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Sharp May Cut 3,000 Jobs in Japan
- Category:Other
THE JAPAN NEWS
The Yomiuri Shimbun
Sharp Corp., which is undergoing management restructuring, is considering a plan to cut up to 3,000 jobs, or about 15 percent of its workforce in Japan. The job cuts will likely take place in its poorly performing solar power business and head office administr...
The Yomiuri Shimbun
Sharp Corp., which is undergoing management restructuring, is considering a plan to cut up to 3,000 jobs, or about 15 percent of its workforce in Japan. The job cuts will likely take place in its poorly performing solar power business and head office administr...
- May 13, 2016
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Toyota Expects Strong Yen To End String Of Record Profits
- Category:Other
THE JAPAN NEWS
TOKYO (Reuters) — Toyota Motor Corp. forecast a bigger-than-expected 35 percent tumble in net profit for the current year due to the sharp appreciation of the yen, ending three straight years of record profits driven in part by a weak currency.
The automaker said on Wednesday pro...
TOKYO (Reuters) — Toyota Motor Corp. forecast a bigger-than-expected 35 percent tumble in net profit for the current year due to the sharp appreciation of the yen, ending three straight years of record profits driven in part by a weak currency.
The automaker said on Wednesday pro...
- May 12, 2016
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Nissan Confirms It Is In Tie-up Talks Mitsubishi Motors
- Category:Driving
JAPAN TODAY
TOKYO — Nissan Motor confirmed on Thursday it was in capital tie-up talks with scandal-hit Mitsubishi Motors, as media reports said the deal would effectively be an acquisition that would create a mega-automotive group.
The deal, if agreed, would create a firm that would rival globa...
TOKYO — Nissan Motor confirmed on Thursday it was in capital tie-up talks with scandal-hit Mitsubishi Motors, as media reports said the deal would effectively be an acquisition that would create a mega-automotive group.
The deal, if agreed, would create a firm that would rival globa...
- May 12, 2016
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Seven & i's New Head Keen On Advisory Role for Departing CEO Suzuki
- Category:Other
JAPAN TODAY
TOKYO — The incoming head of Japan’s Seven & i said he is keen for his predecessor Toshifumi Suzuki, who resigned last month after a power struggle, to become an adviser to the $90 billion retail conglomerate - an olive branch that could help mend a divided board.
The gesture by Ryu...
TOKYO — The incoming head of Japan’s Seven & i said he is keen for his predecessor Toshifumi Suzuki, who resigned last month after a power struggle, to become an adviser to the $90 billion retail conglomerate - an olive branch that could help mend a divided board.
The gesture by Ryu...
- May 10, 2016
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Honda to Recall 20 Million More Takata Air Bags: Nikkei
- Category:Driving
JAPAN TODAY
TOKYO — Honda Motor will recall an additional 20 million Takata-made air bags globally, a newspaper said Sunday, in a widening scandal that has led to the biggest auto recall in U.S. history.
Tokyo-based auto parts giant Takata is struggling to deal with a defect that can send metal...
TOKYO — Honda Motor will recall an additional 20 million Takata-made air bags globally, a newspaper said Sunday, in a widening scandal that has led to the biggest auto recall in U.S. history.
Tokyo-based auto parts giant Takata is struggling to deal with a defect that can send metal...
- May 9, 2016
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Suzuki’s Kingdom / Hands-on Leaader Helped Seven-Eleven Japan Leap Forward
- Category:Other
THE JAPAN NEWS
The Yomiuri Shimbun
This is the fifth installment of a series.
“Annual sales of Seven Premium-brand products surpassed ¥1 trillion for the first time,” Ryuichi Isaka, president of Seven-Eleven Japan Co., proudly declared on March 30.
Isaka, 58, was speaking at a spring event to e...
The Yomiuri Shimbun
This is the fifth installment of a series.
“Annual sales of Seven Premium-brand products surpassed ¥1 trillion for the first time,” Ryuichi Isaka, president of Seven-Eleven Japan Co., proudly declared on March 30.
Isaka, 58, was speaking at a spring event to e...
- May 9, 2016
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Toshiba Hires New President to Steer Past Accounting Scandal
- Category:Other
JAPAN TODAY
TOKYO — Scandal-hit Toshiba on Friday appointed a new president to steer the vast conglomerate past a huge accounting scandal that has hammered its reputation.
Company veteran Satoshi Tsunakawa, 60, a senior vice president who joined Toshiba in 1979, will replace incumbent chief Mas...
TOKYO — Scandal-hit Toshiba on Friday appointed a new president to steer the vast conglomerate past a huge accounting scandal that has hammered its reputation.
Company veteran Satoshi Tsunakawa, 60, a senior vice president who joined Toshiba in 1979, will replace incumbent chief Mas...
- May 6, 2016
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Recent Rise In Yen Extremely Worrying
- Category:Other
JAPAN TODAY
TOKYO — Japan’s finance minister says the recent sharp rise in the yen is “extremely worrying”, adding Tokyo will take action when necessary.
The remarks, which suggest Tokyo’s possible market intervention, came after the Japanese unit surged to an 18-month high against the dollar i...
TOKYO — Japan’s finance minister says the recent sharp rise in the yen is “extremely worrying”, adding Tokyo will take action when necessary.
The remarks, which suggest Tokyo’s possible market intervention, came after the Japanese unit surged to an 18-month high against the dollar i...
- May 5, 2016
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Tokyo Stocks Suffer Setback On Yen’s Surge
- Category:Other
THE JAPAN NEWS
TOKYO (Jiji Press) — Tokyo stock prices took another plunge on Monday, with investor sentiment bruised by the yen’s ascent to an 18-month high against the dollar, which fueled worries about corporate earnings.
On the Tokyo Stock Exchange, a flurry of selling sent the benchmark Ni...
TOKYO (Jiji Press) — Tokyo stock prices took another plunge on Monday, with investor sentiment bruised by the yen’s ascent to an 18-month high against the dollar, which fueled worries about corporate earnings.
On the Tokyo Stock Exchange, a flurry of selling sent the benchmark Ni...
- May 4, 2016
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Mitsubishi Motors Has Cash To Weather Scandal, But Brand Battered
- Category:Other
JAPAN TODAY
TOKYO — Mitsubishi Motors’ (MMC) market value and Japanese orders have halved since it admitted last week to rigging fuel economy tests, but with more than $4 billion in cash and low debt, the automaker should contain the potential damages.
The scope of its cheating also now seems mor...
TOKYO — Mitsubishi Motors’ (MMC) market value and Japanese orders have halved since it admitted last week to rigging fuel economy tests, but with more than $4 billion in cash and low debt, the automaker should contain the potential damages.
The scope of its cheating also now seems mor...
- May 4, 2016
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