Today: September 08, 2024
Today: September 08, 2024

Latest From Sam Nussey

Business|Technology

Sony posts 10% profit rise on image sensors, games boost

Sony on Wednesday reported a 10% rise in operating profit in the April-June quarter, beating analyst estimates, boosted by its image sensors and games businesses.

Sony posts 10% profit rise on image sensors, games boost
Business|Economy

Japan's Kokusai Electric to hold secondary offering; KKR to sell shares

Kokusai Electric said on Wednesday it would hold a secondary offering of up to 60.4 million shares, with investors including private equity firm to sell shares.

Japan's Kokusai Electric to hold secondary offering; KKR to sell shares
Business|Economy

KKR to cut stake in Japan chip tool maker Kokusai Electric, sources say

Private equity firm KKR plans to cut its stake in Kokusai Electric, two people familiar with the matter said, cashing in after a blistering run for shares in the

KKR to cut stake in Japan chip tool maker Kokusai Electric, sources say
Business

OpenAI bids for Japan business as it opens Tokyo office

Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as it opened its first Asia office in Tokyo.

OpenAI bids for Japan business as it opens Tokyo office
Business

Sony slashes PS5 sales target, plans 2025 IPO for financial unit

Japan's Sony slashed the full-year sales forecast for its PlayStation 5 console on Wednesday and said it plans to list its financial business next year as it focuses on

Sony slashes PS5 sales target, plans 2025 IPO for financial unit
Business

Japan chipmaker Kioxia reports $434 million Q3 loss

Bain Capital-backed chipmaker Kioxia on Friday reported a narrower third-quarter operating loss of 65 billion yen ($434.70 million) sequentially, saying selling prices

Japan chipmaker Kioxia reports $434 million Q3 loss
Business

Japan's efforts to foster chip sector are 'impressive' - research org head

Japan's efforts to regain its position as a leading manufacturer of chips are "impressive", the head of a leading chip research organisation said on Thursday.

Japan's efforts to foster chip sector are 'impressive' - research org head
Business|Economy

Recently delisted Toshiba to cut 4,000 jobs in restructuring drive

Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership.

Recently delisted Toshiba to cut 4,000 jobs in restructuring drive
Business|Technology

Sony stresses PlayStation user engagement as hardware sales taper off

Japan's Sony on Thursday emphasised the strength of user engagement with its gaming platform as sales of the PlayStation 5 console taper off and companies in the sector

Sony stresses PlayStation user engagement as hardware sales taper off
Business|Entertainment|Technology

Sony sees streaming service Crunchyroll driving growth as anime goes global

Sony sees its anime streaming service Crunchyroll as a growth driver, the head of its movies business said on Thursday, as the group looks to ride the growth of anime

Sony sees streaming service Crunchyroll driving growth as anime goes global
Business|Economy|Technology

Sony shares leap 12% on buyback and dividend plans, higher profit outlook

Shares in Sony Group jumped 12% in early Tokyo trading on Wednesday after the company pledged to boost shareholder returns and forecast higher annual profit with a

Sony shares leap 12% on buyback and dividend plans, higher profit outlook
Business|Technology

Sony sees profit growth on buoyant demand for image sensors but lower PS5 sales

Sony said on Tuesday it sees its operating profit climbing 5% this business year on robust demand for its image sensors even as it forecast lower sales for its

Sony sees profit growth on buoyant demand for image sensors but lower PS5 sales
Business|Technology

Nintendo to make announcement on Switch successor by March-end

Japan's Nintendo said on Tuesday it plans to make an announcement about the successor to its long-lasting Switch console during the financial year ending March 2025.

Nintendo to make announcement on Switch successor by March-end

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