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| Tokyo Falls 2%; Bridgestone, Toyota Decline |
| May 09, 4:41 PM EDT
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| Stocks in Japan fell on rising crude oil prices, fears of rising inflation and weak profit outlook from Toyota, Olympus and other companies. |
Nikkei 225 index in Tokyo trading fell 2.1% after weak earnings from Bridgestone and weaker outlook from Olympus and Toyota rattled investors. Toyota lowered its net sales and income for the current fiscal year. Bridgestone reported 1% decline in profit. Takeda Pharmaceuticals and Olympus lowered its outlook for the current fiscal year. In stock trading, utilities declined on record crude oil prices. Yokogawa Electric plunged 10% and led decliners in the index.
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• Nikkei Index in Tokyo Rises
• Exporters, Shippers Rebound in Toky
• Banks, Shippers Advance in Tokyo
• Nikkei in Japan Rises
• Stocks in Japan and Asia Rebounded
• Japan and Asia Stocks Decline
• Manufacturing Falls, Current Accoun
• BOJ Left Rates at 0.5%, Coal Price
• Fukoka Financial Plunge, Tokyo Stoc
• Commodities Rise Leads Stocks in Ja
• Daiwa Securities Profit Declines, N
• Nikkei Rises 1.5%
• Nikkei Surges 4%
• Tokyo Stocks Gain, Confidence Falls
• Marubeni Declines 6%, Nikkei Down 1
• Interest Rate Talk Clouds Tokyo Sto
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Toyota Falls 4% on Gloomy Outlook
May 08, 4:18 PM EDT |
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| Toyota offered flat unit sales outlook for the current fiscal year and net income is expected to decline 25%. |
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Toyota Motor fell in New York trading after it lowered its estimate of sales and earnings for the current fiscal year. For the fiscal year 2008 revenue rose 9.8% and earnings gained 4.5%. Toyota estimates unit sales in the current fiscal year of 8.87 million units compared to 8.69 million units in the year completed in March 2008. |
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Japan's Consumer Prices Rise in March
Apr 25, 10:04 AM EDT |
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| The consumer price index for Ku-area of Tokyo in April 2008 was 100.8, up 0.3% from the previous month, and up 0.6% over the previous year. |
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The consumer price index for Japan in March 2008 was 101.0(2005=100), up 0.5% from the previous month, and up 1.2% over the previous year. |
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BoJ Keeps Rates at 0.5%
Apr 09, 11:04 AM EDT |
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Japan Economy Keeps Slowing
Apr 09, 11:02 AM EDT |
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BOJ Minutes
Mar 12, 9:02 AM EDT |
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Japan Left Rates at 0.5%
Mar 07, 9:15 AM EST |
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Japan’s Exports Rise in March
Mar 07, 8:41 AM EST |
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Japan's Industrial Output Slides in January
Feb 29, 8:52 AM EST |
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BOJ Gives Uncertain Global Outlook
Feb 22, 10:35 AM EST |
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BOJ Says Signs of U.S. Slowdown Continue to Grow
Feb 19, 2:37 PM EST |
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Housing Drags Economy
Feb 15, 10:59 AM EST |
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Bank of Japan Holds Rates
Feb 15, 10:36 AM EST |
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