Tokyo - Toyota Motor Corp said Thursday its net profit in the April-June quarter fell 28.1 per cent from the same period a year before to 353.6 billion yen (3.25 billion dollars).
Japan's leading automaker saw its operating income drop 38.9 per cent to 412.5 billion yen mainly due to the yen's rise against the US dollar.
Sales also declined 4.7 per cent to 6.22 trillion yen, the company said.
Tokyo - Japan Airlines Corp said Thursday that it narrowed its net loss in the April-June quarter after cutting costs.
Japan's largest airline by revenue posted a net loss of 3.41 billion yen (31.38 million dollars) in its first quarter, down from a loss of 4.29 billion yen in the same period a year before.
It posted an operating profit of 3.91 billion yen after posting a loss of 8.55 billion yen a year earlier. Operating profits, a company's earnings minus interest payments and taxes, are seen as a measure of its earnings power from ongoing operations.
Tokyo - Japan's foreign reserves exceeded 1 trillion dollars at the end of July, the Finance Ministry said Thursday.
The nation's July foreign reserves rose 3.11 billion dollars from the previous month, thanks to rises in the appraisal value of the nation's foreign securities, the ministry said.
Japan held 865.27 billion dollars in foreign securities, up from 859.25 billion dollars a month earlier.
Tokyo - Japan's key machinery orders marked the first fall in three months in June, the government said Thursday.
Core machinery orders declined 2.6 per cent in seasonally adjusted terms in June from the previous month, the Cabinet Office said.
The figure was better than an average market expectation of a 9.9-per-cent fall.
Orders from manufacturers rose a seasonally adjusted 3.9 per cent from May to 512.3 billion yen (4.71 billion dollars), and those from non-manufacturers dropped 3.3 per cent to 603.1 billion yen.
Compared to the same month a year before, orders in June grew by unadjusted 9.7 per cent to 1.09 trillion yen.
Tokyo - Tokyo stocks opened lower Thursday as investors sold shares to lock in profits from previous day's gains.
The Nikkei 225 Stock Average, which gained more than 2 per cent the previous day, ended morning trading at 13,093.89, down 161 points, or 1.21 per cent.
The broader Topix index of all first-section issues was also down 19.89 points, or 1.56 per cent, at 1,257.38.
On currency markets at 9 am (0000 GMT), the dollar was quoted at 109.47-52 yen, up from Wednesday 5 pm quote of 108.32-33 yen.
The Japanese drug maker major Daiichi Sankyo is all set for acquisition of majority shares in Ranbaxy Laboratories. The company has received approval of Sebi and FIPB to push the deal.
The Japanese major can invest its $4.6 billion in the Ranbaxy laboratories. Earlier, the company has acquired over 15% stake of Ranbaxy. It had announced to buy 34.8 per cent shares at the face value of Rs 737 per share. It has shown interest to buy 20 per cent additional stakes in the company.
Tokyo - Toyota Motor Corp said Thursday its net profit in the April-June quarter fell 28.1 per cent from the same period a year before to 353.6 billion yen (3.25 billion dollars).
Japan Airlines Corp said Thursday that it narrowed its net loss in the April-June quarter after cutting costs.
Japan's foreign reserves exceeded 1 trillion dollars at the end of July, the Finance Ministry said Thursday.
Tokyo - Tokyo stocks opened lower Thursday as investors sold shares to lock in profits from previous day's gains.
majority shares in Ranbaxy Laboratories. The company has received approval of Sebi and FIPB to push the deal. 
