Japan's listed emerging businesses see 12% profit jump

 06-Dec-17, Nikkei Asian Review 

Companies listed on Japan's stock markets for startups expect net profit to grow an average of 12% in fiscal 2017 amid strong demand in such areas as robotics and biomedical technology.

Image: Nikkei Asian Review

Aggregate black ink of JPY460.8 billion (USD4.09 bn) was estimated for 673 businesses with comparable statistics reaching back to fiscal 2008.

• Medical equipment maker Cyberdyne's sales jumped 27% year on year thanks to increased use of a wearable robot
• Prototyping and manufacturing company Kikuchi Seisakusho is enjoying more business related to movement-assisting equipment used in nursing.
• Trans Genic, a biotech startup, sees net profit growing 36%, producing genetically altered mice for use in lab research.

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 Healthcare insights