VENTURE CAPITAL POST

Teva pharmaceuticals which is said to be the world's largest generic drug maker has joined hands with Takeda Pharmaceutical Co, for a definitive agreement to sell generic drugs in Japan.

Japanese startup aroma sensor developer Aroma Bit has appointed Batara Eto and Atsushi Tanaka as its advisors.

Japan state-backed fund is keen on acquiring stakes in Sharp Corporation for Yen 200 billion ($1.63 billion). Sharp Corp recorded Yen 50 billion operating loss for the first half of 2015. The LCD business unit of Sharp Corp is a major contributor to the losses. Sharp is planning to spin off LCD business unit and later it may consider stake selling, according to media reports.

Though usually considered only when convenient for consumers in the US, the 7-Eleven franchise in Asia has become a different company, selling varieties of snacks and services to its varied customers across Asia.

A successful maiden flight of Japanese jet marks the new era of Japanese aircraft industry. Mitsubishi Regional Jet made its debut on Wednesday in Nagoya Airport, Japan.

The US and Japan governments have made it clear that there wouldn't be re-opening a Pacific trade deal and further stated that any such attempt would further damage the whole pact.

New World Wealth (NWW), a South Africa-based market research consultancy, released the lists of wealthiest countries, ranked by using its own new method.

Amidst a major accounting scandal, Japanese electronics major Toshiba is in the process of offloading its $7.4 billion (GBP4.87billion) commitment on US liquefied natural gas (LNG) imports.

Japan's Purchasing Managers Index (PMI) has reached it's strongest in a year, with a seasonally adjusted reading of 52.4 for the month of October, as conducted by a business survey from Nikkei last Monday.

The leaders of South Korea and Japan have finally decided to break their long-standing diplomatic freeze in favor of combining forces to address North Korea's nuclear ambitions.

The US activist investor Daniel Loeb has bought a stake in a Japanese retailer Seven & I Holdings. Though the details about stake and valuation are not revealed, Loeb-run hedge fund Third Point is believed to have acquired stake below five percent. After the sale, the Japanese retailer is expected to take up restructuring exercise enhance profitability, reducing underperforming merchandise stores. Seven & I Holdings operates over 18,000 outlets under the brand 7-Eleven across Japan. Seven & I has decided to shut about 40 unprofitable Ito Yodado stores in the next five years.

GoPro Inc has announced quarterly results below the market forecast as the demand for new cameras has been sluggish in the market. Recently launched wearable cameras haven't been received well by the market.

Japanese engineering conglomerate Toshiba announced on Wednesday that it will sell its image sensor business to Sony for a reported 20 billion yen, as it plans to overhaul its semiconductor business, which is still recovering from a $1.3 billion scandal.

Volkswagen AG, Europe's largest automaker, is maintaining an investment plan to build a new seven-seater sports utility vehicle. It is starting next year at its only manufacturing plant in Tennessee, although beset by issues of cost cuts in the wake of the company's diesel-emission manipulation scandal.

It seems like Japanese retailers are saying not to believe in official statistics on consumer spending as stores cut earnings forecasts and expects a lackluster consumer spending, which is an important factor in the growth of Japan during a time of declining exports and factory output.