/ May 10, 2017

Recall woes put Takata in red for third straight year

Struggling air bag maker Takata Corp. reported Wednesday a group net loss of ¥79.59 billion ($698.88 million) for the business year that ended March 31 — its third straight year in the red — against a backdrop of recall-related costs. The auto parts maker ...

/ May 2, 2017

Japanese companies expect 5.9% profit growth

Listed companies project an aggregate recurring profit rise of 5.9 percent for fiscal 2017, based on an estimated 4.4 percent growth in sales, according to an interim Jiji Press survey. The survey covered 272 nonfinancial companies listed on the first section of the Tokyo ...

Hon Hai posts surprise profit rise after record iPhone sales

/ Mar 31, 2017

Hon Hai posts surprise profit rise after record iPhone sales

Hon Hai Precision Industry Co. reported an unexpected rise in quarterly earnings after the main assembler of Apple Inc.’s devices rode record iPhone sales during the pivotal holiday shopping period. The world’s biggest contract manufacturer of electronics reported a 30 percent increase in net ...