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You are here: Home / Archives for Nikkei

Nikkei

Massive $6.3 Billion Writedown is Tanking Toshiba, Could It Collapse?

February 15, 2017 by Ted 2 Comments

Logo on Toshiba buildingToshiba Corp. announced yesterday that it will take a $6.3 billion writedown to account for the meltdown of its nuclear division. This amount of writedown is much higher than the markets had anticipated, forcing Toshiba into crisis mode having to secure lending commitments from their banks, reorganize their nuclear division, and sell assets to offset their losses.

Is Toshiba near the tipping point?… [Read more…] about Massive $6.3 Billion Writedown is Tanking Toshiba, Could It Collapse?

Filed Under: Asian Connection, Financial, Management, News, Pivot Point, Strategy Tagged With: Bloomberg, Kanebo, Livedoor, Mitsubishi Motors, Nikkei, Olympus, Panasonic, Sony, Tepco, Toshiba, writedown, Yamaichi Securities

In Wake of Weak iPhone 5 Sales, Apple Cuts Parts Orders by 50%

January 18, 2013 by Ted Leave a Comment

Apple, Inc. LogoFrom the looks of it, Apple’s iPhone 5 launch may have been a bit of a dud. Several news services such as Bloomberg News and the Nikkei in Japan are reporting that the company has cut orders to its suppliers for parts by as much as 50%. This moves follows a report that the company quietly cut production schedules on the iPhone 5 last month by 30% and suggests that the latest incarnation of iPhone is selling poorly – or at least below expectations based on initial order levels.

See more about this dramatic turn of events for a critical product for Apple… [Read more…] about In Wake of Weak iPhone 5 Sales, Apple Cuts Parts Orders by 50%

Filed Under: Manufacturers, News, Pivot Point, Strategy Tagged With: AAC, Apple, Bloomberg News, iPhone 5, Nikkei, Sharp

Sharp Shocker: Company Will Report Interim Net Loss Almost Double Their Forecast

October 25, 2012 by Ted Leave a Comment

Photo of Sharp 70-inch flat-panel TVThe Nikkei reported today that it has learned from unnamed sources that Sharp Corp. is about to report a surprising interim net loss of ¥400 billion (just over $5 billion). Covering the period of their April-through-September fiscal (interim) semester, this loss is 90% worse – almost double – their most recent estimate of a ¥210 billion loss…and an full ten times worse than last years interim loss of ¥39.8 billion.

How did Sharp management get their forecast so wrong?… [Read more…] about Sharp Shocker: Company Will Report Interim Net Loss Almost Double Their Forecast

Filed Under: Asian Connection, Industry Trends, Management, Manufacturers, Marketing, News, Pivot Point, Strategy, Tech Trends Tagged With: Apple, flat-panel, iPhone, LCD, Nikkei, Sharp, TV makers

Panasonic to Cut Production of LCD TV Panels

October 17, 2012 by Ted Leave a Comment

CEScrowd2PanasonicPanasonic Corp. has announced it will cut production of LCD panels targeted for TV manufacture in the next fiscal year in order to increase production of small and midsize LCD panels for tablets and other mobile devices. The move is seen as a response to the company’s declining TV business.

Juggling purchase and supply agreements…looking for cost savings…

[Read more…] about Panasonic to Cut Production of LCD TV Panels

Filed Under: Asian Connection, Manufacturers, News, Strategy Tagged With: LG, Nikkei, Panasonic

Japan Moves to Set Worldwide Standard for Residential Energy Storage

October 4, 2012 by Ted Leave a Comment

Photo of Joe Piccirilli of Rosewater Energy Group
Joe Piccirilli, Rosewater Energy Group

At last month’s CEDIA Expo in Indianapolis, we learned about – and reported on – a new venture by industry stalwart Joe Piccirilli to sell a residential energy storage hub under the Rosewater Energy Group brand. Their hub uses rechargeable batteries to store energy from the power grid, or from renewable sources (i.e. solar panels, wind turbines), or even from a back-up generator to condition the energy and power your home.

Now news comes out of Asia that Japanese industry, in conjunction with the Japanese government, is preparing a proposal for the International Electrotechnical Commission (IEC) to set international standards for the fledgling residential storage industry.

Why is Japan focusing on residential energy storage? Read below to see why… [Read more…] about Japan Moves to Set Worldwide Standard for Residential Energy Storage

Filed Under: Asian Connection, Consumer Trends, Manufacturers, News, Pivot Point, Research, Strategy, Tech Trends Tagged With: electric cars, green technology, Hitachi, IEC, International Electrotechnical Commission, Japan, Joe Piccirilli, lithium-ion, Nikkei, Oslo, Pike Research, residential energy storage, Rosewater Energy Group, solar photovoltaic panels, Toshiba

Sharp, Struggling to Survive, Provides Banks with a New Plan; Ratchets Up Painful Cuts

September 27, 2012 by Ted Leave a Comment

Photo of Sharp booth at CESSharp Corp., once a high flying superstar of Japanese manufacturing might, finds itself engaged in a multi-front battle for survival as it seeks to replenish its depleted capital reserves. Recently, the company had announced that it was negotiating a partnership deal that included the sale of factories and a capital investment from Taiwan’s Hon Hai Precision Industry Co. But these talks stalled when Sharp’s share price dropped to a value less than half the agreed-upon level.

Now, in a series of announcements, the company has submitted a new plan seeking the support of its banks by “upping the ante” in its restructuring plans, more than doubling staff cuts, selling off company assets, and offering several Sharp-owned properties as collateral – including its headquarters facility.

Sharp’s new plan cuts deeper and will be more painful…but is it enough?… [Read more…] about Sharp, Struggling to Survive, Provides Banks with a New Plan; Ratchets Up Painful Cuts

Filed Under: Asian Connection, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Bloomberg, Fukuoka, Hon Hai Precision Industry Co., Japan, junk, Kyodo News, Mitsubishi UFJ Financial Group Inc., Mizuho financial Group Inc., Moody's Investor Service, Nagoya, Nikkei, Nippon Life Insurance Co., Recurrent Energy LLC, Resona Holdings Inc., Sapporo, Sharp, Standard & Poors, Taiwan, Terry Gou

Forget 4K! Japanese Engineers Create New Global Standard – UHDTV

August 22, 2012 by Ted 11 Comments

Image of large UHDTV ScreenAs the industry is on the verge of rolling out the latest HDTV upgrade – 4K resolution – news comes out of Japan that a coalition of Japanese broadcasters and television equipment manufacturers have collaborated to create the next great standard they call Ultra High Definition Television or UHDTV. Another incremental improvement? Oh no…UHDTV leapfrogs 4K…

Have you heard about UHDTV? You’re going to want to know about this… [Read more…] about Forget 4K! Japanese Engineers Create New Global Standard – UHDTV

Filed Under: Asian Connection, Industry Trends, Manufacturers, News, Strategy, Tech Trends Tagged With: China, HDTV, Ikegami, International Telecommunication Union, ITU, Japan, Japan Broadcast Corp., JVC, NEC, NHK, NHK Science & Technical Research Laboratory, Nikkei, Panasonic, Sharp, South Korea, U.S., UHDTV, United Kingdom, United Nations

JVC Kenwood to Sell System Streaming Soothing Sounds of Forests

June 5, 2012 by Ted Leave a Comment

JVC Kenwood SpeakersJVC Kenwood Corp. said that next spring it will begin selling a system designed to deliver the soothing sounds of the forest streamed over the Internet in real time. The company will be involved in all aspects of the system from setting up source equipment to collect the sounds of various forests, to coordinating the delivery of the forest content across the Internet, to delivering unique speaker systems in the homes of end users with technology to receive and play the environmental sounds.

How does it work?…

[Read more…] about JVC Kenwood to Sell System Streaming Soothing Sounds of Forests

Filed Under: Asian Connection, Consumer Trends, Industry Trends, Manufacturers, Marketing, News, Retailers, Strategy, Tech Trends Tagged With: Bluetooth, JVC Kenwood, Nikkei

New Symbol of Sony’s Suffering – Stock Drops to Lowest Level in 32 Years

June 5, 2012 by Ted Leave a Comment

Sony's Kaz Harai at CES 2012
Sony's Kaz Harai at CES 2012

In yet another sign of the decline of a once seemingly invincible technological powerhouse, shares in Sony Corp. in Tokyo closed Monday below ¥1,000 ($12.76) per share – setting a disturbing new record low. The last time the stock was this low was August 1, 1980 – 32 years ago. The press in Japan took notice and newspapers couldn’t help but point to the development as a symbol of an industry slump that is changing the world’s view of Japan’s technological prowess.

Why do analysts think this happened?…

[Read more…] about New Symbol of Sony’s Suffering – Stock Drops to Lowest Level in 32 Years

Filed Under: Asian Connection, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Bloomberg, Howard Stringer, Japan, Kaz Hirai, Nikkei, Sony

Onkyo Launches New Tablet – It’s Going to be Big…Really Big

March 16, 2012 by Ben Leave a Comment

Onkyo logo<March 15, 2012> Onkyo Corp. will launch a new tablet computer which will be targeted towards the business market, according to a report in the Nikkei. And in a move sure to set it apart from the new iPad and other tablet designs, Onkyo’s version sports a huge 20-inch screen and weighs over 11 pounds. [Read more…] about Onkyo Launches New Tablet – It’s Going to be Big…Really Big

Filed Under: Manufacturers, News, Strategy Tagged With: Nikkei, Onkyo, Sotec, tablet

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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