Livesense Inc., the jobs portal led by the youngest president of a company on Japan’s top bourse, may raise fees for its information service as the nation’s labor market improves, sending its stock up the most in five months.
Panasonic Corp., Japan’s third- biggest employer, eliminated almost 39,000 jobs in the past year, and its chief financial officer said the TV maker doesn’t plan another round of cuts. Investors say it has to.
When Sony Corp.’s 2006 release of PlayStation 3 flopped because features installed by the engineer who founded the business made the games console too expensive, Chief Executive Officer Howard Stringer tapped Kazuo Hirai to turn the division around.
Renesas Electronics Corp. fell the most in more than a year in Tokyo trading as a Nikkei newspaper report prompted speculation the world’s biggest automotive microcontroller maker may struggle to return to profit.