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May 15, 2025
 

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FINANCIAL

BUSINESS / Companies
Jul 28, 2016
Komatsu quarterly profit down 52% on weak demand
Construction and mining equipment manufacturer Komatsu Ltd., which last week made a $2.89 billion offer for Joy Global Inc., said first-quarter profit fell 52 percent as demand languished in markets such as the Middle East and Indonesia and the stronger yen crimped overseas revenue.
BUSINESS / Companies
Jul 28, 2016
SoftBank profit rises on proceeds from Alibaba stake sale
SoftBank Group Corp.'s first-quarter profit rose 19 percent as proceeds from selling part of its stake in Alibaba Group Holding Ltd. helped offset losses at Sprint Corp.
EDITORIALS
Jul 26, 2016
Misconduct by adult guardians
Financial misconduct by lawyers and others serving as guardians for incapacitated adults risks ruining public trust in the adult guardianship system.
Japan Times
BUSINESS / Companies
Jul 7, 2016
Mizuho to spur small-business advisory income by adding 200 more bankers
Mizuho Financial Group Inc. is increasing its pool of bankers who advise small Japanese businesses on matters ranging from investing to going public as part of a push to spur fee income at the nation's third-biggest banking group.
Japan Times
BUSINESS / Companies
Jun 22, 2016
Mitsubishi Motors sees first loss in eight years amid scandal
Mitsubishi Motors Corp. forecast its first loss in eight years after setting aside compensation costs related to manipulating fuel-efficiency ratings and falsifying test data.
BUSINESS / Companies
May 30, 2016
Mizuho CEO says higher fee income will offset negative rates
Mizuho Financial Group Inc. is counting on fee businesses to make up for lower returns from lending and bond investments in the wake of the Bank of Japan's decision to adopt a negative interest-rate policy.
Japan Times
BUSINESS
May 26, 2016
The whispered numbers that tip off Japan traders have suddenly become taboo
For years, it's been one of the Tokyo stock market's biggest open secrets: By the time companies reveal their earnings to the public, the most plugged-in traders have known the numbers for weeks.
BUSINESS / Companies
May 17, 2016
Mitsubishi UFJ projects 11% lower profit amid negative rates
Mitsubishi UFJ Financial Group Inc. sees full-year profits falling 11 percent as negative interest rates squeeze loan profitability and the costs of bad loans increase.
BUSINESS / Companies
May 12, 2016
Sharp's losses, liabilities underscore challenge for Hon Hai
Sharp Corp. posted a second straight annual loss and said its liabilities exceeded its assets, highlighting the turnaround challenge facing new owner Hon Hai Precision Industry Co., also known as Foxconn Technology Group.
Japan Times
BUSINESS / Companies
May 12, 2016
McDonald's Japan quarterly loss narrows after menu changes
McDonald's Holdings Co. (Japan)'s first-quarter loss narrowed as the fast-food chain won back some customers after being hit by a series of food safety scandals.
Japan Times
BUSINESS / Companies
Apr 27, 2016
Mitsubishi skips forecast, says domestic orders have halved
Mitsubishi Motors Corp. on Wednesday abstained from releasing a forecast for fiscal 2016 as a scandal involving falsified fuel efficiency figures threatened to be a road wreck for the automaker.
BUSINESS / Companies
Apr 27, 2016
Nomura suffers net loss in fourth quarter, first in red since 2011
Nomura Holdings Inc., Japan's biggest brokerage, said it slid to its first quarterly net loss since 2011 as its wholesale division fell into the red, its retail division weakened and its overseas operations lost money for a sixth straight year.
BUSINESS / Economy
Mar 21, 2016
China sought urgent advice from Fed to deal with 2015 market plunge
China's central bank last year asked the U.S. Federal Reserve to share its playbook for dealing with Wall Street's 1987 crash, emails show.
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.
Japan Times
BUSINESS / Companies
Jan 21, 2016
Mizuho to sideline old boys' network in next CEO selection vote
Mizuho Financial Group Inc. is doing away with the kind of opaque leadership selection process that's common in the nation, vowing to ensure its next chief executive is chosen openly and fairly.
Transport ministry issues warning to Haneda Airport operator
The operator of Tokyo's Haneda Airport has been warned by the government over its inappropriate transactions.
Success of Chinese-made fighter jets against India raises alarm in Asia
Chinese J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, in November 2015.
One month on, Osaka Expo urged to boost heat and crowd control measures
A gate to the Osaka Expo site is crowded with visitors on Monday.
Xi defiance pays off as Trump meets most China trade demands
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
Japanese retailers turn to California rice for cheaper alternative
U.S. Ambassador to Japan George Glass eats California rice at the U.S. Embassy in Tokyo on Tuesday along with Mitsuko Tsuchiya, vice president of retailer Aeon.
Sumo title contenders already emerging in early stages of Tokyo meet
Onosato (left) battles Abi on Day 3 of the Summer Basho in Tokyo on Tuesday.
Harmfully hot days for pregnant women in Japan nearly doubled over past five years
New research by a U.S. climate scientists’ group reveals that extreme heat has increased the risks of preterm births and other pregnancy complications in Japan, nearly doubling the number of days that are harmfully hot for pregnant women over the past five years.
Japanese automakers looking at a ¥1 trillion hit from Trump tariffs 
Cars on display at Nissan's headquarters in Yokohama on Tuesday. The automaker posted a massive annual net loss and confirmed that it plans to cut thousands of jobs worldwide.
Tokyo Stock Exchange wants stocks to be affordable for the average investor
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
Consumption tax set to dominate Upper House election debate
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.

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