Tag - financial-results

 
 

FINANCIAL RESULTS

BUSINESS
Mar 1, 2019
Japan sees first fall in corporate profits in over two years due to weak China demand and high material costs
Corporate profits in Japan were down for the first time in 2½ years in the fourth quarter of 2018 amid falling demand from China and rising costs, government data showed Friday.
Japan Times
BUSINESS / Companies
Feb 13, 2019
Toshiba cuts fiscal 2018 profit outlook on sluggish semiconductor sector
Toshiba Corp. on Wednesday sharply downgraded its group operating profit forecast for the fiscal year through March, due mainly to losses and additional costs stemming from its semiconductor manufacturing equipment and energy businesses.
BUSINESS / Companies
Feb 11, 2019
Toshiba to cut operating profit forecast by half, Nikkei says
Toshiba Corp. is preparing to cut its full-year profit forecast by at least half, hurt in part by higher expenses in its energy business, the Nikkei business daily reported, without saying where its information originated.
Japan Times
BUSINESS / Companies
Feb 7, 2019
Subaru cuts fiscal 2018 earnings forecast after plant shutdown due to power-steering defect
Subaru Corp. said Thursday it had revised downward its full-year group earnings forecast for the current business year, which runs through March, amid declining production and sales, after it temporarily shut down a factory over a power-steering defect on certain models.
Japan Times
BUSINESS / Companies
Feb 6, 2019
SoftBank Group reports 62% jump in operating profit, rising to record high
SoftBank Group Corp. on Wednesday reported robust earnings for the April-December period, crediting positive returns on investments in other businesses and ventures.
Japan Times
BUSINESS / Companies
Feb 1, 2019
Hitachi sees net profit fall due to halting of U.K. nuclear project
Hitachi Ltd. on Friday reported a 68 percent decline in group net profit in the April-December period from a year earlier, with the firm primarily attributing the fall to its subsidiary’s suspension of a nuclear power plant project in the United Kingdom.
BUSINESS / Companies
Jan 30, 2019
Sharp cuts fiscal 2018 sales outlook to ¥2.5 trillion due to China-U.S. trade war
Sharp Corp. on Wednesday slashed its group sales outlook for the current business year ending in March to ¥2.50 trillion ($24.6 billion) from a previously estimated ¥2.69 trillion to reflect the possible negative effects of the prolonged U.S.-China trade dispute.
Japan Times
BUSINESS / Companies
Oct 31, 2018
Panasonic's net profit for April-September period fell 4.5% from year earlier amid slowdown in China
Panasonic Corp. said Wednesday its group net profit in the six months to September fell 4.5 percent from a year earlier, citing weakening investment in China and sluggish sales of consumer electronics.
Japan Times
BUSINESS
Oct 31, 2018
Amazon dealt $250 billion blow from market jitters and earnings confusion
Fears of a prolonged market downturn, slowing international sales, stepped-up competition in the U.S. and flat-out confusion about how Amazon.com Inc. makes money are all reasons behind the company's dizzying 25 percent drop in value from its September high.
Japan Times
BUSINESS / Companies
Oct 30, 2018
Sharp lifts FY 2018 net profit outlook despite lower sales forecast
Sharp Corp. on Tuesday raised its net profit outlook for the current business year due to cost-cutting, and despite lowering its sales forecast.
Japan Times
BUSINESS / Companies
Oct 30, 2018
Sony boosts outlook as PlayStation heads for record year
Sony Corp. upgraded its earnings outlook for a second straight quarter, thanks to a plethora of hit video-game titles that are boosting the PlayStation business.
Japan Times
BUSINESS / Companies
Oct 11, 2018
Fast Retailing posts record profit on strong global sales
Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Thursday its group net profit rose 29.8 percent to a record ¥154.81 billion ($1.38 billion) in the year through August thanks to strong sales at home and abroad.
BUSINESS
Sep 16, 2018
40% of Japan's health insurance societies seen posting losses in 2017; some may disband
Over 40 percent of the 1,394 health insurance societies set up for employees of large companies and their families are expected to report losses for fiscal 2017 ended March, sources said.
Japan Times
BUSINESS / Companies / FOCUS
Aug 27, 2018
Japan's star businessman who ignores his investors to make them rich
When Akira Matsumoto speaks, investors hang on his every word. And here's what he tells them: You're less important than everyone else.
BUSINESS / Companies
Aug 8, 2018
Toshiba posts record quarterly profit on chip sale, but outlook unclear
Toshiba Corp. reported a record quarterly net profit Wednesday, thanks to the $18 billion sale of its flash memory chip business earlier this year to a consortium led by U.S. private equity firm Bain Capital.
BUSINESS / Companies
Aug 1, 2018
Mazda posts lower quarterly profit as expenses bite
Mazda Motor Corp. on Wednesday posted a 17 percent drop in operating profit for the first quarter, as a rise in discounting on U.S. vehicles and costs to improve its dealership network in the country overshadowed an increase in sales.
Japan Times
BUSINESS / Companies
Jul 31, 2018
Sony posts record first quarter profit on strong game sales
The electronics firm posted profit of u00a5195 billion, giving support to the new management's strategy of focusing on stable sources of revenue.
Japan Times
BUSINESS / Companies / ANALYSIS
May 22, 2018
Japan's earnings reports mostly disappoint, but analysts see hope ahead
With Japan's quarterly reporting period almost over, one analyst summed up the general feeling about companies' profit performance.
Japan Times
BUSINESS / Companies
May 15, 2018
Toshiba books first net profit in four years
The firm said it improved its balance sheet by recording u00a5783.1 billion in shareholders' equity at the end of March, staving off a risk of being delisted.
Japan Times
BUSINESS / ANALYSIS
May 14, 2018
Japanese automakers' rosy profits may be short-lived
Japan's big three automakers enjoyed soaring net profits in the last business year, but analysts warn it is too early to say the robust results suggest a return to their glory days.

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