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May 02, 2024
 

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ELECTRONICS 3

Japan Times
BUSINESS / Companies
Jun 13, 2017
Damages sought by Toshiba shareholders exceed ¥100 billion
Toshiba Corp. said Tuesday the total amount of damages sought by shareholders for losses incurred from the company's falling stock price due to an accounting scandal has exceeded ¥100 billion.
Japan Times
BUSINESS / Companies / ANALYSIS
Jun 8, 2017
Fate of Toshiba hangs in the balance as TSE delisting threat looms
Toshiba's survival hangs on the ability to make its earnings deadlines, eliminate its negative net worth and show improvement in management.
Japan Times
BUSINESS / Companies
Jun 8, 2017
Toshiba asserts right to sell chip unit, warns Western Digital to quit its 'harassment'
Toshiba fired another legal missive at manufacturing partner Western Digital, warning the U.S. company to stop its "harassment" as the Japanese company tries to sell its flash memory business.
Japan Times
BUSINESS / Companies
Jun 7, 2017
Japan Display mulling capital injection request amid stiff regional competition
Facing stiff competition from South Korean and Chinese rivals, Japan Display is considering drastic restructuring, including asking for a capital injection from an outside investor, sources said Wednesday.
Japan Times
BUSINESS / Companies
Jun 1, 2017
Toshiba retakes 50.1% stake in chip venture to pressure Western Digital
In a move to discourage its U.S. partner from trying to buy its recently spun-off chip unit, Toshiba has taken back a majority stake in a joint venture with the partner, Western Digital, after having transferred the stake to the spun-off unit, sources said.
Japan Times
BUSINESS / Companies
Jun 1, 2017
Panasonic looks to break into top three in Thai refrigerator market
Panasonic is working hard to improve its position in the Thai refrigerator market by launching 12 new locally made models.
Japan Times
BUSINESS / Companies
May 30, 2017
Panasonic eyes return to growth track in fiscal 2017
Panasonic on Tuesday laid out its business strategy for fiscal 2017, seeking to return to a growth track by shoring up its home appliance and solutions businesses while pumping cash into high-potential automotive parts.
Japan Times
BUSINESS / Companies
May 25, 2017
Sendai-based upstart taking on big Osaka appliance makers
Iris Ohyama, based in Sendai, is taking on Osaka Prefecture's more established home appliance makers, including Panasonic and Sharp, in the battle for consumers' hearts and wallets.
Japan Times
BUSINESS / Companies
May 15, 2017
Toshiba's U.S. partner Western Digital seeks right to block sale of flash memory business
Western Digital Corp. announces it is seeking international arbitration over Toshiba Corp.'s plan to sell its flash memory business.
Japan Times
BUSINESS / Companies
May 12, 2017
Panasonic's fiscal 2016 net profit falls 9.6% on yen, weak solar business
Panasonic said Thursday its net profit fell 9.6 percent in the fiscal year that ended in March, as its solar energy business struggled and a stronger yen pushed down overseas earnings.
BUSINESS / Companies
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.
Japan Times
BUSINESS / Companies
Apr 11, 2017
Toshiba submits unaudited results, raises questions about ability to survive as a company
Embattled Toshiba Corp. said Tuesday its grave financial situation puts it at risk of not being able to survive as a company.
Japan Times
BUSINESS / Companies
Apr 10, 2017
Renesas may issue shares to fund war chest ahead of any buying spree: CEO
Automotive chip-maker Renesas Electronics Corp. is hungry for more acquisitions amid a wave of mega-mergers in the industry and may need to issue equity shares sometime in the future to build its war chest, Bunsei Kure, its CEO, said Monday.
BUSINESS / Companies
Apr 6, 2017
Sharp to boost workforce at key Kameyema plant in July
Sharp Corp. plans to nearly double the number of employees at its mainstay Kameyema factory in Mie Prefecture that makes camera parts for smartphones, a senior company official said Thursday.
Japan Times
BUSINESS / Companies
Mar 23, 2017
Toshiba says Westinghouse board to decide on bankruptcy
Toshiba Corp. said the board of its nuclear unit Westinghouse will decide whether to file for bankruptcy, suggesting that is one option under consideration as it struggles with billions of dollars in liabilities from cost overruns on nuclear construction projects.
Japan Times
JAPAN / NATIONAL SPOTLIGHT
Mar 19, 2017
Shareholders, former employees watch as Toshiba's fortunes fall
Shareholders, former workers brace for impact as ailing 142-year-old electronics conglomerate appears bound for crisis.
BUSINESS / Companies
Feb 21, 2017
Toshiba seeking at least ¥1 trillion from chip unit sale
Toshiba Corp. is looking to raise at least ¥1 trillion ($8.8 billion) from the sale of its memory chip business and will aim to complete the transaction by March 2018, according to a source familiar with the matter.
BUSINESS / Companies
Feb 20, 2017
Apple's upcoming iPhone release keeping Foxconn unit vibrant
Growing optimism about the next iPhone has propelled Apple Inc. to record highs. Halfway around the globe, a lesser-known Taiwanese company is riding that same wave of euphoria.
BUSINESS / Companies
Feb 17, 2017
Sharp lifts profit guidance for fiscal 2016
Sharp Corp. on Friday upgraded its earnings outlook for the year through March on a decline in sales-related costs, forecasting a group operating profit of ¥47.4 billion ($418 million).
Japan Times
BUSINESS / Companies
Feb 8, 2017
Sharp reveals massive U.S. investment plan prior to Abe-Trump summit
Sharp is considering a plan to build a U.S. liquid crystal display panel plant to show its commitment to contributing to the U.S. economy ahead of Abe and Trump's summit in Washington.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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