JAPAN POST BANK releases earnings for the most recent quarter.Wall Street analysts predict earnings per share of ¥18.45.Track JAPAN ... ( read original story ...)
Tokyo Olympic CEO: Games next year may not be ‘conventional’
Almost two months after the Tokyo Olympics were postponed, organizing committee CEO Toshiro Muto said Friday he still could not give an estimate of how much the one-year delay ... ( read original story ...)
‘We don’t know how IOC money will be spent’: Tokyo 2020 chief
The organisers of the Tokyo 2020 Olympics, the first in history to be postponed, said on Friday they were not aware of detailed spending allocations for $800 million committed to next year's ... ( read original story ...)
Japan’s top bank MUFG forecasts weaker than expected annual profit on virus hit
Mitsubishi UFJ Financial Group Inc (MUFG) 8306.T, Japan's largest lender by assets, forecast on Friday a full year profit that fell short of analysts' ex ... ( read original story ...)
Japan bank SMFG’s annual profit misses view, flags virus costs in current year
Sumitomo Mitsui Financial Group , Japan's second largest lender by assets, reported on Friday a smaller than expected full-year net profit and flagged 450 billion yen ($4.20 billion) of credit ... ( read original story ...)
Japan bank Mizuho forecasts weaker than expected profit on virus costs
Mizuho Financial Group Inc forecast on Friday a full-year profit that fell short of analysts' expectations, with the coronavirus outbreak slated to raise credit-related costs for the Japanese bank. ( read original story ...)
Japan’s big four brewers see double-digit sales slump due to pandemic
Japan's four major brewers all posted double-digit falls in sales of beer and beer-like drinks in April from a year earlier, hit by a ... ( read original story ...)
Tokyo needs ‘new normal’ in long fight against coronavirus – governor
Tokyo residents need to get used to a "new normal" that includes telecommuting in their long fight against the coronavirus epidemic, its governor said, adding that restrictions would stay in place at ... ( read original story ...)
England and Wales tours to Japan off after World Rugby cancels July Tests
World Rugby has called off the tour matches in the southern hemisphere in July and plans to hold consultations in an attempt to rearrange them later in the year ... ( read original story ...)
Osaka to ease business limits despite state of emergency
Osaka Governor Hirofumi Yoshimura on May 14 decided to gradually lift his requests for businesses to shut down or shorten operating hours, even though the prefecture remains under the national state ... ( read original story ...)
Renesas Electronics to Withdraw from LD/PD Business and Close Production
Renesas announced its decision to withdraw from the laser diode and photo diode/detector businesses and close the production line at the Shiga factory ... ( read original story ...)
Japan’s Rakuten 5G launch delayed due to coronavirus
Japan's Rakuten Inc said on Friday the launch of its 5G services that was planned for June had been delayed by at least three months due to the impact on supply chains by the coronavirus crisis. Rakut ... ( read original story ...)
Japan bank Mizuho reports $416 million fourth-quarter profit versus year-ago loss
Mizuho Financial Group Inc reported on Friday a net profit of 44.6 billion yen ($416 million) in the fourth quarter compared to the Japanese bank's net loss in the year-ago quarter. ( read original story ...)
Rise in Credit Costs Key Danger For Japan Banks’ Profits: Analyst
The only daily news program focused exclusively on technology, innovation and the future of business from San Francisco. Hosted by Emily Chang. "The David Rubenstein Show: Peer-to-Peer Conversations" ... ( read original story ...)
Pandemic to Depress Japan Consumer Prices, Batter Exports: Reuters Poll
Japan's consumer prices are expected to fall in April for the first time in more than three years and exports likely mark their biggest drop in more than a decade, a Reuters poll showed, as the ... ( read original story ...)
Japan bank Mizuho reports $416 mln Q4 profit vs year-ago loss
Mizuho Financial Group Inc reported on Friday a net profit of 44.6 billion yen ($416 million) in the fourth quarter compared to the Japanese bank's net loss in the year-ago quarter. TOKYO, May 15 ... ( read original story ...)