Mitsubishi Motors hit by first half loss
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Scandal-hit Mitsubishi Motors of Japan has reported a group net loss of $A1.824 billion in the first half of the 2004 business year, compared with a loss of $A1 billion a year earlier.
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Japanese carmaker Mitsubishi Motors Corp (7211.T: Quote, Profile, Research) (MMC), Japan&#39;s only loss-making car maker, and US brokerage firm Merrill Lynch (MER.
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Mizuho and Sumitomo Mitsui, two of Japan&#39;s biggest banking groups, reported lower profits for the first fiscal half despite some progress in getting rid of bad debts.
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NTT DoCoMo Inc., Japan's top mobile carrier, reported a 6 percent drop in first fiscal half earnings Friday as it introduced discounts to fight intensifying competition. But it raised its full-year forecast, citing anticipated gains on asset sales.
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â¢ Group 1 Automotive reported a net loss of $9.6 million for the third quarter, which ended Sept. 30. The results include a charge of $29.
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Mitsubishi Electric Corp.  on Monday posted a better-than-expected 38 percent rise in first-half operating profit, helped by strong sales of factory equipment and power systems to emerging markets, and it raised its full-year outlook by 17 percent.
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Japan's Mitsubishi Motors Corp. is reviewing its alliance with DaimlerChrysler, including their cooperation in manufacturing mid-sized sedans, the company said Thursday.
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TOKYO (CBS.MW) - Japan&#39;s largest bank Mizuho Financial Group and third-largest bank Sumitomo Mitsui Financial Group said Monday their first-half net profit fell from a year earlier, but both achieved their goals of halving bad loan ratios ahead of schedule
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Scandal-hit Japanese automaker Mitsubishi Motors will likely to get 100 billion yen ($AU1.23 billion) in additional aid from three group firms, a report has said.
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France&#39;s largest media group, Vivendi Universal, yesterday revealed that first-half net losses had nearly trebled to â¬1.86bn (Â£1.
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By Kyodo News International, Tokyo  Feb. 8--TOKYO -- Mitsubishi Heavy Industries Ltd. said Thursday its group  net profit swelled 83.3 percent from a year earlier to 38.46 billion yen in  the April-December period on strong sales at its shipbuilding, power systems  and machinery divisions.
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Blowout win. Blowout loss. Terrible first half. Terrific second half.
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Mizuho, one of Japan&#39;s four biggest banking groups, reported Monday that group net profit for the first fiscal half fell 8.4 percent from the previous year, despite some progress in getting rid of bad debts.
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Japanese supermarket chain Seiyu, controlled by US retail giant Wal-Mart, said it incurred a net loss in the first half to June on the back of slow sales and early retirement costs.
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A partnership with Mitsubishi Heavy raises some interesting scenarios.
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Mitsubishi Electric Corp. 6503.T, a   major Japanese electronics conglomerate, nudged up its annual   profit outlook on strong sales of factory automation systems,   but the forecast fell short of market expectations.
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The chip maker reported a larger-than-expected loss but showed progress in curbing its expenses and capturing a share of strong demand for personal computers.