Business Topics

Expansion brewing for Blue Bottle Coffee in Japan

May 8, 2015

Expansion brewing for Blue Bottle Coffee in Japan

Blue Bottle Coffee Inc., a U.S. coffee chain dubbed by some the “Apple of coffee,” is considering expanding further in Japan, according to the company’s founder and CEO. James Freeman, who heads the chain known for using fresh beans within 48 hours of roasting, ...

May 7, 2015

SoftBank to take 5% stake in Yamada Denki

Telecommunications giant SoftBank Corp. said Thursday it will acquire a 5 percent stake in electronics retailer Yamada Denki Co. for ¥22.76 billion. SoftBank is expected to become Yamada Denki’s fourth-largest shareholder after obtaining some 48.3 million outstanding Yamada Denki shares on May 25. SoftBank ...

Nintendo logs first operating profit in four years

May 7, 2015

Nintendo logs first operating profit in four years

Nintendo Co. posted a group operating profit of ¥24.77 billion on Thursday for the business year that ended March 31 — its first operating profit in four years — helped by robust sales of its Wii U home game console and software abroad. The ...

May 1, 2015

Otsuka Kagu posts first-quarter loss after proxy fight

Otsuka Kagu Ltd. said Friday that it swung to a net loss in the first quarter as clients shunned the Japanese furniture retailer following the proxy fight between the founder and his daughter. Otsuka Kagu posted a net loss of ¥740 million for the ...