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Bain to Aim for Toshiba Chip Unit IPO as Early as 2020

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Bain Capital’s consortium plans to take Toshiba Corp.’s flash-memory unit public two to three years after closing its ¥2 trillion acquisition of the business, according to people familiar with the matter.
The precise timing of the initial public offering will ...

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Job Availability At Four-decade High, Unemployment Steady in Aug

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's labor market conditions remained tight in August, with job availability at the highest level in over four decades and the unemployment rate steady, government data showed Friday.
The country's job availability remained unchanged from July at 1.52, the highest since F...

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Gov't Expects To Raise Up to Y1.3 Trillion in Japan Post Share Sale

  • Category:Event
JAPAN TODAY
 
TOKYO - The Japanese government said on Monday that it expects to raise more than 1.3 trillion yen ($11.6 billion) by selling off another chunk of the country's massive postal service.
The government will selling 914 million Japan Post shares at 1,322 yen apiece, it said in a regula...

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Toshiba Shares Drop as Battle Over $18 Bil Chip Unit Sale Looms

  • Category:Event
JAPAN TODAY
 
TOKYO - Toshiba shares fell Thursday as it faced a court battle over the $18 billion sale of its prized memory chip business, a deal seen as crucial to the Japanese industrial conglomerate's survival.
The embattled stock fell as much as 5.39 percent in morning trade before ending th...

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eSports in Spotlight at Game Show

  • Category:Event
THE JAPAN NEWS
 
CHIBA (Jiji Press) — Tokyo Game Show 2017 kicked off in the Makuhari Messe convention center in Chiba on Thursday, featuring eSports gaming competition events.
The game show, with a total of 609 exhibitors, is scheduled to be open to the general public on the weekend. Major game ...

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Toshiba Aims to Finalize Deal with Bain at Sept. 20 meeting

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Toshiba Corp. is aiming to finalize a deal to sell its memory chips business to a group led by Bain Capital at a Sept. 20 board meeting, despite opposition from partner Western Digital Corp., according to people familiar with the matter.
Toshiba’s effort faces...

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Toshiba: Japan's Faded Titan Selling The Family Silver

  • Category:Event
JAPAN TODAY
 
TOKYO - At a train station used by hundreds of workers at struggling Japanese electronics giant Toshiba, an advert is apparently trying to poach staff worried by their employer's precarious financial position.
"Do you work for 'that' electronics company? If so, come and work for us!...

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EU Parliament Opposes Bid to Reduce Testing of Fukushima Food Imports

  • Category:Event
JAPAN TODAY
 
STRASBOURG, France - The European Parliament has warned against easing health controls imposed on food products imported from the Fukushima region in Japan in the wake of the nuclear disaster of 2011.
The checks were imposed on food from the area around the Fukushima nuclear plant i...

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Court Orders Japan Post to Close Wage Gap for Contract Workers

  • Category:Event
JAPAN TODAY
 
TOKYO - A Tokyo court ordered Japan Post Co on Thursday to compensate three contract workers who had sued the company for paying them less than full-time employees doing the same work.
The Tokyo District Court awarded the workers some 920,000 yen in total, a small fraction of the ro...

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Japan Aims to Raise Y1.4 Tril in Japan Post Share Sale

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese said Monday it would sell off another chunk of the country's massive postal service in a share sale that could raise up to 1.4 trillion yen.
Tokyo said it would sell up to 990 million shares in Japan Post, or about 22 percent of its outstanding shares, the finance m...

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