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November 22, 2024
 

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FINANCIAL RESULTS

Honda's electric vehicle e:NP2 is displayed at the Auto Shanghai show, in Shanghai in April. The recent weakening of the yen couldn't come at a better time for Japanese automakers, which are struggling in the Chinese market.
BUSINESS / Economy
Aug 14, 2023
Weak yen gives Japan automakers temporary relief from China pain
A weak yen has traditionally lifted profits for Japan's big exporters
Sony, a key supplier of image sensors to Apple and other device-makers, has said it doesn’t expect demand in the mobile phone market to bounce back until next year at the earliest.
BUSINESS / Companies
Aug 10, 2023
Sony falls most in a year as smartphone demand fails to recover
The Tokyo-based company’s operating income fell 31% in the first fiscal quarter because of sharp declines in the movie and sensor groups.
The Alibaba Group Holding offices in Beijing on Tuesday. Alibaba is scheduled to release earnings results on Thursday.
BUSINESS / Companies
Aug 9, 2023
Alibaba and Tencent’s big gains may not signal inflection point
Chinese policymakers have stopped short of providing significant policy support, consumer spending is muted and profit margins remain thin.
Softbank's Vision Fund unit swung to a profit of ¥61 billion in the quarter ended June, compared with a ¥2.33 trillion loss for the same period a year ago.
BUSINESS
Aug 8, 2023
Global tech stock rebound lifts SoftBank Vision Fund into profit
The fund logged a ¥61 billion profit in the quarter ended June — its first in over a year — compared with a ¥2.33 trillion loss a year ago.
Signage for Sumitomo Mitsui Banking (right) and Mizuho Bank (center) in Tokyo. Two of Japan's mega-banks reported solid quarterly profit on Monday.
BUSINESS
Jul 31, 2023
Japan’s biggest banks beat estimates, adding to BOJ tailwind
Sumitomo Mitsui Financial Group said net income for the quarter ending June 30 was ¥248 billion, while Mizuho Financial Group’s was ¥245.2 billion.
Japan Times
BUSINESS / Economy
Jul 21, 2023
China's sagging economy looms over quarterly results around the world
Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Japan Times
BUSINESS
Jul 19, 2023
Japan's retailers see earnings windfall as consumers tolerate inflation
Profits and rising share prices in the sector, undiminished by customer hesitancy, are adding to speculation the Bank of Japan may upgrade its inflation forecast next week.
Japan Times
BUSINESS / Companies
Jul 13, 2023
Uniqlo owner posts record Q3 profit and raises forecast on China recovery
Fast Retailing has 925 Uniqlo outlets in mainland China — more than in Japan — making it a bellwether for a retail market that was hammered by tough COVID-19 restrictions.
Japan Times
BUSINESS
Jul 3, 2023
Tesla and BYD post record sales on demand for electric vehicles
Elon Musk’s vow to chase volume by cutting prices seems to have worked, but BYD still dominates the Chinese market with fresher lineup and increasingly global ambitions.
Japan Times
BUSINESS / Tech
Jun 29, 2023
Micron delivers strong forecast in sign that glut is easing
Sales will be as much as $4.1 billion in the fiscal fourth quarter, the company said in a statement. That compares with an average analyst estimate of $3.87 billion.
Japan Times
BUSINESS / Companies
May 18, 2023
Nomura slashes profit targets across board, plans major review
The moves underscore the challenges for Nomura leadership as rate hikes and geopolitical tensions dampen investor sentiment.
Japan Times
BUSINESS
May 12, 2023
Toshiba posts 35% decline in full-year net profit
The firm has said a planned takeover bid that is expected to take the company private will likely start in late July.
Japan Times
BUSINESS
May 12, 2023
Nissan profit outlook tops projections as cost cuts bear fruit
Operating profit will be ¥520 billion ($3.9 billion) for the period through March 2024, the Yokohama-based company said Thursday.
Japan Times
BUSINESS / Companies
May 11, 2023
SoftBank Vision Fund loses ¥4.3 trillion on weak startup values
Many of the privately held companies that SoftBank’s invested in are not yet profitable, while the IPO market remains lackluster.
Japan Times
BUSINESS / Companies
May 10, 2023
Toyota beat profit forecast in fiscal '22, upbeat on sales for year ahead
The world's top-selling automaker said it also expects profit to increase in the year ahead on 'improvements in semiconductor supply and the efforts of production sites.'
Japan Times
BUSINESS
May 10, 2023
Mitsubishi Motors to stick with China despite poor sales
The automaker’s retail sales in China dropped to 32,000 units in the third quarter, and those numbers are expected to decline again for the quarter that ended in March.
Japan Times
BUSINESS / Companies
May 9, 2023
Nintendo warns sales of Switch consoles to slow further this year
Nintendo said on Tuesday that it sold 17.9 million Switch units in the year to March and reported operating profit of ¥93.8 billion for the quarter on Tuesday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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