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May 03, 2024
 

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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.
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.
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 23, 2016
Toshiba revises earnings results, plans to halve capital base
Toshiba Corp. has corrected fiscal 2015 earnings results released earlier in the month, as the industrial conglomerate reviewed its calculations of losses from its nuclear power business.
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 / Companies
Mar 24, 2016
Trading giant Mitsubishi projects first net loss since founding
Mitsubishi Corp., the nation's largest trading house, expects a net loss of ¥150 billion in fiscal 2015 — its first loss since it was established in 1954 and a setback from the ¥400.5 billion in net income logged the previous year.
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.
BUSINESS / Companies
Jan 29, 2016
Mitsui O.S.K. expects to sink into red ink for business 2015
Shipping giant Mitsui O.S.K. Lines Ltd. said Friday it will fall into the red in the business year ending in March after incurring huge restructuring costs amid deteriorating profitability on sluggish demand linked to China's economic slowdown.
BUSINESS / Companies
Nov 11, 2015
Sumitomo Mitsui Construction says it cannot estimate earnings impact of scandal
Sumitomo Mitsui Construction Co. said Wednesday it cannot estimate the impact on future earnings of a scandal that began with falsified data for pilings of a now-tilting condominium building.
Japan Times
BUSINESS / Companies
Nov 6, 2015
Asahi Kasei cuts profit target, says piles scandal hard to cost
Construction subcontractor Asahi Kasei Corp. lowered its annual forecast by 14 percent on Friday, but said the figure excludes a probe into its work on building foundations.
BUSINESS / Companies
Oct 29, 2015
Tepco second-quarter profit slides amid lower electricity use
Tokyo Electric Power Co., the operator of the Fukushima No. 1 nuclear power plant, reported a 26 percent decline in second-quarter operating profit due to fuel-price adjustments, as its users consumed less energy.
BUSINESS / Companies
Oct 26, 2015
Sharp slashes operating profit forecast on slumping demand in China
Sharp Corp. lowered its operating profit forecast on slumping demand for smartphone displays in China and said it will not forecast net income until the results of reforms are clearer.
Japan Times
BUSINESS / Companies
Sep 18, 2015
Pressure to show a profit led to Toshiba's accounting scandal
Manufacturing giant Toshiba Corp.'s president and seven other directors were forced to resign when an investigation revealed in July that the firm had doctored the books and had padded its profits over the past seven years to the tune of hundreds of billions of yen.
BUSINESS / Companies
Sep 14, 2015
Toshiba logs first-quarter net loss; sales at lowest since December 2012
Toshiba Corp. posted a net loss for the first quarter as sales of televisions and personal computers slumped and profit fell at its division that makes chips.
Japan Times
BUSINESS / Companies
Sep 1, 2015
Toshiba probing 10 new accounting issues, including at U.S. unit
Toshiba Corp. has uncovered 10 new cases of accounting problems, including at a U.S. unit, prompting it to miss a regulator's deadline for submission of its fiscal 2014 earnings release.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Saudi Arabia steps up Gaza-related arrests as Israel ties edge closer
The arrests for Gaza-related posts indicate Crown Prince Mohammed bin Salman’s regime will take a hard line against citizens not toeing the line when it comes to normalizing ties with Israel.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

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By Alex K.T. Martin

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