Business Topics

Takata lines up bids despite uncosted liabilities

Sep 20, 2016

Takata lines up bids despite uncosted liabilities

Embattled air bag supplier Takata Corp. is moving forward with an auction of the company as private-equity firms and car parts-makers line up offers. Suitors include Carlyle Group LP, which is working with Chinese-owned air bag manufacturer Key Safety Systems Inc.; Daicel Corp., a ...

Sep 20, 2016

SoftBank considers Indian solar panel assembly joint venture

SoftBank Group Corp. is mulling a manufacturing joint venture in India that could produce the solar panels needed to meet Prime Minister Narendra Modi’s energy targets. “SoftBank’s strategy for India includes solar panel manufacturing,” Manoj Kohli, executive chairman of SB Energy said in an ...

Sep 19, 2016

Five snippets of information about VW's 'Dieselgate' scandal

It has been a year since Volkswagen admitted to fitting millions of cars with cheating software to dupe emissions tests, plunging the German auto giant into one of the biggest scandals ever to hit the industry. Billions of dollars in compensation later and mired ...

Sep 15, 2016

Fukoku Life to give 400 nonregular staff regular status

Fukoku Mutual Life Insurance Co. will give regular employee status to about 400 female nonregular administrative staff at its regional sales offices from October, informed sources told Jiji Press on Thursday. Following the status change, their annual salaries will rise 7.4 percent, or some ...

Sep 15, 2016

TSE approves listing of JR Kyushu

The Tokyo Stock Exchange on Thursday approved the listing of Kyushu Railway Co. on its main section. With an expected market capitalization of around ¥500 billion, JR Kyushu’s debut on Oct. 25 will be one of the biggest initial public offerings in Japan this ...