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Industry Brief
[December 22, 2010]

Industry Brief


(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, Dec. 22 -- (Kyodo) _ ---------- Skymark aiming to expand fleet of Boeing 737s to 40-50 in 4 yrs TOKYO - Skymark Airlines Inc. President Shinichi Nishikubo said the Japanese budget airline is hoping to expand its fleet of Boeing 737 jets to 40 to 50 in the next four years from the current 17 on the back of its brisk business performance.



---------- TSE to change listing rules to lure growing firms on Mothers market TOKYO - The Tokyo Stock Exchange will change listing rules to encourage firms with growth potential to list on its Mothers market in an effort to revitalize the market for start-up companies.

---------- Sanyo to double output capacity for smash-hit Gopan rice bread maker TOKYO - Sanyo Electric Co. plans to set up an assembly line for its smash-hit Gopan rice bread cooker at its group plant in Tottori Prefecture to double its monthly production of the product to 20,000 units in April.


---------- Sumitomo Trust-Chuo Mitsui Trust merger approved TOKYO - Shareholders approved a merger between Sumitomo Trust & Banking Co. and Chuo Mitsui Trust Holdings Inc., paving the way for the establishment of Japan's biggest trust bank group next year.

---------- Honda's light jet completes 1st flight test successfully TOKYO - Honda Motor Co.'s U.S. unit has successfully completed the first test flight of its light business jet and won Federal Aviation Administration certification.

---------- Japan's consumer electronics shipments up 67.4% in November TOKYO - Japan's domestic consumer electronics shipments in November expanded 67.4 percent from a year earlier to 505.8 billion yen for the 16th straight month of rise as flat-panel television sales more than doubled to a new monthly high of 3,961,000 units before the government scaled down its "eco-point" incentive program on Dec. 1, the Japan Electronics and Information Technology Industries Association said.

(c) 2010 Kyodo News International, Inc.

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