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July 16, 2024
 

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FINANCIAL RESULTS

BUSINESS / Companies
May 10, 2017
Recall woes put Takata in red for third straight year
Struggling air bag maker Takata Corp. reported Wednesday a group net loss of ¥79.59 billion ($698.88 million) for the business year that ended March 31 — its third straight year in the red — against a backdrop of recall-related costs.
Japan Times
BUSINESS / Companies
May 2, 2017
Western Digital earnings show value and risk of SanDisk purchase
Western Digital Corp.'s earnings showed the value of its SanDisk acquisition and how much it has to lose if a partnership with Toshiba Corp. is disrupted by the desperation sale of the Japanese company's chip unit.
Japan Times
BUSINESS / Companies
Apr 21, 2017
Fujifilm to delay earnings release amid accounting probe into transactions by overseas unit
Fujifilm Holdings Corp. said Thursday it will postpone the release of earnings reports for the business year ended in March after it discovered about ¥22 billion ($201.7 million) in net profits may have been incorrectly declared over the past several years.
EDITORIALS
Apr 14, 2017
Toshiba's bid for survival
Unless Toshiba identifies and addresses the root causes of its management woes, its future may not be guaranteed even if it survives the current crisis.
Japan Times
BUSINESS / Companies
Mar 31, 2017
Hon Hai posts surprise profit rise after record iPhone sales
Hon Hai Precision Industry Co. reported an unexpected rise in quarterly earnings after the main assembler of Apple Inc.'s devices rode record iPhone sales during the pivotal holiday shopping period.
BUSINESS / Companies
Feb 15, 2017
Dentsu to launch work reform panel over employee suicide; profits projected to drop
Advertising giant Dentsu Inc. will set up an independent committee to oversee working environment reforms in the wake of public uproar sparked by the death of a young employee who committed suicide due to overwork.
Japan Times
BUSINESS / Companies
Feb 9, 2017
McDonald's Japan bounces back with ¥5.37 billion profit for 2016
McDonald's Holdings Co. (Japan) on Thursday reported a ¥5.37 billion ($48 million) group net profit for 2016, returning to profitability after years of slumping sales triggered by food safety scandals.
Japan Times
BUSINESS / Companies
Feb 3, 2017
Weak yen helps Panasonic raise 2016 profit forecasts
Panasonic Corp. said Thursday it has raised its full-year group earnings forecasts for the current business year through March, citing a weaker-than-expected yen.
BUSINESS / Companies
Jan 31, 2017
Canon CFO says investing in Toshiba's chip business 'difficult'
Canon Inc. views it as difficult to invest in Toshiba Corp.'s flash memory business because the company already has a number of investment projects going on and sees little time left to assess its property, Canon Chief Financial Officer Toshizo Tanaka said Tuesday.
Japan Times
BUSINESS / Companies
Jan 26, 2017
Line declines after quarterly profit, sales miss estimates
Line Corp. posted its biggest drop yet as analysts cut ratings after fourth-quarter profit and revenue that missed estimates.
BUSINESS / Companies
Aug 3, 2016
ANA's net profit falls 20.7% in April-June amid quakes, stronger yen
ANA Holdings Inc. reported Wednesday a 20.7 percent year-on-year drop in group net profit in the April-June quarter, as powerful quakes in southwestern Japan and terrorist attacks in Europe curbed air travel demand.
Japan Times
BUSINESS / Companies
Aug 2, 2016
Clouds lifting for Japan's banks as negative rates stay put
The Bank of Japan's decision not to drag interest rates further below zero provides relief for the nation's banks after shrinking lending profits crimped first-quarter earnings.
BUSINESS / Companies
Jul 29, 2016
Panasonic net profit tumbles 64% as shade falls on solar power sales in first quarter
Panasonic Corp. on Friday said group net profit fell 63.5 percent in the April-June quarter to ¥21.74 billion ($210 million) on year, hit by the strong yen and sluggish sales of solar power systems.
BUSINESS / Companies
Jul 29, 2016
Sharp narrows operating loss to ¥2.52 billion in first quarter
Sharp Corp., restructuring under Taiwan's Hon Hai Precision Industry Co., reported on Friday a group operating loss of ¥2.52 billion ($24.3 million) for the April-June quarter after another poor performance from its core liquid crystal display business.
BUSINESS / Companies
Jul 29, 2016
Mizuho profit slides 16% on negative interest rate
Mizuho Financial Group, the nation's second-largest lender, said first-quarter profit dropped 16 percent, as Japan's negative interest rate hit income from loans and investments and failed to stoke broader borrowing.
Japan Times
BUSINESS / Companies
Jul 29, 2016
Tepco's profit plummets amid power saving, defections to new competitors
Tokyo Electric Power Company Holdings Inc., operator of the wrecked Fukushima No. 1 nuclear plant, said first-quarter operating profit plummeted 37 percent as sales declined amid faltering demand and new competition in Japan's power market.
BUSINESS / Companies
Jul 28, 2016
Komatsu quarterly profit down 52% on weak demand
Construction and mining equipment manufacturer Komatsu Ltd., which last week made a $2.89 billion offer for Joy Global Inc., said first-quarter profit fell 52 percent as demand languished in markets such as the Middle East and Indonesia and the stronger yen crimped overseas revenue.
BUSINESS / Companies
Jul 28, 2016
SoftBank profit rises on proceeds from Alibaba stake sale
SoftBank Group Corp.'s first-quarter profit rose 19 percent as proceeds from selling part of its stake in Alibaba Group Holding Ltd. helped offset losses at Sprint Corp.
Japan Times
BUSINESS / Companies
Jun 22, 2016
Mitsubishi Motors sees first loss in eight years amid scandal
Mitsubishi Motors Corp. forecast its first loss in eight years after setting aside compensation costs related to manipulating fuel-efficiency ratings and falsifying test data.
Japan Times
BUSINESS
May 26, 2016
The whispered numbers that tip off Japan traders have suddenly become taboo
For years, it's been one of the Tokyo stock market's biggest open secrets: By the time companies reveal their earnings to the public, the most plugged-in traders have known the numbers for weeks.
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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