Overseas restaurant chains testing the waters for European expansion typically open an outlet or two in London, Paris or perhaps somewhere in Germany. Japanese noodle purveyor Toridoll Corp. chose Moscow.
Nomura Holdings Inc. said employees who leaked insider information on client transactions three years ago will be punished as the regulator signals an end to a crackdown that roiled Japan’s largest brokerage last year.
Sony Corp., which popularized portable music players with the Walkman, is seeking a U.S. patent for “SmartWig” hairpieces that could help navigate roads, check blood pressure or flip through slides in a presentation.
Japanese shares jumped, with the Topix index rising for the first time in three days, as the yen fell to a six-month low against the dollar after U.S. data boosted optimism in the world’s largest economy.
Joe Hirao wants ZIGExN Co. to surpass companies controlled by Japan’s richest Internet billionaires after its initial public offering saw the shares more than double on the first day investors traded the stock.
Sony Corp., which meets with investors this week about improving the company’s entertainment unit performance, has hired Bain & Co. to identify $100 million in cuts, a person familiar with the situation said yesterday.
Japanese shares jumped, with the Nikkei 225 Stock Average closing at its highest since May, as the yen weakened after Finance Minister Taro Aso said the nation must retain the option to intervene in currency markets.