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Sharp expected to post 200 bil. yen net loss

OSAKA, March 3 Kyodo - The headquarters of Japanese electronics maker Sharp Corp. stands in the city of Osaka, western Japan, on March 3, 2015. The company is expected to incur about 200 billion yen ($1.7 billion) in group net loss for the fiscal year to March 31 as it is considering additional restructuring steps, including the closure of four factories in Hiroshima Prefecture, sources close to the matter said the same day.

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Toshiba to spend annual 200 bil. yen in chip business

NAGOYA, Japan - Hisao Tanaka, chief executive officer of Toshiba Corp., says at a press conference in Yokkaichi, Mie Prefecture, his company plans to maintain annual capital spending of around 200 billion yen in its chip business in fiscal 2014 and following years to meet solid demand for smartphones and tablet devices.

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Panasonic eyes 200 bil. yen sales in care business in FY2025

OSAKA, Japan - Panasonic Corp. envisages expanding sales in its elderly care-related business to the 200 billion-yen (about $1.91 billion as of Sept. 2, 2014) level in fiscal 2025 as increased demand is expected from aging postwar baby boomers. Employees conduct maintenance of a care bed at its Osaka Rental Center in Osaka Prefecture's Kadoma on Aug. 29, 2014.

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Renesas to receive up to 200 bil. yen bailout

TOKYO, Japan - Yasushi Akao, president of Renesas Electronics Corp., speaks at a press conference in Tokyo on Dec. 10, 2012. Struggling Japanese chipmaker Renesas Electronics said the same day it will receive up to 200 billion yen in aid from a government-backed fund and private-sector firms to turn around its faltering business.

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Sony-Olympus tie-up

TOKYO, Japan - Sony Corp. Kazuo Hirai (L) and Olympus Corp. President Hiroyuki Sasa hold a press conference in Tokyo on Oct. 1, 2012, on their new tie-up. Hirai said his company aims to achieve sales of more than 200 billion yen from the medical business through the new tie-up.

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Sony-Olympus tie-up

TOKYO, Japan - Sony Corp. Kazuo Hirai (L) and Olympus Corp. President Hiroyuki Sasa shake hands in a press conference in Tokyo on Oct. 1, 2012, on their new tie-up. Hirai said his company aims to achieve sales of more than 200 billion yen from the medical business through the new tie-up.

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Toyota raises profit, sales estimates

TOKYO, Japan - Toyota Motor Corp. Senior Managing Officer Takahiko Ijichi speaks during a press conference in Tokyo on Feb. 7, 2012. The automaker said it has raised its group net profit forecast for the business year through March 31, 2012, to 200 billion yen, up 11.1 percent from its previous estimate, citing progress in its cost-reduction measures.

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Panasonic president in India

MUMBAI, India - Fumio Otsubo, president of Panasonic Corp., speaks during a press conference in Mumbai, India, on the company's new televisions on April 12, 2011. The Japanese electronics giant is aiming to achieve 200 billion yen in sales in India in fiscal 2012.

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Gov't to double credit line for Japan Airlines to 200 bil. yen

TOKYO, Japan - Land, Infrastructure, Transport and Tourism Minister Seiji Maehara speaks to reporters at the prime minister's office in Tokyo on Jan. 3, 2010, after a meeting of Cabinet ministers in charge of a bailout for Japan Airlines Corp. The meeting decided that the state-owned Development Bank of Japan will double its credit line for JAL to 200 billion yen as a stopgap measure to keep the cash-strapped carrier afloat by the time its state-backed bailout is worked out later this month.

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Mitsubishi Chemical agrees to acquire Mitsubishi Rayon

TOKYO, Japan - Yoshimitsu Kobayashi (L), president of Mitsubishi Chemical Holdings Corp., and Masanao Kambara, president of Mitsubishi Rayon Co., shake hands during a press conference at a hotel in Tokyo on Nov. 19, 2009, at which they announced that Mitsubishi Chemical is aiming to turn Mitsubishi Rayon into a wholly owned subsidiary by next March in a deal that could be worth around 200 billion yen.

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Asahi Breweries seeking to quadruple overseas sales to 200 bil. yen

TOKYO, Japan - Asahi Breweries President Hitoshi Ogita speaks during a recent interview with Kyodo News in Tokyo. Asahi Breweries Ltd. will seek to quadruple its annual overseas sales from 50 billion yen at present to 200 billion yen through aggressive mergers and acquisitions, Ogita said.

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Suntory to step up overseas operations

OSAKA, Japan - Suntory Ltd. President Nobutada Saji speaks in a recent interview with Kyodo News in Tokyo. Saji said his company plans to spend about 200 billion yen on mergers and acquisitions of beverage and food makers, mainly in Asia and Oceania, to strengthen its overseas operations.

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Sharp to quadruple LCD panel output

TOKYO, Japan - Sharp Corp. President Katsuhiko Machida said in Tokyo on Jan. 11 that his company will spend an additional 200 billion yen to quadruple the production capacity of its liquid crystal display panel factory in Kameyama, Mie Prefecture. The capital spending will enable the factory to produce 22 million LCD panels a year, starting in fiscal 2008.

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Ripplewood poised to buy Japanese firms

NEW YORK, United States - Ripplewood Holdings LLC Chief Executive Officer Tim Collins speaks in an interview with Kyodo News at the company headquarters in New York on June 7. He said Ripplewood plans to spend up to 200 billion yen more over the next three years to purchase Japanese companies.

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'Dream Jumbo' lottery tickets go on sale nationwide

TOKYO, Japan - People form long lines in front of lottery ticket booths in Tokyo's Ginza district May 14 to buy tickets for the ''Dream Jumbo'' lottery. Tickets for the lottery, with 43 top prizes of 200 million yen and 129 second prizes of 100 million yen each, went on sale nationwide. The lottery operator said it expects to sell 129 billion yen worth of tickets by June 1.

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Gov't forgives part of Sogo's 200 bil. yen debts

TOKYO, Japan - (From L to R) Vice President Tadashi Natori and President Kyoichi Yamada of Sogo Co. bow their heads at a news conference June 30 after the state-run Deposit Insurance Corp. (DIC) announced it will purchase and forgive part of 200 billion yen in loans to the ailing department store operator.

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Sumitomo Realty to sell Shinjuku Sumitomo Building

TOKYO, Japan - Photo shows the Shinjuku Sumitomo Building which Sumitomo Realty and Development Co. plans to sell as part of its management improvement plan aimed at realizing a debut reduction of 200 billion yen by the end of fiscal 1999. The major real estate developer owns some 60 percent of the building, including its land, and plans to sell its owned portion in a securitized form by the end of this year.

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Mita Industrial searched over illegal dividends

Prosecutors and police search the offices of failed photocopier maker Mita Industrial Co. on Oct. 13 on suspicion it paid dividends to shareholders while in the red. Some former executives of the Osaka-based, unlisted company violated the Commercial Code by paying dividends after window-dressing the firm's earnings reports, investigative sources claimed. The company applied Aug. 10 for rescue under the Corporate Rehabilitation Law, effectively going under with debts of more than 200 billion yen.

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Forest Sea's long-range wireless terminal "Geochat".

Forest Sea (Koto-ku, Tokyo) will launch a long-range wireless terminal called "Geochat" this fall to prevent mountain climbers and forestry workers from getting lost. It is capable of two-way communication of up to 200 kilometers in a clear environment with no obstacles. Even when cell phones are out of range, such as in mountainous areas, workers can carry the terminal to send location information and emergency requests. The company is aiming for sales of more than 5 billion yen in the communication terminal business in five years. 920 megahertz (mega means one million) band radio waves with an output of 250 milliwatts will be transmitted over a long distance. It can reach more than 200 kilometers in a clear environment. Three repeaters were able to cover the mountainous area of Hakone, sending text of about 30 characters and location information from the Global Positioning System (GPS). Photo taken on July 18, 2019, credit: Nikkan Kogyo Shimbun / Kyodo News Images

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Suntory to step up overseas operations

OSAKA, Japan - Suntory Ltd. President Nobutada Saji speaks in a recent interview with Kyodo News in Tokyo. Saji said his company plans to spend about 200 billion yen on mergers and acquisitions of beverage and food makers, mainly in Asia and Oceania, to strengthen its overseas operations. (Kyodo)

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Asahi Breweries seeking to quadruple overseas sales to 200 bil. y

TOKYO, Japan - Asahi Breweries President Hitoshi Ogita speaks during a recent interview with Kyodo News in Tokyo. Asahi Breweries Ltd. will seek to quadruple its annual overseas sales from 50 billion yen at present to 200 billion yen through aggressive mergers and acquisitions, Ogita said. (Kyodo)

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Sharp to quadruple LCD panel output

TOKYO, Japan - Sharp Corp. President Katsuhiko Machida said in Tokyo on Jan. 11 that his company will spend an additional 200 billion yen to quadruple the production capacity of its liquid crystal display panel factory in Kameyama, Mie Prefecture. The capital spending will enable the factory to produce 22 million LCD panels a year, starting in fiscal 2008. (Kyodo)

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Nissan to take 30% stake in Mitsubishi Motors

Photo taken May 12, 2016, shows the headquarters of Nissan Motor Co. in Yokohama, near Tokyo. It was reported that Nissan is poised to take a more than 30 percent stake in Mitsubishi Motors Corp., which has been hit by a scandal over its rigging of fuel efficiency data, for over 200 billion yen ($1.8 billion). (Kyodo) ==Kyodo

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Nissan to take 30% stake in Mitsubishi Motors

Photo taken May 12, 2016, from a Kyodo News helicopter shows the headquarters of Nissan Motor Co. in Yokohama, near Tokyo. It was reported that Nissan is poised to take a more than 30 percent stake in Mitsubishi Motors Corp., which has been hit by a scandal over its rigging of fuel efficiency data, for over 200 billion yen ($1.8 billion). (Kyodo) ==Kyodo

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Nissan to take 30% stake in Mitsubishi Motors

Photo taken May 12, 2016, shows the headquarters of Nissan Motor Co. in Yokohama, near Tokyo. It was reported that Nissan is poised to take a more than 30 percent stake in Mitsubishi Motors Corp., which has been hit by a scandal over its rigging of fuel efficiency data, for over 200 billion yen ($1.8 billion). (Kyodo) ==Kyodo

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Nissan to take 30% stake in Mitsubishi Motors

Photo taken May 12, 2016, shows the Tokyo headquarters of Mitsubishi Motors Corp. It was reported on May 11 that Nissan Motor Co. is poised to take a more than 30 percent stake in Mitsubishi Motors, which has been hit by a scandal over its rigging of fuel efficiency data, for over 200 billion yen ($1.8 billion). (Kyodo) ==Kyodo

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Nissan to take 30% stake in Mitsubishi Motors

Photo taken May 12, 2016, from a Kyodo News helicopter shows the Tokyo headquarters of Mitsubishi Motors Corp. It was reported that Nissan Motor Co. is poised to take a more than 30 percent stake in Mitsubishi Motors, which has been hit by a scandal over its rigging of fuel efficiency data, for over 200 billion yen ($1.8 billion). (Kyodo) ==Kyodo

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Nissan to take 30% stake in Mitsubishi Motors

Photo taken May 12, 2016, shows the headquarters of Nissan Motor Co. in Yokohama, near Tokyo. It was reported that Nissan is poised to take a more than 30 percent stake in Mitsubishi Motors Corp., which has been hit by a scandal over its rigging of fuel efficiency data, for over 200 billion yen ($1.8 billion). (Kyodo) ==Kyodo

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Nissan to take 30% stake in Mitsubishi Motors

Photo taken May 12, 2016, shows the Tokyo headquarters of Mitsubishi Motors Corp. It was reported on May 11 that Nissan Motor Co. is poised to take a more than 30 percent stake in Mitsubishi Motors, which has been hit by a scandal over its rigging of fuel efficiency data, for over 200 billion yen ($1.8 billion). (Kyodo) ==Kyodo

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Nissan to take 30% stake in Mitsubishi Motors

A bulletin board in Tokyo shows a blank for Mitsubishi Motors Corp.'s share price on May 12, 2016, as it did not get any bids due to massive buying orders in the wake of reports that Nissan Motor Co. is poised to take a more than 30 percent stake in Mitsubishi Motors, which has been hit by a scandal over its rigging of fuel efficiency data, for over 200 billion yen ($1.8 billion). (Kyodo) ==Kyodo

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Nissan to take 30% stake in Mitsubishi Motors

File photo taken April 22, 2016, shows the Tokyo headquarters of Mitsubishi Motors Corp. It was reported on May 11 that Nissan Motor Co. is poised to take a more than 30 percent stake in Mitsubishi Motors, which has been hit by a scandal over its rigging of fuel efficiency data, for over 200 billion yen ($1.8 billion). (Kyodo) ==Kyodo

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Sharp to incur net loss of 200 billion yen for fiscal 2015

File photo taken in September 2012 shows Sharp Corp.'s Kameyama plant, the company's stronghold for its liquid crystal businesses, in central Japan. It was reported on March 29, 2016, that the struggling electronics maker is expected to report a net loss of around 200 billion yen for the full year through March amid a slump in its mainstay liquid crystal display business. (Kyodo) ==Kyodo

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U.S. agency fines Takata up to $200 million

Shigehisa Takada (C), president and CEO of Japanese parts supplier Takata Corp., and other company officials bow in apology during a press conference in Tokyo on Nov. 4, 2015. U.S. auto safety regulators announced earlier that it will fine the company up to $200 million (24.2 billion yen), accelerate the recall process to replace the company's faulty air bag inflators and order it to stop using an unstable chemical linked to the defect. (Kyodo) ==Kyodo

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U.S. agency fines Takata up to $200 million

Shigehisa Takada, president and CEO of Japanese parts supplier Takata Corp., attends a press conference in Tokyo on Nov. 4, 2015, following the announcement by U.S. auto safety regulators that it will fine the company up to $200 million (24.2 billion yen), accelerate the recall process to replace the company's faulty air bag inflators and order it to stop using an unstable chemical linked to the defect. (Kyodo) ==Kyodo

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U.S. agency fines Takata up to $200 million

Shigehisa Takada, president and CEO of Japanese parts supplier Takata Corp., attends a press conference in Tokyo on Nov. 4, 2015, following the announcement by U.S. auto safety regulators that it will fine the company up to $200 million (24.2 billion yen), accelerate the recall process to replace the company's faulty air bag inflators and order it to stop using an unstable chemical linked to the defect. (Kyodo) ==Kyodo

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Panasonic president in India

MUMBAI, India - Fumio Otsubo, president of Panasonic Corp., speaks during a press conference in Mumbai, India, on the company's new televisions on April 12, 2011. The Japanese electronics giant is aiming to achieve 200 billion yen in sales in India in fiscal 2012. (Kyodo)

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Toyota raises profit, sales estimates

TOKYO, Japan - Toyota Motor Corp. Senior Managing Officer Takahiko Ijichi speaks during a press conference in Tokyo on Feb. 7, 2012. The automaker said it has raised its group net profit forecast for the business year through March 31, 2012, to 200 billion yen, up 11.1 percent from its previous estimate, citing progress in its cost-reduction measures. (Kyodo)

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Toshiba to spend annual 200 bil. yen in chip business

NAGOYA, Japan - Hisao Tanaka, chief executive officer of Toshiba Corp., says at a press conference in Yokkaichi, Mie Prefecture, his company plans to maintain annual capital spending of around 200 billion yen in its chip business in fiscal 2014 and following years to meet solid demand for smartphones and tablet devices. (Kyodo)

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Panasonic eyes 200 bil. yen sales in care business in FY2025

OSAKA, Japan - Panasonic Corp. envisages expanding sales in its elderly care-related business to the 200 billion-yen (about $1.91 billion as of Sept. 2, 2014) level in fiscal 2025 as increased demand is expected from aging postwar baby boomers. Employees conduct maintenance of a care bed at its Osaka Rental Center in Osaka Prefecture's Kadoma on Aug. 29, 2014. (Kyodo)

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'Dream Jumbo' lottery tickets go on sale nationwide

TOKYO, Japan - People form long lines in front of lottery ticket booths in Tokyo's Ginza district May 14 to buy tickets for the ''Dream Jumbo'' lottery. Tickets for the lottery, with 43 top prizes of 200 million yen and 129 second prizes of 100 million yen each, went on sale nationwide. The lottery operator said it expects to sell 129 billion yen worth of tickets by June 1.

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Gov't to double credit line for Japan Airlines to 200 bil. yen

TOKYO, Japan - Land, Infrastructure, Transport and Tourism Minister Seiji Maehara speaks to reporters at the prime minister's office in Tokyo on Jan. 3, 2010, after a meeting of Cabinet ministers in charge of a bailout for Japan Airlines Corp. The meeting decided that the state-owned Development Bank of Japan will double its credit line for JAL to 200 billion yen as a stopgap measure to keep the cash-strapped carrier afloat by the time its state-backed bailout is worked out later this month. (Kyodo)

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Mitsubishi Chemical agrees to acquire Mitsubishi Rayon

TOKYO, Japan - Yoshimitsu Kobayashi (L), president of Mitsubishi Chemical Holdings Corp., and Masanao Kambara, president of Mitsubishi Rayon Co., shake hands during a press conference at a hotel in Tokyo on Nov. 19, 2009, at which they announced that Mitsubishi Chemical is aiming to turn Mitsubishi Rayon into a wholly owned subsidiary by next March in a deal that could be worth around 200 billion yen. (Kyodo)

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Ripplewood poised to buy Japanese firms

NEW YORK, United States - Ripplewood Holdings LLC Chief Executive Officer Tim Collins speaks in an interview with Kyodo News at the company headquarters in New York on June 7. He said Ripplewood plans to spend up to 200 billion yen more over the next three years to purchase Japanese companies.

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Gov't forgives part of Sogo's 200 bil. yen debts

TOKYO, Japan - (From L to R) Vice President Tadashi Natori and President Kyoichi Yamada of Sogo Co. bow their heads at a news conference June 30 after the state-run Deposit Insurance Corp. (DIC) announced it will purchase and forgive part of 200 billion yen in loans to the ailing department store operator.

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FRC OK's write-off of Sogo's debt

TOKYO, June 30 Kyodo - Noboru Matsuda, head of the state-run Deposit Insurance Corp. (DIC), speaks at a news conference June 30 following approval by the government's Financial Reconstruction Commission (FRC) of the proposed purchase and partial write-off by DIC of 200 billion yen in loans to financially troubled department store operator Sogo Co.

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Prosecutors demand prison terms for Yamaichi ex-execs

TOKYO, Japan - Atsuo Miki, former president of collapsed Yamaichi Securities Co., enters the Tokyo District Court on Nov. 19. Prosecutors demanded a four-year prison term for Miki, 64, for concealing losses of over 200 billion yen and paying illegal dividends to shareholders. They also demanded a three-year prison term for former Yamaichi Chairman Tsugio Yukihira, 68, for the same charges.

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Sumitomo Realty to sell Shinjuku Sumitomo Building

TOKYO, Japan - Photo shows the Shinjuku Sumitomo Building which Sumitomo Realty and Development Co. plans to sell as part of its management improvement plan aimed at realizing a debut reduction of 200 billion yen by the end of fiscal 1999. The major real estate developer owns some 60 percent of the building, including its land, and plans to sell its owned portion in a securitized form by the end of this year.

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Mita Industrial searched over illegal dividends

Prosecutors and police search the offices of failed photocopier maker Mita Industrial Co. on Oct. 13 on suspicion it paid dividends to shareholders while in the red. Some former executives of the Osaka-based, unlisted company violated the Commercial Code by paying dividends after window-dressing the firm's earnings reports, investigative sources claimed. The company applied Aug. 10 for rescue under the Corporate Rehabilitation Law, effectively going under with debts of more than 200 billion yen. ==Kyodo