Business Topics

Nov 1, 2016

Sony sees fall in net profit in 2016 on stronger yen

Sony Corp. on Tuesday reported a 78 percent year-on-year fall in its group net profit to ¥26.01 billion in the April to September period, weighed down by a stronger yen and sluggish semiconductor operations. The mammoth electronics maker said its operating profit for the ...

Panasonic cuts 2016 earnings forecast on strong yen

Oct 31, 2016

Panasonic cuts 2016 earnings forecast on strong yen

Panasonic Corp. has lowered its full-year group earnings forecast for the current business year through next March, citing factors such as a stronger yen and a slump in solar business. For fiscal 2016, the Osaka-based electronics maker said Monday it now expects an operating ...

Oct 31, 2016

Honda upgrades profit forecast as SUVs lead surge in China sales

Honda Motor Co. raised its forecast for full-year profit as demand for Vezel and XR-V sport utility models surged in China, the carmaker’s second-largest market. Net income will probably rise to ¥415 billion in the fiscal year ending March, more than the ¥390 billion ...