Tokyo Market

Honda Executive Vice President Tetsuo Iwamura reported company earnings Friday in Tokyo.

Strong North American sales

Honda, Subaru's Fuji Heavy profits shift into high gear

TOKYO -- Honda Motor and Fuji Heavy Industries reported sharp profit growth in the April-June quarter Friday, citing brisk sales in North America amplified by the soft yen. Honda's net profit increased 20% on the year to 186 billion yen ($1.48 bi...

  • Min Lan Tan

    China's tumbling markets should not derail Japan

    Despite share volatility in China, Japanese companies have enough interests elsewhere not to worry, writes Min Lan Tan.

  • Pushing for reform

    Can Japan learn from Toshiba's scandal?

    TOKYO -- Japanese electronics maker Toshiba's accounting malpractice could have sparked a sell-off of a wide range of other issues, but it did not. Since the April 3 announcement of its profit-padding, the electronics maker's stock price tumbled ...

  • Dollar keeps firm tone in lower 124 yen range on solid US GDP

    TOKYO (Kyodo) -- The U.S. dollar held firm in the lower 124-yen range on Friday in Tokyo on strengthened expectations of an U.S. interest rate increase as soon as September following the release overnight of solid U.S. economic growth data. At 5 ...

  • Tokyo stocks rise as domestic firms post strong earnings

    TOKYO (Kyodo) -- Tokyo stocks rose on Friday as domestic companies posted generally firm April-June earnings, boosting investor sentiment. The 225-issue Nikkei Stock Average ended up 62.41 points, or 0.30 percent, from Thursday at 20,585.24. The ...

  • Dollar trades around 124 yen line capped by exporters' yen buying

    TOKYO (Kyodo) -- The U.S. dollar traded around the 124 yen line Friday morning in Tokyo, with its upside capped by Japanese exporters' yen buying. At noon, the dollar fetched 123.99-124.00 yen compared with 124.08-18 yen in New York and 124.14-15...

  • Tokyo stocks inch up in morning on broadly firm domestic earnings

    TOKYO (Kyodo) -- Tokyo stocks marked narrow gains on Friday morning amid improved investor sentiment as listed domestic companies posted generally firm April-June earnings. The 225-issue Nikkei Stock Average rose 2.46 points, or 0.01 percent, fro...

  • Tokyo stocks mixed in early trading as yen strengthens

    TOKYO (Kyodo) -- Tokyo stocks were mixed in early trading Friday as the yen's strength against the U.S. dollar put a damper on certain export-oriented issues, weighing down the Nikkei index. In the first 15 minutes of trading, the 225-issue Nikke...

  • Dollar trades in lower 124 yen range in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the lower 124 yen range in early Tokyo trading on Friday, little changed from overnight levels in New York. At 9 a.m., the dollar fetched 124.08-09 yen compared with 124.08-18 yen in New York and 124.14-...

  • Nikkei earnings preview

    Japanese noodle seller Toridoll seen doubling net profit

    KOBE -- Japanese udon noodle purveyor Toridoll's group net profit for the April-June quarter likely doubled on the year to around 900 million yen ($7.19 million). Revenue apparently climbed 15% to roughly 23 billion yen, and operating profit like...

  • Nikkei earnings preview

    Mitsubishi Chemical sees big gain in profit on petrochemicals

    TOKYO -- Mitsubishi Chemical Holdings is expected to report that operating profit jumped 2.4-fold on the year to 70 billion yen ($559 million) in the April-June quarter as lower raw materials prices improved the profitability of petrochemical product...

  • Nikkei earnings preview

    Secom seen posting third straight record April-June operating profit

    TOKYO -- Japanese security company Secom's group operating profit likely edged up 3% on the year to top 30 billion yen ($239 million) for the April-June period, marking a third consecutive record for the first quarter. An offering to guard agains...

  • Nikkei earnings preview

    D.A. Consortium's April-June profit seen jumping 10%

    TOKYO -- Japanese Internet advertising agency D.A. Consortium's operating profit likely rose 10% on the year to around 670 million yen ($5.35 million) for the April-June quarter. Sales look to have grown 7% to over 31 billion yen. Both sales and ...

  • Market Scramble

    Japan Inc. breaking free from parochial boardroom culture

    TOKYO -- The Nikkei Stock Average rebounded for the first time in five sessions Thursday, with a rise in U.S. stocks boosting market sentiment as investors responded to companies' latest earnings announcements. But there is another factor encoura...

  • JGBs soften as Tokyo shares gain

    TOKYO (Dow Jones) -- Japanese government bonds were softer Thursday on the back of a fall in U.S. Treasurys overnight and a rise in Tokyo share prices. Traders said the market recovered slightly in the afternoon amid market expectations for a Ba...

  • Tokyo stocks rise on upbeat Fed outlook, firm domestic earnings

    TOKYO (Kyodo) -- Tokyo stocks rose Thursday amid improved investor sentiment after Federal Reserve policymakers sounded an optimistic tone on the U.S. economic outlook overnight and many listed Japanese companies posted firm April-June earnings. ...

  • Dollar rises to lower 124 yen zone on U.S. rate hike expectations

    TOKYO (Kyodo) -- The U.S. dollar climbed to the lower 124 yen zone Thursday morning in Tokyo on growing expectations of a U.S. interest rate hike later this year after the U.S. Federal Reserve raised its view on the employment situation in its post-p...

  • Tokyo stocks rise in morning after Fed meeting, upbeat output data

    TOKYO (Kyodo) -- Tokyo stocks rose on Thursday morning amid improved investor sentiment after Federal Reserve policymakers sounded an optimistic tone on the U.S. economic outlook overnight and Japan's industrial output marked a stronger-than-expected...

  • Tokyo stocks rise in early trading after Fed policy meeting

    TOKYO (Kyodo) -- Tokyo stocks rose in early trading Thursday as investor sentiment was boosted by gains on Wall Street and the yen's decline against the U.S. dollar following a U.S. Federal Reserve policy meeting that ended overnight. In the firs...

  • Dollar trades around 124 yen line in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded around the 124 yen line in early Tokyo trading on Thursday, little changed from overnight levels in New York. At 9 a.m., the dollar fetched 123.95-124.03 yen compared with 123.89-99 yen in New York and 123....