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Sharp Tips Annual Operating Profit After Hon Hai Deal

  • Category:Other
JAPAN TODAY
 
TOKYO — Struggling Japanese electronics maker Sharp said Tuesday it expects to post its first operating profit in three years and narrow its net loss on the back of reforms and its buyout by Taiwan’s Hon Hai.
The Japanese industrial mainstay, pummelled by huge losses and mounting de...

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Foreign Workers Sought For Farming

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THE JAPAN NEWS
 
The government is planning to allow foreign nationals to take jobs on farmland, as long as they work within government-designated strategic special zones, in an effort to address the serious labor shortage in the agricultural sector.
The government deems it necessary for the agri...

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Honda Opts for Tokyo Over Silicon Valley as Home for AI Research Center

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JAPAN TIMES
 
Honda Motor Co. will spearhead its artificial intelligence efforts out of a new lab in Tokyo so researchers can work closely with its engineers to commercialize the technology.
Honda, based in Tokyo, will start the R&D center next year and combine existing AI teams in Silicon Valley...

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Canon Slashes Profit View On Sales Tumble, Strong Yen

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JAPAN TODAY
 
TOKYO — Canon on Wednesday slashed its annual profit forecast, as it warned that a slowdown in emerging economies and a strong yen were taking a bite out of the bottom line.
The camera and copier maker also said that nine-month sales and profit figures tumbled from a year ago.
Janua...

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Sony Affiliate Suffers ¥900 Mil. Damage From Fictitious Orders

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THE JAPAN NEWS
 
TOKYO (Jiji Press) — An executive and four employees at Sony LSI Design Inc. have caused some ¥900 million of damage to the affiliate of Japanese electronics and entertainment giant Sony Corp. by repeatedly placing fictitious orders over some four and a half years through Septemb...

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Most Japanese Firms Unconcerned by Galaxy Note 7 Smartphone Debacle

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JAPAN TIMES
 
The Galaxy Note 7 smartphone debacle might mar Samsung Electronics Co.’s image in the global market, but its impact on Japanese firms and sales is likely to be limited, analysts say.
Even if Samsung experiences a drop in global sales from the fire-prone smartphones, Japanese firms s...

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Nintendo Cuts Full-year Profit Outlook on Wii U Woes

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JAPAN TODAY
 
TOKYO — Nintendo cut its full-year outlook Wednesday blaming disappointing Wii U game sales and a strong yen, but it remained profitable thanks to the sale of the Seattle Mariners baseball team.
The warning came despite the immense global popularity of the Pokemon Go app this summer...

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Apple Pay Service Starts in Japan

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THE JAPAN NEWS
 
TOKYO (Jiji Press) — Apple Pay, Apple Inc.’s mobile payment service, was activated on the U.S. technology firm’s iPhone 7 and iPhone 7 Plus smartphones in Japan on Tuesday.
The service is now available for the Suica, iD and QUICPay electronic money systems, respectively managed b...

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Spin-off Eyed For TEPCO N-business

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THE JAPAN NEWS
 
An expert panel of the Economy, Trade and Industry Ministry, tasked with discussing the reform of Tokyo Electric Power Company Holdings Inc., held its second meeting Tuesday and approved the direction for the utility’s drastic reorganization, which could involve a spin-off of its...

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Japan Space Industry Aims for Growth

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THE JAPAN NEWS
 
Established and emerging Japanese companies are strengthening their businesses related to the space industry.
The development of satellites and space rockets once required large expenditures and advanced technological skills, but lowering production costs have made it easier for ...

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