Fujifilm log 37.5 billion yen loss from accounting irregularities
June 12, 2017
Tokyo- Fujifilm Holdings Corp. said Monday it incurred a cumulative loss of 37.5 billion yen from inappropriate accounting practices at overseas group units over the past few years. The company previously estimated the cumulative loss at 22 billion yen, citing inappropriate
Nifco to sell Japan Times
June 12, 2017
Tokyo- Auto parts maker Nifco Inc. said Monday it will sell wholly-owned subsidiary Japan Times Ltd., a major English-language newspaper publisher, to News2u Holdings Inc., a Tokyo-based company that distributes corporate and other information on the Internet. Nifco will sell all
Wanted Japanese national nabbed in Cavite
June 11, 2017
A wanted Japanese national was arrested in Rosario, Cavite on Friday for allegedly violating the law on anti-violence against women and children, police said on Sunday. Rosario Municipal Police Station said the 38-year old suspect, a factory worker and native of Nagano,
“Minpakuˮ private lodging biz drawing many complaints in Osaka
June 11, 2017
OSAKA- The city of Osaka has been struggling to respond to numerous complaints about problems linked to the emerging “minpaku” business, which makes vacant rooms in private homes available as accommodation for tourists, particularly for those from abroad. The western Japan
Government Committee to back Japan Post Bank’s unsecured loan biz
June 11, 2017
Tokyo- The Japanese government’s postal privatization committee sees no problem allowing Japan Post Bank to newly launch the unsecured loan business for individual customers, informed sources said Saturday. The committee, chaired by Kazumasa Iwata, head of the Japan Center for Economic
Western Digital eyes new proposal to Toshiba
June 11, 2017
OSAKA- Western Digital Corp. is considering proposing a plan to make possible the acquisition of Toshiba Corp.’s flash memory unit for over 2 trillion yen, informed sources have said. Western Digital has offered to buy Toshiba Memory for 1.6 trillion yen,
Osprey makes emergency landing at Amami Airport
June 11, 2017
Kagoshima- The U.S. military’s Osprey tilt-rotor cargo aircraft made an emergency landing at Amami Aiport in the southwestern Japan prefecture of Kagoshima on Saturday night. The pilot of the plane, which was flying over the sea off Amami, declared an emergency
Japan to modestly extend parliamentary session
June 11, 2017
Tokyo- The Japanese government and ruling parties decided Saturday on a plan to modestly extend the ongoing session of the Diet, the country’s parliament, now set to end on June 18, informed sources said the same day. The planned extension is
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