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Nissan, Renault Launch 'Rebalanced' Alliance

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JAPAN TODAY
 
French automaker Renault and Japanese partner Nissan officially launched their "rebalanced" alliance on Wednesday as they seek to reset a rocky 24-year-old partnership.
The companies announced an agreement in February to put their partnership, which also includes Japanese automaker ...

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Japan's April-Sept. Current Surplus Triples To Record 12.7 Tril. Yen

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KYODO NEWS
 
Japan's current account surplus in the first half of fiscal 2023 tripled from a year earlier to a record 12.71 trillion yen ($84 billion), lifted by record-high foreign investment returns as falling energy import costs trimmed the trade deficit, government data showed Thursday.
Prima...

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Nippon Steel Drops Patent Lawsuit Against Toyota In Name Of Partnership

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JAPAN TODAY
 
Nippon Steel Corp. has dropped its lawsuit against Toyota Motor Corp. over a patent for a technology used in electric motors, saying wrangling among Japanese companies was not beneficial to keep the nation competitive.
Toyota and Nippon Steel see their partnership as critical in the...

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Toyota Exceeds Global Production of 300 Million Cars

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JAPAN NEWS
 
Toyota Motor Corp. announced Monday that its cumulative global production exceeded 300 million units as of the end of September.
The company passed the milestone 88 years and two months after the company’s predecessor, Toyoda Automatic Loom Works’ Automotive Production Division, ship...

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University Of Tokyo Asks Firms To Stop Pressuring Job-Hunting Students

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JAPAN TODAY
 
The University of Tokyo has called on companies to stop using pressure tactics on job-hunting students to get their preferred candidates to give up considering rival firms.
The request by Japan's most prestigious university comes as such practices have become problematic in recent y...

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Japan’s Fading Rally Drives Some Investors To Cheap China Shares

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TOP NEWS
 
 
Japanese stocks have trounced their Chinese peers this year, but some investors are betting the tide is about to turn.
Headwinds are growing for Japanese equities including deteriorating global growth and concern the era of yen weakness that has bolstered exporters’ earnings may be n...

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Japan To Create Manga-Support Fund

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ASIA NEWS
 
Prime Minister Fumio Kishida said he intended to include the expenses in an economic stimulus package to be approved by the Cabinet on Thursday.
The government plans to financially support the nation’s manga culture.
Speaking Wednesday at a meeting of a bipartisan manga caucus, Prime ...

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Japan Oks Osaka Expo Construction Budget Of Up To 235 Bil. Yen

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KYODO NEWS
 
The government announced on Thursday that it has approved the projected 235 billion yen ($1.6 billion) cost for constructing the venue for the 2025 World Exposition in Osaka, nearly double the organizer's initial estimate.
The cost will be split among the three parties -- the central...

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Japan's Two Major Airlines Log Profit Jump As COVID Curbs Removed

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JAPAN TODAY
 
Japan's two biggest airlines on Tuesday posted a significant recovery in profits in the April-September period as travel demand continued to pick up amid the removal of COVID-19 restrictions in the country.
ANA Holdings Inc. saw its group net profit more than quadruple from a year e...

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Japan’s NRA OKs Extension of Sendai N-Reactor Lifetimes

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JAPAN NEWS
 
 
Japan’s Nuclear Regulation Authority on Wednesday approved an extension of the operating lifetimes of two reactors at Kyushu Electric Power Co.’s Sendai nuclear power plant nearing 40 years since the start of operation.
The approval will allow the company to extend the lifetimes of...

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