Toshiba Corp. is set to gain partial approval from its auditor for its fiscal 2016 financial results and submit the report by the Thursday deadline, sources close to the matter said. Auditor PricewaterhouseCoopers Aarata LLC will issue an "opinion with qualifications" for Toshiba's annual earnings ...
SoftBank Group Corp.'s group net profit in the April-June period fell 97.8 percent from a year earlier to ¥5.52 billion, following a one-time gain last year from the sale of shares in an affiliate. The telecommunications and internet services giant said its group operating profit ...
Japan Airlines Co. said Monday that group net profit rose 32.9 percent in the April-June quarter to ¥19.56 billion ($176.95 million) on strong demand for both international and domestic flights. The nation's second-biggest carrier also said group operating profit rose 12.0 percent to ¥24.75 billion ...
Panasonic Corp. said Monday its group net profit jumped 67.1 percent in the April-June quarter to ¥48.76 billion ($440 million), thanks to brisk sales of electronic parts for automobiles. The electronics giant said group operating profit rose 16.9 percent to ¥83.93 billion in the three-month ...
Sharp Corp. reported Friday a group net profit of ¥14.48 billion in the April to June period, a reversal from a ¥27.45 billion loss a year earlier as sales in TVs and liquid crystal displays used in mobile devices recovered. Operating profit in the first ...
Combined group net profits at major Japanese nonfinancial companies soared 21.1 percent in fiscal 2016, which ended in March, according to a Jiji Press analysis. The survey covered 1,117 nonfinancial companies listed on the Tokyo Stock Exchange's first section that have already released their earnings ...
Nikon said Thursday it recorded a group net loss of ¥7.11 billion ($62 million) in the fiscal year that ended in March, citing restructuring costs for pulling the company into the red for the first time in seven years. The loss represents a reversal from ...
Panasonic said Thursday its net profit fell 9.6 percent in the fiscal year that ended in March, as its solar energy business struggled and a stronger yen pushed down overseas earnings. The electronics maker said its group net profit fell to ¥149.36 billion ($1.3 billion) ...
Nissan Motor Co. announced Thursday that it forecasts a 19 percent profit drop for the current business year through March 2018, echoing gloomy forecasts given earlier by two other Japanese auto giants — Toyota Motor Corp. and Honda Motor Co. Nissan said it estimates a ...
Toshiba Corp. has given up finding a new auditor to check its earnings for fiscal 2016 in place of its current auditor, PricewaterhouseCoopers Aarata LLC, according to informed sources. The effort failed ahead of the Tokyo Stock Exchange-set deadline next Monday for companies listed on ...
Mitsubishi Motors Corp. on Tuesday reported a group net loss of ¥198.52 billion ($1.75 billion) for the business year through March 2017 amid expanding costs related to a fuel economy data manipulation scandal. The automaker, which became part of Nissan Motor Co. last year, reported ...
Toshiba Corp. is considering releasing unaudited full-year earnings results on the May 22 deadline despite having no clear prospects of approval from its auditor, according to sources close to the matter. PricewaterhouseCoopers Aarata LLC continues to disagree with Toshiba over losses related to its U.S. ...
