Japan

Fujitsu in red for past fiscal year on semiconductor-sales decline

Fujitsu in red for past fiscal year on semiconductor-sales decline Tokyo - Fujitsu Ltd said Thursday that it fell into the red in the past fiscal year because of a drop in semiconductor sales and losses incurred in its hard-disk-drive division.

The Japanese electronics company suffered a net loss of 112.39 billion yen (1.16 billion dollars) in the year that ended March 31, a turnaround from a profit the year before of 48.1 billion yen.

Its operating profit plunged 66.5 per cent to 68.77 billion yen, and its sales dropped 12 per cent to 4.69 trillion yen, the firm said.

Toshiba's Westinghouse to buy majority stake in nuclear fuel firm

Toshiba's Westinghouse to buy majority stake in nuclear fuel firmTokyo - Japanese electronics company Toshiba Corp on Thursday announced its US unit Westinghouse Electric Co would acquire a 52-per-cent stake in Nuclear Fuel Industries (NFI) to increase competitiveness in bidding for construction of nuclear power plants.

Westinghouse plans to buy a 26-per-cent stake each from Furukawa Electric Co and Sumitomo Electric Industries, which together own Nuclear Fuel Industries, for about
10 billion yen (103 million dollars) in May, Toshiba said.

Media Type: Text Bank of Japan holds key interest rate unchanged at 0.1 per cent

Media Type: Text Bank of Japan holds key interest rate unchanged at 0.1 per cent

Japan's March industrial output up, first growth in six months

Japan's March industrial output up, first growth in six months Tokyo - Japan's industrial output in March marked the first growth in six months, thanks to increased production in the high-tech and machinery sectors, the government said Thursday.

The March output rose 1.6 per cent in seasonally-adjusted terms, following a 9.4-per-cent drop in February and a record 10.2-per-cent fall in January, the Ministry of Economy, Trade and Industry said in a preliminary report.

Japan sets up fever clinics in preparation for swine flu outbreak

Japan sets up fever clinics in preparation for swine flu outbreakTokyo - Japan will set up fever clinics across the nation to treat patients with swine flu if the disease reaches Japan, a ministry official said Thursday.

The government's plan to designate some medical facilities as fever clinics was intended to prevent in-hospital spread of flu infections, according to the Health, Welfare and Labour Ministry.

Japanese puff on electronic cigarettes

Japanese puff on electronic cigarettesTokyo - Japanese smokers bent on

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