Tag - financial-results

 
 

FINANCIAL RESULTS

Japan Times
BUSINESS / Companies
Aug 5, 2020
Sharp eyes 2020 net profit doubled with supply chain recovery
Sharp Corp. said Wednesday it expects a 2.4-fold increase in net profit for the current business year through next March to ¥50 billion ($473 million) as its supply chains disrupted by the coronavirus pandemic return to normal.
Japan Times
BUSINESS
Aug 5, 2020
Honda expects 64% net profit fall in fiscal 2020, but sees gradual recovery
The automaker forecasts its operating profit in the year to drop 68.4 percent to u00a5200 billion, on estimated sales of u00a512.8 trillion, down 14.3 percent.
Japan Times
BUSINESS
Aug 4, 2020
Sony expects fiscal 2020 net profit to fall 12.4% over pandemic
Sony Corp. said Tuesday its fiscal 2020 net profit is expected to fall 12.4 percent from a year earlier to ¥510 billion ($4.8 billion), as the coronavirus pandemic has hit its image sensor and movie businesses.
Japan Times
BUSINESS / Companies
Jul 31, 2020
Mazda forecasts ¥90 billion net loss for full year as pandemic weakens demand
The automaker anticipates an u00a540 billion operating loss on sales of u00a52.85 trillion and has decided to ax dividends.
Japan Times
BUSINESS / Companies
Jul 31, 2020
Amazon plows through pandemic with record profits
The firm is one of the few to have kept operating during the pandemic, and has invested in COVID-19 business mitigation measures.
Japan Times
BUSINESS / Companies
Jul 30, 2020
Panasonic posts quarterly loss as pandemic hits sales hard
Panasonic Corp. said Thursday it incurred a net loss of ¥9.83 billion ($93 million) in the April to June quarter, its first red ink in nine years for the period, as the coronavirus pandemic dented sales in all segments, including automobile and aircraft equipment.
Japan Times
BUSINESS / Companies
Jul 30, 2020
Toyota likely the world's best-selling carmaker for January-June
Toyota alone globally produced 3.31 million units in the first half of 2020, down 28.6 percent from the previous year.
BUSINESS / Companies
Jul 28, 2020
Canon suffers first quarterly loss amid pandemic
Canon Inc. on Tuesday reported a group net loss of ¥8.8 billion for April to June due to the fallout from the coronavirus pandemic, suffering the first red figure on a quarterly basis since it started earnings disclosure in 2001.
Japan Times
BUSINESS / Companies
Jul 28, 2020
Nissan sees sharp sales and profit drop as business struggles
Nissan will shut three production lines and cut about 14,000 jobs globally, up from 12,500 announced a year ago.
Japan Times
BUSINESS / Companies
Jul 27, 2020
Nissan’s quarterly loss seen smaller on faster cost cuts
Like many other automakers, Nissan's revenue plummeted during the April-June period this year.
Japan Times
BUSINESS / Companies
Jul 20, 2020
Ex-Nissan boss Ghosn says Renault-Nissan financial results 'pathetic'
The low stock prices of the alliance partners are more a reflection of poor leadership than the COVID-19 pandemic, the fugitive ex-boss says.
BUSINESS / Companies
Jun 30, 2020
Japan Display posts net loss for sixth year on restructuring costs
Japan Display Inc. said Tuesday it posted a group net loss of ¥101.42 billion ($938 million) in fiscal 2019, a red ink figure for the sixth straight year, due to hefty restructuring costs and weak demand for products.
Japan Times
BUSINESS / Companies
Jun 29, 2020
Toyota's global output plunged record 54.4% in May amid pandemic
Japan's biggest automaker also said its global sales fell 31.8 percent to 576,508 vehicles in the reporting month.
Japan Times
BUSINESS / Companies
Jun 22, 2020
Toyota's output to recover to 10% drop in July, beating projections
Toyota Motor Corp. said Monday its domestic production volume in July is expected to recover from what is projected for June, thanks to the resumption of economic activities in Japan following the end of national state of emergency over the novel coronavirus.
Japan Times
BUSINESS
Jun 22, 2020
May convenience store sales fall 10% amid virus impact
Convenience store sales in May fell 10 percent from a year earlier, marking a third month of decline, affected by stay-at-home requests issued across Japan following the emergence of the coronavirus, an industry body said Monday.
Japan Times
BUSINESS
Jun 9, 2020
Robust sales in China keep Uniqlo owner Fast Retailing on top amid pandemic
With much of Asia having subdued the spread of COVID-19, Fast Retailing is seeing trade return to its Uniqlo stores.
Japan Times
BUSINESS / Economy
Jun 1, 2020
Virus takes toll as major Japanese department stores' sales plummet in May
Major Japanese department store operators said Monday their sales in May dived over 60 percent from year-earlier levels as many of their outlets shut or reduced business hours under a nationwide state of emergency over the novel coronavirus.
Japan Times
BUSINESS / Economy
Jun 1, 2020
Japan's corporate profits log biggest fall since 2009 as pandemic takes toll
In the nonmanufacturing sector, the service sector such as accommodation led the decline as people refrained from nonessential outings amid the virus spread.
Japan Times
BUSINESS / Companies
May 28, 2020
Toyota's global output drops 50% in April on year due to virus outbreak
Toyota Motor Corp. said Thursday its global production plunged 50.8 percent in April from a year earlier, to 379,093 vehicles, as the novel coronavirus outbreak dented demand and suspended output around the world.
Japan Times
BUSINESS / Companies
May 20, 2020
Japan's April convenience store sales log record drop amid pandemic
The number of customers plunged for a second straight month to 1.13 billion, down 18.4 percent from a year earlier.

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