The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the full financial year 2013-14 ended March 31, posting a net profit of JPY 242.75 billion ($2.4 billion), ...
Tags: Steel, Metallurgy, Mineral
Yokohama Rubber Co. Ltd. posted net income of 6.5 billion yen on net sales of 139.9 billion yen for its first quarter ended March 31, 2014. That compares to income of 5.6 billon yen on sales of more than 127.6 billion yen for 1Q 2013. ...
Tags: Tire, Tyre, auto parts
Carbon fiber, a material that is one-quarter the weight of iron but 10 times as strong, currently has limited applications in part because of its hefty price tag. Toray Industries hopes to change that by creating various prototypes and ...
Tags: Carbon fiber, composite materials
Toyo Tire & Rubber Co. Ltd. recorded net income of nearly 9.1 billion yen on net sales of 96 billion yen for its first quarter ended March 31, 2014. That compares to income of 4.2 billion yen on sales of 83.5 billion yen for the same period ...
Tags: Auto Parts, Accessories, Tire, Tyre
Listed Japanese companies as a whole are expected to maintain profit growth in the fiscal year ending March 2015, but management, concerned by the recent sales tax hike and emerging-market slowdowns, have issued conservative earnings ...
Tags: Electrical, Electronics
Uniqlo announces sales for the month of April for 2014. April 2014 same-store sales increased by 3.3% year on year while sales at our own stores increased by 6.7%. Total sales including online sales increased by 7.0%. Same-store sales ...
Tags: Apparel Retailer, Uniqlo
Japan's seven top electronic component makers have announced their earnings outlooks for the year ending March 2015. The previous fiscal year was mostly a good one for these makers, and six of the seven are predicting the current fiscal ...
Tags: Electrical, Electronics
"Clariant had a promising start to the year with good volume growth and an increase in operating profitability," said CEO Hariolf Kottmann. "Overall, our businesses performed well in an improving but still mixed economic environment. The ...
Tags: Construction, Decoration, economy
Panasonic Corp will complete its restructuring in the current fiscal year to March 2015, Chief Executive Kazuhiro Tsuga said on Monday, as it shifts its focus to supplying industrial customers rather than making consumer electronics. The ...
Tags: Panasonic, restructuring
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2013-14 ended March 31. For the given period, Kobe Steel has reported a net profit of JPY 70.2 billion ($686.4 million), compared to a net loss ...
Tags: Steel, Metallurgy, Mineral, Construction
DENSO Corp. posted net income of 287.4 billion yen on net sales of 4.1 trillion yen for its fiscal year ended March 31, 2014. That compares to income of 181.7 billion yen on sales of nearly 3.6 trillion yen for the previous year. Based on ...
Tags: Electrical, Electronics
Eight billion people will use smartphones and 100 billion terminals will be interconnected via the internet by 2025, according to Chinese ICT multinational Huawei. This is an eight-fold increase in the number of smartphone users – ...
Tags: Computer Products, Huawei, Smartphone
The world market for Internet-connected devices will rise 6% over 2013 to represent the largest increase in four years, according to industry researcher IHS Technology. Global demand for cell phones, tablets, and computers will push ...
Tags: Computer Products, IT, connected devices
Panasonic has firmed up plans for assigning headquarters functions to Southeast Asia as early as this summer for consumer electronics operations there. Planning and development of products will be localized, shifting decision-making ...
Tags: Panasonic, Electronics
The winning bid in the monthly auction held Wednesday for Japanese H2 ferrous scrap for export from Tokyo Bay was Yen 32,610/mt ($319.70/mt) FAS or free alongside ship, the organizer of the tender said. The bid was Yen 1,700/mt higher ...
Tags: Ferrous Scrap, Itochu Metals