Aug 2, 2014

Think tanks forecast 7.4% drop in April-June GDP

Eleven private-sector think tanks suspect the economy shrank by an annualized rate of 7.4 percent on average from April to June, in price-adjusted real terms. Japan’s real GDP is expected to drop sharply after surging 6.7 percent from January to March as consumers rushed ...

Sony expected to lower profit outlook again

Jan 24, 2014

Sony expected to lower profit outlook again

by Mariko Yasu

Nintendo Co. shocked investors last week by lowering its profit forecast for the year. Analysts are concerned Sony Corp. could be next. At least nine analysts cut their profit estimates for Sony over the past two months after slow holiday sales of televisions, personal ...

Jul 19, 2013

April-June GDP forecast faces upgrade to 3%

Economists are projecting that the economy grew at an annualized rate of around 3 percent in the three months to June, surpassing the government’s growth target for raising the consumption tax next April. The projections, offered in terms of inflation-adjusted gross domestic product, were ...

Toshiba sees profit hike on chip demand

May 9, 2013

Toshiba sees profit hike on chip demand

Toshiba Corp. on Wednesday forecast a 29 percent gain in full-year profit on higher demand for semiconductors and power equipment. Net income may be ¥100 billion for the year ending March 31, compared with ¥77.5 billion a year earlier, the company said in a ...

Apr 13, 2013

Fast Retailing raises annual profit forecast as yen weakens

Fast Retailing Co. has raised its forecast for annual profit as the seller of Uniqlo-branded apparel benefits from a weakening yen. Net income will probably be ¥91.5 billion for the year ending in August, higher than its previous forecast of ¥87 billion, the Yamaguchi-based ...