Edition:
United Kingdom

Makiko Yamazaki

Toshiba reports strong profits, to buy out 3 listed businesses

13 Nov 2019

TOKYO Toshiba Corp on Wednesday reported its highest quarterly profit in two years and said it will buy out three of its listed subsidiaries as the industrial conglomerate moves on from accounting scandals and a management crisis.

Xerox exits Fujifilm venture with $2.3 billion stake sale to Japan partner

05 Nov 2019

TOKYO Xerox Holdings Corp will sell its 25% stake in Fuji Xerox, its joint venture with Fujifilm Holdings , for $2.3 billion (£1.8 billion), after investor activism scuppered a deal involving the two companies.

Japan's Sharp beats second-quarter profit expectations on laptop business

01 Nov 2019

TOKYO Japan's Sharp Corp , an Apple supplier, posted a profit that beat expectations and was its first rise in five quarters, driven by the strength in the laptop business it bought from Toshiba .

Japan's Panasonic profit drops on trade war, Tesla battery business in red

31 Oct 2019

TOKYO Panasonic Corp on Thursday reported a 12% drop in its second-quarter operating profit, hurt by the ongoing Sino-U.S. trade war and its battery business with Tesla Inc staying in the red.

Sony in record second quarter profit, image sensor demand offsets slide in gaming earnings

30 Oct 2019

TOKYO Sony Corp on Wednesday said operating profit jumped 16% in its strongest-ever result for a second quarter, as robust sales of image sensors offset a tumble in earnings from its gaming division.

Apple offers Japan Display more support with shorter payment periods: source

23 Oct 2019

TOKYO Apple Inc will further help out Japan Display Inc by shortening payment periods, a source familiar with the matter said, as the panel supplier seeks to stabilize its finances.

Four dead, 17 missing as fierce typhoon pounds Tokyo

13 Oct 2019

TOKYO, Oct 13 Four people were killed and 17 were missing after the most powerful typhoon to hit Japan in decades paralysed Tokyo, flooding rivers and putting millions under evacuation warning before it plowed up the northeastern coast.

Fierce typhoon hits northern Japan after paralysing Tokyo

12 Oct 2019

TOKYO The most powerful typhoon to hit Tokyo in decades plowed into northern Japan early on Sunday after fierce rain and wind paralysed the capital, led to four deaths, millions under evacuation warnings, rivers flooded and normally busy streets deserted. | Video

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