Sharp projects first profit in four years on Foxconn's cost cuts
Sharp said on Friday it expects to report its first net profit in four years in the year through March 2018 due in part to cost-cutting under the aegis of Taiwan's Hon Hai Precision Industry (Foxconn). The liquid crystal display manufacturer forecast profit of ¥59 ...
While most winter weather reports broadcast the likelihood of snow, wind or ice, meteorologists in Sapporo forecast the slipperiness of pavement to help pedestrians walk safely in the cold. A certified forecaster at the Japan Weather Association, Fumiyoshi Kawamura, 47, takes turns with five colleagues ...
Toshiba more than doubles profit outlook as yen drives sales
Toshiba Corp. raised its forecast for first-half operating profit to ¥70 billion from ¥30 billion, crediting growth in storage and electronic devices for a more than doubling of its earnings outlook. A weaker-than-expected yen and sales of hard drives and smartphone memory are the main ...
The Japanese economy is expected to grow about 1.7 percent in real terms in fiscal 2016 starting next April, led by recovering consumer spending and solid capital investment, the government said Tuesday. In nominal terms, gross domestic product will likely expand around 3.1 percent in ...
The Organization for Economic Cooperation and Development on Wednesday upgraded its growth outlook for the economy for 2015 and 2016, aided by lower oil prices that are expected to boost global demand. In its interim economic assessment report, the Paris-based organization said Japan's economy is ...
Honda cuts profit forecast due to weak sales, cost of recalls
Honda Motor Co. on Friday lowered its earnings estimates for the business year through March, citing weak sales in Japan and China as well as the cost of global recalls linked to air bags provided by Takata Corp. The carmaker now expects a group net ...
Uniqlo parent cuts forecast again after U.S. denim fails to take off
Fast Retailing Co., Asia's biggest clothing retailer, cut its annual profit forecast for a second time this fiscal year after suffering losses at its J Brand premium denim unit in the United States. The maker of Uniqlo casual apparel said net income will probably be ...
Sony expected to lower profit outlook again
Nintendo Co. shocked investors last week by lowering its profit forecast for the year. Analysts are concerned Sony Corp. could be next. At least nine analysts cut their profit estimates for Sony over the past two months after slow holiday sales of televisions, personal computers ...
Economists are projecting that the economy grew at an annualized rate of around 3 percent in the three months to June, surpassing the government's growth target for raising the consumption tax next April. The projections, offered in terms of inflation-adjusted gross domestic product, were revealed ...
Toshiba Corp. on Wednesday forecast a 29 percent gain in full-year profit on higher demand for semiconductors and power equipment. Net income may be ¥100 billion for the year ending March 31, compared with ¥77.5 billion a year earlier, the company said in a statement. ...
IMF lifts 2013 Japan growth forecast to 1.6%, citing BOJ easing steps
The International Monetary Fund sharply raises its growth estimate for Japan, saying the central bank's new monetary easing policy will provide substantial stimulus.
IMF lifts 2013 Japan growth forecast to 1.6%, citing BOJ easing steps
The International Monetary Fund sharply raises its growth estimate for Japan, saying the central bank's new monetary easing policy will provide substantial stimulus.
