Japan

Takata adds nearly $30 million to special loss to cover air bag recalls, cuts outlook

Japanese air bag maker Takata Corp (7312.T) booked nearly $30 million in extra charges for vehicle recalls to replace potentially deadly air bag inflators, as well as other costs, tipping it toward a bigger annual loss than previously forecast.


Sony trims loss forecast after strong third quarter on higher sensor sales

Japan's Sony Corp (6758.T) said its net annual loss will likely be smaller than previously forecast after cost cuts and strong sales of its image sensors and PlayStation video game consoles helped its third-quarter profit beat estimates.

Toyota lifts profit outlook as weak yen offsets Japan slump

Toyota Motor Corp lifted its operating profit guidance on Wednesday in a widely expected move, as a weaker yen increases the value of sales overseas and makes up for slumping demand at home.

Reflationist proponent Harada likely to be named to BOJ board: Nikkei

Japan's government is likely to name academic Yutaka Harada, a proponent of aggressive steps to end deflation, to the central bank's policy board, the Nikkei newspaper said on Wednesday.


Latest News

After December's landslide re-election, Japanese Prime Minister Shinzo Abe's program to revive the nation's economy is set to meet perhaps its stiffest challenge, the nation's sclerotic farming industry.
Japan began deliberating its 2030 targets for power generation on Friday, a process likely to turn contentious when nuclear restarts are considered even as the much delayed cleanup at Fukushima continues four years after the meltdowns there.
Panasonic Corp (6752.T) has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure.
As Japan's Honda Motor Co (7267.T) pays hundreds of millions of dollars to replace potentially deadly air bags, hitting earnings, a new headache lies around the bend - cheaper U.S. petrol could lure buyers away from its fuel-efficient cars.
The Bank of Japan has put monetary policy on hold and found backing for its wait-and-see stance from advisors to Prime Minister Shinzo Abe, who worry more easing could send the yen to damagingly low levels, according to officials in the administration and central bank.
Asian shares retreated on Thursday after the Federal Reserve unexpectedly lifted its view on the economy, signaling that the U.S. central bank remains firmly on track with plans to raise interest rates this year.
Asian stocks showed some resilience on Wednesday as investors speculated whether the Federal Reserve could take a dovish turn in its post-meeting statement later in the session, amid signs a stronger dollar was hurting U.S. corporate profits.
Japanese cinemas rang up a healthy rise in ticket sales in 2014 as blockbuster animation film "Frozen" eclipsed an otherwise lackluster show by Hollywood, industry data showed on Tuesday.
Japan's exports grew the most in a year in December, helped by a weak yen and a pick-up in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global consumption.
The euro skidded to an 11-year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with international lenders.
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