Feb 10, 2016

Former world's richest man Tsutsumi settles suit with Seibu

Hotel and train operator Seibu Holdings Inc. settled legal claims by its units against ex-chairman Yoshiaki Tsutsumi and four former managers over damages related to the falsification of shareholder records that led to the company’s delisting a decade ago. The company will book a ...

Feb 10, 2016

Rare metal deposits found within Japanese waters

Two Japanese institutes said Tuesday they have found cobalt-rich crusts containing rare metals and rare earths near the remote Pacific island of Minamitorishima, within Japan’s exclusive economic zone. The valuable minerals lie at a depth of more than 5,500 meters. It is the first ...

Feb 10, 2016

Tepco finishes installing Fukushima ice shield equipment

Tokyo Electric Power Co. said Tuesday it has finished installing equipment to freeze the ground around four reactors at its Fukushima No. 1 nuclear power plant, a project that aims to reduce the flow of groundwater into the site. Frozen soil would act as ...