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MUFG records 1st net loss in FY 2008, eyes profit in FY 2009

TOKYO, Japan - Mitsubishi UFJ Financial Group Inc. President Nobuo Kuroyanagi speaks at a press conference at the Bank of Japan in Tokyo on May 19. Japan's largest banking group reported its first red ink in fiscal 2008 since its launch in 2005.

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Panasonic incurs 379 bil. yen net loss in FY 08

TOKYO, Japan - Panasonic Corp. President Fumio Otsubo speaks at a press conference in Tokyo on May 15. Panasonic incurred a group net loss of 378.96 billion yen in fiscal 2008, its first red ink in six years.

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Mizuho sees 1st red ink in 6 years

TOKYO, Japan - Mizuho Financial Group Inc. President Takashi Tsukamoto speaks at a news conference in Tokyo on May 15. He said the company incurred a group net loss of 588.81 billion yen in fiscal 2008, falling into the red for the first time in six years, as bad-loan disposal costs and losses from equity investments surged amid the global financial crisis.

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Toyota expecting 1st red ink in FY 2008

TOKYO, Japan - Mitsuo Kinoshita, vice president of Toyota Motor Corp., announced in Tokyo on Feb. 6 that Japan's top automaker will report a group net loss of 350 billion yen for the 2008 business year to March, the first red ink since it began releasing net data in 1963. Toyota revised its earnings forecast for the third time due to plummeting sales amid the deepening global economic crisis.

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Toshiba sees FY08 operating loss of 280 bil. yen, 1st red ink in 7 yrs

TOKYO, Japan - Toshiba Corp. President Atsutoshi Nishida bows at the end of a press conference at the Tokyo Stock Exchange on Jan. 29. The struggling Japanese electronics giant said it will lay off 4,500 temporary workers in its loss-making semiconductor and liquid crystal display businesses and it expects to incur group net and operating losses of 280 billion yen each for fiscal 2008 through March, its first red-ink figures in seven years.

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Panasonic group to see 1st red ink in 6 yrs in FY 2008

OSAKA, Japan - File photo taken Oct. 1, 2008, shows the headquarters of Panasonic Corp. in Kadoma, Osaka Prefecture. The Japanese top electronics maker is likely to report a consolidated net loss for the 2008 business year through March, falling into the red for the first time since the 2002 business year.

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Nintendo marks 1st half-year net loss ink since listing

OSAKA, Japan - Nintendo Co. Managing Director Yoshihiro Mori speaks at a news conference in Osaka on Nov. 13. The video game maker said it marked the first red ink since the listing of its stock in January 1962, posting a group net loss of 2.89 billion yen in the six months to Sept. 30.

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Toshiba to cut 4,500 temp jobs by end of March as it faces loss

TOKYO, Japan - Toshiba Corp. President Atsutoshi Nishida bows at the end of a press conference at the Tokyo Stock Exchange on Jan. 29. The struggling Japanese electronics giant said it will lay off 4,500 temporary workers in its loss-making semiconductor and liquid crystal display businesses and it expects to incur group net and operating losses of 280 billion yen each for fiscal 2008 through March, its first red-ink figures in seven years. (Kyodo)

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Toyota expecting 1st red ink in FY 2008

TOKYO, Japan - Mitsuo Kinoshita, vice president of Toyota Motor Corp., announced in Tokyo on Feb. 6 that Japan's top automaker will report a group net loss of 350 billion yen for the 2008 business year to March, the first red ink since it began releasing net data in 1963. Toyota revised its earnings forecast for the third time due to plummeting sales amid the deepening global economic crisis. (Kyodo)

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Panasonic incurs 379 bil. yen net loss in FY 08

TOKYO, Japan - Panasonic Corp. President Fumio Otsubo speaks at a press conference in Tokyo on May 15. Panasonic incurred a group net loss of 378.96 billion yen in fiscal 2008, its first red ink in six years. (Kyodo)

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MUFG records 1st net loss in FY 2008, eyes profit in FY 2009

TOKYO, Japan - Mitsubishi UFJ Financial Group Inc. President Nobuo Kuroyanagi speaks at a press conference at the Bank of Japan in Tokyo on May 19. Japan's largest banking group reported its first red ink in fiscal 2008 since its launch in 2005. (Kyodo)

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Nissan logo

File photo taken in Yokohama in February 2019 shows the logo of Nissan Motor Co. The Japanese automaker said April 28, 2020, it expects to post a net loss of up to 95 billion yen ($887 million) for fiscal 2019 due to the coronavirus pandemic's impact on sales of vehicles and parts, its first red ink in 11 years. (Kyodo) ==Kyodo

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Nissan

File photo taken in March 2019 shows Nissan Motor Co.'s global headquarters in Yokohama. The Japanese automaker said April 28, 2020, it expects to post a net loss of up to 95 billion yen ($887 million) for fiscal 2019 due to the coronavirus pandemic's impact on sales of vehicles and parts, its first red ink in 11 years. (Kyodo) ==Kyodo

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Nissan cars

File photo taken March 12, 2019, in Yokohama shows vehicles of Nissan Motor Co. The Japanese automaker said April 28, 2020, it expects to post a net loss of up to 95 billion yen ($887 million) for fiscal 2019 due to the coronavirus pandemic's impact on sales of vehicles and parts, its first red ink in 11 years. (Kyodo) ==Kyodo

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Nissan

File photo taken Jan. 8, 2020, shows Nissan Motor Co.'s global headquarters in Yokohama. The Japanese automaker said April 28, 2020, it expects to post a net loss of up to 95 billion yen ($887 million) for fiscal 2019 due to the coronavirus pandemic's impact on sales of vehicles and parts, its first red ink in 11 years. (Kyodo) ==Kyodo

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Japan Post logs 29 bil. yen net loss, 1st since privatization

Masatsugu Nagato, president of Japan Post Holdings Co., speaks at a press conference in Tokyo on May 15, 2017. The postal and financial services provider said it logged a group net loss of 28.98 billion yen ($255 million) in fiscal 2016, its first red ink since its privatization in 2007. (Kyodo) ==Kyodo

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Japan Post logs 29 bil. yen net loss, 1st since privatization

Masatsugu Nagato, president of Japan Post Holdings Co., speaks at a press conference in Tokyo on May 15, 2017. The postal and financial services provider said it logged a group net loss of 28.98 billion yen ($255 million) in fiscal 2016, its first red ink since its privatization in 2007. (Kyodo) ==Kyodo

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Nintendo marks 1st half-year net loss ink since listing

OSAKA, Japan - Nintendo Co. Managing Director Yoshihiro Mori speaks at a news conference in Osaka on Nov. 13. The video game maker said it marked the first red ink since the listing of its stock in January 1962, posting a group net loss of 2.89 billion yen in the six months to Sept. 30. (Kyodo)