Business Topics

Feb 3, 2016

Panasonic cuts full-year earnings outlook amid China slowdown

Panasonic Corp. cut on Wednesday its full-year earnings forecasts, hit by the slowing of the Chinese economy and other emerging markets. For the year through March 31, Panasonic now expects an operating profit of ¥410 billion ($3.4 billion), compared with ¥430 billion projected earlier, ...

Feb 3, 2016

More Toyota plants to go offline due to parts shortage

Toyota said Wednesday that all its domestic parts plants would shut for a full day next week, expanding a production suspension that is set to be its longest since the March 2011 earthquake and tsunami disaster. Toyota said earlier this week that it would ...

Feb 3, 2016

Takeda to evaluate Zika vaccine possibilities

Takeda Pharmaceutical Co., Asia’s largest drugmaker, has assembled an internal team to look into how it might contribute to vaccine efforts to combat the Zika virus, the mosquito-borne pathogen that is currently spreading through the Americas. The company has been in contact with several ...

Feb 2, 2016

JAL named world's most punctual airline for fifth time

Japan Airlines has been recognized as the world’s most punctual major international airline, in a rating by U.S. flight data services firm FlightStats. JAL achieved a on-time arrival rate of 89.44 percent in FlightStats’ seventh annual survey, a lead of 0.47 point over second-ranked ...

Feb 2, 2016

Skymark's rehabilitation on track a year after bankruptcy

A year after its bankruptcy, Skymark Airlines, the nation’s third-largest carrier, is seeing an improvement in fortunes as rehabilitation gains pace. It has withdrawn from unprofitable routes since it filed for bankruptcy protection with the Tokyo District Court on Jan. 28 last year, and ...

Alphabet comes before Apple as world's most valuable company

Feb 2, 2016

Alphabet comes before Apple as world's most valuable company

Alphabet now comes before Apple atop the list of the world’s most valuable companies. The shift occurred in Monday’s extended trading after Alphabet, Google’s new parent company, released a fourth-quarter earnings report that highlighted the robust growth of the digital ad market. Apple Inc.’s ...