Tag - financial-results

 
 

FINANCIAL RESULTS

Japan Times
BUSINESS / Companies
Mar 17, 2016
Toshiba probe stretches to U.S. as Westinghouse accounting comes under scrutiny
Toshiba Corp. is under investigation by the United States over allegations that it hid $1.3 billion (¥146 billion) in losses at its nuclear power operations, according to two people familiar with the matter.
BUSINESS / Companies
Nov 6, 2015
Asahi Kasei cuts profit target, says piles scandal hard to cost
Construction subcontractor Asahi Kasei Corp. lowered its annual forecast by 14 percent on Friday, but said the figure excludes a probe into its work on building foundations.
BUSINESS / Companies
Oct 29, 2015
Tepco second-quarter profit slides amid lower electricity use
Tokyo Electric Power Co., the operator of the Fukushima No. 1 nuclear power plant, reported a 26 percent decline in second-quarter operating profit due to fuel-price adjustments, as its users consumed less energy.
BUSINESS / Companies
Oct 26, 2015
Sharp slashes operating profit forecast on slumping demand in China
Sharp Corp. lowered its operating profit forecast on slumping demand for smartphone displays in China and said it will not forecast net income until the results of reforms are clearer.
Japan Times
BUSINESS / Companies
Sep 18, 2015
Pressure to show a profit led to Toshiba's accounting scandal
Manufacturing giant Toshiba Corp.'s president and seven other directors were forced to resign when an investigation revealed in July that the firm had doctored the books and had padded its profits over the past seven years to the tune of hundreds of billions of yen.
BUSINESS / Companies
Sep 14, 2015
Toshiba logs first-quarter net loss; sales at lowest since December 2012
Toshiba Corp. posted a net loss for the first quarter as sales of televisions and personal computers slumped and profit fell at its division that makes chips.
BUSINESS / Companies
Sep 1, 2015
Toshiba probing 10 new accounting issues, including at U.S. unit
Toshiba Corp. has uncovered 10 new cases of accounting problems, including at a U.S. unit, prompting it to miss a regulator's deadline for submission of its fiscal 2014 earnings release.
BUSINESS / Companies
Aug 7, 2015
Sumitomo Metal Mining cuts profit target as China demand slows
Sumitomo Metal Mining Co., the largest domestic nickel producer, cut its first-half profit forecast as China's slower demand weakens commodity prices more than anticipated, the company said in a statement Friday.
BUSINESS
Jul 27, 2015
Japan banks likely to report gains in fees, overseas lending: analysts
Mitsubishi UFJ Financial Group Inc. probably led a slight increase in first-quarter profit at Japan's biggest banks as gains in fee income and overseas lending made up for shrinking loan profitability at home.
BUSINESS / Companies
Apr 28, 2015
Tepco returns to profit amid lower global energy prices
Tokyo Electric Power Co. returned to profit in the fourth quarter, as lower energy prices helped offset a weaker yen and one-off gains boosted net income.
BUSINESS / Companies
Apr 22, 2015
Sony beats estimates as Hirai revamp fuels earnings growth
Sony Corp. raised its profit forecast for the second time since February as Chief Executive Officer Kazuo Hirai's revamp stokes earnings from games and financial services.
BUSINESS / Companies
Mar 25, 2015
Trader Sumitomo braces for worst losses since 1997
Sumitomo Corp. said it expects an annual loss of ¥85 billion ($711 million), more than four times the number forecast by analysts, after the trading house posted additional write-downs on its resources investments.
BUSINESS / Companies
Sep 17, 2014
Sony hikes expected annual loss as smartphone business falters
Consumer electronics maker Sony Corp. is running out of ways to reverse its declining fortunes as the Tokyo-based company's smartphone business struggles to compete.
Japan Times
BUSINESS / Companies
Jul 31, 2014
Mitsubishi UFJ profit falls less than estimated on lending, fees
Mitsubishi UFJ Financial Group Inc., the nation's biggest bank, reported Thursday a smaller-than-estimated decline in first-quarter profit as lending income and fees rose, shrugging off an equity-market slowdown.
BUSINESS / Companies
Jul 25, 2014
Docomo takes hit in first quarter but slows loss of customers
NTT Docomo Inc. said Friday that sales and profits dropped in the first quarter compared with the previous year, on slumping voice call revenue and discounts for two-year contracts.
Japan Times
BUSINESS / Companies
Feb 5, 2014
Mitsubishi Estate profit up 73% on home sales
Mitsubishi Estate Co. said Wednesday its nine-month net income rose 73 percent as profit margins of its residential business improved.
Japan Times
BUSINESS / Companies / FOCUS
Jul 8, 2013
Lobbyists keep SEC's executive-pay ratio rule in limbo
Soon after Congress approved the largest overhaul of financial regulation in generations, the Securities and Exchange Commission moved to enforce what it considered one of the simpler parts of a mammoth and complicated law.

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