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April 29, 2024
 

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EARNINGS

Japan Times
BUSINESS / Companies
Feb 4, 2016
Toshiba loss outlook grows amid accounting scandal fallout
Toshiba Corp. widened its full-year loss forecast as the industrial group cuts jobs and sells businesses to deal with fallout from an accounting scandal.
BUSINESS / Companies
Feb 3, 2016
Panasonic cuts full-year earnings outlook amid China slowdown
Panasonic Corp. cut on Wednesday its full-year earnings forecasts, hit by the slowing of the Chinese economy and other emerging markets.
Japan Times
BUSINESS / Companies
Feb 3, 2016
Nintendo tries to convince investors to wait as profit dives
Nintendo Co. President Tatsumi Kimishima tried to assure investors the company's March mobile gaming debut is worth waiting for, even as a 36 percent plunge in quarterly profit highlighted a downward spiral in sales of Wii U and 3DS players.
BUSINESS / Companies
Dec 25, 2015
Toshiba fined record ¥7.3 billion over accounting scandal
The Financial Services Agency on Friday imposed a record ¥7.37 billion fine on scandal-hit Toshiba Corp. for falsifying financial reports.
Japan Times
BUSINESS / Companies / ANALYSIS
Dec 23, 2015
Toshiba faces turnaround that strikes at heart of its identity
Toshiba Corp. is embarking on a revamp that will leave the one-time technology pioneer a shadow of its former self. An accounting scandal has left the conglomerate in tatters, facing record losses, thousands of job cuts and potential spinoffs that may include the consumer electronics unit that made it a global player.
BUSINESS / Companies
Dec 22, 2015
Moody's lowers Toshiba's credit rating two levels to junk status
Toshiba Corp.'s long-term senior bond rating has been cut two levels by Moody's Investors Service to Ba2, its second-highest junk rating, from Baa3.
Japan Times
BUSINESS / Companies
Dec 21, 2015
Toshiba sees record ¥550 billion loss; more job cuts planned
Toshiba Corp. forecasts a record ¥550 billion loss for the current fiscal year and is now planning 7,800 job cuts and restructuring businesses that include TVs, personal computers and home appliances.
BUSINESS / Companies
Dec 21, 2015
Kirin forecasts first loss since 1949 after Brazil unit hurt by slump
Kirin Holdings Co.'s efforts to expand overseas have hit a snag, with the beer giant predicting its first annual loss since 1949 after an economic slump in Brazil hurt its operations there.
BUSINESS / Companies
Dec 17, 2015
Yamaha CEO sees room to exceed targets on emerging markets
Yamaha Motor Co. may beat its profit forecasts if emerging markets hold up better than expected, according to Chief Executive Officer Hiroyuki Yanagi, speaking ahead of Wednesday's interest rate hike in the United States.
BUSINESS / Companies
Nov 9, 2015
Toyo Tire falls into red for January-September amid data scandal
Toyo Tire & Rubber Co. fell into the red with a group net loss of ¥4.3 billion for the January-September period of fiscal 2015 as a data falsification scandal involving its products forced it to book a massive special loss.
Japan Times
BUSINESS / Companies
Nov 7, 2015
Toshiba posts ¥90.5 billion operating loss for April-September period, sues executives over scandal
Toshiba sues its former management over improper accounting practices that spanned roughly seven years, and is seeking a total of u00a5300 million in damages.
Japan Times
BUSINESS / Companies
Nov 4, 2015
SoftBank profit gains as local wireless subscribers offset Sprint losses
SoftBank Group Corp. profit rose as the mobile carrier and Internet investment company boosted Japanese wireless subscribers, offsetting losses at its Sprint Corp. unit in the U.S.
BUSINESS / Companies
Nov 4, 2015
Japan Tobacco cuts 2015 operating profit forecast by 17%
Japan Tobacco Inc., which is paying $5 billion for rights to sell Natural American Spirit cigarettes outside the U.S., lowered its annual operating profit target by 17 percent.
Japan Times
BUSINESS / Companies
Oct 30, 2015
Sharp's vision for recovery blurred as it posts further losses
Electronics-maker Sharp Corp.'s recovery seemed on the blink Friday as it posted a ¥25.1 billion operating loss and ¥83.6 billion net loss for the first half of fiscal 2015. The news came days after Sharp sharply reduced its expectations for the period ahead.
BUSINESS / Companies
Oct 29, 2015
Panasonic's six-month profit up 38% to ¥111.3 billion
Panasonic Corp. said Thursday its group net profit in the six months through September grew 37.6 percent from a year earlier to ¥111.33 billion ($922 million) on strong sales of home appliances and the weaker yen.
Japan Times
BUSINESS / Companies / FOCUS
Aug 14, 2015
Toshiba scandal highlights need for diversity in corporate Japan
An accounting scandal engulfing Japanese conglomerate Toshiba Corp. has exposed how closed corporate culture, still prevalent even at globally well-known companies in the country, plagues corporate governance.
Japan Times
BUSINESS / Companies
Aug 13, 2015
Golden arches lack luster as McDonald's Japan reports ¥26.2 billion loss in year to June
McDonald's Japan on Wednesday reported a record net loss of ¥26.2 billion for the first six months of the year, highlighting its continued struggles after a string of widely reported quality concerns.
BUSINESS / Economy
Aug 5, 2015
Corporate earnings in Japan outshine rest of Asia amid weak yen
Japan is emerging as the star of Asia's latest earnings season, with most companies reporting higher-than-expected profit growth as businesses continue to benefit from Prime Minister Shinzo Abe's economic policies.
BUSINESS / Companies
Aug 4, 2015
Toyota shifts fewer vehicles while weak yen drives profits higher
Toyota Motor Corp. on Tuesday reported lower April-June unit sales, but higher revenues and profit thanks to the weaker yen.
BUSINESS / Companies
Aug 4, 2015
Major Japanese firms post robust profit growth in April-June
Major Japanese firms posted robust year-on-year profit rises in the April-June quarter due to the yen's decline, an oil price plunge and fading adverse effects of the consumption tax hike in April 2014, according to data compiled by a major brokerage.
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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