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April 25, 2025
 

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FINANCIAL RESULTS

MUFG virtually reached its full-year profit goal with a quarter to spare, earning a record ¥1.749 trillion in the first nine months.
BUSINESS / Companies
Feb 4, 2025
MUFG profit soars in bumper earnings season for Japan banks
Japanese banks are benefiting from rising interest rates following more than a decade of ultra-easy monetary policy.
Nintendo announced in January that it will release the console's hotly anticipated successor — the Switch 2 — in 2025, but stopped short of revealing details such as pricing.
BUSINESS / Companies
Feb 4, 2025
Nintendo cuts net profit forecast as Switch sales slow
Nintendo said it will release the console's hotly anticipated successor — the Switch 2 — in 2025 but stopped short of revealing details such as pricing.
Fuji TV President Kenji Shimizu speaks to reporters at the company's headquarters in Tokyo on Thursday following a board meeting.
JAPAN
Jan 31, 2025
Fuji TV expects ¥23 billion dent in revenue over Nakai scandal
The broadcaster, projecting its ad revenue to total ¥125.2 billion in the year through March, expects to fall into the red.
Honda and Nissan announced in December that they plan to unite both brands under a single holding company.
BUSINESS / Companies
Jan 30, 2025
Case for Honda-Nissan tie-up strengthened as sales fall at both automakers
In the competitive China market, Nissan’s sales fell 12% last year while Honda saw a 30% decline.
Japanese banks are enjoying bumper earnings as they begin to benefit from rising interest rates following more than a decade of ultraeasy monetary policy.
BUSINESS
Jan 30, 2025
Sumitomo Mitsui profit beats estimates as rate hikes bolster earnings
Net income at Japan’s second-largest bank rose 54% from a year earlier to ¥410.8 billion for the three months ended Dec. 31, calculations show.
Vegetables for sale at a local supermarket in Kyoto.
BUSINESS
Jan 23, 2025
Japan supermarket sales up for fifth year in 2024
Price increases of rice and vegetables such as cabbage pushed up overall sales while the number of purchased items continued to decrease as customers became thriftier.
Mizuho's CEO Masahiro Kihara said on Wednesday that domestic corporate banking, asset and wealth management, as well as global and corporate and investment banking, would all contribute to growth.
BUSINESS / Companies
Jan 23, 2025
Mizuho head sees profit reaching ¥1 trillion in three to four years
Mizuho previously projected record annual net income of ¥820 billion for the current fiscal year, meaning the increase would require an uplift of more than 20%.
Lawson and FamilyMart enjoyed net profit increases in the March-November 2024 period, while Seven & I Holdings suffered a sharp deterioration in its bottom line, according to their latest earnings reports.
BUSINESS / Companies
Jan 16, 2025
Lawson and FamilyMart enjoy net profit growth in March-November
FamilyMart's net profit went up 62.4% to ¥80 billion because of special profit from a realignment of Chinese operations.
Seven & I Holdings reported Thursday that its operating profit was ¥128.4 billion during the three months to the end of November, compared with ¥169 billion a year earlier.
BUSINESS / Companies
Jan 9, 2025
Seven & I profit drops despite recovery in convenience stores
Operating profit was ¥128.4 billion during the three months to the end of November, compared with ¥169 billion a year earlier.
Uniqlo owner Fast Retailing reported strong growth in revenue and operating profit for the three months through November on robust demand in Japan, North America and Europe.
BUSINESS / Companies
Jan 9, 2025
Uniqlo owner reports strong growth in Japan and Western markets
Operating profit rose 7% to ¥157.6 billion for the three months ended November from a year earlier, with sales increasing to ¥895.2 billion.
Fast Retailing’s November-ending quarter may have seen operating profit growth soften as warmer autumn-winter temperatures dented sales, even with the backdrop for consumer spending in Japan looking promising.
BUSINESS / Companies
Jan 3, 2025
Uniqlo and 7-Eleven face sales headwinds despite brighter consumer spending
Uniqlo parent Fast Retailing and Seven & i Holdings are among the first to kick off this earnings season in Asia.
A Tesla Cybertruck
BUSINESS / Companies
Jan 3, 2025
Tesla annual deliveries fall for first time as incentives fail to drum up demand
CEO Elon Musk had earlier predicted "slight growth" in 2024 deliveries and offered a range of promotions including interest-free financing and free fast-charging to boost sales.
A Shiseido at a consumer products exhibition in Haikou, China, in 2023.
BUSINESS / Companies
Nov 29, 2024
Shiseido profit outlook squeezed by China downturn, president says
Shiseido joins other luxury brands that have been hurt by slowing growth, increased competition and weaker consumer confidence in China.
Toyota's global sales, including that of subsidiaries Daihatsu Motor and Hino Motors, rose 0.4% in October compared with last year, the first uptick in three months.
BUSINESS / Companies
Nov 28, 2024
Toyota’s sales and output plateau on downturn in Japan and China
The world’s biggest carmaker has seen sales and output fall throughout the year as Japanese carmakers struggle to compete in China.
Zoom Video Communications has failed to impress investors with its latest sales forecast, who were expecting a bigger boost from the company’s expanded suite of products. An ongoing loss of consumers and small businesses from Zoom has also concerned investors, particularly since these customers are typically higher-margin than corporate clients.
BUSINESS / Tech
Nov 26, 2024
Zoom fails to impress investors with sales forecast for expanded lineup
While Zoom’s outlook met estimates, the stock had gained about 48% since the company’s last earnings report in August on optimism about the new products.
NVIDIA's founder and CEO Jensen Huang delivers a keynote address in San Jose, California, on Mar. 18.
BUSINESS / Tech
Nov 21, 2024
Nvidia's AI chip demand still booming but slowing sales worry investors
The company is in the middle of launching its powerful Blackwell artificial intelligence chips, which will weigh on gross margins initially but improve over time.
Kazuto Oku in Tokyo on Tuesday
BUSINESS / Economy
Nov 19, 2024
Norinchukin loss to exceed $9.7 billion as bank dumps foreign bonds
Traders and investors are closely watching how Norinchukin plans to reallocate its $304 billion investment portfolio.
Nissan and its group firms have about $1.6 billion of debt due next year, a slight decrease from 2024, but that figure will jump to around $5.6 billion in 2026, the most in Bloomberg-compiled data going back to 1996.
BUSINESS / Companies
Nov 15, 2024
Nissan faces record debt bill with one year left to fix finances
The automaker and its group firms are seen having about $5.6 billion in debt due in 2026.
Mizuho Financial CEO Masahiro Kihara during a news conference in Tokyo on Nov. 14
BUSINESS / Companies
Nov 14, 2024
Japan’s biggest banks raise profit goals, unveil buybacks
Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group now project a combined ¥3.7 trillion ($24 billion) in profit this fiscal year.
SoftBank returned to the black in the three months to September, as it benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
BUSINESS / Companies
Nov 12, 2024
SoftBank back to quarterly profit with ¥1.18 trillion gain
The tech giant benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
Japan must correct Trump’s false data for trade talks, says Kono
Former Foreign Minister Taro Kono
Japan wants to 'separate' tariff and security issues. That may be tough.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Naked man’s rampage in Saitama linked to one fatality and 10 injured
Police believe Daisuke Nishimura may have been involved in roughly 20 incidents in the 90 minutes leading up to his arrest, including a fatal hit-and-run and multiple assaults.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

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