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Japanese Guitar Maker Fernandes Declares Bankruptcy Due To Plummeting Sales

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JAPAN TODAY
 
A lot of first guitars in Japan were made by Fernandes, a Saitama-based company that started in 1969 and grew to receive worldwide recognition. 
Their guitars were especially popular in the ’90s, having been used by members of Metallica and Green Day, while in Japan, they were often...

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Japan Voters See Little Hope For Tariff Reprieve In Car Maker Mazda's Hometown

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JAPAN TODAY
 
When car maker Mazda sneezes, everyone catches a cold, say people in its hometown of Hiroshima in western Japan, but these days, auto parts maker Yuji Yamaguchi fears a deep chill is on the way.
"If Mazda builds fewer cars, our orders will drop," said Yamaguchi, whose 110-year-old f...

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Landmark Akihabara Arcade, Opened By Sega Over 30 Years Ago, Announces Sudden Closure

  • Category:Other
JAPAN TODAY
 
It’s been a tumultuous couple of years for the arcade industry in Japan. Not even the otaku mecca of the Akihabara neighborhood is completely buffered, as it’s been announced that one of the Tokyo neighborhood’s oldest “game centers,” as arcades are called in Japanese, will be closi...

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Japan's Trade Surplus Shrinks 31% In June As Exports To U.S. Plunge

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QAZIN FORM
 
Japan's trade surplus in June shrank 30.8 percent from a year earlier to 153.1 billion yen ($1 billion) as automobile and other exports to the United States plunged amid higher tariffs, government data showed Thursday, Kyodo reports.
Overall exports fell 0.5 percent to 9.16 trillion ...

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Japan Holds US Tariff Talks With Lutnick, Eyes Meeting With Bessent

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CNA
 
Japan's top trade negotiator Ryosei Akazawa held talks with US Commerce Secretary Howard Lutnick on US tariffs on Thursday (Jul 17), as Tokyo races to avert a 25 per cent levy that will be imposed unless a deal is clinched by an Aug 1 deadline.
During the 45-minute phone call, the two sides...

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Honda, Nissan In Talks On Sharing Common Auto Software

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JAPAN TODAY
 
Honda Motor Co and Nissan Motor Co are in talks on sharing common basic software for advanced vehicle control in a bid to catch up with U.S. and Chinese rivals, sources familiar with the matter said Monday.
The two automakers aim to launch vehicles to be operated by the new software...

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Firms Make ‘Alumni’ Networks to Boost Businesses; Experts Say Move Important Amid Growing Workforce Mobility

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JAPAN NEWS
 
There is a growing movement among companies to establish “alumni networks,” where former employees can interact with their former employers. The companies are aiming to improve their operations and create new businesses by leveraging the expertise of “outside” people who are familiar...

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Fuji Media To Implement Steps To Curb Activist Shareholder Influence

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JAPAN TODAY
 
Fuji Media Holdings Inc on Thursday said that it will implement measures to prevent activist shareholders from gaining control of the company.
The announcement of the anti-takeover steps comes after shareholders, including prominent investor Yoshiaki Murakami, told Fuji Media execut...

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Auto Tariff Impasse Sends U.S. Prices Up, Demand Down

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JAPAN TODAY
 
No deal before the initial July 9 deadline for U.S. "reciprocal" tariffs is expected to pressure Toyota Motor Corp and other major carmakers to raise prices to offset higher import costs -- a strategy likely to dent demand and further squeeze profits.
Japan-U.S. trade talks have mad...

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Nippon Steel Looking to Double Its U.S. Steel Output in 5 Years, Says CEO

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JAPAN NEWS
 
Nippon Steel Corp. plans to double its crude steel production in the United States in three to five years, according to its chairman and chief executive officer, Eiji Hashimoto.
During an interview with The Yomiuri Shimbun on Tuesday, Hashimoto outlined a plan to achieve the goal by ...

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