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JAL Chairman Shinmachi to step down

TOKYO, Japan - Japan Airlines Corp. said Feb. 8 that Chairman Toshiyuki Shinmachi (in file photo) will step down to rejuvenate the leadership of Japan's top airline, now that its business appears to be recovering. Shinmachi's successor has yet to be decided and the chairman's post will be vacant for now, it said.

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Sony's mobile business to reduce costs by 30% by March 2017

TOKYO, Japan - Hiroki Totoki, president of Sony Mobile Communications Inc., speaks at a meeting with investors and analysts in Tokyo's Minato Ward on Nov. 25, 2014. Totoki, who assumed the post on Nov. 16, said Sony Corp.'s mobile communication business aims to cut costs by 30 percent by March 2017 to meet its goal of turning the money-losing segment to profitability.

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Sharp develops table-type touch panel display

OSAKA, Japan - A table-type touch panel display developed by Sharp Corp. is shown in Osaka, western Japan, on Oct.8, 2014. A special optical sensor pen is used to write on the display, which has been delivered to three Japan Post Bank branches on a trial basis.

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Sharp to log losses over business reforms in Europe

OSAKA, Japan - Tetsuo Onishi, executive vice president of Sharp Corp., answers reporters' questions after a press conference in Osaka on Sept. 26, 2014. The company said it will post at least 6.4 billion yen in charges during the current business year to reorganize its business operations in Europe.

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JX, MHI to launch CO2 capture project for Texas oil field

TOKYO, Japan - JX Nippon Oil & Gas Exploration Corp. President Shunsaku Miyake (L) and Atsushi Maekawa, senior executive vice president of Mitsubishi Heavy Industries Ltd., meet the press in Tokyo on July 15, 2014. MHI has received an order for the world's largest post-combustion CO2 capture system for an enhanced oil recovery project in Texas which is being primarily promoted by NRG Energy, Inc. and JX Nippon.

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Watanabe becomes JBIC governor

TOKYO, Japan - Hiroshi Watanabe (L), new governor of the Japan Bank for International Cooperation, along with his predecessor Hiroshi Okuda (R), a former president of Toyota Motor Corp., attend a press conference in Tokyo on Dec. 26, 2013. Watanabe served as head of the International Bureau of the Finance Ministry and vice minister for international affairs before becoming JBIC's executive managing director, the No. 2 post at the institution, in April 2012.

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Japan Post new president

TOKYO, Japan - File photo shows Taizo Nishimuro. Japan Post Holdings Co. on May 22, 2013, announced a plan to appoint former Toshiba Corp. Chairman Nishimuro, who currently serves as chairman of a committee to oversee progress in the privatization of the postal system, as its president to replace Atsuo Saka.

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Nishimuro tapped as Japan Post head

TOKYO, Japan - Combination photo shows Atsuo Saka (L), president of Japan Post Holdings Co., and Taizo Nishimuro, a former head of Toshiba Corp. The government is considering replacing Saka with Nishimuro in June 2013, only six months after Saka assumed the post at the state-owned firm, government sources said May 10.

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Toshiba announces next president

TOKYO, Japan - (From L) Toshiba Corp.'s Atsutoshi Nishida, chairman, Hisao Tanaka, corporate senior executive vice president, and Norio Sasaki, president, join hands in Tokyo on Feb. 26, 2013. The company announced the same day it will promote Tanaka to president and Sasaki will assume the new post of vice chairman in June.

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Toshiba announces next president

TOKYO, Japan - Hisao Tanaka, corporate senior executive vice president of Toshiba Corp., holds a press conference in Tokyo on Feb. 26, 2013, after the company announced it will promote Tanaka to president, replacing Norio Sasaki, who will assume the new post of vice chairman in June.

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Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

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Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

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Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

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Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

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Sudo to resign as chairman of NHK board of governors

TOKYO, Japan - The chairman of public broadcaster Japan Broadcasting Corp.'s board of governors, Fumio Sudo, speaks during a press conference in Tokyo on May 24, 2012. Sudo said he will resign from the post amid criticism that his recent appointment as an outside board member of the operator of the crisis-hit Fukushima Daiichi nuclear plant could jeopardize public confidence in the impartiality and fairness of the public broadcaster's news reporting.

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Sudo to resign as chairman of NHK board of governors

TOKYO, Japan - The chairman of public broadcaster Japan Broadcasting Corp.'s board of governors, Fumio Sudo, speaks during a press conference in Tokyo on May 24, 2012. Sudo said he will resign from the post amid criticism that his recent appointment as an outside board member of the operator of the crisis-hit Fukushima Daiichi nuclear plant could jeopardize public confidence in the impartiality and fairness of the public broadcaster's news reporting.

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Sudo to resign as chairman of NHK board of governors

TOKYO, Japan - The chairman of public broadcaster Japan Broadcasting Corp.'s board of governors, Fumio Sudo, speaks during a press conference in Tokyo on May 24, 2012. Sudo said he will resign from the post amid criticism that his recent appointment as an outside board member of the operator of the crisis-hit Fukushima Daiichi nuclear plant could jeopardize public confidence in the impartiality and fairness of the public broadcaster's news reporting.

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New Sony President Hirai

TOKYO, Japan - Kazuo Hirai, the new president of Sony Corp., speaks at a press conference at the company's headquarters in Tokyo on April 5, 2012. Hirai assumed the post April 1 in promotion from the post of executive deputy president.

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Panasonic to log record 780 bil. yen net loss

TOKYO, Japan - Panasonic Corp. President Fumio Otsubo speaks during a press conference in Tokyo on Feb. 3, 2012. Panasonic said it expects to post its biggest-ever group net loss of 780 billion yen for the business year to March 31, 2012, due to the adverse impact of the flooding in Thailand in 2011 and a write-off related to the acquisition of Sanyo Electric Co.

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Panasonic to log record 780 bil. yen net loss

TOKYO, Japan - Panasonic Corp. President Fumio Otsubo answers reporters' questions during a press conference in Tokyo on Feb. 3, 2012. Panasonic said it expects to post its biggest-ever group net loss of 780 billion yen for the business year to March 31, 2012, due to the adverse impact of the flooding in Thailand in 2011 and a write-off related to the acquisition of Sanyo Electric Co.

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Ex-Olympus CEO Woodford

TOKYO, Japan - Undated file photo shows Michael Woodford, former chief executive officer and president of Olympus Corp. The Briton, who was ousted from the post, said Oct. 28, 2011, that he had spoken to the Federal Bureau of Investigation regarding the Japanese firm's questionable acquisition of a British medical equipment maker.

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China to send mission to Japan's disaster-hit areas

BEIJING, China - Toyota Motor Corp. Chairman Fujio Cho (R), who led a Japanese business delegation to China, shakes hands with Chinese Vice Commerce Minister Fu Ziying in Beijing on Sept. 5, 2011. Fu told the delegation that China plans to send a mission to areas of northeastern Japan affected by the March earthquake and tsunami to support post-disaster reconstruction.

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NHK's new president Matsumoto

TOKYO, Japan - Masayuki Matsumoto, a former vice chairman of Central Japan Railway Co., speaks during a press conference at public broadcaster NHK's head office in Tokyo on Jan. 25, 2011, after assuming his new post as president of NHK. Matsumoto is the second person in a row to be selected from a private organization to assume the top post of Japan Broadcasting Corp.

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Envoy Niwa arrives in Beijing

BEIJING, Japan - Japan's new Ambassador to China Uichiro Niwa speaks to reporters after arriving in Beijing and assuming his post at his official residence on July 31, 2010. The former chairman of trading house Itochu Corp., the first Japanese ambassador to China to be appointed from the private sector, said he will serve with ''patriotism and a pro-China spirit.''

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Envoy Niwa arrives in Beijing

BEIJING, Japan - Japan's new Ambassador to China Uichiro Niwa leaves a press conference at his official residence on July 31, 2010, after arriving in Beijing and assuming his post. The former chairman of trading house Itochu Corp., the first Japanese ambassador to China to be appointed from the private sector, said he will serve with ''patriotism and a pro-China spirit.''

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Niwa, Japan's new envoy to China

TOKYO, Japan - File photo shows Uichiro Niwa, advisor to trading house Itochu Corp. who is set to be Japan's ambassador to China, replacing Yuji Miyamoto. China on June 11, 2010, agreed with Japan's plan to appoint him to the post.

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JAL's new management launched

TOKYO, Japan - New Japan Airlines Corp. Chairman Kazuo Inamori (L) and President Masaru Onishi give a press conference at a hotel in Tokyo on Feb. 1, 2010. Inamori who took the post the same day said that revival of the failed airline is ''possible.''

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JAL's new management launched

TOKYO, Japan - New Japan Airlines Corp. Chairman Kazuo Inamori (L) and President Masaru Onishi shake hands near a JAL plane model at a hotel in Tokyo on Feb. 1, 2010. Inamori who took the post the same day said that revival of the failed airline is ''possible.''

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JAL's new management launched

TOKYO, Japan - New Japan Airlines Corp. Chairman Kazuo Inamori poses near a JAL plane model during a press conference at a hotel in Tokyo on Feb. 1, 2010. Inamori who took the post the same day said that revival of the failed airline is ''possible.''

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JAL's new management launched

TOKYO, Japan - New Japan Airlines Corp. Chairman Kazuo Inamori speaks at a press conference at a hotel in Tokyo on Feb. 1, 2010. Inamori who took the post the same day said that revival of the failed airline is ''possible.''

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JAL's new management launched

TOKYO, Japan - New Japan Airlines Corp. Chairman Kazuo Inamori (C) and President Masaru Onishi give a press conference at a hotel in Tokyo on Feb. 1, 2010. Inamori who took the post the same day said that revival of the failed airline is ''possible.''

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Japan Airlines files for court protection

TOKYO, Japan - Haruka Nishimatsu (R), former president of Japan Airlines Corp., speaks at a news conference in Tokyo on Jan. 19, 2010, with Hiroshige Nishizawa, president of the state-backed Enterprise Turnaround Initiative Corp. of Japan, listening, after Japan's top air carrier filed for bankruptcy. Nishimatsu resigned from the post earlier in the day.

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Japan Airlines files for court protection

TOKYO, Japan - Haruka Nishimatsu, former president of Japan Airlines Corp., speaks at a news conference in Tokyo on Jan. 19, 2010, after Japan's top air carrier filed for bankruptcy. Nishimatsu resigned from the post earlier in the day.

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Japan Airlines files for court protection

TOKYO, Japan - Haruka Nishimatsu (C), former president of Japan Airlines Corp., bows in apology during a news conference in Tokyo on Jan. 19, 2010, after Japan's top air carrier filed for bankruptcy. Nishimatsu resigned from the post earlier in the day.

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Japan Airlines files for court protection

TOKYO, Japan - Haruka Nishimatsu (R), former president of Japan Airlines Corp., and Hiroshige Nishizawa, president of the state-backed Enterprise Turnaround Initiative Corp. of Japan, attend a joint news conference in Tokyo on Jan. 19, 2010, after Japan's top air carrier filed for bankruptcy protection. Nishimatsu resigned from the post earlier in the day.

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Japan Airlines files for court protection

TOKYO, Japan - Haruka Nishimatsu, former president of Japan Airlines Corp., bows at the outset of a news conference on Jan. 19, 2010, after Japan's top air carrier filed for bankruptcy protection. Nishimatsu resigned from the post earlier in the day.

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Kyocera founder Inamori accepts offer to run Japan Airlines

TOKYO, Japan - Kazuo Inamori (L), honorary chairman and founder of electronics firm Kyocera Corp., and transport minister Seiji Maehara (R) speaks to reporters at the transport ministry on Jan. 13, 2010. The 77-year-old executive accepted the offer from the government to assume the post of chief executive officer without pay at Japan Airlines Corp. that is undergoing state-backed restructuring efforts.

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Kyocera founder Inamori accepts offer to run Japan Airlines

TOKYO, Japan - Kazuo Inamori (C), honorary chairman and founder of electronics firm Kyocera Corp., speaks to reporters in Tokyo on Jan. 13, 2010. The 77-year-old executive accepted the offer from the government to assume the post of chief executive officer without pay at Japan Airlines Corp. that is undergoing state-backed restructuring efforts.

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Kyocera founder Inamori accepts offer to run Japan Airlines

TOKYO, Japan - Kazuo Inamori (C), honorary chairman and founder of electronics firm Kyocera Corp., heads to the transport ministry in Tokyo on Jan. 13, 2010. The 77-year-old executive said he accepted the offer from the government to assume the post of chief executive officer without pay at Japan Airlines Corp. that is undergoing state-backed restructuring efforts.

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Kyocera founder Inamori accepts offer to run Japan Airlines

TOKYO, Japan - Undated file photo shows Kazuo Inamori, honorary chairman and founder of electronics firm Kyocera Corp. The 77-year-old executive said on Jan. 13, 2010, that he accepted the offer from the government to assume the post of chief executive officer without pay at Japan Airlines Corp. that is undergoing state-backed restructuring efforts.

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Nippon Oil, Nippon Mining to integrate under holding firm in April

TOKYO, Japan - Nippon Mining Holdings Inc. President Mitsunori Takahagi speaks during a news conference in a Tokyo hotel on Oct. 30, 2009, at which he announced a plan to integrate the company with Nippon Oil Corp. under a new holding company, JX Holdings Inc., in April next year. Takahagi will become president of JX Holdings, while the post of chairman of the holding firm will go to Nippon Oil President Shinji Nishio.

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Toyota to scrap full product lineup until return to profit

TOKYO, Japan - Toyota Motor Corp.'s new president, Akio Toyoda (R), a member of the company's founding family, speaks at a news conference in Tokyo on June 25. The news conference was the first held by Toyoda since he took over the top post on June 23.

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Toyota to scrap full product lineup until return to profit

TOKYO, Japan - Toyota Motor Corp.'s new president, Akio Toyoda, a member of the company's founding family, speaks at a news conference in Tokyo on June 25. The news conference was the first held by Toyoda since he took over the top post on June 23.

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Toyota to scrap full product lineup until return to profit

TOKYO, Japan - Toyota Motor Corp.'s new president, Akio Toyoda, a member of the company's founding family, speaks at a news conference in Tokyo on June 25. The news conference was the first held by Toyoda since he took over the top post on June 23.

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Sony President Chubachi to step down in April

TOKYO, Japan - Sony Corp. Chairman Howard Stringer speaks at a press conference at Sony's headquarters in Tokyo's Minato Ward on Feb. 27. The company announced that President Ryoji Chubachi will step down from his post in April while Stringer will double as both president and chairman, to speed up restructuring to cope with dwindling demand for TV and other products amid the global economic crisis.

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Sony President Chubachi to step down in April

TOKYO, Japan - Sony Corp. Chairman Howard Stringer (R) speaks at a press conference at Sony's headquarters in Tokyo's Minato Ward on Feb. 27. The company announced that President Ryoji Chubachi (L) will step down from his post in April while Stringer will double as both president and chairman, to speed up restructuring to cope with dwindling demand for TV and other products amid the global economic crisis.

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Japan Post, Orix agree to cancel 'Kampo-no-yado' inn network sale

TOKYO, Japan - Japan Post Holdings Co. President Yoshifumi Nishikawa is surrounded by reporters and photographers at the Internal Affairs and Communications Ministry in Tokyo on Feb. 13 after talks with communication minister Kunio Hatoyama. Nishikawa was quoted as telling Hatoyama that Japan Post and leasing firm Orix Corp. have agreed to cancel a controversial 10.9 billion yen contract for Japan Post's sale of 70 ''Kampo-no-yado'' inns and nine housing facilities to Orix.

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Japan Post, Orix agree to cancel 'Kampo-no-yado' inn network sale

TOKYO, Japan - Internal Affairs and Communications Minister Kunio Hatoyama speaks to reporters at his ministry in Tokyo on Feb. 13 after talks with Japan Post Holdings Co. President Yoshifumi Nishikawa. Hatoyama said Japan Post and leasing firm Orix Corp. have agreed to cancel a controversial 10.9 billion yen contract for Japan Post's sale of 70 ''Kampo-no-yado'' inns and nine housing facilities to Orix.

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Sharp eyes 1 trillion yen in sales of LCD TVs in FY 2008

TOKYO, Japan - Sharp Corp. President Mikio Katayama introduces his company's latest liquid-crystal display television at the year's first press conference at a Tokyo hotel on Jan. 8. He said his company aims to post 1 trillion yen in sales of LCD televisions in the business year starting April 2008 on the strength of growing demand in China ahead of the Olympic Games in Beijing.

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Sumitomo to promote investment in resources development

TOKYO, Japan - Susumu Kato, president of major Japanese trading house Sumitomo Corp., said in a recent interview with Kyodo News that his company will promote the development of resources under its new business plan for fiscal 2007 and 2008 that sets aside around 600 billion yen for investment and loans. The interview was conducted after Kato assumed the post of president in June.