Business Topics

Aug 27, 2015

FamilyMart, Uny postpone agreement on merger plan

Convenience store operators FamilyMart Co. and Uny Group Holdings Co. said Thursday they will postpone the planned signing in August of a basic merger agreement and take more time to work out the details of the deal, which was announced in March. The two ...

Aug 27, 2015

Fujitsu recalls 70,000 laptop battery packs over fire fears

Fujitsu Ltd. said Thursday it will voluntarily recall and provide replacements for about 70,000 battery packs used in some of its Lifebook laptop computer models as they could catch fire. The company has so far confirmed three cases of fire linked to the battery, ...

Aug 27, 2015

Toshiba eyes appointing Shiseido adviser Maeda as board chairman

Toshiba Corp. is considering naming Shinzo Maeda, senior adviser to cosmetics-maker Shiseido Co., as chairman of its revamped board in order to improve corporate governance at the industrial conglomerate that’s mired in an accounting scandal, sources close to the matter said Thursday. The new ...

Aug 26, 2015

Panasonic to shut down battery factory in Beijing

Panasonic Corp. will close a lithium-ion battery factory in Beijing due to deteriorating profitability amid stiff competition with South Korean rivals, sources close to the matter said Wednesday. The major Japanese electronics-maker will end production later this month at the earliest and lay off ...

Sony to offer commercial drone services from 2016

Aug 24, 2015

Sony to offer commercial drone services from 2016

Sony Corp. plans to offer commercial drone services targeting the construction, logistics and agriculture industries from the first half of next year. The company is making drones that can fly over a predetermined geographical area and take high definition footage that will be uploaded ...