Nikkei (Free subscription) | 05/14/2008
Thursday, May 15, 2008ANALYSIS: Game, LCD TV Ops Hold Key To FY08 At SonyTOKYO (Nikkei)--Even as it failed to reach its goal of raising its profit margin to 5%, Sony Corp. (6758) managed to post a record group net profit for the fiscal year ended March 31, thanks to an earnings recovery in its electronics segment.
Nikkei (Free subscription) | 05/13/2008
Tuesday, May 13, 2008Tokyo Electron Jan-Mar Group Net Profit Sinks To Y18.2bnTOKYO (Dow Jones)--Tokyo Electron Ltd. (8035) said Tuesday its net profit for the January-March quarter sank 33% on year, weighed down by weak sales in Japan and South Korea.
Seeking Alpha (Free subscription) | 05/12/2008
With foreign investors accounting for upwards of 60% of market trading value and over 30% of total stock ownership, it is not an exaggeration to say that the fate of Japanese stocks is in the hands of foreign institutional investors. Yet management teams of most Japanese companies are at best ambivalent and at worst xenophobic about foreign investors, and are again increasing cross-holdings as well...
Nikkei (Free subscription) | 05/09/2008
Friday, May 9, 2008Takeda's Pretax Profit To Fall By Half In FY08 On Merger CostsOSAKA (Nikkei)--Takeda Pharmaceutical Co. (4502) said Friday that consolidated pretax profit will likely come to 260 billion yen in the year ending March 31, 2009, down 52% on the year.
Nikkei (Free subscription) | 05/08/2008
Thursday, May 8, 2008Takefuji FY Group Net Y14.11B Vs Loss Y481.27BTOKYO (Dow Jones)-- Two large Japanese consumer loan firms said Thursday that they swung back into the black for the 12 months ending March 2008 after racking up huge losses last financial year.
Nikkei (Free subscription) | 05/02/2008
Saturday, May 3, 2008S'tomo Elec FY08 Pretax Profit To Be Flat On Strong YenTOKYO (Nikkei)--Sumitomo Electric Industries Ltd.'s (5802) fiscal 2008 consolidated pretax profit is likely to be mostly flat at 169 billion yen or so.
Law Blog - WSJ.com (Free subscription) | 04/29/2008
Daiwa Securities posted its first quarterly loss in five years, while Japanese banks Mizuho and SMFG reported mortgage-related damage as well.
Seeking Alpha (Free subscription) | 04/28/2008
Escaping Japan's potential value trap requires good corporate governance. The Nikkei 225 has already rebounded some 18% from March 17 lows. While the economic and profit environment continues to deteriorate, foreign investors, the major drivers of Japanese stock prices, have again returned as net buyers from April. With any luck, the Nikkei 225 could see a bullish “golden cross” with the 13-week MA...
Nikkei (Free subscription) | 04/25/2008
Takeda To Cancel 6.42% Of Own Shares May 23TOKYO (Dow Jones)--Takeda Pharmaceutical Co. (4502) said Friday it will cancel 57.1 million of its 57.3 million treasury stocks on May 23.
Nikkei (Free subscription) | 04/25/2008
Honda Profit Squeezed By High Yen, Tax ProvisionsTOKYO (Dow Jones)--Honda Motor Co. (7267) on Friday reported an 86% slide in net profit for the January-March quarter, squeezed by the yen's strength and tax payment provisions.
Nikkei (Free subscription) | 04/25/2008
Mazda Profit Soars On Robust European SalesTOKYO (Dow Jones)--Mazda Motor Corp. (7261) said Friday that its net profit grew 48% in the January-March quarter as it boosted sales in Europe and other regions.
Nikkei (Free subscription) | 04/24/2008
JFE FY07 Group Net Profit Falls 13% On Loss ProvisionsTOKYO (Dow Jones)--JFE Holdings Inc. (5411) said Thursday its net profit declined 13% in the fiscal year ended March as it set aside provisions for future losses from its engineering-related business.
Nikkei (Free subscription) | 04/23/2008
Thursday, April 24, 2008Top 2 Paper Makers Likely To Post FY08 Pretax Profit GainsTOKYO (Nikkei)--Group pretax profits at Japan's top two paper makers, Oji Paper Co. (3861) and Nippon Paper Group Inc. (3893), are seen rising in the year ending March 2009, the first increases in four years at both companies.
Nikkei (Free subscription) | 04/23/2008
Wednesday, April 23, 2008Firms Fear Soaring Costs Due To Tougher Accounting RulesTOKYO (Nikkei)--Corporate audits will take much more time to complete with the introduction in April of quarterly earnings disclosure and a system requiring companies to submit reports on their internal oversight.
Nikkei (Free subscription) | 04/21/2008
Tuesday, April 22, 2008Okamoto Industries' Net Profit Seen Soaring 150% In FY08TOKYO (Nikkei)--Rubber-goods maker Okamoto Industries Inc.'s (5122) consolidated net profit is projected to balloon to over 2 billion yen in fiscal 2008, 2.5 times the estimate for fiscal 2007.
