Tag - financial-results

 
 

FINANCIAL RESULTS

Operating profit is forecast to land at around ¥500 billion ($3.4 billion) in the current fiscal year through March 2026, falling far short of analyst estimates of ¥1.35 trillion, Honda said Tuesday.
BUSINESS / Companies
May 13, 2025
Honda signals profit drop and warns of $3 billion tariff hit
Honda will have to go it alone after a tie-up with Nissan fell through as the global auto market is roiled by U.S. tariffs and intense competition in China.
Overall net profit is expected to go down 42.9% from the previous year to ¥200 billion at Nippon Steel, 18.4% to ¥75 billion at JFE Holdings and 16.8% to ¥100 billion at Kobe Steel.
BUSINESS / Companies
May 13, 2025
Three major Japan steelmakers say they expect profit falls in fiscal 2025
Overall net profit is expected to go down 42.9% from the previous year to ¥200 billion at Nippon Steel, 18.4% to ¥75 billion at JFE and 16.8% to ¥100 billion at Kobe Steel.
A branch of SMBC Nikko Securities, a unit of Sumitomo Mitsui Financial Group, in Tokyo
BUSINESS
May 12, 2025
Japan’s megabanks to remain buoyed by BOJ’s long game to hike rates
The central bank stood pat earlier this month after a cycle of rate hikes since March 2024 and halving its economic growth outlook to 0.5% for this fiscal year.
Panasonic is targeting 10,000 job cuts worldwide as part of efforts to boost profitability.
BUSINESS / Companies
May 9, 2025
Panasonic targets 10,000 job cuts worldwide
The cuts will focus on positions at consolidated companies — 5,000 in Japan and 5,000 overseas.
Nippon Telegraph and Telephone plans a buyback of shares from May 12 through March 31, a move it says is geared toward raising capital efficiency and boosting shareholder returns.
BUSINESS / Companies
May 9, 2025
NTT announces ¥200 billion buyback in capital efficiency push
The buyback from May 12 through March 31 is geared toward raising capital efficiency and boosting shareholder returns, the company said.
According to earnings reports released by Thursday, net profit is forecast to fall 47.7% to ¥250 billion at Nippon Yusen K.K., 60% to ¥170 billion at Mitsui O.S.K. Lines and 67.3% to ¥100 billion at Kawasaki Kisen Kaisha.
BUSINESS / Companies
May 9, 2025
Three major Japan shipping firms expect sharp falls in profit
The companies are projecting a drop in the transport of autos and other goods due to U.S. tariff measures.
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.

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