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Business deals

Sony and Kawasaki Heavy partner up for remote robot service

Japanese groups will establish JV to offer essential workers remote options

Sony Group and Kawasaki Heavy Industries announced on Friday plans to establish a joint company over the coming months in which each will hold a 50% stake. (Source photos by Reuters and AP)

TOKYO -- Sony Group will join forces with Japan's Kawasaki Heavy Industries in a bid to roll out a new remote robotics platform business that will cater to factory workers who have faced challenging conditions in the wake of the coronavirus pandemic.

The two companies announced on Friday plans to establish a joint company this summer in which they will each hold a 50% stake. The new company will have a capital of 100 million yen ($919,000) and will start operations soon after receiving the necessary approvals.

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