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September 18, 2024
 

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RESTRUCTURING

Japan Times
BUSINESS / Companies / FOCUS
Nov 9, 2018
How investing in American LNG boom backfired on Toshiba
Buy high, sell low and guarantee a loss. It's not exactly what Toshiba Corp. planned when it dipped its toes in liquefied natural gas trading.
Japan Times
BUSINESS / Companies
Sep 3, 2018
China's HNA Group slims down after asset sales but debt concerns remain
Though HNA Group Co. has managed to reduce one of China's biggest debt piles by selling off dozens of assets, the embattled Chinese conglomerate will probably need to get much slimmer before regaining the trust of investors.
Japan Times
BUSINESS / Companies
Aug 3, 2018
Sharp plans to halt domestic production of major appliances
Sharp Corp. plans to pull out from domestic production of major appliances and shift to overseas manufacturing as part of streamlining efforts under Taiwanese parent Hon Hai Precision Industry Co., a source said Friday.
Japan Times
JAPAN / EXPLAINER
Feb 12, 2018
Japan's staff-heavy banks downsize and turn to technology for survival
These are tough times for banks.
Japan Times
BUSINESS
Nov 6, 2017
Japan's regional banks, facing demographic challenges, turn to deal-making for revenue
The grim outlook for smaller regional banks, who are suffering as the rural population shrinks rapidly, is prompting some to dive into a new, potentially lucrative line of business that until now was largely taboo: mergers and acquisitions.
BUSINESS / Companies
Nov 2, 2017
Nomura expected to shut London proprietary trading unit and lose four top managers: sources
Having struggled recently to make money from overseas trading, Nomura Holdings Inc. will shut a loss-making proprietary unit in London and four of the group's top managers may leave, according to people with knowledge of the matter.
Japan Times
BUSINESS / Companies
Apr 11, 2017
Toshiba submits unaudited results, raises questions about ability to survive as a company
Embattled Toshiba Corp. said Tuesday its grave financial situation puts it at risk of not being able to survive as a company.
Japan Times
BUSINESS / Companies
Mar 23, 2017
Toshiba says Westinghouse board to decide on bankruptcy
Toshiba Corp. said the board of its nuclear unit Westinghouse will decide whether to file for bankruptcy, suggesting that is one option under consideration as it struggles with billions of dollars in liabilities from cost overruns on nuclear construction projects.
Japan Times
JAPAN / NATIONAL SPOTLIGHT
Mar 19, 2017
Toshiba turnaround hopes, planned sale of Westinghouse find skeptics
Toshiba Corp. has been forced to sell off a number of its businesses as it continues to lose money since its accounting scandal broke in 2015, and is now burdened with its troubled U.S. nuclear unit Westinghouse Electric Co.
BUSINESS / Companies
Feb 21, 2017
Toshiba seeking at least ¥1 trillion from chip unit sale
Toshiba Corp. is looking to raise at least ¥1 trillion ($8.8 billion) from the sale of its memory chip business and will aim to complete the transaction by March 2018, according to a source familiar with the matter.
Japan Times
BUSINESS / Companies / FOCUS
Feb 17, 2017
Toshiba memory-chip unit is alluring target but not an easy sell
Toshiba Corp., seeking to make up for a huge write-down in its nuclear-equipment unit, finally took the drastic step of putting its crown jewel — its chip business — up for sale. Finding a buyer might prove to be even more difficult.
Japan Times
BUSINESS / Companies
Dec 9, 2016
Troubled Takata to exit posh Roppongi digs, move HQ to cheaper waterfront redevelopment district
Takata Corp. will move its head office from a posh building in an upscale Tokyo district to a redeveloped area to cut costs, as the troubled air-bag maker fights to survive the biggest recall in the auto industry's history.
BUSINESS / Companies
May 13, 2016
Sharp's 'subpar' performance prompts Hon Hai to warn of job cuts but vow to reward dedicated ranks
Terry Gou warns his newly acquired employees of job cuts while promising to reward those who commit to rebuilding.
Japan's elderly population grows to record 36.25 million
The proportion of people aged 65 and over has risen since the 1950s and is expected to hit 34.8% by 2040, when the second baby boomers (born 1971-1974) will join that group.
'Shogun' becomes first non-English-language winner of best drama Emmy
Japanese actress Anna Sawai, winner of the outstanding lead actress in a drama series award for "Shogun," and Japanese actor Hiroyuki Sanada, winner of the outstanding lead actor in a drama series award for the show, pose in the press room during the 76th Emmy Awards in Los Angeles on Sunday.
Japan jumps to No. 2, from sixth place, in Best Countries index
Pedestrians cross an intersection in the Shibuya district of Tokyo. Japan has experienced a postpandemic travel boom, with tourists pouring back in after restrictions closed the country’s borders to travelers.
South Korea is facing deepfake porn crisis
Activists hold up symbolic eye masks during a protest against deepfake porn in Seoul on Aug. 30.
Second assassination attempt on Trump is latest jolt in chaotic campaign
U.S. Secret Service and Homeland Security agents check a former home of a Ryan Routh, a suspect in an alleged assassination attempt on former U.S. President Donald Trump, in Greensboro, North Carolina, on Sunday.
‘Shogun’ and the painstaking art of ‘getting it right’
Hiroyuki Sanada and the cast and crew of "Shogun" accept the award for best drama series at the 76th Primetime Emmy Awards in Los Angeles, California.
Japan’s schools battle to keep kids cool, with or without AC
Students sit under a misting system during recess at Hikarigaoka Haru no Kaze Elementary School in Nerima Ward, Tokyo, on Sept. 6.
Chris Broad's new bar puts cocktails first, YouTube second
A self-proclaimed lover of great cocktails, YouTuber Chris Broad says his new Shibuya watering hole is more a place to get yourself a solid drink than it is anything related to his social media career.
In LDP presidential poll, three kingmakers hold all the cards
Prime Minister Fumio Kishida speaks at the Liberal Democratic Party headquarters in Tokyo in January as former Prime Minister Yoshihide Suga (left) looks on.
How China’s dominance of solar and batteries is impacting Japan’s energy transition
Solar panels and wind turbines at a power plant in Hami in China's Xinjiang region. The U.S. and other countries have described China’s actions against Uyghurs in the Xinjiang region, a key cog in the cleantech supply chain, as a genocidal campaign aimed at erasing an entire culture.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

A store clerk tries to cool things down in front of their shop by spraying a hose.
Is extreme weather changing the way Japan shops?
By Alex K.T. Martin

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