Business Topics

Aug 21, 2015

Toyota to add 1,400 workers for new Prius and Land Cruiser

Toyota Motor Corp. plans to add about 1,400 workers at factories in Japan as the automaker ramps up production of Prius hybrids and Land Cruiser SUVs, people familiar with the matter said. The company’s Tsutsumi and Tahara plants are hiring to begin output of ...

Aug 21, 2015

Sapporo to test-market Japan-made wines in Singapore

Sapporo Beer Co. said Thursday it will sell its Japan-made wines at shops in Singapore from September on a trial basis to analyze demand there as the company eyes entry into the Southeast Asian market. Sapporo Beer, a group firm of Sapporo Holdings Ltd., ...

Aug 20, 2015

FamilyMart, Uny may put off business integration accord

Retailers FamilyMart Co. and Uny Group Holdings Co. are mulling putting off the conclusion of a basic accord on their planned business integration to September or later, it was learned on Thursday. This is because Uny’s work to draw up measures to shore up ...

Gundam-shaped tofu to go on sale Friday

Aug 20, 2015

Gundam-shaped tofu to go on sale Friday

by

Sagamiya Foods Co., known for producing Gundam robot-shaped tofu, will put the latest of its unusual tofu series on store shelves Friday. About two years after the last Gundam tofu hit the market, the Gunma Prefecture-based tofu-maker on Thursday unveiled its new tofu whose ...

Aug 20, 2015

Toyota, steel makers agree to cut sheet prices

Toyota Motor Corp. and major steel makers have agreed to lower prices for steel sheet for the April-September period from the previous six months, marking the first price cut in a year, industry sources said Thursday. Toyota and the steel makers, including Nippon Steel ...

Son's successor to buy $483 million SoftBank shares

Aug 20, 2015

Son's successor to buy $483 million SoftBank shares

The successor-in-waiting at SoftBank Group Corp. said Wednesday he would buy a whopping $483 million in company shares, after his move to the Japanese mobile carrier from Google. Nikesh Arora, who left a high-profile post at the Internet search giant last year, said he ...

Aug 20, 2015

Kirin buys Myanmar's biggest brewing company for $560 million

Kirin Holdings Co. said it acquired Myanmar’s biggest beer company for $560 million (about ¥69.7 billion), as it seeks to expand abroad with an aging population at home reducing domestic demand for its beverages. A Singapore unit of Japan’s second-largest brewer by market value ...

Aug 19, 2015

SoftBank beefs up Sprint stake with second purchase this month

SoftBank Group increased its stake in Sprint Corp. a second time this month, acquiring ¥7.51 billion($73 million) of stock in the unprofitable U.S. wireless operator. The Japanese carrier paid for 16.8 million shares, according to Bloomberg calculations based on a SoftBank filing with the ...