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banking giant banco santander expects net profits for this year to be in line with the $11.62 billion it reporated in 2010 , chairman emilio botin said .
japanese auto giant toyota on friday said it expected to book a net profit of 280 billion yen this fiscal year , 31 pervicent lower than last year after the march 11 quake and tsunami hit production.the automaker had delayed its estimate for the current year to assess the full scale of impact of the quake on production and sales.the 9.0-magnitude earthquake and the resulting tsunami hammered production , shattered supply chains and crippled electricity-generating facilities , including a nuclear power plant at the centre of an ongoing atomic emergency .
toyota expects its net profit to drop 31% in the current fiscal year , as the stubbornly strong yen cuts into its overseas profits and the lingering impact of the march 11 earthquake restricts its production activities .
fujitsu forecast a sharp decline in earnings for its fiscal first half , but a modest growth in net profit for the full year , as japanese corporate clients spend more on information-technology services .
mitsubishi motors said its net profit would rise 28% this fiscal year , becoming the first japanese car maker to predict profit growth since the march 11 earthquake despite the disruption to production and the strength of the yen .
japanese auto giant toyota on friday said it expected to book a net profit of 280 billion yen this fiscal year , 31 pervicent lower than last year after the march 11 quake and tsunami hit production.the automaker had delayed its estimate for the current year to assess the full scale of impact of the quake on production and sales.the 9.0-magnitude earthquake and the resulting tsunami hammered production , shattered supply chains and crippled electricity-generating facilities , including a nuclear power plant at the centre of an ongoing atomic emergency .
mitsubishi motors said its net profit would rise 28% this fiscal year , becoming the first japanese car maker to predict profit growth since the march 11 earthquake despite the disruption to production and the strength of the yen .
toyota expects its net profit to drop 31% in the current fiscal year , as the stubbornly strong yen cuts into its overseas profits and the lingering impact of the march 11 earthquake restricts its production activities .
fujitsu forecast a sharp decline in earnings for its fiscal first half , but a modest growth in net profits for the full year , as japanese corporate clients spend more on information-technology services .
banking giant banco santander expects net profits for thiscal year to be in line with the $11.62 billion it reporated in 2010 , chairman emilio botin said .
toyota says it expects profits for this year to be sharply lower than last year , due in large part to the massive earthquake in march .
honda becomes the second japanese car maker in a week to warn of lower profits due to reduced production resulting from march's earthquake .
Generated 2011-6-18_22:19
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