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Businesses Await Japan's New Era Name as Emperor's Abdication Looms

  • Category:Other
JAPAN TODAY
 
 TOKYO — Companies that produce calendars and diaries are keeping close tabs on government debate about the likely upcoming change in Japanese era name, which is linked to the reigning emperor, as they prepare to put to market new era-correct products.
Following Emperor Akihito’s vi...

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Honda to Release New Civic in Summer

  • Category:Event
JAPAN TODAY
 
TOKYO — Honda Motor Co Ltd will release its next-generation Civic in the summer. Honda will offer three models of the new Civic; a hatchback, sedan and sports car.
The power train of the new Civic is a 1.5L direct-injection engine with the “VTEC” variable valve timing (VVT) mechani...

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SoftBank Expects to Gain From Trump’s Deregulation

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Reuters) — SoftBank Group Corp.’s CEO Masayoshi Son said on Wednesday the Japanese firm should benefit from President Donald Trump’s promised deregulation of the American economy and that he is keeping his options open about U.S. telecoms unit Sprint.
SoftBank, a telecommu...

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Ministry Seeks Better Vetting for Budget Smartphones

  • Category:Other
THE JAPAN NEWS
 
The communications ministry has asked an industry organization to thoroughly verify the identities of budget smartphone users when they form a contract, it has been learned.
It is often possible to complete subscription procedures on the internet for budget smartphones, which off...

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Weak Household Spending Dampens Japan's Recovery Hopes

  • Category:Other
JAPAN TODAY
 
TOKYO — Japan’s household spending fell in December for the 10th consecutive month, the government said Tuesday, the latest in a series of blows to the nation’s faltering growth plan.
Prime Minister Shinzo Abe came to office in December 2012 and launched his “Abenomics” growth plan—...

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Abe, Toyota Chief to Work Together to Boost U.S. Jobs

  • Category:Other
THE JAPAN NEWS
 
TOKYO — Japanese Prime Minister Shinzo Abe and Toyota Motor Corp President Akio Toyoda agreed Friday to work together to contribute to U.S. employment as a way to deal with President Donald Trump’s trade policy, according to a Japanese government source.
The leaders of Japan’s go...

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Takata Shares Plunge by a Fifth on Bankruptcy Fears

  • Category:Other
JAPAN TODAY
 
TOKYO — The volatile shares in Japan’s troubled Takata took another hammering Monday on fears for its future after a report the airbag maker’s creditors want it to go through a court-led bankruptcy.
On Saturday the firm announced Chinese-owned Key Safety Systems emerged as the leadi...

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Abe to Propose Plan for Creating 700,000 U.S. Jobs

  • Category:Other
THE JAPAN NEWS
 
Prime Minister Shinzo Abe intends to propose during a meeting with U.S. President Donald Trump on Feb. 10 a bilateral economic cooperation plan, including the creation of a $450 billion (¥51 trillion) market through railways and other infrastructure investments in the United Stat...

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Panasonic Upgrades Full-year Outlook

  • Category:Event
JAPAN TODAY
 
TOKYO — Japanese electronics giant Panasonic on Thursday revised up its full-year profit and revenue outlook following the weakness of the yen in the wake of Donald Trump’s election as U.S. president.
Panasonic, which slashed its annual forecasts three months ago, said it now expect...

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Sony Halves Forecast as Yen, Movie Unit Hammer Profit

  • Category:Other
JAPAN TODAY
 
TOKYO — Sony on Thursday halved its full-year profit forecast as it was battered by a near $1 billion writedown on its movie unit while a strong yen also dug into the Japanese firm’s bottom line.
The dour reading comes as the embattled entertainment giant struggles with a painful re...

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