Business Topics

Aug 6, 2014

Toyota leaving Hollywood roots to boost North American profits

A closer look at Toyota Motor Corp.’s record profit shows why the world’s largest automaker is leaving behind its Hollywood beginnings. While Toyota reported Tuesday it earned more money in last quarter than any automaker on the planet, profit from North America trailed behind ...

Aug 2, 2014

Toyota rises to No. 2 automaker in July U.S. sales, outranks Ford

Rising consumer confidence in the United States drove Toyota Motor Corp. and Nissan Motor Co. to double-digit sales gains in July, with Toyota overtaking Ford Motor Co. to become the second-largest automaker in the market, data released by Autodata Corp. show. The robust figures, ...

Microsoft sues Samsung in royalty dispute

Aug 2, 2014

Microsoft sues Samsung in royalty dispute

Microsoft said Friday it is suing Samsung for threatening to stop paying Microsoft royalties for patents behind the Android operating system. The two companies came to a deal in September 2011 to cross-license each other’s patent portfolios. Samsung wound up paying Microsoft royalties on ...

Sharp sales edge up 1.9% in first quarter

Aug 1, 2014

Sharp sales edge up 1.9% in first quarter

by Kazuaki Nagata

Sharp Corp. said Friday that sales and operating profit in the first quarter rose from the same period a year ago, thanks to continued streamlining and steady sales of LCD-related products that contributed toward its recovery. But due to special costs, including ¥14.3 billion ...

Benesse cancels earnings forecast

Aug 1, 2014

Benesse cancels earnings forecast

Benesse Holdings Inc. has withdrawn its earnings forecast for the year because it can’t determine how the theft of its customer data will impact its correspondence education subsidiary. The company said Thursday it booked ¥26 billion as a special loss for the April-June quarter ...