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Mar 18, 2011

Japan weighs need to bury nuclear plant

TOKYO (Reuters) – Japanese engineers conceded on Friday that burying a crippled nuclear plant in sand and concrete may be the only way to prevent a catastrophic radiation release, the method used to seal huge leakages from Chernobyl in 1986.

Officials said they still hoped to fix a power cable to at least two reactors to restart water pumps needed to cool overheating nuclear fuel rods. Workers also sprayed water on the No.3 reactor, one of the most critical of the plant’s six.

Mar 18, 2011

Japan weighs need to bury nuclear plant; tries to restore power

TOKYO, March 18 (Reuters) – Japanese engineers conceded on
Friday that burying a crippled nuclear reactor in sand and
concrete may be the only way to prevent a catastrophic radiation
leak, the method used to
seal huge leakages from Chernobyl in 1986.

Officials said they still hoped to fix a power cable to at
least two reactors to restart water pumps needed to cool
overheating nuclear fuel rods. Workers also sprayed water on the
No.3 reactor, one of the most critical of the plant’s six.

Mar 16, 2011

Japan puts top priority on nuclear plant’s No.3 reactor

TOKYO (Reuters) – Japan put its top priority on Wednesday on efforts to cool down a plutonium-fueled nuclear reactor, attempting at one stage to water-bomb the facility without success amid fears that authorities were running out of options to avert disaster.

The No.3 reactor is the only one of the quake-stricken Fukushima Daiichi plant’s six reactor units to be powered with plutonium, which is far more hazardous to health than uranium, which is used to power the other five reactors.

Mar 12, 2011

Japan warns of radiation leak from quake-hit plants

TOKYO (Reuters) – Japan warned of a possible radiation leak on Saturday as authorities battled to contain rising pressure at two nuclear plants damaged by a massive earthquake, and were moving tens of thousands of residents in the area out of harm’s way.

Tokyo Electric Power Co said it has begun steps to release pressure at its two nuclear power plants in Fukushima, located some 240 km (150 miles) north of Tokyo.

Feb 8, 2010

Japanese brewers Kirin, Suntory end merger talks

TOKYO (Reuters) – Japanese brewers Kirin Holdings <2503.T> and Suntory <SUNTH.UL> dropped plans to create a combined food and drinks group with $43 billion in annual sales after disagreeing over levels of control in a merged firm.

The two brewers began talks eight months ago with the aim of building the scale needed to keep pace with global consolidation sweeping across the industry and grow outside the Japanese market, which is shrinking along with the population.

Feb 4, 2010

Toyota grapples with PR bungles, tarnished brand

TOKYO (Reuters) – Faced with an unprecedented recall of millions of vehicles and rivals swooping in on its customers, the public relations machine at Toyota Motor Corp — one of the most savvy brand-creators in Asia — is floundering.

Toyota has consistently played down recurring complaints of unintended acceleration, breaking what PR experts said is the cardinal rule in crisis management: assume the worst.

Feb 2, 2010

KDDI questioned by regulators over J:Com deal

TOKYO, Feb 2 (Reuters) – Japanese telecoms firm KDDI
<9433.T> said regulators had questioned it about its plans to
buy a stake in Japanese cable TV network J:Com from U.S.-based
cable operator Liberty Global <LBTYA.O> for about $4 billion.

Some legal experts have already raised doubts about the
legality of the deal, which was announced last week, saying KDDI
may need to make a public tender offer for Liberty’s 37.8
percent stake in Jupiter Telecommunications Co (J:Com) <4817.Q>.

Jan 28, 2010

Elpida, TSMC strong in Q3 as small rivals struggle

TOKYO Jan 28 (Reuters) – Chipmakers Elpida Memory Inc
<6665.T> and TSMC <2330.TW> posted strong third-quarter results
on Thursday amid a fragile industry recovery in which smaller
firms are struggling and fears are circulating of a supply glut.

Japanese DRAM maker Elpida said it would rein in output
after it made its biggest net profit in three years as larger
rivals Samsung Electronics Co <005930.KS> and Hynix
Semiconductor Inc <000660.KS> are surging ahead in their
investments to try and widen their leads.

Jan 27, 2010

NEC Elec Q3 loss smaller; car chip demand improves

TOKYO, Jan 27 (Reuters) – Japanese chipmaker NEC Electronics
Corp <6723.T> reported a quarterly net loss that was 29 percent
smaller than a year earlier, as the struggling chipmaker cut
spending on research and production.

Thanks to better demand for microcontrollers used in cars,
orders are gradually improving after sliding amid the global
economic slowdown, although they are still expected to fall short
of their April-September 2008 levels, it said.

Jan 26, 2010

Japan KDDI shares slide most in 15 mths on J:Com

TOKYO, Jan 26 (Reuters) – Shares in KDDI Corp <9433.T>,
Japan’s No.2 telecom firm, tumbled 9 percent on Tuesday, with
investors saying KDDI’s planned $4 billion investment in Japan’s
biggest cable network was too pricey.

With its cash purchase of a 38 percent stake in Jupiter
Telecommunications Co (J:Com) <4817.Q> from U.S. group Liberty
Global <LBTYA.O>, KDDI is seeking to grab a so-called triple play
provider – one that offers high-speed Internet access, television
and telephone services. [ID:nTOE60O06F]