Posts Tagged ‘ Record ’

Analysis: Japan's stay-at-home firms finally spread their wings

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TOKYO (Reuters) – Japanese companies are again venturing offshore, and this time a new breed of business is striking deals overseas. Japan Inc splurged a record $70 billion on foreign acquisitions last year, taking advantage of a strong yen, big cash reserves, attractive valuations and some willing sellers, especially in Europe. Many of these...

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Japan Firms Spent $70 Billion on Foreign Acquisitions in 2011

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Japan Inc splurged a record $70 billion on foreign acquisitions last year, taking advantage of a strong yen, big cash reserves, attractive valuations and some willing sellers, especially in Europe. (read more…) Related items Japan Firms Spent $70 Billion on Foreign Acquisitions Analysis: Japan's stay-at-home firms finally spread their wings Indonesia foreign direct investment...

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Panasonic predicts record $10 billion annual loss

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TOKYO – Japan's Panasonic Friday predicted staggering annual loss of $10.2 billion, joining rivals Sony and Sharp who have also forecast combined losses of $6 billion. (read more…) Related items Japan's Panasonic projects wider loss for current fiscal 6.4-magnitude quake hits near east coast of Honshu, Japan — USGS Japan's surprising geisha revival Japan's...

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Japan’s Panasonic projects record annual net loss (AP)

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Japan’s Panasonic projects record annual net loss 
    (AP)

AP – Panasonic on Friday nearly doubled its projected net loss for the fiscal year to a record 780 billion yen ($10.2 billion) amid weak TV and mobile phone sales and ongoing restructuring costs after acquiring smaller Sanyo Electronics Co. (read the story…) Related items Sony and Panasonic brace for grim earnings season (Reuters)...

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Geary has Yokohama in gear halfway through season

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Among the league's four expansion teams, the Yokohama B-Corsairs have the best record (14-14) entering February. Coach Reggie Geary's team had a significant accomplishment last weekend: a two-game sweep over the Akita Northern Happinets, one of the favorites to reach the Final Four. (read the story…) Related items Japan's Panasonic set for record $10.2...

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Japan's Panasonic set for record $10.2 bn loss

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A general view at the Panasonic booth at the 2012 International Consumer Electronics Show at the Las Vegas Convention Center in January. Panasonic on Friday warned it would see its worst-ever net loss … (read the story…) Related items Panasonic reports a 30.4 billion yen ($389 million) loss for quarter on quake, tsunami Panasonic...

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