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Examining 'Industry 4.0' opportunities

| Apr 29, 2016

Examining 'Industry 4.0' opportunities

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“Industry 4.0,” or the fourth industrial revolution, can offer both opportunities and risks for the Japanese economy. It is a term to describe the future state of the economy, particularly manufacturing, based on the connectivity of everything, or the “Internet of Things” (IoT). This ...

Comcast to pay $3.55 billion to buy DreamWorks Animation

Apr 29, 2016

Comcast to pay $3.55 billion to buy DreamWorks Animation

Comcast is buying DreamWorks Animation, the film company behind the “Shrek,” “Madagascar” and “Kung Fu Panda” franchises, for approximately $3.55 billion, strengthening its presence in the important and growing business of children’s entertainment. DreamWorks stockholders will receive $41 for each share they own. That’s ...

Apr 28, 2016

Surge in foreign visitors boosts profits of ANA, JAL in fiscal 2015

Robust demand from foreign travelers to Japan boosted profits of the country’s two major airlines in fiscal 2015, according to their earnings reports released Thursday. ANA Holdings Inc. reported a record group net profit of ¥78.17 billion ($723 million) for the year through March ...

Apr 28, 2016

Consumer prices fell 0.3% in March

Consumer prices fell 0.3 percent in March compared with a year earlier due to lower energy prices, the government said Thursday, leaving the Bank of Japan far behind in its quest to stoke 2 percent inflation. The core consumer price index, which excludes volatile ...

Sharp mulls cutting another 1,000 jobs

Apr 28, 2016

Sharp mulls cutting another 1,000 jobs

Struggling electronics maker Sharp Corp. is considering cutting about 1,000 additional jobs to help reduce costs, sources familiar with the matter said Thursday. Jobs may be cut in loss-making units such as the solar cell section, the sources said. The company, however, has not ...