Tag - financial-results

 
 

FINANCIAL RESULTS

Japan Times
BUSINESS / Companies
Oct 29, 2019
Sony records strongest Q2 profit as image sensor demand offsets slide in gaming earnings
Sony Corp. on Wednesday said operating profit jumped 16 percent in its strongest-ever result for a second quarter, as robust sales of image sensors offset a tumble in earnings from its gaming division.
Japan Times
BUSINESS / Companies
Oct 21, 2019
Renault's weaker outlook raises odds for deal on Nissan stake
Renault SA's growing litany of woes could nudge the French carmaker to reduce its stake in Nissan Motor Co., a step that would help ease their strained relations.
BUSINESS / Companies
Aug 22, 2019
Tokyo FM Broadcasting admits fiddling the books to hide subsidiary's losses
Tokyo FM Broadcasting Co. said Wednesday that it engaged in improper accounting practices to hide a subsidiary's losses.
Japan Times
BUSINESS / Companies
Aug 15, 2019
Companies that employ the most women get the best returns, Morgan Stanley report shows
Employing more women brings a stock market boost, according to Morgan Stanley research on how diversity influences share prices.
Japan Times
BUSINESS / Companies
Jul 31, 2019
Shares fall as Samsung reveals profit plunge and warns outlook unclear due to Japan export curbs
Samsung Electronics Co. warned Wednesday that Japanese controls on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to “significant new challenges.”
Japan Times
BUSINESS / Companies
Jul 31, 2019
Huawei posts 23% sales growth as U.S. sanctions set to bite
Huawei Technologies Co. reported a 23 percent rise in revenue to 401.3 billion yuan (¥6.3 trillion) in the first half as the Chinese telecommunications giant withstood U.S. efforts to curb its business.
Japan Times
BUSINESS / Companies
Jul 29, 2019
Renault's troubled ties to Nissan are hurting the bottom line
For months, Renault SA's partnership with Nissan Motor Co. has been a strain on management and a public relations nightmare. Now the Japanese carmaker's woes are hitting where it really hurts: the bottom line.
Japan Times
BUSINESS
Jul 25, 2019
737 Max jetliner grounding crisis pushes Boeing to biggest-ever loss near $3 billion
Boeing Co. posted its largest-ever quarterly loss on Wednesday, diving nearly $3 billion into the red as it wrestles with a longer-than-expected grounding of its best-selling 737 Max.
Japan Times
BUSINESS / Companies
May 24, 2019
Citing weakening profitability, lower margins, Moody's downgrades Nissan's credit rating to A3
Nissan Motor Co.’s credit rating was cut a notch by Moody’s Investors Service, which cited the automaker’s weakening profitability and margins over the past two years.
BUSINESS / Companies
May 16, 2019
Japan's mega-banks see challenging year ahead as profit drivers wane
Japan's biggest banks have warned investors of a tough year ahead.
Japan Times
BUSINESS / Companies / ANALYSIS
May 15, 2019
Nissan faces mounting problems on its turnaround path, analysts say
The earnings report and forecast disclosed Tuesday by the automaker underscored a big problem after the arrest and ouster of former Chairman Carlos Ghosn— stabilizing its auto business.
Japan Times
BUSINESS / Companies
May 14, 2019
Nissan projects weakest profit in a decade as Carlos Ghosn woes linger
Nissan Motor Co., trying to rebuild its tarnished reputation over failed corporate governance following the criminal investigation of two former executives, cut its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade.
BUSINESS / Companies
May 13, 2019
Nissan pushes back on Renault's renewed efforts to merge
Nissan Motor Co. is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won't help turn it around, according to a source with knowledge of the discussions.
Japan Times
BUSINESS / Companies / ANALYSIS
May 12, 2019
Carlos Ghosn's successor, Hiroto Saikawa, under siege from within as Nissan profit sinks
Nissan chief Hiroto Saikawa finds himself under pressure from several angles, including a drop in company profits and slumping U.S. sales.
BUSINESS / Companies
May 10, 2019
Subaru reveals annual profit halved in fiscal 2018, releases earnings early by mistake
Subaru Corp. said Friday its operating profit for the past year has halved after it suffered a string of setbacks including production delays and mounting recalls.
BUSINESS / Companies
Feb 11, 2019
Toshiba to cut operating profit forecast by half, Nikkei says
Toshiba Corp. is preparing to cut its full-year profit forecast by at least half, hurt in part by higher expenses in its energy business, the Nikkei business daily reported, without saying where its information originated.
Japan Times
BUSINESS / Companies
Feb 6, 2019
SoftBank Group reports 62% jump in operating profit, rising to record high
SoftBank Group Corp. on Wednesday reported robust earnings for the April-December period, crediting positive returns on investments in other businesses and ventures.
Japan Times
BUSINESS / Companies
Feb 1, 2019
Hitachi sees net profit fall due to halting of U.K. nuclear project
Hitachi Ltd. on Friday reported a 68 percent decline in group net profit in the April-December period from a year earlier, with the firm primarily attributing the fall to its subsidiary’s suspension of a nuclear power plant project in the United Kingdom.
Japan Times
BUSINESS
Oct 31, 2018
Amazon dealt $250 billion blow from market jitters and earnings confusion
Fears of a prolonged market downturn, slowing international sales, stepped-up competition in the U.S. and flat-out confusion about how Amazon.com Inc. makes money are all reasons behind the company's dizzying 25 percent drop in value from its September high.
Japan Times
BUSINESS / Companies
Oct 30, 2018
Sony boosts outlook as PlayStation heads for record year
Sony Corp. upgraded its earnings outlook for a second straight quarter, thanks to a plethora of hit video-game titles that are boosting the PlayStation business.

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.