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DeNA pays $92M for 20% share in Rage of Bahamut developer Cygames

www.insidemobileapps.com
DeNA has entered into a strategic business alliance with Japanese mobile social developer Cygames, announcing today it has reached an agreement to purchase a 20 percent share of the company for 7.4 billion yen ($92 million). As our readers are no doubt well aware, Cygames is the third party developer...
DeNA pays $92M for 20% share in Rage of Bahamut developer Cygames
Nexus 7 reportedly dethrones iPad as top tablet in Japan

Sony earns first annual profit in five years after HQ sales

www.electronista.com
Sony has managed to earn its first annual profit in five years, according to its most recent full-year financial report. Net income for the year ending March 31st saw the company earn 40 billion yen ($403 million), an improvement from the 456.7 billion yen ($6.4 billion at the time) loss...
Sony earns first annual profit in five years after HQ sales

Japan's Kiip-like Metaps raises $11m, aims to become world's top Android monetization platform

thenextweb.com
Metaps, a Japanese company that provides an advertising and promotions platform for Android, has raised a 1 billion yen (approximately $11 million) round of Series B funding that will help accelerate its expansion across Asia and beyond. The platform operates in a similar fashion to US-based rewards-based platform Kiip —...
Japan's Kiip-like Metaps raises $11m, aims to become world's top Android monetization platform

Nintendo Posts Loss

online.wsj.com
Nintendo posted a $531.1 million fiscal-year loss, its first in more than three decades, dragged down by the strong yen and price cuts for the company's Wii game console and 3DS hand-held system....
Nintendo Posts Loss

Olympus to be fined $2.5m by Japan's FSA over scandal

www.electronista.com
Japan's Financial Services Agency (FSA) which overseas the country's markets, has recommended to fine Olympus nearly 200 million yen (about $2.5 million) for engaging in illegal accounting practices. The scandal is the biggest in Japan's corporate history. The company and six executives were criminally charged in March in the $1.7...
Olympus to be fined $2.5m by Japan's FSA over scandal

Amazon is reportedly planning to launch its Kindle e-readers in Brazil and Japan

thenextweb.com
Separate reports indicate that Amazon may soon launch its Kindle e-readers in Brazil and in Japan, PaidContent notes. This would be one more step in the Kindle’s global rollout, following its recent launch in Italy and Spain. As we reported, Amazon has also recently started to ship its Kindle Touch...
Amazon is reportedly planning to launch its Kindle e-readers in Brazil and Japan

Sony and Olympus form alliance

www.bbc.co.uk
Sony will invest 50bn yen ($640m; £397m) in camera firm Olympus and the two will form a joint company which will focus on medical equipment....
Sony and Olympus form alliance

Panasonic forecasts record $10.24B annual loss for FY2011, $2.59B from Q3

www.theverge.com
Panasonic is the latest Japanese TV manufacturer to feel the squeeze, and how — it's just updated its annual forecast to predict a loss of ¥780 billion ($10.24 billion), by far the largest in the company's history and coming close to the record ¥787.34 billion ($10.33 billion) loss Hitachi...
Panasonic forecasts record $10.24B annual loss for FY2011, $2.59B from Q3

Sony Raises Full-Year Profit View

online.wsj.com
Sony doubled its profit outlook for the fiscal year ended in March, after selling assets and benefiting from a weaker yen. The Japanese electronics company expects its first annual profit in five years....
Sony Raises Full-Year Profit View
Come To TechCrunch Tokyo 2012 This Thursday

Sharp will miss deadline for $60M Qualcomm investment, is getting an extension instead

www.engadget.com
If you recall, Sharp hit the jackpot back in December, when Qualcomm promised to invest around $120 million in the troubled company in exchange for a five percent stake. Sharp already received the first half of that windfall at the tail end of 2012, whereas the remaining $60 million...
Sharp will miss deadline for $60M Qualcomm investment, is getting an extension instead

Troubled Sharp opens $350 million voluntary redundancy initiative

thenextweb.com
These are tough times at Sharp and the company is out to retain every yen that it can. Now the financially troubled Japanese firm has revealed it has set aside close to $350 million (27 billion yen) to offer its staff voluntary redundancy packages. Earlier this month the company announced...
Troubled Sharp opens $350 million voluntary redundancy initiative

Toshiba's REGZA AT501 comes with Android 4.1, vague sense of unfulfillment

www.engadget.com
Dear Uncle Toshiba. Thank you so much for announcing this REGZA Tablet AT501, the followup to the AT500. We noticed that you'd thrown in a 10.1-inch, 1,280 x 800 IPS display alongside a 1.3GHz Tegra 3 system and 1GB of RAM, which is very nice. It was a bit...
Toshiba's REGZA AT501 comes with Android 4.1, vague sense of unfulfillment

Fujitsu outs Lifebook U772/E Ultrabook with Ivy Bridge in Japan, aimed at the business crowd

www.engadget.com
In case you didn't have enough Ivy Bridge-loaded machines to choose from, now you'll have one more to add to the pile of options -- at least if you live in the Land of the Rising Sun. Keeping the momentum going, Fujitsu has unveiled a fresh business-oriented Lifebook, the...
Fujitsu outs Lifebook U772/E Ultrabook with Ivy Bridge in Japan, aimed at the business crowd
Panasonic reports $10.2 billion loss for 2012, plasma TV sales fall more than 40 percent

With HP Shares Falling, Views of Director Whitworth Take On Importance

allthingsd.com
Shareholders of Hewlett-Packard had a rough time last week. Having endured the fall of HP shares to a seven-year low last month, they have had to stand by as the numbers have gotten even worse. On Friday, HP shares set yet another ignominious milestone, hitting $18.98 a share and trading...
With HP Shares Falling, Views of Director Whitworth Take On Importance

Au Smart Pass, the one-year-old Android app buffet from Japan's KDDI, hits 5m customers

thenextweb.com
A year after launch, Japan’s second largest operator KDDI says that its au Smart Pass service – an all-you-can-eat buffet selection of Android apps — has passed a cumulative 5 million customers. The service is designed to make finding and using mobile apps easier. KDDI selected 500 top apps which customers...
Au Smart Pass, the one-year-old Android app buffet from Japan's KDDI, hits 5m customers

Sony reveals HMZ-T2 head-mounted display pricing, launch date and features in Japan

www.engadget.com
Sony rolled out its first head-mounted 3D visor last fall, and announced the HMZ-T2 followup recently at IFA 2012. Now in Japan it has revealed few more details about the changes it's made this time around as well as a release date and pricing. Scheduled to hit shelves on...
Sony reveals HMZ-T2 head-mounted display pricing, launch date and features in Japan

Apple's Lucky Bag sale brings New Year bargains to shoppers in Japan

thenextweb.com
The coming of a New Year in Japan means not only a lot of tweets (Japan and Korea notched the most messages on Twitter) but also the latest batch of ‘lucky bags’ for Apple fans in the country, as Tech In Asia reports. To recap, lucky bags (known as ‘Fukubukuro‘, 福袋,...
Apple's Lucky Bag sale brings New Year bargains to shoppers in Japan

Official 2550mAh Wii U GamePad battery announced in Japan, promises up to 8 hours of gameplay

www.engadget.com
Bummed out about the Wii U GamePad's middling battery life? Nintendo finally has an answer: install a bigger battery. Taking to Twitter these evening, Nintendo revealed has that a new larger capacity GamePad battery will be available in Japan soon, promising between 5-8 hours of battery life. The 2550mAh...
Official 2550mAh Wii U GamePad battery announced in Japan, promises up to 8 hours of gameplay

Google Fibre speeds already doubled by Japanese ISP

9to5google.com
Google Fibre’s 1Gbps Internet service, billed on launch as “100 times faster than broadband”, has already been beaten by Japanese ISP Nuro, reports Engadget. Not only does Nuro’s service offer 2Gbps download speeds – twice as fast as most local-area Ethernet connections – it even offers 1Gbps upload speeds! Japanese...
Google Fibre speeds already doubled by Japanese ISP

Sharp manages an operating profit in Q3, but forecast remains cloudy

www.engadget.com
It's been a while since we had any good financial news for Sharp, so we'll start there. On an operating basis, Reuters and Nikkei report it managed to turn a profit for the October to December quarter of 2.6 billion yen ($28.5 million) -- more than analysts had predicted...
Sharp manages an operating profit in Q3, but forecast remains cloudy

Sony's PlayStation Mobile platform launching in Oct.; PlayStation Plus for PS Vita in Nov.

thenextweb.com
Sony sent out a flurry of announcements on Wednesday, including news of a slimmer PlayStation 3 model coming later this fall, as well as launch timing for its PlayStation Mobile platform, which is for select Android devices and Sony’s own PlayStation Vita, and the upcoming mobile version of its PlayStation...
Sony's PlayStation Mobile platform launching in Oct.; PlayStation Plus for PS Vita in Nov.

MBA Mondays: One More Thing On Sustainability Before We Move On

www.avc.com
I'd like to tie together two posts and make a final point on Sustainability. In my first post for the Sustainability class, I wrote: Clay Christensen talks about this kind of thing all the time. Big company executives are asked to calculate an return on investment (ROI) on the investments they...
MBA Mondays: One More Thing On Sustainability Before We Move On

Sony slashes the price of both the 3G and WiFi PlayStation Vita to 19,980 yen in Japan

thenextweb.com
The president of Sony Computer Entertainment Japan (SCEJ) has announced a price drop for the PlayStation Vita starting on February 28th, following relatively poor sales and a lack of exclusive or compelling titles. As noted by Engadget, the premium version of Sony’s handheld console – which supports both WiFi and 3G...
Sony slashes the price of both the 3G and WiFi PlayStation Vita to 19,980 yen in Japan

Sharp's plan for 2,000 early retirements proves popular as 3,000 staff exit

thenextweb.com
Sharp’s latest round of cost cutting has seen the Japanese tech struggler grant close to 3,000 staff voluntary retirement, that’s despite the company only setting out to let 2,000 employees go. The company opened the voluntary scheme back in August and it proved to be so popular with employees (well, who wouldn’t want the...
Sharp's plan for 2,000 early retirements proves popular as 3,000 staff exit

Sony unveils latest HX950 flagship HDTV in Japan with 'Intelligent Peak LED' backlighting

www.engadget.com
While Sony's current lineup of HDTVs has so far topped out with the HX929/920 series, in Japan it has just unveiled a new top of the line model, the HX950. Often rumored in the last few months, this model will be available in 65- or 55-inch varieties and features...
Sony unveils latest HX950 flagship HDTV in Japan with 'Intelligent Peak LED' backlighting

Facebook shares new documentation for local currency pricing, sets migration for Q3

www.insidefacebook.com
Facebook today provided updates regarding its transition from Credits to local currency pricing. The company offered new documentation for game developers and announced that migration will occur in Q3 this year. Facebook decided to phase out Credits in favor of a user’s local currency — dollars, pounds or yen, for example...
Facebook shares new documentation for local currency pricing, sets migration for Q3

Panasonic gearing up to offer $635 million bailout to save troubled Olympus

www.engadget.com
Panasonic is reportedly putting the final touches to a 50 billion yen ($635 million) bailout package to save Olympus. Panasonic will become the largest shareholder of the scandal-ridden camera maker, reeling from a $1.7 billion accounting fraud uncovered last year, with an eye on getting a foothold in Olympus'...
Panasonic gearing up to offer $635 million bailout to save troubled Olympus
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