Business Topics

Jul 15, 2014

Number of female execs in banking industry increasing

Female executives are increasing in the nation’s banking industry even as Prime Minister Shinzo Abe is calling for better utilization of women in the workforce as part of the government’s growth strategy measures. “Diverse human resources hold the key to sustained corporate growth,” says ...

Japanet Takata picks son of founder as next president

Jul 14, 2014

Japanet Takata picks son of founder as next president

Major TV home shopping firm Japanet Takata Co. plans to promote Vice President Akito Takata to president to succeed his father and company founder, Akira Takata, according to sources. Akito Takata, 35, Akira’s eldest son, is expected to take the helm on Jan. 16, ...

Sharp looks to acquire Apple facility for iPhone LCDs

Jul 12, 2014

Sharp looks to acquire Apple facility for iPhone LCDs

Struggling electronics maker Sharp Corp. is in talks to buy specialized equipment from Apple Inc. for producing the liquid crystal displays used in iPhones, industry sources said Saturday. Through the purchase, possibly for ¥30 billion to ¥40 billion, Sharp would equip its Kameyama No. ...

Jul 11, 2014

Daido Steel to buy stake in India's Sunflag

Daido Steel Co. will buy a 10 percent stake in Sunflag Iron & Steel Co. for around ¥1 billion in late August as it expands operations in India’s fast-growing automobile market. Nagoya-based Daido said Thursday it would buy the shares via third-party allotment to ...

Jul 11, 2014

Honda to recall more than 170,000 hybrids in Japan

Honda Motor Co. told the transport ministry Thursday that it will recall 175,356 units of its hybrid Fit subcompacts and Vezel sport utility vehicles in Japan because of an engine control computer glitch linked to cases of sudden acceleration. This is the fourth safety ...

Jul 11, 2014

Kyocera sues South Korea's Hanwha over solar power patent

Kyocera Corp. is suing the Japanese arm of South Korean conglomerate Hanwha Group for patent infringement related to technology that maximizes the efficiency of solar batteries. Kyocera said Thursday it filed the suit against Hanwha Q Cells Japan Co. with the Tokyo District Court ...

Disney resumes sales of new movies on iTunes in Japan

Jul 10, 2014

Disney resumes sales of new movies on iTunes in Japan

Walt Disney Co., the world’s largest entertainment company, resumed sales of new movies through Apple Inc.’s online store in Japan after halting them temporarily in a dispute over terms. Disney said in a statement Wednesday that the transactions had resumed after saying on its ...

RareJob aims to make 10 million English-speakers

Jul 10, 2014

RareJob aims to make 10 million English-speakers

RareJob Inc. hopes to attract as many as 10 million Japanese to its English classes, according to the president of the online education provider. “We want to offer services that enable everyone to speak English. We aim to become like a driving school, a ...