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May 26, 2016

Fully automated vehicles excluded from tests on Japan's public roads

The first guidelines on public road tests of self-driving vehicles, released Thursday by the National Police Agency, exclude fully automated cars without a steering wheel or driver. The NPA’s recommendations say tests should be conducted with cars that have a driver behind the wheel ...

| May 26, 2016

Buybacks bring dollar to ¥110

Thanks to a bout of buybacks, the dollar recouped most of its early losses to move around ¥110 in Tokyo trading late Thursday. At 5 p.m., the dollar stood at ¥110.02-03, almost unchanged from ¥110.03-03 at the same time Wednesday. The euro was at ...

Takata taps asset management firm Lazard to help recall woes

May 26, 2016

Takata taps asset management firm Lazard to help recall woes

Money-losing Takata Corp. hired financial advisory and asset management firm Lazard on Thursday to help it tackle financial and other problems amid the company’s massive air bag recalls. Takata air bags can deploy with too much force, spewing shrapnel into the vehicle. They are ...

Seven & I shareholders approve Ryuichi Isaka as chief to lead growth

May 26, 2016

Seven & I shareholders approve Ryuichi Isaka as chief to lead growth

Seven & I Holdings Co. will focus on revamping the world’s largest convenience store operator and boost value for shareholders, new President Ryuichi Isaka said after shareholders Thursday approved his appointment following weeks of boardroom drama. Shareholders voted to approve the promotion for Isaka, ...

May 26, 2016

FamilyMart-Uny merger plan approved by shareholders

The planned merger of FamilyMart Co. and Uny Group Holdings Co. was approved by their shareholders Thursday, setting the stage for the creation of one of the nation’s largest convenience store operators in September. Following the approval at their respective shareholders’ meetings held in ...

Sharp releases portable 'robot' phone

May 26, 2016

Sharp releases portable 'robot' phone

Sharp Corp. on Thursday began selling a humanoid robot phone armed with artificial intelligence features and carrying a price tag of ¥213,840 (about $2,000). The electronics maker is producing 5,000 units of the product, called RoBoHoN, per month. The launch of the phone is ...