Nissan first-half profit slumps on rising costs
Japanese automaker Nissan on Thursday logged a 10.9-percent drop in net profit for the six months to September due to a decline in global sales and rising material costs.
Japanese automaker Nissan on Thursday logged a 10.9-percent drop in net profit for the six months to September due to a decline in global sales and rising material costs.
Business
Nov 8, 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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Japan's SoftBank Group said Monday it logged an eight-fold jump in net profit in the six months to September thanks to strong returns from its investment funds.
Business
Nov 5, 2018
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Japanese electronics giant Panasonic said Wednesday first-half net profit slipped on higher costs linked to a factory it runs with US electric carmaker Tesla, though sales rose thanks to growth in automotive products and ...
Business
Oct 31, 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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Japan's Honda Motor said Tuesday it was raising annual forecasts after first-half profits rose over 19 percent on brisk sales of motorcycles in Asia.
Automotive
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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Flea market app Mercari soared Tuesday as it debuted on the Tokyo Stock Exchange, a major success for a rare Japanese "unicorn"—a start-up valued over $1 billion.
Business
Jun 19, 2018
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