Yuuki Sakurai

Insight: Japan slowly wakes up to doomsday debt risk

2012-02-17T10:23:46Z

TOKYO (Reuters) - Capital flight, soaring borrowing costs, tanking currency and stocks and a central bank forced to pump vast amounts of cash into local banks -- that is what Japan may have to contend with if it fails to tackle its snowballing debt.

Panasonic eyes fresh tilt at global phone market

2011-12-09T11:29:33Z

TOKYO (Reuters) - Panasonic Corp, which has warned it will post a $5.5 billion annual loss, will launch a smartphone in Europe next year, the latest Japanese maker to tiptoe late into a fiercely competitive market dominated by Samsung and Apple.

Japan Inc steps up shift overseas as yen stays high

2011-11-18T08:01:20Z

TOKYO (Reuters) - Japan's big manufacturers led by Panasonic Corp and Nissan Motor Co Ltd are speeding up their shift overseas, in a sign corporate Japan sees the strong yen as a long-term handicap rather than a temporary blip.

Japan Inc steps up shift overseas as yen stays high

2011-11-18T06:37:28Z

TOKYO (Reuters) - Japan's big manufacturers are speeding up their shift overseas, in a sign they see the strong yen as a long-term handicap rather than a temporary blip, as they struggle to compete with nimble Asian rivals.

Sony's Hirai to address Q2, focus on restructuring

2011-11-02T04:21:10Z

TOKYO (Reuters) - Sony Corp's heir apparent will make a rare appearance at the Japanese firm's earnings conference on Wednesday, raising hopes the once-stellar brand is at last getting to grips with its struggling TV business and can challenge smartphone rivals.

Nintendo to post its first ever annual net loss

2011-10-27T10:23:14Z

OSAKA, Japan (Reuters) - Nintendo Co Ltd said on Thursday it would make its first ever annual net loss this financial year, cutting earnings guidance for a second time as the soaring yen and weak software sales dealt fresh blows to the former games industry champion.

Nintendo to post its first ever annual net loss

2011-10-27T10:23:14Z

Newsmaker: The "emperor" of Olympus, protector no longer

2011-10-25T14:29:19Z

TOKYO (Reuters) - When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an "umbrella," a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting.

Newsmaker: The "emperor" of Olympus, protector no longer

2011-10-25T12:34:30Z

Moody's cuts Japan rating, blames politics

2011-08-24T09:32:52Z

TOKYO (Reuters) - Moody's Investors Service cut its rating on Japan's government debt by one notch to Aa3 on Wednesday, blaming a build-up of debt since the 2009 global recession and revolving-door political leadership that has hampered effective economic strategies.

Moody's cuts Japan rating, blames politics

2011-08-24T09:32:52Z

Nintendo product flop crushes shares, outlook crumbles

2011-07-29T10:06:21Z

TOKYO (Reuters) - Nintendo's shocking profit battered its shares as much as 20 percent, underscoring deep challenges for an iconic brand struggling to win back users flocking to other gadgets.

Sony to post $3.2 billion annual loss on tax write-offs

2011-05-23T12:00:35Z

TOKYO (Reuters) - Sony Corp will post its third straight annual net loss for the year that ended in March after writing off tax credits in the wake of Japan's earthquake and tsunami, the latest in a string of grim headlines on the consumer electronics giant.

Analyst View: Japan approves nuclear crisis compensation scheme

2011-05-13T06:03:45Z

TOKYO (Reuters) - Japan's government approved a plan to help Tokyo Electric Power Co compensate those affected by the crisis at its Fukushima Daiichi nuclear plant, triggered by the March 11 earthquake and tsunami, and save Asia's largest utility from financial ruin.

Analyst View: Japan approves nuclear crisis compensation scheme

2011-05-13T06:03:45Z

Japan may ask utilities to chip in, limit TEPCO burden: report

2011-04-13T04:53:54Z

TOKYO (Reuters) - Japan may ask domestic utilities to share the compensation costs stemming from the crippled Fukushima nuclear plant and cap the burden on plant operator Tokyo Electric Power <9501.T> to $24-45 billion to save the company from financial ruin, a newspaper reported.

TEPCO's liability may be capped at $24-45 billion: Yomiuri

2011-04-13T03:02:03Z

TOKYO (Reuters) - Japan may cap Tokyo Electric Power's <9501.T> liability to as little as $24 billion for damages stemming from its crippled nuclear plant, the Yomiuri newspaper reported, citing a draft plan being considered by the plant operator and the government.

Toyota shares jump on profit outlook, U.S. probe relief

2011-02-09T15:27:58Z

TOKYO (Reuters) - Toyota Motor Corp shares soared on Wednesday after a U.S. government report gave its cars a clean bill of health and a better-than-expected profit outlook helped the world's largest automaker put a dismal year behind it.

Toyota shares jump on profit outlook, U.S. probe relief

2011-02-09T08:05:09Z

Toyota shares jump on profit outlook, U.S. probe relief

2011-02-09T08:05:09Z