Business / Corporate Oct 30, 2021
Travel agency H.I.S. expects record ¥53 billion loss amid pandemic
The Japanese firm's latest result follows the ¥25 billion loss it made in the previous fiscal year.
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 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.
Business / Corporate May 6, 2021
Nintendo warns chip crunch may hit Switch amid gaming boom
by Takashi Mochizuki and Debby Wu
Nintendo’s better-than-expected results, released Thursday, suggest the COVID-19-era growth in gaming that turned Animal Crossing into the world’s online town hall has legs.
Business / Corporate Apr 30, 2021
Japan's ANA forecasts return to profit hoping vaccines will revive air travel
For the 12 months to March 2022, ANA forecast operating profit of ¥28 billion after a ¥464.7 billion loss in the last business year.
Business / Corporate Apr 28, 2021
Sony plans $1.8 billion buyback as profit misses estimates
by Vlad Savov and Takashi Mochizuki
Sony’s shares have surged since a trough in March 2020, propelled by the increase in gaming and mobile activity.