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BUSINESS / Companies
Feb 9, 2021

SoftBank’s Vision Fund posts record $8 billion profit on IPO boom

A global rally in technology shares has boosted the value of SoftBank's stakes in publicly traded firms like Uber Technologies Inc.
Japan Times
BUSINESS / Companies
Oct 27, 2020

Canon and Nidec outlooks offer early hints for Japan blue chips

Canon is forecasting operating profit 42% higher than the figure it gave previously, while Nidec has lifted its outlook by 12%.
Japan Times
BUSINESS / Companies
Jul 31, 2020

Amazon plows through pandemic with record profits

The firm is one of the few to have kept operating during the pandemic, and has invested in COVID-19 business mitigation measures.
JAPAN
May 11, 2020

Japan shouldn't rush decision on academic year, scholars caution

Recent opinion polls by the media show the public is rather skewed toward supporting a September start for the academic year.
Japan Times
BUSINESS
Feb 3, 2020

Financial market website Zero Hedge knocked off Twitter over coronavirus 'bioweapon' story

Twitter Inc. has banned financial market website Zero Hedge from the social media platform after it published an article linking a Chinese scientist to the outbreak of the fast-spreading coronavirus last week.
BUSINESS / Companies
Aug 22, 2019

Tokyo FM Broadcasting admits fiddling the books to hide subsidiary's losses

Tokyo FM Broadcasting Co. said Wednesday that it engaged in improper accounting practices to hide a subsidiary's losses.
Japan Times
COMMENTARY / World
Jun 10, 2019

A top global finance meeting loses relevance

Ministers mouth the right words, but aren't empowered to solve what ails the global economy.
Japan Times
BUSINESS / Companies
May 14, 2019

Nissan projects weakest profit in a decade as Carlos Ghosn woes linger

Nissan Motor Co., trying to rebuild its tarnished reputation over failed corporate governance following the criminal investigation of two former executives, cut its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade.
Billionaire Elon Musk, owner of the X social media platform, pauses during an event with British Prime Minister Rishi Sunak in London on Nov. 2.
BUSINESS / Tech
Nov 25, 2023

X may lose up to $75 million in revenue as advertisers pull out

Scores of brands have pulled their ads after owner Elon Musk’s endorsement of an antisemitic conspiracy theory.
Travelers at Shanghai Hongqiao railway station on Feb. 6. For the Feb. 10-17 period, there were 99.5 million rail trips made in China, a figure 36% higher than the comparable period in 2019.
BUSINESS / Economy
Feb 19, 2024

China’s new year travel and spending top pre-COVID levels

Some 474 million tourist trips were made around the country during the festival, which began Feb. 10 and concluded Saturday.
A branch of the Fast Retailing clothing brand Uniqlo in Tokyo
BUSINESS
Apr 12, 2024

Uniqlo operator upbeat on Europe and North America after Q2 profit miss

Fast Retailing left its full-year operating profit forecast unchanged at ¥450 billion.
In the April-September period, Nintendo logged net profit of ¥108.7 billion ($710 million), down 60% from the same period a year earlier.
BUSINESS / Companies
Nov 5, 2024

Nintendo lowers sales forecast as first-half profits plunge

The video game giant now expects sales of ¥1.28 trillion, down from the previous estimate of ¥1.35 trillion, and also issued a less optimistic operating profit forecast.
Fuji TV President Kenji Shimizu speaks to reporters at the company's headquarters in Tokyo on Thursday following a board meeting.
JAPAN
Jan 31, 2025

Fuji TV expects ¥23 billion dent in revenue over Nakai scandal

The broadcaster, projecting its ad revenue to total ¥125.2 billion in the year through March, expects to fall into the red.
Kobayashi Pharmaceutical President and CEO Satoshi Yamane apologizes for the company's health hazard scandal involving its supplement products during a news conference in Osaka on Monday.
BUSINESS / Companies
Feb 11, 2025

Kobayashi Pharma logs first net profit drop since 1999 listing

The company's net profit plunged 50.5% in the aftermath of a health scandal involving its supplements, which emerged last year.
The Voice of America building in Washington on Sunday, a day after more than 1,300 of the employees of the media broadcaster, which operates in almost 50 languages, were placed on leave
WORLD / Politics
Mar 18, 2025

China and Russia eager to fill void as Trump axes U.S.-funded media

Trumps moves come after years of efforts by Beijing and Moscow to promote their own worldview on the global media landscape.
The Advanced Micro Devices headquarters in Santa Clara, California
BUSINESS / Tech
May 7, 2025

AMD and Arm offer a window into the AI landscape ahead of Nvidia earnings

Though chipmaking stocks have taken a hit this year, underlying results may show a stronger foundation for the AI trade than recent stock performance indicates.
According to earnings reports released by Thursday, net profit is forecast to fall 47.7% to ¥250 billion at Nippon Yusen K.K., 60% to ¥170 billion at Mitsui O.S.K. Lines and 67.3% to ¥100 billion at Kawasaki Kisen Kaisha.
BUSINESS / Companies
May 9, 2025

Three major Japan shipping firms expect sharp falls in profit

The companies are projecting a drop in the transport of autos and other goods due to U.S. tariff measures.
The Meiji Yasuda Life Insurance headquarters in Tokyo. Paper losses on Japanese bonds held by the company expanded to about ¥1.386 trillion ($9.7 billion) in the year ended March, compared with ¥161.4 billion a year earlier.
BUSINESS / Companies
May 26, 2025

Japan's biggest life insurers post $60 billion in unrealized bond losses

The paper losses on their domestic bond holdings in the last fiscal year underscore the risks they face as interest rates climb.
AI hallucinations — when generative models fabricate information — are becoming more frequent, harder to detect and increasingly dangerous as we embed the technology deeper into society.
COMMENTARY / World
May 28, 2025

AI hallucinations? What could go wrong?

The notion that we can’t ensure that AI will produce accurate information is, uh, “disturbing” if we intend to integrate that product so deeply into our daily lives.

Longform

A mushroom cloud from the atomic bombing on Hiroshima taken from a U.S. military aircraft on Aug. 6, 1945. Copying the photo without permission is prohibited.
80 years on, a Japanese American hibakusha recalls the day the bomb dropped