Prime Minister Shinzo Abe is pushing Japan’s coal industry to expand sales at home and abroad, undermining hopes among environmentalists that he’d use the Fukushima nuclear accident to switch the nation to renewables.
The following companies may have unusual price changes in Japanese trading today. Stock symbols are in parentheses, and share prices are from the previous close. The information in each item was released after markets closed, unless stated otherwise.
Israel’s IDE Technologies Ltd. is in talks with Japan’s shipbuilders and government to design and build off-shore desalination plants, seeking to tap rising demand for alternate sources of short-term freshwater supply.
Japan Shipbuilding Association Chairman Kazuaki Kama comments on the effect of the yen’s gains on the industry. Kama, also the president of IHI Corp., a Japanese maker of heavy machinery, spoke at a press briefing in Tokyo today.