Business Topics

Toyota hybrid sales top 10 million worldwide

Feb 15, 2017

Toyota hybrid sales top 10 million worldwide

Toyota Motor Corp. said worldwide sales of its hybrid vehicles totaled 10,048,500 units as of the end of January, surpassing the 10-million-unit mark 20 years after the launch of its first such environmentally friendly vehicle. The automaker is aiming for cumulative sales of 15 ...

Under Hon Hai, Sharp looks to expand LCD operations

Feb 14, 2017

Under Hon Hai, Sharp looks to expand LCD operations

Struggling electronics maker Sharp Corp. is starting to focus on expanding its business operations, six months after coming under the umbrella of Taiwan’s Hon Hai Precision Industry Co. In October-December last year, Sharp posted a group net profit of ¥4.2 billion, returning to the ...

Verizon gives in, enters unlimited data game

Feb 14, 2017

Verizon gives in, enters unlimited data game

Verizon, a longtime holdout, has joined other carriers in offering an unlimited data plan. AT&T only lets customers sign up for unlimited plans when they also subscribe to DirecTV, which AT&T owns. But its prices are similar to Verizon’s for a family; Verizon is ...

Micro M&A advisers riding population trends to success

Feb 13, 2017

Micro M&A advisers riding population trends to success

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Boutique advisers specializing in micro mergers and acquisitions for mostly family-run firms are enjoying a boom as the aging, shrinking population puts the squeeze on Japan’s small business landscape. There are no industrywide figures for deals between ¥500 million and ¥1 billion, but boutique ...

McDonald's Japan bounces back with ¥5.37 billion profit for 2016

Feb 9, 2017

McDonald's Japan bounces back with ¥5.37 billion profit for 2016

McDonald’s Holdings Co. (Japan) on Thursday reported a ¥5.37 billion ($48 million) group net profit for 2016, returning to profitability after years of slumping sales triggered by food safety scandals. The profit is a sharp turnaround from its ¥34.95 billion net loss last year, ...