Topics

/ Apr 8, 2017

Toshiba's auditor cutting it close on earnings report

Toshiba Corp. had not received auditor approval for its April-December earnings report as of Friday morning, informed sources said the same day. Its deadline for submitting the financial statement is Tuesday. If it fails again, it will have to request another extension or be ...

/ Apr 6, 2017

Sharp to boost workforce at key Kameyema plant in July

Sharp Corp. plans to nearly double the number of employees at its mainstay Kameyema factory in Mie Prefecture that makes camera parts for smartphones, a senior company official said Thursday. Sharp, restructuring under the ownership of Taiwan’s Hon Hai Precision Industry Co., also known ...

/ Apr 6, 2017

Hitachi makes bid to build nuclear plants in Britain

Hitachi Ltd. said it has applied for a site license to construct and operate nuclear power plants in Britain, aiming to start operations from the first half of the 2020s. Horizon Nuclear Power Ltd., Hitachi’s British nuclear unit which was purchased from a major ...

/ Apr 5, 2017

Mega-bank groups to trim new grad hiring in 2018

The nation’s three mega-bank groups, including Bank of Tokyo-Mitsubishi UFJ, plan to hire fewer new graduates in spring 2018, bucking an upward trend seen in other business sectors. The core unit of Mitsubishi UFJ Financial Group Inc. expects to employ some 1,100 new graduates ...

/ Apr 5, 2017

Top two Niigata banks strike up integration plan

Daishi Bank and Hokuetsu Bank, both regional institutions in Niigata Prefecture, said Wednesday that they have reached a basic agreement to integrate their operations by setting up a joint holding company in April 2018. The banks will operate under the holding company while they ...