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Nintendo results undeline need for ‘switch’ success

  Bloomberg Nintendo Co. reported quarterly profit above projections and increased its outlook for the year, but anemic sales highlighted how important it is for the company’s new Switch console to succeed. A weaker yen and brisk holiday sales helped the Kyoto-based game maker deliver profit of 64.7 billion yen ($569 million) for the period ending in December, exceeding analysts’ ...

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Komatsu joins peers to signal mining rebound remains elusive

  Bloomberg Komatsu Ltd., the world’s No. 2 supplier of construction equipment, said industry-wide demand from miners fell 13 percent in the last quarter, signaling that the rebound in commodities prices is yet to feed through into better sales of the giant trucks and excavators used in extracting minerals. The Tokyo-based company, which also supplies builders and produces industrial machinery, ...

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Japan homes in on lost nuclear fuel with Fukushima pictures

Bloomberg New photographs show what may be melted nuclear fuel sitting under one of Japan’s wrecked Fukushima reactors, a potential milestone in the search and retrieval of the fuel almost six years after it was lost in one of the worst atomic disasters in history. Tokyo Electric Power Co. Holdings Inc., Japan’s biggest utility, released images showing a grate under ...

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