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April 29, 2024
 

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EARNINGS

Japan Times
BUSINESS / Companies
Mar 14, 2017
Toshiba mulls sale of majority stake in Westinghouse
Struggling Toshiba Corp. says it is considering selling a majority stake in its U.S. nuclear unit, Westinghouse Electric Co., aiming to stem further losses from the troubled business.
BUSINESS / Companies
Feb 17, 2017
Sharp lifts profit guidance for fiscal 2016
Sharp Corp. on Friday upgraded its earnings outlook for the year through March on a decline in sales-related costs, forecasting a group operating profit of ¥47.4 billion ($418 million).
Japan Times
BUSINESS / Companies / FOCUS
Feb 17, 2017
Toshiba memory-chip unit is alluring target but not an easy sell
Toshiba Corp., seeking to make up for a huge write-down in its nuclear-equipment unit, finally took the drastic step of putting its crown jewel — its chip business — up for sale. Finding a buyer might prove to be even more difficult.
BUSINESS / Companies
Feb 8, 2017
SoftBank doubles group net profit in April-December
SoftBank Group Corp. said Wednesday its group net profit roughly doubled in the April-September period from a year earlier to ¥857.43 billion ($7.64 billion), helped by solid telecommunications business and improving profitability at its U.S. subsidiary Sprint Corp.
Japan Times
BUSINESS / Companies
Jan 31, 2017
Sony to take writedown of ¥112 billion as movie business founders
Sony Corp. said it will take a ¥112 billion ($1 billion) writedown in its movie business after reviewing the future profitability of its operations.
Japan Times
BUSINESS / Companies / ANALYSIS
Dec 30, 2016
Toshiba burning through cash, running out of fixes to plug nuclear hole
Faced with the prospect of a multi-billion-dollar writedown that could wipe out its shareholders' equity, Japan's Toshiba is running out of fixes: it is burning cash, cannot issue shares and has few easy assets left to sell.
Japan Times
BUSINESS / Companies
Dec 27, 2016
Toshiba reportedly to log over ¥100 billion loss for 2016
Toshiba Corp. may post a loss of more than u00a5100 billion for the year through March in connection with its nuclear plant business in the U.S.
Japan Times
BUSINESS
Dec 9, 2016
Airlines face first profit drop in six years after setting 2016 record as fuel prices inch up: IATA
Global airline earnings are set to suffer their first annual decline in six years after reaching a record in 2016 as higher oil prices clip margins, according to the industry's main trade group.
BUSINESS / Companies
Nov 1, 2016
Sony sees fall in net profit in 2016 on stronger yen
Sony Corp. on Tuesday reported a 78 percent year-on-year fall in its group net profit to ¥26.01 billion in the April to September period, weighed down by a stronger yen and sluggish semiconductor operations.
BUSINESS / Companies
Nov 1, 2016
On road to recovery, Sharp sees first operating profit in three years
Sharp Corp. said Tuesday it expects to post its first operating profit in three years in the current business year through next March, helped by restructuring efforts under the ownership of Taiwan's Hon Hai Precision Industry Co.
Japan Times
BUSINESS / Companies
Oct 31, 2016
Panasonic cuts 2016 earnings forecast on strong yen
Panasonic Corp. has lowered its full-year group earnings forecast for the current business year through next March, citing factors such as a stronger yen and a slump in solar business.
BUSINESS / Companies
Oct 31, 2016
Honda upgrades profit forecast as SUVs lead surge in China sales
Honda Motor Co. raised its forecast for full-year profit as demand for Vezel and XR-V sport utility models surged in China, the carmaker's second-largest market.
BUSINESS / Companies
Oct 26, 2016
Canon revises down full-year earnings forecast due to higher yen
Canon Inc. on Wednesday revised downward its full-year group earnings forecast for this year, citing the persistent higher yen and sluggish sales in emerging economies.
Japan Times
BUSINESS / Companies
Oct 26, 2016
Line returns to black with ¥5.32 billion profit in January to September period
Messaging app provider Line Corp. reported a group net profit Wednesday of ¥5.32 billion ($51 million) in the January to September period, helped by growth in users and advertising revenue.
Japan Times
CULTURE / Entertainment news
Oct 13, 2016
Michael Jackson outstrips Prince, Bowie as top-earning dead celebrity
Michael Jackson topped an annual list of the top-earning dead celebrities on Wednesday for the fourth straight year, far outstripping fellow musical icons Prince and David Bowie, who died earlier this year.
Japan Times
BUSINESS / Companies
Aug 12, 2016
Toshiba returns to black in April-June quarter with ¥79 billion net profit
Toshiba Corp. said Friday it returned to profitability in the April to June quarter, helped by the sale of its white goods unit to China's Midea Group Co. as the industrial conglomerate proceeds with broad restructuring after an accounting scandal.
BUSINESS / Companies
Aug 12, 2016
Hon Hai profit drops a third straight quarter on phone slowdown
Hon Hai Precision Industry Co.'s profit fell for a third straight quarter, reflecting the impact of a global slowdown in demand for smartphones.
Japan Times
BUSINESS / Companies
Aug 9, 2016
McDonald's Japan returned to profitability in January-June half
McDonald's Holdings Co. (Japan) is reporting a group net profit of ¥158 million for the January-June half, returning to profitability after years of slumping sales triggered by food safety scandals.
BUSINESS / Companies
Jul 27, 2016
Nissan profit declines 11% on stronger yen, Japan deliveries
Nissan Motor Co. posted a 11 percent drop in quarterly profit as a stronger yen eroded overseas earnings and domestic sales of minicars supplied by Mitsubishi Motors Corp. slumped after a mileage scandal.
BUSINESS / Companies
Jul 27, 2016
Nintendo falls into red in first quarter, but keeps full-year profit forecast
Nintendo Co. on Wednesday posted a group net loss of ¥24.53 billion ($232.1 million) for the April-June quarter due to the strong yen and sluggish Wii U game console sales, but maintained its forecast of more than doubling its full-year net profit.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Putin’s war will soon reach Russians’ tax bills
Russian President Vladimir Putin speaks during a meeting in St. Petersburg on Friday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.

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