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Taiga Uranaka
BUSINESS
Nov 29, 2005
TBS getting ready to reject Rakuten
A team from Tokyo Broadcasting System Inc. completed its final report on Rakuten Inc.'s merger proposal Monday, and the offer is expected to be formally rejected by management, a senior TBS official said.
BUSINESS
Nov 25, 2005
TBS to visit Rakuten for details of financial condition
A team from Tokyo Broadcasting System Inc. will visit the headquarters of Internet portal operator Rakuten Inc. on Friday to get information on its financial condition, a senior TBS official said.
Japan Times
BUSINESS
Nov 19, 2005
Red ink spurs retreat at Sanyo
Sanyo Electric Co. said Friday it will make drastic cutbacks in its semiconductor, home appliance and audio visual businesses, aiming to become a leaner organization in fewer fields.
BUSINESS
Nov 11, 2005
Softbank rides broadband to 4.4 billion yen operating profit
Softbank Corp. said Thursday it posted its first first-half operating profit in five years, helped by steady growth in its high-speed Internet service.
BUSINESS
Nov 10, 2005
NTT's sales, profits fall on stiffer competition
Nippon Telegraph and Telephone Corp. said Wednesday its group net profit in the April-September period fell 4.0 percent from a year earlier to 330.73 billion, yen hit by the continuing slide in fixed-line voice communications.
BUSINESS
Nov 9, 2005
Tsutaya operator triples net profit to 3.28 billion yen
Culture Convenience Club Co. said its first-half net profit more than tripled to 3.28 billion, yen thanks to strong revenue growth from rental DVD movies.
BUSINESS
Nov 5, 2005
Final TBS answer to come this month
Senior officials of Tokyo Broadcasting System Inc. told Rakuten Inc. on Friday they will present the TV broadcaster's final answer to the online shopping mall operator's merger proposal by the end of the month.
BUSINESS
Nov 3, 2005
Wal-Mart exec named Seiyu CEO
Struggling supermarket operator Seiyu Ltd. on Wednesday named Ed Kolodzieski, chief operating officer of Wal-Mart International, as its next CEO, underlining greater control of the company by the world's largest retailer.
Japan Times
JAPAN
Nov 2, 2005
System glitch shuts down TSE for hours
For the first time in its history, the Tokyo Stock Exchange was forced to suspend all morning trading Tuesday due to what officials said was a computer system malfunction stemming from a trading capacity expansion implemented last month.
BUSINESS
Nov 1, 2005
Electronics firms see mixed results
The stark differences in fortune for major consumer electronics firms have been highlighted in the April-September period results announced so far.
BUSINESS
Nov 1, 2005
Tsutsumi brothers seek Seibu
Two brothers of disgraced Seibu group patriarch Yoshiaki Tsutsumi proposed Monday buying Seibu Railway Co., casting a pall over a group reorganization plan drawn up by the firm's management.
BUSINESS
Oct 29, 2005
Panasonic maker sees solid first half
Matsushita Electric Industrial Co. said Friday it posted a group net profit of 64.41 billion yen for the first half of fiscal 2005, a year-on-year increase of 15 percent.
BUSINESS
Oct 28, 2005
Sony's quarterly net profit slumps amid flat sales, struggling TV unit
Sony Corp. said Thursday that its operating profit rose 52 percent to 65.9 billion yen in the three months through September, boosted by a large windfall generated by a change in its pension scheme.
JAPAN
Oct 27, 2005
Rakuten increases TBS stake to more than 19%
Rakuten Inc. said Wednesday it has raised its stake in Tokyo Broadcasting System Inc. to 19.09 percent, only a tad short of the TV network's 20 percent threshold for triggering a process that could lead to the activation of takeover defense measures.
BUSINESS
Oct 20, 2005
New Daimler chief optimistic on expanding MMC ties
CHIBA -- The incoming head of DaimlerChrysler AG said Wednesday the giant automaker is willing to expand joint projects with Mitsubishi Motors Corp., regardless of what happens to its stake in the ailing Japanese firm.
JAPAN
Oct 19, 2005
Seibu picks Cerberus, Nikko for fresh capital
Seibu Railway Co. said Tuesday it has chosen U.S. investment fund Cerberus Group and Nikko Principal Investments Japan Ltd. as the main providers of fresh capital for the group, which is trying to turn itself around after a series of scandals.
BUSINESS
Oct 18, 2005
Murakami, Tokyo Style reach settlement
Outspoken financier Yoshiaki Murakami said Monday his fund has reached a court-mediated settlement with Tokyo Style Co. after the apparel firm's president, Yoshio Takano, agreed to pay 100 million yen in compensation to his own firm for inflicting damages as a result of investments that turned sour....
BUSINESS
Oct 5, 2005
Tech show morphs into DVD war zone
CHIBA -- An annual technology exhibition that kicked off here Tuesday shows signs of becoming a battleground of sorts for the two next-generation DVD formats threatening to leave consumers with incompatible machines.
JAPAN
Oct 4, 2005
ChuoAoyama board members quit; chairman stays
ChuoAoyama PricewaterhouseCoopers said Monday all 11 of its board members except the chairman have stepped down to take responsibility for the arrest and indictment of its auditors charged with helping Kanebo Ltd.'s massive window-dressing.
BUSINESS
Oct 1, 2005
Wal-Mart takes control
Seiyu Ltd. said Friday that Wal-Mart Stores Inc. of the United States will raise its stake in the retailer from 42 percent to over 50 percent by the end of the year, making it a subsidiary of the U.S. retailing giant.

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