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July 16, 2024
 

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FINANCIAL RESULTS

BUSINESS / Companies
Apr 27, 2018
Amazon announces strong profit for first quarter of 2018 as sales jump to $51 billion
Amazon.com Inc. more than doubled its profit in an announcement on Thursday and predicted strong spring results as the world's biggest online retailer raised the price for U.S. Prime subscribers, added U.S. football games and touted its cloud services for business.
BUSINESS / Companies
Apr 27, 2018
Mitsubishi UFJ group to book ¥40 billion extraordinary loss as it streamlines branches
Mitsubishi UFJ Financial Group Inc. plans to book an extraordinary loss of about ¥40 billion ($370 million) in fiscal 2017 as its banking unit is considering reorganizing about 15 percent of domestic branches, sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Apr 26, 2018
Sharp posts first net profit in four years on solid LCD sales
Sharp Corp. said Thursday it posted its first group net profit in four years in fiscal 2017, helped by its core liquid crystal display business.
BUSINESS / Companies
Feb 2, 2018
Amazon posts largest profit in its history on sales and tax boost
Amazon.com Inc. on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line.
BUSINESS / Companies
Jan 31, 2018
Sharp returns to black in April-December period for first time in four years
Sharp Corp. reported Wednesday a consolidated net profit of ¥55.38 billion ($509 million) for the nine months through December, its first black ink for the period in four years due to recovering sales and cost cutting.
Japan Times
JAPAN / Crime & Legal / FOCUS
Nov 9, 2017
Tellmeclub bankruptcy scandal prompts expansion of customer reimbursement program
The travel agency scandal has led to changes in the industry with plans revise a program to increase protection for customers.
Japan Times
BUSINESS / Companies
Nov 6, 2017
Subaru cuts profit outlook as it tackles scandal over invalid vehicle inspections
Subaru Corp. on Monday revised downward its full-year group earnings forecast for the business year through next March as the carmaker moves to grapple with its decades-old faulty product inspections.
Japan Times
BUSINESS / Companies
Oct 30, 2017
Nintendo sales jumped 2.7-fold in April-September on robust Switch demand
Nintendo Co. is reporting a 2.7-fold year-on-year increase in consolidated sales in the six months through September on brisk demand for the Switch game console and related software titles.
BUSINESS
Sep 24, 2017
Probe Toshiba's latest results for misstatements, SESC staffers urge
Members of the Securities and Exchange Surveillance Commission are calling for an investigation to be opened into Toshiba Corp.'s fiscal 2016 results, claiming they contain significant misstatements, sources close to the matter said Saturday.
Japan Times
BUSINESS / Markets
Aug 23, 2017
Thinking the unthinkable: Japan's stocks slip free of yen's grip
It's still early, but there are signs Japan's equity market is approaching escape velocity when it comes to a force that has entranced it for years.
Japan Times
BUSINESS / Companies
Aug 10, 2017
Toshiba ducks delisting by submitting long overdue financial report
Struggling Toshiba Corp. dodged delisting Thursday by submitting its annual business report for 2016 just before deadline, accompanied by a shaky sign-off from its auditor.
Japan Times
BUSINESS / Companies
Aug 9, 2017
Japan Display to cut 3,700 jobs on first-quarter loss
Japan Display Inc. on Wednesday reported a group net loss in the April to June quarter for the fourth straight year, announcing fresh restructuring measures including slashing some 3,700 jobs, mainly overseas.
Japan Times
BUSINESS / Companies
Jul 26, 2017
Nintendo returns to profit in April-June quarter fueled by strong Switch sales
Nintendo Co. said Wednesday it posted a group net profit of ¥21.26 billion ($190 million) for the three-month period that ended in June, a turnaround from a ¥24.53 billion loss a year earlier, on the back of solid sales of its Switch game console and games.
Japan Times
BUSINESS / Companies
Jul 21, 2017
Toshiba to book ¥40 billion special profit from sale of stake in Swiss unit
Toshiba Corp. said Friday it plans to book a special profit of roughly ¥40 billion ($357 million) in the business year to March from the sale of its Swiss subsidiary's shares, part of its effort to raise cash for its looming restructuring plans.
Japan Times
BUSINESS / Companies
Jun 23, 2017
Toshiba asks regulators for extension on annual statement deadline to Aug. 10
Beleaguered Toshiba requests yet another deadline extension for its annual earnings report, increasing its chances of being delisted.
Japan Times
BUSINESS / Companies
Jun 12, 2017
Fujifilm uncovers accounting discrepancies at Australian unit
Fujifilm Holdings Corp. said Monday an independent panel investigating accounting for its overseas operations found irregularities at an Australian subsidiary in addition to those already found at a New Zealand unit.
BUSINESS / Companies
May 31, 2017
Toshiba unable to issue fiscal 2016 earnings report at shareholders meeting
Toshiba said Wednesday it will not be able to release its fiscal 2016 earnings report at its shareholders meeting next month, as the prospect of a timely filing of its financial statement with regulators by the end of June grows dimmer by the day.
Japan Times
BUSINESS / Companies
May 23, 2017
Sony about to get its groove back, CEO Kazuo Hirai says
After five years of restructuring by Sony Corp., Chief Executive Officer Kazuo Hirai said Tuesday he is confident the once-dominant electronics giant will see an operating profit of ¥500 billion, the largest in two decades, in the current business year.
Japan Times
BUSINESS / Companies
May 15, 2017
Japan Post logs ¥29 billion net loss; first since privatization
Japan Post Holdings Co. logged a group net loss of ¥28.98 billion for fiscal 2016, its first red ink since its privatization in 2007, due to a massive write-down of its Australian logistics arm.
Japan Times
BUSINESS / Companies
May 10, 2017
Toyota's profits decline on stronger yen, political instability
Toyota Motor Corp. said Wednesday its net profit declined for the first time in five years in a downward trend it expects to continue in the near future.
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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