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April 29, 2024
 

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EARNINGS

BUSINESS / Companies
Jul 31, 2015
Sharp logged group net loss in April-June for fifth straight year
Sharp Corp. said Friday it remained in the red in the April-June period for the fifth straight year with a net loss of ¥33.98 billion due to sluggish sales of liquid crystal displays for smartphones.
BUSINESS / Companies
Jul 29, 2015
Nissan group net profit hits record ¥152.8 billion in April-June
Nissan Motor Corp. reported Wednesday a record group net profit of ¥152.8 billion for the April-June quarter, up 36.3 percent from a year earlier, reflecting strong sales in North America and Europe and the weak yen.
BUSINESS / Companies
Jul 29, 2015
Tepco's quarterly profit triples as fuel prices plunge
Tokyo Electric Power Co., operator of the wrecked Fukushima No. 1 nuclear plant, said its first-quarter operating profit tripled as a drop in fuel prices helped cut costs.
BUSINESS / Companies
Jul 29, 2015
Nissan profits beat estimates as deliveries increase in U.S.
Nissan Motor Co. reported profits that beat analyst estimates as deliveries increased in the U.S., its biggest market.
BUSINESS / Companies
Jul 29, 2015
Scandal-hit Toshiba eyes retaining Muromachi as president
Toshiba Corp. is looking at the possibility of retaining temporary President Masashi Muromachi when it appoints its new management team next month as it regroups following an accounting scandal, according to company sources.
Japan Times
BUSINESS
Jul 22, 2015
Hermes reports strong sales growth, revenue up 27% in Japan
Luxury goods maker Hermes International SCA reported a 22 percent increase in second-quarter sales, led by accelerating growth in Japan.
Japan Times
BUSINESS / Companies
Jul 22, 2015
How Toshiba's inability to acknowledge 'embarrassing' figures led to massive misrepresentation
"Get it done like your life depends on it."
Japan Times
BUSINESS / Companies
Jul 21, 2015
Heads roll at Toshiba as scandal claims top brass
President Hisao Tanaka resigns over the accounting scandal that saw the firm allegedly pad its profits over the past seven years.
BUSINESS / Companies
Jul 15, 2015
Toshiba CEO to step down in September over accounting scandal
Toshiba Corp. Chief Executive Hisao Tanaka will step down in September along with other board members including Vice Chairman Norio Sasaki to take responsibility for accounting irregularities, sources familiar with the matter said.
BUSINESS / Companies
Jul 10, 2015
Rainy season dampens Uniqlo's sales forecast
Fast Retailing Co. raised doubt about meeting its own sales targets for Uniqlo casual wear sales in the current quarter as unseasonably cool weather dampened demand for summer items.
BUSINESS / Companies
May 27, 2015
Toshiba execs to have salaries cut by up to 50%
All 41 executive officers of Toshiba Corp. will have their salaries cut by up to 50 percent as the company takes responsibility for accounting irregularities, sources close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
May 20, 2015
Mitsui CEO eyes food, retail amid profit slump
Mitsui & Co., the nation's top oil trader, is expanding its focus beyond raw materials as its incoming CEO contends with an expected 22 percent decline in profit this year.
BUSINESS / Companies
May 14, 2015
Sharp to cut 3,500 jobs after latest loss
The troubled electronics maker said it will act to create new profit-driving ventures, but that its LCD business is likely to continue to weigh heavily on the company.
Japan Times
BUSINESS
May 14, 2015
Automakers should invest in future while yen is on their side: analysts
Japanese automakers enjoyed solid sales and profits in fiscal 2014 thanks to the benefits of the weakened yen, and fiscal 2015 looks set to drive further growth.
Japan Times
BUSINESS / Companies
May 14, 2015
Toshiba puts downward profit revision at over ¥50 billion
Toshiba Corp. has announced it might have to revise operating profit downward by just over ¥50 billion ($412 million) for the three years through March 2014 because of an in-house investigation into improper accounting at its infrastructure-related businesses.
Japan Times
BUSINESS / Companies
May 12, 2015
SoftBank posts record profit, reveals potential successor
SoftBank Corp. said Monday it posted a record group net profit for the fifth consecutive year last fiscal year and its top executive described a former Google Inc. executive as a possible successor to run the Japanese telecom giant in future.
BUSINESS / Companies
May 9, 2015
Toshiba pulls earnings forecast, cancels dividend over improper accounting
After finding improper accounting on infrastructure projects, Toshiba Corp. withdraws its earnings forecasts for last year and says it won't pay a year-end dividend.
BUSINESS / Companies
May 8, 2015
Toyota posts record profit but sells fewer vehicles
Toyota Motor Corp. posted record sales and net profit for fiscal 2014 on Friday, thanks to the weakened yen and cost-cutting efforts at the world's largest automaker.
Japan Times
BUSINESS / Companies
May 1, 2015
Japan Tobacco to buy U.S. e-cigarette brand as operating profit falls
Japan Tobacco Inc.'s first-quarter operating profit declined 8.4 percent as domestic cigarette sales fell and the weakness of the Russian ruble hurt earnings from its biggest overseas market.
Japan Times
BUSINESS / Companies
Apr 30, 2015
Sony posts loss but says it has turned the corner
Sony Corp. posted a group net loss of ¥125.9 billion for fiscal 2014 but vowed to achieve a turnaround in years ahead.
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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By Alex K.T. Martin

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