Business Topics

Mar 13, 2015

FamilyMart in talks to buy Cocostore

FamilyMart Co. is in talks to buy Cocostore Corp., which operates convenience stores in central and western Japan, sources familiar with the matter said Friday. FamilyMart, the nation’s third-largest convenience store chain, recently announced it is negotiating with the smaller rival operating Circle K ...

Mar 13, 2015

Fanuc mulls boosting investor returns as Loeb calls for change

Three weeks after billionaire investor Daniel Loeb started a public campaign demanding changes at the industrial robot-maker, Fanuc Corp. says it will consider ways to increase investor returns. Its stock surged. The company, one of the most secretive in Japan, will start what it ...

Mar 13, 2015

Tepco in talks with mobile carriers to form partnership: sources

Tokyo Electric Power Co. is currently in talks with three major Japanese mobile carriers to find a partner for joint marketing, as the planned liberalization of the retail electricity market next year is expected to boost competition, informed sources said Friday. The utility will ...

Vaio Phone to offer SIM-free option in 'wide open' market

Mar 12, 2015

Vaio Phone to offer SIM-free option in 'wide open' market

by Kazuaki Nagata

Japan Communications Inc. unveiled on Thursday a new smartphone designed in collaboration with Vaio Corp. to energize the market for SIM-free smartphones in Japan. The Vaio Phone will debut March 20, according to the Tokyo-based mobile virtual network operator that borrows mobile communication networks ...

Mar 12, 2015

Panasonic to sell Sanyo electronics unit to investment fund

Consumer electronics giant Panasonic Corp. said Wednesday it will sell Sanyo Techno Solutions Tottori Co., an electronics unit of new subsidiary Sanyo Electric Co., to an investment fund on March 31. A special purpose company owned by Tokyo-based J-Will Partners Co. will acquire the ...

Mar 12, 2015

Hitachi IT unit to limit acquisitions this year to small firms

Hitachi Ltd.’s information-technology services division will spend this year absorbing several recent data-management acquisitions and will limit further purchases to small outfits, according to an executive with the company. The division, Hitachi Data Systems, plans to spend the rest of this year helping its ...

Mar 11, 2015

FSA focusing on regional banks' lending operations

Inspections by the Financial Services Agency into regional banks have been focusing on how the institutions are addressing profitability in the crucial lending sector, according to sources. With regional banks experiencing falling profits from lending amid competition from so-called mega-banks and shinkin credit banks, ...

Mar 11, 2015

Four Japanese life insurers mull dividend hikes

Four major life insurers are expected to increase dividend payments to individual policyholders for fiscal 2014, which ends this month, informed sources said Wednesday. Nippon Life Insurance Co. will raise payments for the first time since fiscal 2007, before the financial crisis following the ...