Business Topics

Aug 17, 2014

Convenience stores take new tack with tie-ups, new food offerings

Convenience store chains are launching new types of outlets to attract new customers and expand sales networks as competition increases. FamilyMart Co. is adding more outlets paired with karaoke boxes, while Three-F Co. is setting up stores specializing in foodstuffs. On Wednesday, FamilyMart opened ...

Aug 15, 2014

Don Quijote to boost duty-free sales with dedicated paperwork counters

Major discount chain Don Quijote Holdings Co. plans to boost duty-free sales for foreign tourists in October, when consumable goods will be added to tax-free items, company officials said. The company will create dedicated counters where visitors from other countries can complete the procedures ...

Aug 15, 2014

Chip makers skip summer break to meet smartphone demand

While much of Japan relaxes during the Bon summer holiday period, its top semiconductor makers are keeping their factories running to meet fierce demand from China for the technology that runs smartphones. Demand is expected to heat up even more with the launch of ...

Aug 15, 2014

METI to scold companies over keeping data secure

The government plans to urge companies to ensure personal information is being strictly managed in light of the customer data theft at correspondence education provider Benesse Corp., officials said Friday. The incident is prompting Ministry of Economy, Trade and Industry to call on firms ...

Berkshire Hathaway stock tops $200,000

Aug 15, 2014

Berkshire Hathaway stock tops $200,000

The stock price of Warren Buffett’s Berkshire Hathaway topped $200,000 for the first time Thursday. Class A shares of Berkshire jumped past the milestone to an all-time trading high of $201,740 Thursday morning. The shares have long been the most-expensive U.S. stock. Buffett has ...

Aug 14, 2014

Sharp to boost LCD module output at Chinese plant in Wuxi

Sharp Corp. unveiled a plan this week with Chinese municipal leaders to add three more production lines to its liquid crystal display module plant in Wuxi, Jiangsu province, city officials said. The additional capacity is expected to boost sales by more than 3 billion ...

Mitsubishi Heavy eyes closer steel ties with Siemens

Aug 14, 2014

Mitsubishi Heavy eyes closer steel ties with Siemens

Mitsubishi Heavy Industries Ltd. is keen to build a closer partnership with German partner Siemens AG so it can compete better against global rivals, President Shunichi Miyanaga said in a recent interview. Miyanaga said he hopes to explore stronger relations in a business field ...

Aug 13, 2014

Sumitomo takes control of Malaysian fertilizer maker

Sumitomo Corp. and its Singapore-based unit, Sumitomo Corp. Asia & Oceania Pte. Ltd., have taken a controlling stake in Malaysian fertilizer maker Union Harvest Sdn. Bhd. The trading house and its subsidiary said they have raised their joint equity stake in the Malaysian company ...

Sony's sales of PlayStation 4 top 10 million units worldwide

Aug 13, 2014

Sony's sales of PlayStation 4 top 10 million units worldwide

Global cumulative sales of the PlayStation 4 home gaming console topped 10 million units as of Sunday, Sony Corp.’s gaming unit said Wednesday. Sony, which has been struggling to rebuild its electronics business, is positioning the gaming sector as a pillar for improving its ...