Chubu Electric Power Co purchased an 80% stake in Diamond Power Corp, an independent producer and supplier of power owned by Mitsubishi Corp and operates in Tokyo.

Sources said the Federation of National Public Service Personnel Mutual Aid Associations in Japan is looking to consider a shift in policy that would allow them to invest more in stocks and less in government bonds.

Analysts said that if Nintendo's sales continue to drop, it would need to consider putting its games in app stores.

Japanese executives will attend a meeting in Myanmar to discuss future investment ventures. Representatives from over 20 Japanese companies planned on visiting Myanmar to look for possible business ventures and investment opportunities, according the Union of Myanmar Federation of Chambers of Commerce and Industry or UMFCCI.

The executives of Sony said that their electronics enterprise showed signs of rebound after posting US$35 million profit.

NEC threw the towel in its bid for gaining from the smartphone industry. NEC, a little known smartphone manufacturer, announced today that it is bowing out of the smartphone competition.

Panasonic would sell more of its robot to the automaking industry and reduce its smartphone-related enterprise.

Japan's Renesas Electronics Corp would close its system LSI chip plant due to the decreasing popularity of game consoles.

Japanese Prime Minister Shinzo Abe to maintain his platform "Abenomics" to push progress in the world's third largest economy.

Fiscal plans for the United States and Japan escaped mention during the recent 2-day meeting of G20 central bank governors and finance ministers.