Toyota reports larger-than-expected annual loss, forecasts even bigger losses this yearMay 8th, 2009 Toyota sees losses growing this yearTOKYO — Toyota is reporting a 436.94 billion yen ($4.41 billion) net loss for the fiscal year through March, a larger loss than it had forecast and its worst result in company history. Worse may be yet to come.
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, 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.
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.
Toyota reports worst annual loss since its 1937 founding _ and sees more red ink aheadMay 8th, 2009 Toyota sees losses deepening this yearTOKYO — Toyota Motor Corp. said it sank into a 765.8 billion yen ($7.74 billion) net loss for the January-March quarter, bringing its loss for the full fiscal year to a bigger-than-expected 436.94 billion yen — its worst annual loss ever.
Sony may suffer first operating loss in 14 yearsJanuary 12th, 2009 TOKYO - Japanese electronics giant Sony is expected to suffer an operating loss of about 100 billion yen ($1.12 billion) in the fiscal year ending March 31, 2009, its first loss since 1995, media reports said Tuesday. The projected loss, apparently because of a strong yen and sluggish sales of flat-screen televisions and other products, marks a major turnaround from a projection last October of an operating profit of 200 billion yen, Kyodo News reported citing sources.
Sony still struggling to regain electronics glamour after first annual loss in 14 yearsJuly 28th, 2009 Sony still struggling after first loss in 14 yearsTOKYO — Japanese electronics and entertainment company Sony Corp. reports its fiscal first quarter earnings on Thursday.
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.
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.
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.
Toshiba logs first operating loss in 7 yearsJanuary 28th, 2009 TOKYO - Toshiba Corp Thursday projected that the company will record a 280 billion yen ($3.11 billion) in net and operating loss in fiscal 2008 as flash memory prices were slumping and global economic situation worsening. If that proves to be the case, the predicted loss will be the first since fiscal 2001.
Sony reports 37.1 billion yen loss first quarter, keeps forecast for more red inkJuly 30th, 2009 Sony reports quarterly loss, expects more red inkTOKYO — Sony Corp., maker of the hit PlayStation game console, reported a smaller-than-expected quarterly loss but maintained its forecast for more red ink as it takes a beating from the strong yen and slumping global electronics sales. The Japanese electronics and entertainment company said Thursday its net loss for the fiscal first quarter was 37.1 billion yen ($390.5 million) compared with a 35 billion yen ($368.4 million) profit in the April-June period a year earlier.
Nintendo reports 8.5 percent rise in profit on healthy Wii, DS demand despite global woesMay 8th, 2009 Nintendo's annual profit rises 8.5 percentTOKYO — Nintendo Co. reported an 8.5 percent rise in annual profit as the video game maker shrugged off the global slowdown that has battered other Japanese manufacturers.
Panasonic reports $558 million quarterly loss as cost cuts offset by sales slump, lower pricesAugust 3rd, 2009 Panasonic reports $558 million quarterly lossTOKYO — Panasonic is reporting a 52.98 billion yen ($558 million) loss for the fiscal first quarter as lower sales, falling gadget prices and retirement expenses offset cost cuts. Osaka-based Panasonic Corp.
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