Sharp's plant in Sakai, Osaka Prefecture, is the only remaining production site for LCD TV panels in Japan.
BUSINESS / Companies
May 15, 2024
Sharp to halt LCD plant in Osaka Prefecture by September
The major electronics maker, which continues to bleed red ink, is hoping to prevent a further deterioration of its earnings.
Japan's banks are benefiting from the Bank of Japan's policy shift and strong loan demand among their corporate clients.
BUSINESS / Companies
May 15, 2024
Japan’s biggest banks forecast record profits as rates rise
The banks are benefiting from an earnings boost following the Bank of Japan’s policy shift in March.
Gamers play the "Minecraft" game at E3 2017, one of the biggest events in the gaming industry calendar, in Los Angeles. Since the first version of Minecraft was released to the public 15 years ago, the block-based world-building game has become a global phenomenon. Players of all ages and backgrounds have used the game for everything from educational projects and architecture to building communities and creating artworks.
BUSINESS / Companies
May 15, 2024
Sweden's small game studios punching above their weight
In 2022, the country's game developers had a combined revenue of 32.5 billion kronor ($3 billion).
Visitors line up near a billboard for a Honda electric vehicle at the Beijing International Automotive Exhibition in Beijing in April.
BUSINESS / Companies
May 15, 2024
Honda moves to cut China workforce with voluntary layoffs
Honda's move marks the latest setback for Japan's legacy car brands in China.
Sony Group is missing analyst expectations for sales as demand for its PlayStation 5 hardware wanes.
BUSINESS / Companies
May 15, 2024
Sony sales outlook misses estimates on waning demand for PS5s
Shares in Sony have been under pressure this month amid mounting speculation about the terms of its potential $26 billion bid for Paramount Global.
Tourists and locals stroll along Tokyo's Ginza shopping district where some roads are closed off for pedestrians due to the national holiday on April 29.
BUSINESS / Companies
May 15, 2024
Fortress’s Japan hotel unit doubles pay to fight labor shortage
MyStays Hotel Management is offering monthly salaries of ¥500,000 ($3,210) for new hires into its fast-track program.
Rakuten logged its fifteenth consecutive quarter in the red due to losses at its mobile service network unit.
BUSINESS / Companies
May 14, 2024
Rakuten logs 15th quarter of losses on mobile woes despite record financial unit profit
While its number of mobile subscribers rose to 6.48 million at the end of March, average revenue per user increased only fractionally.

Longform

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