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October 26, 2025
 

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FINANCIAL RESULTS

Japan's three megabank groups have estimated that the tariffs imposed by the administration of U.S. President Donald Trump could cut their fiscal 2025 profits by around ¥80 billion ($544 billion) to ¥110 billion.
BUSINESS / Companies
Aug 5, 2025
Japan's five largest banking groups post 2.7% profit gains for April-June
The increase is partly due to growth in profits from the banking groups' lending operations reflecting the Bank of Japan's interest rate hikes.
An auto dealership in Yamato, Kanagawa Prefecture
BUSINESS
Aug 2, 2025
Japan's new auto sales log first fall in seven months
The drop included declines of over 10% for Nissan and Honda.
The Nippon Steel logo is displayed at the company's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, in May.
BUSINESS / Companies
Aug 2, 2025
Nippon Steel swings into quarterly loss
The Japanese steelmaker said Friday that it had posted a consolidated net loss of ¥195.8 billion for the fiscal first quarter, against the year-before profit of ¥157.5 billion.
Nintendo said its quarterly revenue had more than doubled year-on-year thanks to the Switch 2, which became the world's fastest-selling console after its launch in June.
BUSINESS / Companies
Aug 1, 2025
Nintendo keeps Switch 2 forecast unchanged despite hot start
The Kyoto-based company said on Friday that it still expects to sell 15 million units of its next-generation hardware by March, maintaining a conservative view.
Tokyo Electron is seeing slower-than-expected recovery in demand from producers of logic chips.
BUSINESS / Companies
Aug 1, 2025
Tokyo Electron cuts outlook on canceled logic chip tool orders
The Tokyo-based company now sees operating income of ¥570 billion in the year to March, down from a previous forecast of ¥727 billion.
Fuji Media Holdings announced Thursday that it expects a consolidated operating loss of ¥12 billion for fiscal 2025, which would mark its first full-year loss since becoming a holding company in 2008.
BUSINESS / Companies
Aug 1, 2025
Fuji Media expects first annual operating loss since 2008
It expects a consolidated operating loss of ¥12 billion for the fiscal year ending March 2026 on a slower-than-expected recovery in advertising revenue.
Mizuho Financial Group now expects net income to reach a record ¥1.02 trillion ($6.9 billion) in the year ending March 31, up from ¥940 billion projected earlier, it said Thursday.
BUSINESS / Companies
Jul 31, 2025
Mizuho and Sumitomo see strong results as Japan banks beat estimates
Japan’s three biggest banks in May predicted another year of record profits, even as the nation’s export-driven economy was at risk from U.S. tariff threats.
New vehicles for sale at a Toyota dealership in California
BUSINESS / Companies
Jul 30, 2025
Toyota logs record global sales despite Trump tariff turmoil
The carmaker’s sales were bolstered by a last-minute rush from customers to lock-in purchases before U.S. President Donald Trump’s threatened 25% tariff on car imports.
Intel says it "will no longer move forward" with projects in Germany and Poland as part of a push to save billions of dollars.
BUSINESS / Companies
Jul 25, 2025
Intel posts higher revenue after trimming workforce
The U.S. chipmaker said it "will no longer move forward" with projects in Germany and Poland as part of measures to save billions of dollars.
As U.S. tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from levies.
BUSINESS / Markets
Jul 24, 2025
Firms in Japan likely to log lower profits amid tariff and political uncertainty
While tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from the levies.
Mizuho CEO Masahiro Kihara is interviewed in London on Monday.
BUSINESS / Companies
Jul 15, 2025
Mizuho CEO confident of meeting ¥1 trillion profit target
Japan’s third-largest lender forecast in May that net income will likely climb 6.1% to ¥940 billion in the fiscal year started in April.
FamilyMart's operating profit grew 17.9% from a year before to ¥27.8 billion, as advertisements featuring Los Angeles Dodgers star Shohei Ohtani helped attract more customers and boost sales of onigiri rice balls.
BUSINESS
Jul 14, 2025
Three convenience store operators log profit growth from March to May
FamilyMart attracted budget-minded consumers thanks to its discount sales of food items such as eggs and milk while Lawson's new bread products captured demand.
A Uniqlo store in Shanghai. Fast Retailing, Uniqlo's owner, reported weak sales in China that weighted on its third-quarter earnings, which missed estimates.
BUSINESS / Companies
Jul 10, 2025
Uniqlo owner misses earnings estimates on weak China sales
Fast Retailing's operating profit in the three months ended May was ¥146.7 billion, which trails a ¥150 billion average of analyst estimates.
Samsung, South Korea’s largest company, reported preliminary operating profit of 4.6 trillion won ($3.3 billion) in the June quarter, a roughly 56% drop from a year ago.
BUSINESS / Tech
Jul 8, 2025
Samsung profit halves amid delays to certification for advanced AI chips
The company has yet to secure certification from Nvidia for its most advanced product, creating an unusually long lead time for rivals in the highly lucrative space.
Data compiled by the Japan Department Stores Association shows that tax-free inbound sales at over 80 department stores across the country fell by 41% in May from a year earlier.
BUSINESS / Economy
Jul 3, 2025
Japan’s department store shares lag as tourist splurge slows
Tax-free inbound sales at over 80 department stores across the country fell by 41% in May from a year earlier.
Toyota’s global sales that include subsidiaries Daihatsu and Hino reached 955,532 vehicles last month, up 8% from a year earlier.
BUSINESS / Companies
Jun 27, 2025
Toyota sales hit third monthly record on Japan and U.S. demand
Toyota’s global sales — including subsidiaries Daihatsu and Hino — rose 8% from a year earlier to reach 955,532 vehicles in May.
A customer poses with a Nintendo Switch 2 console at a Bic Camera electronics store in Tokyo on June 5.
BUSINESS / Companies
Jun 11, 2025
Nintendo's Switch 2 sets sales record in boon for gaming sector
The numbers bode well for its target of selling 15 million units by March next year.
Shipping containers from China at the Port of Los Angeles, in San Pedro, California.
BUSINESS / Economy / ANALYSIS
May 30, 2025
Trump's tariff tally: $34 billion and counting, global companies say
Many companies said the erratic nature of U.S. President Donald Trump's trade policies has made it impossible to accurately estimate costs.
Nvidia CEO Jensen Huang delivers a keynote at Nvidia's GPU Technology Conference (GTC) at the SAP Center in San Jose, California, on March 18.
BUSINESS / Tech
May 29, 2025
Nvidia eases concerns about China with upbeat sales forecast
"Every nation now sees AI as core to the next industrial revolution,” CEO Jensen Huang said on a conference call with analysts.
The Meiji Yasuda Life Insurance headquarters in Tokyo. Paper losses on Japanese bonds held by the company expanded to about ¥1.386 trillion ($9.7 billion) in the year ended March, compared with ¥161.4 billion a year earlier.
BUSINESS / Companies
May 26, 2025
Japan's biggest life insurers post $60 billion in unrealized bond losses
The paper losses on their domestic bond holdings in the last fiscal year underscore the risks they face as interest rates climb.
Bear kills another person in Japan in record year for fatal attacks
Police investigate at the scene of a bear attack that killed one person and injured three others on Friday in the village of Higashinaruse in Akita Prefecture.
Tokyo launches English-language international school database
A screenshot of the Tokyo Metropolitan Government's international schools portal site
New ‘immigration minister’ post signals Takaichi Cabinet’s priorities
Kimi Onoda, economic security minister and minister for harmonious coexistence with foreign nationals, arrives at the prime minister's office in Tokyo on Tuesday.
Takaichi focuses on economic and security concerns in first policy speech
Prime Minister Sanae Takaichi delivers her first policy speech in the Lower House in Tokyo on Friday.
New tourism minister calls concentration of tourists in certain areas 'very serious'
Tourism minister Yasushi Kaneko holds a news conference in Tokyo on Wednesday.
Stars align for Kim-Trump meeting — but any talks will be on N.K. leader’s terms
A South Korean soldier stands next to a TV broadcasting a news report about a possible summit between North Korean leader Kim Jong Un and U.S. President Donald Trump, at the main railway station in Seoul on Wednesday.
New ‘immigration minister’ post signals Takaichi Cabinet’s priorities
Kimi Onoda, economic security minister and minister for harmonious coexistence with foreign nationals, arrives at the prime minister's office in Tokyo on Tuesday.
Number of suicide cases among students in Japan hits record high in 2024
The health ministry's Suicide White Paper for 2024 has found that numbers for both men and women peak at age 21, with “concerns over future career paths” being identified as the most likely cause.
The newly formed LDP-JIP coalition may not be as solid as it seems
Ruling Liberal Democratic Party President Sanae Takaichi and Japan Innovation Party leader Hirofumi Yoshimura sign a policy agreement between the two parties at the Diet in Tokyo on Monday.
AI-optimized cybercrime increasingly targeting Japan
A recent cyberattack on brewer Asahi Group Holdings resulted in the company suspending shipments.

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