Tag - financial-results



BUSINESS / Companies
Apr 27, 2016
Nomura suffers net loss in fourth quarter, first in red since 2011
Nomura Holdings Inc., Japan's biggest brokerage, said it slid to its first quarterly net loss since 2011 as its wholesale division fell into the red, its retail division weakened and its overseas operations lost money for a sixth straight year.
BUSINESS / Companies
Mar 24, 2016
Trading giant Mitsubishi projects first net loss since founding
Mitsubishi Corp., the nation's largest trading house, expects a net loss of ¥150 billion in fiscal 2015 — its first loss since it was established in 1954 and a setback from the ¥400.5 billion in net income logged the previous year.
Japan Times
BUSINESS / Companies
Mar 17, 2016
Toshiba probe stretches to U.S. as Westinghouse accounting comes under scrutiny
Toshiba Corp. is under investigation by the United States over allegations that it hid $1.3 billion (¥146 billion) in losses at its nuclear power operations, according to two people familiar with the matter.
BUSINESS / Companies
Jan 29, 2016
Mitsui O.S.K. expects to sink into red ink for business 2015
Shipping giant Mitsui O.S.K. Lines Ltd. said Friday it will fall into the red in the business year ending in March after incurring huge restructuring costs amid deteriorating profitability on sluggish demand linked to China's economic slowdown.
BUSINESS / Companies
Nov 11, 2015
Sumitomo Mitsui Construction says it cannot estimate earnings impact of scandal
Sumitomo Mitsui Construction Co. said Wednesday it cannot estimate the impact on future earnings of a scandal that began with falsified data for pilings of a now-tilting condominium building.
Japan Times
BUSINESS / Companies
Nov 6, 2015
Asahi Kasei cuts profit target, says piles scandal hard to cost
Construction subcontractor Asahi Kasei Corp. lowered its annual forecast by 14 percent on Friday, but said the figure excludes a probe into its work on building foundations.
BUSINESS / Companies
Oct 29, 2015
Tepco second-quarter profit slides amid lower electricity use
Tokyo Electric Power Co., the operator of the Fukushima No. 1 nuclear power plant, reported a 26 percent decline in second-quarter operating profit due to fuel-price adjustments, as its users consumed less energy.
BUSINESS / Companies
Oct 26, 2015
Sharp slashes operating profit forecast on slumping demand in China
Sharp Corp. lowered its operating profit forecast on slumping demand for smartphone displays in China and said it will not forecast net income until the results of reforms are clearer.
Japan Times
BUSINESS / Companies
Sep 18, 2015
Pressure to show a profit led to Toshiba's accounting scandal
Manufacturing giant Toshiba Corp.'s president and seven other directors were forced to resign when an investigation revealed in July that the firm had doctored the books and had padded its profits over the past seven years to the tune of hundreds of billions of yen.
BUSINESS / Companies
Sep 14, 2015
Toshiba logs first-quarter net loss; sales at lowest since December 2012
Toshiba Corp. posted a net loss for the first quarter as sales of televisions and personal computers slumped and profit fell at its division that makes chips.
Japan Times
BUSINESS / Companies
Sep 1, 2015
Toshiba probing 10 new accounting issues, including at U.S. unit
Toshiba Corp. has uncovered 10 new cases of accounting problems, including at a U.S. unit, prompting it to miss a regulator's deadline for submission of its fiscal 2014 earnings release.
Japan Times
BUSINESS / Companies
Aug 18, 2015
Toshiba to report red ink for 2014 after accounting scandal
Toshiba says it is likely to have fallen into the red in the business year that ended March due to losses and a reduction in asset values resulting from its correction of past earnings.
Japan Times
BUSINESS / Companies
Aug 13, 2015
Toshiba may book ¥100 billion loss in fiscal 2014 amid accounting scandal
Toshiba Corp. may book a loss of over ¥100 billion for the business year through March 2015 as it grapples with a sweeping accounting scandal, sources familiar with the matter said Wednesday.
BUSINESS / Companies
Aug 7, 2015
Sumitomo Metal Mining cuts profit target as China demand slows
Sumitomo Metal Mining Co., the largest domestic nickel producer, cut its first-half profit forecast as China's slower demand weakens commodity prices more than anticipated, the company said in a statement Friday.
Jul 27, 2015
Japan banks likely to report gains in fees, overseas lending: analysts
Mitsubishi UFJ Financial Group Inc. probably led a slight increase in first-quarter profit at Japan's biggest banks as gains in fee income and overseas lending made up for shrinking loan profitability at home.
Japan Times
BUSINESS / Companies
Jul 4, 2015
Toshiba's accounting scandal nearly triples to ¥150 billion: source
The magnitude of Toshiba's accounting scandal nearly triples as sources reveal that group operating profit was likely overstated by u00a5150 billion over five years.
Japan Times
BUSINESS / Companies
May 7, 2015
Nintendo logs first operating profit in four years
Nintendo Co. posted a group operating profit of ¥24.77 billion on Thursday for the business year that ended March 31 — its first operating profit in four years — helped by robust sales of its Wii U home game console and software abroad.
BUSINESS / Companies
Apr 28, 2015
Tepco returns to profit amid lower global energy prices
Tokyo Electric Power Co. returned to profit in the fourth quarter, as lower energy prices helped offset a weaker yen and one-off gains boosted net income.
BUSINESS / Companies
Apr 22, 2015
Sony beats estimates as Hirai revamp fuels earnings growth
Sony Corp. raised its profit forecast for the second time since February as Chief Executive Officer Kazuo Hirai's revamp stokes earnings from games and financial services.
BUSINESS / Companies
Mar 25, 2015
Trader Sumitomo braces for worst losses since 1997
Sumitomo Corp. said it expects an annual loss of ¥85 billion ($711 million), more than four times the number forecast by analysts, after the trading house posted additional write-downs on its resources investments.


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