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May 03, 2024
 

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EARNINGS

Japan Times
BUSINESS / Companies
Apr 28, 2015
Panasonic's group net profit rose 49% in fiscal 2014
Panasonic Corp. said Tuesday its group net profit rose 49 percent from a year earlier to ¥179.49 billion ($1.5 billion) in the fiscal that ended in March, as its robust in-car device business abroad dispelled negative effects from last April's consumption tax hike in Japan.
BUSINESS / Companies
Apr 28, 2015
Honda profit forecast trails estimates on recalls, U.S. sales
Honda Motor Co. forecast profit that fell short of analyst estimates as the carmaker recovers from its worst vehicle recalls in decades.
BUSINESS / Companies
Apr 27, 2015
Writedowns put Japan's trading houses in tough spot
The country's top five trading houses have announced more than ¥570 billion in asset writedowns, or about half the net income the firms expect to report for last year. And that's probably not the end of it.
Japan Times
BUSINESS / Markets
Apr 27, 2015
Japanese companies using the weak yen to beat profit targets
If you're searching for Japanese companies likely to beat earnings forecasts this quarter, one good place to start is the currency assumptions.
BUSINESS / Companies
Apr 16, 2015
McDonald's Japan closing stores amid loss forecast
McDonald's Corp.'s Japan business forecast wider losses this year, announcing store closures and job cuts after sales suffered from food scandals.
Japan Times
BUSINESS / Companies
Feb 5, 2015
McDonald's Japan posts ¥22 billion loss after food woes
McDonald's Corp.'s Japan affiliate reported its first full-year loss in 11 years as the fast-food chain faced fallout from food scandals and after labor disputes at U.S. ports forced it to ration french fries.
Japan Times
BUSINESS / Companies
Feb 4, 2015
Toyota raises profit forecast as weak yen lifts earnings on SUVs
Toyota Motor Corp. raised its fiscal year profit forecast Wednesday as surging overseas sales of SUVs and the carmaker's production base in Japan make it one of the biggest beneficiaries of a weaker yen.
BUSINESS / Companies
Jan 29, 2015
Nomura surprises with profit surge on banking, asset management
Upending analysts' estimates for a decline, Nomura Holdings Inc.'s third-quarter profit surged unexpectedly, led by fees from investment banking and asset management.
BUSINESS / Companies
Jan 23, 2015
Sony's third-quarter results delayed by November cyberattack
Sony Corp. said Friday that it won't be able to issue its financial results for the October-December quarter because of the damage caused by last year's massive cyberattack on movie studio Sony Pictures Entertainment Inc.
Japan Times
BUSINESS / Companies
Jan 19, 2015
Ailing Sharp likely to slash profit forecasts
Sharp says it could lower its profit forecasts, given the weakening yen and fierce price competition in key products.
BUSINESS / Markets
Jan 14, 2015
Wall St. gains after two-day drop; tech shares rise
U.S. stocks rose on Tuesday after a two-day decline, helped by gains in technology shares.
BUSINESS / Economy / FOCUS
Jan 8, 2015
Big three brokerages paint rosy picture for Japan Inc. in 2015
Some market strategists say major Japanese companies are poised to gain momentum after a solid fiscal 2014 paved the way for reaping even greater windfall from a weaker yen and plunging global oil prices give an extra boost to business activity.
BUSINESS / Companies
Dec 17, 2014
Tepco's net income set to rise 19%
Tokyo Electric Power Co. said net income will rise 19 percent this fiscal year and that it will put off an increase in electricity rates in favor of more cost cuts.
BUSINESS
Nov 7, 2014
First-half profits of five major Japan banks expected to be down 10%
The overall first-half profits of Japan's five major banking groups is expected to be down about 10 percent from a year earlier, hurt by weaker loan demand amid slower economic growth in the country, sources close to the matter said Friday.
BUSINESS / Companies
Nov 7, 2014
NTT cuts profit forecast on slack cellphone business
Nippon Telegraph and Telephone Corp. said on Friday its group net profit dropped 10.3 percent to ¥290.33 billion in the first half of the fiscal year through September, compared to the same period a year earlier, dragged down by the slack mobile phone business.
BUSINESS / Companies
Nov 7, 2014
Profits at Japanese firms approach all-time high, but not everyone is smiling
Japanese companies are headed toward their highest profits ever, as the falling yen boosts exporters from Toyota Motor Corp. to Uniqlo-operator Fast Retailing Co.
BUSINESS / Companies
Nov 5, 2014
Nissan reports 25% rise in first-half net profit
Nissan Motor Co. has reported robust growth in its group net profit for the fiscal first half and is maintaining its full-year profit forecast despite lowering its projection for global sales on weaker performance in China.
BUSINESS / Companies
Oct 31, 2014
Sony posts wider first-half net loss on mobile phone slump
As its struggling mobile phone business bit into the bottom line, Sony Corp. on Friday reported a wider first-half group net loss of ¥109.1 billion.
Japan Times
BUSINESS / Companies
Oct 31, 2014
Sharp logs half-year net profit, first in four years
Sharp Corp. on Friday reported a group net profit of ¥4.74 billion in the April-September half, returning to the black on a half-year basis for the first time in four years as gains on securities sales helped offset the costs of restructuring its unprofitable European operations.
BUSINESS / Markets
Oct 31, 2014
Wall St. up on GDP, earnings; fund yearend lifts winners
U.S. stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports, including Visa, which accounted for nearly 140 points in the Dow industrials.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Saudi Arabia steps up Gaza-related arrests as Israel ties edge closer
The arrests for Gaza-related posts indicate Crown Prince Mohammed bin Salman’s regime will take a hard line against citizens not toeing the line when it comes to normalizing ties with Israel.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
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.

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