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  • Japan Exchange Group integrates Tokyo, Osaka derivatives markets

    TOKYO -- Japan Exchange Group folded the Tokyo Stock Exchange's derivatives market into that of the Osaka Exchange on Monday, the latest in a series of steps integrating the country's top bourses amid growing global competition. While Japan Exch

    March 25, 2014 06:57 am JST
  • Japan to step up oversight of fund distributors

    TOKYO -- Japan's securities watchdog will subject previously uninspected distributors of investment funds for retail investors to regular checks in an effort to better protect the public against fraud. While the majority of Japan's roughly 1,600

    March 25, 2014 06:42 am JST
  • Orix to step up bond issuances in South Korea

    TOKYO -- Orix is set to become the first Japanese company to issue bonds in South Korea under a shelf registration system in that country. The major leasing company has filed a shelf registration for up to 90 billion won ($84.4 million). Under t

    March 25, 2014 05:44 am JST
  • Combine 2nd sales tax hike with corporate tax cut: key Abe adviser

    TOKYO -- Reducing the corporate tax rate when the consumption tax is eventually raised to 10% would be an option to consider, says a member of Japanese Prime Minister Shinzo Abe's economic brain trust. Koichi Hamada, a special adviser to the Cab

    March 25, 2014 05:31 am JST
  • Xi, Abe decline summit, but still take pains to rehash history

    THE HAGUE, Netherlands -- Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping have brought their battle over Japan's wartime actions to the European stage as Tokyo strives to block the united front being built by Beijing and Seoul.

    March 25, 2014 05:09 am JST
  • Retooled Japan Inc. outearning global rivals

    TOKYO -- An earnings comparison of major companies worldwide underscores the particularly strong performance of Japanese companies in fiscal 2013, thanks to reforms over the past few years and the tail wind provided by a softer yen. In the auto i

    March 25, 2014 04:48 am JST
  • Japanese utilities to make big new bets on coal

    OSAKA -- With their nuclear reactors offline, two Japanese utilities will seek to bring new coal-burning power plants onstream by early next decade. They see affordable coal capacity as essential for maintaining stable power supplies at a time w

    March 25, 2014 04:47 am JST
  • NEC acquires grid energy storage business of A123 Systems

    TOKYO -- NEC added another element in its new business strategy Monday, announcing the acquisition of the grid energy storage unit of A123 Systems from Chinese autoparts company Wanxiang Group. The Japanese electronics giant is shifting its focu

    March 25, 2014 03:36 am JST
  • Shop until you drop -- and get Hello Kitty bag

    TOKYO -- Hoping to blunt the impact of April's consumption tax hike, Takashimaya will try to lure foreigners arriving in Japan for cherry blossom season with shopping bags sporting Hello Kitty. The department store operator will hand out a total

    March 25, 2014 02:58 am JST
  • NEC, Secom target Southeast Asia's growing need for satellites

    TOKYO -- Japanese companies NEC and Secom are each moving to tap into demand for satellite-related services in Southeast Asia, where many nations do not own orbital spacecraft. NEC has developed the Nextar low-cost satellite platform, or "bus,"

    March 25, 2014 02:41 am JST
  • Can 2 major real estate deals revive Abenomics fever?

    TOKYO -- Stock market watchers are closely following two major real estate deals underway in Tokyo as signaling the fate of the broader Abenomics-fueled investment fury. With excitement over Prime Minister Shinzo Abe's economic policies rapidly

    March 25, 2014 02:33 am JST
  • Shimadzu ramping up R&D, sales in Asia

    KYOTO -- Shimadzu announced Monday that it will spend 102 billion yen ($987 million) on capital investment and R&D in the three years ending March 2017, 40% more than in the prior three-year period, with a focus on Asia outside Japan. As part of

    March 25, 2014 02:26 am JST
  • Optical film seen giving lift to Zeon's operating profit

    TOKYO -- Japanese material maker Zeon's operating profit is expected to surge 30% to around 30 billion yen ($290 million) in the year ending March 31, topping the 28 billion yen estimate. Sales are projected to climb nearly 20% to 295 billion ye

    March 25, 2014 02:00 am JST
  • Amano's operating profit seen growing 15% next fiscal year

    TOKYO -- Time-management equipment maker Amano Corp.'s operating profit for fiscal 2014 is expected to climb 15% from this fiscal year's forecast to 9.5 billion yen ($91.9 million), bolstered by the construction boom in Japan. Sales at the Yokoh

    March 25, 2014 02:00 am JST
  • Mandom seen logging record profit on brisk Asian cosmetics sales

    TOKYO -- Mandom Corp. is expected to post an all-time-high operating profit for the current year through Monday, driven by increased sales of cosmetics in Southeast Asia and a weaker yen. The Japanese company's operating profit is seen rising 18

    March 25, 2014 12:05 am JST
  • Infiniti to locally produce half the cars it sells in China

    BEIJING -- Nissan will begin assembling its luxury Infiniti brand in China at the end of the year, and plans to increase local production to more than 50,000 vehicles annually by 2018. The company aims to design cars specifically for the Chinese

    March 25, 2014 12:00 am JST
  • Obic likely to book another record profit

    TOKYO -- Business software provider Obic Co. is winding down what looks to be its second straight year of record pretax earnings, enjoying a revival in IT technology driven by rising economic confidence in Japan. Pretax profit for the year endin

    March 24, 2014 11:20 pm JST
  • Japanese machinery makers grooming Asian engineers

    TOKYO -- For Japanese manufacturers rushing to expand their business in emerging Asian countries, success depends on how well they can pass their technological know-how developed in Japan onto trainees and workers from those countries. Now, more

    March 24, 2014 07:00 pm JST
  • The latest mall attraction in the Philippines? Ice rinks

    MANILA -- People in the steamy Philippines are increasingly taking to the ice rink. Many have been inspired by a 17-year-old figure skater who made a name for himself at last month's Winter Olympics. And since the boom is coinciding with a surge

    March 24, 2014 07:00 pm JST
  • Toyota forecasts record profit, sales of 10 million units

    TOKYO -- Toyota Motor President Akio Toyoda spent much of his first five years in office coping with massive product recalls and other setbacks. Now that the automaker has likely ended fiscal 2013 with a record profit and projects global sales o

    March 24, 2014 07:00 pm JST