Loading

Search

:

Nidec Chief To Step Down After 45 Years

  • Category:Event
THE JAPAN NEWS
 
KYOTO (Jiji Press) — Nidec Corp. said Thursday that it will promote Executive Vice President Hiroyuki Yoshimoto, 50, to president to succeed Shigenobu Nagamori, in a bid to rejuvenate its management for further growth.
While stepping down as president, Nagamori, 73, will retain h...

More

Meiji to Support Mexico With White Cacao Saplings

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Meiji Holdings Co. will provide farmers in southern Mexico with saplings of rare white cacao, which is grown in the region and used to make high-end chocolate, officials have said.
The holding company for the confectionery and dairy product group hopes to sup...

More

BOJ: Cryptocurrency Won’t Threaten Yen

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Bank of Japan Gov. Haruhiko Kuroda said on Tuesday cryptocurrencies likely won’t threaten legal tenders like the yen any time soon as they are mostly used for speculative trading, rather than as payments and settlement means.
Kuroda also said the BOJ was closely...

More

Japan Opens Up to Foreign Direct Investors

  • Category:Event
JAPAN TODAY
 
TOKYO  - Businesses of the world: Japan wants you. With Japanese Prime Minister Shinzo Abe pledging to make Japan “the world’s easiest country for companies to do business in,” US and other foreign businesses of all sizes can now tap into a raft of incentives to set up shop in the w...

More

Global Economy / Japan a Lap Behind in Using Renewable Energy

  • Category:Event
THE JAPAN NEWS
 
Power generation amounts (see below) created through renewable energy sources are growing rapidly around the world, largely due to international efforts to combat global warming and a dramatic reduction in power generation costs. Urgent action is needed in Japan, where delays in ...

More

China's Didi Chuxing Takes Aim at Japan's Taxi Market

  • Category:Event
JAPAN TODAY
 
TOKYO  - Chinese ride-hailing giant Didi Chuxing announced a deal with Japanese telecom firm SoftBank on Friday to develop a taxi app in Japan, where services like Uber have struggled to make inroads.
SoftBank and Didi Chuxing announced a "partnership to provide platform services fo...

More

Japan Warns May: Firms Will Leave U.K. If Profits Threatened

  • Category:Event
THE JAPAN NEWS
 
LONDON (Reuters) — Japan warned Prime Minister Theresa May on Thursday that its companies would have to leave Britain if trade barriers after Brexit made them unprofitable.
Japanese firms have spent more than £40 billion ($56 billion) in Britain, encouraged by successive governme...

More

Nissan To Invest $9.5 Billion in China

  • Category:Event
JAPAN TODAY
 
BEIJING - Japanese automaker Nissan Motor and its Chinese joint venture partner announced on Monday a $9.5 billion investment plan in China to increase annual sales by one million vehicles and boost electric car production.
Dongfeng Motor Company is the latest Sino-foreign car compa...

More

Toyota Forecasts Record Net Profit For Full Fiscal Year

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese car giant Toyota on Tuesday revised its earnings forecast, saying it expected to see a record annual net profit thanks to a weaker yen and U.S. tax cuts.
Japan's top carmaker expects to bank a net profit of 2.4 trillion yen ($22 billion) for the fiscal year to March...

More

Panasonic Upgrades Earnings Targets On Cheap Yen

  • Category:Other
JAPAN TODAY
 
TOKYO - Japanese electronics giant Panasonic on Monday upgraded its annual earnings targets thanks to a weak yen and robust demand for its automotive products.
The Osaka-based company raised an annual profit forecast for the year to March to 210 billion yen ($1.9 billion), up from a...

More