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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 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
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
May 24, 2019
Citing weakening profitability, lower margins, Moody's downgrades Nissan's credit rating to A3
Nissan Motor Co.’s credit rating was cut a notch by Moody’s Investors Service, which cited the automaker’s weakening profitability and margins over the past two years.
BUSINESS / Companies
May 16, 2019
Japan's mega-banks see challenging year ahead as profit drivers wane
Japan's biggest banks have warned investors of a tough year ahead.
Japan Times
BUSINESS / Companies / ANALYSIS
May 15, 2019
Nissan faces mounting problems on its turnaround path, analysts say
The earnings report and forecast disclosed Tuesday by the automaker underscored a big problem after the arrest and ouster of former Chairman Carlos Ghosn— stabilizing its auto business.
Japan Times
BUSINESS / Companies
May 14, 2019
Nissan projects weakest profit in a decade as Carlos Ghosn woes linger
Nissan Motor Co., trying to rebuild its tarnished reputation over failed corporate governance following the criminal investigation of two former executives, cut its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade.
BUSINESS / Companies
May 13, 2019
Nissan pushes back on Renault's renewed efforts to merge
Nissan Motor Co. is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won't help turn it around, according to a source with knowledge of the discussions.
Japan Times
BUSINESS / Companies / ANALYSIS
May 12, 2019
Carlos Ghosn's successor, Hiroto Saikawa, under siege from within as Nissan profit sinks
Nissan chief Hiroto Saikawa finds himself under pressure from several angles, including a drop in company profits and slumping U.S. sales.

Longform

Visitors to Kyoto walk along a street near Kiyomizu Temple in April. A popular tourist spot, Kyoto has seen what locals feel to be an overwhelming amount of tourists in 2024.
Is Japan ready for 60 million tourists?