February 2013
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Nissan's female execs help drive strong sales

Feb 26, 2013

Nissan's female execs help drive strong sales

by Ma Jie and Yuki Hagiwara

Among the 780,000 people employed in Japan’s auto industry, only three are women responsible for the rollout of new models. They all work at Nissan Motor Co. Mie Minakuchi is behind the newest Note hatchback, Nissan’s top domestic seller, which has seen sales triple ...

Feb 26, 2013

Tochigi earthquake shakes buildings in Tokyo

A 5.7-magnitude earthquake hit Tochigi Prefecture and its vicinity Monday, setting buildings in the capital swaying but causing no tsunami, seismologists said. NHK said no abnormalities were detected at nuclear power plants near the epicenter, which was north of Tokyo, where buildings rocked for ...

Feb 26, 2013

Chongryon head office up for auction

The Tokyo District Court said Monday it will accept bids from March 12 to 19 on the headquarters of a pro-Pyongyang residents’ body in an auction to recoup loans to the group by the government-backed Resolution and Collection Corp. Up for sale is the ...

Feb 26, 2013

Ito to head ANA's holding company

All Nippon Airways Co. President Shinichiro Ito will head the carrier’s new holding company to be set up April 1, sources said Monday. Senior Executive Vice President Osamu Shinobe, 60, will become president of the airline, the sources said, when it is placed under ...

Feb 26, 2013

Actor Sugi named special envoy

Actor and singer Ryotaro Sugi, known for his roles in numerous samurai dramas, was appointed Monday as special ambassador to promote the 40th anniversary of cooperative ties between Japan and the Association of Southeast Asian Nations. Sugi, 68, will be involved in promotional campaigns ...

Feb 26, 2013

Japan, U.S. to hold antiterror talks

Japan and the United States will hold bilateral consultations this week in Tokyo on international terrorism in light of the Algerian hostage incident last month, which claimed the lives of both Japanese and U.S. citizens, the Foreign Ministry said Monday. Among the participants expected ...

Feb 26, 2013

Takeda recalls anemia drug in U.S.

Takeda Pharmaceutical Co. will voluntarily recall the Omontys anemia drug in the United States in response to reports of fatal reactions in some patients. Omontys is used to treat anemia caused by chronic kidney diseases. In the U.S. market, Takeda has been selling it ...

Feb 26, 2013

Trawlers, freighter collide; one dies

One man died and another was missing Monday after two Japanese fishing boats were involved in a collision with a Taiwan-registered containership in Osaka Bay. The boats, which belong to a fishery cooperative in Osaka Prefecture, capsized after colliding with the 13,246-ton Wan Hai ...

Feb 26, 2013

Goldman to pare Tokyo office space

Goldman Sachs Group Inc. is in talks with its Tokyo landlord to cut office space as it seeks to reduce expenses, two sources said. The Wall Street firm, which rents six floors of the Mori Tower in the Roppongi Hills office complex, is in ...

Feb 26, 2013

U.S. forces seek closer ties with communities

A senior official with the U.S. Marine Corps in Okinawa said the U.S. military intends to strengthen cooperation with local authorities to conduct relief operations smoothly in the event of a huge earthquake. Robert D. Eldridge, deputy assistant chief of staff of government and ...

Feb 26, 2013

TDK humidifier in fatal fire recalled

Greater effort will be made to recall a humidifier model manufactured by TDK Corp. that is suspected of causing a fatal fire, government sources said Monday. The Consumer Affairs Agency is cooperating with other government agencies to accelerate such efforts, they said. The major ...

Feb 26, 2013

Government to sell massive JT stake

The government said Monday it will sell a stake in Japan Tobacco Inc. worth nearly ¥1 trillion to help cover reconstruction costs for the 2011 earthquake and tsunami in the country’s largest share offering since 2010. The Finance Ministry owns about 1 billion shares, ...

Feb 26, 2013

'Abenomics' whets appetite of rich as sales of luxury items surge

Sales of luxury goods at domestic department stores are rapidly growing, as the economy shows signs of life apparently due to Prime Minister Shinzo Abe’s economic policies, dubbed “Abenomics.” “Buying appetite among the rich has been on the rise,” said an official at Sogo ...

Firms go abroad by hiring foreign students here

| Feb 26, 2013

Firms go abroad by hiring foreign students here

by Kazuaki Nagata

As Japanese companies continue to look overseas for opportunities to expand, an increasing number are trying to hire foreigners — or what they call “global human resources.” As part of this trend, it is growing more common for foreign students studying here to apply ...

BOJ should have Kuroda at helm: Abe

Feb 26, 2013

BOJ should have Kuroda at helm: Abe

The government will nominate Asian Development Bank President Haruhiko Kuroda as the next Bank of Japan governor and scholar Kikuo Iwata as one of two deputy governors.

Feb 26, 2013

South Korean merchants plan Japan boycott

South Korea’s self-employed merchants said Monday they plan to boycott Japanese products to protest Tokyo’s latest sovereignty claim to a pair of islets controlled by South Korea, according to Yonhap News Agency. “The boycott is to show the resolve of merchants to protect Dokdo,” ...