Sep 22, 2014

August supermarket sales down for fifth month after tax hike

Supermarket sales fell 0.1 percent in August from a year earlier on a same-store basis, declining for the fifth consecutive month following the April consumption tax hike, an industry body said Monday. Sales at 9,242 stores operated by 60 supermarket chains totaled ¥1.09 trillion, ...

Sony's sales of PlayStation 4 top 10 million units worldwide

Aug 13, 2014

Sony's sales of PlayStation 4 top 10 million units worldwide

Global cumulative sales of the PlayStation 4 home gaming console topped 10 million units as of Sunday, Sony Corp.’s gaming unit said Wednesday. Sony, which has been struggling to rebuild its electronics business, is positioning the gaming sector as a pillar for improving its ...

China meat supplier probe hurting McDonald's sales

Aug 5, 2014

China meat supplier probe hurting McDonald's sales

McDonald’s Corp., poised to resume selling beef and chicken in China this week after a supplier was accused of repackaging old meat, says the matter is hurting the chain’s results in Asia. McDonald’s Holdings Co. (Japan) said its sales in July fell 17.4 percent ...

Jul 23, 2014

Apple profit climbs along with iPhone sales

Apple on Tuesday reported that its quarterly profit climbed with strong iPhone demand, but a decline in iPad tablet sales put a damper on its results. The California-based company posted a profit of $7.7 billion on revenue of $37.4 billion in the three months ...

Jul 9, 2014

Recreational pot goes on sale in Washington state

Washington on Tuesday became the second U.S. state to allow people to buy marijuana legally without a doctor’s note as eager customers who lined up outside stores made their purchases and savored the moment. People began buying marijuana at 8 a.m. at Top Shelf ...

May 22, 2014

Tepco to jump into markets outside Tokyo

Tokyo Electric Power Co. plans to start moving into other markets in October as Japan prepares to liberalize its electricity market in 2016, officials of the beleaguered utility said Thursday. Tepco, the nation’s largest utility, will initially make forays into the western and central ...

Beer sales take limited tax-hike hit

May 14, 2014

Beer sales take limited tax-hike hit

Shipments of beer and related brewed drinks fell by 21 percent in April compared with a year earlier, to 29.4 million cases, data showed Wednesday. It was the biggest decline for any month since records began, in 1992, and it was the weakest ever ...

Mar 24, 2014

February supermarket sales gain 1.5% to ¥965.5 billion

Sales at supermarkets in February rose 1.5 percent from a year earlier on a same-store basis, up for the first time in three months, an industry group said Monday. Total sales at 9,174 outlets run by 59 companies came to ¥965.5 billion, the Japan ...

Nissan releases all-new Teana

Feb 5, 2014

Nissan releases all-new Teana

Nissan Motor Co. launched the third generation of the Teana sedan in the domestic market Wednesday, featuring enhanced comfort for long road trips and crash avoidance support technologies. The new Teana, equipped with a 2.5-liter engine, has been developed as a global strategic model ...

Feb 4, 2014

Panasonic profit beats analyst estimates

Panasonic Corp. posted third-quarter profit that beat analysts’ estimates as the television maker stops making plasma sets to speed up reforms and recover from back-to-back annual losses. Net income rose 20 percent to ¥73.7 billion in the three months that ended Dec. 31, the ...