Mayumi Negishi

(Bloomberg) -- Shares of Konica Minolta Inc. jumped as much as 9.2% after the Nikkei reported the office equipment maker plans to slash 2,400 jobs worldwide.

Shares of Konica Minolta Inc. jumped to a 10-month high on its plan to slash 2,400 jobs worldwide, part of an effort to boost profitability.

(Bloomberg) -- Toshiba Corp. plans to cut 5,000 jobs in Japan, or roughly a tenth of its domestic headcount, in a bid to cut costs and focus on its infrastructure and digital technology operations, the Nikkei said Wednesday.

(Bloomberg) -- Fujitsu Ltd. said it will buy back up to 8.16% of its shares for as much as ¥180 billion ($1.2 billion) from May 1 to March 31 next year.

Fujitsu Ltd. said it will buy back up to 8.16% of its shares for as much as ¥180 billion ($1.2 billion) from May 1 to March 31 next year.

Hitachi Ltd. said it will buy back up to 2.27% of its shares for as much as ¥200 billion ($1.3 billion) and announced a five-for-one stock split.

Toshiba Corp. is seeking to cut 5,000 jobs or roughly 10% of its headcount in Japan, the Nikkei reported, underscoring the fading stigma of layoffs in a country grappling with chronic labor shortages.

Hitachi Ltd. said it will buy back up to 2.27% of its shares for as much as ¥200 billion ($1.3 billion) and announced a five-for-one stock split.

Fujitsu Ltd. said it will buy back up to 8.16% of its shares for as much as ¥180 billion ($1.2 billion) from May 1 to March 31 next year.

(Bloomberg) -- KDDI Corp. said it plans to buy back as much as ¥213.5 billion ($1.4 billion) worth of its own shares from Toyota Motor Corp. at ¥3,896 per share.