Business May 25, 2021
Semiconductor-related businesses in Japan are enjoying robust earnings thanks to growth in demand associated with the global wave of digitalization. Some logged record profits for their latest business years, while automakers in and outside the country are being forced to reduce vehicle output due to ...
Business May 21, 2021
Convenience store sales in Japan up 6.6% year-on-year in April
The number of shoppers rose for the first time in 14 months, by 7.8% to 1.24 billion.
Business / Corporate May 15, 2021
Alibaba vows to hike spending after first loss since 2012
by Coco Liu
Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by Beijing.
Business May 14, 2021
Honda Motor Co. on Friday forecast a 10.3% drop in net profit to ¥590 billion ($5.4 billion) in the current business year through next March amid uncertainty over semiconductor supplies and surging material costs. Honda's cautious outlook came after record car sales in China and ...
Business / Corporate May 13, 2021
SoftBank tumbles after record profit fails to impress
by Pavel Alpeyev and Takahiko Hyuga
Investors are skittish about whether SoftBank will keep buying back its own stock after completing a ¥2.5 trillion allotment for repurchases.
Business / Corporate May 12, 2021
Toyota beats forecast amid pandemic and projects further growth
by Kazuaki Nagata
The firm also revealed a projection that about 80% of new car sales by 2030 will be electric vehicles, including hybrids, reflecting its efforts to curb greenhouse gas emissions.
Business / Corporate May 11, 2021
Itochu becomes top-earning Japan trader for first time in five years
Itochu posted a net profit of ¥401.4 billion in the latest reporting year although the figure was down 19.9% from the preceding year.
Business / Corporate May 11, 2021
Panasonic expects EV battery business to push profits up in fiscal 2021
by Noriyuki Suzuki
The firm has forecast sales to increase 4.5% to ¥7 trillion, with net profit rising to 27.2% to ¥210 billion.
Business / Corporate May 7, 2021
JAL reports first net loss since 2012 relisting as pandemic bites
JAL, which has been undergoing cost-cutting to ride out the COVID-19 crisis, did not disclose earnings forecasts for the current year through next March, citing uncertainty.