面临外部不确定性，日本下调增长预期

Group 1 - The U.S. has implemented tariffs on several trade partners, leading to a downward revision of Japan's GDP growth forecast for 2025 to 0.7%, a decrease of 0.5 percentage points from earlier estimates [1] - Japanese automotive companies, including Toyota, are facing significant profit reductions, with a projected combined operating profit decline of approximately 2.67 trillion yen (about 130.2 billion RMB) for the 2025 fiscal year [2] - Subaru anticipates a 52.7% decrease in net profit for the 2025 fiscal year, projecting a drop to 160 billion yen (approximately 7.8 billion RMB) [2] Group 2 - Japanese electronic component manufacturers reported a 24% decrease in net profit, totaling 183.9 billion yen (around 8.9 billion RMB) for the April to June 2025 period [2] - The uncertainty from U.S. tariff policies is causing Japanese companies to reduce export expectations and investment, contributing to a cautious outlook on growth [3] - The Japanese government is seeking to expand exports, including efforts to restore imports of Japanese agricultural products by South Korea [4] Group 3 - Japan's central and local government fiscal deficit for 2025 is estimated at 3.2 trillion yen (approximately 156 billion RMB), which is an improvement from the previous estimate of 4.5 trillion yen [3] - Toyota is advancing technological innovation with the upcoming launch of "Woven City," aimed at testing autonomous driving technologies and fostering collaboration with other industries [4] - The Japanese government is facing internal policy debates on how to mitigate the impacts of U.S. tariffs, control inflation, and manage interest rate adjustments [4]