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August 08, 2025
 

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FINANCIAL RESULTS

Toyota Motor vehicles displayed for sale at one of the company's dealerships in Tokyo. The carmaker reported operating income of ¥1.17 trillion in the first quarter, down 11% from a year earlier.
BUSINESS / Companies
Aug 7, 2025
Toyota braces for ¥1.4 trillion dent in operating income under U.S. tariffs
The carmaker reported operating income of ¥1.17 trillion in the first quarter, down 11% from a year earlier, with a tariff impact of ¥450 billion.
Sony’s music unit has grown to be a reliable pillar of the group, bringing in a steady flow of revenue as opposed to the company’s more prominent consumer electronics, PlayStation and image sensors.
BUSINESS / Companies
Aug 7, 2025
Sony lifts outlook on entertainment demand despite tariff threat
The company now expects its operating profit for the year ending March to reach a total of ¥1.33 trillion, compared with a previous forecast of ¥1.28 trillion.
Airbnb's second-quarter net income was $642 million, beating analyst expectations.
BUSINESS / Tech
Aug 7, 2025
Airbnb warns of slowing growth despite strong Q2 earnings
Results were surprisingly strong in the second half of last year, as travelers ultimately booked trips that they had delayed, which could make for tough comparisons.
Honda said its net profit halved in the first quarter because of U.S. tariffs, but upgraded its annual profit forecast after Tokyo finally hammered out a trade deal with Washington.
BUSINESS / Companies
Aug 6, 2025
Honda raises annual profit guidance despite U.S. tariff impact
The upward revision to operating profit was because of the tariff level and foreign exchange outlook, according to Honda.
Mazda Motor posted a consolidated net loss of ¥42.1 billion ($286 million) for the three months to June, its first loss in the fiscal first quarter since 2020.
BUSINESS / Companies
Aug 6, 2025
Mazda swings to net loss in April-June
The automaker posted a consolidated net loss of ¥42.1 billion for the period as a result of steep U.S. tariffs and a stronger yen.
Net income at JPMorgan Chase & Co. in Japan more than doubled in the year ended March 31, reflecting a jump in merger advisory and underwriting business.
BUSINESS / Companies
Aug 6, 2025
JPMorgan leads foreign banks for Japan earnings amid dealmaking spree
Japanese companies have stepped up acquisitions as well as sales of noncore units in recent years, providing more opportunities for investment banks.
Japan's three megabank groups have estimated that the tariffs imposed by the administration of U.S. President Donald Trump could cut their fiscal 2025 profits by around ¥80 billion ($544 billion) to ¥110 billion.
BUSINESS / Companies
Aug 5, 2025
Japan's five largest banking groups post 2.7% profit gains for April-June
The increase is partly due to growth in profits from the banking groups' lending operations reflecting the Bank of Japan's interest rate hikes.
An auto dealership in Yamato, Kanagawa Prefecture
BUSINESS
Aug 2, 2025
Japan's new auto sales log first fall in seven months
The drop included declines of over 10% for Nissan and Honda.
The Nippon Steel logo is displayed at the company's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, in May.
BUSINESS / Companies
Aug 2, 2025
Nippon Steel swings into quarterly loss
The Japanese steelmaker said Friday that it had posted a consolidated net loss of ¥195.8 billion for the fiscal first quarter, against the year-before profit of ¥157.5 billion.
Nintendo said its quarterly revenue had more than doubled year-on-year thanks to the Switch 2, which became the world's fastest-selling console after its launch in June.
BUSINESS / Companies
Aug 1, 2025
Nintendo keeps Switch 2 forecast unchanged despite hot start
The Kyoto-based company said on Friday that it still expects to sell 15 million units of its next-generation hardware by March, maintaining a conservative view.
Tokyo Electron is seeing slower-than-expected recovery in demand from producers of logic chips.
BUSINESS / Companies
Aug 1, 2025
Tokyo Electron cuts outlook on canceled logic chip tool orders
The Tokyo-based company now sees operating income of ¥570 billion in the year to March, down from a previous forecast of ¥727 billion.
Fuji Media Holdings announced Thursday that it expects a consolidated operating loss of ¥12 billion for fiscal 2025, which would mark its first full-year loss since becoming a holding company in 2008.
BUSINESS / Companies
Aug 1, 2025
Fuji Media expects first annual operating loss since 2008
It expects a consolidated operating loss of ¥12 billion for the fiscal year ending March 2026 on a slower-than-expected recovery in advertising revenue.
Mizuho Financial Group now expects net income to reach a record ¥1.02 trillion ($6.9 billion) in the year ending March 31, up from ¥940 billion projected earlier, it said Thursday.
BUSINESS / Companies
Jul 31, 2025
Mizuho and Sumitomo see strong results as Japan banks beat estimates
Japan’s three biggest banks in May predicted another year of record profits, even as the nation’s export-driven economy was at risk from U.S. tariff threats.
New vehicles for sale at a Toyota dealership in California
BUSINESS / Companies
Jul 30, 2025
Toyota logs record global sales despite Trump tariff turmoil
The carmaker’s sales were bolstered by a last-minute rush from customers to lock-in purchases before U.S. President Donald Trump’s threatened 25% tariff on car imports.
Intel says it "will no longer move forward" with projects in Germany and Poland as part of a push to save billions of dollars.
BUSINESS / Companies
Jul 25, 2025
Intel posts higher revenue after trimming workforce
The U.S. chipmaker said it "will no longer move forward" with projects in Germany and Poland as part of measures to save billions of dollars.
As U.S. tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from levies.
BUSINESS / Markets
Jul 24, 2025
Firms in Japan likely to log lower profits amid tariff and political uncertainty
While tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from the levies.
Mizuho CEO Masahiro Kihara is interviewed in London on Monday.
BUSINESS / Companies
Jul 15, 2025
Mizuho CEO confident of meeting ¥1 trillion profit target
Japan’s third-largest lender forecast in May that net income will likely climb 6.1% to ¥940 billion in the fiscal year started in April.
FamilyMart's operating profit grew 17.9% from a year before to ¥27.8 billion, as advertisements featuring Los Angeles Dodgers star Shohei Ohtani helped attract more customers and boost sales of onigiri rice balls.
BUSINESS
Jul 14, 2025
Three convenience store operators log profit growth from March to May
FamilyMart attracted budget-minded consumers thanks to its discount sales of food items such as eggs and milk while Lawson's new bread products captured demand.
A Uniqlo store in Shanghai. Fast Retailing, Uniqlo's owner, reported weak sales in China that weighted on its third-quarter earnings, which missed estimates.
BUSINESS / Companies
Jul 10, 2025
Uniqlo owner misses earnings estimates on weak China sales
Fast Retailing's operating profit in the three months ended May was ¥146.7 billion, which trails a ¥150 billion average of analyst estimates.
Samsung, South Korea’s largest company, reported preliminary operating profit of 4.6 trillion won ($3.3 billion) in the June quarter, a roughly 56% drop from a year ago.
BUSINESS / Tech
Jul 8, 2025
Samsung profit halves amid delays to certification for advanced AI chips
The company has yet to secure certification from Nvidia for its most advanced product, creating an unusually long lead time for rivals in the highly lucrative space.
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
Trump: The $550 billion pledged by Japan is 'our money'
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
U.S. President Donald Trump speaks at the White House on Wednesday.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.
Fuji Rock's weekend of surprises was one of its best yet
Radwimps lead singer Yojiro Noda threw himself into the rock band’s Green Stage performance ahead of headliner Vampire Weekend.
How Trump is gaslighting on climate change — with Japan’s help
The Bishu Maru LNG tanker, owned by Kawasaki Kisen Kaisha, next to the Freeport LNG terminal in Texas

Podcast

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Longform

A mushroom cloud from the atomic bombing on Hiroshima taken from a U.S. military aircraft on Aug. 6, 1945. Copying the photo without permission is prohibited.
80 years on, a Japanese American hibakusha recalls the day the bomb dropped
By Elizabeth Beattie

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