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Industry Brief
[January 21, 2014]

Industry Brief

(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, Jan. 21 -- (Kyodo) _ ---------- NEC to sell Internet provider Biglobe to investment fund TOKYO - NEC Corp. will sell its Internet service provider subsidiary NEC Biglobe Ltd. to a Tokyo-based investment fund, Japan Industrial Partners, industry sources said Tuesday.

---------- 3 major life insurers in Japan to increase wages of salespeople+ TOKYO - Three major life insurers in Japan plan to increase the wages of their salespeople in April or later on an upturn in employment conditions, their officials said Monday. The move by Meiji Yasuda Life Insurance Co., Sumitomo Life Insurance Co. and Fukoku Mutual Life Insurance Co. is also aimed at winning competition to secure employees as well as keeping experienced workers to boost sales.

---------- Dentsu to acquire social media ad agency in Poland TOKYO - Dentsu Inc. said Monday it will acquire a social media ad agency in Poland for an undisclosed price, with a view to expanding its business in the growing digital market in the country.

---------- (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: (c) 2014 Kyodo News International, Inc.

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