Nvidia supplier Advantest Q3 FY24 net income surges 240% to record high on strong AI demand
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Nikkei 225 Volatility Index - Fri 31 Jan 2025
Nikkei 225 Volatility Index - Fri 31 Jan 2025 20.48 (-0.52 -2.47%)
Nikkei keeps positive vibe as NEC upgrades profit forecast & stock splits - Fri 31 Jan 2025
Nikkei Summary Nikkei keeps positive vibe as NEC upgrades profit forecast & stock splits - Fri 31 Jan 2025 The Nikkei stays optimistic as IT firm NEC (¥15,525.00 +2,410.00 +18.38%) leads gainers by leaping 18.38% on stronger profit growth for Q3 FY25 and the announcement of a 5-for-1 stock split with a record date of 31 Mar 2025 (Mon). The newly issued stocks will start trading on 1 Apr 2025 (Tue). Nikkei225 39,572.49 (+58.52 +0.15%) 103 up 119 down 3 flat JGB 10YR 1.242% (+0.0258) USD/JPY 154.84 (+0.55 +0.36%)
Yamato Transport Launches Fast Cross-Border Trucking Service Utilizing “Bonded Transfer Between Airports” within US-Mexico Supply Chain
Yamato Transport USA, Inc. (President: Hiroyuki Mizushima, Headquarters: United States; hereinafter "Yamato USA"), a subsidiary of Yamato Holdings Co., Ltd. (Headquarters: Chuo-ku, Tokyo, President: Yutaka Nagao), will launch a cross-border trucking service utilizing "bonded transfer between airports," which eliminates the need for customs clearance procedures at the U.S.-Mexico border, starting on December 12, 2024. By reducing the turnaround time for customs procedures, this service enables fast and highly punctual cross-border transportation, supporting the customers to establish optimal supply chains tailored to diverse needs. 1. Objectives Mexico has been gaining prominence as a nearshoring destination for the U.S. market due to factors such as U.S.-China trade friction and rising prices and labor costs in the United States. This trend has led to the increased investment by automotive companies from around the world, including Japanese companies. In 2023, the t...
Nikkei 225 Volatility Index - Thu 30 Jan 2025
Nikkei 225 Volatility Index - Thu 30 Jan 2025 21.00 (-0.93 -4.24%)
Nikkei gains as Nvidia supplier Advantest upgrades profit forecast - Thu 30 Jan 2025
Nikkei Summary Nikkei gains as Nvidia supplier Advantest upgrades profit forecast - Thu 30 Jan 2025 Japanese tech sector continues recovery as Nvidia supplier Advantest upgrades its full year profit forecast by 37%, expressing confidence that AI-driven demand will remain robust for 2025. Nikkei225 39,513.97 (+99.19 +0.25%) 141 up 81 down 3 flat JGB 10YR 1.216% (+0.0197) USD/JPY 154.21 (-1.03 -0.66%)
Sony promotes Hiroki Totoki to President and CEO effective April 1, 2025; CFO, CTO/CTF, business CEOs updated
Hiroki Totoki, newly promoted CEO and President of Sony Group effective April 1, 2025 Tokyo, Japan - Sony Group Corporation ("Sony") today announced that Hiroki Totoki, currently Director, Representative Corporate Executive Officer, President, COO and CFO, has been newly appointed as Director, Representative Corporate Executive Officer, President and Chief Executive Officer, effective April 1, 2025. Kenichiro Yoshida, currently Director, Representative Corporate Executive Officer, Chairman and CEO, will become Director, Representative Corporate Executive Officer, Chairman, also effective April 1, 2025. These appointments were proposed by Kenichiro Yoshida to the Nominating Committee, and following deliberation by the Committee, were approved unanimously at the Board meeting held today. Also effective April 1, 2025, Sony will implement changes to its management structure to clarify management roles according to their responsibilities for the management of the...
Nikkei 225 Volatility Index - Wed 29 Jan 2025
Nikkei 225 Volatility Index - Wed 29 Jan 2025 21.93 (-1.90 -7.97%)
Nikkei Tech sector rebounds from losses; gains cap by Fed rate hold - Wed 29 Jan 2025
Nikkei Summary Nikkei Tech sector rebounds from losses; gains cap by Fed rate hold - Wed 29 Jan 2025 Japanese tech sector rebounds from yesterday's sharp losses but gains were capped by the Fed's decision to hold rates steady and wait for more data to assess Trump's trade policy impact on inflation for 2025. Nikkei225 39,414.78 (+397.91 +1.02%) 148 up 76 down 1 flat JGB 10YR 1.196% (-0.0006) USD/JPY 155.45 (-0.08 -0.05%)
Mizuho Financial Group donates 10 mil to those affected by the Los Angeles wildfires
Tokyo and New York, NY – Mizuho Financial Group, Inc. offers its deepest condolences to those affected by the wildfires in and around Los Angeles, California, especially to the families who have lost loved ones. We also express our sincere gratitude to those providing support on the ground and aid for those in the area. Mizuho Financial Group is donating JPY 10 million, and its employee-supported fund is contributing JPY 1 million, to assist in humanitarian relief efforts. In addition, Mizuho Americas is donating USD 250,000 to the Los Angeles Regional Food Bank, and, as part of its Matching Gifts Program, providing a dollar-for-dollar match of individual employee donations to eligible nonprofits responding to the disaster. We hope the funds will help the swift recovery of Los Angeles over the months to come.
Nikkei 225 Volatility Index - Tue 28 Jan 2025
Nikkei 225 Volatility Index - Tue 28 Jan 2025 23.83 (+1.62 +7.29%)
Nikkei chipmakers extend losses over concerns of chinese competition & impending US tariffs - Tue 28 Jan 2025
Nikkei Summary Nikkei chipmakers extend losses over concerns of chinese competition & impending US tariffs - Tue 28 Jan 2025 Japanese chipmakers extend losses amid concern over their ability to withstand the double whammy of chinese competition and Trump's impending tariffs. Nikkei225 39,016.87 (-548.93 -1.39%) 112 up 112 down 1 flat JGB 10YR 1.197% (-0.0225) USD/JPY 155.64 (+1.13 +0.73%)
