Operating profit rose 7% to ¥157.6 billion for the three months ended November from a year earlier, with sales increasing to ¥895.2 billion. Read more
The world’s biggest carmaker has seen sales and output fall throughout the year as Japanese carmakers struggle to compete in China. Read more
Nonfinancial companies’ internal reserves at the end of fiscal 2023 grew 8.3% from a year earlier, topping ¥600 trillion for the first time. Read more
Sony Group on Wednesday lifted its net profit forecast for the year ending March to ¥920 billion ($6.1 billion) from an earlier estimate of ¥880 billion thanks to its robust finance business... Read more
Toyota raised its annual net profit forecast to a record high on Tuesday, reporting strong sales in all regions in the first three quarters as the global semiconductor shortage eases. Read more
Fast Retailing said on Thursday that strong overseas sales drove a 25% rise in first quarter operating profit, as the Uniqlo operator charts a third-straight year of record earnings. Read more
Toyota is poised to keep its title as the world’s best-selling carmaker, beating Volkswagen for the fourth consecutive year after steady demand across North America and Europe helped sales a... Read more
Toyota said on Wednesday that its October global vehicle production hit a record for that month, helped by an easing of the semiconductor shortage and defying the impact of an accident at a... Read more
X, the social media company formerly known as Twitter, could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaig... Read more
Japan’s biggest banks unveiled plans to boost shareholder returns after posting record first-half profits, thanks in part to a cheaper yen. Read more
