Tankan Large Service Index at 18

The video discusses the resilience of Japanese companies despite a stronger yen, which has impacted their profitability. It examines the effects of a higher yen on corporate earnings, noting that while sales have declined, cost control measures have helped maintain profitability. The video also explores yen fluctuations and global economic trends, such as negative rates and growth in China, and their impact on profits. Finally, it compares the outlooks of small and large manufacturers, highlighting differences in exposure to external factors.

What does the speaker suggest about the future of profitability in relation to the yen's stability?

What trends are impacting profits in Japan, according to the discussion?