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South Korea's trade fight threatens serious long-term harm to Japan

Commentary / World Jul 22, 2020

South Korea's trade fight threatens serious long-term harm to Japan

by Brad Glosserman

Businesses in South Korea may someday thank Shinzo Abe for forcing them to develop their own ways to get strategic supplies.

Japanese firms moving production sites to Southeast Asia as coronavirus outbreak disrupts supply chains

Business Feb 11, 2020

Japanese firms moving production sites to Southeast Asia as coronavirus outbreak disrupts supply chains

by Junko Horiuchi

Japan's manufacturers have started moving production out of China because they fear the deadly coronavirus outbreak could prolong plant closures and wreak more havoc on their supply chains. Reallocating production outside of China means a temporary surge in costs and is not an easy decision ...

Toshiba CEO Nobuaki Kurumatani to be given additional title of president in April

Business / Corporate Jan 18, 2020

Toshiba CEO Nobuaki Kurumatani to be given additional title of president in April

by Ayai Tomisawa and Yuki Furukawa

Toshiba Corp. Chief Executive Officer Nobuaki Kurumatani will add the title of president effective April, part of a revamp among top management aimed at speeding up decision-making. Satoshi Tsunakawa, the current president who was promoted in 2016 following an accounting scandal, will resign and become ...

Sony cranking out image sensors round the clock to meet smartphone-fueled demand

Business / Corporate Jan 2, 2020

Sony cranking out image sensors round the clock to meet smartphone-fueled demand

by Yuki Furukawa

Sony Corp. is working around the clock to manufacture its in-demand image sensors, but even a 24-hour operation hasn't been enough. For the second straight year, the company will run its chip factories constantly through the holidays to try and keep up with demand for ...

Toshiba posts ¥145 billion net loss in first half of fiscal year

Business / Corporate Nov 13, 2019

Toshiba posts ¥145 billion net loss in first half of fiscal year

Toshiba Corp. reported a net loss Wednesday of ¥145.15 billion ($1.3 billion) for the April-September period, due in part to taking a loss on the sale of a U.S. liquefied natural gas operation. The company's net loss compares with a profit of ¥1.08 trillion reported ...

Sharp sees net profit fall 33.1% in April-September, attributes decline to weak TV sales

Business / Corporate Nov 1, 2019

Sharp sees net profit fall 33.1% in April-September, attributes decline to weak TV sales

Sharp Corp. said Friday its group net profit in the April-September period fell 33.1 percent from a year earlier to ¥27.40 billion ($254 million), due to weak TV sales in overseas markets. Consolidated operating profit dropped 21.4 percent from a year earlier to ¥36.96 billion ...

Japan Display to receive faster payments from Apple as additional financial support

Business / Corporate Oct 24, 2019

Japan Display to receive faster payments from Apple as additional financial support

Japan Display Inc. said Wednesday it will receive further financial support from Apple Inc. and other clients, as part of efforts to quell concerns over its financing arrangements. The ailing display maker said the U.S. tech giant will speed up payments to Japan Display for ...

Japan Display might crank out next-gen OLEDs at Ishikawa plant, Lee says

Business / Corporate Sep 2, 2019

Japan Display might crank out next-gen OLEDs at Ishikawa plant, Lee says

Japan Display Inc. is exploring the idea of mass producing next-generation organic electroluminescent panels for smartphones at a domestic plant, the CEO of a China-Hong Kong consortium bailing out the troubled Apple Inc. supplier says. Winston Lee, CEO of Suwa Investment Holdings LLC, said making ...

Chinese manufacturers eager to ink OLED panel tie-up with struggling Japan Display

Business / Corporate Aug 23, 2019

Chinese manufacturers eager to ink OLED panel tie-up with struggling Japan Display

Several Chinese manufacturers are interested in tying up with Japan Display Inc. to mass produce next-generation OLED panels for smartphones, a consortium that has agreed to bail out the troubled Apple Inc. supplier says. "As an independent Japanese company with a recognized leading technology, you ...

Japan releases second batch of high-tech material to South Korea, sources say

Business Aug 20, 2019

Japan releases second batch of high-tech material to South Korea, sources say

Japan has approved shipments of the material to South Korea for the second time since imposing tighter export restrictions last month, sources said Tuesday.

Business / Corporate Aug 20, 2019

Bando Densen of Japan expands cable production to Laos amid U.S.-China row

Electric wire maker Bando Densen Co. has set up a cable plant in Laos as part of its "China plus one" strategy, expanding production bases amid the U.S.-China trade row. Bando's Laotian arm, Bando Densen Lao Co., started producing cables for industrial use and home ...

Canon's profit on track to fall by 36%, hit by weak China demand

Business / Corporate Jul 24, 2019

Canon's profit on track to fall by 36%, hit by weak China demand

Canon Inc. said Wednesday its group net profit for this business year is now projected to fall by 36.7 percent from a year earlier, citing weakening demand for cameras in the Chinese market. Canon slashed its group net profit forecast for the year through December ...

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    A medical worker receives a dose of a coronavirus vaccine at the Tokyo Metropolitan Cancer and Infectious Diseases Center Komagome Hospital in the capital on Friday.
  • Fans from overseas likely to be barred from Tokyo Olympics
    Toshiro Muto, CEO of the Tokyo Olympic and Paralympic Organising Committee, speaks during an interview in Tokyo on Friday.
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    People cross a street in Tokyo's Shibuya Ward on Friday.
  • Photo essay: Tsunami survivors call lost loves on the 'phone of the wind'

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  • In wake of Japan disaster, scientists aim for faster and more accurate tsunami warnings

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  • To secure a green future, Japan must reckon with its nuclear past

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