Nikon posts record net loss in FY2020 Japanese precision equipment maker Nikon, known around the world for its digital cameras, has reported its worst ever fiscal year performance, with sales taking a battering from the coronavirus pandemic. Nikon posted a record net loss of 34.4 billion yen, or about 314 million dollars, for the…
Japan’s government is trying to strengthen the country’s digital infrastructure, including data storage capacity. The COVID-19 pandemic is placing unprecedented pressure on existing services as more people work from home and companies turn to cloud computing. Discussions are underway about how to address the problem. Part of the impetus for change stems from a…
Indian digital payments firm Paytm is providing technological support to Japan’s payment app PayPay, which multinational conglomerate SoftBank is aiming to take public. Noida-based Paytm may also get some stake in PayPay. PayPay is a QR (quick response) code-based payment app. It is a joint venture between SoftBank and Yahoo Japan, with Paytm as…
GOTHENBURG, Sweden, May 12, 2021 /PRNewswire/ — Heliospectra AB, a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, announces a new reseller partnership with Harahara Inc., a long-term supplier of cultivation solutions, to represent Heliospectra’s market leading LED lighting and light control solutions for controlled environments agriculture and PFALs market in Japan….
Toyota posts $20 billion profit for FY2020 Japan’s Toyota Motor Corporation says the group’s net profit for the business year that ended this March rose to 2.2 trillion yen or approximately 20 billion dollars. Toyota revealed the figure in a financial summary that was released on Wednesday. The automaker’s production lines and sales were temporarily…
Japan’s new-vehicle market rebounded by over 29% to 349,895 units in April 2021 from weak year-earlier sales of 270,393 units, according to registration data released by the Japan Automobile Manufacturers Association. Business sentiment has improved significantly in the last two months, despite new measures introduced by the government to contain a recent surge in…
Gas power market drivers and a quest for relevance in future decarbonized systems are driving fundamental shifts in gas turbine combustion design approaches. Combustion lies at the heart of gas turbine technology. It provides the core function of adding heat, through a controlled burn of large amounts of fuel and air, to a gas…
Sony Group Corp. warned a group of analysts the PlayStation 5 will remain in short supply through 2022, suggesting the company will be constrained in its ability to boost sales targets for its latest games console. While reporting financial results in late April, the Japanese conglomerate said it had sold 7.8 million units of…
May 9, 2021, 9:00 PM·2 min readTOKYO, May 10, 2021 /PRNewswire/ — On May 7th, we are pleased to announce that TECHFUND has officially become a sponsor of the Digital Securities & Tokenization summit by Digishares scheduled on May 19th & 20th 2021. TECHFUND, a Japanese Technology Accelerator, signs a partnership with DigiSharesWith technology…
ZHAOQING, China – Xpeng Motors, a Chinese electric car startup, recently opened a large assembly plant in southeastern China and is building a matching factory nearby. It has announced plans for a third. Another Chinese electric car company, Nio, has opened one large factory in central China and is preparing to build a second…
