Your Reuters correspondent in Tokyo. Previously in Helsinki.

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...

After losses, Sony takes a step back from TVs and smart phones

csmonitor.com — Sony's chief executive officer Kazuo Hirai said the consumer electronics company would no longer focus on growth in areas with fierce rivalry, such as smart phones. Sony Corp aims to boost operating profit 25-fold within three years by growing its camera sensors and PlayStation units, its chief executive said, outlining a strategy that could see the company exit the cut-throat TV and smartphone sectors.

Sony sees 25-fold profit jump by 2018; could exit TVs, phones

uk.reuters.com — TOKYO (Reuters) - Sony Corp (6758.T) aims to boost operating profit 25-fold within three years by growing its camera sensors and PlayStation units, its chief executive said, outlining a strategy that could see the company exit the cut-throat TV and smartphone sectors.

Sony sees 25-fold profit jump by 2018; could exit TVs, phones

torontosun.com — Sony Corp aims to boost operating profit 25-fold within three years by growing its camera sensors and PlayStation units, its chief executive said, outlining a strategy that could see the company exit the cut-throat TV and smartphone sectors.

Japan's Kintetsu Express to buy Singapore's APL Logistics for $1.2 billion: source

reuters.com — Kintetsu Express said on Tuesday it couldn't comment on details of the transaction, which it said was not yet official. A spokesman said the firm would make an announcement regarding the deal later in the day.

UPDATE 1-Japan's Fanuc doubles investment plan days after Third Point challenge

mobile.reuters.com — TOKYO, Feb 16 (Reuters) - Japanese industrial robot maker Fanuc Corp on Monday said it would double its planned investment in a new factory, a week after hedge fund Third Point called on the firm to use its cash pile to boost shareholder returns by buying back shares.
More Articles →
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

Mar 19, 2015

Exclusive: Japan tax agency, Hong Kong join FBI in reviewing Universal casino payments mobile.reuters.com/article/idUSKB…

Mar 17, 2015

Interesting tweets on Nintendo-DeNA: Horiemon says it should've been a buyout, another calls it marriage of poor royal & wealthy commoner

Mar 12, 2015

What do utility poles and gambling have in common? Japan casino bill: never say die reut.rs/1Bqba4H

Mar 11, 2015

"We are no softies. We are straight up punk rockers" - Disabled Finnish punks head for Eurovision reut.rs/1Adt6eP

Mar 10, 2015

RT @LianaBaker: Exclusive: Bain agrees to buy Blue Coat for around $2.4 billion - source reut.rs/1KQjvVw nice tech exclu @reuters @GregRoumeliotis

Email Ritsuko by joining Muck Rack Pro



Are You a Journalist?

Make a Portfolio

Create a free Muck Rack account to customize your profile and upload a portfolio of your best work.


Share This Profile