Business Topics

Sony bosses to give up bonuses for fourth year straight

May 14, 2015

Sony bosses to give up bonuses for fourth year straight

Sony Corp. President Kazuo Hirai and seven other corporate executive officers will give up their bonuses for the fourth consecutive year to take responsibility for the company’s massive loss for fiscal 2014, company sources said Thursday. The eight executives, including Executive Deputy President and ...

Toyota, Mazda expand tieup to include technology exchanges

May 14, 2015

Toyota, Mazda expand tieup to include technology exchanges

Toyota Motor Corp. and Mazda Motor Corp. have agreed to expand their partnership by jointly developing new technologies to make driving safer for both people and the environment. The agreement Wednesday came as global carmakers face higher costs to comply with stricter emission and ...

May 14, 2015

NTT Docomo, Lawson to link their point programs

NTT Docomo Inc. and Lawson Inc. said Wednesday they will link their point programs from December to tap their vast customer bases further. NTT Docomo will launch a loyalty program on Dec. 1, which will provide “d points” for the mobile communications and other ...

May 13, 2015

Nissan profit soars on weak yen, new models

Nissan Motor Co. said Wednesday its fiscal year net profit soared 17.6 percent to ¥457.6 billion, crediting a weak yen and the launch of new models for buoyant results that surpassed its earlier forecasts. The nation’s No. 2 automaker had earlier expected earnings of ...

May 13, 2015

Japan restaurant fund mulling Singapore's first Asahi bar

by Komaki Ito

Seiki Takahashi, who has opened and managed more than 50 restaurants around the world, is seeking to raise $10 million from high-net-worth individuals to invest in Japanese eateries expanding abroad. Takahashi said that he plans to raise the funds from domestic and overseas investors ...

SoftBank posts record profit, reveals potential successor

May 12, 2015

SoftBank posts record profit, reveals potential successor

SoftBank Corp. said Monday it posted a record group net profit for the fifth consecutive year last fiscal year and its top executive described a former Google Inc. executive as a possible successor to run the Japanese telecom giant in future. SoftBank’s group net ...