Cost cutting boosts DoCoMo profit amid price war
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NTT DoCoMo Inc (9437.T) booked a 35  percent gain in quarterly profit as marketing costs dropped,  but falling revenues showed the pain of a price war as Japan's  biggest mobile phone operator lost ground to nimbler rivals.
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Japanese computer giant NEC said its interim net profit rose 62.6 percent to 25.2 billion yen (240 million dollars) but it cut its forecasts, citing slower mobile handset and semiconductor markets.
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Japanese electronics maker Hitachi said its profit surged in its third fiscal quarter as its power plant, hardware and telecommunications businesses recovered.
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Warehouse retailer Costco Wholesale Corp. said Thursday its fiscal first-quarter profit climbed 11 percent partly on solid membership fee growth to meet Wall Street's expectations.
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CA Inc. reported Thursday that quarterly profit ballooned as it cut expenses and the weak dollar helped bolster revenue from overseas operations.
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Mizuho Financial Group Inc., the world&#39;s second-largest bank by assets, raised its profit forecast by a third because the cost of bad-loan disposals may decline, compensating for a decline in revenue.
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Sanyo Electric Co. Ltd.  posted a swing to an annual operating profit after cost cuts more than offset slow digital camera sales, but forecast an unexpected earnings decline this year due to higher raw material prices.
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DuPont Co. reported a third-quarter profit Tuesday, saying higher sales volumes and local selling prices offset a sharp increase in the cost of energy and raw materials.
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Japan's Sanyo Electric Co. Ltd. reported a swing to an annual operating profit after cost cuts more than offset sluggish digital camera sales, but it forecast an unexpected earnings decline for this year.
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Hitachi, the Japanese electronics company, sees quarterly profits soar but cuts its full-year forecast as flat-screen prices fall.
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With their home market saturated, Japan&#39;s handset makers finally look abroad. Meanwhile, margins have plunged. When NTT Docomo (DCM ) unveiled its latest third-generation mobile phones on Nov. 17, gadget lovers were not disappointed.
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Rising energy costs triggered the biggest jump in Japanese consumer prices in almost a decade while industrial production slumped, the government said Friday, clouding the outlook for the world's No. 2 economy.
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Costco Wholesale Corp  said on Thursday its quarterly profit rose almost 11 percent, meeting Wall Street targets, as bargain-hunting customers headed to its discount stores to buy cheaper gasoline and food.
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Japanese tech conglomerate Sharp Corp  reported a 5.5 percent rise in quarterly operating profit to a record high, as rivals delayed opening new plants, slowing price declines for the big LCD panels it specializes in.
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The manufacturing conglomerate Tyco International, which is preparing to split into three separate companies, said yesterday its profit climbed 43 percent in its most recent quarter.
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CHICAGO, Dec. 14  â The Costco Wholesale Corporation posted a better-than-expected 10 percent rise in first-quarter profit Thursday, helped by a big jump in membership fees.
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Fourth-quarter profit almost doubled after it reduced costs and generated more revenue from government orders.