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Nissan to Review Ties with Renault

  • Category:Event
THE JAPAN NEWS
 
YOKOHAMA (Jiji Press) — Hiroto Saikawa, president of Nissan Motor Co., said Monday that the automaker will review its capital ties with France’s Renault SA.
At a press conference in Yokohama, Saikawa indicated that the mutual investment ratios will specifically be reconsidered.
T...

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Struggling Toshiba Returns to Black; Avoids Delisting

  • Category:Event
JAPAN TODAY
 
TOKYO - Struggling Japanese conglomerate Toshiba said Tuesday it had bounced back into the black after a disastrous year and will avoid a humiliating delisting from the Tokyo stock exchange.
The firm said it had booked a record net profit of 804.0 billion yen ($7.3 billion), compare...

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Tokyo Taxi Firm Hiring Foreign Drivers

  • Category:Driving
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Taxi operator Hinomaru Kotsu Co. is boosting the number of its foreign drivers in response to an increase in visitors from abroad.
A total of 23 foreign drivers from 11 countries, including Brazil, China and Egypt, are working for the Tokyo-based company.
Amo...

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Japan Logs Largest Current Account Surplus in Decade in FY 2017

  • Category:Tourism
JAPAN TODAY
 
TOKYO - Japan ran its largest current account surplus in a decade in fiscal 2017 on the back of increasing overseas earnings, government data showed Thursday.
The country logged a surplus of 21.74 trillion yen ($198 billion), up 3.4 percent from a year earlier, despite the rising co...

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Shipments Of New ‘Aibo’ Robot Dog Top 10,000

  • Category:Event
THE JAPAN NEWS
 
Domestic shipments of the new “aibo” robot pet dog reached 11,111 in mid-April, according to Sony Corp.
Since the robot’s release in January, its popularity has been soaring. People wanting to buy the new model can only do so by lottery at directly managed Sony outlets.
The compa...

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Toyota Posts Record Full-year Net Profit

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese car giant Toyota reported a record full-year net profit Wednesday thanks to a weaker yen and U.S. tax cuts, but warned about the outlook for the next 12 months.
The country's top carmaker said net profit jumped 36.2 percent to 2.49 trillion yen ($23 billion) in Apri...

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Takeda, Shire Reach Agreement on Buyout

  • Category:Other
THE JAPAN NEWS
 
Takeda Pharmaceutical Co. has agreed with Irish major drugmaker Shire PLC to start procedures for making the Irish company a wholly owned subsidiary, the Japanese firm announced Tuesday.
The total buyout price has reached about £46 billion (about ¥6.8 trillion) — the largest-ever...

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Major Japanese Companies Turn Their Eyes to LGBT Consumers

  • Category:Other
JAPAN TODAY
 
TOKYO - Major retailers and manufacturers in Japan are beginning to pay greater attention to consumers who identify themselves as members of the lesbian, gay, bisexual and transgender (LGBT) community in serving customers and developing products.
According to a survey conducted by a...

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SoftBank's Son 'Not Involved' in Sprint, T-Mobile Merger Approvals

  • Category:Other
JAPAN TODAY
 
TOKYO - SoftBank Group Corp's Chief Executive Masayoshi Son is not involved in trying to get the proposed merger of U.S. wireless carriers Sprint Corp and T-Mobile US Inc approved, Sprint's outgoing chief executive said on Thursday.
Marcelo Claure's comments dampen speculation Son m...

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Smart Convenience Store Opens in Huis Ten Bosch Hotel

  • Category:Stay
THE JAPAN NEWS
 
SASEBO, Nagasaki (Jiji Press) — An unmanned smart convenience store opened Tuesday in a hotel in the Huis Ten Bosch theme park in Sasebo, Nagasaki Prefecture, southwestern Japan.
The store, called Smart Combini, is located near the reception counter in Henn-na Hotel (Strange Hote...

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