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Heavy machinery and electronics manufacturers have seen a higher-than-expected surge in orders for defense equipment, such as missiles and radar systems, since the government shifted Japan’s security policy last year.
Artificial intelligence is in the spotlight at the Combined Exhibition of Advanced Technologies (CEATEC), a high-tech trade show that kicked off at Makuhari Messe in Chiba on Oct. 17.
Toshiba Corp. accepted a buyout offer from a group led by private equity firm Japan Industrial Partners on March 23, bringing it a step closer to going private for the first time since listing in 1949.
A major investment fund submitted a buyout proposal to Toshiba Corp. on Feb. 9 after securing 1.4 trillion yen ($10.6 billion) in loans from five major Japanese banks.