Oct 17, 2014

Fukushima students win award for film about WWII balloon bombs

A group of junior high school students from Fukushima Prefecture won recognition in a global video contest for making a short film on bombs attached to balloons by the Japanese military during World War II. Ten students from Nakoso First Junior High School in ...

Sep 25, 2014

Panasonic to take 50% stake in Spanish auto parts maker Ficosa

Panasonic Corp. plans to take a roughly 50 percent stake in auto parts maker Ficosa International S.A. of Spain to bolster its development of advanced vehicle safety systems, a source with knowledge of the deal said Thursday. The electronics maker will likely spend tens ...

Sep 17, 2014

Panasonic riding Tesla wave to boost battery business in Europe

Panasonic Corp., the main supplier of lithium-ion battery cells to Tesla Motors Inc., has said that cooperation with the electric-car maker on the construction of a massive U.S. battery plant is likely to boost demand from European automakers. “The development with Tesla is catching ...

Aug 14, 2014

Stagflation stalks 'Abenomics' as pattern sets in

by William Pesek

Maybe it’s time to stop dismissing the risk of stagflation in Japan. I’ve raised this risk a couple of times during the last 12 months as inflation rose without commensurate increases in wages or productivity. But Tuesday’s ugly gross domestic product report suggest it’s ...

Aug 8, 2014

Shame index dumps Sony for Panasonic in first revamp

Sony Corp., which has posted losses in five of the past six years, was rejected in the first reshuffle of Japan’s profit-oriented stock index while Panasonic Corp. made the cut. The government-backed JPX-Nikkei Index 400 added 30 other companies, including Mazda Motor Corp., Daiwa ...

Aug 1, 2014

Panasonic, Tesla to build big U.S. battery plant

American electric carmaker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs. The companies announced the deal Thursday, but they did not say where in the U.S. ...

Jul 31, 2014

Panasonic's revamp efforts continue to pay dividends

Panasonic Corp. said Thursday that its operating profit grew in the April-June quarter on the back of efforts to restructure by shifting focus to industrial markets instead of less profitable consumer products. The electronics giant said group operating profit rose 28.2 percent to ¥82.29 ...

Panasonic on track to finish reforms in '14

Jun 26, 2014

Panasonic on track to finish reforms in '14

The president of Panasonic Corp. said Thursday that the electronics giant’s restructuring will be completed this fiscal year and be used as a springboard for reaching group sales of ¥10 trillion in fiscal 2018. “We will position the current business year as the time ...

Jun 25, 2014

Five Japanese firms among top 10 global green brands

U.S. consulting firm Interbrand said Tuesday that five Japanese companies were among the 10 best global green brands in 2014, recognizing their work on tackling environment problems. Ford Motor Co. took the top spot for its commitment to electric vehicles, ousting Toyota Motor Corp., ...