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Japan's Biggest Bank MUFG Doubles Quarterly Profit As Credit Costs Drop
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REUTERS
Mitsubishi UFJ Financial Group Inc (MUFG) (8306.T), Japan's largest lender by assets, on Monday reported that first-quarter net profit doubled year on year as credit-related costs dropped sharply.
MUFG, which owns about 20% of Wall Street investment bank Morgan Stanley (MS.N), reported ...
Mitsubishi UFJ Financial Group Inc (MUFG) (8306.T), Japan's largest lender by assets, on Monday reported that first-quarter net profit doubled year on year as credit-related costs dropped sharply.
MUFG, which owns about 20% of Wall Street investment bank Morgan Stanley (MS.N), reported ...
- August 2, 2021
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Semiconductor Shortage Buffets Japanese Companies
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THE JAPAN NEWS
Amid the increasingly serious global shortage of semiconductors, automakers have been forced to reduce their output or postpone the release of new models. The repercussions are being felt amid a wide range of products, including home appliances, computers and telecommunication de...
Amid the increasingly serious global shortage of semiconductors, automakers have been forced to reduce their output or postpone the release of new models. The repercussions are being felt amid a wide range of products, including home appliances, computers and telecommunication de...
- August 1, 2021
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Nissan Sees Return To Annual Profit After Strong Q1 Results
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JAPAN TODAY
Crisis-hit Japanese carmaker Nissan upgraded its annual outlook Wednesday, projecting a return to the black, after a strong first quarter performance fueled by a recovery from the coronavirus pandemic.
Nissan now forecasts a 60 billion yen ($546 million) net profit for the year to M...
Crisis-hit Japanese carmaker Nissan upgraded its annual outlook Wednesday, projecting a return to the black, after a strong first quarter performance fueled by a recovery from the coronavirus pandemic.
Nissan now forecasts a 60 billion yen ($546 million) net profit for the year to M...
- July 29, 2021
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Low-Alcohol Drinks Target Health-Conscious
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THE JAPAN NEWS
Major producers of alcoholic beverages are introducing a number of products with low alcohol content.
The aim is to meet the needs of consumers who are concerned about drinking too much amid an upsurge in “home drinking” during the novel coronavirus pandemic. Another factor is th...
Major producers of alcoholic beverages are introducing a number of products with low alcohol content.
The aim is to meet the needs of consumers who are concerned about drinking too much amid an upsurge in “home drinking” during the novel coronavirus pandemic. Another factor is th...
- July 29, 2021
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Japan’s Nissan Returns To Profit, Forecasts Profit For Year
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AP NEWS
Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S. market.
The Japanese automaker says it expects to return to profit for the fiscal year through March 2022, with a 60 billion yen ($545 milli...
Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S. market.
The Japanese automaker says it expects to return to profit for the fiscal year through March 2022, with a 60 billion yen ($545 milli...
- July 28, 2021
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Surprising Stocks See Windfall As Japan Tops Olympic Medal Table
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JAPAN TIMES
With Japan’s Olympic team outperforming all expectations at the Tokyo Games so far, some stocks in the host nation are seeing unexpected benefits.
In an Asian stock market pummeled by a Chinese regulatory crackdown this week, Japan’s haul of 11 gold medals is lifting everything from...
With Japan’s Olympic team outperforming all expectations at the Tokyo Games so far, some stocks in the host nation are seeing unexpected benefits.
In an Asian stock market pummeled by a Chinese regulatory crackdown this week, Japan’s haul of 11 gold medals is lifting everything from...
- July 28, 2021
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Japan Starts Accepting Applications For COVID "Vaccine Passports"
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KYODO NEWS
Japan began accepting applications Monday for so-called vaccine passports for people who have been fully inoculated against COVID-19 to travel internationally, as Japanese business lobbies have called for their introduction to help facilitate business activities.
So far, Italy, Austr...
Japan began accepting applications Monday for so-called vaccine passports for people who have been fully inoculated against COVID-19 to travel internationally, as Japanese business lobbies have called for their introduction to help facilitate business activities.
So far, Italy, Austr...
- July 26, 2021
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TSMC Weighs Germany And Japan Plants To Diversify Supply Chain
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JAPAN TIMES
Taiwan Semiconductor Manufacturing Co. is in the early stages of considering a new chipmaking plant in Germany, Chairman Mark Liu told shareholders on Monday.
The world’s biggest chipmaker is also continuing its due diligence around building a semiconductor facility in Japan and tha...
Taiwan Semiconductor Manufacturing Co. is in the early stages of considering a new chipmaking plant in Germany, Chairman Mark Liu told shareholders on Monday.
The world’s biggest chipmaker is also continuing its due diligence around building a semiconductor facility in Japan and tha...
- July 26, 2021
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Sun Fails To Shine On Japan’s Solar Sector
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FINANCIAL TIMES
A flagship energy scheme has been undermined by policy shifts and adverse demographics
It was a speech to inspire environmentalists and energy investors. Addressing both houses of Japan’s parliament last October, new prime minister Yoshihide Suga vowed to make a “green society” ...
A flagship energy scheme has been undermined by policy shifts and adverse demographics
It was a speech to inspire environmentalists and energy investors. Addressing both houses of Japan’s parliament last October, new prime minister Yoshihide Suga vowed to make a “green society” ...
- July 23, 2021
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Honda Plans 5-Day Shutdown In August At Plant In Western Japan
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THE JAPAN NEWS
Honda Motor Co. will halt operations at its Suzuka Factory in the city of Suzuka, Mie Prefecture, for five days in August.
A global shortage of semiconductors and a lag in the supply of parts due to surging coronavirus infections in Southeast Asia are factors behind the decision....
Honda Motor Co. will halt operations at its Suzuka Factory in the city of Suzuka, Mie Prefecture, for five days in August.
A global shortage of semiconductors and a lag in the supply of parts due to surging coronavirus infections in Southeast Asia are factors behind the decision....
- July 23, 2021
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