Tag - financial-results

 
 

FINANCIAL RESULTS

Japan Times
BUSINESS / Companies
Apr 30, 2020
SoftBank sees ¥900 billion net loss on WeWork write-down
The group is embroiled in a legal dispute with directors at WeWork after backing out of a $3 billion tender offer.
BUSINESS / Companies
Apr 17, 2020
More than 200 listed companies in Japan have cut forecasts
The COVID-19 pandemic has forced 217 listed Japanese companies to warn of lower profits and sales in the coming year, an increase of 35% from less than a week ago, researcher Teikoku Databank has said.
Japan Times
BUSINESS / Companies
Apr 14, 2020
SoftBank foresees $12.5 billion loss as startup bets backfire
The company expects to record a u00a51.8 trillion ($16.7 billion) loss from its Vision Fund and another u00a5800 billion in losses from SoftBank's own investments.
Japan Times
BUSINESS
Mar 24, 2020
Japan supermarket sales rise amid virus scare in February
Supermarket sales in Japan in February grew at their fastest pace in over four years as consumers bought more food to eat at home amid the new coronavirus scare, industry data showed Tuesday.
Japan Times
BUSINESS
Feb 28, 2020
Japanese automakers' output in China tumbles in January
Automobile production by major Japanese makers in China plunged in January from a year earlier, data from the companies showed Thursday.
BUSINESS / Economy
Feb 28, 2020
U.S. firms set for zero profit growth this year as virus spreads, says Goldman Sachs
U.S. companies will see profits stagnate in 2020 thanks to the spread of the coronavirus in China and beyond, Goldman Sachs said on Thursday, slashing its expectations for average corporate earnings this year.
Japan Times
BUSINESS
Feb 14, 2020
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and economic uncertainties.
Japan Times
BUSINESS / Companies
Feb 13, 2020
SoftBank chief welcomes activist investor Singer as Vision Fund logs loss
SoftBank Group Corp. founder Masayoshi Son opened the door to making at least some of the changes championed by activist investor Paul Singer, after the company reported a second quarter of losses from its startup investing.
Japan Times
BUSINESS / Companies
Feb 5, 2020
MUFG just posted first quarterly loss in a decade
Mitsubishi UFJ Financial Group Inc. has posted its first quarterly loss in a decade and cut its annual profit forecast after booking a hefty charge on its stake in an Indonesian bank.
Japan Times
BUSINESS / Companies
Jan 31, 2020
Nintendo shares drop most since April after profit misses estimates
Shares in Nintendo Co. fell the most in nine months on Friday after the firm missed estimates for quarterly profit and forecast full-year earnings that were short of expectations, raising concern about demand for its Switch game console.
BUSINESS / Companies
Jan 31, 2020
NTT Docomo's revenue and profits fell from April to December last year
Major mobile phone carrier NTT Docomo Inc. reported Thursday that both group sales and profits fell year-on-year in the April-December 2019 period, mainly due to new discount plans introduced in June last year.
Japan Times
BUSINESS / Companies
Jan 29, 2020
Line in 2019 logs biggest net loss since stock market listing
Free messaging app provider Line Corp. on Wednesday reported a group net loss of ¥46.9 billion for the business year that ended in December last year, the biggest such loss at the firm since its stock market debut in 2016.
Japan Times
BUSINESS
Jan 10, 2020
Uniqlo sees worst drop in overseas sales in decade amid Hong Kong unrest and South Korea row
Political flare-ups in Asia are putting the brakes on Fast Retailing Co.'s overseas momentum, as the Uniqlo operator reported the worst decline in its quarterly revenue in a decade for its international segment.
Japan Times
BUSINESS / Companies
Dec 18, 2019
Asahi Breweries to stop disclosing sales volume data amid strengthening competition for top spot
Asahi Breweries Ltd. says it will stop releasing sales volume data for its beer and quasi-beer products this month, switching in January to the disclosure of the value of sales.
Japan Times
BUSINESS / Companies
Nov 15, 2019
Japan Post Holdings' sales dropped 4.8% for April-September amid insurance scandal
Japan Post Holdings Co. said Thursday its group revenue in the April-September half dropped 4.8 percent from a year earlier to ¥5.96 trillion.
Japan Times
BUSINESS / Companies
Nov 12, 2019
Nissan reports 70% profit slump in second quarter and slashes full-year outlook
Nissan, whose financial performance has been in the doldrums for nearly two years, also cut its forecast for operating profit by u00a580 billion for the year through March.
Japan Times
BUSINESS / Companies
Nov 7, 2019
SoftBank's Son says it's business as usual after record loss, but Tokyo traders aren't buying it
Masayoshi Son wants investors to believe that a record loss from investments in money-losing startups WeWork and Uber Technologies Inc. is but a bump in the road. Some aren't buying it.
Japan Times
BUSINESS / Companies
Nov 6, 2019
Asahi to again slash full-year forecast as overseas push leaves brewer vulnerable
Asahi Group Holdings Ltd. lowered its annual sales and profit forecast again as its $22 billion push into overseas markets makes Japan's largest brewer more vulnerable to currency swings.
BUSINESS / Companies
Nov 2, 2019
Six major Japanese electronics makers see net profits plummet amid U.S.-China trade war
Six of seven major Japanese electronics makers suffered year-on-year drops in group net profits in April-September, according to earnings reports released Friday.
Japan Times
BUSINESS / Companies
Oct 31, 2019
Apple's holiday sales forecast to top analysts' estimates
Apple Inc.'s new iPhones are expected to help the technology giant return to growth in the key holiday period, supported by a growing collection of other products and services.

Longform

The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
Driving in Japan isn’t hard. Getting the license is.