Business Topics

Sharp mulls cutting another 1,000 jobs

Apr 28, 2016

Sharp mulls cutting another 1,000 jobs

Struggling electronics maker Sharp Corp. is considering cutting about 1,000 additional jobs to help reduce costs, sources familiar with the matter said Thursday. Jobs may be cut in loss-making units such as the solar cell section, the sources said. The company, however, has not ...

Apr 27, 2016

Nintendo's net profit drops 61% in FY 2015 as stronger yen bites

Nintendo Co. said Wednesday its group net profit fell 60.6 percent in the 2015 business year ended last month to ¥16.51 billion ($139.5 million), bruised by the yen’s appreciation against major currencies and languid portable game sales. With nearly three-quarters of the video game ...