Tag - financial

 
 

FINANCIAL

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.
BUSINESS / Markets
Feb 10, 2020
Japanese asset manager awaits flood of money from regional banks
Japanese financial conglomerate SBI Holdings Inc. anticipates a flood of money from yield-starved regional banks that need help reinvesting cash after redeeming government bonds.
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.

Longform

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