Warm winter means damp profits for Fast Retailing

Jan 7, 2016

Warm winter means damp profits for Fast Retailing

Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather worldwide hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear, the Yamaguchi-based company said Thursday. Operating profit will probably be ¥180 billion in the year ending August ...

Mizuho group raises profit forecast by 20%

Nov 14, 2013

Mizuho group raises profit forecast by 20%

Mizuho Financial Group Inc. raised its full-year profit forecast 20 percent as the stock market rally spurred fee income and the value of its share-holdings. Net income will probably total ¥600 billion in the year ending March 31, the nation’s third-biggest bank by market ...

Apr 26, 2013

Sony raises profit forecast on asset sales, weaker yen

Sony Corp. raised its annual profit forecast Thursday amid a weaker yen and gains from selling offices and stock holdings. Net income was probably ¥40 billion in the year ended March, up from an earlier projection of ¥20 billion, the company said. Selling properties ...