Panasonic upgrades earnings targets on cheap yen
Japanese electronics giant Panasonic on Monday upgraded its annual earnings targets thanks to a weak yen and robust demand for its automotive products.
Japanese electronics giant Panasonic on Monday upgraded its annual earnings targets thanks to a weak yen and robust demand for its automotive products.
Business
Feb 5, 2018
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Honda Motor on Friday nearly doubled its annual net-profit forecasts, citing strong growth in the sales of its cars and motorcycles, as well as US corporate tax cuts.
Business
Feb 2, 2018
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Sony said Friday its nine-month profit had soared more than tenfold, and upgraded its annual profit forecast, demonstrating that its roaring comeback is continuing.
Business
Feb 2, 2018
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Nintendo hiked its annual net profit forecast by more than 40 percent Wednesday after its popular Switch console flew off shelves during the holiday season, fuelled by a cheaper yen.
Business
Jan 31, 2018
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Japanese technology firm Fujifilm on Wednesday announced 10,000 job cuts by March 2020 in its Fuji Xerox subsidiary, which it said was facing an "increasingly severe" market environment.
Business
Jan 31, 2018
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Japanese video-game maker Nintendo said Monday that its net profit jumped 35 percent in April-September from a year earlier, helped by popularity of its Switch hybrid game machine and new releases.
Business
Oct 30, 2017
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SK Hynix Inc. says it will invest 395 billion yen ($3.5 billion) partly through convertible bonds to purchase Toshiba's memory chip unit.
Business
Sep 27, 2017
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Toyota Motor Corp. reported Friday that its fiscal first quarter profit rose 11 percent as sales improved around the world, including in the U.S., Europe and Japan.
Business
Aug 4, 2017
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Money-losing Japanese electronics and nuclear company Toshiba Corp. has until Aug. 10 to get auditors to sign off on its earnings statements, or else it faces the risk of getting delisted.
Business
Jun 23, 2017
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Japanese internet, robot and solar company SoftBank Group is reporting a 12-fold climb in quarterly profit, as a turnaround at its U.S. mobile unit Sprint helped it on its way to a record annual profit.
Business
May 10, 2017
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