Black ink flows for three breweries

Feb 18, 2014

Black ink flows for three breweries

Three of Japan’s four major brewers reported year-on-year increases in consolidated operating profits in 2013, according to their financial statements released by Monday. Suntory Holdings Ltd. and Asahi Group Holdings Co. marked record sales, operating profits and net profits thanks to brisk sales of ...

MMC's net profit surges to record ¥88 billion

Feb 5, 2014

MMC's net profit surges to record ¥88 billion

Mitsubishi Motors Corp. said Wednesday its group net profit for the April-December period soared fivefold from a year earlier to a record ¥88.41 billion, driven by the yen’s depreciation despite a decline in sales in Thailand. Its operating profit grew 135.4 percent to ¥96.30 ...

Feb 5, 2014

Mazda ups group profit forecast to record ¥110 billion

Mazda Motor Corp. on Wednesday raised its projected group net profit for the business year to a record ¥110 billion, up from an earlier forecast of ¥100 billion, citing benefits from the yen’s depreciation and robust sales of vehicles equipped with its Skyactiv fuel-efficient ...

Mitsubishi Estate profit up 73% on home sales

Feb 5, 2014

Mitsubishi Estate profit up 73% on home sales

Mitsubishi Estate Co. said Wednesday its nine-month net income rose 73 percent as profit margins of its residential business improved. Net income came to ¥58.5 billion for the nine months that ended Dec. 31 from ¥33.9 billion a year earlier, Japan’s biggest developer by ...