Business / Corporate Feb 16, 2021
Ad giant Dentsu sees record net loss as revenue falls amid pandemic
The annual loss almost doubled from ¥80.89 billion in fiscal 2019 after Dentsu had to record an impairment loss related to its overseas business.
Business / Corporate Feb 10, 2021
Toyota hikes full-year outlook as third-quarter net profit soars
The pandemic has taken a heavy toll on the global auto sector but demand recovered swiftly in the second half of last year.
Business / Corporate Feb 10, 2021
Four JR firms log record net losses in April-December period
The spread of working from home and the reduced opportunities of business trips around the country hurt shinkansen services as well as conventional train services.
Business / Corporate Feb 9, 2021
Honda raises full-year profit outlook despite auto chip shortage
The automaker is targeting an operating profit of ¥520 billion for the 12 months through March, compared with a prior forecast for ¥420 billion.
Business / Corporate Feb 9, 2021
Nissan trims full-year loss outlook as virus-hit sales recover
by River Davis and Tsuyoshi Inajima
Japan’s second-largest carmaker is now forecasting a net loss of ¥530 billion for the fiscal year through March, narrower than previous expectations of ¥615 billion.
Business / Corporate Feb 9, 2021
SoftBank’s Vision Fund posts record $8 billion profit on IPO boom
by Pavel Alpeyev
A global rally in technology shares has boosted the value of SoftBank’s stakes in publicly traded firms like Uber Technologies Inc.
Business / Corporate Feb 9, 2021
SoftBank Group net profit soars to ¥1.17 trillion in third quarter
Net profit was more than 21 times higher than the ¥55 billion reported a year earlier, the conglomerate said.
Business Feb 6, 2021
Japan's three major mobile carriers log higher operating profits
Thanks to the growing prevalence of remote work, all three major Japanese mobile phone carriers saw their consolidated operating profits increase year on year in April-December 2020, according to their earnings reports. The rosy results were backed by brisk earnings from services for corporate clients ...
Business / Corporate Feb 2, 2021
Panasonic lifts fiscal 2020 profit forecasts on strong demand
The figure, revised upward from the company's earlier estimate of ¥100 billion in net profit, would still mean a 33.5% drop from a year earlier.
Business / Corporate Feb 1, 2021
Japan Airlines’ outlook worsens after quarter misses estimates
by Shiho Takezawa
The nation’s flag carrier is now forecasting a net loss of ¥300 billion for the 12 months ending March 31.