TOKYO -- Toshiba is thinking about taking Swiss smart meter unit Landis+Gyr public, as the embattled Japanese conglomerate rushes to generate cash for its turnaround. Toshiba on Monday said it may list the unit on the SIX Swiss Exchange by the end of ... ( read original story ...)
Smart meter maker Landis+Gyr plans IPO, sale still an option
ZURICH Swiss smart meter maker Landis+Gyr plans an initial public offering (IPO) in the third quarter as its owner, Japanese conglomerate Toshiba, scrambles to raise funds to cover losses at bankrupt U.S. nuclear unit Westinghouse. Under the plan ... ( read original story ...)
Nikkei edges up on solid business sentiment; Tokyo poll dampens sentiment
Tokyo shares posted modest gains on Monday, buoyed by an upbeat business sentiment survey and a stable dollar-yen exchange rate, but defeat for Japan's ruling party in a Tokyo poll checked investor risk appetite and capped the upside. In a closely-watched ... ( read original story ...)
Toshiba Mulls a Swiss IPO for Landis+Gyr by September
Toshiba, slated for demotion to the second board of the Tokyo stock exchange, now has until the end of March 2018 to shore up its balance sheet or face delisting. Why Toshiba Needs Cash Fast and What May Delay It: QuickTake Q&A It bought Landis+Gyr in 2011 ... ( read original story ...)
Japan economic surveys show recovery in manufacturing
Japanese manufacturers are planning to increase investment as demand for exports recovers, surveys showed Monday in upbeat news for Prime Minister Shinzo Abe as he copes with a major political setback following his party's defeat in Tokyo metropolitan ... ( read original story ...)
Japan PM’s party suffers historic defeat in Tokyo poll
Tokyo: Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP) suffered a historic defeat in an election in the Japanese capital on Sunday, signalling trouble ahead for the premier, who has suffered from slumping support because of a favouritism scandal. ( read original story ...)
Japanese airline apologizes for making handicapped man crawl up stairs
A Japanese airline apologized on Wednesday for forcing a wheelchair-bound man crawl up a flight of stairs to board his flight. Hideto Kijima, 44, said the incident occurred on June 5, during his return trip to Osaka, Japan, from the southern Japanese ... ( read original story ...)
Japan PM’s party suffers historic defeat in Tokyo poll, popular governor wins big
TOKYO (Reuters) - Prime Minister Shinzo Abe's Liberal Democratic Party suffered an historic defeat in an election in the Japanese capital on Sunday, signaling trouble ahead for the premier, who has suffered from slumping support because of a favoritism ... ( read original story ...)
Japan announces plans to land an astronaut on the Moon by 2030
Japan has announced plans to send an astronaut to the Moon by 2030, as part of a new strategy for space travel in the country. If successful, the mission would be the first time the Japanese Aerospace Exploration Agency (JAXA) has sent a human being ... ( read original story ...)
Japan PM’s party on track for big defeat in Tokyo election: exit polls
TOKYO (Reuters) - Prime Minister Shinzo Abe's Liberal Democratic Party (LDP) was on track for a stinging defeat in an election in the Japanese capital on Sunday, exit polls showed, signaling trouble for the Japanese leader, who is suffering from slumping ... ( read original story ...)
Trump, Japanese Leader to Increase Pressure on North Korea
Deputy Chief Cabinet Secretary Koichi Hagiuda told the Japanese news agency Kyodo, meanwhile, that Abe praised Trump for sanctions the United States imposed last week on a Chinese bank and individuals accused of laundering money for North Korea. ( read original story ...)
Japan business confidence hits three-year high: BOJ tankan
The headline diffusion index (DI) measuring big manufacturers' sentiment stood at plus 17 in June, the Bank of Japan's quarterly "tankan" survey showed on Monday, improving from plus 12 in the previous survey in March. It exceeded a median market forecast ... ( read original story ...)
‘No foreign tenants’ — and not much you can do about it
and also approached some real estate brokers to find out why Japanese property owners so often refuse to rent to foreign residents. Are their decisions based on racial prejudice or could there be any valid reasons to justify landlords’ aversion to ... ( read original story ...)
New law to guarantee the guarantor pays
According to a 2016 nationwide survey by the Japan Rental Property Management Association, 6.9 percent of tenants had been late with their payments at least once during the year, but only 2.7 percent had not paid rent a month after it was due, thus ... ( read original story ...)
Tokyo governor’s party heads for big win in city election
The new party of the Japanese capital's populist governor appeared headed for a thumping victory Sunday over Prime Minister Shinzo Abe's scandal-laden ruling party in a Tokyo assembly election that could alter national politics, with Abe's historic defeat ... ( read original story ...)
Toshiba looks to raise money with Landis+Gyr IPO
The Japanese group is also aiming to raise about $20bn from the ... One Zurich-based banker said conditions were ripe for an IPO of Landis+Gyr because Swiss investors were “sitting on piles of cash” after the delistings of Syngenta, the agribusiness ... ( read original story ...)