Toshiba accounting irregularities likely to exceed 100 billion yen
Toshiba accounting irregularities likely to exceed 100 billion yen
Toshiba Corp. is likely to have padded its operating profits by more than 100 billion yen (about $814 million) during the five-year period from fiscal 2009 to fiscal 2013 through...
China hunts for ‘manipulators’ as stocks tumble
China hunts for ‘manipulators’ as stocks tumble
SHANGHAI--Chinese stocks tumbled again on July 3, taking the week's losses to more than 10 percent, as the securities regulator said it was investigating suspected market...
Hisao Tanaka, president of Toshiba Corp. (Asahi Shimbun file photo)
Toshiba accounting irregularities likely to exceed 100 billion yen
Toshiba Corp. is likely to have padded its operating profits by more than 100 billion yen (about $814 million) during the five-year period from fiscal 2009 to fiscal 2013 through inappropriate accounting methods, The Asahi Shimbun learned on July 3.
A brochure notifying Toyota Motor Corp.’s general shareholders’ meeting features the carmaker’s Mirai, the world's first fuel-cell vehicle sold commercially. (Provided by Toyota Motor Corp.)
Investors lining up en masse for Toyota's new 'Model AA' shares
Toyota Motor Corp. began accepting official applications from investors on July 3 for a new hotly anticipated class of stocks that are expected to inject nearly 475 billion yen ($3.9 billion) to the automaker.
Sharp Corp.'s new transparent liquid crystal display in Osaka on June 30 (Akihiro Nishiyama)
Sharp to market see-through LCDs in 2017
OSAKA--Sharp Corp. plans to mass-produce highly transparent liquid crystal displays that can show color images, the struggling Osaka-based electronics company said.
A stock investor watches the screen at a brokerage house in Fuyang in central China's Anhui province on June 30. (Chinatopix Via AP)
China hunts for ‘manipulators’ as stocks tumble
SHANGHAI--Chinese stocks tumbled again on July 3, taking the week's losses to more than 10 percent, as the securities regulator said it was investigating suspected market manipulation and announced a slew of measures aimed at heading off a full-blown crash.
Children search for "Yo-kai Watch" characters while making their way through the Yo-kai Watch the Real attraction at Universal Studios Japan in Osaka during a preview event on July 1. (Jun Ueda)
Zombies, 'yokai' monsters invade USJ summer attractions
OSAKA--Attractions based on “Yo-kai Watch,” “Resident Evil” and other popular anime, film and video game franchises will open July 3 for the summer season at Universal Studios Japan.
An artist’s rendition of the Moomin theme park that will open in Hanno, Saitama Prefecture, as early as 2017 (Provided by FinTech Global Inc.)
Moomin theme park planned for Saitama
A Moomin theme park covering a vast lakeside area is scheduled to open in Saitama Prefecture as early as 2017.
Julie Hamp (Asahi Shimbun file photo)
Toyota's top female executive steps down after arrest
Julie Hamp, the most senior female executive at Toyota who was arrested in Japan last month on suspicion of drug law violations, has resigned from the company, the automaker said on July 1.
Executives from Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. at a news conference in Tokyo on July 1 (Ken Sakakibara/ The Asahi Shimbun)
Toyota, Nissan, Honda back hydrogen stations for fuel-cell vehicles
Toyota, Nissan and Honda are working together to get more fuel-cell vehicles on roads in what they call Japan's big push toward "a hydrogen society."
An electronic device manufacturing factory of a Panasonic Corp. group company in Tosu, Saga Prefecture (The Asahi Shimbun)
Japanese business mood improves despite gloomy data, BOJ survey shows
The mood among big Japanese corporations is unexpectedly upbeat despite recent data showing the recovery appears to be stalling.
Toshihiro Suzuki, the new president of Suzuki Motor Corp., speaks at a news conference in Tokyo on June 30. Osamu Suzuki, the company’s chairman and his father, is sitting to the right. (The Asahi Shimbun)
Suzuki Motor CEO names son to succeed him as president
Suzuki Motor Corp.'s 85-year-old CEO, Osamu Suzuki, named his eldest son as the new president of the automaker, easing investor concerns over the firm's succession plan and lifting the company's shares by more than 5 percent.
OHaNAS, a talking robot developed by Tomy Co. and NTT Docomo Inc. will hit store shelves in October. (Toru Okuda)
Tiny robot that uses online info to answer questions will go on sale in fall
Toymaker Tomy Co. will introduce a small robotic device this autumn that can provide helpful answers to spoken questions by using information from the Internet.
Six kinds of plants are being grown on Shiseido Co.'s farm in Kakegawa, Shizuoka Prefecture. (Takashi Kamiguri)
Shiseido to produce skin-care products from homegrown ingredients
Cosmetics giant Shiseido Co. said safer, more reliable products consisting of ingredients cultivated on its own farm will be on store shelves as early as 2017.
Chinese Finance Minister Lou Jiwei (Asahi Shimbun file photo)
UPDATE: China to hold some veto powers in new Asian bank
BEIJING--China will hold over a quarter of the votes in the new Asian Infrastructure Investment Bank (AIIB), its finance ministry said on June 29, giving it a veto in some key decisions despite Beijing insisting it will not have such powers.
Yamaha Motor Co.’s small components are used for stylish European power-assisted bicycles. (Provided by Winora-Staiger GmbH of Germany)
Third time's a charm for Yamaha in Europe's electric bicycle market
IWATA, Shizuoka Prefecture--After two miserable failures, Yamaha Motor Co. approached the European power-assisted bicycle market focusing on the rider, not the ride.
The Finance Ministry in Tokyo's Chiyoda Ward (Asahi Shimbun file photo)
Retired bureaucrats fill 20% of outside director posts at major companies
Nearly 20 percent of outside directors at major Japanese companies are retired officials who once held high positions at government ministries and other institutions, an Asahi Shimbun survey showed.
A Japan Airlines passenger jet featuring a design by the pop idol group Arashi’s leader, Satoshi Ono, in Tokyo on June 26 (Kaname Ohira)
JAL starts 'Arashi' passenger jet service
Members of popular Japanese pop idol group Arashi have reached new heights on their latest tour.
Activists hold a demonstration to oppose Kansai Electric Power Co.’s plans to restart nuclear reactors as shareholders walk toward the venue of the company’s annual meeting in Kobe on June 25. (Ryo Kato)
Shareholders of 9 utilities reject proposals to abolish nuclear reactors
Shareholders of the nation's nine regional utilities with nuclear power plants rejected calls for a nuclear-free Japan at their annual meetings on June 25, while management reaffirmed plans to restart the reactors as soon as possible.
Sharp Corp.'s microwave sensor can measure heart and breathing rates without having to be connected to a human or a pet. (Akihiro Nishiyama)
Sharp creates remote monitor of heart, breathing rates of humans, pets
OSAKA--Sharp Corp. has developed a microwave sensor that can measure from a distance the heart and breathing rates of a subject, be it human or animal, the company said June 25.
Akio Toyoda, president of Toyota Motor Corp. (Photo by Takayuki Kakuno)
Toyota’s chief rakes in ¥352 million for 2014
Toyota Motor Corp. President Akio Toyoda was paid 352 million yen ($2.86 million) for fiscal 2014, the first time his remuneration has topped 300 million yen since he assumed the post in 2009.
Japanese seat belt and air-bag maker Takata Corp. Chairman and CEO Shigehisa Takada speaks during a press conference regarding the expanding recall of his company's air bags in Tokyo on June 25. (AP Photo)
CEO of embattled Japan air bag maker Takata meets media, apologizes for defect
The CEO of Takata Corp., the Japanese air bag maker at the center of a defect scandal that has resulted in recalls of 33.8 million vehicles, appeared at a news conference on June 25 for the first time since the problems emerged and apologized to shareholders.

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