Japan is an island country located in the Pacific Ocean. It is also known as the "Land of the Rising Sun," a name that comes from the country's positioning east of mainland Asia. The capital of Japan is Tokyo.
TOKYO (Reuters) - Sumitomo Mitsui Financial Group <8316.T>, Japan's third-biggest bank by assets, outshone it larger rivals and posted its biggest profit in seven quarters on Monday, helped by an improvement in its stock portfolio and a decline in bad loans. While Mitsubishi UFJ Financial Group <8306.T> and Mizuho Financial Group <8411.T> have made a slow recovery from the global financial crisis, Sumitomo appears to be improving at a quicker pace. The bank's October-December earnings... Read Full Story
Asian stock markets extended their slide Monday on fears of sluggish economic recoveries in the U.S. and Europe, after Wall Street notched its fourth straight weekly drop. Japan's benchmark Nikkei 225 hit a two-month low, falling 0.5 percent, or 49.11 points, to 10,007.98 as exporters were hit by a stronger yen, which can erode their overseas profits. But shares in Toyota Motor Corp. rebounded slightly, gaining 0.5 percent after the company's president Akio Toyoda apologized publicly late... Read Full Story
Fukushima (福島市) is the capital city of Fukushima Prefecture, and situated about 250 km north of Tokyo and 80 km south of Sendai .
Fukushima City and its surrounding area has many hot springs, which are in Iizaka, Takayu and Tsuchiyu for example. Fukushima is blessed with many natural resources. It has a lot of scenic beauty and various sightseeing places including the Bandai Azuma Skyline. It is one of the biggest tourist resort areas in Tohoku.
The city’s location makes it highly... Read Full Story
Sony's quarterly earnings surged more than sevenfold, boosted by blockbuster movie releases, cost cuts and its mainstay consumer electronics business returning to the black. The Japanese manufacturing icon, known for gadgets like its PlayStation 3 game console, Thursday said its net profit for the October-December quarter jumped to 79.2 billion yen ($871 million) from 10.4 billion yen a year earlier. Sales rose 4 percent to 2.24 trillion yen on robust revenue from movies, personal computers... Read Full Story
Panasonic reported a second straight quarterly profit in October-December, buoyed by restructuring and a slight improvement in sales overseas. Osaka-based Panasonic Corp. said Friday it booked a 32.3 billion yen ($360 million) profit for the fiscal third quarter, bouncing back from a net loss of 63.1 billion yen a year earlier. Panasonic returned to proft in the July-September quarter for the first time in a year. Sales for the third quarter came to 1.89 trillion yen ($21 billion), almost... Read Full Story
Mitsubishi Motors posted its first quarterly profit in more than a year, bolstered by cost cuts and recovering auto demand worldwide. The Japanese maker of the Galant sedan and Outlander SUV on Wednesday reported a net profit of 10.7 billion yen ($118.3 million) for the October-December quarter, a turnaround from a year-earlier loss of 17.5 billion yen. The result marked its first net profit since July-September 2008. Sales in the fiscal third quarter fell 15 percent to 379.1 billion yen... Read Full Story
TOKYO (Reuters) - Honda Motor Co lifted its annual guidance far beyond market expectations on Wednesday after cost cuts drove quarterly profit to the strongest in a year and a half, and said it anticipates further growth next financial year. Japan's No.2 automaker has weathered the industry's turmoil better than many rivals as its profitable and dominant motorcycle business cushioned the blow to global car demand from the financial crisis. Honda's car business, heavy in fuel-efficient models... Read Full Story
Toyota Motor Corp., grappling with spreading safety problems that are battering its image, returned to profit in the October-December quarter and raised its annual earnings forecast. The world's No. 1 automaker Thursday reported a net profit of 153.2 billion yen ($1.7 billion) for the quarter from a loss of 164.7 billion yen a year earlier. The results don't reflect the damage from the massive recalls linked to faulty gas pedals, announced Jan. 21. But the suspension of U.S. sales of eight... Read Full Story
Mitsubishi UFJ Financial Group, one of Japan's "megabanks", returned to profit in the nine months through December amid economic recovery in Japan and overseas. Tokyo-based Mitsubishi UFJ reported 217 billion yen ($2.4 billion) net profit in the April-December period, compared with a 42 billion yen loss a year earlier. Revenue fell to 3.77 trillion yen ($41.66 billion) from 4.35 trillion yen. The bank kept unchanged its projection of a 300 billion yen net profit for the fiscal year ending... Read Full Story
Sony Corp. says net profit for the October-December quarter surged more than sevenfold, thanks to cost cuts and an improved performance in its mainstay consumer electronics division. The Japanese electronics and entertainment company booked a net profit of 79.2 billion yen ($871 million) in the fiscal third quarter, up from 10.4 billion yen a year earlier. Revenue rose 4 percent to 2.24 trillion yen, while operating profit totaled 146.1 billion yen. Sony booked an operating loss of 18... Read Full Story
