Business Sep 10, 2020

Major Japanese beer makers' sales down in August

Four major Japanese beer makers separately said Thursday that their sales of beer and quasi-beer products in August fell from a year earlier, against the backdrop of the coronavirus pandemic. Sales in volume terms were down 18 percent at Sapporo Breweries Ltd., 12 percent at ...

Business Aug 18, 2020

Many major Japanese firms post quarterly losses

Over 30 percent of the nation's companies listed on the first section of the Tokyo Stock Exchange suffered net losses in April to June due to the coronavirus outbreak, according to a tally by SMBC Nikko Securities Inc. Of the 1,313 nonfinancial companies closing books ...

Pandemic and stay-home gamers help Nintendo's profit to surge

Business Aug 6, 2020

Pandemic and stay-home gamers help Nintendo's profit to surge

Nintendo Co. said Thursday its net profit for April to June soared to ¥106.48 billion ($1 billion), a 6.4-fold rise from a year earlier, as the coronavirus pandemic and subsequent stay-home requests spurred demand for its Switch console and software. The video game maker booked ...