Toyota's first quarter profit rises 10%

Japanese carmaker Toyota has reported a 10% increase in profits for the first quarter of its fiscal year, helped by the weak yen and cost cuts.

Toyota profit nearly doubles to $17.8bn

Japanese carmaker Toyota has seen its profits nearly double, boosted by the yen's weakness and cost cutting. It made a net profit of 1.82 trillion yen ($17.8bn; £10.5bn) in the year to 31 March, up from 962bn yen a year ago.

Japan Airlines profit hit by weak yen and higher costs

Japan Airlines (JAL) has reported a dip in full-year profits, which it says is mainly due to the weaker yen pushing up costs.

Sony, Panasonic tying up in advanced TV displays

TOKYO: Long-time Japanese rivals Sony Corp and Panasonic Corp are working together to develop next-generation TV panels called OLEDs in a reversal of decades of rivalry as they try to catch up with South Korea's Samsung Electronics.

Honda sees sharp drop in profit

Japan's third biggest carmaker, Honda, has announced a 41% drop in quarterly profit, as it continues to feel the impact of Japan's March disasters, the floods in Thailand, and the high yen.