Related topics: sales · net profit · sony corp · fiscal year · operating profit

Fukushima operator TEPCO triples net loss forecast

Fukushima nuclear plant operator TEPCO on Monday slashed its outlook for the fiscal year to March, warning it expected to lose about $1.29 billion or almost three times an earlier estimate.

Panasonic, Sharp expect red ink despite yen help

Japanese electronics makers Panasonic Corp. and Sharp Corp. both stuck to full year forecasts for massive losses even as results for the latest quarter got a boost from the weaker yen.

Nintendo returns to profit, lowers sales forecasts

Japanese video game maker Nintendo Co. returned to the black for the first nine months of its business year and more than doubled its profit forecast for the full year, getting a perk from a weaker yen, despite pessimism ...

Sony reduces loss on sales recovery, restructuring (Update)

(AP)—Sony Corp. reported Thursday a smaller flow of red ink for the fiscal second quarter on a sales recovery and restructuring efforts and stuck to its full year forecast for a return to profit from its worst loss in company ...

Panasonic's red ink grows, forecasts loss for year

(AP)—Panasonic Corp.'s losses ballooned to 698 billion yen ($8.7 billion) for the fiscal second quarter as sales plunged in flat-panel TVs, laptops and other gadgets, and restructuring costs to turn itself around were proving ...

Nintendo trims red ink, lowers forecast for year

(AP)—Nintendo Co. narrowed its losses in the fiscal first half, but the Japanese game maker lowered its sales and profit forecasts for the full year ahead of the launch of its new Wii U home console.

Japan's NEC revises up profit forecast

Japanese information technology firm NEC said Friday it has revised its half year forecast from a loss to a healthy net profit, with reports saying demand for iPhones was helping the company.

Japan stem cell Nobel laureate to get research boost

Japan's Nobel prize-winning Shinya Yamanaka will likely get up to 30 billion yen ($383 million) for his stem cell research over the next decade, an official said Wednesday.

Sharp to cut 5,000 jobs as quarterly loss worsens

(AP) — Japanese electronics maker Sharp Corp. is slashing 5,000 jobs over the next year, or nearly 9 percent of its global workforce, after its quarterly loss ballooned from a year earlier.

Sony's loss grows, cuts earnings forecast

(AP) — Sony's red ink worsened in the April-June quarter and it lowered its full-year earnings forecast as it battles a strong yen and declining sales of liquid crystal display TVs and video game machines.

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