Electronics makers struggling / Sharp, Panasonic, Sony seek replacement for mainstay TV production
Yomiuri -- Nov 03
It has become obvious that Japanese home electronics manufacturers, once champions in the industry, are now lagging far behind their foreign rivals, as Sharp Corp., Panasonic Corp. and Sony Corp. recorded huge after-tax losses in their half-year account settlements as of September 2012.
The three companies' after-tax losses totaled more than 1.1 trillion yen.
In all three companies, new presidents were appointed this fiscal year; in each case they implemented business reforms, mainly streamlining of TV production businesses, which had been the main cause of the losses.
But the companies have not found a profitable new business to replace TV production, and gaps with foreign rivals, which have gone on the offense by expanding their business scale, have continued to widen.
Shortly after arriving in Tokyo Wednesday night, U.S. President Barack Obama enjoyed an informal dinner with Japanese Prime Minister Shinzo Abe at a top-rated sushi restaurant in the posh Ginza shopping district. (Jiji Press )
The education ministry conducted national academic achievement tests on Tuesday for all final-year students at primary and middle schools across the country. About 2.24 million students at about 30,000 schools took Japanese and mathematics exams. (The Japan News )
Police in Neyagawa, Osaka Prefecture, admitted Wednesday that they mistakenly arrested a woman in her 20s over her suspected involvement in a blackmail case which occurred in January of this year. (Japan Today )
Tokyo High Court ordered the state and a former Maritime Self-Defense Force officer on Wednesday to pay 73 million yen in compensation for the 2004 suicide of a junior crewman of an MSDF destroyer after bullying by the officer. (Jiji Press )
The Imperial Household Agency announced this week that it has received over 100,000 applications from individuals seeking to participate in the first ever public opening of parts of the Imperial Palace. (Japan Today )
A former judge from the Ministry of Justice is alleged to have installed a camera inside a women's toilet inside a ministry building in Kasumigaseki, people with knowledge of the matter announced on Monday, reports Sports Nippon (Apr. 22). (Tokyo Reporter )
Police in Fuso, Aichi Prefecture, said Sunday they have arrested an unemployed 38-year-old man for attempted murder after he broke into the home of his ex-girlfriend and stabbed her and her parents. (Japan Today )