Companies

Chairman Osamu Suzuki, right, and President Toshihiro Suzuki, left, at Suzuki's general shareholders meeting.

Can Suzuki shift gears with new chief?

TOKYO -- Suzuki Motor is trying to instill a more team-based management style through a new CEO in the wake of its fuel-economy testing scandal. But whether the automaker can fundamentally overcome its dependence on its charismatic leader, Chairman O...

  • Newly listed Komeda eyes broader cafe chain presence

    NAGOYA -- Komeda Holdings aims to expand its domestic cafe network to 1,000 locations in fiscal 2020 through a larger presence outside of the company's home area around Nagoya.The company debuted on the Tokyo Stock Exchange's first section Wednesday....

  • Mitsubishi Regional Jet plant starting up in July

    TOKYO -- Mitsubishi Aircraft will launch a mass-production plant for its regional passenger jet in early July, with plans to assemble the first plane by the start of 2017.Production will begin at an assembly site in Aichi Prefecture owned by parent M...

  • Sony prepped for pivot to growth, CEO says

    TOKYO -- After four years on the reform path, Sony President Kazuo Hirai has at last declared the electronics and media giant primed for new growth with the help of a leaner, sturdier corporate structure.

  • Sharp to boost solar cell business in Asia

    OSAKA -- Sharp is expanding its solar cell operations in Asia by building large-scale solar farms and selling home solar panels in new markets.The company is partnering with companies in Mongolia, the Philippines and Indonesia to build megasolar powe...

  • Hitachi to build commuter trains for Italy's rail network

    TOKYO -- A local unit of Hitachi has won an order to supply 195 double-decker train cars to Italian railroad operator Trenitalia.The contract is valued at around 38 billion yen ($370 million) and may balloon to as much as 300 billion yen under an agr...

  • Docomo, DeNA developing self-driving car tech

    TOKYO -- Japanese mobile phone service provider NTT Docomo is tapping its expertise in high-speed communications to co-develop autonomous vehicle technology with internet service company DeNA.The technology will let vehicles detect lane lines and any...

  • Philippine mortuary company brings life to bourse

    MANILA -- A company specializing in death has breathed life into the Philippine stock market, where initial public offering listings have languished in a six-month hiatus.On Wednesday, Golden Haven Memorial Park became the first company to go public ...

  • L&T Infotech

    Revives IPO plan as investor demand surges for Indian share offerings

    MUMBAI (NewsRise) -- L&T Infotech, the software arm of industrial conglomerate Larsen & Toubro, is set to launch an up to 12 billion-rupees ($184 million) share sale in July, after abandoning an earlier plan in April, as it aims to benefit from a res...

  • Shell paves road to Myanmar success with its own bitumen

    YANGON -- Royal Dutch Shell is diversifying its operations in Myanmar, aiming to promote its brand and strengthen ties with the new civilian government.The Anglo-Dutch oil company's primary focus in the country is offshore resource development. Recen...

  • ANA targets business flyers with Haneda-Kuala Lumpur route

    TOKYO -- All Nippon Airways is launching direct flights between Tokyo's Haneda Airport and Kuala Lumpur. Targeted at business travelers, the service will be the first such flights operated by a major airline between the downtown Tokyo airport and the...

  • Bourse questions China Vanke shareholders on possible collusion

    GUANGZHOU, China -- The Shenzhen Stock Exchange has asked China Vanke's two top shareholders to clarify whether they are acting in concert against the developer's management in the midst of an ownership battle.The bourse suspects that the Baoneng gro...

  • China Vanke saga spurs scrutiny of voluntary trading halts

    HONG KONG -- Real estate giant China Vanke's mainland shares remain suspended months into a fierce takeover battle with no resumption in sight, fueling global doubts about China's voluntary trading halt system.

  • Japanese shareholders today get to question scandal-hit CEOs

    TOKYO -- June is shareholders meeting season in Japan, where a large majority of listed companies have fiscal years that end in March.With the government having set a new corporate governance code for listed companies a year ago, businesses are said ...

  • Interview

    Fusion of Asian and Western values key to billionaire's success

    BANGKOK -- William Heinecke, CEO of Thailand's Minor International, was born in the U.S. and speaks only a few words of the Thai language. Yet, his company has become one of the largest and most successful hotel and restaurant conglomerates in the co...

  • Yoma revs up property development drive in Myanmar

    YANGON -- Singapore-listed Yoma Strategic Holdings is accelerating its real estate development drive in Myanmar to meet growing local demand for residential units, offices and commercial facilities.Yoma’s move comes as Myanmar has emerged from decade...

  • Sony sets sights on companion robots

    TOKYO -- Japan's Sony intends to get into the companion business. Companion robots, that is. President Kazuo Hirai on Wednesday told reporters that a new division is already working on robots that can connect emotionally to humans.The old Japanese ic...

  • Renesas' new CEO charts independent path

    TOKYO -- Japan's Renesas Electronics handed over the reins Tuesday to a new chief executive, who right off the bat displayed the self-reliance and determined nature that have marked his career."We will concentrate on strategic areas such as automotiv...

  • Kobe Steel stuck in low-ROE trap

    TOKYO -- Eleven individual shareholders, four more than last year, spoke up at Kobe Steel's regular shareholders meeting last week in Kobe.Nearly all of the 25 questions that were raised involved venting about such issues as the Japanese steelmaker's...

  • Fujifilm launches full-fledged regenerative medicine business

    TOKYO -- Fujifilm Holdings is moving to give regenerative medicine greater status within the group as it targets sales of more than 20 billion yen ($194 million) in this field for 2018.The office now in charge of the business will be upgraded to a di...