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Japan Times
BUSINESS / Companies
Feb 7, 2023
SoftBank Vision Fund loses ¥660 billion as tech slump persists
A collapse in valuations last year has pummeled the global tech investor, which holds stakes in hundreds of startups.
Japan Times
BUSINESS / Companies
Feb 6, 2023
As tech slumps, SoftBank's Son spooks investors with plan to skip earnings call
The founder and chief executive of the world’s largest tech investor is bidding farewell to the presentations he’s led for decades, saying he would focus on taking chip designer Arm public.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Japan's ANA Holdings raises profit forecast as travel demand recovers
Competitor Japan Airlines also returned to profit, with pre-tax earnings of ¥24.7 billion through December from a loss of ¥188.7 billion the year before.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Panasonic cuts full-year outlook as costly raw materials weigh
The company faces challenges amid a tricky outlook for global growth as it looks to further build out its energy business.
Japan Times
BUSINESS
Jan 30, 2023
Toyota maintains title as world's No. 1 carmaker for third straight year
Group sales, which include those of its subsidiaries Daihatsu and Hino, were mostly flat at 10.5 million units for the year, the company said.
Japan Times
BUSINESS
Jan 12, 2023
Uniqlo owner sticks to forecast while seeking to raise wages
Operating profit for the year ending August is forecast to reach u00a5350 billion ($2.7 billion), the clothing retailer said in a statement.
Japan Times
BUSINESS / Companies
Nov 27, 2022
Citing pandemic, seven Japanese life insurers incur April-September loses
Insurance payments ballooned as life insurers distributed hospitalization benefits to a wide range of policyholders infected with the coronavirus.
Japan Times
BUSINESS / Tech
Nov 24, 2022
Nintendo breaks sales record with new Pokemon games on Switch
Pokemon Scarlet and Violet were released simultaneously on Nov. 18 and sold over 4 million units at home in Japan, also setting a new domestic record.
Japan Times
BUSINESS / Companies
Nov 9, 2022
Nissan hikes forecasts on weak yen despite falling unit sales
Nissan also reported a one-time loss in the period of approximately u00a5100 billion 'in connection with the withdrawal from the Russian market.'
Japan Times
BUSINESS / Companies
Nov 9, 2022
Honda posts 16% rise in second-quarter profit and lifts outlook
The firm has been helped by robust performance in its motorcycle business, particularly in Asia.
Japan Times
BUSINESS / Companies
Oct 31, 2022
SMBC Nikko posts record loss on market rigging fallout
The firm signaled personnel changes are in the works, and wasn't optimistic that business will bounce back quickly.
Japan Times
BUSINESS / Companies
Oct 28, 2022
Toyota says quarterly output up 30%, but parts shortages continue
The announcement came a week after Toyota said it was unlikely to meet its 9.7 million vehicle production goal for this financial year due to a scarcity of chips.
BUSINESS
Oct 27, 2022
Toyota unit Hino expects fiscal 2023 operating profit despite data scandal
The operating profit forecast by Hino was still 82% down on the previous financial year.

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?