Japanese videogame giant Nintendo on Thursday posted its first annual loss since becoming a public company, blaming a soaring yen and price cuts on its consoles for sinking it $530 million into the red.
Business
Apr 26, 2012
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Toshiba plans to cut 7,800 jobs, mostly in its consumer-electronics business, as it reorganizes in the face of projected record losses for the current fiscal year.
Business
Dec 21, 2015
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Japanese electronics giant Sony said on Thursday that its net loss from April to December shrank 75 percent on-year and added that it remains on track to achieve its forecast of a full-year profit.
Business
Feb 7, 2013
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Japan's electronics giants Sony and Sharp on Thursday indicated better times ahead after announcing improved quarterly results thanks to an overhaul of their businesses and a weaker yen.
Business
Aug 1, 2013
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Japan's NEC said Wednesday it fell into the red in the six months to September because of lower sales and losses on its exit from the smartphone business.
Business
Oct 30, 2013
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(AP) -- Panasonic Corp., which faces a tough road this year after Japan's earthquake, tsunami and nuclear crisis, believes it can turn disaster into opportunity as the country rethinks its energy policy.
Business
May 20, 2011
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(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.
Business
Oct 24, 2012
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Japan's Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand, and acquisition costs.
Business
Feb 3, 2012
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(AP) -- Nintendo Co. sank to losses for the April-December period, battered by a price cut for its 3DS handheld, a strong yen that erodes overseas earnings and competition from mobile devices such as the iPhone that offer ...
Business
Jan 26, 2012
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Nintendo has been unable to arrest a slide in console sales as more people play games on smartphones and tablets. The company's apparent solution? A move into health care.
Business
Jan 30, 2014
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