Sanyo turns operating profit in 06/07
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Sanyo Electric Co. Ltd.  posted a swing to an annual operating profit after cost cuts more than offset slow digital camera sales, but forecast an unexpected earnings decline this year due to higher raw material prices.
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Lenovo Group Ltd., the world's No. 4 personal computer maker, said Wednesday its profits grew nearly sevenfold in its latest fiscal year as it boosted sales and restructured following its acquisition of IBM Corp.'s PC unit.
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Automatic Data Processing Inc., a provider of payroll and financial processing services, on Monday posted a 7 percent rise in first-quarter profit, helped by strong national account sales and heightened demand for its employer services.
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Samsung Electronics Co. has become the first South Korean company to exceed the 10 trillion won ($8.7 billion) operating profit milestone this year, with its third-quarter profit jumping on strong memory chip earnings.
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The Tokyo-based company posted a net profit of 131.6 billion yen ($1.22 billion) for 2007 as brisk tire sales and a weaker yen offset a rise in raw material costs.
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Japanese consumer electronics giant Matsushita said its December quarter net profit jumped 46.7 percent on strong digital product sales, allowing it to upgrade its operating profit forecast for the full year while downgrading its net profit estimate on restructuring costs.
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Toyota Motor Corp  reported a 7.5 percent rise in quarterly profit on Tuesday thanks to speedy growth in China, Russia and other emerging markets.
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By Kyodo News International, Tokyo  Jan. 31--TOKYO -- Toshiba Corp. on Wednesday revised downward its group  operating profit for this business year to 250 billion yen, compared with 270  billion yen estimated in October, due to sharp declines in flash memory  prices.
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Japanese consumer electronics maker Sanyo said it posted a net loss in the December quarter, hit by sluggish sales of digital cameras and the damage a killer earthquake caused to its chip-making plant.
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Matsushita Electric Industrial Co. Ltd., the maker of Panasonic brand products, reported a 5 percent rise in quarterly operating profit, driven by robust sales of flat TVs, and it kept its full-year outlook.
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The South Korean consumer electronics and appliances company swung to a profit on strong sales of appliances and premium mobile phones.
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Resona Holdings Inc., Japan&#39;s fifth- largest bank by assets, said it turned to a first-half profit after it cut costs and increased fee income, accelerating its recovery from a $19 billion government bailout last year.
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French food giant Groupe Danone has said that 2006 operating profits rose 10.1 percent to 1.914 billion euros (2.50 billion dollars), on sales that rose 8.1 percent to 14.073 billion euros.
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Japanese car giant Toyota reports a 7.5% rise in quarterly profits due to rising demand in places like China.
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Mazda Motor Corp. (7261.T) posted a 7.5  percent rise in quarterly profit powered by a favorable slide  in the yen and increased exports to North America and Europe,  and lifted its forecasts for record annual operating profit.
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The company said second-quarter profit rose 7 percent, to $460 million, helped by higher information technology sales and an insurance gain at its shipbuilding unit.
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TOKYO --(Business Wire)-- Aug. 31, 2004 -- SANYO Electric Co., Ltd. (SANYO) has decided to adopt the HD DVD standard promoted in the DVD forum, an international association that brings together some 220 consumer