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Jun 28, 2011

Tepco shareholder vote may determine nuclear fate

TOKYO (Reuters) – Tokyo Electric Power Co shareholders gathered in record numbers on Tuesday for an annual meeting that will vote on a stockholder motion calling for the utility to abandon nuclear power.

Although proposed annually by anti-nuclear activist shareholders, the proposal to scrap nuclear power this year takes on greater resonance with radiation still escaping from damaged reactors at the utility’s plant in Fukushima, 240 kilometres (150 miles) north of the capital.

Jun 28, 2011

Tepco shareholders meeting starts amid nuclear

TOKYO (Reuters) – Tokyo Electric Power Co (9501.T: Quote, Profile, Research, Stock Buzz) shareholders gathered on Tuesday for their annual meeting, to vote on new board appointments and decide a stockholder motion calling for the utility to abandon nuclear power.

Although proposed annually by anti-nuclear activist shareholders, the proposal to scrap all reactors this year takes on greater resonance with radiation still escaping from reactors at its plant in Fukushima, 240 km (150 miles) north of the capital.

Jun 28, 2011

Tepco shareholders meeting starts amid nuclear misgivings

TOKYO, June 28 (Reuters) – Tokyo Electric Power Co
shareholders gathered on Tuesday for their annual meeting, to
vote on new board appointments and decide a stockholder motion
calling for the utility to abandon nuclear power.

Although proposed annually by anti-nuclear activist
shareholders, the proposal to scrap all reactors this year takes
on greater resonance with radiation still escaping from reactors
at its plant in Fukushima, 240 km (150 miles) north of the
capital.

Jun 27, 2011

Tokyo Elec shareholders to gather amid nuclear misgivings

TOKYO, June 28 (Reuters) – Tokyo Electric Power Co
shareholders gather on Tuesday for their annual meeting, to vote
on new board appointments and decide a stockholder motion
calling for the utility to abandon nuclear power.

Although proposed annually by anti-nuclear activist
shareholders, the proposal to scrap all reactors this year takes
on greater resonance with radiation still escaping from reactors
at its plant in Fukushima, 240 km (150 miles) north of the
capital.

Jun 23, 2011

SMFG says quake to spur manufacturing consolidation

TOKYO (Reuters) – Sumitomo Mitsui Financial Group (8316.T: Quote, Profile, Research, Stock Buzz) expects increased consolidation in Japanese manufacturing and other sectors as businesses scramble to diversify geographically in the wake of the March 11 disaster.

“Companies have started to diversify their risks. We are going to see those with a geographical focus in eastern Japan merging with west Japan firms,” Koichi Miyata, SMFG’s president and chief executive officer, said at the Reuters Rebuilding Japan Summit in Tokyo on Wednesday.

Jun 22, 2011

SMFG says quake to spur mfg consolidation

TOKYO (Reuters) – Sumitomo Mitsui Financial Group (8316.T: Quote, Profile, Research, Stock Buzz) expects increased consolidation in Japanese manufacturing and other sectors as businesses scramble to diversify geographically in the wake of the March 11 disaster.

“Companies have started to diversify their risks. We are going to see those with a geographical focus in eastern Japan merging with west Japan firms,” Koichi Miyata, SMFG’s president and chief executive officer, said at the Reuters Rebuilding Japan Summit in Tokyo on Wednesday.

Jun 22, 2011

Seven & I likely to raise profit outlook

TOKYO (Reuters) – Japanese retailer Seven & I (3382.T: Quote, Profile, Research, Stock Buzz) said on Wednesday it is likely to raise its full-year profit forecast given stronger-than-expected sales growth after the March 11 earthquake and tsunami.

“We have seen very solid results so far,” Noritoshi Murata, president of Japan’s largest retailer, told the Reuters Rebuilding Japan Summit in Tokyo.

Jun 22, 2011

Reuters Summit-UPDATE 1-Seven & I likely to raise profit outlook

TOKYO, June 22 (Reuters) – Japanese retailer Seven & I
(3382.T: Quote, Profile, Research) said on Wednesday it is likely to raise its full-year
profit forecast given stronger-than-expected sales growth after
the March 11 earthquake and tsunami.

“We have seen very solid results so far,” Noritoshi Murata,
president of Japan’s largest retailer, told the Reuters
Rebuilding Japan Summit in Tokyo.

Jun 20, 2011

Japan’s Lawson plans new Asia entry

TOKYO (Reuters) – Lawson Inc (2651.T: Quote, Profile, Research, Stock Buzz), Japan’s No.2 convenience store chain, said on Monday it plans to open a store in a third city in China in August as it steps up overseas expansion to tap strong growth in Asia.

Takeshi Niinami, Lawson’s president and CEO, told the Reuters Rebuilding Japan Summit in Tokyo that the company is also getting ready to open its first store in a Southeast Asian country.

Jun 20, 2011

Reuters Summit-UPDATE 1-Japan’s Lawson plans new Asia entry in August

TOKYO, June 20 (Reuters) – Lawson Inc (2651.T: Quote, Profile, Research), Japan’s No.2
convenience store chain, said on Monday it plans to open a store
in a third city in China in August as it steps up overseas
expansion to tap strong growth in Asia.

Takeshi Niinami, Lawson’s president and CEO, told
the Reuters Rebuilding Japan Summit in Tokyo that the company is
also getting ready to open its first store in a Southeast Asian
country.