Struggling Toshiba Corp. dodged delisting Thursday by submitting its annual business report for 2016 just before deadline, accompanied by a shaky sign-off from its auditor.
Japan Display Inc. on Wednesday reported a group net loss in the April to June quarter for the fourth straight year, announcing fresh restructuring measures including slashing some 3,700 jobs, mainly overseas. The liquid crystal display panel maker reported a net loss of ¥31.46 billion ...
Electronics and entertainment giant Sony said Tuesday its net profit nearly quadrupled in the three months to June, backed by brisk sales of smartphone components and cameras and solid revenue from its game business. The company posted a quarterly net profit of ¥80.87 billion ($730 ...
Improved sales and cost cuts helped automaker Honda Motor Co. shrug off lingering troubles from the Takata air bag recalls to log a nearly 19 percent improvement in its fiscal first-quarter profit. Tokyo-based Honda, which makes the Fit subcompact, Accord sedan and Asimo robot, on ...
Nintendo Co. said Wednesday it posted a group net profit of ¥21.26 billion ($190 million) for the three-month period that ended in June, a turnaround from a ¥24.53 billion loss a year earlier, on the back of solid sales of its Switch game console ...
Toshiba Corp. said Friday it plans to book a special profit of roughly ¥40 billion ($357 million) in the business year to March from the sale of its Swiss subsidiary's shares, part of its effort to raise cash for its looming restructuring plans. The embattled ...
Uniqlo's parent company said Thursday its nine-month net profit soared nearly 70 percent from a year earlier on robust sales and as a cheaper yen inflated the value of its overseas assets. Fast Retailing's net profit came in at ¥120 billion ($1 billion) in the ...
Beleaguered Toshiba requests yet another deadline extension for its annual earnings report, increasing its chances of being delisted.
Fujifilm Holdings Corp. said Monday an independent panel investigating accounting for its overseas operations found irregularities at an Australian subsidiary in addition to those already found at a New Zealand unit. The maker of camera equipment, cosmetics and medical supplies said losses from incorrect treatment ...
Toshiba said Wednesday it will not be able to release its fiscal 2016 earnings report at its shareholders meeting next month, as the prospect of a timely filing of its financial statement with regulators by the end of June grows dimmer by the day. Struggling ...
After five years of restructuring by Sony Corp., Chief Executive Officer Kazuo Hirai said Tuesday he is confident the once-dominant electronics giant will see an operating profit of ¥500 billion, the largest in two decades, in the current business year. "Achieving such a high goal ...
Japan Post Holdings Co. logged a group net loss of ¥28.98 billion for fiscal 2016, its first red ink since its privatization in 2007, due to a massive write-down of its Australian logistics arm. The postal and financial services provider said Monday it booked a ...
