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Toyota to Halt Development of Lexus’ Next-Generation EV Due to Global Slowdown in EV Demand

  • Category:Driving
JAPAN NEWS
 
Toyota Motor Corp. has decided to halt development on its next-generation electric vehicle, likely due to global slowdown in EV demand, The Yomiuri Shimbun has learned.
The EV had been scheduled for release in mid-2027.
Despite the halt, the company will continue to develop cutting-e...

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Prices To Rise For Over 1,000 Food Items In Japan In June

  • Category:Gourmet
NIPPON
 
Major food makers in Japan plan to raise prices for 1,078 items in June, with the number topping the threshold of 1,000 for the first time in two months, a survey by Teikoku Databank Ltd. showed Friday.
The total of food items with planned price increases jumped roughly 13 times from the...

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5 Nissan Execs Receive ¥1.39 Bil Remuneration Despite 2 Years Of Net Losses

  • Category:Other
JAPAN TODAY
 
Nissan Motor Co's five executive officers, including President Ivan Espinosa, received remuneration totaling 1.39 billion yen ($8.7 million) for the fiscal year ended March, even though the company reported two straight years of net losses, a shareholders' meeting notice showed Thur...

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Fujitsu Partners With Anthropic, Looking To Provide Advanced AI Services

  • Category:Other
JAPAN NEWS
 
Fujitsu Ltd. has teamed up with U.S. artificial intelligence startup Anthropic PBC to provide high-level AI services for corporate and other clients, according to Fujitsu.
Under the agreement formed Wednesday, Fujitsu will integrate Anthropic’s cutting-edge AI technology with its own...

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New Mini-EV Brand EMTA To Launch In Japan Next Year

  • Category:Driving
KYODO NEWS
 
A company jointly established by five firms, including Chinese automaker Chery Automobile Co. and Japanese car parts retailer Autobacs Seven Co., said Wednesday it will launch a new automobile brand, EMTA, with plans to introduce an electric mini-vehicle model in Japan next year.
The...

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Japan Airlines to Launch 1st Lunar Transport Service

  • Category:Other
JAPAN NEWS
 
Japan Airlines Co. will launch a service to transport containers to the moon, the firm announced Tuesday.
JAL will sell partitioned spaces within the containers to businesses and local governments, enabling them to pack and transport products, such as regional specialties, they wish ...

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Nissan Drops Plan To Build Drive Units For Evs In Britain

  • Category:Other
JAPAN TODAY
 
Nissan Motor Co has withdrawn a plan to manufacture powertrains for electric vehicles in Britain, a source familiar with the matter said Sunday, as the struggling Japanese automaker reviews its production and factory numbers.
Jacto Ltd, a Nissan subsidiary that has been jointly deve...

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Idemitsu Oil Tanker Arrives in Japan after Hormuz Passage

  • Category:Other
NIPPON
 
An Idemitsu Tanker Co. crude oil tanker entered the Ise Bay in central Japan on Monday morning, becoming the first oil tanker to arrive in the country after passing through the Strait of Hormuz amid the conflict between the U.S.-Israel side and Iran.
The Idemitsu Maru, operated by the Id...

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Central Tokyo Average Condo Price Rises 38.9% In April

  • Category:Other
JAPAN TODAY
 
The average price of a new condominium in central Tokyo in April rose 38.9 percent from a year earlier to 124.98 million yen, reflecting a rebound from the previous year's drop and rising construction costs, a research institute said.
The price in the greater metropolitan area cover...

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Uniqlo’s Largest South Korea Branch Reopens After Five Years

  • Category:Shopping
ARAB NEWS
 
Japanese retailer Uniqlo reopened its global flagship and largest store in South Korea on Friday, five years after shutting down in 2021. 
Located at the heart of Myeong-dong in Seoul, the store spans three floors and covers an area of approximately 3,254 square meters, making it the ...

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