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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Profits at Japanese car giant Toyota hit the skids despite record sales, the company admitted Wednesday, although it said it expected to accelerate out of trouble in the year ahead.
Business
May 8, 2019
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Japan's Sony said Friday that robust games and entertainment divisions had pushed annual profits to a second consecutive record high but warned of a looming downturn in its bottom line.
Business
Apr 26, 2019
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Nintendo said Thursday its net profit jumped nearly a quarter for the nine months to December, riding out the crucial holiday season thanks to blockbuster game titles for its popular Switch console.
Business
Jan 31, 2019
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Japanese technology giant SoftBank celebrated the world's second-biggest IPO for its mobile unit Wednesday but the newly traded shares endured a torrid time in their debut session, plunging nearly 15 percent.
Business
Dec 19, 2018
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The boss of struggling Toshiba said Thursday he would cut 7,000 jobs over the next five years as the Japanese engineering firm pulled out of foreign investments and downgraded its annual profit forecasts.
Business
Nov 8, 2018
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Toyota Motor Corp. reported a 28 percent surge in the last quarter on growing sales in Europe, Asia and the Americas and cost cutting. It raised its profit forecast for the full year.
Business
Nov 6, 2018
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Sony on Tuesday announced its six-month net profit had nearly doubled from last year to a new record, and upgraded its annual forecasts, with games and movies leading the way.
Business
Oct 30, 2018
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Two major construction companies were Monday ordered to pay fines totalling more than $3 million for colluding to win contracts on Japan's multi-billion-dollar maglev project.
Business
Oct 22, 2018
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Japanese electronics giant Panasonic said Tuesday its first-quarter net profit jumped more than 17 percent thanks to growth in its automotive-related business.
Business
Jul 31, 2018
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