Business Topics

Sharp to move headquarters to Sakai plant operated with Hon Hai

May 4, 2016

Sharp to move headquarters to Sakai plant operated with Hon Hai

Sharp Corp. is considering moving its headquarters to a plant in Osaka Prefecture, jointly operated with Taiwan’s Hon Hai Precision Industry Co., which has agreed to take over the struggling electronics maker, sources close to the matter said Wednesday. The envisaged relocation within the ...

May 3, 2016

NTT Docomo to tap VP Yoshizawa as new president

Mobile carrier NTT Docomo Inc. will look to rejuvenate its leadership team by appointing Senior Executive Vice President Kazuhiro Yoshizawa as new president and the successor to current Chief Executive Officer Kaoru Kato, company sources said Tuesday. Yoshizawa, 60, joined Docomo’s predecessor in 1992 ...

May 2, 2016

Takata to log extra ¥20 billion loss over air bag recalls

Takata Corp. said Monday it will book an additional special loss of around ¥20 billion ($188 million) for the year ended March due to costs related to the global recall of its potentially lethal air bag inflators. Automakers are recalling 60 million cars because ...

May 2, 2016

Mitsubishi Motors drags on Nissan as minicar sales fall 51%

Mitsubishi Motors Corp.’s fuel economy testing fraud has hit its partner Nissan Motor Co. in domestic showrooms, with the latter automaker posting a steeper plunge in April minicar sales and overall market share. Nissan’s minicar deliveries tumbled 51 percent last month, as the nation’s ...

Mitsubishi Motors eyeing pay cut for 1,300 minivehicle workers

May 2, 2016

Mitsubishi Motors eyeing pay cut for 1,300 minivehicle workers

Mitsubishi Motors Corp. officials are in talks with its labor union on a plan to cut wages for some 1,300 employees in charge of minivehicle production at its key plant in Okayama Prefecture, according to sources familiar with the situation. Following revelations of data ...

App to let men test sperm count at home

May 1, 2016

App to let men test sperm count at home

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Infertility is a growing concern in rapidly depopulating Japan. But it is often seen as a women’s problem, even though both sexes can be to blame. A Tokyo company is trying to change that by marketing a kit that allows men to check their ...