Nintendo is preparing a major unwinding of strategic cross-shareholdings that could see banks sell roughly 300 billion yen ($1.9 billion) worth of shares in the gaming giant.

Japanese startup SkyDrive Inc. showcased its first public demonstration of a “flying car” on Tuesday, moving closer to its goal of launching commercial services by 2028.

Foxconn, the maker of Apple's iPhones, has announced plans to produce electric vehicles (EV) for Japanese car giant Mitsubishi Motors.