Business Topics

Sharp forecasts return to profit in solar business next year

Mar 31, 2015

Sharp forecasts return to profit in solar business next year

Sharp Corp. said its energy solutions business will probably return to profit next fiscal year as it shifts to sales of solar panels and batteries to households in Japan. The maker of smartphone displays, televisions, appliances and solar cells will invest ¥1.4 billion by ...

Mar 31, 2015

Fujifilm to acquire U.S. biotech company

by Kazuaki Nagata

Fujifilm Co. said Monday it will buy a U.S.-based developer of induced pluripotent stem (iPS) cells to strengthen its position in the field of regenerative medicine field, especially new drug development. Fujifilm said the firm has agreed with Cellular Dynamics International Inc. (CDI) to ...

Mar 30, 2015

Benesse’s data went to 500 firms

Customer information copied by a systems engineer from Benesse Corp. was leaked to more than 500 companies through name-list traders, police said Monday. Police investigating Japan’s biggest-ever data theft said that the engineer, Masaomi Matsuzaki, 40, arrested last July on suspicion of stealing personal ...

Mar 29, 2015

Software update puts Mitsubishi TVs on the blink

Mitsubishi Electric Corp. said Sunday that a bad software update might have caused up to 1.62 million of its liquid crystal display TVs across Japan to repeatedly turn on and off every few minutes. The problem, which began at midnight Saturday and involved 118 ...

Mar 28, 2015

Takata sued for $1.9 billion in Canada over faulty air bags

Canadian drivers have launched three class action lawsuits against embattled auto parts supplier Takata over defective air bags linked to at least five fatalities worldwide, lawyers confirmed Friday. The plaintiffs are seeking a total of 2.4 billion ($1.9 billion) Canadian dollars for personal injuries, ...

Mar 27, 2015

South Korea fines Japan's Denso, NGK Spark Plug for price-rigging

South Korea’s Fair Trade Commission said Thursday it had slapped fines totaling 3.5 billion won (about $3.1 million) on five auto parts suppliers, including Japan’s Denso Corp. and NGK Spark Plug Co., for forming a price-fixing cartel. The two Japanese firms, their local units ...