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From April to June 2016, in addition to Toshiba, seven major Japanese motor companies announced their performance reports
for this period.
Earnings from overseas operations decreased due to the appreciation of the yen, and the earnings of all companies decreased
.
In terms of operating profit and loss, all six companies except Mitsubishi Electric have deficits
.
Sony and Mitsubishi Electric have lowered their full-year earnings forecasts, and the impact will be further amplified
if the yen's appreciation continues.
Due to the strong yen, Hitachi Manufacturing decreased sales by 120 billion yen and operating profit decreased by 15 billion yen
.
At the press conference, Nishiyama Mitsuaki, executive director, said, "Even if the yen continues to appreciate, it is necessary to create an affordable income structure
.
"With the appreciation of the yen, Panasonic's housing photovoltaic power generation business in Japan is relatively sluggish
.
Sony's semiconductor business suffered a large loss due to the Kumamoto earthquake, and the earnings of these companies decreased
.
Mitsubishi Electric's air conditioning business was in a good position, and earnings were secured, and sales decreased
year-on-year due to the appreciation of the yen.
In terms of operating under construction, Sharp's global smartphone market was sluggish, with sales falling by more than 30%.
Demand for NECIT systems did not increase and the operating deficit widened
.
Fujitsu's operating deficit also continued
.
From April to June 2016, in addition to Toshiba, seven major Japanese motor companies announced their performance reports
for this period.
Earnings from overseas operations decreased due to the appreciation of the yen, and the earnings of all companies decreased
.
In terms of operating profit and loss, all six companies except Mitsubishi Electric have deficits
.
Sony and Mitsubishi Electric have lowered their full-year earnings forecasts, and the impact will be further amplified
if the yen's appreciation continues.
Due to the strong yen, Hitachi Manufacturing decreased sales by 120 billion yen and operating profit decreased by 15 billion yen
.
At the press conference, Nishiyama Mitsuaki, executive director, said, "Even if the yen continues to appreciate, it is necessary to create an affordable income structure
.
"With the appreciation of the yen, Panasonic's housing photovoltaic power generation business in Japan is relatively sluggish
.
Sony's semiconductor business suffered a large loss due to the Kumamoto earthquake, and the earnings of these companies decreased
.
Mitsubishi Electric's air conditioning business was in a good position, and earnings were secured, and sales decreased
year-on-year due to the appreciation of the yen.
In terms of operating under construction, Sharp's global smartphone market was sluggish, with sales falling by more than 30%.
Demand for NECIT systems did not increase and the operating deficit widened
.
Fujitsu's operating deficit also continued
.
