Toshiba accounting probe set to prompt board reshuffle, possible fines

A probe into an accounting scandal at Toshiba Corp is expected to find that top management were responsible for failures on a company-wide scale, setting the stage for a board overhaul, results restatements and potentially hefty fines.

Japan firms struggle to lift prices two years into Abenomics -Reuters poll

TOKYO, Jan 21 (Reuters) - Two thirds of Japanese companies plan to hold back on raising prices of products and services this year, a Reuters poll showed, underscoring the difficulty of defeating deflation despite two years of bold monetary policy and economic stimulus.

Japan Shame Index Dumps Sony Stock, Adds Panasonic

Sony Corp., the consumer-electronics maker that posted losses in five of the past six years, was rejected in the first reshuffle of Japan’s profit-oriented stock index while Panasonic Corp. made the cut.

Japan Airlines profit hit by weak yen and higher costs

Japan Airlines (JAL) has reported a dip in full-year profits, which it says is mainly due to the weaker yen pushing up costs.

Panasonic to pay China workers pollution compensation

Japanese electronics firm Panasonic has said it will pay its employees working in China a premium to compensate them for the country's high pollution.

Japan Companies Say Recovery to Survive Higher Tax, Poll Shows

More than 80 percent of large Japanese companies expect the nation’s economic recovery to survive Prime Minister Shinzo Abe’s planned sales tax increase in April, according to a survey by the Mainichi newspaper.

Sony investor Daniel Loeb urges company break-up

One of Sony's biggest shareholders has suggested that the Japanese firm should spin off up to 20% of its entertainment business and use the money to shore up its struggling electronics arm.