AI boom drives strong corporate earnings as Iran turmoil clouds outlook Japanese firms report robust profits on AI boom, but geopolitical risk from Iran and supply-chain strains leave many firms …
profit
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Business
China’s CXMT reports 1,688% Q1 profit surge and plans STAR Market listing
by Sato Asahiby Sato AsahiChina’s CXMT Posts Massive Q1 Gains as Net Profit Jumps 1,688% Ahead of STAR Market Listing CXMT reported Q1 net profit up 1,688% and revenue up 719% driven by AI …
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Business
Recruit Holdings forecasts 25% profit rise as Indeed and AI boost growth
by Sato Asahiby Sato AsahiRecruit Holdings Forecasts 25% Profit Jump as Indeed and AI Drive U.S. Growth Recruit Holdings expects a 25% increase in consolidated net profit this fiscal year, propelled by strong performance …
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Business
Japanese banks post third straight annual profit high as BOJ rate hike eyed
by Sato Asahiby Sato AsahiJapanese Bank Profits Rise for Third Straight Year as Interest Income Boosts Earnings Net income at Japan’s top banks rose for the third consecutive year, driven by higher interest income …
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Business
Kioxia Forecasts 48-Fold Quarterly Profit Surge on AI Data Center Demand
by Sato Asahiby Sato AsahiKioxia Forecasts 48-Fold Net Profit as AI Data Center Demand Boosts Memory Prices Kioxia forecasts a 48-fold quarterly net profit jump as AI data center demand drives higher memory semiconductor …
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Business
PTT posts 10% Q1 profit rise as Middle East tensions lift prices
by Sato Asahiby Sato AsahiPTT Profit Climbs 10% in January–March Quarter on Higher Oil and Petrochemical Prices Thailand’s PTT profit rose 10% in the January–March quarter as crude and petrochemical price gains and stronger …
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Business
Honda forecasts FY2027 net profit, vows to rebound after EV losses
by Sato Asahiby Sato AsahiHonda net profit forecast Â¥260 billion as company seeks rebound after EV losses Honda net profit forecast Â¥260 billion for fiscal year to March 2027 as company aims to recover …
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Business
Nissan Forecasts 20 Billion Yen Profit, Returns to Black After Re:Nissan Restructuring
by Sato Asahiby Sato AsahiNissan Net Profit Forecast Signals First Return to Black in Three Years Nissan’s net profit forecast of 20 billion yen for the fiscal year ending March 2027 signals a recovery …
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Politics
SoftBank posts Q1 net profit of 1.83 trillion yen on OpenAI gains
by Sui Yuitoby Sui YuitoSoftBank OpenAI investment drives group to Â¥1.83 trillion profit in Q1 SoftBank’s OpenAI investment fueled a Â¥1.83 trillion profit in the January–March quarter, as gains offset financing moves and strategic …
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Business
Nissan forecasts 20 billion yen profit for fiscal 2027, returns to profitability
by Sato Asahiby Sato AsahiNissan net profit forecast: Â¥20 billion signals return to black for fiscal 2027 Nissan forecasts a Â¥20 billion net profit for the fiscal year ending March 2027, marking its first …