Fast Retailing profit increases as chain expands overseas

/ Apr 13, 2017

Fast Retailing profit increases as chain expands overseas

Uniqlo operator Fast Retailing Co.’s second-quarter profit surged as Asia’s largest clothing chain accelerated its overseas expansion. Operating income gained about 80 percent to ¥42.1 billion in the three months through February, based on first-half earnings the clothing retailer released Thursday. That compares with ...

/ Feb 17, 2017

Sharp lifts profit guidance for fiscal 2016

Sharp Corp. on Friday upgraded its earnings outlook for the year through March on a decline in sales-related costs, forecasting a group operating profit of ¥47.4 billion ($418 million). That is up from the revised projection of ¥37.3 billion announced on Feb. 3. Sharp, ...

Under Hon Hai, Sharp looks to expand LCD operations

/ Feb 14, 2017

Under Hon Hai, Sharp looks to expand LCD operations

Struggling electronics maker Sharp Corp. is starting to focus on expanding its business operations, six months after coming under the umbrella of Taiwan’s Hon Hai Precision Industry Co. In October-December last year, Sharp posted a group net profit of ¥4.2 billion, returning to the ...