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July 16, 2024
 

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Japan Times
BUSINESS / Companies
Feb 5, 2020
MUFG just posted first quarterly loss in a decade
Mitsubishi UFJ Financial Group Inc. has posted its first quarterly loss in a decade and cut its annual profit forecast after booking a hefty charge on its stake in an Indonesian bank.
Japan Times
BUSINESS / Companies
Feb 4, 2020
Sony raises full-year profit outlooks on strong image sensor sales
Sony Corp. on Tuesday raised its group net and operating profit outlooks for the current business year through March, citing robust demand for image sensors used in portable devices such as smartphone cameras.
Japan Times
BUSINESS / Companies
Jan 31, 2020
Hitachi's net profit sinks 33% on weak overseas sales from April to December
Hitachi Ltd. reported Friday its group net profit for the April to December period sank 33.3 percent from a year earlier to ¥55.15 billion ($505 million) because of falling sales in China and elsewhere in Asia.
Japan Times
BUSINESS / Companies
Jan 31, 2020
Nintendo shares drop most since April after profit misses estimates
Shares in Nintendo Co. fell the most in nine months on Friday after the firm missed estimates for quarterly profit and forecast full-year earnings that were short of expectations, raising concern about demand for its Switch game console.
BUSINESS / Companies
Jan 31, 2020
NTT Docomo's revenue and profits fell from April to December last year
Major mobile phone carrier NTT Docomo Inc. reported Thursday that both group sales and profits fell year-on-year in the April-December 2019 period, mainly due to new discount plans introduced in June last year.
Japan Times
BUSINESS / Companies
Jan 29, 2020
Line in 2019 logs biggest net loss since stock market listing
Free messaging app provider Line Corp. on Wednesday reported a group net loss of ¥46.9 billion for the business year that ended in December last year, the biggest such loss at the firm since its stock market debut in 2016.
Japan Times
BUSINESS
Jan 10, 2020
Uniqlo sees worst drop in overseas sales in decade amid Hong Kong unrest and South Korea row
Political flare-ups in Asia are putting the brakes on Fast Retailing Co.'s overseas momentum, as the Uniqlo operator reported the worst decline in its quarterly revenue in a decade for its international segment.
Japan Times
BUSINESS / Companies
Dec 18, 2019
Asahi Breweries to stop disclosing sales volume data amid strengthening competition for top spot
Asahi Breweries Ltd. says it will stop releasing sales volume data for its beer and quasi-beer products this month, switching in January to the disclosure of the value of sales.
Japan Times
BUSINESS / Companies
Nov 15, 2019
Japan Post Holdings' sales dropped 4.8% for April-September amid insurance scandal
Japan Post Holdings Co. said Thursday its group revenue in the April-September half dropped 4.8 percent from a year earlier to ¥5.96 trillion.
Japan Times
BUSINESS / Companies
Nov 13, 2019
Toshiba posts ¥145 billion net loss in first half of fiscal year
Toshiba Corp. reported a net loss Wednesday of ¥145.15 billion ($1.3 billion) for the April-September period, due in part to taking a loss on the sale of a U.S. liquefied natural gas operation.
Japan Times
BUSINESS / Companies
Nov 12, 2019
Nissan reports 70% profit slump in second quarter and slashes full-year outlook
Nissan, whose financial performance has been in the doldrums for nearly two years, also cut its forecast for operating profit by u00a580 billion for the year through March.
Japan Times
BUSINESS / Companies
Nov 7, 2019
SoftBank's Son says it's business as usual after record loss, but Tokyo traders aren't buying it
Masayoshi Son wants investors to believe that a record loss from investments in money-losing startups WeWork and Uber Technologies Inc. is but a bump in the road. Some aren't buying it.
Japan Times
BUSINESS / Companies
Nov 7, 2019
After WeWork and Uber turmoil, SoftBank lurches into the red
SoftBank Group Corp. on Wednesday reported its first quarterly operating loss in 14 years — ¥704.4 billion (about $6.5 billion) — after writing down the value of a string of marquee investments, including WeWork and Uber Technologies Inc.
Japan Times
BUSINESS / Companies
Nov 6, 2019
Descente slashes net profit outlook by 82% amid South Korea boycott of Japanese goods
Sportswear-maker Descente Ltd. on Wednesday sharply slashed its net profit outlook for fiscal 2019, hit by a widespread boycott of Japanese products in its mainstay South Korean market.
Japan Times
BUSINESS / Companies
Nov 6, 2019
Asahi to again slash full-year forecast as overseas push leaves brewer vulnerable
Asahi Group Holdings Ltd. lowered its annual sales and profit forecast again as its $22 billion push into overseas markets makes Japan's largest brewer more vulnerable to currency swings.
BUSINESS / Companies
Nov 2, 2019
Six major Japanese electronics makers see net profits plummet amid U.S.-China trade war
Six of seven major Japanese electronics makers suffered year-on-year drops in group net profits in April-September, according to earnings reports released Friday.
Japan Times
BUSINESS / Companies
Nov 1, 2019
Sharp sees net profit fall 33.1% in April-September, attributes decline to weak TV sales
Sharp Corp. said Friday its group net profit in the April-September period fell 33.1 percent from a year earlier to ¥27.40 billion ($254 million), due to weak TV sales in overseas markets.
Japan Times
BUSINESS / Companies
Nov 1, 2019
Panasonic sees 11% drop in April-September profit due to China-U.S. trade war
Panasonic Corp.'s group net profit in the fiscal first half declined 11.2 percent from a year earlier, as sluggish sales in China — amid its prolonged trade war with the United States — overshadowed a boost in domestic housing-related businesses.
Japan Times
BUSINESS / Companies
Oct 31, 2019
Apple's holiday sales forecast to top analysts' estimates
Apple Inc.'s new iPhones are expected to help the technology giant return to growth in the key holiday period, supported by a growing collection of other products and services.
Japan Times
BUSINESS / Companies
Oct 30, 2019
ANA cuts earnings outlook due to weak cargo demand amid U.S.-China trade war
ANA Holdings Inc. lowered its earnings outlook Tuesday for the business year through March, due to weak demand for air cargo and business-class seats amid continued trade tension between the United States and China.
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.
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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