Canon profits plunge 86 percent in April-June quarter from year earlierJuly 28th, 2009 Canon profits plunge 86 percent in 2QTOKYO — Canon Inc. said second quarter profit sank 86 percent as the global economic malaise weighed on sales of its copy machines, printers and digital cameras while a stronger yen took a bite out of overseas earnings.
Sony incurs first net loss in 14 yearsMay 14th, 2009 TOKYO - Sony Corp suffered its first annual net loss in 14 years as the yen's rise against the dollar and harsh price competition amid the global economic downturn drove consumers away, the company said Thursday. Sony reported 98.9 billion yen ($1.03 billion) in net loss for the fiscal 2008 year against a 369.4-billion-yen net profit the year before.
Samsung says 2nd-quarter net profit rose 5.2 percent over last year's, sales riseJuly 24th, 2009 Samsung says quarter-2 net profit rose 5.2 percentSEOUL, South Korea — Samsung Electronics says second-quarter net profit rose 5.2 percent from the same period last year as sales rose. Samsung Electronics Co.
Panasonic incurs first annual loss in six yearsMay 15th, 2009 TOKYO - Panasonic Corp suffered its first annual loss in six years because of shrinking demand and harsh price competition amid the global economic downturn, the company said Friday. Panasonic joined other Japanese electronics' companies in reporting a net loss for the year that ended March 31.
Samsung 1Q Profit melts down under weak demand of memory chipApril 24th, 2009 Samsung says first-quarter profit plummets
SEOUL, South Korea — Samsung Electronics said Friday that net profit plummeted 72 percent in the first quarter amid weak demand for memory chips in the global economic slump. Samsung earned 619.20 billion won ($463.53 million) in the three months ended March 31, the company said in a regulatory filing.
Sony's net profit down 94.8 percent in October-December periodJanuary 28th, 2009 TOKYO - Sony Corp Thursday reported its net profit plunged 94.8 percent in the October-to-December quarter to 10.4 billion yen ($116.37 million) because of a strong yen and dwindling demand for electronics. The earnings compared with a 200.2 billion yen net profit from the same quarter a year earlier.
Sony reports $1 billion yen annual loss and forecasts larger shortfall this fiscal yearMay 14th, 2009 Sony reports $1 billion yen annual lossTOKYO — Sony Corp. reported Thursday a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first net loss in 14 years, and forecast its red ink to swell this year amid a serious downturn in global electronics demand.
Sony reports $1 billion annual loss, plans to close 3 plants; forecasts larger loss this yearMay 14th, 2009 Sony reports $1 billion annual lossTOKYO — Sony Corp. reported Thursday a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first net loss in 14 years, and forecast its red ink to swell this year amid a serious downturn in global electronics demand.
Japan's top chipmaker Toshiba posts record annual loss of $3.5 billion amid sinking demandMay 8th, 2009 Japan's top chipmaker Toshiba posts record lossTOKYO — Japan's top chipmaker Toshiba Corp. tumbled to a record annual loss amid sinking global demand that has forced it to cut thousands of jobs.
Toyota global output, sales down in first half of 2009 due to slowdown, but beats GMJuly 28th, 2009 Toyota global output, sales slide in January-JuneTOKYO — Toyota's global sales fell 26 percent in the first half of this year as the recession hit auto demand, but troubles at U.S. rival General Motors saw the Japanese automaker retain its world No.
Sony reports 98.9 billion yen loss for fiscal year amid global slumpMay 14th, 2009 Sony reports 98.9 billion yen annual lossTOKYO — Sony is reporting a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first net loss in 14 years. The Japanese electronics and entertainment company says Thursday its global sales fell 12.9 percent for the year amid the economic downturn.
Sony reports $1 billion annual loss and plans to close 3 plants; sees more red ink this yearMay 14th, 2009 Sony reports $1 bln annual loss, sees more red inkTOKYO — Sony Corp. reported a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first annual net loss in 14 years, and projected it would lose even more money this year amid a serious slump in the global electronics market.
Sony reports $1 billion annual loss and plans to close 3 plants; sees more red ink this yearMay 14th, 2009 Sony reports $1B annual loss; sees more red inkTOKYO — Sony Corp. reported a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first annual net loss in 14 years, and projected it would lose even more money this year amid a serious slump in the global electronics market.
Sony reports $391 million quarterly loss, keeps forecast for more red inkJuly 30th, 2009 Sony quarterly loss $391 mln, expects more red inkTOKYO — Sony Corp. stuck to a forecast for big full year losses, citing falling gadget prices and a shaky global recovery, even as it posted less-dismal-than-expected results for the fiscal first quarter.
Canon 1Q profit falls 83 percent as sales decline, strong yen hurts income from exportsApril 30th, 2009 Canon 1Q profit falls 83 percent as sales declineTOKYO — Canon Inc. said Thursday profit fell 83 percent in the first quarter, dragged down by lower sales of multifunction copy machines and printers as well as a stronger yen.
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