Tokyo Market

Honda Motor hopes to cover sales falls in emerging markets © Reuters

Earnings season

Investors await fiscal 2014 results

TOKYO - Japan Inc. is preparing to announce record profits for fiscal 2014 when earnings season gets into full swing next week. The yen's depreciation, as well as brisk personal spending and rising capital investment in the U.S., have helped many of ...

  • Nikkei earnings preview

    Japan Steel Works op profit seen back on growth track

    TOKYO -- Japan Steel Works' operating profit will likely rise for the first time in seven years in fiscal 2015 on growing overseas sales of industrial machinery and steel pipe for natural gas pipelines. Group operating profit is seen shooting up ...

  • Nikkei earnings preview

    Furukawa Electric's op profit seen rebounding 35% in fiscal 2015

    TOKYO -- Furukawa Electric's operating profit is expected to jump 35% this fiscal year from the fiscal 2014 estimate as demand for its optical fiber products rises in Western markets. The Japanese manufacturer is seen posting a group operating pr...

  • Nikkei earnings preview

    Panasonic set to report 70% jump in fiscal 2014 net profit

    OSAKA -- Panasonic's net profit likely soared 70% to about 200 billion yen ($1.67 billion) for the year ended March 31, helped by successful structural reforms and strong sales of auto and housing-related products. The figure would top forecasts ...

  • Heading back to 0.2%

    Low yields in Europe fueling rally in Japan's government bonds

    TOKYO -- With loose monetary policy in Europe causing interest rates there to sink, investors are flocking to Japanese government bonds in search of higher yields. As benchmark June bond futures rose further in Tokyo trading Friday afternoon, the...

  • Nikkei earnings preview

    Astellas Pharma profit seen up 50% on strong sales abroad

    TOKYO -- Operating profit at Japanese drugmaker Astellas Pharma likely jumped about 50% to around 170 billion yen ($1.41 billion) in fiscal 2014 as brisk sales overseas absorbed a decline in the home market. Sales in the year ended in March appar...

  • Nikkei ends at more than 1-week low ahead of Japan earnings

    TOKYO (Kyodo) -- The Nikkei Stock Average fell to a more than one-week low Friday following declines in U.S. and European bourses, as investors locked in gains before Japanese companies begin reporting full-year earnings next week. The 225-issue ...

  • JGBs gain as BOJ buys, Tokyo shares fall

    TOKYO (Dow Jones) -- Japanese government bonds rose Friday on the back of U.S. Treasury gains overnight and as Tokyo shares fell, boosting support for safe-haven sovereign debt. Traders said that as a buying operation by the Bank of Japan also he...

  • Tokyo stocks fall in morning on overseas markets decline

    TOKYO (Kyodo) --Tokyo stocks fell Friday morning as investor sentiment was dented by overnight declines in U.S. and European equity markets. The 225-issue Nikkei Stock Average shed 100.06 points, or 0.50 percent, from Thursday to 19,785.71. The b...

  • Dollar hovers around 119 yen line amid oil rebound, weak U.S. data

    TOKYO (Kyodo) -- The U.S. dollar straddled the 119 yen line in Tokyo on Friday morning as a rebound in oil prices dampened demand for the U.S. currency and economic data from the world's largest economy failed to pick up speed. At noon, the dolla...

  • Tokyo stocks fall in early trading

    TOKYO (Kyodo) -- Tokyo stocks fell in early trading Friday, tracking overnight declines in U.S. and European equity markets. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 133.37 points, or 0.67 percent, from Thursday...

  • Dollar trades in lower 119 yen in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the lower 119 yen range early Friday morning in Tokyo, little changed from overnight in New York. At 9 a.m., the dollar fetched 119.04-09 yen compared with 118.95-119.05 yen in New York and 119.29-31 yen...

  • Targeting blue chips

    Foreigners snap up 1 trillion yen of Japan stocks in two weeks

    TOKYO -- Foreign investors' appetite for Japanese stocks remains strong, with net purchases exceeding 1 trillion yen ($8.33 billion) in the first two weeks of this month. The Tokyo Stock Exchange said Thursday that net buying of Japanese stocks b...

  • Higher equilibrium

    Corporate Japan has moved the ROE mountain

    TOKYO -- If the Nikkei Stock Average seems to be losing steam as it nears 20,000, the likely reason is that Japanese shares are already close to where their return on equity says they should be. This means that the market as a whole, driven by im...

  • Nikkei earnings preview

    JX seen swinging to black in fiscal 2015

    TOKYO -- JX Holdings is expected to log a roughly 180 billion yen ($1.49 billion) net profit this fiscal year, turning around from the 320 billion yen loss estimated for the just-ended fiscal 2014. Oil wholesalers are required to stockpile 70 day...

  • Shareholder support

    Better returns key to Japan's stock market momentum

    TOKYO -- Japanese companies have started delivering better shareholder returns, but they still have work to do if they are to catch up with their foreign counterparts and keep the country's stock market on an upward trajectory. Tokyo stocks have ...

  • Nikkei ends higher as crude rally lifts energy shares

    TOKYO (Kyodo) -- The Nikkei Stock Average ended higher Thursday, coming back from a one-week low logged earlier in the day, as a rally in crude oil prices lifted energy-linked shares. The 225-issue Nikkei Stock Average ended up 16.01 points, or...

  • Super-long JGBs rise on solid results of 20-year debt auction

    TOKYO (Dow Jones) -- Japan's super-long government bonds rose Thursday, as buyers took heart from the result of a 20-year debt auction suggesting solid demand for those securities. Prices of 20- and 30-year bonds climbed following the latest auct...

  • Nikkei earnings preview

    Sharp likely to post 200 billion yen loss for fiscal 2014

    TOKYO -- Japanese electronics maker Sharp will likely report a group net loss of more than 200 billion yen ($1.66 billion) for the year ended in March, due in large part to an impairment loss related to LCD panel production facilities, sources told T...

  • Dollar trades in lower 119 yen zone after sluggish U.S. data

    TOKYO (Kyodo) -- The U.S. dollar traded in the lower 119 yen zone Thursday morning in Tokyo, with its topside capped by concerns about the U.S. economy after weaker-than-expected economic data released overnight. At noon, the dollar fetched 119.1...