Sharp Corp. plans to slash several thousand jobs through early retirement and take other measures in the face of massive after-tax consolidated losses for the April-June period this year, the first large-scale downsizing for the major electrical appliance manufacturer.
In April, Sharp forecast an after-tax consolidated loss of 30 billion yen for the year ending in March 2013. However, the firm will have to revise this projection downward because it will have to include funds for restructuring measures. The after-tax loss for the quarter is expected to be almost double the loss of 49.2 billion yen chalked up for the same period last year.
Sharp will seek applicants for early retirement both at home and abroad, including Europe, and will start negotiations with its labor unions over its downsizing plans shortly. Sharp has a worldwide workforce of about 56,000.
China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. (Reuters )
Shukan Post (May 24) conveys the difficulties experienced by other parts of the adult-entertainment biz in servicing customers from the communist nation.
A deri heru (“delivery health”) call-girl tells the tabloid that she is often requested to arrive at major hotels in the Shinjuku and Ikebukuro entertainment areas of Tokyo by Chinese visitors. (Tokyo Reporter)