The new estimate calls for 7.9 trillion yen for compensation, 4 trillion yen for decontamination, 8 trillion yen for decommissioning, and 1.6 trillion yen for the interim storage facility, the ministry said in a statement.
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The trade ministry at the end of 2013 calculated the cost at 8003 trillion yen, which was comprised of 5.4 trillion yen for compensation, 2.5 trillion yen for decontamination, 1.1 trillion yen for an interim storage facility for contaminated soil, and 2 trillion yen for decommissioning, the report said.
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The JGB cost cap for the coming year comprises 14.43 trillion yen for debt repayment and 10.15 trillion yen for interest payments, both lower than last year's caps.
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In 13, the ministry had calculated the cost at 11 trillion yen comprising 5.4 trillion yen for compensation, 2.5 trillion yen for decontamination, 2 trillion yen to decommission the wrecked Fukushima Daiichi plant, operated by Tokyo Electric Power Co, and 1.1 trillion yen for a facility to store contaminated soil.
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KKR will offer 1,860 yen for each Calsonic Kansei share.
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It rose 0.4 percent against the yen for the month.
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It gained 3.5 percent versus the yen for the week.
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Train Your Brain: Nintendo Switch Training for Adults will be released in Japan on December 27th, costing 3,480 yen for a physical version with the included stylus or 2,680 yen for the downloadable version.
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The greenback weakened versus the yen for a second straight year.
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The yen, for example, has gained a whopping 10% since Feb.
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The government has set aside 13 trillion yen for such stimulus.
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It had risen above 110 yen for the first time since Dec.
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Gold came behind Treasuries and yen for its lower risk-return ratios.
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It would be a simple exchange then, 10,000 yen for a kiss.
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Japan could intervene in the currency markets by selling yen for dollars.
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Ms. Greene had a baby and a subsequent yen for organic produce.
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Notably, the dollar has gained against the yen for eight consecutive sessions.
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For those with youngsters, the nearby Toyota Hands-on Museum (free admission to the Science Hall; planetarium admission is 300 yen for adults, and 100 yen for children) provides a wealth of tactile, visual and other experiential exhibits.
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Rates: 22,523 to 55,440 yen for doubles; lofts are 41,440 to 94,080 yen.
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But he proved prescient about the country's yen for non-politicians in office.
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That represented a weakening of 1.84 yen for the day, or 1.55 percent.
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The dollar fell more than 3 percent against the yen for the week.
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Mizuho Securities in a report this week estimated Panasonic's battery sales to Tesla at around 100 billion to 110 billion yen for existing vehicles and several tens of billion yen for Model 3 cars built at Tesla's so-called Gigafactory.
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The dollar rose above 106 yen for the first time since the British referendum.
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The greenback fell below 110 yen for the first time since mid-November JPY=.
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It previously forecast a rise to 275.0 billion yen for the year through August.
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Mizuho Financial Group shed 1.5%, after its net profit tumbled 83% to 96.6 billion yen for the last fiscal year, though it forecast a net profit of 470 billion yen for this fiscal year, more than four-fold recovery on the year.
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It reported on Thursday a net loss of 24 billion yen for the latest quarter.
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But that doesn't mean Apple's sudden yen for graphics independence should come as a surprise.
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Cost-cutting will free up another 2 trillion yen for purchases, the procurement paper said.
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Cost-cutting will free up another 2 trillion yen for purchases, the procurement paper said.
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Expectations of a profit jump come despite Canon assuming a stronger yen for this year.
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The greenback gained against the yen for a second straight session, last trading at 113.37.
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Mr Musk is only one of a number of billionaires with a yen for space.
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How fitting that Halperin's publisher is Judith Regan, who has a yen for exploitative trash.
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The dollar was on track to lose 0.6 percent against the yen for the fiscal period.
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The euro extended overnight losses to trade at 128.59 yen for a loss of 0.17 percent.
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Brokerage SMBC Nikko Securities had estimated Nomura's net loss at 2.9 billion yen for the quarter.
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The dollar fell below 120.00 yen for the first time since late October, dragging down exporters.
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" Elsewhere we read of Freud indulging his "yen for borrowed power," and exhibiting "madcap self-deception.
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Mr. Hamilton's wife, colleagues and beleaguered orthopedic surgeon seem resigned to indulging his yen for danger.
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Shoppers with a yen for a conspiracy theory or a taste of history may be, too.
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The new company's combined assets under management, a key measure of a brokerage's size, will be 46 trillion yen ($413 billion) based on figures for March last year, compared with 109 trillion yen for Nomura Securities and 54 trillion yen for Daiwa Securities, Japan's market leaders.
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Focusing on nuclear energy and semiconductors to drive growth, the 140-year-old firm forecast it would swing to an operating profit of at least 120 billion yen for the year starting in April, from an estimated loss of 430 billion yen for the current business year.
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Trump also recently claimed Japan has been using monetary policy to weaken the yen for trade advantage.
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The dollar lost nearly 4.9 percent against the yen for the week, its worst since October 2008.
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Most exporters expect the dollar to trade between 105-110 yen for the fiscal year through March.
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Despite the turnaround, the dollar has fallen more than 3 percent against the yen for the week.
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The company maintained its full-year operating forecast at 166 billion yen for the year ending March.
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|
The dollar extended overnight losses and last traded at 20.7183 yen for a loss of 20.7145 percent.
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Cost-cutting will free up a further 2 trillion yen for equipment purchases, the procurement paper said.
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My yen for dog ownership grew from an opposite instinct that I couldn't yet admit to myself.
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|
The single currency extended overnight losses to trade at 128.625 yen for a loss of 0.15 percent.
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On the Tokyo Stock Exchange's main board, turnover was below 2 trillion yen for the past three days.
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The greenback rose more than 1.08653 percent to 106.94 yen for the first time since late July JPY=.
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The trade balance came to a deficit of 737.3 billion yen for the second straight month of shortfalls.
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|
Speculators also raised net short contracts on the Japanese yen for the ninth straight week to 87,009 contracts.
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|
It forecast a 24.7 percent rise in operating profit to 32 billion yen for the current financial year.
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|
Diners can pay 500 yen for one picture with the staff, but otherwise only food photos are allowed.
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Japanese banks were on Monday paying 10 times the average price to swap yen for one-month dollars.
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|
Against the Japanese yen, for example, traders have built up large option bets between 107.50 to 107 yen.
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|
An entropy of the heart grew in me, as did, which I didn't suspect, a yen for monogamy.
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It has also set aside 1.8 trillion yen for stimulus measures to boost consumer spending and infrastructure investment.
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|
Mizuho Financial Group shed 1.9% to 161.2 yen, the lowest since last December, after its net profit tumbled 83% to 96.6 billion yen for the last fiscal year, though it forecast a net profit of 470 billion yen for this fiscal year, more than four-fold recovery on the year.
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Eleven analysts surveyed by Thomson Reuters forecast an average operating profit of 188 billion yen for the twelve months.
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|
But his allies wavered, while his adversaries saw in his yen for collective action an admission of American retreat.
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It is about six times the drug's sales of 21.2 billion yen for the last fiscal year through March.
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|
Dedicated video game software sales also fell 21.58 percent on-year to 34.85 billion yen for the same period.
|
|
The rose by more than 1 percent on the day to 106.66 yen for the first time since July.
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|
True mastery of this AI technique requires powerful computers, years of research experience, and a yen for deep math.
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|
The dollar will probably trade in a range of 112 yen to 115 yen for a while, Murata added.
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The greenback earlier fell below 110 yen for the first time in more than six weeks, touching 109.94 yen.
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|
The Wall Street Journal reported on Monday Taiwanese manufacturer Foxconn offered up to 3 trillion yen for the business.
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|
In the latest week, speculators cut short bets on the Japanese yen for the first time since mid-February .
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|
Against the , the dollar broke through the psychologically significant barrier of 112 yen for the first time since Jan.
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|
Other spending in the proposed Japanese defense budget includes 88.1 billion yen for six more F-35 stealth fighters, 70 billion yen for a new submarine and 100 billion for two compact warships that will reinforce Japan's navy in the East China Sea where it faces growing Chinese naval power, he added.
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Operating profit was 2.47 trillion yen for the year ended March, below the average 2.51 trillion yen estimate of analysts.
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|
Analysts had expected on average an operating profit of 341.7 billion yen for the year, according to Thomson Reuters Starmine.
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|
Naturally, all this drew a lot of congressional critics, and Shkreli expressed a yen for an honest exchange of opinions.
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|
He had a yen for a hot dog from Gray's Papaya, a cheesecake from Carnegie Deli, a midnight subway ride.
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|
The dollar also gained almost 1 percent against the yen to top 115 yen for the first time since February.
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|
KKR will pay 1,450 yen for Hitachi Koki's stock, bringing the total deal size at 20133 billion yen ($1.28 billion).
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|
Despite Friday's losses, the dollar was on track to gain modestly against the yen for the first week in three.
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|
If that exceeds 5 million yen, for example, the government may insist on a lower price, according the policy draft.
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|
Honda, however, reiterated its forecast for a 6% increase in operating profit to 770 billion yen for this fiscal year.
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|
"The payrolls data puts markets on risk-on mode, making it difficult to buy the yen for now," said Ishizuki.
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In Europe, Qatari royals have a reputation as high rollers with a yen for ostentatious real-estate and aristocratic prestige.
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|
For nude projects, he took her to so-called "love hotels" and paid her about 50,000 yen for each assignment.
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|
The dollar gained against the safe-haven yen for a second straight day, however, as investors moved into riskier currencies.
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|
The government has also set aside 2 trillion yen for discounts and shopping vouchers as well as public works spending.
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|
Regretfully, I was not familiar with the actor and martial artist DONNIE YEN, so I could not YEN FOR DONNIE.
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|
Analysts expect net profit to come in at 1.721 trillion yen for the year, and operating profit at 2.02 trillion yen.
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|
The company is forecasting net profit of 35 billion yen for the year through March, 2018, after two consecutive annual losses.
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|
He added that Kansai Electric, which reported a recurring profit of around 158 billion yen for the six months ended Sept.
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"People have short memories," observes Josh Blackman, of South Texas College of Law, of the yen for a similar fix today.
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|
The health ministry has requested a record 31.4 trillion yen for social security spending, including an increase of 630 billion yen.
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|
But it's worth noting that these character feel thrown in for extra-textual reasons (Yen for fanboys, the robot for kids).
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The UK currency topped 140 yen for the first time since Britain voted to leave the European Union three weeks ago.
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|
With a strong personality and a yen for visibility and risk, Mr. Lane also began cultivating and attracting high-profile clients.
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|
The government had in December projected a revenue of 59.928 trillion yen for the fiscal year that ended in March 2019.
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|
Ministop Co stumbled 3.5 percent after it posted an operating loss of 269 million yen for the first quarter ended May.
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|
Gargoyle KID ultimately won the championship, which aside from all the glory that entails also meant 500,000 Yen for its owner.
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|
It now expects an operating profit of 65 billion yen for the first half, up from previously forecast 47.5 billion yen.
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|
Speculators, meanwhile, turned net short on the Japanese yen for the first time since December last year to 269 short contracts.
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|
Its members, millennials and their younger Gen Z kin, share a mind-set, making common cause of a yen for authenticity.
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|
The dollar slipped against the safe-haven yen for the first session in four as a surge in risk appetite stalled.
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|
MUFG reported a net interest income of 495.2 billion yen for the third quarter, versus 519.6 billion yen a year ago.
|
|
Its banking unit, Japan Post Bank Co, reported a net profit of 181.5 billion yen for the period, up 20.2 percent.
|
|
The business generated sales of 845.6 billion yen and operating profit of 110 billion yen for the year ended in March 2016.
|
|
Subaru's most recent operating profit forecast is a 21 percent decline to 300 billion yen for the year to March 31, 2019.
|
|
Toyota posted an operating profit of 574.29 billion yen for April-June, down 11 percent from 642.23 billion yen a year ago.
|
|
Both companies could pay tens of billions of yen for Orion, the fifth biggest beer maker in Japan, the Nikkei report said.
|
|
Nippon Steel reported a recurring profit of 297.5 billion yen for the 2017/18 year ended March 31, under the Japanese standard.
|
|
Last year, Kimura paid a record 333.6 million yen for a tuna at the auction, exceeding his previous record price in 2013.
|
|
The spike in risk aversion triggered massive stop-loss flows from investors who had held short positions on the yen for months.
|
|
The dollar slipped against the safe-haven yen for the first time in four days as a surge in risk appetite stalled.
|
|
But the main cause of Lenny's erratic behavior and yen for papal revolution boils down to something simple: a sense of abandonment.
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|
Earlier this week, Subaru said the improper inspection procedures would likely result in a negative impact of 10 billion yen for the year.
|
|
The Finance Ministry had initially earmarked 3 trillion yen for direct spending from national and local governments under its draft fiscal stimulus plan.
|
|
The partial privatisation of Japan Post and its banking and insurance divisions last year raised a combined 1.4 trillion yen for the government.
|
|
The budget includes billions of yen for six new submarines equipped with improved sensor technology that could also prove useful against Chinese challenges.
|
|
However, the ACU is also working on an alternate plan to include other currencies such as the yen for trade settlements, Khan said.
|
|
The government raised its initial budget spending estimate by about 400 billion yen for fiscal year 2016 from 96.3 trillion yen in 53.
|
|
Six analysts polled by Thomson Reuters on an average expect the company to report 251.11 billion yen for the year ending March 2019.
|
|
The dollar was set to decline about 6.5 percent against the yen for its largest quarterly drop since the third quarter of 2009.
|
|
Fanuc expects an operating profit of 134.70 billion yen for the year ending March 2017, compared to 146.10 billion yen forecast by SmartEstimate.
|
|
Nippon Steel's recurring profit grew 12 percent to 2020 billion yen for the April-December quarter on the back of higher product prices.
|
|
That compares with a combined profit of 118.6 billion yen for JX Holdings and TonenGeneral Sekiyu in the corresponding period a year earlier.
|
|
Meanwhile, the latest Bank Of Japan tankan survey showed that big manufacturers expect the dollar to average 108.43 yen for this fiscal year.
|
|
Mitsubishi said it now expected profit to be 520 billion yen for the year through March, down from 600 billion yen forecast earlier.
|
|
Kawasaki Kisen sank 14.3 percent, with the company bracing for a net loss of 21.5 billion yen for the year ending March 2019.
|
|
Nitori Holdings soared 4% after the discount furniture store operator said sales rose 6.1% to 167.3 billion yen for the March-May quarter.
|
|
Latest data from the Commodity Futures Trading Commission showed that speculators raised net long positions on the yen for the week ended Aug.
|
|
It said it also expects to book a loss of around 3.5 billion yen for the same year to settle product liability claims.
|
|
"Men don't like candy that's been unwrapped," Norma admonishes her furiously flirting charge, a wild child with a yen for booze and barflies.
|
|
Japanese media said Ghosn had reported about 10 billion yen ($88.9 million) of annual compensation as about 20173 billion yen for several years.
|
|
The dollar fell below 108 yen for the first time in 17 months on Thursday with investors betting that Japan would refrain from intervention.
|
|
The dollar rose above 96.203 yen for the first time since late April, reaching 111.455 in European trading, up 1 percent on the day.
|
|
They also said retail investors, who are attracted to income gains through dividends, are dismissing the depressing influence of a strong yen for now.
|
|
Her yen for secrecy is explained by the extracts, flagged up in an internal campaign review of lines likely to make Democratic activists cross.
|
|
Widely known as Mr. Yen for intervening in the currency during his time as vice finance minister, Sakakibara expects the currency to continue spiking.
|
|
Old white guys seem to have a yen for Kelly, as she got into another bizarre exchange with Newt Gingrich last night on television.
|
|
Next fiscal year's budget is also expected to exceed 100 trillion yen for a second straight year, highlighting the difficulty in curbing fiscal spending.
|
|
Sharp raised its operating profit forecast to 37.3 billion yen for the year ending in March from an earlier forecast of 25.7 billion yen.
|
|
The yen, for example, rose to a one-week high of 112.42 per dollar and was up 0.5 percent against the euro at 123.35.
|
|
A Thomson Reuters survey of seven analysts has forecast an average net profit of 220.5 billion yen for the year ending in March 2018.
|
|
Kobe Steel in July had forecast a net profit of 35 billion yen for the year to March 31, after two years of losses.
|
|
Against the euro, the pound climbed half a percent to 84 pence, and topped 140 yen for the first time since the 'Leave' vote.
|
|
Japan's big manufacturers expected the dollar to average at 108.31 yen for the 2017-1.53 fiscal year, compared with 108.43 in the March survey.
|
|
Nikkei reported in late-March that U.S. private-equity firm Silver Lake Partners and chipmaker offered Toshiba about 2 trillion yen for the unit.
|
|
Some of these moves are consistent with Mr. Trump's isolationism and pronounced yen for authoritarians, and perhaps also with his demonstrated ignorance of history.
|
|
The broader Topix lost 29.743% to 1,708.89 in active trade, with turnover hitting more than 3 trillion yen for two sessions in a row.
|
|
Her yen for unpretentious chaos, she says, was sparked by reading about the Dada movement following World War I, when senselessness made perfect sense.
|
|
The pay gap is stark, with regular workers last year on average paid 321,700 yen ($2,830) monthly compared with 211,800 yen for contract workers.
|
|
Western Digital is part of a consortium, including Innovation Network Corporation of Japan, reportedly offering just below 210 trillion yen for Toshiba's memory business.
|
|
Sharp also released its first midterm business plan since Foxconn's acquisition, targeting operating profit of 150 billion yen for the year ending March 2020.
|
|
The dollar has fallen nearly 10 percent against the yen for the year, with the past week accounting for roughly 3 percent of the move.
|
|
EDT (1230 GMT) on Friday likely supported the dollar against the yen for now, said Stephen Innes, senior trader for FX broker OANDA in Singapore.
|
|
Mitsubishi Materials nosedived 8.3 percent after it cut its net profit forecast to 25 billion yen from 35 billion yen for the year ending March.
|
|
The dollar is down about 83 percent against the yen for the week, putting it on track for its biggest weekly fall in a month.
|
|
A black-and-white set cost 55,500 yen in 1964 compared with 47,500 yen for a plasma TV today - and took nearly a month's salary.
|
|
Discounting Mr Katzenberg's dim view of blockbusters can evidently be risky, but big bets seem safer if film-makers eschew his yen for novelty, too.
|
|
The greenback was down about 4.5 percent against the yen for the week, putting it on track for its biggest weekly loss since October 2008.
|
|
Mitsubishi Materials nosedived 10 percent after it cut its net profit forecast to 25 billion yen from 35 billion yen for the year ending March.
|
|
Fast Retailing's operating profit grew 35 percent to around 56.6 billion yen for the three months ended February, showed Reuters calculations based on company data.
|
|
The extra budget has brought the amount of annual budget spending to 100.2 trillion yen for the current fiscal year, the highest in three years.
|
|
Takeda forecast an operating profit of 93 billion yen for the current financial year ending in March, versus its prior forecast of 200 billion yen.
|
|
He was speaking to reporters after a cabinet meeting as the dollar fell below 108 yen for the first time in 17 months on Thursday.
|
|
Trump – communications: The Hill: "The other side of Trumpism" has now muted the president's first-year yen for tweeting about gains in the stock market.
|
|
Sorrentino's Oscar-winning film The Great Beauty has — as the Ringer's Alison Herman puts it — "a similar yen for the outrageous" as The Young Pope.
|
|
The dollar continued to weaken against the yen for a third straight session, dropping 0.53% to 108.65 and hitting its lowest level since Dec. 12.
|
|
Bain plans to bid around 1.5 trillion yen for a majority stake, two of the sources said, declining to be identified as talks were confidential.
|
|
The dollar continued to weaken against the yen for a third straight session, dropping 0.20% to 0.533 and hitting its lowest level since Dec. 12.
|
|
The dollar was last down about 4.5 percent against the yen for the week, putting it on track for its biggest weekly loss since October 2008.
|
|
EDT (1230 GMT) on Friday likely supported the dollar against the yen for now, but it will not be enough to reverse the trend, analysts said.
|
|
The dollar was last set to drop 6.49903 percent against the yen for the week to mark its biggest weekly percentage decline in about 13 months.
|
|
"The payrolls data puts markets on risk-on mode, making it difficult to buy the yen for now," said Yukio Ishizuki, currency strategist at Daiwa Securities.
|
|
The greenback was on track to post a more than 7 percent decline against the yen for June to mark its weakest month since October 2008.
|
|
The company said the new Japanese price for a 20 mg vial of Opdivo will be 20143,100 yen, and 364,925 yen for the 100 mg vial.
|
|
Tokyo Shoko Research, which tracks Japanese bankruptcies, credited the weaken yen, for helping boost corporate earnings, and the low interest rate policy that made borrowing cheaper.
|
|
Most Japanese investors prefer to borrow dollars for overseas investments, rather than selling yen for dollars, because they do not want exposure to currency fluctuation risk.
|
|
Japan's No. 2 bank by assets, Mizuho Financial Group , recorded a seven percent fall in net profit to 358.2 billion yen for the April-Sept period.
|
|
Japan's top carmaker posted a 20 percent jump in operating profit to 3.83 trillion yen for the year to March 2018, outpacing rivals Volkswagen AG
|
|
One intriguing theory is that he has no yen for stripping insurance from tens of millions of Americans and having it come back to bite Republicans.
|
|
The dollar was last set to drop 6.49443 percent against the yen for the week to mark its biggest weekly percentage decline in about 13 months.
|
|
Social media devoured the world, after all, because it married our powerful yen for more attention with corporate juggernauts that offer the illusion of just that.
|
|
He has a yen for all things Native American, and there's a brief prick of unease as the new tutor is shown around by a housekeeper.
|
|
I Was Misinformed I had a yen for some really delicious nachos the other day, so I decided I would go to my local multiplex. Joke!
|
|
But while there's nothing wrong with a little yen for ye olden days — fashion was built on it — you can't ignore the reality of right now.
|
|
Sony cut its forecast for operating income by 5003 billion yen from its November predictions to 240 billion yen for the full fiscal year ending Mar. 31.
|
|
The dollar rose above 111.00 yen for the first time since late April, reaching 111.39 yen in early European trading, up nearly 1 percent on the day.
|
|
The company is forecasting a record operating profit of 630 billion yen for the year ending March 31st, suggesting Hirai will be going out on a high.
|
|
Operating income fell 15 percent from the same period last year to 642 billion yen for the quarter, still topping average Reuters estimate of 493 billion yen.
|
|
SoftBank said on Wednesday its operating profit at the Saudi-backed $100 billion Vision Fund surged 66% to 397.6 billion yen for the three months ended June.
|
|
For those with a yen for a certain cuisine, Spotted by Locals will let you know what's close by and how much you can expect to pay.
|
|
Semiconductor products maker Miraial jumped 6.4 percent after it raised its net profit outlook to 1.25 billion yen from 950 million yen for the year ended January.
|
|
Semiconductor products maker Miraial jumped 8.6 percent after it raised its net profit outlook to 1.25 billion yen from 950 million yen for the year ended January.
|
|
This pushed the dollar to its lowest against the safe-haven Japanese yen for more than two weeks at 116.11 yen, down 0.6 percent on the day.
|
|
If, however, you get a yen for, say, the bag of gold Trump chocolate bullions in your room at Trump SoHo, it will set you back $35.
|
|
In any case, he appears to have either forgotten or disregarded this consideration in favor of some other shiny object that would satisfy his yen for revenge.
|
|
The lender's net interest income at the banking arm came in at 652.2 billion yen for the nine months through December, a 6.3% decline year on year.
|
|
Showa Denko said it was offering to pay a total of 964 billion yen for shares in Hitachi Chemical, including from Hitachi as well as the market.
|
|
Those restructuring measures could result in a loss of as much as 79 billion yen for this financial year ending in March, the company said this week.
|
|
Some market participants said the dollar could find support against the yen for now, especially if Japanese importers and intuitional investors opt to buy the dollar on dips.
|
|
However, Screen Holdings dived 10 percent after the company cut its net profit outlook sharply to 17 billion yen from 30.5 billion yen for the year ending March.
|
|
Some market participants said the dollar could find support against the yen for now, especially if Japanese importers and institutional investors opt to buy the dollar on dips.
|
|
On the other hand, Daiwa House jumped 6.8 percent after it raised its operating profit to 370 billion yen from 354 billion yen for the year ended March.
|
|
The Japanese government is backing KHI's Australian initiative and budgeting 4.7 billion yen for it and related efforts this financial year, up 70 percent from the previous year.
|
|
Thus, NASA banned bread on all space missions ever since, and hungry astronauts with a yen for a sandwich have had to sate themselves with a tortilla wrap.
|
|
The Bank of Japan's quarterly "tankan" survey of business sentiment published on Monday showed big manufacturers saw the dollar averaging 20.04 yen for the 21/2817.96 financial year.
|
|
The Japanese yen continued to pull back from recent highs against the U.S. dollar, last at 108.5 yen for the greenback's first gain against the yen in April.
|
|
Japan Steel Works jumped 20 percent after the company raised its operating profit outlook to 14 billion yen from 12.5 billion yen for the year ending March 2018.
|
|
Oracle Corp Japan jumped 12.3 percent after the company's parent net profit rose 6.6 percent on year to 38.7 billion yen for the fiscal year ended in May.
|
|
The investment bank also added that it expects Sony to report operating profit guidance of at least 500 billion yen for the fiscal year ending in March 2018.
|
|
The three companies also paid out 425 billion yen for the 2011 floods in Thailand that hit key industrial areas, severely affecting Japanese manufacturers operating in the country.
|
|
The government-run residential earthquake insurance scheme has paid out 1.27 trillion yen for the 2011 earthquake and tsunami disaster, according to the General Insurance Association of Japan.
|
|
Mizuho's net interest income, or profits from lending and bond coupons, fell to 407.4 billion yen for the first six months, from 436.4 billion yen a year earlier.
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Meanwhile, NEC Corp dived 11 percent after it cut its operating profit forecast to 100 billion yen from previously forecast 135 billion yen for the year ending March.
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They forecast a combined operating loss of 84 billion yen for the year ending March 2017, versus a July prediction of a combined loss of 23 billion yen.
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Asakawa justified Japan's hefty current account surpluses, running about 20 trillion yen for a third straight year to 2018, which mostly consist of income gains from overseas investment.
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Convenience-store operator Lawson Inc shed 3.6 percent after its operating profit dropped 6.9 percent on the year to 16.25 billion yen for the first quarter ended May.
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Currently, most Japanese banks operating in Hong Kong procure funds by exchanging the yen for U.S. dollars, and then use the U.S. currency to purchase Hong Kong dollars.
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In the arena's concourse, lines of 30 or more waited to purchase a wide assortment of W.J.B.L. merchandise — 300 yen for buttons; 1,200 for programs; 3,000 for shirts.
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Already, budget requests from Japan's government offices have hit a record 102.7658 trillion yen for the next fiscal year starting in April, the finance ministry announced on Friday.
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Sharp forecasts net profit of 69 billion yen for the year through March, which would be its first annual profit in four years following cost-cutting under Foxconn.
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Profit for the overall group reached 2.6 billion yen for the quarter versus 438 billion yen a year prior, the technology investor said in a stock exchange filing.
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On the other hand, Daiwa House jumped 8.1 percent after it raised its operating profit to 370 billion yen from 354 billion yen for the year ended March.
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Sterling fell as much as 0.9 percent to 136.87 yen, its weakest since mid-January, as the dollar fell below 110 yen for the first time in five months.
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The 0.33 earthquake in Japan had resulted in a nearly 7 percent appreciation of the yen for the first few days afterwards on the expectation of increased repatriation flows.
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"We've been short sterling/Japanese yen for three months and we are considering to reduce (the short) now," said Vasileios Gkionakis, global head of forex strategy at Lombard Odier.
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The 0.033 earthquake in Japan had resulted in a nearly 7 percent appreciation of the yen for the first few days afterwards on the expectation of increased repatriation flows.
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Hon Hai made the second highest offer, of about 2 trillion yen, for Toshiba Corp's chip unit after Broadcom Ltd, a source briefed on the matter said on Thursday.
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Market participants may be wary of actively buying the dollar against the yen for now, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.
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Calsonic, which makes air conditioning units, compressors and radiators, posted an operating profit of 38.24 billion yen on sales of 1.05 trillion yen for the year ended March 31.
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Mitsubishi UFJ Financial Group surged 1.5 percent after the bank raised its net profit outlook to 950 billion yen from 850 billion yen for the fiscal year ending March.
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Panasonic is targeting annual sales of 2 trillion yen for its automotive business in the year ending March 2019, up from 1.3 trillion yen in the year ended March.
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Speculators, meanwhile, turned net short on the Japanese yen for the first time since last December to 269 short contracts, from net long contracts of 10,900 the previous week.
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The dollar was 0.4 percent lower against the yen for the week, during which it pulled away from a six-month high above 113 yen scaled on July 19.
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Once the new system kicks in, the Japanese banks will be able to procure Hong Kong dollars without having to pay the cost of exchanging yen for the greenback.
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Luxury has always had a yen for co-opting the uniforms of the revolution, but that doesn't make the contrast between implicit value systems any less extreme — or uncomfortable.
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The dollar/yen rally is in its seventh trading day, with the dollar having broken through the psychologically significant barrier of 112 yen for the first time since Jan.
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Officials from two other big insurers, Meiji Yasuda and Sumitomo Life, also said they expect the dollar's bottom to be around 100 yen for the financial year ending in March.
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The company maintained its profit forecast of 230 billion yen for the year ending March 2020, a 28% drop from last year and its weakest in more than a decade.
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Elsewhere, cooking appliance maker Zojirushi dropped 2.7 percent after the company posted a 35.6 percent fall in its operating profit to 3.069 billion yen for the first quarter ended February.
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In the Bank of Japan's tankan survey in December, automakers predicted the dollar would trade at 109.75 yen for the year ending March, compared with 106.80 yen forecast in September.
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Japan's No. 3 automaker posted an operating income of 252.4 billion yen for the April-June period, down 16% from 299.3 billion yen a year ago and lagging analyst forecasts.
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Beth has inherited this yen for adventure, and on a trip to Nepal, she runs into Gary (Todd Lawson), who's in flight from his failed relationship with Claire (Renata Friedman).
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The two firms will target net profit of at least 500 billion yen for the total of three business years from 2019, and plan a payout ratio of 50 percent.
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SoftBank maintained its forecast for operating profit to rise 10 percent to 700 billion yen for the year through March, versus the 691 billion yen average of 13 analyst estimates.
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The broader Topix hit a fresh one-year low, dropping 210 percent to 21.13,21.30, causing market capitalization to fall below 29 trillion yen for the first time since September 26.
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Foreign investors can now earn a hefty return because of elevated spreads on dollar/yen basis swaps, in which players swap dollars and yen for a set period of time.
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The premium over interbank rates that investors were paying to swap yen for one-year dollar funding was around 68 basis points, close to the 2016 highs hit last week.
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The premium over interbank rates that investors were paying to swap yen for one-year dollar funding was around 68 basis points, close to the 2016 highs touched last week.
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The premium over interbank rates that investors were paying to swap yen for one-year dollar funding was around 68 basis points, close to the 2016 highs hit last week.
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Japanese media had previously reported that Hon Hai, also known as Foxconn, was offering as much as 700 billion yen for Sharp, although Reuters has not verified such a bid.
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Although the appraisal price of the land was 956 million yen, an estimated cost of 822 million yen for land cleanup activities was deducted from the sale price, Kyodo said.
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Elsewhere, pharmaceutical company Iwaki & Co jumped 7.1% after it raised its net profit forecast to 870 million yen from 650 million yen for the six-month period ended May 2019.
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Elsewhere, pharmaceutical company Iwaki & Co jumped 4% after it raised its net profit forecast to 870 million yen from 650 million yen for the six-month period ended May 2019.
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Bucking the weakness, Oracle Corp Japan jumped 11 percent after the company's parent net profit rose 6.6 percent on year to 38.7 billion yen for the fiscal year ended in May.
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On the Tokyo Stock Exchange's main board, turnover was below 2 trillion yen for the past four days, compared with the average of about 2.6 trillion yen over the past year.
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SMBC Nikko Securities said that while the market expects the mining business to peak, Hitachi's mining business is expected to rise 27 percent to 184.7 billion yen for the current year.
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Against the yen, the dollar slipped 0.3 percent to 109.92 yen for its fourth-day of losses against the Japanese currency and briefly touched a six-week low of 109.905 yen.
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Yet it will do little to mollify those who say liberal capitalism has neglected human needs beyond the yen for economic advancement—for community, say, or a sense of wider belonging.
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Elsewhere, Mitsubishi UFJ Financial Group, which surged 1.7 percent after the bank raised its net profit outlook to 950 billion yen from 850 billion yen for the fiscal year ending March.
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On Wednesday, the Nikkei business daily reported the automaker would report operating profit of "several billion yen" for the quarter, around a 90% drop from 109.1 billion yen a year earlier.
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Market analysts said that investors are likely to continue to take heart from the weak yen for now, while strength in tech shares is expected to support the Nikkei benchmark index.
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It forecast an operating profit of 270 billion yen for the current financial year, above a market consensus for around 2.11 billion yen, on continued strength in China and Southeast Asia.
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MUFG's net profit came in at 13 billion yen for the July-September period, versus 301.6 billion yen a year ago, Reuters calculations based on the bank's six-month results show.
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A budget request submitted in August earmarked 7.4 billion yen for a new large jet engine test facility that Japan's defense ministry will need to test a prototype F-3 engine.
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Next fiscal year's budget is also expected to exceed 100 trillion yen for a second straight year, highlighting the difficulty in curbing fiscal spending at a time of rising economic strains.
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It did not provide an earnings forecast, but a Thomson Reuters survey of 13 analysts has forecast a mean recurring profit of 342.8 billion yen for the year through March 2019.
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For technical assistance, Mr. Reich consulted engineers from Experiments in Art and Technology, a nonprofit group capitalizing on Cold War funding for technological research and the countercultural yen for zany investigations.
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The maker of Legacy sedans and Forester SUV crossovers maintained its forecast for operating income at 260 billion yen for the year to March 2020, up 45% from a year earlier.
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The basic premise here has been a staple of satire since Marie Antoinette got in touch with her inner milkmaid: Spoiled, insulated royalty develops a yen for so-called real life.
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Japanese tea beverage drink maker Ito En jumped 6.91 percent after saying it expects an 11.5 percent rise in net profit of 14 billion yen for the year ending April 2019.
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The premium over interbank rates that investors were paying to swap yen for one-year dollar funding was around 72 basis points, still close to the 2016 highs hit last week.
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" The upstart guide, aimed at younger readers with a yen for culinary adventure, took dead aim at the sedate Michelin Guide, which Mr. Millau liked to dismiss as "a telephone book.
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Annual operating profit was forecast to fall 5% to 245 billion yen ($2.24 billion), against a previously expected rise to 275.0 billion yen for the year to the end of August.
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With risk aversion high, the safe-haven yen was propelled through major technical levels and triggered massive stop-loss flows from investors who have been short of the yen for months.
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A budget request submitted in August earmarked 7.4 billion yen for a new large jet engine test facility that Japan's defence ministry will need to test a prototype F-3 engine.
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Elsewhere, agricultural chemical maker Nihon Nohyaku tumbled 4.3 percent after it cut its operating profit outlook to 3.1 billion yen from its previously forecast 3.9 billion yen for the year ending September.
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Outperforming the broader market, Tsuruha Holdings , a drugstore operator, jumped 4% after it said it expects its net profit to grow 5.1% to 26.1 billion yen for the year ending May 2020.
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Amid heavy discounting to offload winter inventory, the retailer now expects an operating profit of 260 billion yen for the financial year through August, versus its previous estimate of 270 billion yen.
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GPIF, which managed 157 trillion yen, or about $1.38 trillion, of pension money for Japanese nationals during the quarter, reported on Thursday a gain of 4.45 trillion yen for the three months.
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That is what encouraged investors to pile resources into the yen, for instance, when North Korea tested ballistic missiles in 2017, or buy francs during the 13-13 euro zone debt crisis.
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The company also booked a special loss of 40.7 billion yen for the previous year, saying it was setting aside reserves for costs related to air bag inflators used in its products.
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Outperforming the broader market, Tsuruha Holdings , a drugstore operator, jumped 4% after it said it expects its net profit to grow 5.1% to 26.1 billion yen for the year ending May 2020.
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This year, Sony began to offer starting salaries of up to 7.3 million yen for postgraduates proficient in areas such as AI, compared with its standard starting salary of 6 million yen.
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I don't know who the audience for this book is, but I imagine that it's people with too much money and a yen for impressing their friends with their avant-garde tastes.
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At its wholesale division, which counts corporations and institutional investors as clients, pretax profit was 28.1 billion yen for the latest quarter compared with a loss of 22.8 billion a year earlier.
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The dollar continued to perform well, however, against the yen — reaching 113 yen for the first time in seven weeks — and the bloc of commodity-linked currencies headed by the Australian dollar.
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The dollar continued to perform well, however, against the yen - reaching 113 yen for the first time in seven weeks - and the bloc of commodity-linked currencies headed by the Australian dollar.
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Askul Corp tumbled 9.2 percent after its pretax profit dropped 54.5 percent on year to 958 million yen for the first half ended November hit by rising delivery costs amid driver shortage.
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Japan's No.13 automaker now expects an operating income of 690 billion yen for the year to March 2020, the lowest since the year-ended March 2016, from 770 billion yen previously.
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Tsuruha Holdings, a drugstore operator, bucked the weakness and jumped 5.4% after it said it expects its net profit to grow 5.1% to 26.1 billion yen for the year ending May 2020.
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The Bank of Japan's quarterly tankan survey of business sentiment, released early on Monday, showed that Japan's large manufacturers expect the dollar to average 107.92 yen for the fiscal year through March 2017.
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In company news, Japanese electronics manufacturer Sharp reported a net loss of 255.9 billion yen for the financial year ended March 31, 2016, compared to the previous year's net loss of 222.3 billion.
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Despite the dollar's recent gains, it last remained down 8 percent against the yen for the year, putting it on track to post its worst yearly percentage decline against the yen since 2010.
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Tokyo Seimitsu soared 16 percent after it raised its net profit forecast to 13.6 billion yen from 12.8 billion yen for the year ending March thanks to strong sales of semiconductor manufacturing equipment.
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Elsewhere, Mitsui Fudosan rallied 3.5 percent after the realtor raised its net profit forecast to 163 billion yen from 153 billion yen for the year ending March 2019 thanks to strong condo sales.
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Discount store operator Don Quijote Holdings rose 3 percent after saying that it expects a 4.2 percent rise in its full-year operating profit to 45 billion yen for the year ended June.
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Two notable developments within that broad shift stood out — funds opened up their biggest short position in the yen for four months, and the biggest short position in sterling since September last year.
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Toyota said it is assuming an average U.S. dollar rate of 110 yen and euro rate of 124 yen for the year, compared to earlier estimates of 105 yen and 115 yen, respectively.
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That level is stronger than the exchange rate assumed by even the most cautious exporters, such as Toyota Motor and Fanuc, which expect the dollar at 105 yen for the current business year.
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Toyota booked an operating profit of 676.1 billion yen for the third quarter, slightly below the market's average estimate of 680.8 billion, according to Refinitiv, but up 0.4 percent from a year earlier.
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The firm in August said it would shut down production lines and reduce its workforce by 30 percent, resulting in a special loss of 170 billion yen for the financial year ending March.
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That would come on top of the budget requests, making it likely that the size of the fiscal 2019 initial budget will exceed 100 trillion yen for the first time ever, analysts say.
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The group raked in a profit of 101.33 billion yen for the third quarter ended November, up from 92.5 billion yen a year ago, helped by robust growth at its overseas convenience stores.
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"The dollar has come a long way, and my sense is that it doesn't have the strength to break above 1.37483 yen for now," Okagawa said, referring to the outlook for this week.
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Despite the dollar's recent gains, it last remained down 7.7 percent against the yen for the year, putting it on track to post its worst yearly percentage decline against the yen since 2010.
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Sony said it expected operating income to come in at 300 billion yen ($2.72 billion) for fiscal 2017, a 2 percent increase from the 1.373 billion yen for the year ended March 31, 2016.
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It was in part from d'Entrecolles' dispatches that Josiah Wedgwood, an English potter, developed the division of labour that made his own factories so successful in catering to the middle-class yen for china.
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T), that makes a sizeable dent in operating profit - a one yen rise against the dollar can cost as much as 40 billion yen ($400 million) for Toyota and 1 billion yen for Panasonic.
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Against the Japanese , which tends to benefit during geopolitical or financial stress as Japan is the world's biggest creditor nation, the dollar briefly rose above 110 yen, for the first time since Dec. 31.
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The yen gained more than 1 percent on Tuesday, its biggest one-day rise in three months against the dollar, with the greenback falling below 110 yen for the first time since mid-November.
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Subaru is assuming an average dollar rate of 110 yen for the current year, anticipating a stronger yen over the year compared with the currency pair's trading rate of around 113 yen on Tuesday.
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Sharp Corp tumbled more than 5 percent after the Nikkei business daily reported that it is expected to book operating loss of at least 10 billion yen for the nine months through December 2015.
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TOKYO (Reuters) - Japanese retail traders have turned bullish on the yen for the first time in 2-1/2 years, a telling sign they are losing confidence over government efforts to cheapen the currency.
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Bucking the weakness, Canon Inc gained 1.8 percent after the company said it will pay an dividend of 75 yen for the fourth quarter through December, making the total annual dividend payout 150 yen.
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The investment conglomerate said its $100 billion Vision Fund recorded an unrealized loss of 537.9 billion yen for the six months as the value of its tech bets such as WeWork and Uber tumbled.
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The investment conglomerate said its $100 billion Vision Fund recorded an unrealised loss of 537.9 billion yen for the six months as the value of its tech bets such as WeWork and Uber tumbled.
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IHI Corp dropped 19 percent after the company said it expects a net loss of 30 billion yen for the fiscal year through March, instead of the previously forecast profit of 18 billion yen.
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The one-year dollar/yen basis swap spread, or the cost of swapping yen for dollars for a year, dropped to around 70 basis points from around 77 basis points before the BOJ decision.
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It dissolves all the core romantic relationships of the show — and sets up the eventual return of Spike, cured of his lovesickness through his yen for violence and back to his old, evil self.
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Some have also expressed disappointment that the remake doesn't have an Asian director (Yen, for her part, says that she would have loved to have seen how a Chinese director would remake the movie today).
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But the Pokémon phenomenon hasn't translated into success for the games giant — Nintendo carded a $207 million loss (204 billion yen) for Q250 2016 on revenue of $587 million (62 billion yen), down 30 percent.
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Speaking to reporters, Aso also said the $30 billion currency swap deal Japan signed with China last week would support Japanese companies and banks operating in China if they had trouble exchanging yen for yuan.
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Department store operator Matsuya Co stumbled 6.9 percent after the company cut its net profit outlook to 250 million yen ($2.2 million) from a previous forecast of 400 million yen for the March-August period.
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"In popular IPOs, there are several cases this year in which we received orders worth over 1 trillion yen for a single deal during book-building period," he said, declining to comment specifically on SoftBank.
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The sweet-and-salty fries, which come with two types of chocolate sauce - milk and white - cost 330 yen (2.77 US dollars), compared with 270 yen for a medium-sized portion of the regular version.
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Against the Japanese yen, which tends to benefit during geopolitical or financial stress as Japan is the world's biggest creditor nation, the dollar briefly rose above 110 yen, for the first time since Dec. 31.
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Chat app operator Line Corp, which is diversifying into fintech and AI, also boosted annual pay to top graduates to as much as 8 million yen compared to 5.5 million yen for lower-skilled engineers.
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Takata kept its net profit forecast for the year to March 31 at 5 billion yen ($42.81 million), after posting a net profit of 2.52 billion yen for the first three quarters to Dec. 31.
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The basic funeral service fee starts from 95,800 yen ($860.66) for a one-kilogram hamster or bird and can go up to 114,800 yen for a 20-kilogram dog, according to funeral services company Kokolone.
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Growing bets on a possible Federal Reserve rate increase as early as in June or July reduced demand for U.S. government debt while pushing the U.S. dollar up against the yen for a second day.
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Sony's full-year operating profit for the current fiscal year could potentially top the consensus forecast of 673 billion yen for the year ending in March 2020, said Atul Goyal and Chengyao Zhang of Jefferies.
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NEW YORK (Reuters) - The dollar fell on Monday, dropping versus the yen for a third straight session, as China imposed extra tariffs on U.S. products, escalating a dispute between two of the world's biggest economies.
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On the other hand, Advantest Corp soared 2.6 percent after the company hiked its operating profit forecast to 14.5 billion yen for the year ending March 123, up from a previously forecast 11 billion yen.
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Naruke also said that Toshiba expects to invest around 1 trillion yen in its flash memory chips business for the three years from April 2019, up from 860 billion yen for the three years prior.
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Any divergence between Trump and his fellow Republicans in the legislature is down to the president having a greater yen for Very Strong Action on issues that matter to people outside Washington than most Republicans.
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The yen's surge after the Bank of Japan reduced its bond purchases on Monday lifted global bond yields and hit emerging currencies, many of which are suffering their worst week against the yen for months.
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In the embrace of the Trump family there is hint of a submerged yen for monarchy which, in America, seems to have cross-fertilised with a worship of celebrity—and helped to propel Mr Trump's candidacy.
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Troubled air-bag maker Takata also reported a full-year net income loss of 13.1 billion yen for the year ended in March, hit by costs for recalls of its potentially deadly airbag inflators, reported Reuters.
|
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Shareholder returns of firms listed on the first section of the Tokyo Stock Exchange, which include both buy-backs and dividends, totalled 17.7 trillion yen for the fiscal year through March, according to Goldman Sachs data.
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Restaurant operator Watami nose-dived 9.2 percent after the company posted an operating loss of 223 million yen for the April-June period, compared to an operating loss of 112 million yen in the previous year.
|
|
Z Holdings Corp surged 6.0% after the internet services firm reported a net profit of 75.1 billion yen for the April-December period, up 7% from a year earlier, due to its consolidated subsidiary of ZoZo.
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The company also released a new business plan and aims to boost profit to 900 billion yen in the year through March 31, 2022, from a forecast of 640 billion yen for the current financial year.
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If the government issued perpetual bonds directly to the BOJ, it could amount to the Bank funding government spending directly by printing new yen, for the first time shooting "helicopter money" directly at businesses and consumers.
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Nippon Steel also plans to set aside 5003 billion yen for business investment, including for mergers and acquisitions (M&A), for the next three years, up from 210 billion yen spent over the previous three years.
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While the latest Bank Of Japan tankan survey showed that big manufacturers expect the dollar to average 108.43 yen for this fiscal year, the dollar traded at 133 yen on Monday, its lowest since mid-November.
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The firm posted a loss of 22 billion yen ($210 million) at Caserones in the six months ended in September and expects the loss to grow to 31 billion yen for the full year, he added.
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The tax hike would generate around 5 trillion yen ($44.22 billion) in revenue, but Abe plans to earmark only around 2 trillion yen for education and welfare, which is supportive of fiscal policy, de Guzman said.
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Most automakers expected the dollar to trade at 105 yen when they released annual forecasts in May for the year ending March 2017, while most electronics makers used 100 yen for their dollar-yen exchange assumptions.
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Yet, loans remained expensive in offshore markets, with Japanese banks paying a premium of 173 basis points to swap yen for one-month dollars, almost a tenfold climb over the average price in the past year.
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Aiming to counter declining sales with cost cuts, Japan Display plans to streamline production lines and reduce 30 percent of its workforce, resulting in a special loss of nearly 170 billion yen for the current year.
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In Japan, for example, you'll pay only an extra $20 on the base cost of each handset (starting at 112,800 yen for 64GB), and Canada's not too bad either, adding an additional $80 on the price tag.
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Semiconductors saw a 27.6 percent on-year increase in operating income to 27.2 billion yen for the quarter, due to a rise in sales of its CMOS image sensor to smartphone makers such as Apple and Samsung.
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Canon dropped 2 percent after it cut its operating profit forecast to 274.0 billion yen from 325.0 billion yen for the year ending December, hit by weak camera demand as more people take photos on their smartphones.
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Against the yen, the dollar fell 0.1 percent to 110.13 yen for its fourth-day of losses against the Japanese currency and just off a near six-week low of 20193 yen brushed earlier in the session.
|
|
Operating profit at its semiconductor business, which includes image sensors, is expected to grow to 160-200 billion yen in the financial year ending March 2021, compared with a prediction of 100 billion yen for this year.
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I went around the corner and found one of a small restaurant chain called Nishimuraya, which had a menu more in my price range: 21941,266 yen for a serving of Kobe beef, rice, soup, salad and pickles.
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"The dollar has come a long way, and my sense is that it doesn't have the strength to break above 110 yen for now," said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.
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The defense ministry has requested 5.3 trillion yen for next fiscal year, a 2.1 percent increase from the current fiscal year to help pay for major upgrades of defense systems designed to shoot down North Korean ballistic missiles.
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|
On Thursday, a source said that Toshiba had received bids of between 2355 billion yen to 2000 billion yen for the flash memory stake, a range that could cover the 210 billion yen the company wants to raise.
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On top of tax cuts, Abe's government is considering large fiscal spending when it draws up its annual budget draft for next year later this month, which analysts expect to exceed 100 trillion yen for the first time.
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Fast Retailing, owner of the Uniqlo casual-wear brand, jumped 20.2 percent after saying on Thursday it expected operating profit to jump 2112980.32 percent to a record high 175.0 billion yen for the year ending in August 2017.
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The Japanese technology giant expects to report an operating income of 270 billion yen for the year ended March 2017, down from a previous forecast of 300 billion yen, and over 8 percent lower on the year before.
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The gains were helped by strength in the U.S. dollar, which climbed above 110 yen for the first time since April 123, lifting shares of Japan's exporters and other corporations that stand to profit from a weaker yen.
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The company, an leasing arm of Sumitomo Mitsui Financial Group, will receive interest of 25,000 yen for the borrowing, a phenomenon that is made possible only after the Bank of Japan introduced negative interest rates in late January.
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Japan's No. 3 lender, Sumitomo Mitsui Financial Group , reported a 7.5 percent fall in first-half profit to 359.2 billion yen for the April-Sept period, joining its rivals hurt by low interest rates at home and abroad.
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Industrial equipment maker Yaskawa Electric gained 1 percent after the company cut its operating profit forecast to 53 billion yen from 59 billion yen for the fiscal year ending February, with traders saying that the bottom maybe nearing.
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The biggest proposed outlay in the military budget will be on ballistic missile defense, with a request for 235 billion yen for two new powerful ground-based Aegis Ashore radar missile tracking stations built by Lockheed Martin Corp.
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The Japanese company plans to bid several billion yen for a majority stake in Coincheck as soon as this week and will set up a new management team to rehabilitate the exchange, the Nikkei Asian Review reported Tuesday.
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Yet, loans remained expensive in offshore markets, with Japanese banks paying a premium of 173 basis points to swap yen for one-month dollars JPYCBS3003M=TKFX, almost a tenfold climb over the average price in the past year.
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Yet, loans remained expensive in offshore markets, with Japanese banks paying a premium of 173 basis points to swap yen for one-month dollars JPYCBS3003M=TKFX, almost a tenfold climb over the average price in the past year.
|
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Japan's fifth-largest automaker reported a 1.9 percent rise in operating profit to 36.6 billion yen for the second quarter, supported by a weak yen while strong demand in China and at home offsetting sluggishness in the United States.
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Sources familiar with the situation said Sharp was likely to book an operating loss in the tens of billions of yen for the fiscal year ending this month, rather than the 10 billion yen profit it had previously forecast.
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The U.S. dollar rose against the yen for a second straight day and hovered near its highest level in roughly 10 weeks against the euro on Wednesday on expectations for a Federal Reserve rate hike in the near term.
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TOKYO (Reuters) - The dollar was little changed against other major currencies on Monday in holiday-thinned trading while the cost of swapping the yen for the dollar jumped as banks scrambled to raise dollars for the year-end period.
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The dollar extended its rally and rose above 22 yen for the first time since July 28.2, having bounced from a low of 21.8 after the BOJ tweaked monetary policy on Tuesday but stuck to an easy policy framework.
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The government will spend 23.3 trillion yen for debt-servicing - roughly a quarter of the overall budget - even as it keeps assumed interest rates at a record low of 1.1 percent due to the central bank's negative rate policy.
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Still, Honda reiterated its forecast for a 6% increase in operating profit to 770 billion yen for this fiscal year, and said it expected the yen to average around 110 to the U.S. dollar, unchanged from its previous forecast.
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Where: The Nakamise shopping street in AsakusaCost: 400 yen for two, roughly $3.68 USDThis chewy mochi (a type of Japanese rice cake) was filled with a rich custard and topped with strawberries, making for a sweet and refreshing dessert.
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Realtor Mitsubishi Estate Co jumped 4 percent after the company raised its net profit outlook to 112 billion yen from 108 billion yen for the fiscal year ending March 2018, thanks to strong building management business and other operations.
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Convenience store operator Lawson Inc tumbled 5 percent after the company expected an 13 percent drop in its operating profit to 60 billion yen for this fiscal year ending February 2019 as it continues to invest in new businesses.
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Toshiba shares skidded 1.2 percent after the company said it expects to post a net loss of 110 billon yen for the fiscal year through March, compared with its previous forecast for a net profit of 230 billion yen.
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Net profit will dip 33 percent this year to 17 billion yen, based on the assumption that the dollar will average 105 yen this year, compared with a more favourable 121 yen for the past year, the company said.
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Realtor Mitsubishi Estate Co jumped 3.9 percent after the company raised its net profit outlook to 112 billion yen from 108 billion yen for the fiscal year ending March 2018, thanks to strong building management business and other operations.
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It also announced a mid-term business plan in which it aims for earnings per share of 640 yen for the fiscal year ending March 2024, 50 percent more than the 425 yen posted in the fiscal year ended March 2018.
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Flat knitting machine maker Shima Seiki dropped 1.7 percent after it cut its operating profit outlook to 4.3 billion yen from 8.0 billion yen for the year ended March as its clients slashed their capital investment amid falling production output.
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TOKYO, Oct 31 (Reuters) - Japan's Toshiba Corp raised its operating profit estimate to 95 billion yen ($906 million) from the previous forecast of 70 billion yen for the April-September period, in the second upward revision in just about a month.
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Despite other listed railway plays tumbling this year – West Japan Railway's shares were down around 22 percent year-to-date – Kyushu Railway offered investors one key attraction: A forecasted dividend of around 75 yen, for a yield of around 3 percent.
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"There are some Japanese commercial accounts that were caught by surprise by the dollar's rise after Trump's election, and still have cover their dollar positions, and are now recalculating their internal expectations for dollar/yen for next year," he said.
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It also announced a mid-term business plan in which it aims for earnings per share of 640 yen for the fiscal year ending March 2024, 50 percent more than the 4763 yen posted in the fiscal year ended March 2018.
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The liquid crystal display (LCD) maker for smartphones, which gets more than half of its revenue from Apple, reversed its profit forecast for the year ending March after reporting a net loss of 1.3 billion yen for the October-December quarter.
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Global stocks fell for a third straight day as fears about a drawn-out global trade war, protests in Hong Kong and a crash in Argentina's peso currency kept investors huddled in bonds, gold, and the Japanese yen for safety.
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Last fiscal year, the insurer invested 70 billion to 80 billion yen in risky assets, such as foreign bonds, stocks and private equity commitments and the company has allocated 60 billion to 70 billion yen for such investments this fiscal year.
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The three-month dollar/yen currency basis swap spread, seen as the market premium demanded for swapping yen for dollar, stood at 0.80%, down from a peak of around 1.4% last week but still far above normal levels around 0.2-0.4%.
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The three-month dollar/yen currency basis swap spread, seen as the market premium demanded for swapping yen for dollar, stood at 0.80%, down from a peak of around 1.4% last week but still far above normal levels around 0.2-0.4%.
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Japan Airlines rose 2.8 percent after it raised its net profit outlook to 108 billion yen from 100 billion yen for the year through March and increased its annual dividend payout outlook to 96 yen per share from 90 yen.
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Semiconductor equipment maker Tokyo Electron jumped 8.4 percent and was the third most traded stock by turnover after it said it expected a 30 percent rise in its operating profit to 366 billion yen for this fiscal year ending March 13.
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A stake sale could help with that, as Toshiba plans to increase its investment in chips to around 1 trillion yen ($8.7 billion) for the three years from April 2019, up from 860 billion yen for the previous three years.
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She finds her yen for cocaine and sex — and maybe love — nearly satisfied by a Puerto Rican drug dealer (Brian Marc) in Elizabeth Wood's take on class and privilege, spun from her own experiences as a Midwesterner transplanted to New York.
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Flat knitting machine maker Shima Seiki stumbled 3.6 percent after it cut its operating profit outlook to 4.3 billion yen from 8.0 billion yen for the year ended March as its clients slashed their capital investment amid falling production output.
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Discount goods chain operator Don Quijote bucked the trend and soared 5.6 percent after saying it expects a 6.2 percent rise in sales to 1 trillion yen for the year ending June 2019, moving forward its goal for that volume by one year.
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The company said that while it would no longer set an official target for topline growth, it would continue targeting an operating profit - of 500 billion yen for fiscal year 2018, up from 410 billion yen estimated for the year ending Thursday.
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SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco IPO rather than the usual range, pegging the share sale at 2.4 trillion yen ($193 billion) in the country's biggest-ever listing.
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By about 2100, the Japanese government aims to roughly halve the cost of building a hydrogen fuelling station, which is currently about 22 million yen to 500 million yen ($3.8 million-$4.7 million), well above 100 million yen for a gasoline station.
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While the company is profitable at home, its expansion in the United States, where it is headed by former Facebook Inc executive John Lagerling, dragged it into a net loss of 4.2 billion yen for the year ended in June last year.
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NEW YORK (Reuters) - The U.S. dollar rose against the yen for a second straight day and hovered near its highest level in roughly 10 weeks against the euro on Wednesday on expectations for a Federal Reserve rate hike in the near term.
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Outperforming the market was Ono Pharmaceutical Co, which jumped as much as 14 percent after the drugmaker said its sales forecast for its new cancer treatment drug will likely be 126 billion yen for this fiscal year which ends in March 2017.
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Japan Post's 400 billion yen writedown on Toll has pushed the company towards an annual loss of 40 billion yen for the year ended in March, and came less than two years after its A$6.5 billion ($4.9 billion) acquisition of Toll.
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The Tokyo-based company said it expected a net loss of 70 billion yen for the financial year ending on March 13, having earlier forecast a profit of 190 billion yen, following hefty one-off losses in its copper and other resource assets.
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Nikon Corp jumped 9.4 percent after the camera maker raised its net profit outlook to 53 billion yen from 13 billion yen for the year ending March 2019, due to strong demand for high-end digital cameras as well as reduced costs.
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The installment included a reintroduction to the "Woodsmen," which seem to be otherworldly lumberjacks with extremely sooty skin and a yen for a cigarette light, an exploration of the Manhattan Project's mushroom cloud, and a look at where Giant (Carel Struycken) comes from.
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That coincided with the dollar breaking below 22.95 yen for the first time since November 210, and a selloff in global stocks as fears of a U.S.-led global trade war surged and the deepening controversy around Facebook hit the tech sector.
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He captured my yen for wearing leather jackets year-round over everything, my inability to look up from my Blackberry even when nearly running face first into other pedestrians, and got a good one of me leaving my endodontist's office, post-root canal.
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But the company assumes the margin improvement will drop to 2,000 yen for the year as steel prices in the rest of Asia are expected to drop in the six months between October and March versus the earlier six-month period, Miyamoto said.
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For the full-year through February, the company kept its forecast of 386.5 billion yen for operating profit, up 6 percent from the previous year and below an average estimate of 390.1 billion yen in a poll of 16 analysts by Thomson Reuters.
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I'm glad he also grew up with a vigilant parent who insisted on helmets and kneepads and safety goggles and sunscreen — a yen for adventure whispering in one ear; a sober respect for 53,000 pounds of barreling Yukon whispering in the other.
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To prevent credit markets from freezing up, it will set aside 2 trillion yen for additional purchases of commercial paper and corporate bonds and it would purchase Japanese real-estate trust funds (J-REIT) at a pace of 180 billion yen per year.
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Taiwan's Foxconn, formally known as Hon Hai Precision Industry Co, has offered over 600 billion yen for Sharp but has not yet proposed any detailed restructuring plan for the company, the sources said, requesting anonymity because they were not authorized to talk to the media.
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It said this month it expects to have made a net loss of 710 billion yen for the year ending in March compared with a previous estimate of a 550 billion yen loss, citing the need to fully reflect downside risks to its business.
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"We had assumed a rate of 105 yen for the full year, but the yen averaged around 111 yen in the first quarter, so that will have a big impact on full-year operating profit," senior managing director Kohei Takeuchi told reporters at a briefing.
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The U.S. dollar hit its highest level against the euro in more than three weeks on Wednesday and crossed 110 yen for the first time in nearly three weeks after Federal Reserve meeting minutes signaled a June interest rate hike was on the table.
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The exact size of the cut is still being worked out, but it could be smaller than the cut of 7.1 trillion yen for this year as the government plans stimulus to offset the impact of a sales tax hike in October 2019, they said.
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TOKYO (Reuters) - SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 2500,853 yen for its telco IPO rather than a price range as usual, pegging the deal at 285 trillion yen ($21 billion) in the country's biggest-ever listing.
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Foxconn, formally known as Hon Hai Precision Industry, had already offered over 600 billion yen for Sharp but had stopped short of detailing a restructuring plan, people with knowledge of the matter had said last week, dampening enthusiasm for its proposal among Sharp advisers.
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Yep, if you spent a healthy amount of your childhood jumping on the bed doing your best karate moves as the Pink Ranger (anybody?), you might recognize Yen for her role as Vypra, the evil villainess in Power Rangers Lightspeed Rescue in the early 2000s.
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The U.S. dollar fell below 108 yen for the first time in 17 months on Thursday on continued expectations the Bank of Japan was unlikely to intervene, while the euro fell against the dollar on the potential for a more dovish European Central Bank.
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TOKYO, May 30 (Reuters) - The dollar rose above 111.00 yen for the first time since late April, with Monday's market move underpinned by comments late last week from Federal Reserve Chair Janet Yellen that backed expectations of a near-term U.S. interest rate hike.
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After strong sales of image sensors and other electronics components, along with years of restructuring under outgoing CEO Kazuo Hirai, the company is flourishing again, with a record-high profit forecast of about $2000 billion (2119.99 billion yen) for the year ending March 31.
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Taiwan's Hon Hai Precision Industry Co, also known as Foxconn, has offered 600 billion yen for Sharp but has not yet proposed any detailed restructuring plan for the company, the sources said, requesting anonymity because they were not authorised to talk to the media.
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The company said that its automotive and industrial parts unit is expected to see the largest growth in terms of sales in the year ending March 2022, to 2.5 trillion yen, compared to about 1.3 trillion yen for the last fiscal year ended March 2017.
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The total package, to be approved by Prime Minister Shinzo Abe's cabinet next Tuesday, also includes 6 trillion yen for a fiscal loan and investment program aimed at spurring private-sector spending such as for construction of a "maglev" train line, the sources said.
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The company also said it expects to book a loss of around 3.5 billion yen for the same year to settle product liability claims related to its faulty air bag inflators, which has resulted in a recall of more than 50 million air bags worldwide.
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Of course we know that the Banks family will never come to ruin—not when Mary Poppins can wield her influence—but the gravity of their predicament, and their yen for solace in the murk of pain and insecurity, imbue the film with resonant somberness.
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The premium to swap yen for three-month dollars touched a high of 144 basis points on Monday, nearly five times higher than at the end of February, before retreating sharply as the Bank of Japan conducted a huge injection of dollar funds on Tuesday.
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Ms. Williams's Virgil Abloh for Nike asymmetric tulle tutu, which looks like the sort of thing a "Swan Lake" cygnet might wear if she suddenly developed a yen for breathable fabrics, and Maria Sharapova's LBD with strategic back cutouts, were cut into recognizable cocktail silhouettes.
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The government will earmark 800 billion yen for a new program that will offer free day care for children 3 to 5 years old and free childcare for low-income households with children up to 2 years old from April 2019, the newspaper said.
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The government will earmark 800 billion yen for a new programme that will offer free day care for children 3 to 5 years old and free childcare for low-income households with children up to 13 years old from April 2019, the draft obtained by Reuters showed.
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NEW YORK (Reuters) - The U.S. dollar fell below 108 yen for the first time in 17 months on Thursday on continued expectations the Bank of Japan was unlikely to intervene, while the euro fell against the dollar on the potential for a more dovish European Central Bank.
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Like the insurrection of rock and roll against show tunes and sugary popular music, Munch's touchstone images came to satisfy a yen for something grittier and more urgently engaging than the formalism, based in Impressionism and Cubism, that was upheld by art historians at the time.
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NEW YORK (Reuters) - The U.S. dollar hit its highest level against the euro in more than three weeks on Wednesday and crossed 110 yen for the first time in nearly three weeks after Federal Reserve meeting minutes signaled a June interest rate hike was on the table.
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Though the sports brands (Nike, Adidas, Puma) were the first to see the possibilities in combining our yen for a sneaker wardrobe with the planned obsolescence of fashion, the brands themselves soon cottoned on to the possibilities of the style, and the money to be made.
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NEW YORK (Reuters) - The U.S. dollar fell below 108 yen for the first time in 17 months on Thursday on bets the Bank of Japan will refrain from intervention, while the euro slipped against the dollar on the potential for a more dovish European Central Bank.
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Digital spending is on the rise, with the ad market for internet media growing 15 percent to 1.5 trillion yen in 2017 - its fourth straight year of double-digit expansion - compared with a 2.3 percent fall to 2.8 trillion yen for traditional media, according to Dentsu.
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Meanwhile, Sony's own smartphone handset business was one of few weak spots in the robust earnings as the firm is now bracing for a loss of 95 billion yen for this financial year and expects the business to return to profit only in the year from April 2020.
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Defying the rally, Chiyoda Corp nosedived 21 percent and was the biggest percentage decliner on the board after the engineering company cut its forecast to an operating loss of 86.5 billion yen for the year ending March, compared with a previous forecast of 11.5 billion yen in operating profit.
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The main arm of MS&AD Insurance Group Holdings has raised the total such investment to 90-100 billion yen for the year, up from an initially planned 60-70 billion yen, Tomonori Mano, manager of the investment planning department at Mitsui Sumitomo, told Reuters in an interview.
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Foxconn, formally known as Hon Hai Precision Industry, previously offered over 600 billion yen for Sharp but the Japanese company and its lenders had not taken the offer too seriously as it lacked a detailed restructuring plan, other people with knowledge of the matter had said last week.
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According to Lyst, the global fashion search platform, Dolce & Gabbana moved back into the top 20 most-searched brands in the first quarter of 2019, after disappearing in late 2018, and ranks 15th overall, thanks to our yen for floral dresses, T-shirts, printed swimwear and men's sneakers.
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The new projection, part of a recommendation from a government panel considering the future of Tepco and Fukushima Daiichi, also calls for 7.9 trillion yen in reparations, up from 5.4 trillion yen, and 5.6 trillion yen for the treatment and storage of contaminated soil, up from 3.6 trillion yen.
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Conversely, discount goods chain operator Don Quijote bucked the weakness and soared 4.4 percent after the company said it expects a 6.2 percent rise in its sales to 1 trillion yen for the year ending June 2019, moving forward its goal to post 1 trillion yen in sales by one year.
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Meanwhile, convenience store operator Lawson Inc underperformed, falling as much as 3.3 percent to hit a 5-1/2 year low of 6,350 yen after the company's operating profit fell 22 percent on the year to 12.68 billion yen for the first quarter ended May, hit by rising system costs.
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The company's data scandal cut its profit by 6 billion yen during the six months and the company expects the issue will have a profit impact of 11 billion yen for the year, 1 billion yen more than its earlier estimate, said Kobe Steel Senior Managing Executive Officer Yoshihiko Katsukawa.
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SoftBank said its $100 billion Vision Fund contributed an operating loss of 970 billion yen ($8.9 billion) during the July-September quarter, and an unrealized loss of 537.9 billion yen for the six months of the year as the value of its tech bets such as WeWork and Uber Technologies tumbled.
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The culture course visits the millennium-old Narita-san Shinsho-ji Temple; the food course raids a 30-dish Japanese buffet at Fu-Wa-Ri (1,500 yen for adults); and the nature course includes a countryside hike and a stop at Nichihon-ji Temple, famed for its bounty of hydrangeas.
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Steve Lacy's skittering subtlety on guitar and solid quietude on bass suit what we might as well call her spirituality, a gentleness that never comes across genteel or weak or connects explicitly to her unassuming lesbianism, although you begin to sense a yen for serious romance after enough fooling around.
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Even after the BOJ's operations, the three-month dollar/yen currency basis swap spread, seen as the market premium demanded for swapping yen for dollar, stood at 80 basis points, or 0.80% , down from a peak of around 1.4% last week but still far above normal levels around 0.2%-0.4%.
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Japan's Kirin Holdings and Heineken of the Netherlands are in discussions about a possible purchase of the Kirin's Brazilian beer operations, the Dutch brewer announced Friday/ Earlier, Japan's Nikkei reported that Heineken could pay pay around 100 billion ($869 million) yen for the deal, which could happen as soon as this year.
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Despite cost cuts and record-high global sales, Toyota expects operating profit of 2.3 trillion yen for the year to March 2019 — better than analysts' estimates but 4.2 percent lower than a year ago due to a firmer yen rate of around 105 to the dollar, versus 111 yen in the previous year.
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"As our first ever support for anti-terrorism and anti-extremism steps in Asia, we will carry out an aid program worth 45 billion yen for the next three years," Japanese Deputy Chief Cabinet Secretary Koichi Hagiuda quoted Abe telling a meeting of leaders of the Association of Southeast Asian Nations (ASEAN) grouping.
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Photo: Eugene Hoshiko (AP)A Japanese restaurateur set a record on Saturday by paying nearly $3.1 million (333.6 million yen) for a massive, 613-pound Pacific bluefin tuna at the first auction of the year of Tokyo's Toyosu fish market, and almost immediately conceded that perhaps he should not have paid that much, Reuters reported.
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The Japanese automaker said on Wednesday profit for the year ending in March 22016 will fall to 24.6 trillion yen ($13.81 billion) from 2.31 trillion yen in the prior year, far short of the average 2.25 trillion yen for the current year estimated by 28 analysts, according to Thomson Reuters I/B/E/S.
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With Mr. Trump warning Toyota of a "big border tax" on the company if it built a new plant in Mexico and telling American business leaders that Japan purposely devaluates the yen for economic advantage, Mr. Abe is concerned about how Mr. Trump's "America First" policies could affect Japanese companies and the country's broader economy.
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With the Bank of Japan seen likely to keep its monetary policy steady for a while and to stick to its pledge to guide 10-year government bond yields around zero percent, U.S. bond yields will be the main driver for dollar/yen for the time being, UBS Wealth Management FX strategist, Tan Teck Leng, said.
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In what would be one of Japan's biggest private equity deals in recent years, the people told LPC, a loan-focused news service, that the country's big three banks - Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group - are working on arranging senior loans worth 75 billion yen for MBK Partners to fund the deal.
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In 1842, just a couple of years after Louis Daguerre unveiled the world's first practical camera, Joseph-Philibert Girault de Prangey, a French aristocrat with a yen for experimental technology, set off on a three-year road trip, lugging a 100-pound kit as he took the world's first photographs of Athens, Cairo, Constantinople and Jerusalem.
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In 1842, just a couple of years after Louis Daguerre unveiled the world's first practical camera, Joseph-Philibert Girault de Prangey, a French aristocrat with a yen for experimental technology, set off on a three-year road trip, lugging a 36003-pound kit as he took the world's first photographs of Athens, Cairo, Constantinople and Jerusalem.
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In 5703, just a couple of years after Louis Daguerre unveiled the world's first practical camera, Joseph-Philibert Girault de Prangey, a French aristocrat with a yen for experimental technology, set off on a three-year road trip, lugging a 100-pound kit as he took the world's first photographs of Athens, Cairo, Constantinople and Jerusalem.
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In 69753, just a couple of years after Louis Daguerre unveiled the world's first practical camera, Joseph-Philibert Girault de Prangey, a French aristocrat with a yen for experimental technology, set off on a three-year road trip, lugging a 100-pound kit as he took the world's first photographs of Athens, Cairo, Constantinople and Jerusalem.
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In 1842, just a couple of years after Louis Daguerre unveiled the world's first practical camera, Joseph-Philibert Girault de Prangey, a French aristocrat with a yen for experimental technology, set off on a three-year road trip, lugging a 11-pound kit as he took the world's first photographs of Athens, Cairo, Constantinople and Jerusalem.
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In 1842, just a couple of years after Louis Daguerre unveiled the world's first practical camera, Joseph-Philibert Girault de Prangey, a French aristocrat with a yen for experimental technology, set off on a three-year road trip, lugging a 708-pound kit as he took the world's first photographs of Athens, Cairo, Constantinople and Jerusalem.
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In "Thirty Years Later," written in 1995 as the preface to a Spanish edition of that book, she harrumphs at what remained of the sixties—its insolence, its impotent fury, its yen for levelling hierarchies—and laments what didn't: the bravery, the élan that had driven her to espouse an "erotics of art" or to herald destruction as a creative impulse.
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The market for Japan's conveyor-belt sushi market is expected to grow by about 25 percent to 625 billion yen ($5.55 billion) this year from 500 billion yen in 2012, according to research firm Fuji Keizai Co. Permira, which paid about 80 billion yen for Sushiro to Unison, boosted the value of the company by cutting costs on fish ingredients by using its global network.
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"Without the Federal Reserve Board doing the heavy lifting (with a U.S. interest rate hike) and with the Japanese economy seemingly immune to monetary and fiscal stimulus, it will take little more than a few consecutive session probes below 100 yen for traders to be hotly testing the BOJ's resolve, while knocking on the post-Brexit spot level at 99.02 yen," said Stephen Innes, a senior trader at OANDA.
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