Business Topics

Japan's Seven& I Holdings to promote Isaka to president

Apr 15, 2016

Japan's Seven& I Holdings to promote Isaka to president

Seven & I Holdings Co. is poised to promote Ryuichi Isaka, head of its Seven-Eleven Japan Co. convenience store unit, to president of the holding company after activist investor Daniel Loeb intervened in an attempt to oust him, a person familiar with the matter ...

Apr 15, 2016

Toyota, Honda suspend plants rattled by Kumamoto quake

Toyota Motor Corp. and Honda Motor Co. were among companies that suspended operations Friday after a powerful earthquake struck Kyushu, damaging factories and supply chains. Flights and trains were also disrupted after the magnitude-6.5 quake, which struck at around 9:26 p.m. on Thursday. Companies ...

Apr 15, 2016

Toshiba, Fujitsu, Vaio may abandon talks on PC integration

Talks to integrate the personal computer units of Toshiba Corp., Fujitsu Ltd., and Vaio Corp. are on the verge of breaking down, sources close to the matter said Friday. Negotiations have foundered on a range of disagreements, including the need for restructuring. The three ...

Apr 14, 2016

Emirates to acquire two orphaned Skymark superjumbos

Emirates, already the biggest buyer of Airbus Group SE’s A380 superjumbo, has agreed to take two extra aircraft originally commissioned by Skymark Airlines Inc., swelling its order tally to 142 of the planes. The initial deal was canceled after the budget carrier fell behind ...

FamilyMart stores may offer day care, karaoke after merger with Uny

Apr 13, 2016

FamilyMart stores may offer day care, karaoke after merger with Uny

Convenience store operator FamilyMart Co. aims to catch up with industry leader Seven-Eleven Japan Co. by developing unique products and services such as day care nurseries and karaoke parlors, Chairman Junji Ueda said in a recent interview. “We’ll concentrate on creating unique products and ...

Skymark's overseas charter flights may fly from Haneda, Fukuoka

Apr 12, 2016

Skymark's overseas charter flights may fly from Haneda, Fukuoka

Skymark Airlines is considering using Haneda airport among other facilities for its planned international charter flights, Masahiko Ichie said in a recent interview. He cited Ibaraki Airport, Fukuoka Airport and Kagoshima Airport as other possible sites. Skymark, the nation’s third-largest carrier, aims to launch ...

Apr 12, 2016

Sharp to nearly double intake of recruits following takeover

Sharp Corp. said Monday it will nearly double the number of new recruits for fiscal 2017 as it begins to rebuild under Taiwan’s Hon Hai Precision Industry Co. The struggling electronics maker plans to hire 290 graduates — 200 university graduates and 90 high ...

Apr 11, 2016

Otsuka Kagu's ex-chairman wins suit over bond redemption

The Tokyo District Court on Monday ruled in favor of Katsuhisa Otsuka, former chairman of major furniture retailer Otsuka Kagu Ltd., in his lawsuit against a firm related to his eldest daughter over corporate bond redemption. In the suit, Katsuhisa Otsuka, who recently lost ...