Japanese yen

MEDIROM Healthcare Technologies Inc., Expands Subsidiary Spa Re.Ra.Ku Into Thermal Bath Facilities

Bath, Somerset, Cotswolds, River Avon, Bristol, Spa, Japanese yen, Health care, South West England, Local government in England
Tuesday, February 23, 2021 - 1:00pm

In 2017, the Company started opening salons in thermal bath facilities.

Key Points: 
  • In 2017, the Company started opening salons in thermal bath facilities.
  • The Company expects to continue to open new salons in thermal bath facilities through the ReRaKu brand.
  • Currently, the market for thermal bath facilities in Japan is estimated to be worth around 280 billion yen per year (estimated 2018)1.
  • Spa Re.Ra.Ku" is a relaxation salon in thermal bath facilities, operated by Re.Ra.Ku, the largest relaxation salon brand by store count in Tokyo.

Notice: third quarter results of fiscal year ending March 31, 2021

Japanese yen, Economy of Japan
Monday, February 15, 2021 - 6:00am

TOKYO, Feb. 15, 2021 /PRNewswire/ -- Prospect Co., Ltd., (the "Company") has announced third quarter results of fiscal year ending March 31, 2021 on November 11, 2020.

Key Points: 
  • TOKYO, Feb. 15, 2021 /PRNewswire/ -- Prospect Co., Ltd., (the "Company") has announced third quarter results of fiscal year ending March 31, 2021 on November 11, 2020.
  • The Group as a whole recorded 5,855 million yen in sales, an increase of 2,738 million yen from the previous fiscal year.
  • A net loss of 2,407 million yen was recorded, which is lower than the same period of the previous year.
  • As a result, the reporting segments were reclassified from the second quarter.

Notice: third quarter results of fiscal year ending March 31, 2021

Japanese yen, Economy of Japan
Monday, February 15, 2021 - 5:48am

TOKYO, Feb. 15, 2021 /PRNewswire/ -- Prospect Co., Ltd., (the "Company") has announced third quarter results of fiscal year ending March 31, 2021 on November 11, 2020.

Key Points: 
  • TOKYO, Feb. 15, 2021 /PRNewswire/ -- Prospect Co., Ltd., (the "Company") has announced third quarter results of fiscal year ending March 31, 2021 on November 11, 2020.
  • The Group as a whole recorded 5,855 million yen in sales, an increase of 2,738 million yen from the previous fiscal year.
  • A net loss of 2,407 million yen was recorded, which is lower than the same period of the previous year.
  • As a result, the reporting segments were reclassified from the second quarter.

YAMAHA MOTOR: Consolidated Business Results Summary — Fiscal Year 2020 Ending December 31 —

Automotive Manufacturing, Automotive, Technology, Manufacturing, Maritime, Transport, Other Automotive, Other Manufacturing, Motorcycles, Engineering, Hardware, Japanese yen, Economy of Japan, Mitsui, Companies, Economy of Asia
Friday, February 12, 2021 - 7:00am

Yamaha Motor Co., Ltd. (TOKYO:7272) announces consolidated business results for the full fiscal year.

Key Points: 
  • Yamaha Motor Co., Ltd. (TOKYO:7272) announces consolidated business results for the full fiscal year.
  • Net sales were 1,471.3 billion yen (a decrease of 193.5 billion yen, or 11.6% compared with the previous fiscal year).
  • Operating income was 81.7 billion yen (a decrease of 33.7 billion yen, or 29.2%), ordinary income was 87.7 billion yen (a decrease of 31.8 billion yen, or 26.6%), and net income attributable to owners of parent was 53.1 billion yen (a decrease of 22.7 billion yen, or 29.9%) .
  • Forecast of Consolidated Business Results for the next fiscal year ending December 31, 2021

DENSO Announces Third-Quarter Financial

Japanese yen
Tuesday, February 2, 2021 - 6:40am

Revenue for the third quarter (3 months) increased to 1,433.9 billion yen (US$13.9 billion).

Key Points: 
  • Revenue for the third quarter (3 months) increased to 1,433.9 billion yen (US$13.9 billion).
  • Operating income for the third quarter (3 months) increased to 136.3 billion yen (US$1.3 billion).
  • Our full-year forecast reflects the strong performance in the third quarter, with revenues projected at 4,740.0 billion yen (US$45.8 billion) and operating income at 150.0 billion yen (US$1.4 billion), which are revised upward," said Yasushi Matsui, senior executive officer of DENSO Corporation.
  • "Regarding the full-year forecast, reflecting the strong third quarter, we revised revenue projections upward to 4,740.0 billion yen (US$45.8 billion) and operating income to 150 billion yen (US$1.4 billion).

transcosmos China exceeds 2.9B yuan (about 46B yen) e-commerce GMV during China's Double Eleven Shopping Festival

Alibaba Group, Currency, Tmall, Economy of Asia, Yuan, Japanese yen, Chinese culture
Friday, December 25, 2020 - 8:05am

The first Double Eleven - a mega national shopping event in China - after the novel coronavirus outbreak showcased China's strong consumer appetite and its potential.

Key Points: 
  • The first Double Eleven - a mega national shopping event in China - after the novel coronavirus outbreak showcased China's strong consumer appetite and its potential.
  • During Double Eleven, TMALL achieved GMV of 498.2 billion yuan (about 7,931.3 billion yen, converting 1 yuan to 15.92 yen), whilst JD reaching GMV of 271.5 billion yuan (about 4,322.2 billion yen, converting 1 yuan to 15.92 yen).
  • And, transcosmos China provided its services to nine brands that were ranked in the TMALL "1 billion yuan club" (brands with 1 billion yuan sales or higher during Double Eleven).
  • TMALL "BANDAI official flagship store" which transcosmos China operates, has renewed its record GMV again during Double Eleven 2020.

DENSO Announces First-half Financial Results

Economy of Japan, Denso, Toyota, Toyota Group, Japanese yen
Thursday, October 29, 2020 - 3:57am

DENSO recorded an operating loss of 93.1 billion yen (Operating income of 56.4 billion yen in the same quarter of the previous year) due to the impact of COVID-19, which resulted in production volume decrease.

Key Points: 
  • DENSO recorded an operating loss of 93.1 billion yen (Operating income of 56.4 billion yen in the same quarter of the previous year) due to the impact of COVID-19, which resulted in production volume decrease.
  • Operating loss was 8.5 billion yen (Operating income of 11.2 billion yen in the same quarter of the previous year) due to COVID-19-related production volume decreases.
  • DENSO is a $48.3 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today.
  • Globally headquartered in Kariya, Japan, DENSO spent 9.3% of its global consolidated sales on research and development in the fiscal year ending March 31, 2019.

TANAKA Memorial Foundation to Offer Precious Metals Research Grants of up to 5 Million Yen

Precious metals, Currency, Tanaka Kikinzoku, Metal, Japanese yen
Tuesday, September 1, 2020 - 2:00am

TOKYO, Sept 1, 2020 - (ACN Newswire) - The TANAKA Memorial Foundation (Representative Director: Hideya Okamoto) announced that it will take applications for research themes for FY2020 Precious Metals Research Grants between September 1 (Tue) and November 30 (Mon).

Key Points: 
  • TOKYO, Sept 1, 2020 - (ACN Newswire) - The TANAKA Memorial Foundation (Representative Director: Hideya Okamoto) announced that it will take applications for research themes for FY2020 Precious Metals Research Grants between September 1 (Tue) and November 30 (Mon).
  • Applications will be accepted from Japanese educational institutions and public research institutes conducting research and development using precious metals.
  • In this 22nd year of the research grant, recipients will receive 5 million yen for the Platinum Award, 2 million yen for the Gold Award, 1 million yen for the Silver Award, 1 million yen for the Young Researcher Award, and 300,000 yen for the Encouragement Award.
  • Applications for the Precious Metals Research Grants are open to themes in all fields related to new technology and research and development in which precious metals can make a contribution.

DENSO Announces First Quarter Financial Results

Economy of Japan, Toyota Group, Denso, Toyota, Japanese yen, Companies
Friday, July 31, 2020 - 6:11am

KARIYA, JAPAN, July 31, 2020 - (JCN Newswire) - DENSO, the world's second-largest mobility supplier, today announced its global financial results for its first quarter, ending June 30, 2020, for its 2021 fiscal year, ending March 31, 2021:

Key Points: 
  • KARIYA, JAPAN, July 31, 2020 - (JCN Newswire) - DENSO, the world's second-largest mobility supplier, today announced its global financial results for its first quarter, ending June 30, 2020, for its 2021 fiscal year, ending March 31, 2021:
    - Consolidated revenue totaled 765.1 billion yen (US$7.1 billion), a 42.2 percent decrease from the previous year.
  • For our 2021 fiscal year, ending March 31, 2021, we forecast sales of 4.54 trillion yen and operating income of 100 billion yen."
  • said Yasushi Matsui, senior executive officer of DENSO Corporation.
  • DENSO is a $47.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today.

Mitsubishi Electric Announces Consolidated Financial Results for the First Quarter of Fiscal 2021

Other Transport, Technology, Transport, Automotive Manufacturing, Manufacturing, Alternative energy, Energy, Hardware, Consumer electronics, Japanese yen
Thursday, July 30, 2020 - 5:25am

Revenue in the first quarter decreased by 192.6 billion yen from the same period of the previous fiscal year to 858.1 billion yen as a result of decreased revenue in all segments.

Key Points: 
  • Revenue in the first quarter decreased by 192.6 billion yen from the same period of the previous fiscal year to 858.1 billion yen as a result of decreased revenue in all segments.
  • Operating profit ratio decreased by 2.8% from the same period of the previous fiscal year to 2.4%.
  • Net profit attributable to Mitsubishi Electric Corporation stockholders decreased by 24.8 billion yen from the same period of the previous fiscal year to 17.8 billion yen due mainly to decreased profit before income taxes.
  • The consolidated earnings forecast for fiscal 2021, ending March 31, 2021, is unchanged from the previous forecast* as stated below.