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Toyota Maintains Net Profit Forecast Despite Drop In First Half

  • Category:Other
JAPAN TODAY
 
Japanese auto giant Toyota kept its annual net profit forecast unchanged on Wednesday, despite logging a 26 percent drop for the first half of this financial year.
The world's top-selling automaker said unit sales were hit by production cuts in its home market, related to a failure ...

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Nintendo’s Switch Successor to Be Backward Compatible; Online Services Also Carried Over to New Console Generation

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JAPAN NEWS
 
Nintendo Co. said Wednesday that the successor to its Nintendo Switch flagship game console will be compatible with existing Switch games.
Nintendo Switch Online, a paid service, will be also available on the successor console, the company said.
Nintendo President Shuntaro Furukawa m...

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Japan Stocks Higher At Close Of Trade; Nikkei 225 Up 2.16%

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INVESTING
 
Japan stocks were higher after the close on Wednesday, as gains in the Glass, Transportation Equipment and Banking sectors led shares higher.
At the close in Tokyo, the Nikkei 225 gained 2.16%.
The best performers of the session on the Nikkei 225 were IHI Corp. (TYO:7013), which rose ...

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Japan Textile Maker Toray Draws Curtain on Campaign Girls

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NIPPON
 
Japanese textile maker Toray Industries Inc. said Wednesday that it will end the use of promotional models known as Toray campaign girls after 43 years.
The Toray campaign girl program, launched in 1981, will be discontinued in December this year as it has achieved its aims, the company ...

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Japan Business Circle Calls for China Resuming Visa-Free Travel; Keizai Doyukai Visit to Country Marks 1st in 8 Years

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JAPAN NEWS
 
The delegation of the Japan Association of Corporate Executives (Keizai Doyukai) on Monday called for China to exempt Japanese short-term visitors from visa requirements soon in its first visit to the country in eight years.
Doyukai Chairperson Takeshi Niinami among others met Chines...

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Tokyo Stock Exchange Extends Closing Time For 1st Time In 70 Years

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JAPAN TODAY
 
The Tokyo Stock Exchange has extended its trading hours by 30 minutes starting Tuesday without any trouble on the first day, as it aims to make the bourse more attractive to foreign investors and boost dealing activity.
With the first extension of its closing time in 70 years, the T...

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Nissan, Mitsubishi to Establish Joint Venture for Level 4 Autonomous Driving Service; EV Batteries also Within Scope

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JAPAN NEWS
 
 
Nissan Motor Co. and Mitsubishi Corp. have decided to establish a joint venture by the end of fiscal 2024 to provide services involving self-driving cars and electric vehicles, it has been learned.
The two companies aim to provide a service to transport passengers using Level 4 aut...

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Japan Gov't-Backed Agency Opens Kyiv Office To Promote Trade, Business

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JAPAN TODAY
 
A Japanese trade promotion agency has opened an office in Kyiv to facilitate private businesses' entry into Ukraine, in one of Japan's latest efforts to support the war-ravaged country's economy amid Russia's prolonged invasion.
The government-backed Japan External Trade Organizatio...

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How Japan's Youngest CEO Transformed Hello Kitty

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BBC
 
Hello Kitty, arguably Japan's best loved creation, is celebrating her 50th anniversary.
But all has not always been well at Sanrio, the Japanese company behind the character. The business has been on a spectacular journey of financial peaks and valleys.
Hello Kitty has been ranked the secon...

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Dollar Profits From Japan Political Uncertainty, Pound Awaits UK Budget

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REUTERS
 
The dollar hit three-month highs against the yen on Tuesday as the loss of a parliamentary majority for Japan's ruling coalition in weekend elections muddied the political and monetary picture, while sterling was firm ahead of a new British budget.
The Chinese yuan, which touched its we...

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