Article Archive
All Tokyo Brief articles
1085 articles · newest first
Aug 4, 2026 · 2 min read
Sumitomo Pharma says its auditor's unqualified opinion covers the accounts a new report questions, and for now it has found nothing that would justify restating them.
Aug 4, 2026 · 1 min read
A forensic probe found no log evidence that hackers pulled data from Nidec's Taiwan subsidiary, but a dark-web list of folder and file names means Nidec still can't rule out a leak, even as the unit's production and shipping continue as normal.
Aug 4, 2026 · 2 min read
House Foods grew quarterly operating profit 17% yet still cut its full-year forecast by ¥1.0bn, blaming Middle East-linked cost increases of up to ¥3.0bn on its spice business, and it is closing a New Jersey plant-based meat factory that never found enough buyers.
Aug 4, 2026 · 2 min read
Tokyo Seimitsu's board raised its dividend forecast to ¥304 a share after semiconductor-equipment orders nearly doubled on generative-AI, HPC and HBM testing demand, and the group lifted full-year sales and profit guidance for the second time this year.
Aug 4, 2026 · 2 min read
Sumitomo Chemical's net profit swung to ¥40.8bn from a year-earlier loss, driven largely by a ¥32.7bn turnaround at its Rabigh refining joint venture in Saudi Arabia and steadier crop-chemical sales, while management left its ¥70bn full-year profit target unchanged.
Aug 4, 2026 · 2 min read
Machine-tool orders at DMG Mori rose 34.8% in the first half on aerospace, defense and semiconductor-equipment demand, prompting the company to raise its full-year operating profit forecast 7.1% to ¥30.0bn and its order target to ¥630.0bn.
Aug 4, 2026 · 2 min read
Data-centre chiller sales and a semiconductor-chemical rebound lifted Daikin's quarterly operating profit 7.6%, even as US residential air-conditioner demand stayed limited and China's property slump kept HVAC demand thin; full-year guidance and the dividend forecast are unchanged.
Aug 4, 2026 · 2 min read
Gas-turbine and nuclear orders lifted Mitsubishi Heavy Industries' quarterly business profit 65% to ¥159.6bn, but the group kept its full-year profit and dividend targets unchanged, raising only its order forecast to ¥7.0tn.
Aug 4, 2026 · 2 min read
Ibiden now expects ¥127.0bn in operating profit for the year to March 2027, up from its May forecast of ¥90.0bn, as orders for AI-server chip substrates outrun its own planning; a second 2-for-1 stock split takes effect in October, doubling the share count.
Aug 4, 2026 · 3 min read
Motorcycle demand in India, ASEAN and Europe pushed Yamaha Motor's first-half operating profit up 88.6% to ¥158.5bn, and the company has raised full-year profit guidance 44% even as it books a ¥12bn charge to stop building off-road vehicles in-house at its Georgia plant and cut around 300 jobs.
Aug 4, 2026 · 2 min read
A 47% first-half profit beat against its own forecast, driven by a weaker yen and refunded US tariffs, pushed Kubota to raise full-year operating profit guidance by ¥100bn to ¥400bn and announce a ¥40bn share buyback the same day.
Aug 4, 2026 · 2 min read
Furukawa Electric will spend roughly ¥100bn in the US, Brazil, Japan and India to nearly double its rollable ribbon-cable capacity for hyperscale data centers, with customer purchase commitments already in hand but revenue and profit impact not showing up until production ramps from late 2028.
Aug 4, 2026 · 2 min read
Nippon Steel raised its full-year net profit forecast to ¥290bn, up nearly a third, as stronger US steel prices and a turnaround at United States Steel outweighed rising raw-material costs and falling Middle East exports at home.
Aug 4, 2026 · 2 min read
Kaga Electronics's stake in fellow electronics trader Shinko Shoji jumps from 1.74% to 72.45% after its tender offer cleared the minimum threshold, and a squeeze-out to delist the target from the Tokyo Stock Exchange comes next.
Aug 4, 2026 · 3 min read
A ¥45.5bn gain from selling its stake in DuPont Teijin Advanced Papers handed Teijin ¥45.1bn in net profit for the quarter to June, already matching the ¥45.0bn it guided for the full year to March 2027.
Aug 4, 2026 · 2 min read
A draft ordinance from Japan's Immigration Services Agency would add a five-year residence term to the Specified Skilled Worker No. 2 visa, raising the bar these workers must clear before applying for permanent residency to match other work visas.
Aug 4, 2026 · 1 min read
KDDI's voting rights in Every, Inc. dropped from 14.38% to 4.76% on August 4, pushing the telecoms group from second- to fourth-largest shareholder after the company's new listing on the Tokyo Stock Exchange's Growth market diluted its holding.
Aug 4, 2026 · 2 min read
The DELISH KITCHEN owner debuted on the Tokyo Stock Exchange Growth Market with guidance for a ¥345mn operating profit, but nine months of results already delivered 93.8% of that figure, leaving little room in the final quarter.
Aug 4, 2026 · 2 min read
Two-year Phase 3 data show sibeprenlimab slows IgA nephropathy patients' kidney decline to roughly the rate seen in healthy aging, a result Otsuka Holdings is using to push VOYXACT toward full US approval.
Aug 3, 2026 · 2 min read
The Tokyo-listed IT reseller and systems integrator now expects ¥94.3bn in operating profit for the year to December, a ¥4.3bn upgrade, after first-half sales beat its own internal plan by nearly ten percent and it lifted the interim dividend by ¥5 a share to ¥55.
Aug 3, 2026 · 2 min read
Isuzu's operating profit rose 30.7% to ¥74.8bn in the June quarter, but operating cash flow flipped to a ¥45.3bn outflow after the company sped up supplier payments by about ¥90bn and let Middle East shipping delays build roughly ¥35bn of extra inventory; full-year guidance is unchanged.
Aug 3, 2026 · 1 min read
Nippon Light Metal Holdings raised its full-year operating profit target 22% to ¥33bn and lifted its dividend to ¥110 a share, citing recovering orders for aluminum plates used in semiconductor manufacturing equipment and sustained lithium-ion battery material sales.
Aug 3, 2026 · 2 min read
Datasection has sued short seller Wolfpack Research in a Pennsylvania federal court, seeking retraction of a report that accused its AI infrastructure GPU purchases of breaking U.S. export-control law; the company says its lawyers cleared the projects, and the damages claim remains unquantified.
Aug 3, 2026 · 2 min read
NH Foods' fresh-meat unit raised import prices fast enough to drive a 19.5% jump in quarterly business profit, but its processed-foods segment lost 13.9% of its profit to a Middle East-linked raw-material cost spike, even as net profit slipped 5.6%.