Tag - financial-results

 
 

FINANCIAL RESULTS

Japan Times
BUSINESS
May 12, 2023
Nissan profit outlook tops projections as cost cuts bear fruit
Operating profit will be ¥520 billion ($3.9 billion) for the period through March 2024, the Yokohama-based company said Thursday.
Japan Times
BUSINESS
May 11, 2023
Honda's net profit falls 1.7% in fiscal 2022 as China and U.S. sales slow
Honda said its net profit for the fiscal year ended March fell 1.7% from a year earlier to ¥695.27 billion ($5.2 billion).
Japan Times
BUSINESS / Companies
May 11, 2023
SoftBank Vision Fund loses ¥4.3 trillion on weak startup values
Many of the privately held companies that SoftBank’s invested in are not yet profitable, while the IPO market remains lackluster.
Japan Times
BUSINESS / Companies
May 10, 2023
Toyota beat profit forecast in fiscal '22, upbeat on sales for year ahead
The world's top-selling automaker said it also expects profit to increase in the year ahead on 'improvements in semiconductor supply and the efforts of production sites.'
Japan Times
BUSINESS
May 10, 2023
Mitsubishi Motors to stick with China despite poor sales
The automaker’s retail sales in China dropped to 32,000 units in the third quarter, and those numbers are expected to decline again for the quarter that ended in March.
Japan Times
BUSINESS / Companies
May 9, 2023
Nintendo warns sales of Switch consoles to slow further this year
Nintendo said on Tuesday that it sold 17.9 million Switch units in the year to March and reported operating profit of ¥93.8 billion for the quarter on Tuesday.
Japan Times
BUSINESS / Companies
May 2, 2023
Japan Airlines' annual net profit returns to black
The carrier said net profit for the year to March was ¥34.4 billion — a turnaround from a net loss of ¥177 billion in the previous financial year.
Japan Times
BUSINESS
Apr 28, 2023
Sony casts doubt on PlayStation momentum with cagey outlook
The Tokyo-based firm said it expects operating income of ¥1.17 trillion ($8.7 billion) in the year ending March 2024, below average analyst estimates of ¥1.27 trillion.
Japan Times
BUSINESS
Apr 27, 2023
Three Japanese utilities report combined ¥134 billion loss on high fuel prices
Having nuclear power among its energy sources helped Kansai Electric Power to manage a net profit of ¥17.7 billion but it was still 79% lower than in the 2021 fiscal year.
Japan Times
BUSINESS / Companies
Apr 27, 2023
ANA bounces back from COVID with first annual profit since 2020
Japan’s biggest airline also gave a better-than-expected forecast for the coming year.
Japan Times
BUSINESS / Companies
Apr 27, 2023
Toyota hits record annual sales as production recovers
Its worldwide vehicle sales for fiscal 2022 rose 1.0% from the previous year to 9.61 million units and global output increased 6.5% to 9.13 million cars.
Japan Times
BUSINESS / Companies
Apr 27, 2023
Nomura profit falls for third straight year under CEO Kentaro Okuda
Muted client sentiment and lackluster deal-making weighed on revenue at the Japanese brokerage while its overseas operations have now lost money in 10 out of the past 12 years.
Japan Times
JAPAN / Science & Health
Apr 20, 2023
Japan health insurance societies to log record loss in fiscal 2023
The National Federation of Health Insurance Societies, or Kenporen, said that its member societies are expected to log a record loss in fiscal 2023.
Japan Times
BUSINESS / Companies
Apr 13, 2023
Uniqlo parent raises full-year outlook; sees China recovering
The retailer has become a bellwether in China, where it has around 900 stores, making it Fast Retailing's biggest foreign market.
Japan Times
BUSINESS / Companies
Apr 7, 2023
Samsung announces cut to memory chip output after worst profit since 2009
Operating profit plunged more than 95% to 600 billion won for the three months ended March, missing the average analyst estimate, while sales also fell.
Japan Times
BUSINESS
Mar 30, 2023
Toyota's global sales for February hit record high
Sales in Japan jumped 53.2% to 155,840 cars, following a slump the previous year due to a shortage of parts and the effects of coronavirus-related restrictions.
Japan Times
BUSINESS / Companies
Mar 9, 2023
Nomura cuts entertainment budget as rising costs hurt profit
The firm decided to cut its spending plan by about 30% for the current fiscal year following weak earnings in the first half, in a move that affects executives and senior managing directors.
Japan Times
BUSINESS / Companies
Feb 27, 2023
Toyota's global sales fall 5.6% in January as chip shortage continues
The global chip shortage continued to hit the world's largest automaker while the Lunar New Year holiday period in China, which fell in January this year, cut operating hours at its dealers.
Japan Times
BUSINESS / Companies
Feb 15, 2023
Bleak earnings and revolving leadership dampen prospects for Toshiba buyout
During an earnings report on Tuesday, Toshiba Vice President and CFO Masayoshi Hirata dodged questions surrounding any potential buyout developments.
Japan Times
BUSINESS / Companies
Feb 15, 2023
Rakuten Group logs ¥372 billion record loss as it builds mobile base stations
The cybermall and mobile phone group incurred a net loss for the fourth straight year.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on