Nov 15, 2016

Dentsu rides wave of solid earnings connected to Rio Olympics

Advertising giant Dentsu Inc. reported solid group earnings Monday for the January to September period due to brisk ad revenue on the back of the Rio de Janeiro Olympics and Paralympics this summer. Although a simple year-on-year comparison is difficult as Dentsu has changed ...

Nov 9, 2016

Japan's seven top carmakers see April-September sales sag amid high yen

Japan’s seven major automakers logged drops in group sales in April-September, reflecting the yen’s appreciation, their latest earnings data have showed. Toyota Motor Corp., Mazda Motor Corp. and Fuji Heavy Industries Ltd., which rely on exports more heavily than others, posted operating profit declines ...

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 ...

Oct 26, 2016

Canon revises down full-year earnings forecast due to higher yen

Canon Inc. on Wednesday revised downward its full-year group earnings forecast for this year, citing the persistent higher yen and sluggish sales in emerging economies. In the year ending Dec. 31, the maker of printers, photocopiers and cameras expects a group net profit of ...