Business Topics

Feb 24, 2017

ANA to spend ¥30 billion to turn Peach into subsidiary

ANA Holdings Inc. has decided to bring low-cost carrier affiliate Peach Aviation Ltd. under its wing by raising its stake in the company from about 39 percent, a sources close to the matter said Friday. ANA, parent of All Nippon Airways, plans to spend ...

Feb 24, 2017

Sony, Mitsui to integrate animation business

Sony Pictures Entertainment (Japan) Inc. and major trading house Mitsui & Co. said on Thursday they will integrate their animation program broadcasting business. Through the integration, the Sony Corp. group company and Mitsui will aim to win program orders from television networks and strengthen ...

Apple 'spaceship' campus ready for boarding

Feb 23, 2017

Apple 'spaceship' campus ready for boarding

Apple on Wednesday announced that workers will start boarding its futuristic new “spaceship” campus in Silicon Valley in April, fulfilling a vision set out by late founder Steve Jobs. The process of moving more than 12,000 people to a new campus that Jobs envisioned ...

Feb 22, 2017

Cosmo Energy, Kygnus Sekiyu to form business tie-up

Major oil wholesaler Cosmo Energy Holdings Co. will form a capital and business alliance with Kygnus Sekiyu K.K., Cosmo Energy has said. Cosmo Energy will acquire a 20 percent stake in Kygnus from San-Ai Oil Co. between April and June, according to the announcement ...

Money-losing Toshiba selling medical leasing unit to Canon

Feb 21, 2017

Money-losing Toshiba selling medical leasing unit to Canon

Embattled electronics maker Toshiba Corp. is selling its stake in a medical equipment leasing company to Canon Inc. for ¥31.4 billion ($277 million). Toshiba said Tuesday it is selling its entire 65 percent stake in Toshiba Medical Finance Co. to Canon, a Japanese camera ...