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  • NEC to build data centers as cloud business booms

    major service providers -- NEC, Fujitsu, NTT Data, Itochu Techno-Solutions and NS Solutions are projected to total 826 billion yen in fiscal 2017, an 80% jump from fiscal 2013. At NEC, one data center will be a roughly 12 billion-yen addition

    February 13, 2018 01:36 am JST
  • GLOBAL SNAPSHOT: Inflation Becomes An Issue: Equities Don't Like It But Fed Wants It

    by market valuation, and Mizuho Financial Group, the third-largest lender, rose 4.4% and 2.2%, respectively, after they reported share-trading gains. Fujitsu shares fell 13% after its operating profit dropped 29.3% for the April-December period. Elsewhere

    February 2, 2018 07:24 am JST
  • UPDATE: Lenovo Group Swings To Loss After US Tax Write-Off, Sees Challenges

    about the prospects of its joint venture for personal computers with Japan's Fujitsu, Wong said. Lenovo agreed in November to acquire a 51% stake in a subsidiary of Fujitsu. The joint venture intends to focus on research and development of client

    February 1, 2018 02:43 pm JST
  • NEC plans 3,000 job cuts to trim 30bn yen in labor costs

    in the 800 billion yen range, less than half the valuation of rivals NTT Data and Fujitsu. NEC lifted its forecast for group operating profit for fiscal 2017 by 10 billion yen to 60 billion yen, representing a 43% increase from fiscal 2016. But the company

    January 31, 2018 05:49 am JST
  • Analysis

    Speculation rife as Kuroda's tenure as BOJ governor winds down

    , because even if the U.S. and Europe raise interest rates, the BOJ will be unable to follow suit, and in this scenario, the current cycle of economic expansion may run its course in the near future. Hideo Hayakawa, senior executive fellow at Fujitsu

    January 26, 2018 01:40 pm JST
  • Fujitsu to sell mobile phone business to Polaris Capital

    TOKYO -- Fujitsu has ended its search for a buyer for its mobile phone business, reaching a basic agreement with Tokyo-based investment fund Polaris Capital Group. The Japanese information technology company will sell a majority stake in wholly ... Fujitsu to sell mobile phone business to Polaris Capital

    January 26, 2018 05:20 am JST
  • Japan Inc. looks to make a quantum leap in computing

    TOKYO -- Japanese electronics companies such as NEC and Fujitsu are setting their sights on developing quantum computing, hoping to bring practical applications to the market early in the next decade. This technology employs quantum

    January 22, 2018 05:23 am JST
  • Arthur Herman

    Japan defense industry needs security boost

    's overall corporate profits; and Japan's leading defense companies like Kawasaki Heavy Industries, IHI, NEC, Komatsu and Fujitsu are small compared with their American and European counterparts (see table), they also create high-quality products for Japan

    January 19, 2018 07:00 am JST
  • Unused Tokyo tunnel gets new life as underground veggie farm

    Denki and electronics maker Fujitsu have set up an automated underground vegetable farm in a disused utility tunnel in Chiba Prefecture, just east of the Japanese capital. Urban farms, vertical farms, even space farms have all been touted as solutions

    December 27, 2017 01:15 pm JST
  • Fujitsu invests in Canadian quantum software company

    TOKYO -- Fujitsu is investing just under 2 billion yen ($17.9 million) in Canadian quantum software developer 1QB Information Technologies as the Japanese information technology giant looks to quickly commercialize its own quantum-inspired computer ... Fujitsu invests in Canadian quantum software company

    November 29, 2017 02:29 am JST
  • Earnings preview

    Fujitsu sees highest profit in over a decade in fiscal 2018

    TOKYO -- Fujitsu expects robust performance in the coming fiscal year as corporate Japan flocks to its information systems and services in pursuit of workplace reform and productivity growth. Sales are expected to total somewhere in the upper 3 ... Fujitsu sees highest profit in over a decade in fiscal 2018

    November 28, 2017 06:01 am JST
  • Huawei snaps up engineering talent from Japan's heavyweights

    .6 billion) last year -- more than Fujitsu and NEC combined. Just three decades after its founding, the company has already overtaken Sony and is catching up to Hitachi. Though Huawei is known for its smartphones, its bread and butter actually consists

    November 23, 2017 10:00 am JST
  • BOJ watch

    BOJ's Kuroda cites side effects of aggressive monetary easing

    Hideo Hayakawa, senior executive fellow at Fujitsu Research Institute. But with Japan's inflation rate near zero and still far from the central bank's 2% target, the BOJ is not mulling adjusting monetary policy anytime soon. It could, however, consider

    November 20, 2017 03:40 pm JST
  • Japan's 70-somethings: Ready spenders with deep pockets

    of nursing homes and other elder care facilities. Fujitsu is also eyeing this demographic with a social website devoted to seniors. The ad-free site offers a place where boomers can meet and chat about common interests, such as books, hobbies and travel

    November 20, 2017 01:30 pm JST
  • Toshiba in talks to sell PC business to Taiwan's Asus

    switched to such rivals as HP and Lenovo. Domestic peers NEC and Fujitsu have already sold or agreed to sell PC operations to Lenovo. Toshiba has taken steps to scale back its business, such as exiting the consumer PC market abroad, and spun off

    November 17, 2017 03:20 am JST
  • Huawei's war for talent keeps Sony and NEC on the edge

    and precision machinery factories. The company plans to hire several dozen engineers and has already recruited a dozen or so, a senior executive said. Huawei posted revenue of 521.57 billion yuan ($78.6 billion) last year -- more than Fujitsu and NEC combined

    November 15, 2017 03:02 pm JST
  • Japan Inc. headed for first revenue growth in 3 years

    equipment sector likely will account for more than two-fifths of the overall increase in net profit for the year, benefiting from information technology investment by the semiconductor industry and other sectors. Sony and Fujitsu, enjoying brisk sales

    November 15, 2017 07:55 am JST
  • Hardware suppliers salivate over Japan's rich 5G telecom market

    in eastern Japan. NEC and Fujitsu are currently the major suppliers for NTT Docomo, but Ericsson is making aggressive overtures. "Our equipment development has advanced to the point where we can almost announce that they support 5G," Ericsson Japan

    November 11, 2017 12:00 pm JST
  • Hong Kong shares rise after Dow's record close

    of about 21.4 billion yuan ($3.24 billion). Personal-computer maker Lenovo Group fell 3.4% after rising 2.2% on Thursday following an announcement to buy a 51% stake in the PC unit of Japan's Fujitsu. Lenovo also on Thursday reported an 11% drop in profit

    November 3, 2017 02:44 pm JST
  • ASIA MARKETS: Hong Kong Shares Rise After Dow Industrial's Record Close

    of about 21.4 billion yuan ($3.24 billion). Personal-computer maker Lenovo Group fell 3.4% after rising 2.2% on Thursday following an announcement to buy a 51% in the PC unit of Japan's Fujitsu. Lenovo also on Thursday reported an 11% drop in profit

    November 3, 2017 02:34 pm JST