Tag - financial-results

 
 

FINANCIAL RESULTS

Japan Times
BUSINESS / Companies
Nov 6, 2017
Subaru cuts profit outlook as it tackles scandal over invalid vehicle inspections
Subaru Corp. on Monday revised downward its full-year group earnings forecast for the business year through next March as the carmaker moves to grapple with its decades-old faulty product inspections.
Japan Times
BUSINESS / Companies
Oct 30, 2017
Nintendo sales jumped 2.7-fold in April-September on robust Switch demand
Nintendo Co. is reporting a 2.7-fold year-on-year increase in consolidated sales in the six months through September on brisk demand for the Switch game console and related software titles.
BUSINESS
Sep 24, 2017
Probe Toshiba's latest results for misstatements, SESC staffers urge
Members of the Securities and Exchange Surveillance Commission are calling for an investigation to be opened into Toshiba Corp.'s fiscal 2016 results, claiming they contain significant misstatements, sources close to the matter said Saturday.
Japan Times
BUSINESS / Markets
Aug 23, 2017
Thinking the unthinkable: Japan's stocks slip free of yen's grip
It's still early, but there are signs Japan's equity market is approaching escape velocity when it comes to a force that has entranced it for years.
Japan Times
BUSINESS / Companies
Aug 10, 2017
Toshiba ducks delisting by submitting long overdue financial report
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 Times
BUSINESS / Companies
Aug 9, 2017
Japan Display to cut 3,700 jobs on first-quarter loss
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.
Japan Times
BUSINESS / Companies
Jul 26, 2017
Nintendo returns to profit in April-June quarter fueled by strong Switch sales
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 and games.
Japan Times
BUSINESS / Companies
Jul 21, 2017
Toshiba to book ¥40 billion special profit from sale of stake in Swiss unit
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.
Japan Times
BUSINESS / Companies
Jun 23, 2017
Toshiba asks regulators for extension on annual statement deadline to Aug. 10
Beleaguered Toshiba requests yet another deadline extension for its annual earnings report, increasing its chances of being delisted.
Japan Times
BUSINESS / Companies
Jun 12, 2017
Fujifilm uncovers accounting discrepancies at Australian unit
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.
BUSINESS / Companies
May 31, 2017
Toshiba unable to issue fiscal 2016 earnings report at shareholders meeting
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.
Japan Times
BUSINESS / Companies
May 23, 2017
Sony about to get its groove back, CEO Kazuo Hirai says
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.
Japan Times
BUSINESS / Companies
May 15, 2017
Japan Post logs ¥29 billion net loss; first since privatization
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.
Japan Times
BUSINESS / Companies
May 10, 2017
Toyota's profits decline on stronger yen, political instability
Toyota Motor Corp. said Wednesday its net profit declined for the first time in five years in a downward trend it expects to continue in the near future.
BUSINESS / Companies
May 10, 2017
Recall woes put Takata in red for third straight year
Struggling air bag maker Takata Corp. reported Wednesday a group net loss of ¥79.59 billion ($698.88 million) for the business year that ended March 31 — its third straight year in the red — against a backdrop of recall-related costs.
Japan Times
BUSINESS / Companies
May 2, 2017
Western Digital earnings show value and risk of SanDisk purchase
Western Digital Corp.'s earnings showed the value of its SanDisk acquisition and how much it has to lose if a partnership with Toshiba Corp. is disrupted by the desperation sale of the Japanese company's chip unit.
Japan Times
BUSINESS / Companies
Apr 21, 2017
Fujifilm to delay earnings release amid accounting probe into transactions by overseas unit
Fujifilm Holdings Corp. said Thursday it will postpone the release of earnings reports for the business year ended in March after it discovered about ¥22 billion ($201.7 million) in net profits may have been incorrectly declared over the past several years.
EDITORIALS
Apr 14, 2017
Toshiba's bid for survival
Unless Toshiba identifies and addresses the root causes of its management woes, its future may not be guaranteed even if it survives the current crisis.
Japan Times
BUSINESS / Companies
Mar 31, 2017
Hon Hai posts surprise profit rise after record iPhone sales
Hon Hai Precision Industry Co. reported an unexpected rise in quarterly earnings after the main assembler of Apple Inc.'s devices rode record iPhone sales during the pivotal holiday shopping period.
BUSINESS / Companies
Feb 15, 2017
Dentsu to launch work reform panel over employee suicide; profits projected to drop
Advertising giant Dentsu Inc. will set up an independent committee to oversee working environment reforms in the wake of public uproar sparked by the death of a young employee who committed suicide due to overwork.

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