Toshiba in early talks with 10 potential buyout ‘partners’

Troubled conglomerate Toshiba said Friday it has been approached by 10 potential investors as it weighs going private, a move that would be highly unusual in corporate Japan. The engineering giant was once a symbol of the country’s industrial prowess, producing everything from rice cookers to laptops and nuclear plants. But more recently it has […]

World’s biggest YouTuber PewDiePie moves to Japan

The world’s top YouTube star, Swedish gaming streamer PewDiePie, has moved to Japan after the country relaxed its Covid-19 entry rules for some visa-holders. The 32-year-old has a huge online following, with 111 million subscribers on YouTube, but has faced controversy over offensive jokes in the past. He posted a video this week documenting his […]

Nissan reports first full-year net profit in three years

Nissan reported a positive full-year net profit for the first time in three years on Thursday, citing cost-saving efforts and a stronger US market, but issued cautious forecasts. The Japanese auto giant was on a rollercoaster even before the disruption caused by the pandemic and, more recently, the conflict in Ukraine. It had battled slowing […]

Tokyo’s stylish toilets inspire director Wim Wenders

by Katie Forster From American road trips to modern dance and the pope, German director Wim Wenders’ films are nothing if not eclectic, and his latest inspiration is Tokyo’s public toilets. The giant of European cinema is making a film about an urban renewal project in which top architects are transforming 17 dingy downtown loos […]

Toyota posts record full-year net profit, forecasts cautious

by Kyoko HASEGAWA Toyota on Wednesday posted a record full-year net profit helped by strong sales and a cheaper yen, but issued cautious forecasts as the pandemic and the war in Ukraine disrupt supply chains. The Japanese auto giant, which kept its crown as the world’s top-selling carmaker in 2021, reported a net profit of […]

‘Like family’: Japan’s virtual YouTubers make millions from fans

by Tomohiro OSAKI Mayu Iizuka sheds her soft-spoken personality and starts cackling, screaming and waving wildly in a makeshift studio in Tokyo as her avatar appears on a livestream before hundreds of fans. Virtual YouTubers like Iizuka, who voices and animates a character called Yume Kotobuki, have transformed a niche Japanese subculture into a thriving […]

Sweden’s Embracer buys ‘Tomb Raider,’ ‘Deus Ex’ rights

Swedish video game publisher Embracer said Monday it had acquired three development studios responsible for hit games such as “Tomb Raider” and “Deus Ex” from Japanese publisher Square Enix. The acquisition of the three North American studios Crystal Dynamics, Eidos-Montreal and Square Enix Montreal, totalled $300 million (285 million euros) and affects around 1,100 employees, […]

Japan’s ‘womenomics’ pioneer says mindsets must change

by Etienne BALMER Three million women joined Japan’s workforce in the past decade, and it’s at least partly thanks to top executive Kathy Matsui, who coined the “womenomics” catchphrase that inspired government policy. But with many women holding precarious part-time jobs, often in sectors hit hard by Covid-19, she says the world’s third largest economy […]

Japan’s ENEOS withdraws from Myanmar gas project

Japanese energy conglomerate ENEOS Holdings said Monday it will withdraw from a gas project in coup-hit Myanmar, days after its Thai and Malaysian partners announced they would pull out. ENEOS is the latest energy giant to retreat from the Southeast Asian country, whose military has waged a widespread crackdown on dissent since it ousted and […]

Globe pushes modernization of IP law in Philippines

Ayala-led Globe Telecom is supporting efforts to modernize the country’s intellectual property law. Several bills seeking to boost protection of intellectual property rights are pending in Congress. Among the amendments being sought include granting greater power to the Intellectual Property Office of the Philippines to take down or block online sites violating copyright laws, and […]