Alliances & Technology Transfer

Japan Marubeni wins deal for $2bn Myanmar LNG power plant

Trading houses Marubeni, Sumitomo Corp. and Mitsui & Co. will build a liquefied natural gas-fired power plant in Myanmar, one of the biggest investments by Japanese companies in the Southeast Asian country, people familiar with the matter say.

Panasonic's digital transformation begins on the factory floor

Japanese electronics maker Panasonic is trying to transform its business into one that derives a big chunk of revenue from subscription and other recurring revenue streams.

As part of this digital makeover drive, the company is investing $800 million in Blue Yonder, a major U.S. provider of supply-chain management software.

Sony partners with 'Fortnite' producer ahead of PS5 launch

Sony has acquired a small stake in the creator of smash hit "Fortnite" in a $250 million move that highlights the Japanese conglomerate's determination for a successful PlayStation 5 launch amid an intensifying battle in the game console arena.