Oct 8, 2014

McDonald's Japan warns of first net loss in 11 years

McDonald’s Holdings Co. (Japan) said it will swing into the red for the first time in 11 years this year after sales suffered in the midst of a scandal involving expired meat used by a Chinese supplier. The company now expects to incur a ...

Oct 4, 2014

Aeon's first-half net profit dives 91% after sales tax hike

Aeon Co. reported that net profit plunged 91.4 percent to ¥2.02 billion in the first half of the business year as weak consumer spending after the April consumption tax hike hurt the giant retailer’s mainstay supermarket business. The nation’s biggest retail chain also said ...

Jul 31, 2014

Panasonic's revamp efforts continue to pay dividends

Panasonic Corp. said Thursday that its operating profit grew in the April-June quarter on the back of efforts to restructure by shifting focus to industrial markets instead of less profitable consumer products. The electronics giant said group operating profit rose 28.2 percent to ¥82.29 ...

Nissan profit beats estimates on gains in China, U.S.

Jul 28, 2014

Nissan profit beats estimates on gains in China, U.S.

Nissan Motor Co. on Monday reported profit that beat analysts’ estimates as deliveries rose in China and the United States, its two biggest markets. Net income rose 37 percent to ¥112.1 billion in the April-June quarter, beating the ¥84.3 billion average of 14 analyst ...