Tag - financial-results

 
 

FINANCIAL RESULTS

Japan Times
BUSINESS / Companies
Oct 31, 2020
JAL to post net loss of up to ¥270 billion in fiscal 2020 as pandemic bites
The airline said the number of international passengers plunged 97.7% in the six months through September from a year earlier due to the outbreak of COVID-19.
Japan Times
BUSINESS / Companies
Oct 29, 2020
Toyota output up 11.7% on year earlier to hit record, led by China
The global output of 841,915 vehicles for September also marked the auto giant's first year-on-year increase in nine months.
Japan Times
BUSINESS
Oct 29, 2020
Samsung reports profitable quarter but warns of weaker outlook
Samsung Electronics Co. warned earnings in the current quarter will decline, saying the strong growth in its mobile and memory business that helped third-quarter profits will ease amid intensifying competition and weakening demand.
Japan Times
BUSINESS / Companies
Oct 28, 2020
JAL sees fiscal 2020 net loss of over ¥200 billion, first loss since relisting
JAL expects it will take time for international air travel demand to recover as long as strict border controls remain in place amid the coronavirus pandemic.
Japan Times
BUSINESS / Companies
Oct 27, 2020
Japan's ANA forecasts record ¥505 billion loss for fiscal 2020
Under a restructuring plan, the firm will retire planes, seek voluntary redundancies and transfer over 400 employees to hotels, call centers and elsewhere to cut costs.
Japan Times
BUSINESS / Companies
Oct 27, 2020
Canon and Nidec outlooks offer early hints for Japan blue chips
Canon is forecasting operating profit 42% higher than the figure it gave previously, while Nidec has lifted its outlook by 12%.
Japan Times
BUSINESS / Companies
Oct 26, 2020
JAL and ANA looking to raise funds to help trim pandemic-linked losses
So far, Japan Airlines has withheld its earnings projections for the current business year through March, citing uncertainty from the pandemic.
Japan Times
BUSINESS / Companies
Oct 22, 2020
Pandemic-hit ANA expects record net loss of around ¥530 billion
The company said the number of passengers for its international flights plunged 96% in the five months through August from a year earlier.
Japan Times
BUSINESS / Companies
Sep 27, 2020
Nissan eyes return to profit in 2021 on back of resurgence in China
The company, which in May reported its first fiscal year loss in a decade, is forecasting a strong recovery in the Chinese market by year-end.
Japan Times
BUSINESS
Sep 24, 2020
Japan department store sales down 22% in August amid virus spread
Confectionery products saw a 27.0 percent drop, partly because many people did not visit their family members or relatives during the holiday season.
Japan Times
BUSINESS / Companies
Sep 23, 2020
Japan's convenience store sales fall 5.5% in August amid pandemic
Convenience store sales in Japan fell 5.5 percent in August from a year earlier, marking the sixth straight month of decline, due to fewer customer visits amid the prolonged coronavirus pandemic, an industry body said Wednesday.
Japan Times
BUSINESS
Aug 20, 2020
Japan convenience store sales fell 7.4% in July due to rain and virus
While the number of shoppers dropped, average spending per person rose, according to the Japan Franchise Association.
Japan Times
BUSINESS / Companies
Aug 14, 2020
Total profit at Japan firms cut in half in April-June as pandemic bites
The combined net profit of listed Japanese firms tumbled 53.7 percent in the April-June period from a year earlier to ¥4.68 trillion ($44 billion), hit by the coronavirus pandemic that has depressed global economic activity, data by a securities firm showed Friday.
Japan Times
BUSINESS / Companies
Aug 13, 2020
China's Tencent plays down WeChat ban after results top estimates
The internet giant has tried to reassure investors the U.S. ban on its WeChat app may apply only to its overseas operations, suggesting the impact should be modest.
Japan Times
BUSINESS / Companies
Aug 13, 2020
McDonald's Japan posts 2% rise in first-half sales on brisk demand for takeout
McDonald's Holdings Co. (Japan) said first-half sales rose 2.0 percent from a year earlier to ¥139.24 billion ($1.3 billion) as demand for takeaway and delivery services rose amid the coronavirus pandemic.
Japan Times
BUSINESS / Companies
Aug 13, 2020
Toshiba posts ¥11.35 billion net loss for pandemic-hit April-June quarter
Toshiba Corp. reported Wednesday a net loss of ¥11.35 billion ($106 million) in the April-June period due to sluggish performance in its storage device segment hit by coronavirus-trigged disruptions.
Japan Times
BUSINESS / Companies
Aug 11, 2020
SoftBank returns to profit after record losses earlier in the year
Masayoshi Son has pulled off a remarkably speedy comeback after the worst loss in his company's 39-year history.
Japan Times
BUSINESS
Aug 6, 2020
Pandemic and stay-home gamers help Nintendo's profit to surge
Nintendo Co. said Thursday its net profit for April to June soared to ¥106.48 billion ($1 billion), a 6.4-fold rise from a year earlier, as the coronavirus pandemic and subsequent stay-home requests spurred demand for its Switch console and software.
Japan Times
BUSINESS / Companies
Aug 5, 2020
Sharp eyes 2020 net profit doubled with supply chain recovery
Sharp Corp. said Wednesday it expects a 2.4-fold increase in net profit for the current business year through next March to ¥50 billion ($473 million) as its supply chains disrupted by the coronavirus pandemic return to normal.
Japan Times
BUSINESS
Aug 5, 2020
Honda expects 64% net profit fall in fiscal 2020, but sees gradual recovery
The automaker forecasts its operating profit in the year to drop 68.4 percent to u00a5200 billion, on estimated sales of u00a512.8 trillion, down 14.3 percent.

Longform

The Japanese government updated its English education guidelines in 2017 to emphasize communication over grammar and memorization. Public school teachers are incredibly busy, however, which means schools haven’t been able to implement changes uniformly. Private and alternative schools are attempting to remedy this.
The language of opportunity: Bilingual education is on the rise in Japan