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May 03, 2024
 

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Japan Times
BUSINESS / Companies
Jul 13, 2023
Uniqlo owner posts record Q3 profit and raises forecast on China recovery
Fast Retailing has 925 Uniqlo outlets in mainland China — more than in Japan — making it a bellwether for a retail market that was hammered by tough COVID-19 restrictions.
Japan Times
BUSINESS
Jul 3, 2023
Tesla and BYD post record sales on demand for electric vehicles
Elon Musk’s vow to chase volume by cutting prices seems to have worked, but BYD still dominates the Chinese market with fresher lineup and increasingly global ambitions.
Japan Times
BUSINESS / Tech
Jun 29, 2023
Micron delivers strong forecast in sign that glut is easing
Sales will be as much as $4.1 billion in the fiscal fourth quarter, the company said in a statement. That compares with an average analyst estimate of $3.87 billion.
Japan Times
BUSINESS / Companies
Jun 10, 2023
Major Japan firms expect FY2023 net profit to rise 4% to record high
Domestic companies are expected to see combined net profits rise to ¥42.9 trillion ($307 billion) this fiscal year, a third straight record year led by the auto sector, a survey has found.
Japan Times
BUSINESS / Companies
May 30, 2023
Toyota sets April global output record as pandemic impact recedes
Its production outside Japan increased 14.7% to 514,738 vehicles, also a record high for April, with output in China surging 51.9%.
Japan Times
BUSINESS / Companies
May 18, 2023
Nomura slashes profit targets across board, plans major review
The moves underscore the challenges for Nomura leadership as rate hikes and geopolitical tensions dampen investor sentiment.
Japan Times
BUSINESS
May 12, 2023
Toshiba posts 35% decline in full-year net profit
The firm has said a planned takeover bid that is expected to take the company private will likely start in late July.
Japan Times
BUSINESS
May 12, 2023
Nissan profit outlook tops projections as cost cuts bear fruit
Operating profit will be ¥520 billion ($3.9 billion) for the period through March 2024, the Yokohama-based company said Thursday.
Japan Times
BUSINESS
May 11, 2023
Honda's net profit falls 1.7% in fiscal 2022 as China and U.S. sales slow
Honda said its net profit for the fiscal year ended March fell 1.7% from a year earlier to ¥695.27 billion ($5.2 billion).
Japan Times
BUSINESS / Companies
May 11, 2023
SoftBank Vision Fund loses ¥4.3 trillion on weak startup values
Many of the privately held companies that SoftBank’s invested in are not yet profitable, while the IPO market remains lackluster.
Japan Times
BUSINESS / Companies
May 10, 2023
Toyota beat profit forecast in fiscal '22, upbeat on sales for year ahead
The world's top-selling automaker said it also expects profit to increase in the year ahead on 'improvements in semiconductor supply and the efforts of production sites.'
Japan Times
BUSINESS
May 10, 2023
Mitsubishi Motors to stick with China despite poor sales
The automaker’s retail sales in China dropped to 32,000 units in the third quarter, and those numbers are expected to decline again for the quarter that ended in March.
Japan Times
BUSINESS / Companies
May 9, 2023
Nintendo warns sales of Switch consoles to slow further this year
Nintendo said on Tuesday that it sold 17.9 million Switch units in the year to March and reported operating profit of ¥93.8 billion for the quarter on Tuesday.
Japan Times
BUSINESS / Companies
May 2, 2023
Japan Airlines' annual net profit returns to black
The carrier said net profit for the year to March was ¥34.4 billion — a turnaround from a net loss of ¥177 billion in the previous financial year.
Japan Times
BUSINESS
Apr 28, 2023
Sony casts doubt on PlayStation momentum with cagey outlook
The Tokyo-based firm said it expects operating income of ¥1.17 trillion ($8.7 billion) in the year ending March 2024, below average analyst estimates of ¥1.27 trillion.
Japan Times
BUSINESS
Apr 27, 2023
Three Japanese utilities report combined ¥134 billion loss on high fuel prices
Having nuclear power among its energy sources helped Kansai Electric Power to manage a net profit of ¥17.7 billion but it was still 79% lower than in the 2021 fiscal year.
Japan Times
BUSINESS / Companies
Apr 27, 2023
ANA bounces back from COVID with first annual profit since 2020
Japan’s biggest airline also gave a better-than-expected forecast for the coming year.
Japan Times
BUSINESS / Companies
Apr 27, 2023
Toyota hits record annual sales as production recovers
Its worldwide vehicle sales for fiscal 2022 rose 1.0% from the previous year to 9.61 million units and global output increased 6.5% to 9.13 million cars.
Japan Times
BUSINESS / Companies
Apr 27, 2023
Nomura profit falls for third straight year under CEO Kentaro Okuda
Muted client sentiment and lackluster deal-making weighed on revenue at the Japanese brokerage while its overseas operations have now lost money in 10 out of the past 12 years.
Japan Times
JAPAN / Science & Health
Apr 20, 2023
Japan health insurance societies to log record loss in fiscal 2023
The National Federation of Health Insurance Societies, or Kenporen, said that its member societies are expected to log a record loss in fiscal 2023.
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.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
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.
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.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

When trying to trace your lineage in Japan, the "koseki" is the most important form of document you'll encounter.
Climbing the branches of a Japanese family tree
By Alex K.T. Martin

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