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July 16, 2024
 

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FINANCIAL RESULTS

Japan Times
BUSINESS / Companies
Oct 29, 2019
Sony records strongest Q2 profit as image sensor demand offsets slide in gaming earnings
Sony Corp. on Wednesday said operating profit jumped 16 percent in its strongest-ever result for a second quarter, as robust sales of image sensors offset a tumble in earnings from its gaming division.
Japan Times
BUSINESS / Companies
Oct 28, 2019
Canon cuts profit estimates for third time on weak China sales
Canon Inc. on Monday lowered its earnings estimates for 2019 for the third time due to weak demand for cameras and printers in China and Europe.
Japan Times
BUSINESS / Companies
Oct 21, 2019
Renault's weaker outlook raises odds for deal on Nissan stake
Renault SA's growing litany of woes could nudge the French carmaker to reduce its stake in Nissan Motor Co., a step that would help ease their strained relations.
Japan Times
BUSINESS / Companies
Oct 11, 2019
Fast Retailing logs record profits on strong Uniqlo sales overseas
Fast Retailing Co. has reported record profits and sales for the fiscal year through August, propelled by strong sales at its Uniqlo Co. casual clothing brand in Asia and Oceania.
Japan Times
BUSINESS / Companies
Aug 22, 2019
Tokyo FM Broadcasting admits fiddling the books to hide subsidiary's losses
Tokyo FM Broadcasting Co. said Wednesday that it engaged in improper accounting practices to hide a subsidiary's losses.
Japan Times
BUSINESS / Companies
Aug 15, 2019
Companies that employ the most women get the best returns, Morgan Stanley report shows
Employing more women brings a stock market boost, according to Morgan Stanley research on how diversity influences share prices.
Japan Times
BUSINESS / Companies
Aug 9, 2019
Japan Display logs ¥83 billion net loss in first quarter
Japan Display Inc. said Friday it had developed a negative net worth following a group net loss of ¥83.27 billion ($786 million) for the April-June quarter due to restructuring costs and falling demand for smartphone displays.
Japan Times
BUSINESS / Companies
Aug 8, 2019
Toshiba logs ¥140 billion net loss in April-June on poor chip demand
Toshiba Corp. reported a net loss of ¥140.23 billion ($1.3 billion) for the April-June quarter, weighed down by the sluggish performance of its affiliated semiconductor business amid the escalating U.S.-China trade war.
Japan Times
BUSINESS / Companies
Aug 7, 2019
SoftBank Group's quarterly profit jumps to ¥1.12 trillion, the highest recorded for a Japanese firm
SoftBank Group Corp. said Wednesday its group net profit in the April-June period jumped more than threefold to a record ¥1.12 trillion ($10.6 billion) from a year earlier — marking the best quarter for a Japanese firm since 2004 — boosted by a special profit from selling part of its stake in Chinese...
Japan Times
BUSINESS / Companies
Aug 2, 2019
Toyota posts record sales and profit for quarter but cuts outlook due to stronger yen
Toyota Motor Corp. on Friday lowered its outlook for group net profit, operating profit and sales for the business year through March due to a stronger yen, despite posting record sales and net profit in the April-June quarter.
Japan Times
BUSINESS / Companies
Jul 31, 2019
Panasonic's April-June operating profit sags 43 percent on lower China sales
Panasonic Corp. said Wednesday its group operating profit fell 43.6 percent from a year earlier in the April to June quarter to ¥56.39 billion ($519 million), hit by weak sales of industrial components in China.
Japan Times
BUSINESS / Companies
Jul 31, 2019
Shares fall as Samsung reveals profit plunge and warns outlook unclear due to Japan export curbs
Samsung Electronics Co. warned Wednesday that Japanese controls on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to “significant new challenges.”
Japan Times
BUSINESS / Companies
Jul 31, 2019
Huawei posts 23% sales growth as U.S. sanctions set to bite
Huawei Technologies Co. reported a 23 percent rise in revenue to 401.3 billion yuan (¥6.3 trillion) in the first half as the Chinese telecommunications giant withstood U.S. efforts to curb its business.
Japan Times
BUSINESS / Companies
Jul 30, 2019
Lower sales of PlayStation 4 spurs Sony to cut fiscal 2019 sales outlook
Sony Corp. cut Tuesday its sales outlook for the current fiscal year through next March to ¥8.6 trillion ($79 billion) from ¥8.8 trillion forecast earlier, after the company lowered its sales expectations for PlayStation 4 hardware.
Japan Times
BUSINESS / Companies
Jul 29, 2019
Renault's troubled ties to Nissan are hurting the bottom line
For months, Renault SA's partnership with Nissan Motor Co. has been a strain on management and a public relations nightmare. Now the Japanese carmaker's woes are hitting where it really hurts: the bottom line.
Japan Times
BUSINESS / Companies
Jul 25, 2019
Nissan to slash 10% of global workforce after worse-than-expected 99% profit plunge
About 12,500 jobs will be eliminated at 14 loss-making factories overseas, including in Indonesia and Spain, by the end of March 2023, the automaker said.
Japan Times
BUSINESS
Jul 25, 2019
737 Max jetliner grounding crisis pushes Boeing to biggest-ever loss near $3 billion
Boeing Co. posted its largest-ever quarterly loss on Wednesday, diving nearly $3 billion into the red as it wrestles with a longer-than-expected grounding of its best-selling 737 Max.
Japan Times
BUSINESS / Companies
Jun 28, 2019
Hong Kong fund to provide up to $180 million in aid to struggling Japan Display
Japan Display Inc. said Friday it will receive around $150 million to $180 million in financial aid from a Hong Kong-based fund as it scrambles to secure funds under its bailout plan.
BUSINESS / Companies
Jun 15, 2019
Company in China-Taiwan group forgoes assistance to Japan Display, leaving bailout up in the air
A Taiwanese company that is part of a consortium planning to offer bailout funds to struggling Japan Display Inc. has decided to forgo providing the funds, sources said Saturday.
Japan Times
BUSINESS / Companies
Jun 13, 2019
Japan Display CEO to quit as struggling screen-maker plans more job cuts
Japan Display Inc., a supplier to Apple Inc., said Wednesday its CEO will quit in September to take responsibility for years of net losses as it unveiled additional restructuring measures and raised the number of domestic job cuts to 1,200.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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