Search result for NET LOSS
S. KOREAN LOTTE SHOPPING CO. SEES NET LOSS OF $36.5 MILLION IN Q1
Highlights –
- S. Korean Lotte Shopping Co. sees net loss of $36.5 million in Q1.
- The company’s Q1 net losses narrowed from a year earlier on recovering sales.
- The company’s operating income rose 18.5 percent to 61.8 billion...
JTB CORP. TO BOOST ITS CAPITAL THROUGH DEVELOPMENT BOJ FUNDING
Highlights –
- JTB Corp. to boost its capital through Development BOJ funding.
- JTB’s capital adequacy ratio stood at 11.4 percent.
- JTB is expected to record a net loss of 100 billion yen in FY 2020.
- Preferred shares are...
ORIENTAL LAND; TOKYO DISNEYLAND OPERATOR SAW NET LOSS OF $497 MILLION
Highlights –
- Oriental Land; Tokyo Disneyland operator saw net loss of $497 million.
- In FY 2020 ending in March, the total number of visitors to the theme park was 7.56 million.
- The theme park’s sales stood at 170.58 billion yen,...
ANA EXPECTS A NET LOSS OF $3.75 BILLION IN FY 2020
Highlights –
- ANA expects a net loss of $3.75 billion in FY 2020.
- The airline company had previously estimated 510 billion yen.
- It made cost cuts with reductions in its operations of domestic and international flights.
- ANA e...
JAL TO USE ALTERNATIVE ENERGY SOURCES FOR ITS DOMESTIC FLIGHTS
Highlights –
- JAL to use alternative energy sources for its domestic flights.
- JAL under its plan to achieve carbon neutrality in 2050 plans to replace jet fuel.
- The airline company is planning to use hydrogen as fuel to fly small aircr...
KOREAN AIR GETS OVERSEAS APPROVAL FOR THE ACQUISITION OF ASIANA AIRLINES
Highlights –
- Korean Air gets overseas approval for the acquisition of Asiana Airlines.
- Korean Air last week received its first approval from Turkey.
- Korean Air is yet to seek approval from 8 other countries.
- The airline pla...
MAZDA MOTOR REPORTS TO CUT ITS GLOBAL PRODUCTION BY 7,000 VEHICLES
Highlights –
- Mazda Motor reports to cut its global production by 7,000 vehicles.
- The company has not able to procure enough chips for key safety and environmental technology.
- The company is expecting a net loss of 50 billion yen. ...
LG UPLUS CORP. REPORTS NET LOSS IN Q4 2020
Highlights –
- LG Uplus Corp., reports net loss in Q4 2020.
- The company’s net loss stood at $201.7 million in October-December period.
- Its operating income reached 175.5 billion won, down to 3.7 percent.
- The company had...
ANA HOLDINGS INC. REPORTS NET LOSS IN APRIL-DEC. PERIOD OF $2.29 BILLION
Highlights –
- ANA Holdings Inc. reports net loss in April-Dec. period of $2.29 billion.
- ANA Holdings revenue fell 66.7 percent to 527.61 billion yen.
- ANA reportedly booked a special loss of 76 billion yen.
- Sales from flights...
ANA HOLDINGS INC. TO RAISE $3.2 BILLION TO STREGTHEN ITS FINANCIAL BASE
Highlights –
- ANA Holdings Inc. to raise $3.2 billion to strengthen its financial base.
- ANA plans to use the proceeds to purchase wide-body Boeing 787 jets and repay debt.
- The company has already secured 400 billion yen in subordinated...
MITSUI FUDOSAN CO. ANNOUNCES TO LAUNCH A TENDER OFFER FOR TOKYO DOME CORP.
Highlights –
- Mitsui Fudosan Co. announces to launch a tender offer for Toyko Dome Corp.
- The offer could be more than 100 billion yen in the acquisition.
- Tokyo Dome is expected to support the friendly offer by Mitsui Fudosan.
NISSAN MOTOR CO. UPGRADES ITS FISCAL 2020 EARNINGS, EXPECTS GROUP NET LOSS
Highlights –
- Nissan Motor Co. upgrades its fiscal 2020 earnings, expects group net loss.
- Nissan expects a group net loss of $5.8 billion.
- Nissan had previously expected 670 billion yen in loss for fiscal 2020 through next March. ...
HONDA FORECASTS AN INCREASE ITS NET PROFIT OF $3.8 BILLION FOR FISCAL 2020
Highlights –
- Honda forecasts an increase in net profit of $3.8 billion for fiscal 2020.
- Honda slightly upgraded its four-wheel vehicle sales estimate to 4.6 million units.
- The company maintained its motorcycles sales estimate at 14.8 ...
JAPAN AILRINES CO. EXPECTS TO POST A NET LOSS OF AROUND $2.3 BILLION FOR FISCAL 2020
Highlights –
- Japan Airlines Co. expects to post a net loss of around $2.3 billion for fiscal 2020.
- In the first half of fiscal 2020 JAL logged a net loss of 161.23 billion.
- The airlines also saw a loss of 223.97 billion yen before int...
PANASONIC CORP. REPORTS DECLINE IN NET PROFIT FOR THE FIRST HALF FY 2020 BY 51.6%
Highlights –
- Panasonic Corp. reports decline in net profit for the first half FY 2020 by 51.6%.
- For the April-September period the company posted an operating profit of 96.63 billion yen.
- For the April-June quarter the company reporte...
JAL EXPECTS NET LOSS OF AROUND $1.9 BILLION FOR FISCAL 2020
Highlights –
- JAL expects a net loss of around $1.9 billion for fiscal 2020.
- The airline has not provided its forecast for the current fiscal year to March 2021.
- JAL introduced new accounting standards from fiscal 2020.
- The...
ANA HOLDINGS INC.’S AIRLINE AND PEACH AVIATION LTD. TO LAUNCH JOINT CARGO FLIGHTS
Highlights –
- ANA Holdings Inc.’s airline and Peach Aviation Ltd. to launch joint cargo flights.
- ANA Holdings expects to record a net loss of around $5.1 billion in fiscal 2020.
- Peach Aviation will carry ANA cargo containing fre...
ANA TO SHED ABOUT 30 LARGE JETS AND RECORD ANNUAL NET LOSS OF $5 BILLION
Highlights –
- ANA to shed about 30 large jets and record annual net loss of $5 billion.
- ANA Holdings Co. has currently withheld its earnings estimate for the current business year.
- In the ANA April-June quarter logged...
JAPAN’S MAJOR DEPARTMENT STORE ISETAN MITSUKOSHI EXPECTS A NET LOSS FOR FISCAL 2020
Highlights –
- Japan’s major department store Isetan Mitsukoshi expects a net loss for fiscal 2020.
- The department store expects a net loss of $570 million this year.
- It is forecasting an operating loss of $36 million.
NISSAN MOTOR CO. EXPECTS A NET LOSS OF $6.4 BILLION THIS BUSINESS YEAR
Highlights –
- Nissan Motor Co. expects a net loss of $6.4 billion this business year.
- The automaker reported an operating loss of $44,68,454.50.
- The company’s forecast suggests that it may not generate any profit for two years s...