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May 24, 2025
 

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FINANCIAL RESULTS

An attendee plays Mario Kart World during the Nintendo Switch 2 Experience event in London in April.
BUSINESS / Companies
May 8, 2025
Nintendo gives conservative sales outlook for Switch 2 amid tariff concerns
The Kyoto-based company expects to ship just 15 million units of the new console in the year to March, shy of the 16.8 million average estimated by analysts.
Toyota CEO Koji Sato announces the firm's financial results during a news conference in Tokyo on Thursday.
BUSINESS / Companies
May 8, 2025
Toyota cites tariffs as it forecasts 35% drop in 2025-26 net profit
Carmakers have been among the hardest-hit by Trump's multipronged assault on free trade.
The Advanced Micro Devices headquarters in Santa Clara, California
BUSINESS / Tech
May 7, 2025
AMD and Arm offer a window into the AI landscape ahead of Nvidia earnings
Though chipmaking stocks have taken a hit this year, underlying results may show a stronger foundation for the AI trade than recent stock performance indicates.
Four Japanese automakers reported selling more new vehicles in the U.S. in April, driven by last-minute demand amid concerns car prices might rise due to additional tariffs.
BUSINESS / Companies
May 2, 2025
Four Japan automakers see higher U.S. sales on last-minute demand
Toyota, Honda Motor, Mazda Motor and Subaru all saw their sales rise in April.
Fuji Media Holdings President Osamu Kanemitsu is set to step down from his post at a general shareholders meeting in June.
BUSINESS / Companies
May 1, 2025
After scandal, Fuji Media Holdings marks major net loss for first time
The company has also announced that President Osamu Kanemitsu, who was set to become chairman, will be stepping down.
A branch of Nomura Securities, a unit of Nomura Holdings, in Tokyo
BUSINESS / Companies
Apr 30, 2025
Nomura’s China losses narrow as brokerage seeks turnaround
The China unit has been undergoing an overhaul after its initial ambition to grow its wealth management business veered off track during the pandemic.
Microsoft signage in New York on Oct. 25, 2024. Microsoft’s sudden decision to pause work on some data centers suggests cloud computing providers may be reevaluating expenditures.
BUSINESS / Tech
Apr 29, 2025
Big Tech’s earnings problem is estimates may be way too high
There’s little expectation executives will be able to give estimates with any degree of confidence, given the high level of macroeconomic uncertainty.
Net income at Daiwa Securities Group tumbled 24% year-on-year to ¥30 billion ($208 million) in the three months ended March 31.
BUSINESS / Companies
Apr 29, 2025
Japanese brokerages struggled with volatility even before tariffs
Net income at Daiwa tumbled 24% year-on-year to ¥30 billion ($208 million) in the three months ended March 31, marking the first decline in eight quarters.
A Maruti Suzuki concept electric SUV at a trade show in Gandhinagar, India, last January
BUSINESS / Companies
Apr 25, 2025
Maruti Suzuki profit misses estimate on higher input costs
The disappointing earnings for the sector leader come amid a broader consumption slack in the world’s most populous country.
Fees from dealmaking also helped net income climb 27% from a year earlier to ¥72 billion ($501 million) in the three months ended March 31, Nomura said in a statement Friday.
BUSINESS / Companies
Apr 25, 2025
Nomura profit beats estimates on equity trading and dealmaking
The result caps a record year of profits, helped by robust trading and dealmaking and a resurgence in investing by Japanese individuals.
While Nissan slightly raised its sales forecast late Thursday, its statement warned that its net loss could be ¥700 billion to ¥750 billion.
BUSINESS / Companies
Apr 25, 2025
Nissan sees $5.3 billion red hole as restructuring losses mount
While Nissan slightly raised its sales forecast late Thursday, its statement warned that its net loss could be ¥700 billion to ¥750 billion.
Fiscal 2024 supermarket sales in value terms grew on higher prices including for food, especially rice and vegetables, but sales in volume terms continued to decline as consumers remained reluctant to spend.
BUSINESS
Apr 24, 2025
Japanese supermarket sales up for fifth straight year in fiscal 2024
Sales in value terms grew on higher prices including for food, especially rice and vegetables, but sales in volume terms continued to decline.
Toyota Motor’s sales rose 8% from a year earlier to 231,336 units, while Honda Motor recorded a 13% jump, according to data released Thursday.
BUSINESS / Companies
Apr 24, 2025
Japanese carmakers’ U.S. sales surge ahead of Trump tariffs
Toyota Motor’s sales rose 8% from a year earlier to 231,336 units, while Honda Motor recorded a 13% jump, according to data released Thursday.
A Taiwan Semiconductor Manufacturing Co. (TSMC) logo is displayed on a wall in Hsinchu, Taiwan, on Tuesday. A recent rout saw TSMC’s forward price-to-earnings ratio hit a two-year low at one point.
BUSINESS / Tech
Apr 16, 2025
TSMC and ASML outlooks to reveal depth of tariff pain and AI angst
Both have borne the brunt of a broader market selloff, weighed down by both U.S. tariff threats and doubts over future AI demand.
Fast Retailing Chairman and CEO Tadashi Yanai smiles during a news conference on Thursday in Tokyo's Minato Ward.
BUSINESS / Companies
Apr 11, 2025
Fast Retailing's first-half sales hit record high
The growth reflected strong domestic sales of Heattech heat-retention garments and down jackets.
Seven & I Holdings released forecasts for this year's operating profit and revenue that are lower than analysts' estimates.
BUSINESS / Companies
Apr 9, 2025
Seven & I’s guidance miss adds to pressure amid takeover bid
Seven & I said it expects domestic convenience store sales to rise 9.4% this fiscal year, while seeing revenue from overseas convenience stores falling 3.6%.
A person walks past a logo of Samsung Electronics displayed outside a shop in Seoul on Tuesday. Shares in Samsung jumped after its profit for the first three months of 2025 handily beat expectations.
BUSINESS / Companies
Apr 8, 2025
Samsung shares jump after profit gets boost from new Galaxy S25
Inventory stockpiling by Chinese buyers who hurried to secure supply of electronics before U.S. President Donald Trump unleashed new tariffs also provided support.
A man places a sign outside a Tesla dealership during a protest against its CEO Elon Musk, in Los Angeles, California, last month.
BUSINESS / Companies / ANALYSIS
Apr 4, 2025
Tesla investors brace for further sales decline as Musk backlash grows
Protests in many countries against Musk's involvement in the Trump administration and far-right politics in Europe have tarnished the image of the once-leading EV brand.
"The most desirable decision is for companies' securities reports to be accessible to the public at least three weeks before the general meetings," financial services minister Katsunobu Kato said on Friday.
BUSINESS
Mar 28, 2025
Japan seeking securities disclosures before shareholders' meetings
The government will make the request in response to criticism from overseas investors that they do not have enough access to information ahead of the meetings.
Nomura Holdings is moving to a new office in Dubai, with double the space at its previous location, and hiring in Singapore, to expand its wealth business.
BUSINESS / Companies
Mar 12, 2025
Nomura expands in Singapore and Dubai as global business turns profit
The Tokyo-based firm is seeking to more than double assets under management at the global unit to $60 billion, and expects its relationship manager headcount to grow by about 50.
Toyota considers making tiny trucks for U.S. market as demand booms
Toyota executives say the automaker is listening to U.S. dealer requests for a truck smaller than the brand’s best-selling Tacoma midsize and Tundra full-size pickups.
Japan taxi driver suspected of raping 50 women, reports say
Police have arrested a former taxi driver on suspicion of drugging and raping a female passenger, with media reports saying there could be dozens more victims.
Japan considers toughening rules on driver's license conversions
Liberal Democratic Party policy chief Itsunori Onodera (fourth from left) visits a driver's license center in Shinagawa Ward, Tokyo, on Wednesday to see how foreign driver's licenses are converted into Japanese ones.
Trump’s wake-up call for India’s foreign policy
Indian Prime Minister Narendra Modi meets with U.S. President Donald Trump at the White House on Feb. 13. Trump’s coercive use of trade threats against India during the Pakistan military crisis has undermined trust in the U.S.-India partnership and exposed Washington as an unreliable security ally.
Onosato set for yokozuna promotion after clinching Emperor’s Cup
Onosato after defeating Kotozakura at Ryokugikan in Tokyo on Friday. The win gave him a 13-0 record and clinched the Emperor's Cup, assuring him of promotion to yokozuna next week.
Ishiba doubles down on weapons cooperation, says no country can go it alone
Prime Minister Shigeru Ishiba walks past members of the Philippine Coast Guard at the coast guard's headquarters in Manila on April 30.
Nippon Ishin grapples with poor governance ahead of Upper House election
Nippon Ishin no Kai co-leader Seiji Maehara speaks to reporters in Tokyo on Friday.
Beware of dubious websites offering cheap rice, consumer watchdog warns
Questionable websites appear to be taking advantage of consumers looking for cheaper rice online amid the high prices of the staple grain in the nation.
Onosato’s march to yokozuna could usher in golden age for sumo
Onosato (left) battles Gonoyama on Day 6 of the Summer Basho. With Onosato on the cusp of promotion to yokozuna, there could soon be two titans at the top of the sport fighting for titles.
A window into the mind of Esperantist and political activist Teru Hasegawa
Teru Hasegawa, Esperanto name Verda Majo, wrote leftist political essays during WWII.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb
By Alex K.T. Martin

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