Mizuho Financial lifts profit forecast
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TOKYO Mizuho Financial Group, the world&#39;s second-largest bank by assets, on Monday raised its profit forecast by a third on expectations that the cost of bad-loan disposals would fall, compensating for a decline in revenue.
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Lehman Brothers Holdings Inc.   on Tuesday said quarterly profit rose 27 percent, beating  expectations, on surging revenue from bond underwriting and  stock trading.
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Japan's NTT DoCoMo Inc. (9437.T) said  on Tuesday it expected a gain in operating profit in the next  fiscal year after posting a bigger-than-expected 7.4 percent  profit decline in the first-half.
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Helped by sales of generic drugs, the pharmacy benefit manager lifted its full-year profit forecast, sending its shares higher.
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Honda Motor Co., Japanâs third-biggest car maker, reported a 9.2 percent rise in quarterly operating profit thanks to improved domestic and Asian sales and raised its full-year forecast by 7 percent.
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Japan's NTT DoCoMo Inc.  said on Tuesday it expected a gain in operating profit in the next fiscal year after posting a bigger-than-expected 7.4 percent profit decline in the first-half.
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Japanese stocks rose robustly Monday as financial shares were buoyed by Wall Street's rally on Friday and invetors responded positively to recent earnings reports from Nissan and Nippon Yusen.
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The company Friday said it expected to post a profit in the third quarter, thanks to Improved pricing and product mix and higher unit volume, reversing a year-ago loss.
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Japan&#39;s stock benchmarks gained after a government report showed industrial production rose for the first month in three, prompting optimism economic growth will be sustained.
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Japanese stocks rose by mid-afternoon on Wednesday as favorable earnings lifted companies including Mitsubishi Electric Corp. while steelmakers gained on anticipation of a rise in steel sheet prices.
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Mazda Motor Corp. (7261.T) posted a 7.5  percent rise in quarterly profit powered by a favorable slide  in the yen and increased exports to North America and Europe,  and lifted its forecasts for record annual operating profit.
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Japanese stocks rose a second straight day Friday, lifted by steel companies with strong earnings expectations.
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The Nikkei average rose 0.5 percent by  midsession on Monday, recovering from a four-day losing streak  on bargain-hunting in banks and some blue chips due to their  brighter earnings prospects.
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Stocks rallied on Friday after a higher profit forecast by Microsoft Corp.  lifted all three major indexes and an upbeat outlook by lender Countrywide Financial Corp.  stemmed fears of financial-sector losses.
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Japan's second quarter growth rate is likely to be revised up this week on the back of data showing increased corporate investment in factories and offices along with higher profits.
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Japanese stocks rose Thursday, led by banks and finance stocks, on optimism about the outlook for Japan's economy.
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Lehman Brothers Holdings Inc. , said on Tuesday that quarterly profit rose 27 percent, beating expectations, on surging revenue from bond underwriting and stock trading.