Sony more than doubles net loss forecast to $6.4 bn
Japan's Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.
Japan's Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.
Business
Apr 10, 2012
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Japanese video game maker Nintendo Co.'s third-quarter profit more than doubled from a year earlier on healthy sales of Pokemon game software, the company said Tuesday.
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Jan 31, 2017
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Sony posted a $1.4 billion annual profit Thursday, boosted by strong sales of its PlayStation console, but analysts warned that slowing smartphone demand could hit a lucrative business that makes key parts for mobile devices.
Business
Apr 28, 2016
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Japanese video-game maker Nintendo Co. reported a 24 billion yen ($216 million) loss for January-March Wednesday, bigger than the loss it reported the previous year.
Business
Apr 27, 2016
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The Taiwanese company that assembles Apple's iPhones agreed Wednesday to buy control of financially struggling Sharp Corp. for $3.5 billion in the first takeover of a major Japanese electronics producer by a foreign company.
Business
Mar 30, 2016
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Troubled Japanese electronics maker Sharp plans to decide within a month between investment offers from Taiwanese company Hon Hai, also known as Foxconn, or a consortium of Japanese investors.
Business
Feb 4, 2016
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Nintendo said Tuesday its operating profit soared, as it pointed to strong demand for Wii U console games including shoot-em-up hit "Splatoon", but holiday sales fell and the positive impact of a weak yen hit its bottom line.
Business
Feb 2, 2016
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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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Toyota's quarterly profit rose 13.5 percent to 611.7 billion yen ($5.0 billion) and the automaker kept its annual earnings forecast unchanged despite trimming its expectations for vehicle sales.
Business
Nov 5, 2015
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Nintendo Co. posted a 3.17 billion yen ($26.3 million) profit for the fiscal second quarter, buoyed by sales growth of portable video game machines and software titles.
Business
Oct 28, 2015
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