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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...

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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...

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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...

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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...

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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...

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Toyota Posts 54% Jump in Q3 Profit, Lifts Full-year Forecast

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Toyota Motor Corp. lifted its full-year profit forecast by 10 percent on Tuesday after posting its best quarterly operating profit in two years, boosted by a weaker yen and strong sales at home.
The nation’s biggest automaker now expects operating profit to incr...

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Nikkei Ends at Largest Loss Since 2016 After Dow's Record Point Fall

  • Category:Event
JAPAN TODAY
 
TOKYO - Tokyo stocks tumbled on Tuesday in a global stock rout with the Nikkei index posting its biggest decline since June 2016, on panic selling after the steepest single-day point drop on Wall Street overnight.
The 225-issue Nikkei Stock Average ended down 1,071.84 points, or 4.7...

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TEPCO Battles On To Supply Power

  • Category:Event
THE JAPAN NEWS
 
Tokyo and the surrounding area has been experiencing tight power supply conditions after record-breaking cold weather. In addition to the cold weather, there have been problems at thermal power plants and a reduction in solar power generation due to the solar panels being covered...

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Honda Revs up Annual Net Profit Forecast

  • Category:Driving
JAPAN TODAY
 
TOKYO - Honda Motor on Friday nearly doubled its annual net-profit forecasts, citing strong growth in the sales of its cars and motorcycles, as well as US corporate tax cuts.
Japan's third-largest automaker now expects net profit to hit one trillion yen for the fiscal year ending in...

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Imported White-meat Fish Hooks Bigger Slice of Market

  • Category:Event
THE JAPAN NEWS
 
Following historically poor domestic catches of salmon and walleye pollack, supermarkets and other retailers in Japan are increasingly turning to imported white-meat fish to fill the void on their shelves.
Walleye pollack is a leading variety of white-meat fish, and salmon is ver...

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