NEWSWORTHY

Sharp plans to halt domestic production of major appliances

/ Aug 3, 2018

Sharp plans to halt domestic production of major appliances

Sharp Corp. plans to pull out from domestic production of major appliances and shift to overseas manufacturing as part of streamlining efforts under Taiwanese parent Hon Hai Precision Industry Co., a source said Friday. With the move, the Osaka Prefecture-based company will draw the curtain ...

Regional bank branches around Japan adopt lunchtime breaks

/ May 1, 2018

Regional bank branches around Japan adopt lunchtime breaks

An increasing number of regional banks have introduced lunchtime breaks in their service hours at branches and other outlets to rationalize their operations. On April 16, Bank of Nagoya introduced a one-hour break starting at 11:30 a.m. at its Kiba branch in Nagoya. Previously, the branch's ...

To pare losses, Japan Display eyes cutting 4,000 jobs

/ Aug 8, 2017

To pare losses, Japan Display eyes cutting 4,000 jobs

Japan Display Inc. is considering slashing around 4,000 jobs, about 30 percent of its total workforce, by streamlining manufacturing lines, mostly overseas, to turn around its struggling business, sources close to the matter said Tuesday. The liquid-crystal display maker, formed in 2012 through a merger ...

/ Apr 24, 2017

Embattled Toshiba planning to spin off four key operations

Toshiba Corp. said Monday it will spin off four key operations, including its infrastructure systems, to keep its shaky financial standing from affecting its healthy businesses. Roughly 24,000 of about 30,000 Toshiba employees are likely to be transferred to the newly established companies, but engineers ...