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International

Noriyuki Hirata

UPDATE 1-Toshiba plans to hold EGM by April-end to address activist challenge

Jan 14 2021

TOKYO, Jan 15 Toshiba Corp said on Friday it plans to hold an extraordinary shareholders meeting (EGM) by the end of April to vote on proposals from overseas hedge funds, in what would be a high-profile test case for shareholder activism in Japan.

Sony seeing 'very considerable' PS5 demand ahead of launch

Oct 28 2020

TOKYO Sony Corp is seeing "very considerable" demand for its PlayStation 5 (PS5) console via pre-orders, its gaming chief said, as the tech firm targets pole position in the race to tap the growth of gaming globally with the device's Nov. 12 launch. | Video

Sony seeing 'very considerable' PS5 demand ahead of launch

Oct 27 2020

TOKYO, Oct 28 Sony Corp is seeing "very considerable" demand for its PlayStation 5 (PS5) console via pre-orders, its gaming chief said on Wednesday, as users rush to secure the next-generation device ahead of its Nov. 12 launch.

Exclusive: Mitsui & Co to sell all stakes in coal-fired power plants by 2030 - CEO

Oct 12 2020

TOKYO Japanese trading house Mitsui & Co Ltd plans to sell its remaining stakes in coal-fired power stations by the end of the decade as it shifts to gas from coal to help achieve its 2050 net zero emission target, its chief executive told Reuters.

Stung by proxy advisers' decision, activist-backed Toshiba board nominees to step up campaign

Jul 21 2020

TOKYO Nominees to Toshiba Corp's board backed by activist fund Effissimo Capital Management said they plan to talk with investors in a push to convince them that additional directors will help the industrial conglomerate fix compliance issues.

With shift toward merit-based pay, Japan's Hitachi to drop old ways

Jul 16 2020

TOKYO Hitachi Ltd is moving to scrap a remnant of one of Japan Inc's most famous practices: seniority-based pay.

Japan Display aims to bring some panel production back from China after coronavirus

Jul 10 2020

TOKYO Japan Display Inc aims to bring some automotive panel production back to Japan after the novel coronavirus outbreak disrupted its supply chain in China, a company executive said on Friday.

Sony sees software subscription as future for data-analysing image sensors

Jun 29 2020

TOKYO, June 29 Sony Corp's image sensor business aims to replicate PlayStation's success to address its reliance on a handful of manufacturers in the fickle smartphone market: It plans to sell software by subscription for data-analysing sensors in situ.

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