May 14, 2013

JGC vaults Africa siege to log profit

Yokohama-based JGC Corp., which lost 10 employees during the Algerian hostage siege earlier this year, reported bumper profits Monday. The 10 Japanese workers, hired directly or indirectly by JGC Corp., including former Vice President Tadanori Aratani, were killed by heavily armed militants who overran ...

Apple announces rare drop in profit, record stock buyback

Apr 25, 2013

Apple announces rare drop in profit, record stock buyback

Apple reported Tuesday that its quarterly profit dipped for the first time in nearly a decade as it squeezed less money from its champions in the competitive smartphone and tablet markets. The maker of iPhones, iPads, iPods, and Macintosh computers stepped in to bolster ...

Feb 4, 2013

More firms cut outlooks despite exchange rate boost: poll

JIJI Despite the yen’s rapid decline, more major Japanese companies are cutting their annual earnings projections rather than raising them, a survey says. As the earnings season gets under way, the survey released Saturday said that 72 companies had lowered their earnings projections for ...

May 11, 2011

Softbank logs a record net profit on robust mobile phone revenue

Softbank Corp. almost doubled its group net profit in fiscal 2010 from to a record ¥189.71 billion on robust operations in its mainstay mobile phone service division. Its consolidated operating profit for the year that ended March 31 rose 35.1 percent to ¥629.16 billion ...