Tag - earnings

 
 

EARNINGS

Japan Times
BUSINESS / Companies
Feb 4, 2016
Toshiba loss outlook grows amid accounting scandal fallout
Toshiba Corp. widened its full-year loss forecast as the industrial group cuts jobs and sells businesses to deal with fallout from an accounting scandal.
Japan Times
BUSINESS / Companies
Feb 3, 2016
Nintendo tries to convince investors to wait as profit dives
Nintendo Co. President Tatsumi Kimishima tried to assure investors the company's March mobile gaming debut is worth waiting for, even as a 36 percent plunge in quarterly profit highlighted a downward spiral in sales of Wii U and 3DS players.
Japan Times
BUSINESS / Companies / ANALYSIS
Dec 23, 2015
Toshiba faces turnaround that strikes at heart of its identity
Toshiba Corp. is embarking on a revamp that will leave the one-time technology pioneer a shadow of its former self. An accounting scandal has left the conglomerate in tatters, facing record losses, thousands of job cuts and potential spinoffs that may include the consumer electronics unit that made it...
BUSINESS / Companies
Dec 22, 2015
Moody's lowers Toshiba's credit rating two levels to junk status
Toshiba Corp.'s long-term senior bond rating has been cut two levels by Moody's Investors Service to Ba2, its second-highest junk rating, from Baa3.
BUSINESS / Companies
Dec 21, 2015
Kirin forecasts first loss since 1949 after Brazil unit hurt by slump
Kirin Holdings Co.'s efforts to expand overseas have hit a snag, with the beer giant predicting its first annual loss since 1949 after an economic slump in Brazil hurt its operations there.
BUSINESS / Companies
Dec 17, 2015
Yamaha CEO sees room to exceed targets on emerging markets
Yamaha Motor Co. may beat its profit forecasts if emerging markets hold up better than expected, according to Chief Executive Officer Hiroyuki Yanagi, speaking ahead of Wednesday's interest rate hike in the United States.
Japan Times
BUSINESS / Companies
Nov 4, 2015
SoftBank profit gains as local wireless subscribers offset Sprint losses
SoftBank Group Corp. profit rose as the mobile carrier and Internet investment company boosted Japanese wireless subscribers, offsetting losses at its Sprint Corp. unit in the U.S.
BUSINESS / Companies
Nov 4, 2015
Japan Tobacco cuts 2015 operating profit forecast by 17%
Japan Tobacco Inc., which is paying $5 billion for rights to sell Natural American Spirit cigarettes outside the U.S., lowered its annual operating profit target by 17 percent.
Japan Times
BUSINESS / Companies
Oct 30, 2015
Sharp's vision for recovery blurred as it posts further losses
Electronics-maker Sharp Corp.'s recovery seemed on the blink Friday as it posted a ¥25.1 billion operating loss and ¥83.6 billion net loss for the first half of fiscal 2015. The news came days after Sharp sharply reduced its expectations for the period ahead.
Japan Times
BUSINESS / Companies
Aug 13, 2015
Golden arches lack luster as McDonald's Japan reports ¥26.2 billion loss in year to June
McDonald's Japan on Wednesday reported a record net loss of ¥26.2 billion for the first six months of the year, highlighting its continued struggles after a string of widely reported quality concerns.
BUSINESS / Economy
Aug 5, 2015
Corporate earnings in Japan outshine rest of Asia amid weak yen
Japan is emerging as the star of Asia's latest earnings season, with most companies reporting higher-than-expected profit growth as businesses continue to benefit from Prime Minister Shinzo Abe's economic policies.
BUSINESS / Companies
Aug 4, 2015
Toyota shifts fewer vehicles while weak yen drives profits higher
Toyota Motor Corp. on Tuesday reported lower April-June unit sales, but higher revenues and profit thanks to the weaker yen.

Longform

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