Tag - incj

 
 

INCJ

Japanese state-backed fund INCJ has sold all but a token portion of its stake in semiconductor manufacturer Renesas Electronics.
BUSINESS / Companies
Nov 10, 2023
Japan fund INCJ sells ¥279 billion of Renesas shares
The shares have primarily been sold to overseas institutional investors, INCJ said.
Japan Times
BUSINESS / Companies
Jun 3, 2018
State-backed INCJ, DBJ to start investment talks on Toshiba Memory
Two government-backed bodies plan to start talks this month to invest in Toshiba Memory Corp., which Toshiba Corp. has sold to a consortium led by U.S. investment fund Bain Capital, informed sources said.
Japan Times
BUSINESS / Companies
May 19, 2017
Broadcom, KKR said to be leading bidders for Toshiba's memory chip unit
Broadcom and a group led by KKR are the two leading bidders for Toshiba's highly valued semiconductor unit, sources say.
BUSINESS / Companies
Nov 25, 2016
Japan Display said close to securing ¥100 billion bailout
Japan Display Inc. may issue preferred shares to raise as much as ¥100 billion from a government-backed fund, people familiar with the matter said, a deal that amounts to a bailout of the struggling display maker.
Japan Times
BUSINESS / Companies
Aug 9, 2016
Japan Display to receive full financial support from government fund
Japan Display Inc. said it has received a promise from a government-backed fund for financial support, with the maker of smartphone displays facing a sales slump.
Japan Times
BUSINESS / Companies
May 24, 2016
Robotic-hand maker Squse said to consider IPO in Japan next year
Squse Inc., a maker of robotic hands that can handle food, plans an initial public offering in Tokyo as early as next year to fund overseas expansion, according to people with knowledge of the matter.
Japan Times
JAPAN / Science & Health
Mar 1, 2016
Company aiming to clear space junk wins funding
A company that aims to clean junk from space has secured up to $30 million (¥3.39 billion) in public-private funding and plans to launch the world's first debris-mapping satellite later this year.
BUSINESS / Companies
Feb 18, 2016
Sharp considering excluding Foxconn backers from vote
Sharp Corp.'s lawyers are recommending that two board members be excluded from a final vote on competing bailout plans, possibly tipping the balance in favor of a proposal from Innovation Network Corp. of Japan, people with knowledge of the matter said.
Japan Times
BUSINESS / Companies
Feb 11, 2016
INCJ sticks by rescue plan for Sharp as Foxconn talks continue
Japan's Innovation Network Corp. is confident Sharp Corp. will see its rescue plan as superior to a competing bid even as the struggling electronics maker enters talks with Taiwan's Foxconn Technology Group.
Japan Times
BUSINESS / Companies
Feb 9, 2016
INCJ said to argue its ¥1 trillion bid for Sharp tops Foxconn's
Innovation Network Corp. of Japan is making the case to Sharp Corp. that its rescue proposal for the electronics maker is worth more than an offer from Taiwan's Hon Hai Precision Industry Co., a sign the government fund is determined to keep fighting for victory in the takeover battle.
BUSINESS / Companies
Feb 4, 2016
Foxconn's Gou said to plan appeal on Sharp deal tomorrow
Foxconn Technology Group Chairman Terry Gou plans to travel to Sharp Corp. headquarters in Osaka to meet with management Friday and press his case for a proposed bailout of the Japanese consumer electronics company, according to a person familiar with the matter.
Japan Times
BUSINESS / Companies
Feb 4, 2016
Sharp still talking with both Foxconn, INCJ on bailout, president says
Sharp Corp. says it will decide on the ¥600 billion rescue plan from Taiwan's Hon Hai Precision Industry Co. or the ¥300 billion plan by Innovation Network of Japan in a month.
BUSINESS / Companies
Mar 25, 2014
Japan Display earns big return for INCJ despite IPO flop
Look beyond the messy initial public offering of Japan Display Inc. and there's a surprising tale in the numbers: The government helped combine three struggling businesses, restructure them to turn the combined entity profitable — and made money in the process.

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