Tokyo Market

Southeast Asian demand likely lifted Unicharm to record profit

TOKYO -- Unicharm is expected to report an operating profit of around 36 billion yen ($330 million) for the April-September term on robust sales of disposable diapers in Southeast Asia and high-margin products in China and Japan. The Japanese com...

  • Tepco seen reaping $1B pretax profit by cutting costs

    TOKYO -- Tokyo Electric Power is expected to log a substantial pretax profit for a second straight year even without restarting its workhorse nuclear power plant or raising electric rates again. The operator of the ruined Fukushima Daiichi plant ...

  • Poor trading hurts bottom lines at Japanese online brokers

    TOKYO -- Japan's five major online brokerages apparently suffered a decline in net profit or slipped into the red in the April-September half, as sluggish trading by individual investors pushed down fee revenue. The six-month period saw a lull in...

  • Game developer GungHo seen with record operating profit

    TOKYO -- Japanese game developer GungHo Online Entertainment apparently logged a consolidated operating profit of around 75 billion yen ($687.8 million) for the first nine months, up 10% on the year for a new January-September high. The profit in...

  • Sharp's first-half operating profit seen slipping 10%

    TOKYO -- Sharp's operating profit for the April-September half likely fell 10% or so on the year to less than 30 billion yen ($275 million) to undershoot the guidance of 4% growth, mainly on sluggish sales of electronic parts. Sales likely missed...

  • Overnight stock futures trading picks up more followers in Japan

    TOKYO -- More investors are starting to trade stock futures overnight here, aiming to rake in profits from a more volatile market and better respond to developments abroad. After-hours trading has shot up lately in Japan. It has accounted for abo...

  • Nidec moving beyond hard-drive motors for stable growth

    OSAKA -- A key takeaway from Nidec's April-September earnings report is that diversification efforts have begun paying off, giving the major manufacturer of electric motors a foundation for generating more stable overall earnings. Sales of mainst...

  • Minebea's first-half operating profit likely surged 85%

    TOKYO -- Minebea is expected to report an operating profit of roughly 24 billion yen ($220 million) for the six months ended Sept. 30, up 85% on the year, on brisk sales of automotive bearings and smartphone lighting devices. The Japanese company...

  • Dollar firm in lower 108 yen on eased concern about global economy

    TOKYO (Kyodo) -- The U.S. dollar edged up to the lower 108 yen level Friday in Tokyo on reduced concern about the global economy, although it was earlier pressured by caution over another Ebola infection in the United States. At 5 p.m., the dolla...

  • JGBs hit fresh 18-month high as BOJ boosts mid-term debt buying

    TOKYO (Dow Jones) -- The Bank of Japan on Friday took an unexpected step to increase its purchases of medium-term government bonds in its latest market operation, helping propel bond prices to the highest level in about one and a half years. Whet...

  • Tokyo stocks climb on weaker yen, hopes for strong business results

    TOKYO (Kyodo) -- Tokyo stocks climbed Friday, boosted by the firmer U.S. dollar against the yen and investor hopes for strong earnings results of Japanese companies. The 225-issue Nikkei Stock Average ended up 152.68 points, or 1.01 percent, from...

  • Dollar firm around 108 yen on eased concern about global economy

    TOKYO (Kyodo) -- The U.S. dollar stayed relatively firm around 108 yen Friday morning in Tokyo on eased worries about the global economy, but caution over another Ebola infection in the United States capped the currency's further gain. At noon, t...

  • Tokyo stocks rise in morning on firmer dollar, Ebola news caps gains

    TOKYO (Kyodo) -- Tokyo stocks rose Friday morning, supported by the U.S. dollar's firmness against the yen, but the market's topside was capped by news of a doctor testing positive for Ebola in New York. The 225-issue Nikkei Stock Average gained ...

  • Tokyo stocks open higher on firmer dollar

    TOKYO (Kyodo) -- Tokyo stocks were higher in early trading Friday as the U.S. dollar's firmness provided a boost to export-related electronics and automakers. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 236.45 poin...

  • Dollar trades in lower 108 yen zone in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the lower 108 yen range early Friday morning in Tokyo, maintaining its gains from New York overnight. At 9 a.m., the dollar fetched 108.13-23 yen compared with 108.23-33 yen in New York and 107.25-26 yen...

  • Toyota leads way as Japan's automakers reap record profits

    NAGOYA -- Japanese automakers are flying high on brisk North American sales and a weaker yen, with Toyota Motor expected to report a record operating profit for the six months through September. Strong overseas sales, especially in the U.S., help...

  • Yamato Holdings' profit drops as labor costs climb

    TOKYO -- Yamato Holdings' operating profit for the six months through September likely slid 15% on the year, crimped by higher labor costs and lower parcel volume. The Japanese delivery company's group operating profit apparently came to less tha...

  • Online brokerage Monex seen logging first-half net loss

    TOKYO -- Monex Group likely incurred a consolidated net loss of around 300 million yen ($2.77 million) for the April-September half, stung by a drop in retail stock trading and losses from the sale of its U.S. operations. The Internet-based secur...

  • Suit retailer Aoki's first-half operating profit seen down 20%

    TOKYO -- Aoki Holdings' operating profit likely fell about 20% in the six months through September, taking a worse-than-expected tumble as its apparel business struggled to recuperate from a sales tax hike in Japan. Group operating profit is seen...

  • Seiko Epson's profit lifted by emerging-market demand

    TOKYO -- Seiko Epson is seen logging roughly 75 billion yen ($693 million) in operating profit for the six months ended in September, more than double its year-ago tally and about 6 billion yen higher than projected. Ink-jet printer models sold e...