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Japan Times
BUSINESS / Companies
Apr 13, 2023
Uniqlo parent raises full-year outlook; sees China recovering
The retailer has become a bellwether in China, where it has around 900 stores, making it Fast Retailing's biggest foreign market.
Japan Times
BUSINESS / Companies
Apr 7, 2023
Samsung announces cut to memory chip output after worst profit since 2009
Operating profit plunged more than 95% to 600 billion won for the three months ended March, missing the average analyst estimate, while sales also fell.
Japan Times
BUSINESS
Mar 30, 2023
Toyota's global sales for February hit record high
Sales in Japan jumped 53.2% to 155,840 cars, following a slump the previous year due to a shortage of parts and the effects of coronavirus-related restrictions.
Japan Times
BUSINESS / Companies
Mar 9, 2023
Nomura cuts entertainment budget as rising costs hurt profit
The firm decided to cut its spending plan by about 30% for the current fiscal year following weak earnings in the first half, in a move that affects executives and senior managing directors.
Japan Times
BUSINESS / Companies
Feb 27, 2023
Toyota's global sales fall 5.6% in January as chip shortage continues
The global chip shortage continued to hit the world's largest automaker while the Lunar New Year holiday period in China, which fell in January this year, cut operating hours at its dealers.
Japan Times
BUSINESS / Companies
Feb 15, 2023
Bleak earnings and revolving leadership dampen prospects for Toshiba buyout
During an earnings report on Tuesday, Toshiba Vice President and CFO Masayoshi Hirata dodged questions surrounding any potential buyout developments.
Japan Times
BUSINESS / Companies
Feb 15, 2023
Rakuten Group logs ¥372 billion record loss as it builds mobile base stations
The cybermall and mobile phone group incurred a net loss for the fourth straight year.
Japan Times
BUSINESS / Companies
Feb 14, 2023
Japan's Idemitsu Kosan cuts full-year forecast on lower oil prices
The revision follows a similar step by Japan's top refiner Eneos Holdings, which last week slashed its full-year net profit forecast down by 58%.
Japan Times
BUSINESS
Feb 10, 2023
Honda beats estimates with 22% rise in third-quarter operating profit
Still, the automaker faced setbacks in China from the spread of COVID-19 and the chip shortage in the third quarter that extended into January, with some of its dealers temporarily closing.
Japan Times
BUSINESS / Companies
Feb 9, 2023
Toyota keeps profit forecasts despite supply chain headwinds
The world's top-selling automaker is still suffering production setbacks caused by the semiconductor shortage along with other industry players.
Japan Times
BUSINESS / Companies
Feb 7, 2023
SoftBank Vision Fund loses ¥660 billion as tech slump persists
A collapse in valuations last year has pummeled the global tech investor, which holds stakes in hundreds of startups.
Japan Times
BUSINESS / Companies
Feb 6, 2023
As tech slumps, SoftBank's Son spooks investors with plan to skip earnings call
The founder and chief executive of the world’s largest tech investor is bidding farewell to the presentations he’s led for decades, saying he would focus on taking chip designer Arm public.
Japan Times
BUSINESS / Companies
Feb 3, 2023
Airlines JAL and ANA both in the black in April-December period
Travel demand has recovered quickly after Japan largely relaxed its pandemic-related border restrictions in October.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Japan's ANA Holdings raises profit forecast as travel demand recovers
Competitor Japan Airlines also returned to profit, with pre-tax earnings of ¥24.7 billion through December from a loss of ¥188.7 billion the year before.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Panasonic cuts full-year outlook as costly raw materials weigh
The company faces challenges amid a tricky outlook for global growth as it looks to further build out its energy business.
Japan Times
BUSINESS
Jan 30, 2023
Toyota maintains title as world's No. 1 carmaker for third straight year
Group sales, which include those of its subsidiaries Daihatsu and Hino, were mostly flat at 10.5 million units for the year, the company said.
Japan Times
BUSINESS
Jan 20, 2023
Japan convenience store sales rose 3.7% in 2022 to hit all-time high
Same-store sales of major convenience store operators grew for the second consecutive year, thanks to robust sales of boxed lunches and rice balls.
Japan Times
BUSINESS
Jan 14, 2023
Japan retailers post improved nine-month earnings as COVID effects ease
Some retailers saw record net profits and sales as eased pandemic restrictions helped revive consumption.
Japan Times
BUSINESS
Jan 12, 2023
Uniqlo owner sticks to forecast while seeking to raise wages
Operating profit for the year ending August is forecast to reach u00a5350 billion ($2.7 billion), the clothing retailer said in a statement.
Japan Times
BUSINESS / Companies
Dec 26, 2022
Toyota global output reaches record high for November as supply crunch eases
Marking a fourth straight month of increases, Toyota said the supply-chain crunch for automobile parts caused by COVID-19 has now eased.

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