The company blamed the pretax
loss on weak sales of autumn and winter clothing due to the anemic economy and losses at its affiliates.
The Hiroshima-based automaker also said it expects 45.5 billion yen in unconsolidated pretax
profit, up 75.3% from the previous year.
The Tokyo-based publisher reported a group net profit of 971 million yen and pretax
profit of 2.86 billion yen, both positive turnarounds from net and pretax
losses of 6.87 billion yen and 1.05 billion yen a year earlier.
30 Kyodo Japan's three major airlines posted large pretax
profit gains in the first half of fiscal 1998 on sales of aircraft and other means, according to their unconsolidated April-September results released by Friday.
balance also sank into minus territory with its loss amounting to 31.63 billion yen, down from a profit of 35.46 billion yen.
Mitsubishi Motors' group pretax
account is also in the red, a loss of 54.52 billion yen, on sales of 3,735.23 billion yen, up 1.7%.
It also chalked up 6.78 billion yen in consolidated pretax
profit on sales of 540.82 billion yen.
Three major online brokerage houses reported higher operating revenues for the April-June quarter, with two of them posting pretax
profits despite the sluggish Tokyo stock market, according to their financial statements released by Thursday.
Combined consolidated pretax
profits and sales by companies listed on the Tokyo Stock Exchange (TSE) rose 38.3% and 4.8%, respectively, in fiscal 2000, which ended March 31, the TSE said Monday.
Japanese companies listed on the Tokyo Stock Exchange's First Section are likely to report a minimal growth of 0.7% in their combined group pretax
profit for fiscal 2001 from the year before, an economic think tank said Friday.
Major Japanese companies' combined pretax
profits for the first half of fiscal 2000 expanded 59.9% from a year earlier on a consolidated basis, helped mainly by their restructuring efforts, the Shinko Research Institute said Friday.
Its fiscal 1999 pretax
balance is also likely to fall into the red, with its pretax
loss reaching as high as 15 billion yen, according to the major manufacturer of motorcycles, aircraft and other large machinery.