Toshiba's Profit Surges 13x Y-o-Y, Fujitsu Back into Black, Sanyo Improves But Maintains Projected Loss (SANYY)

Jan.31.06 | About: Sanyo Elec (SANYY)

Click here for Tokyo-AP coverage of these three firms' results from their latest respective quarters. Some quick quotes from AP with 1-year charts below: "Toshiba has been an exception among Japanese electronics makers in reporting healthy profit in the competitive computer chip sector lately because of its focus on flash memory chips widely used in mobile phones and portable digital music players." Fujitsu's return to profitability was welcome news for the firm, "whose image has suffered some after its computer software was blamed for some recent problems on the Tokyo Stock Exchange." Sanyo (SANYY) "reported a group net profit of 6.22 billion yen ($53 million) for the quarter ended Dec. 31, a dramatic reversal from the 17.62 billion net loss during the same period the previous year. Sanyo kept its projection for a 233 billion yen ($2 billion) loss for the full year through March."


SANYY 1-yr chart:


Toshiba 1-yr chart (TSE ticker: 6502 in yen):


Fujitsu 1-yr chart (TSE ticker: 6702 in yen):