Business Topics

Jun 7, 2016

Omron develops in-vehicle sensor to monitor drivers

Omron Corp. has developed a new in-vehicle sensor for monitoring drivers from real-time video and pictures. The Osaka-based automated control equipment maker aims to put the sensor into use in 2019 or 2020. The sensor, which draws on artificial intelligence, uses a camera to ...

Citigroup touts global network to investors

Jun 6, 2016

Citigroup touts global network to investors

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Despite its withdrawal from Japanese retail banking more than a year ago, Citigroup sees good prospects for companies seeking business opportunities abroad and investors interested in global markets, the head of its Japan operations said. “All of the trends that you see in corporate ...

SoftBank gets serious about tackling debt with asset sales

Jun 6, 2016

SoftBank gets serious about tackling debt with asset sales

After years of acquisitions saddled SoftBank Group Corp. with record debt and weighed down its stock, founder Masayoshi Son is getting serious about improving the company’s balance sheet. SoftBank has announced a series of asset sales as part of a broader effort to re-examine ...

Jun 3, 2016

7-Eleven to buy stores and gas stations in U.S. expansion

Seven & I Holdings Co., the world’s largest convenience store operator, will buy 79 gas stations and convenience stores in California and Wyoming from CST Brands Inc. as it seeks to offset slowing demand at home. The purchase price was not disclosed. The Tokyo-based ...

Shiseido to buy Gurwitch, adding U.S. beauty brands Mercier, ReVive

Jun 3, 2016

Shiseido to buy Gurwitch, adding U.S. beauty brands Mercier, ReVive

Shiseido Co. has agreed to buy U.S.-based Gurwitch Products LLC from closely held Alticor Inc., adding the Laura Mercier and ReVive brands as the more than 140-year-old cosmetics giant seeks growth overseas in the luxury and anti-aging products market. The Japanese company’s American unit ...

Jun 2, 2016

Honda to set up AI research base in Tokyo

Honda Motor Co. said Thursday that subsidiary Honda R&D Co. plans to establish a research and development base specializing in artificial intelligence in the Akasaka district of Tokyo in September. The major automaker will consolidate almost all of its AI-related R&D activities in the ...