In a country where family conflict is usually kept under wraps, the boardroom fight at Otsuka Kagu was as titillating as reality TV. The company's 71-year-old founder tried to fire his daughter five years after naming her president of the high-end furniture retailer, which is ...
Shigenobu Nagamori plans to lead Nidec Corp. until he hits his latest financial target, a 10-fold increase in revenue he expects by 2030. He'll be 85 then. One of Japan's rare mergers and acquisitions specialists, Nagamori became a billionaire by cobbling together 41 companies to ...
Japanese companies, long known for being stingy with shareholders, doled out record amounts of cash to investors in the past year. It's just the start of the payouts. Dividends and buybacks soared 76 percent to ¥12.8 trillion in the 12 months ended in March, according ...
Activist investor Daniel Loeb is proving determination can pay off, even in Japan. After failing to win major changes from Sony Corp., he picked an even more unlikely target in Fanuc Corp. It was a surprise then on Monday when the secretive industrial-robot maker agreed ...
Fanuc Corp., one of Japan's most reclusive companies, has spent decades building a wall of secrecy around its ultra-profitable industrial-robotics business. Outsiders are rarely allowed at its complex in Yamanashi Prefecture on the slopes of Mount Fuji, where an army of yellow robots work 24/7 ...
The man who single-handedly made Japan an oasis for bitcoin entrepreneurs was holding court with political supporters. The price of admission: ¥10,000. Squeezed into a tiny private room at a Chinese restaurant in central Tokyo, Mineyuki Fukuda was at the head of the table with ...
It was six minutes after the opening bell on Feb. 4, and dozens of big-name stocks were still untraded in Tokyo. Telecommunications giant SoftBank Corp. was among those that hadn't budged. The offer price fell 5 percent, then more, and still there were no ...
Miho Marui isn't exactly sure how she wound up standing on top of a bus on a blustery Tokyo day in 2009, staring up at the 35-story headquarters of KDDI Corp. There she was, hands trembling, as she shouted up at her bosses through a ...
Japanese stocks and profits are soaring under Prime Minister Shinzo Abe’s push to revive the economy. Even shop prices are up, a key step after years of deflation kept pocketbooks shut tight. None of that matters to Shuzo Matsui.
Nobuyuki Idei once embodied Japan's corporate establishment, the leader of technology giant Sony Corp. Now 75, he's aiming to reinvent himself as a cross between a Silicon Valley venture capitalist and Hollywood mogul. The former Sony CEO describes himself as the "executive producer" behind a ...
