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Feb 17, 2017

Mitsubishi Estate names Junichi Yoshida as new president

Mitsubishi Estate Co. has named Senior Executive Officer Junichi Yoshida as its new president. Yoshida, 58, will succeed Hirotaka Sugiyama, 67, who will step aside to take up the post of chairman at the major Japanese real estate developer, the company said in a ...

Feb 17, 2017

Hitachi teams up with U.S. nuclear giant for British project

Hitachi Ltd. has partnered with Exelon Corp. to promote a nuclear power project in Britain, as it seeks to use the largest U.S. nuclear power plant operator’s expertise in running a reactor, Hitachi said. Horizon Nuclear Power Ltd., Hitachi’s nuclear unit in Britain, is ...

Government eyes self-driving car guidelines in fiscal 2017

Feb 17, 2017

Government eyes self-driving car guidelines in fiscal 2017

The government plans to compile guidelines for self-driving cars in fiscal 2017 starting April 1 as it prepares to rework the existing legal framework ahead of the rollout of such vehicles, officials said Thursday. Japan is seeking to promote the spread of automated driving ...

Feb 17, 2017

Japan asks Britain to ensure transparency over exit from EU

Foreign Minister Fumio Kishida asked his British counterpart Boris Johnson on Thursday to ensure “transparency and predictability” with regard to Britain’s planned exit from the European Union. In a meeting in Bonn, Germany, Kishida requested that Brexit not affect Japanese companies operating in Britain, ...

Feb 17, 2017

Sharp lifts profit guidance for fiscal 2016

Sharp Corp. on Friday upgraded its earnings outlook for the year through March on a decline in sales-related costs, forecasting a group operating profit of ¥47.4 billion ($418 million). That is up from the revised projection of ¥37.3 billion announced on Feb. 3. Sharp, ...

Can internet-beaming balloons outmaneuver shifting winds?

Feb 17, 2017

Can internet-beaming balloons outmaneuver shifting winds?

For its next trick, an internet-beaming balloon factory that was spun out of Google believes it can outmaneuver the wind. In doing so, the 4-year-old “Project Loon” says it will be able to bring remote parts of the world online more quickly with a ...