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Seminars on launching startups gain traction

Mar 6, 2015

Seminars on launching startups gain traction

by Supriya Singh

Defying data showing a disappointingly low level of entrepreneurship in Japan, seminars aimed at fostering people who start their own firms are proving popular. The events have drawn attention from government officials, academics and corporate executives eager to spark entrepreneurship as Prime Minister Shinzo ...

FamilyMart, UNY to discuss massive convenience store merger

Mar 6, 2015

FamilyMart, UNY to discuss massive convenience store merger

FamilyMart Co. and Uny Group Holdings Co., which runs Circle K Sunkus stores, will start talks on merging to create Japan’s second-largest convenience store chain operator, according to sources. Combined sales of the third- and fourth-ranked companies in the sector totaled ¥2.62 trillion in ...

Mar 6, 2015

Peach Aviation to launch Naha-Seoul flights in September

Low-cost carrier Peach Aviation Ltd. says it will begin flights linking Naha, Okinawa Prefecture with Seoul on Sept. 4. The seven flights per week aim to capture tourism demand from South Korea. One-way tickets between Naha and Seoul are set to cost between ¥5,980 ...

Sharp mulls ending overseas TV output except for China

Mar 6, 2015

Sharp mulls ending overseas TV output except for China

Sharp Corp. is considering ceasing all overseas production of LCD televisions with the exception of operations in China as it tries to improve the picture for its flickering TV business, sources close to the matter said. The ailing electronics maker has suffered multiple years ...

Mar 6, 2015

Sumitomo to build ¥5 billion thermal power plant in Myanmar

Sumitomo Corp. said Friday it has won an order to construct a thermal power plant in Myanmar. The order from Myanmar Electric Power Enterprise, an affiliate of the Ministry of Electric Power, is worth about ¥5 billion, Sumitomo said. The plant will have two ...

Mar 6, 2015

Major banks in U.S. all pass first phase of stress tests

The 31 largest banks in the United States passed the first phase of regulatory stress tests, the Federal Reserve announced Thursday. But the three leading investment banks Goldman Sachs, JPMorgan Chase and Morgan Stanley were among the worst performers, mainly because of their greater ...

Takeda gains first foreign chief as Weber is appointed CEO

Mar 5, 2015

Takeda gains first foreign chief as Weber is appointed CEO

Takeda Pharmaceutical Co. has named Christophe Weber chief executive officer as part of a planned succession that makes the French national one of the few international executives to lead a Japanese company. Weber, currently the chief operating officer, takes the new position effective April ...