Practice English with NewsPractice with News
Business213 words2 min read

77 Japanese Companies to Report Earnings on November 4

a bunch of coins sitting on top of a table
Photo by Franck V. on Unsplash
0:00 / 0:00

Listen to the story

On November 4, 77 Japanese companies are expected to report their earnings.

The list includes well-known names such as IHI, Mitsubishi Corporation, and NTT.

IHI is known for making industrial machines and engines.

Mitsubishi Corporation is a large trading house that deals in many kinds of products.

NTT is one of Japan's biggest telecommunications companies.

These earnings reports show how much money a company has made or lost recently.

Investors and analysts pay close attention to these numbers.

The reports usually cover three months of business activity, known as a quarter.

Earnings season happens several times a year when many companies announce results around the same time.

Two days earlier, on November 2, several other major firms had already announced their results.

These included Sumitomo Corporation, Mitsui O.S.K. Lines, Kyocera, Japan Airlines, Sumitomo Chemical, and Nippon Ham.

This list is sometimes called a earnings scoreboard, showing which companies have reported and which haven't yet.

On the same day, some companies also updated their forecasts for sales and dividends.

A forecast update means a company changes its prediction about future business performance.

A dividend is money a company pays to its shareholders from its profits.

Such updates can show whether a company expects to do better or worse than before.

Vocabulary10 words

earnings
money a company makes in a certain time
trading house
a company that buys and sells many kinds of goods
investor
a person who puts money into a company
quarter
a three-month period of the year
earnings scoreboard
a list showing which companies have shared results
forecast
a prediction about future business results
dividend
money paid to people who own company shares
industrial
related to factories and machines
telecommunications
sending information by phone or internet
shareholder
a person who owns part of a company

📚 Ready to use these words in a real conversation?

Practice live with a real tutor on Preply.

Quiz

1. What do the 77 companies plan to do on November 4?
2. What kind of business is Mitsubishi Corporation?
3. Which companies reported results on November 2, according to the text?

✅ Nice work on the quiz!

Keep the momentum going — book a live English lesson with a Preply tutor.

Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

On November 4, 77 Japanese companies are expected to report their _____.

The list includes well-known names such as IHI, Mitsubishi Corporation, and _____.

Mitsubishi Corporation is a large _____ that deals in many kinds of products.

NTT is one of Japan's biggest _____ companies.

These earnings reports show how much money a company has made or _____ recently.

_____ and analysts pay close attention to these numbers.

The reports usually cover three months of business activity, known as a _____.

Two days earlier, several other major firms had already announced their _____.

Some companies also updated their forecasts for sales and _____.

A dividend is money a company pays to its _____ from its profits.

Discussion questions

  1. Why do investors care so much about company earnings reports?
  2. What might change if a company's earnings are much lower than expected?
  3. Why do many companies report their results around the same time each quarter?
  4. How could updated forecasts affect decisions made by shareholders?

🎓 Enjoyed this story?

Turn today's reading into real speaking practice with a live Preply tutor.

More Business stories