Nintendo Co. said it will increase the price of its Switch 2 console to $500 from $450, acknowledging pressure on profitability of its flagship device heading into its second year on the market.
Nintendo Switch 2 consoles. Photographer: Riccardo Milani/AFP/Getty Images
Sony Group Corp. said it will buy back as much as ¥500 billion ($3.2 billion) of its shares after rising memory prices weighed on the entertainment group’s annual outlook.
The outlook for supply of thinners and cutting oils — materials used in the production of a wide range of products from chips to cars to planes — is becoming increasingly uncertain, according to a Japanese machine tool industry group.
Tokyo Electron Ltd. raised its full-year outlook even after its quarterly profit missed estimates and said it sees a surge in spending by chipmakers eager to ride an AI spending wave.
The Tokyo Electron Ltd. booth at the Semicon Taiwan exhibition show in Taipei, Taiwan, on Wednesday, Sept. 10. 2025. The show runs through Sept. 12.
Panasonic Holdings Corp. shares soared 15% in Tokyo trading Thursday, the biggest gain since 2014, on investor confidence that a lengthy restructuring effort will start paying off next fiscal year.
Panasonic Holdings Corp. shares soared 15% in Tokyo trading Thursday, the biggest gain since 2014, on investor confidence that a lengthy restructuring effort will start paying off next fiscal year.
TDK Corp. said tighter Chinese export controls on rare earths are creating a challenging environment for materials procurement, underscoring growing supply-chain risks for Japanese manufacturers dependent on critical minerals.
Flash memory maker Kioxia Holdings Corp. sees an opportunity to seize growth in high-density storage for AI data centers while its competitors are preoccupied elsewhere.
Canon Inc. said it will explore acquisitions in lucrative arenas such as medical devices and chip tools in the coming years, while setting a lower dividend payout target of around 40%.
China’s ban on exports of products with potential military use to Japan marks an escalation in the diplomatic spat between the countries that could disrupt global supply chains for high-tech components.
China’s ban on exports of products with potential military use to Japan marks an escalation in the diplomatic spat between the countries that could disrupt global supply chains for high-tech components.
Nidec Corp. founder Shigenobu Nagamori is stepping down from his position as chairman of the board following the discovery of accounting issues that damaged the reputation of the Japanese maker of electric motors.
Fujikura Ltd.’s stock has surged about 1,400% over the last two years as new data centers globally have created an insatiable appetite for its cables. There’s only one problem — the company can’t keep up with demand.
Fujikura Ltd.’s stock has surged about 1,400% over the last two years as new data centers globally have created an insatiable appetite for its cables. There’s only one problem — the company can’t keep up with demand.
Taiwanese prosecutors charged Tokyo Electron Ltd. for failing to prevent staff from allegedly stealing Taiwan Semiconductor Manufacturing Co. trade secrets, signaling stricter scrutiny of partnerships in an industry vital to national and economic security.
Japan’s Finance Minister Satsuki Katayama said it is “clear” that volatile yen swings aren’t “moving based on fundamentals,” in the latest expression of the government’s frustration over the currency.