Your Reuters correspondent in Tokyo. Previously in Helsinki.

Sony CEO faces attack from activist 'old boys': Sources

torontosun.com — A group of former top Sony Corp executives has delivered an unusually blunt critique to the firm's chief executive Kazuo Hirai, accusing him of losing sight of innovation by focusing on cost-cutting.

Sony's CEO is being shredded by the company's 'old boys'

businessinsider.com — TOKYO (Reuters) - A group of former top Sony Corp executives has delivered an unusually blunt critique to the firm's chief executive Kazuo Hirai, accusing him of losing sight of innovation by focusing on cost-cutting.

Sony's Hirai faces attack from activist "old boys" -sources

reuters.com — At a meeting at Sony's Tokyo headquarters last Thursday, five former executives, including PlayStation creator Ken Kutaragi, took Hirai to task for failing to encourage the kind of creativity that helped produce iconic gadgets such as the Walkman, according to three people familiar with the meeting.

Sony's Hirai faces attack from activist 'old boys': sources

reuters.com — At a meeting at Sony's Tokyo headquarters last Thursday, five former executives, including PlayStation creator Ken Kutaragi, took Hirai to task for failing to encourage the kind of creativity that helped produce iconic gadgets such as the Walkman, according to three people familiar with the meeting.

Sharp clinches $2.1B rescue, promises cuts: source

torontosun.com — Japan's Sharp Corp clinched a $2.1 billion bailout deal from its banks in return for a promise to cut 5,000 jobs and split off its ailing smartphone display unit, a person familiar with the deal said on Thursday.

UPDATE 1-Japan's Panasonic says ready for $8.4 bln M&A spree as profit jumps

reuters.com — Eyes 200 bln yen M&A spending in FY starting in April * Sees next FY operating profit up 25 pct to 430 bln yen * Focus on auto, home appliance technology bolstering profit (Recasts lede with M&A plans, adds CEO comments) By Ritsuko Ando TOKYO, March 26 (Reuters) - Japanese electronics supplier Panasonic Corp said it was ready to spend 1 trillion yen ($8.4 billion) on acquisitions over the next four years, emboldened by a stronger profit outlook for its automotive and housing technology businesses.

'Friendly' activist wins Japan's trust as hostile funds struggle

reuters.com — Invested in Roland for 7 years before joint deal * Few foreign activist investors succeed with aggressive moves By Ritsuko Ando TOKYO, May 16 (Reuters) - When activist investor Brian Heywood first met the newly appointed CEO of Japanese musical instruments maker Roland Corp over a year ago, he launched into a passionate discussion about music rather than the company's weak finances.

Sharp to cut jobs worldwide

bdlive.co.za — Sharp to cut jobs worldwide TOKYO - JAPAN'S loss-making Sharp Corporation intends to cut 12% of its staff in a global restructuring expected to cost more than $1.7bn, a person familiar with the plan said on Thursday.

Lenders want bold overhaul of Japan's Sharp as another bailout looms

reuters.com — Credit: Reuters/Yuya Shino A shopper wearing a mask rides an escalator past advertisements for Sharp Corp's Aquos television at an electronics shop in Tokyo March 3, 2015. Sharp Chief Executive Kozo Takahashi will meet officials from Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ, hoping to discuss further funding and buy time, people with direct knowledge of the matter said.

INTERVIEW-Japan's Fanuc must do buybacks, capex plan no fix-Loeb

cnbc.com — TOKYO, Feb 20- Activist investor Daniel Loeb said Fanuc Corp's plan to boost investments was not enough to fix its "blatant capital inefficiency", stepping up calls for the Japanese industrial robot maker to reward shareholders through major buybacks. Loeb, whose hedge fund Third Point holds an undisclosed stake in Fanuc, told Reuters by email the plan to double...
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Apr 26, 2015

@benesjp thanks! perhaps not the way most of us want to spend our retirement...

Apr 24, 2015

Sony CEO Hirai faces attack from "old boys" who retain sway long after retirement reut.rs/1Ey2tsA

Apr 20, 2015

Defensive play? Sony unveils new "Xperia Z4" smartphone even as it retrenches in mobile reut.rs/1IvxV8n

Apr 17, 2015

RT @teroterotero: Swedish Prison and Probation Service is forbiddong the Pirate Bay founder to play Nintendo slate.com/blogs/future_t…

Mar 26, 2015

Otsuka Kagu shareholders' meeting. CEO: "Please identify yourself" Shareholder: "I'm Chiyoko Otsuka. Your mother!"

Mar 26, 2015

At the furniture family showdown that is Otsuka Kagu shareholders' mtg. CEO Kumiko says opposing views on governance caused trouble with dad

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