Nuremberg, Germany - Japan's Kyocera Mita Corporation announced takeover plans Tuesday for the German office services company Triumph-Adler AG.
The Osaka-based company said it would submit an offer of 1.90 euros (2.40 dollars) per share in order to secure around 60-75 per cent of the German firm's share capital.
Kyocera Mita already has a 29.9-per-cent stake in Triumph-Adler AG, the announcement said, adding that Triumph-Adler would remain a listed company.
Tokyo - Mazda Motor Corp plans to buy back a 20-per-cent stake from Ford Motor Co during Wednesday trading at the Tokyo Stock Exchange, the Japanese automaker said Tuesday.
With Mazda's buyback, Ford's stake would reduce to 13 per cent from the current 33.4 per cent in order to raise funds by selling Mazda shares.
Mazda was expected to purchase 96.8 million shares for 184 yen per share, worth a total of about 17.9 billion yen (185.18 million dollars), the company said.
But the two companies would continue their 30-year business partnership while keeping their joint ventures, Mazda said.
London, November 18: A manga comic version of Karl Marx’s anti-capitalist book ‘Das Kapital’ is all set to hit bookshelves in Japan.
The new book will present Marx’s complex ideas in such comical format that they will be very easy to understand.
The comic version Das Kapital will be published on December 5 by Tokyo-based publishing company East Press.
The printing of this book is being seen as a sign of resurgence of leftwing literature in Japan, reports the Telegraph.
With the world’s second largest economy sinking into recession, according to media reports, a boom in Communist Party membership and a fashionable revival of anti-capitalist literature is being observed in Japan.
Tokyo - As the Japanese government hopes to encourage consumption by cash handouts as part of its economic stimulus plan, concerns are spreading over whether the money would reach some of the most active consumers.
Prime Minister Taro Aso's administration decided in late October to allocate about 2 trillion yen (20.63 billion dollars) to Japan's households amid escalating global financial crisis.
Tokyo - A House of Councillors panel on Tuesday postponed deliberations on a bill to extend a counterterrorism refuelling mission that Japan is conducting in the Indian Ocean as the main opposition Democratic Party of Japan (DPJ) boycotted a vote.
Because deliberations on other bills were also postponed, the parliamentary session might be prolonged past November 30, when it was scheduled to adjourn.
Nuremberg, Germany - Japan's Kyocera Mita Corporation announced takeover plans Tuesday for the German office services company Triumph-Adler AG.
Tokyo - Mazda Motor Corp plans to buy back a 20-per-cent stake from Ford Motor Co during Wednesday trading at the Tokyo Stock Exchange, the Japanese automaker said Tuesday.
Tokyo - As the Japanese government hopes to encourage consumption by cash handouts as part of its economic stimulus plan, concerns are spreading over whether the money would reach some of the most active consumers.
Tokyo - Stocks closed lower Tuesday in Tokyo as overnight losses on Wall Street spurred concerns over a world recession.
Tokyo - A House of Councillors panel on Tuesday postponed deliberations on a bill to extend a counterterrorism refuelling mission that Japan is conducting in the Indian Ocean as the main opposition Democratic Party of Japan (DPJ) boycotted a vote.
