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TMCNet:  Kyodo Industry Brief (March 7)

[March 07, 2014]

Kyodo Industry Brief (March 7)

(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, March 7 -- (Kyodo) _ ---------- Sharp to drastically revise corporate pension system OSAKA - Struggling electronics maker Sharp Corp. is considering drastically revising its corporate pension system to prevent a further deterioration in its financial standing, sources close to the matter said Thursday.


---------- Line stops charging online sales commission TOKYO - Smartphone messaging company Line Corp. on Thursday stopped charging sales commission at its online shopping mall in an attempt to bring more sellers to the site and expand its product lineup.

---------- Dainippon Sumitomo sets up firm to develop medicine using iPS cell OSAKA - Dainippon Sumitomo Pharma Co. said Thursday it has set up a joint venture in Kobe with venture company Healios K.K. to produce medicine using induced pluripotent stem cells for the treatment of eye diseases.

(NOTE: Corporate press releases are available on Japan Portal, a multilingual website powered by Kyodo News providing information about a wide range of topics and events in Japan. URL: http://www.japanportal.jp/industry/) (c) 2014 Kyodo News International, Inc.

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