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April 26, 2024
 

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FLASH

Japan Times
WORLD
Oct 26, 2018
At least 18, mostly children, killed in Jordan flash flood near Dead Sea
At least 18 people, mainly schoolchildren and teachers, were killed on Thursday by a flash flood during a school outing near Jordan's Dead Sea in one of the worst disasters in the kingdom in years, rescuers and hospital workers said.
Japan Times
BUSINESS / Companies
May 15, 2018
Toshiba books first net profit in four years
The firm said it improved its balance sheet by recording u00a5783.1 billion in shareholders' equity at the end of March, staving off a risk of being delisted.
Japan Times
BUSINESS / Companies
Apr 23, 2018
Toshiba weighs chip-unit options as Chinese regulators look set to delay sale to Bain beyond deadline
Toshiba Corp. is all but guaranteed to miss a May 1 deadline to sell its memory chip business to a Bain Capital-led group, people familiar with the matter said, raising the chances it may consider other options that could yield billions of additional dollars for the unit.
Japan Times
BUSINESS / ANALYSIS
Jan 15, 2018
End of a chip boom? Memory chip price drop spooks investors
After a blistering year-and-a-half long surge, a sudden drop in some memory chip prices followed by Samsung Electronics Co.'s disappointing profit estimate is causing jitters among investors who had bet the chip boom would last at least another year.
Japan Times
BUSINESS / Companies
Dec 21, 2017
Toshiba to invest ¥7 billion to obtain land in Iwate Prefecture for new flash memory plant
Toshiba Corp. said Thursday it will invest some ¥7 billion ($61.7 million) in the current fiscal year to procure and prepare land in Iwate Prefecture to build a new flash memory plant amid rising demand.
Japan Times
JAPAN / Media / BIG IN JAPAN
Dec 16, 2017
Showa's not giving up without a fight
The government has decided that the 31st year of Heisei will end with the abdication of Emperor Akihito 120 days into 2019, on April 30. Then on May 1, Crown Prince Naruhito will become emperor and a new nengō (name of the period of reign) will be announced.
Japan Times
JAPAN / Media / BIG IN JAPAN
Nov 18, 2017
Zama murders prompt awareness of youth issues
Readers who may be contemplating homicide should be aware that concealing evidence of your crime — referred to in the language of jurisprudence as corpus delicti — is next to impossible.
BUSINESS / Companies
Nov 9, 2017
Toshiba rides memory chip unit to 28-year high in operating profit
The electronics giant posts a half-year operating profit that topped a 28-year high, driven by performance from its memory chip business.
Japan Times
JAPAN / Media / BIG IN JAPAN
Nov 4, 2017
Fatal road-rage cases highlight Japan's rise in aggressive driving
Whatever you call it, road rage can be deadly.
Japan Times
BUSINESS / Companies
Oct 24, 2017
Bain says Western Digital legal protest threatens Toshiba joint venture
The Bain Capital-led consortium that's buying Toshiba Corp.'s chip unit warned Western Digital Corp. to give up attempts to overturn the deal and settle its legal claims if it wants the relationship to continue.
Japan Times
BUSINESS / Companies
Oct 24, 2017
Toshiba gains shareholder approval for crucial chip unit sale
Toshiba Corp. secured shareholder approval Tuesday for the sale of its chip unit to a Japanese-U.S.-South Korean consortium but kept mum about what alternatives to take if it fails to complete the deal before the end-of-March deadline to clear its excessive debt.
BUSINESS / Companies
Oct 23, 2017
Toshiba forecasts ¥110 billion annual loss from tax impact of chip unit sale to Bain consortium
Toshiba Corp. forecast an annual net loss of ¥110 billion ($968 million) after calculating the tax impact of selling its memory chip division to a group led by Bain Capital.
Japan Times
BUSINESS / Companies
Oct 17, 2017
Toshiba Memory to create 5,000 new jobs in Japan, Bain executive says
Toshiba Corp.'s semiconductor-making subsidiary will create up to 5,000 jobs in Japan after its planned sale to a consortium led by Bain Capital, an executive at the U.S. investment fund said Tuesday.
Japan Times
BUSINESS / Companies
Oct 2, 2017
Western Digital's battle for Toshiba: A tale of threats and culture clashes
Steve Milligan was ready to declare victory. A statement was drafted and a photographer was getting lined up for a handshake ceremony planned in Tokyo. As the brash Silicon Valley executive prepared to announce the biggest deal of his career, a prominent Japanese newspaper was reporting his consortium had clinched an agreement to buy Toshiba Corp.'s semiconductor unit, the country's last big chip business.
Japan Times
BUSINESS / Companies
Sep 21, 2017
Western Digital takes fresh legal action against Toshiba after latest chip unit bid rebuffed
Western Digital Corp. said Wednesday it has taken legal steps against Toshiba Corp.'s investment in a new production site at their joint-venture chip plant, just hours after the Japanese firm rejected the California-based company's bid to acquire its semiconductor unit.
BUSINESS / Companies
Sep 15, 2017
Bain names heavyweights Apple, Dell, Seagate as new partners in Toshiba chip bid team
Bain Capital has brought in Apple Inc., Dell Inc. and other technology heavyweights into a consortium seeking to buy Toshiba Corp.'s prized semiconductor unit, the U.S. investment fund said Friday.
Japan Times
BUSINESS / Companies
Sep 13, 2017
Toshiba signs memorandum to favor Bain consortium for chip unit sale
Struggling Toshiba Corp. signs a memorandum of understanding with a consortium led by Bain Capital to accelerate negotiations to sell its flash memory business by the end of September.
Japan Times
BUSINESS / Companies
Sep 8, 2017
Apple mulls ¥50 billion investment in Toshiba chip unit
Apple Inc. is considering joining a Western Digital Corp. bid for Toshiba Corp.'s chip unit and investing around ¥50 billion ($460 million), sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Sep 7, 2017
Western Digital seeks future voting stake of 16% in Toshiba Memory
Western Digital Corp. is planning to take just under 16 percent of the voting rights in Toshiba Corp.'s chip unit after it goes public in the future, sources close to the matter said Thursday.
Japan Times
BUSINESS / Companies
Sep 6, 2017
Western Digital asks Apple to join bid for Toshiba chip unit
Western Digital Corp. is asking Apple Inc. to join its bid for Toshiba Corp.'s chip unit in apparent effort to raise more cash for the purchase, sources say.
'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.
Over 40% of Japan's municipalities at risk of vanishing, study finds
Of 1,729 local municipalities nationwide, 744 have been identified as being at risk of disappearing.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

SUSTAINABLE JAPAN

Vol. 34: Tokyo, a vanguard city for sustainability
Vol. 34: Tokyo, a vanguard city for sustainability

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