TOKYO, Feb 8 (Reuters) – Japan’s Elpida Memory (6665.T: Quote, Profile, Research, Stock Buzz) said
it received approval to list its stock in Taiwan this month and
would raise about $150 million as it scrambles to keep up with
larger rivals in the development of advanced PC memory chips.
Elpida, the world’s No. 3 maker of dynamic random access
memory chips (DRAM) after Samsung Electronics (005930.KS: Quote, Profile, Research, Stock Buzz) and
Hynix Semiconductor (000660.KS: Quote, Profile, Research, Stock Buzz), said it would list depositary
receipts on the Taiwan Stock Exchange on February 25.
TOKYO (Reuters) – Hitachi Ltd (6501.T: Quote, Profile, Research, Stock Buzz) recorded a near doubling of quarterly operating profit as it cut costs and boosted sales in emerging economies, and raised its annual outlook for the second time to above market expectations.
The result marked the electronics conglomerate’s sixth straight quarterly operating profit, as it battles back from one of the biggest losses in Japanese corporate history reported only two years ago under the weight of a high-cost structure and lack of operational focus.
TOKYO (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research) (TM.N: Quote, Profile, Research) said it would recall more than 1.7 million vehicles worldwide, bringing its total for recalls to nearly 16 million since late 2009 and dealing a blow to its efforts to restore its reputation for quality.
The recalls are for various issues, the biggest of which is to fix potentially faulty fuel pumps and connecting pipes in 1.34 million vehicles, Toyota said.
TOKYO (Reuters) – Toyota Motor Corp said it would recall more than 1.7 million vehicles worldwide, bringing its total for recalls to nearly 16 million since late 2009 and dealing a blow to its efforts to restore its reputation for quality.
Although the situation is different from last year, when Toyota attracted intense scrutiny from U.S. safety regulators over unintended acceleration problems that were blamed for dozens of fatalities, the latest recall may make it harder for Toyota to convince investors it has put its quality problems behind it.
TOKYO, Jan 26 (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) said it
was recalling more than 1.7 million vehicles worldwide, the
latest in a string of recalls that have ballooned to nearly 16
million since late 2009, further denting the automaker’s
reputation for quality.
Shares of Toyota extended their decline after the
announcement and closed down nearly 2 percent.
TOKYO (Reuters Life!) – Adapting a bestselling novel like “Norwegian Wood” for the cinema can be a tough task for any director, but try making the film in a language you can’t speak.
That’s the challenge Vietnamese-French filmmaker Tran Anh Hung faced in bringing the Haruki Murakami story of love and loss to the screen 23 years after the book enchanted millions of Japanese readers and raised the author’s profile globally.
TOKYO (Reuters) – Hollywood 3D movies may be huge in Japan, but a wave of new samurai films threatens to tarnish their image by dazzling audiences with old-school action and some clever new twists to the sword-and-kimono stories.
From the works of filmmaking legend Akira Kurosawa, such as “Seven Samurai,” to dramas aired on public broadcaster NHK, samurai fare has long been a staple of Japanese entertainment.
TOKYO (Reuters) – Paramount Pictures is bringing “Ghost” back to life with a Japanese version of the romance blockbuster, becoming the latest Hollywood studio to launch a local-language production as U.S. films stumble at Japan’s box offices.
The unit of Viacom Inc also is starting to dub more U.S. movies, such as “Shutter Island,” into Japanese to lure elusive young audiences, an unusual step in a country where most foreign fare, apart from kids’ films, is shown with subtitles.
TOKYO (Reuters) – Japanese driving schools are offering more than instruction behind the wheel, with Hawaiian massage and lessons in BMWs among the services available to compete for a dwindling number of potential students.
Like a broad spectrum of Japanese companies, driving schools are grappling with the country’s shrinking population and a tightfisted economic climate that have triggered fierce price competition.
Kids these days can’t get a break. They cop flak from the older generation for their manners, the way they dress, and having it too easy compared with in the good old days.
And now their pocket money has taken a hit.
High school students in Japan saw their allowances fall 11 percent last year to an average 6,045 yen ($68) a month — the lowest since 1990 — according to a recent survey by the Central Council for Financial Services Information.