Business Topics

Nov 22, 2016

AIG, Cyberdyne to develop insurance plans to cover wearable robots

U.S.-affiliated insurance firm AIG Japan Holdings K.K. and wearable robot maker Cyberdyne Inc. have formed a business alliance in the nonlife insurance business. Under the tie-up deal announced Monday, the unit of New York-based American International Group Inc. and Cyberdyne will develop and sell ...

Subaru loses its cool over hot SUVs

Nov 22, 2016

Subaru loses its cool over hot SUVs

Subaru, a tiny, conservative Japanese brand, is about to build a big, brash, American-style SUV. It’s either an exercise in kaizen — slow, steady improvement — or a complete loss of cool. To be sure, the market is there. Americans are ditching their sedans ...

Mitsubishi's second test jet arrives in U.S. for flight trials

Nov 19, 2016

Mitsubishi's second test jet arrives in U.S. for flight trials

A second Mitsubishi Aircraft Corp. passenger jet arrived in the United States on Friday to conduct required flight tests in order to get a safety certification in Japan, the company said Saturday. The subsidiary of Mitsubishi Heavy Industries Ltd. plans to send two more ...

Nov 19, 2016

State-backed fund to extend ¥70 billion in loans to Japan Display

A state-backed fund is considering lending more than ¥70 billion ($630 million) to struggling Japan Display Inc. to help it boost production of interior display screens for vehicles, sources close to the matter said. The loan from Innovation Network Corporation of Japan would be ...

Nintendo to release first iPhone Mario game on Dec. 15

Nov 16, 2016

Nintendo to release first iPhone Mario game on Dec. 15

Nintendo Co. will release “Super Mario Run” worldwide for Apple Inc.’s iPhone and iPad on Dec. 15 in U.S. time zones, a highly anticipated launch that has a high bar for success after this summer’s “Pokemon Go” phenomenon. The game, the first mobile edition ...

Nov 15, 2016

Dentsu rides wave of solid earnings connected to Rio Olympics

Advertising giant Dentsu Inc. reported solid group earnings Monday for the January to September period due to brisk ad revenue on the back of the Rio de Janeiro Olympics and Paralympics this summer. Although a simple year-on-year comparison is difficult as Dentsu has changed ...

Nov 15, 2016

SoFi expands into life insurance through deal with Protective Life

Social Finance Inc., a fast-growing online lender that focuses on high-earning millennials, is broadening its offerings to include life insurance. The startup, known as SoFi, will join with Protective Life Corp., a unit of Japan’s Dai-ichi Life Holdings Inc., to provide up to $1 ...