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April 19, 2024
 

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INCJ

Japanese state-backed fund INCJ has sold all but a token portion of its stake in semiconductor manufacturer Renesas Electronics.
BUSINESS / Companies
Nov 10, 2023
Japan fund INCJ sells ¥279 billion of Renesas shares
The shares have primarily been sold to overseas institutional investors, INCJ said.
BUSINESS / Companies
May 31, 2019
Japan Display hopes to secure financial aid from China-Taiwan group in June
Japan Display Inc. said Thursday it will secure a capital injection from a Chinese-Taiwanese consortium next month.
Japan Times
BUSINESS / Companies
Apr 13, 2019
Japan Display inks deal for ¥80 billion bailout by Chinese and Taiwanese firms
Japan Display Inc. has signed a deal to receive an ¥80 billion ($715 million) capital injection from a group of Chinese and Taiwanese firms, leaving its revival, initially planned under a Japanese government-backed fund, in the hands of foreign companies.
Japan Times
BUSINESS / Companies
Apr 4, 2019
LCD maker Japan Display reaches bailout deal with China-Taiwan consortium
Display panel maker Japan Display Inc. has reached a broad agreement to receive a capital injection of ¥60 billion ($538 million) to ¥80 billion from a Chinese-Taiwanese consortium, a source close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
Apr 1, 2019
LCD maker Japan Display, a key Apple supplier, plans ¥110 billion bailout deal this week
Display panel maker Japan Display Inc., a key supplier of Apple Inc., said Monday it is aiming to agree this week on a bailout of more than ¥110 billion ($989 million) from a group of Chinese and Taiwanese companies and an investment fund backed by the Japanese government.
Japan Times
BUSINESS
Dec 29, 2018
Exit of all nine executives from Japan's largest public-private investment fund confirmed after pay row
Nine private-sector executives from the Japan Investment Corp. quit after the government deemed their remuneration package was too high.
Japan Times
BUSINESS / Companies
Jun 3, 2018
State-backed INCJ, DBJ to start investment talks on Toshiba Memory
Two government-backed bodies plan to start talks this month to invest in Toshiba Memory Corp., which Toshiba Corp. has sold to a consortium led by U.S. investment fund Bain Capital, informed sources said.
BUSINESS
Dec 8, 2017
INCJ looks to become holding company in bid to boost investment in startups
The state-backed Innovation Network Corporation of Japan investment fund will turn itself into a holding company to strengthen governance and boost investment in promising startup firms, a draft plan showed Thursday.
Japan Times
BUSINESS / Companies
Jul 7, 2017
Konica Minolta, INCJ to acquire U.S. genetic testing firm in a deal of up to $1 billion
Konica Minolta Inc. said Thursday that it will partner with Innovation Network Corp. of Japan to buy the U.S. genetic testing firm Ambry Genetics Corp. for up to $1 billion.
Japan Times
BUSINESS / Companies
May 19, 2017
Broadcom, KKR said to be leading bidders for Toshiba's memory chip unit
Broadcom and a group led by KKR are the two leading bidders for Toshiba's highly valued semiconductor unit, sources say.
Japan Times
BUSINESS / Companies
Apr 19, 2017
Sharp mulls jointly investing in Toshiba chip unit with Hon Hai
Sharp Corp. is considering a joint bid with parent company, Hon Hai Precision Industry Co., to invest in embattled Toshiba Corp.'s memory chip business, a Sharp executive said Wednesday.
Japan Times
BUSINESS / Companies
Apr 19, 2017
Toshiba seen looking to spin off infrastructure, other key operations, workers
Toshiba Corp. is considering spinning off more key operations such as infrastructure systems to keep its shaky financial standing from affecting its healthy businesses, people familiar with the matter said Tuesday.
Japan Times
BUSINESS / Companies
Mar 17, 2017
Japan may inject public money to turn around Toshiba: sources
A consortium including the state-backed Innovation Network Corp. of Japan and the Development Bank of Japan is mulling investing in Toshiba Corp.'s memory chip business, sources said.
BUSINESS / Companies
Nov 25, 2016
Japan Display said close to securing ¥100 billion bailout
Japan Display Inc. may issue preferred shares to raise as much as ¥100 billion from a government-backed fund, people familiar with the matter said, a deal that amounts to a bailout of the struggling display maker.
BUSINESS / Companies
Nov 10, 2016
Japan Display to ax over 4,700 after April-September losses surged
Japan Display Inc. said Wednesday it will cut more than 4,700 jobs, or 30 percent of its total workforce, as it logged a bigger group net loss in the first half through September.
Japan Times
BUSINESS / Companies
Aug 9, 2016
Japan Display to receive full financial support from government fund
Japan Display Inc. said it has received a promise from a government-backed fund for financial support, with the maker of smartphone displays facing a sales slump.
Japan Times
BUSINESS / Companies
May 24, 2016
Robotic-hand maker Squse said to consider IPO in Japan next year
Squse Inc., a maker of robotic hands that can handle food, plans an initial public offering in Tokyo as early as next year to fund overseas expansion, according to people with knowledge of the matter.
Japan Times
JAPAN / Science & Health
Mar 1, 2016
Company aiming to clear space junk wins funding
A company that aims to clean junk from space has secured up to $30 million (¥3.39 billion) in public-private funding and plans to launch the world's first debris-mapping satellite later this year.
Japan Times
BUSINESS / Companies
Feb 19, 2016
Japan's state-fund chief confident of turnaround offer for struggling Sharp
The head of Japan's state-backed corporate turnaround fund said Friday its proposal to help Sharp Corp. compares favorably with a rival offer from a Taiwanese company.
BUSINESS / Companies
Feb 18, 2016
Sharp considering excluding Foxconn backers from vote
Sharp Corp.'s lawyers are recommending that two board members be excluded from a final vote on competing bailout plans, possibly tipping the balance in favor of a proposal from Innovation Network Corp. of Japan, people with knowledge of the matter said.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
Why hasn't Japan moved to prop up the weak yen?
Finance Minister Shunichi Suzuki speaks to reporters in Tokyo on Tuesday.
Snake on a train: Discovery of serpent delays Tokyo-Nagoya shinkansen
A Tokaido shinkansen. It is unclear whether the snake was venomous or how it ended up on the train, and there was no injury or panic among passengers.
Sex differences could be key to the successful treatment of long COVID
A new study has found that women with long COVID had significantly lower levels of testosterone compared to those who had recovered from their infection.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

Podcast

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[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on
By Lance Henderstein

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