Toshiba chairman resigns over huge nuclear business loss
Toshiba Corp.'s chairman resigned Tuesday after the company logged such massive losses in its nuclear business that it must sell its lucrative computer-chip business to avoid going belly-up.
Toshiba Corp.'s chairman resigned Tuesday after the company logged such massive losses in its nuclear business that it must sell its lucrative computer-chip business to avoid going belly-up.
Business
Feb 14, 2017
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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.
Business
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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