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Struggling movie division weighs on full-year profit outlook On Thursday, Yoshida said VR sales were within expectations and said he sees VR as a long-term project that Sony wants to nurture. [Extracted from the article]

Advertising revenue rose while sales of stamps and games fell Advertising revenue climbed 48 percent in the quarter from a year earlier, with impression-based ads accounting for about a quarter of the revenue, Line said. [Extracted from the article]

SoftBank Group Corp. reported better-than-projected second-quarter profit, with the wireless and internet businesses in Japan bringing in cash while Sprint Corp. shows signs of improvement. While it's not yet clear what this means for ARM, Son has said the U.K.-based chip company will be a key building block for the Internet of Things and play a role in bringing about advanced artificial intelligence. [Extracted from the article]

SoftBank Group Corp. reported better-than-projected second-quarter profit, with the wireless and internet businesses in Japan bringing in cash while Sprint Corp. shows signs of improvement. Attribution Edwin Chan: editor Robert Fenner: editor responsible Pavel Alpeyev: by reporter Takashi Amano: by reporter Reed Stevenson: editor. [Extracted from the article]

Sony shipped 3.9 million PS4 console units in the latest quarter, and maintained its forecast to ship 20 million units in the 12 months through March. Sony on Monday announced the sale of its battery unit for about 17.5 billion yen and transfer of 8,500 workers, resulting in the impairment on its components business. [Extracted from the article]

Second-quarter operating profit missed analyst estimates Sharp's operating profit in the second quarter was 2.6 billion yen, falling short of the average estimate for 10.6 billion yen. Attribution Edwin Chan: editor Robert Fenner: editor responsible Pavel Alpeyev: by reporter Takashi Amano: by reporter Reed Stevenson: editor. [Extracted from the article]

Sony Corp.'s second-quarter profit missed estimates, as a one-time charge and stronger yen weighed on profit from financial services and PlayStation games. Sony shipped 3.9 million PS4 units in the latest quarter, and maintained its forecast to ship 20 million units in the 12 months through March. [Extracted from the article]

Sony, which in years past has scaled back in businesses from phones to televisions, posted a surprise profit for the June quarter. While Sony managed to post a rare profit in phones, by dint of reducing its mid-range line-up and retreating from unprofitable markets, it was the games unit that impressed. [Extracted from the article]

Sony, which in years past has scaled back in businesses from phones to TVs, posted a surprise profit for the June quarter. While Sony managed to post a rare profit in phones, by dint of reducing its mid-range line-up and retreating from unprofitable markets, it was the games unit that impressed. [Extracted from the article]

SoftBank Group Corp.'s first-quarter profit rose 19 percent as proceeds from selling part of its stake in Alibaba Group Holding Ltd. helped make up for losses at Sprint Corp. The gradual turnaround at Sprint has been overshadowed by SoftBank founder Masayoshi Son's $32 billion deal for chip designer ARM Holdings Plc. [Extracted from the article]

Pokemon Go Plus, a 3,500 yen ($33) Bluetooth gadget that helps users detect nearby virtual pocket monsters, was supposed to be Nintendo's one measurable benefit from the explosive popularity of the game. Roughly 13 percent of Pokemon Go sales should flow to Nintendo, according to an estimate by David Gibson, an analyst at Macquarie Securities in Tokyo. [Extracted from the article]

The mobile messaging service grew users to 220 million Attribution Yuji Nakamura: by reporter Edwin Chan: editor Robert Fenner: editor responsible Takashi Amano: by reporter. [Extracted from the article]

Sony Corp.'s Chief Executive Kazuo Hirai received a hefty pay raise as the company saw its first profit in three years. Attribution Robert Fenner: editor responsible Pavel Alpeyev: by reporter Dave McCombs: editor Peter Elstrom: editor Takashi Amano: by reporter. [Extracted from the article]

The company reported a net loss of 483 billion yen for the year ended March on sales of 5.67 trillion yen. While Toshiba is still considering options, the business is in a position to make a profit independently after scaling back production and targeting enterprise clients, Tsunakawa said earlier this month. [Extracted from the article]

Sprint is "making solid progress" and showing signs of a turnaround, having gained subscribers on a net basis for the past three quarters, Softbank said in a statement. Attribution Edwin Chan: editor Robert Fenner: by editor reporter responsible Pavel Alpeyev: by reporter Takashi Amano: by reporter. [Extracted from the article]

Stalling global demand for smartphones has made a larger-than-expected dent in Sony Corp.'s annual profit growth. Sony scaled back expected demand for the sensors and lenses that go into cameras as well as smartphones, with cash flow unlikely to recover the carrying amount of the assets. [Extracted from the article]

Panasonic Corp. fell the most in almost three-and-a-half years after forecasting an 8.5 percent drop in profit next fiscal year as it boosts spending on new products outside of its consumer electronics business. Attribution Edwin Chan: editor Robert Fenner: editor responsible Pavel Alpeyev: by reporter Takashi Amano: by reporter Reed Stevenson: editor. [Extracted from the article]

Panasonic Corp. forecast an 8.5 percent fall in profit next fiscal year on increased spending but said operating income should rebound to its highest in more than a decade by fiscal 2018. Attribution Edwin Chan: editor Robert Fenner: editor responsible Pavel Alpeyev: by reporter Takashi Amano: by reporter. [Extracted from the article]

Shares drop as sluggish handheld sales, yen cut earnings The currency fluctuation reduced profit by 20 billion yen, Nintendo said. [Extracted from the article]

The maker of Mario games cuts net income forecast 51% Nintendo cut its 3DS sales outlook 13 percent and kept the forecast for Wii U console sales unchanged. [Extracted from the article]

SoftBank Group Corp.increased third quarter operating income 7.3 percent on new Japanese wireless customers as billionaire Chairman Masayoshi Son sees signs of a turnaround at its beleaguered U.S. unit Sprint Corp. SoftBank stock has been hammered by pessimism about Son's ability to turn around Sprint after he paid $22 billion for a controlling stake in 2013. [Extracted from the article]

CEO Kazuo Hirai maintains full-year company forecasts Sony Corp.'s earnings got a huge helping hand from Hollywood, music and games last quarter, validating Chief Executive Officer Kazuo Hirai's shift away from its consumer hardware roots. Sony has relied on image sensors to bolster profits while Hirai shifted focus away from consumer electronics such as TVs. [Extracted from the article]

Toshiba shares were put on alert by the Tokyo Stock Exchange starting Tuesday because trust in the company was damaged by the accounting irregularities. On Sept. 7, months after the initially scheduled filing, Toshiba reported a net loss of 37.8 billion yen for the 12 months ended March, compared with revised net income of 60.2 billion yen a year earlier. [Extracted from the article]

Toshiba Corp. fell the most in almost two months in Tokyo trading as the company's writedown on past earnings from accounting irregularities was said to double. Toshiba has repeatedly widened the investigation after withdrawing its earnings forecasts for last fiscal year, canceling a year-end dividend and saying it had found irregularities related to "percentage of completion" accounting estimates. [Extracted from the article]

To contact the reporter on this story: Dave McCombs in Tokyo at dmccombs@bloomberg.net SoftBank Corp. posted annual profit that beat analyst estimates. [Extracted from the article]

Nintendo Co. surged for a second day in Tokyo trading on its plans to develop game titles for mobile devices made by other companies. Nintendo is ending the resistance to using its iconic videogame characters on smartphones as the company tries to regain users who've fled its Wii U console and 3DS handheld player for mobile devices. [Extracted from the article]

Sony Corp. forecast its highest earnings in 20 years as Chief Executive Officer Kazuo Hirai uses games, image sensors and entertainment to revive the electronics maker. The forecast is 25 times the size of the 20 billion yen operating profit Sony is projecting for this year. [Extracted from the article]

SoftBank Corp., the wireless carrier controlled by billionaire Masayoshi Son, posted plunging third-quarter profit as Japanese subscriber growth stalled and losses widened at Sprint Corp. Shares fell. Net income in the year starting April 1 will drop as Sprint's turnaround falls behind SoftBank's original schedule, Son said in a briefing in Tokyo on Tuesday without giving a specific figure. [Extracted from the article]

Keyence Corp. investors may miss founder Takemitsu Takizaki, who has handed them more than double the returns of Apple Inc. over the past three years. Takizaki is retiring after four decades quietly building a Japan Inc. factory automation powerhouse, the Osaka-based company said Monday. Takizaki, 69, built the globally dominant factory-automation company while amassing Japan's fourth-biggest fortune. [Extracted from the article]