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July 17, 2024
 

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Japan Times
BUSINESS / Companies
Aug 13, 2020
Toshiba posts ¥11.35 billion net loss for pandemic-hit April-June quarter
Toshiba Corp. reported Wednesday a net loss of ¥11.35 billion ($106 million) in the April-June period due to sluggish performance in its storage device segment hit by coronavirus-trigged disruptions.
Japan Times
BUSINESS / Companies
Aug 11, 2020
SoftBank returns to profit after record losses earlier in the year
Masayoshi Son has pulled off a remarkably speedy comeback after the worst loss in his company's 39-year history.
Japan Times
BUSINESS
Aug 6, 2020
Pandemic and stay-home gamers help Nintendo's profit to surge
Nintendo Co. said Thursday its net profit for April to June soared to ¥106.48 billion ($1 billion), a 6.4-fold rise from a year earlier, as the coronavirus pandemic and subsequent stay-home requests spurred demand for its Switch console and software.
Japan Times
BUSINESS / Companies
Aug 5, 2020
Sharp eyes 2020 net profit doubled with supply chain recovery
Sharp Corp. said Wednesday it expects a 2.4-fold increase in net profit for the current business year through next March to ¥50 billion ($473 million) as its supply chains disrupted by the coronavirus pandemic return to normal.
Japan Times
BUSINESS
Aug 5, 2020
Honda expects 64% net profit fall in fiscal 2020, but sees gradual recovery
The automaker forecasts its operating profit in the year to drop 68.4 percent to u00a5200 billion, on estimated sales of u00a512.8 trillion, down 14.3 percent.
Japan Times
BUSINESS
Aug 4, 2020
Sony expects fiscal 2020 net profit to fall 12.4% over pandemic
Sony Corp. said Tuesday its fiscal 2020 net profit is expected to fall 12.4 percent from a year earlier to ¥510 billion ($4.8 billion), as the coronavirus pandemic has hit its image sensor and movie businesses.
Japan Times
BUSINESS / Companies
Jul 31, 2020
Mazda forecasts ¥90 billion net loss for full year as pandemic weakens demand
The automaker anticipates an u00a540 billion operating loss on sales of u00a52.85 trillion and has decided to ax dividends.
Japan Times
BUSINESS / Companies
Jul 31, 2020
Amazon plows through pandemic with record profits
The firm is one of the few to have kept operating during the pandemic, and has invested in COVID-19 business mitigation measures.
Japan Times
BUSINESS / Companies
Jul 30, 2020
Panasonic posts quarterly loss as pandemic hits sales hard
Panasonic Corp. said Thursday it incurred a net loss of ¥9.83 billion ($93 million) in the April to June quarter, its first red ink in nine years for the period, as the coronavirus pandemic dented sales in all segments, including automobile and aircraft equipment.
Japan Times
BUSINESS / Companies
Jul 30, 2020
Toyota likely the world's best-selling carmaker for January-June
Toyota alone globally produced 3.31 million units in the first half of 2020, down 28.6 percent from the previous year.
BUSINESS / Companies
Jul 28, 2020
Canon suffers first quarterly loss amid pandemic
Canon Inc. on Tuesday reported a group net loss of ¥8.8 billion for April to June due to the fallout from the coronavirus pandemic, suffering the first red figure on a quarterly basis since it started earnings disclosure in 2001.
Japan Times
BUSINESS / Companies
Jul 28, 2020
Nissan sees sharp sales and profit drop as business struggles
Nissan will shut three production lines and cut about 14,000 jobs globally, up from 12,500 announced a year ago.
Japan Times
BUSINESS / Companies
Jul 27, 2020
Nissan’s quarterly loss seen smaller on faster cost cuts
Like many other automakers, Nissan's revenue plummeted during the April-June period this year.
Japan Times
BUSINESS / Companies
Jul 20, 2020
Ex-Nissan boss Ghosn says Renault-Nissan financial results 'pathetic'
The low stock prices of the alliance partners are more a reflection of poor leadership than the COVID-19 pandemic, the fugitive ex-boss says.
BUSINESS / Companies
Jun 30, 2020
Japan Display posts net loss for sixth year on restructuring costs
Japan Display Inc. said Tuesday it posted a group net loss of ¥101.42 billion ($938 million) in fiscal 2019, a red ink figure for the sixth straight year, due to hefty restructuring costs and weak demand for products.
Japan Times
BUSINESS / Companies
Jun 29, 2020
Toyota's global output plunged record 54.4% in May amid pandemic
Japan's biggest automaker also said its global sales fell 31.8 percent to 576,508 vehicles in the reporting month.
Japan Times
BUSINESS / Companies
Jun 22, 2020
Toyota's output to recover to 10% drop in July, beating projections
Toyota Motor Corp. said Monday its domestic production volume in July is expected to recover from what is projected for June, thanks to the resumption of economic activities in Japan following the end of national state of emergency over the novel coronavirus.
Japan Times
BUSINESS
Jun 22, 2020
May convenience store sales fall 10% amid virus impact
Convenience store sales in May fell 10 percent from a year earlier, marking a third month of decline, affected by stay-at-home requests issued across Japan following the emergence of the coronavirus, an industry body said Monday.
Japan Times
BUSINESS
Jun 9, 2020
Robust sales in China keep Uniqlo owner Fast Retailing on top amid pandemic
With much of Asia having subdued the spread of COVID-19, Fast Retailing is seeing trade return to its Uniqlo stores.
Japan Times
BUSINESS / Economy
Jun 1, 2020
Virus takes toll as major Japanese department stores' sales plummet in May
Major Japanese department store operators said Monday their sales in May dived over 60 percent from year-earlier levels as many of their outlets shut or reduced business hours under a nationwide state of emergency over the novel coronavirus.
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.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
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.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
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.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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