Chris's Feed
Jun 21, 2011
via Summit Notebook

Suntech eyes Japan growth

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By Leonora Walet

Suntech Power may be the world’s biggest solar panel maker but it trails Sharp, Kyocera, Panasonic and Mitsubishi Electric in the fast-growing Japanese solar market.

Now, the company is set to take on these Japanese rivals on their home turf and aims to double its market share in the country to 10 percent next year.

Jun 20, 2011
via Summit Notebook

Perils of disaster fixation

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By Tim Kelly

Fixated on reviving the shattered northeastern seaboard, Japan risks neglecting growth in the rest of the economy, warns Takeshi Niinami, CEO of Lawson, Japan’s second-biggest convenience store operator.

“The question is what do you do about the other 95 percent of the economy,” Niinami told the Reuters Rebuilding Japan Summit in Tokyo.

Jun 20, 2011
via Summit Notebook

Hard road on Japan’s nuclear policy

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By Kevin Krolicki

Suddenly Taro Kono doesn’t look like quite the lonely maverick in Japan’s Liberal Democratic Party.

Kono, a member of the lower house of parliament, has been an unrelenting critic of Japan’s pursuit of nuclear power since he was first elected in 1996. That made him an odd fit with the LDP, which ruled Japan almost continuously from the mid-1950s to 2009 and put nuclear power at the center of Japan’s energy policy.

Apr 28, 2011

Takefuji names buyer while Japan consumer lenders suffer massive losses

TOKYO, April 28 (Reuters) – Korean consumer lender A&P
Financial will start turning around business at failed Japanese
peer Takefuji Corp at a time when Japan’s three biggest consumer
lenders are warning of combined losses of about $4 billion,
squeezed by a government order to repay overcharged interest to
customers.

Takefuji said on Thursday that A&P Financial has agreed to
buy it. The price was not disclosed.

Mar 11, 2011

Japan super quake, tsunami terrify tremor-prone nation

TOKYO (Reuters) – Even in a nation accustomed to tremors, the devastation wrought by Friday’s massive earthquake in Japan, and the tsunami it triggered, was shocking.

The magnitude 8.9 quake, the most powerful since Japan started keeping records nearly a century and a half ago, split highways, flattened buildings and ignited fires all over the northeastern Pacific coast.

Mar 11, 2011

Huge tsunami slams coastal Japan after quake

TOKYO (Reuters) – The biggest earthquake to hit Japan in 140 years struck the northeast coast on Friday, triggering a 10-meter tsunami that swept away everything in its path, including houses, cars and farm buildings on fire, media and witnesses said.

At least one person was killed in Fukushima prefecture, north of Tokyo where four million homes were without power. The 8.9 magnitude quake caused many injuries, public broadcaster NHK said, sparked fires and the wall of water, prompting warnings to people to move to higher ground in coastal areas.

Mar 11, 2011

Huge tsunami slams coastal Japan after 8.9 magnitude quake

TOKYO, March 11 (Reuters) – The biggest earthquake to hit
Japan in 140 years struck the northeast coast on Friday,
triggering a 10-metre tsunami that swept away everything in its
path, including houses, cars and farm buildings on fire, media
and witnesses said.

At least one person was killed in Fukushima prefecture, north
of Tokyo where four million homes were without power. The 8.9
magnitude quake caused many injuries, public broadcaster NHK
said, sparked fires and the wall of water, prompting warnings to
people to move to higher ground in coastal areas.

Mar 11, 2011

Huge tsunami slams coastal Japan after 8.9 magnitude

TOKYO (Reuters) – A massive 8.9 magnitude quake hit northeast Japan Friday, triggering a 10-metre tsunami that swept away everything in its path, including houses, cars, farm buildings on fire and boats, media and witnesses said.

At least one person was killed in Fukushima prefecture, north of Tokyo where four million homes were without power. The quake caused many injuries, fires and a wall of water across the coast, prompting warnings to people to move to higher ground.

Mar 11, 2011

Huge Japan quake causes tsunami, fires, landslide

TOKYO (Reuters) – A massive 8.9 magnitude quake hit northeast Japan Friday, causing many injuries, fires and a four-meter (13-ft) tsunami along parts of the country’s coastline, NHK television and witnesses reported.

There were several strong aftershocks and a warning of a 10-meter tsunami following the quake, which also caused buildings to shake violently in the capital Tokyo.

Feb 9, 2011

Asahi Glass takes on Corning in tough-glass market

TOKYO, Feb 9 (Reuters) – Japan’s Asahi Glass (5201.T: Quote, Profile, Research, Stock Buzz) said it
would spend $240 million on a new speciality glass furnace, as it
looks to take on Corning (GLW.N: Quote, Profile, Research, Stock Buzz) in the fast-growing market for
super-tough cover glass used in smartphones and tablet PCs.

Market leader Corning and Asahi are anticipating explosive
growth in demand for cover glass, which helps prevent damage to
touchpanels when dropped and scraped, as sales of tablet PCs and
smartphones boom in the next few years.