Japan's three major mobile carriers log higher operating profits
Thanks to the growing prevalence of remote work, all three major Japanese mobile phone carriers saw their consolidated operating profits increase year on year in April-December 2020, according to their earnings reports. The rosy results were backed by brisk earnings from services for corporate clients ...
Panasonic lifts fiscal 2020 profit forecasts on strong demand
The figure, revised upward from the company's earlier estimate of ¥100 billion in net profit, would still mean a 33.5% drop from a year earlier.
Japan Airlines’ outlook worsens after quarter misses estimates
The nation’s flag carrier is now forecasting a net loss of ¥300 billion for the 12 months ending March 31.
ANA posts record net loss of ¥309.58 billion in April-December
The outlook for travel demand for the rest of fiscal 2020 and beyond remains uncertain as the pandemic is expected to take more time to be brought under control.
The earnings slump reflects a drop by half in the firm's railway business revenue due to the novel coronavirus crisis, as well as sluggish earnings in other operations.
Toyota group tops global auto sales in 2020 for first time in five years
The firm's global annual sales recovered in its main markets such as China and the United States from the fall, posting increases for three consecutive months from October, it said.
Per-customer sales grew 6.4% to ¥673.2, hitting a record high for the seventh straight year, thanks to growing bulk buying of home-related goods amid the virus crisis.
Four major Japanese department stores suffer sales drops of 30%-40%
The sales declines are due chiefly to temporary store closures last spring and a significant decrease in the number of foreign travelers to Japan amid the novel coronavirus pandemic.
Uniqlo owner’s stock hits record as shoppers go casual in pandemic
Operating profit rose 23% to ¥113.1 billion ($1.1 billion) in the three months ended Nov. 30, according to a company statement released Thursday.
Toyota's global output hits record in November despite pandemic
Toyota said Friday its global production in November climbed 7% from a year earlier, marking a record for the month and showing resilience against disruptions caused by the pandemic.
