Tokyo

Editor in chief of Dealerscope

Nintendo president Satoru Iwata discusses the company's business strategy in Tokyo on Jan. 30. Iwata will slash his salary in half after announcing a 30% dive in 9-month profit on weak demand for its...

According to Bloomberg, the Intellectual Property High Court, Tokyo, ruled in favor of Samsung, rejecting Apple’s (AAPL) patent infringement lawsuit. The patent infringement was related to the...

Hitachi Ltd forecast an 18.5 percent jump in operating profit for this fiscal year, in line with expectations, as the electronics conglomerate reaps the benefits of a weaker yen while projecting a pickup in economic recovery both at home and abroad.

Hitachi, one of Japan's biggest companies with a $31 billion market capitalization and more than 300,000 employees worldwide, said on Friday it expected an operating profit of 500 billion yen ($5.03 billion) for the year to March 31, 2014. That compared with a 524.8 billion yen average forecast by 21 analysts

Japan's Toshiba Corp forecast a 34 percent jump in operating profit for this fiscal year, boosted by strong sales of its flash memory chips, but the outlook fell short of market expectations as it struggles to turn around its TV division.

Toshiba, a leading chipmaker in Japan and supplier to Apple Inc, said on Wednesday it expects its operating profit to reach 260 billion yen ($2.6 billion) for the year ending March 31, 2014, missing the average forecast of 345.7 billion yen profit among 21 analysts polled by Thomson Reuters I/B/E/S.

More Blogs