Nintendo reports $350 million profit, reversal from red ink

Nintendo Co. reported a net profit of 41.8 billion yen ($350 million) for the fiscal year through March, a reversal from deep losses the previous year, as it reshapes its troubled business with a long-delayed foray into smartphone ...

NEC profit jumps 70% after smartphone overhaul

Japan's NEC said Tuesday its fiscal-year net profit jumped nearly 70 percent, boosted by a weaker yen and growth in its public-sector infrastructure business.

Nintendo's nine-month profit jumps on cheap yen

Nintendo reported a nearly six-fold increase in profit for the first three quarters of the fiscal year Wednesday and raised its earnings forecast as a cheap yen masked weak sales.

Toyota raises forecast on profit jump, weak yen

Toyota raised its annual earnings forecast after posting a 23 percent jump in quarterly profit Wednesday as a favorable exchange rate added to the momentum of the Japanese automaker's sales growth.

Sony's quarterly loss balloons on mobile woes

Sony's losses ballooned to 136 billion yen ($1.2 billion) last quarter as the Japanese electronics and entertainment company's troubled mobile phone division reported huge red ink.

Sony forecasts $2B loss as smartphones lag (Update)

Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.

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