SoftBank, a Japanese investment giant, reported a net profit of $6.6 billion in the three months to December, ending a streak of losses. The profit was driven by gains in publicly listed investments. Meanwhile, Nissan Motor saw a 6.4% rise in operating profit in the same period, lower than expected, due to challenges in key markets like China.
WATCH: Japan's Nissan Motor posted a lower-than-expected 6.4% rise in operating profit in the December quarter, saying it will maintain its annual outlook as a more profitable product mix offset a lower full-year vehicle sales forecast https://t.co/p0NgvqBzG7 https://t.co/mDpr89a8o5
Japan's Nissan Motor posted a lower-than-expected 6.4% rise in operating profit, reflecting challenges such as intensifying competition and logistics issues around the company's key markets, including China https://t.co/mnMkRxpGRn https://t.co/AzQv7f2sXV
Japan’s SoftBank Group posted its first profit in five quarters with $6.6 billion net income, buoyed by an upturn in portfolio companies https://t.co/cfPcJvKNeq https://t.co/6F51bz8KIG
Japan’s SoftBank Group posted its first profit in five quarters with $6.6 billion net income, buoyed by an upturn in portfolio companies. More here: https://t.co/CCZPEnyGaJ https://t.co/QGtkIlM10S
Honda reports profit rise; Nissan's profit sinks: Japanese automaker Honda's profit rose 3.5% in the October-December quarter from a year earlier on the back of solid demand in the U.S. and Europe and a recovery… https://t.co/M6C3fuGm7o #japannews #japantoday
SoftBank Group marks return to profit as it cuts Vision Fund losses: Japanese technology conglomerate SoftBank Group returned to profitability in October-December after four straight quarters in the red, the company said Thursday.… https://t.co/w0u9WOch79 #japannews #japantoday
WATCH: Japan's Nissan Motor’s operating profit totaled 141.6 billion yen for the three months to December 31, compared with the average estimate of 179.8 billion yen in a poll of nine analysts by LSEG https://t.co/p0NgvqBzG7 https://t.co/RC02x9ORVr
Japan's SoftBank returned to profit for the first time in five quarters, as the Japanese tech investment firm was buoyed by an upturn in portfolio companies, sparking hope it was emerging from a period of retrenchment. More here: https://t.co/CCZPEnyGaJ https://t.co/02gcJnYh7E
Japan's Nissan Motor’s operating profit totaled 141.6 billion yen for the three months to December 31, compared with the average estimate of 179.8 billion yen in a poll of nine analysts by LSEG https://t.co/mnMkRxpGRn https://t.co/2pGTfIj18S
Japan's Nissan Motor revised its retail sales outlook for the current financial year down to 3.55 million vehicles from 3.7 million it had expected previously, after it posted a lower-than-expected 6.4% rise in operating profit in the December quarter https://t.co/p0NgvqBzG7 https://t.co/TYxeezdv2L
SoftBank posted a net profit of $6.6 billion in the three months to December, ending a streak of four consecutive quarters in the red, as the value of publicly listed investments gained ground https://t.co/cfPcJvKNeq https://t.co/9ww5bgazVG
SoftBank posted a net profit of $6.6 billion in the three months to December, ending a streak of four consecutive quarters in the red, as the value of publicly listed investments gained ground. More here: https://t.co/CCZPEnyGaJ https://t.co/mvqH6xxi0U
Nissan's profits dip amid China sales slump https://t.co/hUBQ8W5An5 https://t.co/NlyeJQVKNY
WATCH: Japan's Nissan Motor posted a lower-than-expected 6.4% rise in operating profit, reflecting challenges such as intensifying competition and logistics issues around the company's key markets, including China https://t.co/p0NgvqBzG7 https://t.co/aFZErtNXVR
SoftBank snapped its losing streak as the Japanese investment giant said that net profit hit $6.6 billion in the three months to December https://t.co/cfPcJvLl3Y https://t.co/3Fhcg0sLzz
⚠️ JUST IN: *SOFTBANK POSTS FIRST PROFIT IN FIVE QUARTERS WITH $6.6 BILLION NET INCOME AS TECH VALUATIONS RECOVER *SOFTBANK NETS $16 BILLION ON $ARM EARNINGS POP, EXCEEDING ITS TOTAL LOSSES IN WEWORK https://t.co/XFIZVa7PBn