NEC posts higher net profit in first half but lowers forecast
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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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Japan's Nintendo Co Ltd  nearly  tripled its first-half profit and boosted its annual earnings  outlook on Thursday as its popular Wii and DS game machines  outsell rival Sony Corp's  PlayStation.
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Honda, which sells nearly half of its vehicles in North America, posted profit of $1.87 billion and revised upward its annual profit forecast.
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TOKYO (CBS.MW) - Japan&#39;s third-largest automaker Honda Motor Co. said Wednesday its first-half net profit rose 0.9 percent to 241.
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Electronic Data Systems Corp.  on Monday posted a higher-than-expected profit thanks to cost cutting, but it forecast 2005 earnings would fall short of analysts' estimates as it hopes to bring back growth by investing &#36;1 billion in key areas this year.
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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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Japanese electronics maker NEC Corp. said Tuesday its net profit dropped nearly 78 percent in the October-December quarter, hurt by sluggish sales of mobile phones and personal computers.
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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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Anglo-Dutch steelmaker Corus Group has unveiled the first profit in its five-year history for the first half of the year and says restructuring, strong demand and higher steel prices are keeping its outlook positive.
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Electrolux AB, the world&#39;s biggest maker of household appliances, said second-half profit will be less than forecast as costs for materials including steel surge.
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British supermarket giant Tesco has revealed that net profit rose by almost a quarter during the first half of its financial year as the country's biggest retailer attracted more customers.
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Japanese carmaker Nissan reports its first quarterly profit in more than a year, boosted by new models.
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The company said profit dipped slightly due in part to higher energy and materials costs and more investment in advertising, but still matched Wall Streetâs expectations.
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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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Memory maker announces first half-yearly profit, too
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Flextronics International Ltd.,  the No. 1 contract electronics manufacturer, on Monday posted a  quarterly profit helped by strong sales of consumer electronics  equipment but issued a forecast that fell short of estimates,  sending shares down nearly 8 percent.
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The home-furnishings retailer said first-quarter profit rose after customers bought less bedding and curtains as home sales slowed.