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August 29, 2025
 

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FINANCIAL RESULTS

A Toyota dealership in Tokyo. Toyota’s worldwide sales rose 4% from a year earlier to 963,796 units, the company said Thursday.
BUSINESS / Companies
Aug 28, 2025
Toyota’s record run of sales extends to a seventh month
Toyota and Lexus brand sales in North America were particularly strong, with demand for trucks, SUVs and gas-electric hybrid models leading to a 20% jump.
The decline in department store sales was partly because the number of shoppers from abroad plunged 16.7% to 476,000 to slip below 500,000 for the first time in 10 months.
BUSINESS
Aug 25, 2025
Department store sales down 6.2% in July
The decline was partly because the number of shoppers from abroad plunged 16.7% to 476,000 to slip below 500,000 for the first time in 10 months.
Toyota Motor Land Cruisers are parked, bound for shipment, at the Port of Nagoya in Tokai, Aichi Prefecture, in April.
BUSINESS / Companies
Aug 16, 2025
Listed Japan firms log 11% quarterly profit drop
The decreases comes as tariffs imposed by U.S. President Donald Trump weighed heavily on automakers.
The Dentsu Group headquarters building in Tokyo. The company now expects to incur an operating loss of ¥3.5 billion this year, compared with a previous forecast of ¥66 billion in operating profit.
BUSINESS / Companies
Aug 14, 2025
Dentsu plans to cut overseas workforce by about 3,400 to trim costs
The advertising agency expects to incur an operating loss of ¥3.5 billion this year, compared with a previous forecast of ¥66 billion in operating profit.
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.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
Koshien’s dark summer forces reckoning for high school baseball
Koryo High School players greet their cheering section after beating Hokkaido’s Asahikawa Shiho in the first round of Summer Koshien on Aug. 7. The school withdrew three days later as a bullying scandal enveloped the team.
Akazawa's trip to Washington for tariff talks abruptly canceled
Ryosei Akazawa, Japan's chief tariff negotiator, had been set to fly to Washington on Thursday.
Confusion over Japan’s ‘hometown’ plan overshadows African development event
First Lady Yoshiko Ishiba (center, in white and blue dress) hosts an event on Japanese culture with the first ladies of African leaders on the sidelines of the Tokyo International Conference on African Development in Yokohama on Aug. 21.
Mitsubishi’s wind-power retreat a blow to Japan's alternative-energy goals
Wind turbines in the town of Happo in Akita prefecture. Wind power is a key part of Japan's alternative energy drive.
Mitsubishi’s wind-power retreat a blow to Japan's alternative-energy goals
Wind turbines in the town of Happo in Akita prefecture. Wind power is a key part of Japan's alternative energy drive.
Virtual singer Kaf's music becomes magic in 'Kamitsubaki City Under Construction'
Virtual singer Kaf got her start in 2018 by posting songs and covers to YouTube. Now, after having performed live shows at major venues including Tokyo’s Nippon Budokan, she is turning to voice acting and starring in the new anime series “Kamitsubaki City Under Construction.”
Can anime carry the memories of World War II?
Many schools in Japan show "Grave of the Fireflies" as educational material to tell the emotionally grueling story of a boy who has no means to prevent his sister from starving to death.
Koshien’s dark summer forces reckoning for high school baseball
Koryo High School players greet their cheering section after beating Hokkaido’s Asahikawa Shiho in the first round of Summer Koshien on Aug. 7. The school withdrew three days later as a bullying scandal enveloped the team.
Is Kishida plotting a return of the king? Or would he rather stay a kingmaker?
Former Prime Minister Fumio Kishida chairs a plenary session at the Ninth Tokyo International Conference on African Development in Yokohama on Aug. 21.

Podcast

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By Alex K.T. Martin

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