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JAPAN

Toshiba's profits of ¥30,8bn in six months
Toshiba's profits of ¥30,8bn in six months

TOKYO, JAPAN: Toshiba said its half-year net profit rose by about 43% from a year ago, largely owing to a weak yen and strong sales in its infrastructure business.

31 Oct 2014 09:53

JAPAN

Fujitsu's profits up by 31,5%
Fujitsu's profits up by 31,5%

TOKYO, JAPAN: Fujitsu said its half-year net profit jumped by nearly a third on rising IT investments among Japanese firms, but a recent economic downturn took a toll on results in the September quarter.

31 Oct 2014 09:03

JAPAN

Japan Display warns of enormous losses
Japan Display warns of enormous losses

TOKYO, JAPAN: Shares in Apple supplier Japan Display slumped more than 18% in Tokyo after the world's biggest manufacturer of screens for smartphones and tablets warned it would post an annual net loss.

17 Oct 2014 10:55

JAPAN

Huge demand for iPhone 6 from Chinese buyers
Huge demand for iPhone 6 from Chinese buyers

TOKYO, JAPAN: Buyers from China, deprived of the latest iPhone launch at home, were among the first in line in Japan to grab the iPhone 6.

22 Sep 2014 09:22

JAPAN

Sony warns it will lose $2.14bn this year
Sony warns it will lose $2.14bn this year

TOKYO, JAPAN: Sony has said the company will lose at least $2.14bn this fiscal year, more than four-times its earlier forecast and blamed a downturn in its mobile phone business for the losses.

18 Sep 2014 10:17

JAPAN

Nintendo's loses $97m in three months
Nintendo's loses $97m in three months

TOKYO, JAPAN: Japanese videogame manufacturer Nintendo posted a $97 million quarterly net loss, with higher costs tied to sales of its Wii U console hurting into its bottom line as worldwide sales weakened.

31 Jul 2014 09:56

JAPAN

Toyota's fuel cell car will cost $70 000
Toyota's fuel cell car will cost $70 000

TOKYO, JAPAN - Japanese car manufacturer Toyota will start selling its first fuel cell sedan in March next year with a price tag of around ¥7m ($70 000).

26 Jun 2014 09:31

JAPAN

Nissan new e-NV200 electric car
Nissan new e-NV200 electric car

YOKOHAMA, JAPAN: Nissan has unveiled its second all-electric vehicle, the e-NV200, the Japanese car manufacturer's latest push into the eco-friendly car sector despite disappointing sales.

10 Jun 2014 09:25

JAPAN

Toyota recalls 520,000 vehicles globally
Toyota recalls 520,000 vehicles globally

TOKYO, JAPAN: Toyota has recalled about 520,000 vehicles, mostly in North America, over several issues including cable corrosion that could see unused spare tyres fall off.

27 May 2014 11:10

JAPAN

Sony counting on high-definition television for rescue
Sony counting on high-definition television for rescue

TOKYO, JAPAN: Sony's Chief Executive, Kazuo Hirai pledged to drag the embattled electronics company out of a painful restructuring in the current fiscal year using its high-definition technology as a possible saviour for its money-losing TV unit.

23 May 2014 09:16

JAPAN

No clear winner in Samsung-Apple court battle in Japan
No clear winner in Samsung-Apple court battle in Japan

TOKYO, JAPAN: A Japanese court ruled that Samsung could seek minimal damages from Apple for patent infringement, with both sides claiming victory in the legal skirmish over the design of their smartphones.

19 May 2014 11:08

JAPAN

Sony issues battery-fire warning for Vaio laptops
Sony issues battery-fire warning for Vaio laptops

TOKYO, JAPAN: Sony has warned customers to stop using its new Vaio Fit 11A laptops because of an overheating battery problem that poses a fire risk. The company may recall the models.

14 Apr 2014 09:22

JAPAN

Loss-saddled Sony to sell its Tokyo buildings
Loss-saddled Sony to sell its Tokyo buildings

TOKYO, JAPAN: Sony will sell properties at a prestigious Tokyo site where it had its headquarters for six decades, as the once-world beating firm struggles to improve its bottom line.

3 Mar 2014 06:02

JAPAN

Nissan profits from rise in North America, China sales
Nissan profits from rise in North America, China sales

TOKYO, JAPAN: Japanese car manufacturers Nissan said its nine-month net profit jumped 18.4% as it benefited from a weaker yen and accelerating sales in North America and China.

11 Feb 2014 07:54

JAPAN

Sony cuts 5,000 jobs, exits PC business after US$1bn loss
Sony cuts 5,000 jobs, exits PC business after US$1bn loss

TOKYO, JAPAN: Sony warned it would record a US$1.08bn annual loss and cut 5,000 jobs while exiting the stagnant PC market this year as the once-mighty electronics company struggles to reinvent itself in the digital age.

7 Feb 2014 09:21

JAPAN

Panasonic, Sharp point to better times ahead
Panasonic, Sharp point to better times ahead

TOKYO, JAPAN - Japan's Panasonic and Sharp on Tuesday, 4 February, pointed to better times ahead as earnings improved thanks to an overhaul of their businesses and the yen's decline, but the recovery was held back by weak sales of consumer gadgets.

5 Feb 2014 06:32

JAPAN

Canon misses profit forecast on poor camera sales
Canon misses profit forecast on poor camera sales

TOKYO, JAPAN: Japan's Canon said that it missed its full-year profit target because of a slump in demand for its digital cameras as consumers increasingly turn to smartphones to take pictures.

30 Jan 2014 07:45

JAPAN

Toyota's net profit surges by 82.5%
Toyota's net profit surges by 82.5%

TOKYO, JAPAN: Toyota that its net profit for the first six months rose by 82.5% causing it to adjust its annual earnings forecast as a weak yen and improving sales in North America boosted its bottom line.

8 Nov 2013 07:55

JAPAN

Honda's profits higher on weak yen
Honda's profits higher on weak yen

TOKYO, JAPAN: Honda said its net profit rose by 46.4% in the three months to September as Japan's third largest manufacturer benefited from a weaker yen and stronger North America sales.

1 Nov 2013 09:55

JAPAN

Japan's SoftBank net profit up 84%
Japan's SoftBank net profit up 84%

TOKYO, JAPAN: Japan's SoftBank said on Thursday, 31 October, its net profit rose 84.1% year-on-year to US$4.0bn in the six months to September, boosted by strong demand for iPhones and other smartphones.

1 Nov 2013 08:10

JAPAN

Japan says parts export to UK navy not illegal
Japan says parts export to UK navy not illegal

TOKYO, JAPAN: Japan has approved the sale of engine parts for use by the British Royal Navy, saying it would not violate arms exports by Tokyo, press reports said Monday (14 October).

15 Oct 2013 07:50

JAPAN

Olympus pays investors US$2.6m over accounting scandal
Olympus pays investors US$2.6m over accounting scandal

TOKYO, JAPAN: Japanese camera company Olympus agreed to pay US$2.6m to settle a US investor claim stemming from a huge accounting scandal that hammered its shares.

1 Oct 2013 07:38

JAPAN

Panasonic to abandon consumer smartphones
Panasonic to abandon consumer smartphones

TOKYO JAPAN: Japanese electronics company Panasonic says it will abandon research into new smartphones for retail consumers at home as it struggles to make inroads in a sector dominated by Apple and Samsung.

27 Sep 2013 10:58

JAPAN

Game consoles remain despite smartphones

TOKYO, JAPAN: Games on tablets and smartphones are better, faster and more varied than ever, but the excitement surrounding the upcoming PlayStation 4 -- expected to attract big crowds at this week's Tokyo Game Show -- proves consoles are here to stay, say observers.

18 Sep 2013 07:37

JAPAN

Sony plans first foreign-led PlayStation launch
Sony plans first foreign-led PlayStation launch

TOKYO, JAPAN: Sony said on Monday, 9 September, it would sell its new PlayStation 4 games console in Japan next year after its US launch, the first time its declining home market has taken second place.

10 Sep 2013 10:39

JAPAN

Japan's Suntory in talks to buy GSK drink brands
Japan's Suntory in talks to buy GSK drink brands

TOKYO, JAPAN: Japanese drinks giant Suntory Holdings is in advanced talks to buy the Lucozade and Ribena soft drinks brands for a possible US$1.56bn from British drugs firm GlaxoSmithKline, a report said Friday (6 September).

7 Sep 2013 07:51

JAPAN

Strong Chinese demand to pull global car market: Moody's
Strong Chinese demand to pull global car market: Moody's

PARIS, FRANCE: Global car sales will grow by 4.8% next year pulled by unexpectedly strong demand in China, the credit rating agency Moody's forecast on Wednesday (4 September).

6 Sep 2013 07:30

JAPAN

Sony - out of red and back in black
Sony - out of red and back in black

TOKYO, JAPAN: Japan's electronics company Sony said on Thursday (1 August) it had swung back to a net profit of US$35m for the April to June quarter, while boosting its annual sales forecast.

1 Aug 2013 12:36

JAPAN

Nissan's profits up 14% in June quarter
Nissan's profits up 14% in June quarter

TOKYO, JAPAN: Japanese car manufacturer Nissan said on Thursday, 25 July that its net profit rose 14% in the April to June quarter as sales in North America grew while a weaker yen boosted its bottom line.

26 Jul 2013 09:02

JAPAN

Prius, Lexus models recalled worldwide
Prius, Lexus models recalled worldwide

TOKYO, JAPAN: Toyota Motors will recall 242,000 Prius and Lexus hybrid cars globally because of a braking problem, the company said Wednesday (5 June), adding that it was not reported to have caused any accidents.

6 Jun 2013 10:38

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