Fujifilm uncovers accounting discrepancies at Australian unit

/ Jun 12, 2017

Fujifilm uncovers accounting discrepancies at Australian unit

Fujifilm Holdings Corp. said Monday an independent panel investigating accounting for its overseas operations found irregularities at an Australian subsidiary in addition to those already found at a New Zealand unit. The maker of camera equipment, cosmetics and medical supplies said losses from incorrect ...

/ 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 ...

Apr 14, 2017

Toshiba's bid for survival

Unless Toshiba identifies and addresses the root causes of its management woes, its future may not be guaranteed even if it survives the current crisis.