Tag - financial-results

 
 

FINANCIAL RESULTS

Japan Times
BUSINESS / Companies
May 14, 2019
Nissan projects weakest profit in a decade as Carlos Ghosn woes linger
Nissan Motor Co., trying to rebuild its tarnished reputation over failed corporate governance following the criminal investigation of two former executives, cut its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade.
Japan Times
BUSINESS / Companies
May 13, 2019
Nissan pushes back on Renault's renewed efforts to merge
Nissan Motor Co. is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won't help turn it around, according to a source with knowledge of the discussions.
Japan Times
BUSINESS / Companies / ANALYSIS
May 12, 2019
Carlos Ghosn's successor, Hiroto Saikawa, under siege from within as Nissan profit sinks
Nissan chief Hiroto Saikawa finds himself under pressure from several angles, including a drop in company profits and slumping U.S. sales.
Japan Times
BUSINESS / Companies
May 10, 2019
Subaru reveals annual profit halved in fiscal 2018, releases earnings early by mistake
Subaru Corp. said Friday its operating profit for the past year has halved after it suffered a string of setbacks including production delays and mounting recalls.
Japan Times
BUSINESS / Companies
May 10, 2019
Major engineering firm Chiyoda announces ¥180 billion bailout from Mitsubishi and MUFG Bank
Chiyoda Corp., one of the world's leading builders of liquefied natural gas plants, said Thursday it will receive a total of ¥180 billion from trading house Mitsubishi Corp. and MUFG Bank to turn around its finances.
Japan Times
BUSINESS / Companies
May 9, 2019
SoftBank Group net profit grew by third to ¥1.41 trillion in fiscal 2018 as Vision Fund bets paid off
The fund has invested in 69 companies, including U.S. ride-hailing giant Uber Technologies Inc. and Indian hotel operator Oyo Hotels & Homes.
Japan Times
BUSINESS / Companies
May 8, 2019
Toyota's annual sales top ¥30 trillion, a first for a Japanese firm
Toyota Motor Corp. became the first Japanese company to report annual sales topping u00a530 trillion, thanks in large part to brisk sales in China.
Japan Times
BUSINESS / Companies
Apr 26, 2019
Sony posts record net profit for second straight year on solid game and music sales
Sony Corp. said Friday it posted a record net profit in the business year ended in March for the second consecutive year, lifted by strong sales of games and music.
Japan Times
BUSINESS / Companies
Apr 12, 2019
Suzuki to log ¥80 billion loss over recall of 2 million cars
Suzuki Motor Corp. said Friday it will book a special loss of around ¥80 billion ($714 million) for the business year ended last month over a recall of 2 million vehicles affected by improper product inspections.
Japan Times
BUSINESS / Companies
Apr 12, 2019
Fast Retailing cuts profit estimate as slowing Uniqlo sales in Japan offset brisk business abroad
Fast Retailing Co. said the brisk performance of its Uniqlo casual clothing brand in overseas markets helped lift the group's profits in its first half, but the firm also downgraded full-year estimates due to slowing sales at home.
BUSINESS
Mar 1, 2019
Japanese business spending rose 5.7% in October-December quarter from 2017
Capital spending by Japanese companies rose 5.7 percent in the October-December quarter from a year earlier, government data showed Friday.
BUSINESS
Mar 1, 2019
Japan sees first fall in corporate profits in over two years due to weak China demand and high material costs
Corporate profits in Japan were down for the first time in 2½ years in the fourth quarter of 2018 amid falling demand from China and rising costs, government data showed Friday.
Japan Times
BUSINESS / Companies
Feb 13, 2019
Toshiba cuts fiscal 2018 profit outlook on sluggish semiconductor sector
Toshiba Corp. on Wednesday sharply downgraded its group operating profit forecast for the fiscal year through March, due mainly to losses and additional costs stemming from its semiconductor manufacturing equipment and energy businesses.
BUSINESS / Companies
Feb 11, 2019
Toshiba to cut operating profit forecast by half, Nikkei says
Toshiba Corp. is preparing to cut its full-year profit forecast by at least half, hurt in part by higher expenses in its energy business, the Nikkei business daily reported, without saying where its information originated.
Japan Times
BUSINESS / Companies
Feb 7, 2019
Subaru cuts fiscal 2018 earnings forecast after plant shutdown due to power-steering defect
Subaru Corp. said Thursday it had revised downward its full-year group earnings forecast for the current business year, which runs through March, amid declining production and sales, after it temporarily shut down a factory over a power-steering defect on certain models.
Japan Times
BUSINESS / Companies
Feb 6, 2019
SoftBank Group reports 62% jump in operating profit, rising to record high
SoftBank Group Corp. on Wednesday reported robust earnings for the April-December period, crediting positive returns on investments in other businesses and ventures.
Japan Times
BUSINESS / Companies
Feb 1, 2019
Hitachi sees net profit fall due to halting of U.K. nuclear project
Hitachi Ltd. on Friday reported a 68 percent decline in group net profit in the April-December period from a year earlier, with the firm primarily attributing the fall to its subsidiary’s suspension of a nuclear power plant project in the United Kingdom.
BUSINESS / Companies
Jan 30, 2019
Sharp cuts fiscal 2018 sales outlook to ¥2.5 trillion due to China-U.S. trade war
Sharp Corp. on Wednesday slashed its group sales outlook for the current business year ending in March to ¥2.50 trillion ($24.6 billion) from a previously estimated ¥2.69 trillion to reflect the possible negative effects of the prolonged U.S.-China trade dispute.
Japan Times
BUSINESS / Companies
Oct 31, 2018
Panasonic's net profit for April-September period fell 4.5% from year earlier amid slowdown in China
Panasonic Corp. said Wednesday its group net profit in the six months to September fell 4.5 percent from a year earlier, citing weakening investment in China and sluggish sales of consumer electronics.
Japan Times
BUSINESS
Oct 31, 2018
Amazon dealt $250 billion blow from market jitters and earnings confusion
Fears of a prolonged market downturn, slowing international sales, stepped-up competition in the U.S. and flat-out confusion about how Amazon.com Inc. makes money are all reasons behind the company's dizzying 25 percent drop in value from its September high.

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