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Honda Recalls 800,000 Minivans Over Faulty Seats

  • Category:Event
JAPAN TODAY
 
TOKYO - Honda is recalling about 800,000 of its Odyssey minivans in the United States over faulty parts blamed for 46 minor injuries, the company said, just a month after settling a huge lawsuit on other defects.
The recall, which affects the 2011-2017 models sold in the U.S., may l...

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Toshiba Board to OK Plan to Raise ¥600 bil. to Stay on TSE

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THE JAPAN NEWS
 
TOKYO (Reuters) — Toshiba Corp. will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.
Tosh...

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Toyota to Sell EVs in China From ’20

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Toyota Motor Corp. will introduce electric vehicles in China from 2020 and is considering selling battery-powered autos developed by its local partners under the Japanese marque as Beijing prepares to tighten environmental regulations.
“To respond comprehensiv...

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GDP Sees 1.4% Annualized Rise, Marking Longest Growth in 16 Years

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Japan’s gross domestic product expanded for the seventh straight quarter in July-September, the longest growth in 16 years, led by strong exports on the back of the global economy recovery, government data showed Wednesday.
The country’s GDP enjoyed such a lo...

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Toshiba Sells TV Business to China's Hisense

  • Category:Event
JAPAN TODAY
 
TOKYO - Struggling Japanese conglomerate Toshiba said Tuesday it has decided to sell its television business to China's Hisense Group as part of its efforts to restore its balance sheet.
Toshiba agreed with the Chinese group to sell 95 percent in shares of its unit Toshiba Visual So...

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Team Rocket Outlines Recruitment Project in Saga Prefecture

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ROCKET NEWS
 
Team Rocket is getting ready to blast off into the skies above Saga Prefecture.
The prefecture’s Sagaprise! project opened a full website and revealed the details of its collaboration with the evil Pokémon-stealing organization on Wednesday. A press event and livestream was also hel...

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Japanese Households' Financial Assets Rising: Survey

  • Category:Event
JAPAN TODAY
 
TOKYO - An improving job market driven by Japan's economic recovery and booming stock prices helped increase households' net worth this year, a survey showed, suggesting the benefits of Prime Minister Shinzo Abe's reflationist Abenomics policies are broadening.
Households' average f...

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New Blue Cyclamen Variety Unveiled

  • Category:Event
THE JAPAN NEWS
 
NARITA, Chiba Pref. (Jiji Press) — Suntory Flowers Ltd. showed off its new brand of blue cyclamen in Narita, Chiba Prefecture on Thursday.
The cyclamen, which has many indigo petals and is named “Edo no Ao,” was unveiled to the press by the company, a unit of major Japanese food ...

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Inspections Scandal Puts Dent in Nissan’s Profits

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Nissan Motor Co. cut its annual profit forecast by almost 6 percent after announcing a recall of vehicles in Japan that went through an inspection process deemed faulty by the government.
The company halted production at domestic plants for local sales since O...

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JAL Upgrades Full-year Profit Forecast

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan Airlines (JAL) on Tuesday upgraded its full-year forecast as it booked a modest gain in half-year net profit thanks to solid domestic and international sales.
JAL said net profit rose 9.2 percent year-on-year to 78.0 billion yen ($690 million) for the six months to Sep...

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