Oct 8, 2011

Son mourns as he announces iPhone pricing

Softbank Corp. President Masayoshi Son mourned Friday over the death of a key business partner, Apple founder and former CEO Steve Jobs, on the same day that his company started receiving reservations for the new iPhone 4S. Son revealed Softbank’s pricing policy for the ...

‘Smart city’ projects revived by disasters

Oct 4, 2011

‘Smart city’ projects revived by disasters

Ever since the March 11 disasters exposed the nation’s dependence on conventional power sources and infrastructure, energy-efficient “smart city” projects have drawn increasing attention. So far Japan has bucked the global trend toward smart cities, which take advantage of IT-controlled power grids and renewable ...

Markets relieved by Noda but obstacles remain

| Aug 30, 2011

Markets relieved by Noda but obstacles remain

Market watchers and political experts welcomed the victory of Finance Minister Yoshihiko Noda, an advocate of a tax hike and a fiscal hawk, in the Democratic Party of Japan’s presidential race Monday but the new DPJ leader, who was expected to be appointed prime ...

Solar plant cleans Kawasaki image

Aug 17, 2011

Solar plant cleans Kawasaki image

Few people may realize there is a giant solar power plant in the heart of the Tokyo metropolis, where available open land is scarce. But in Kawasaki, Tokyo Electric Power Co.’s 11-hectare Ukishima plant, with its 37,926 solar panels, is proving the exception. The ...

Backup batteries for home on radar

| Aug 9, 2011

Backup batteries for home on radar

Storage batteries — especially those for home use — have been gaining attention since the March 11 earthquake and tsunami crippled the Fukushima No. 1 nuclear plant and sparked fears of blackouts hitting Tokyo during another sweltering summer. Although large systems designed for industrial ...

Jul 8, 2011

Firms branching out to mitigate disaster impact

Fears of power shortages stemming from the Fukushima nuclear disaster are prompting companies to move to the western part of the country or even overseas to reduce the risk of unexpected business disruptions. Some companies that own offices only in Tokyo are taking steps ...

Doubled sales tax by ’16 gets nod

Jul 1, 2011

Doubled sales tax by ’16 gets nod

Yielding to strong opposition from the ruling Democratic Party of Japan, the government of Prime Minister Naoto Kan, the DPJ president, approved a social security and tax reform plan Thursday that will enforce a 10 percent consumption tax “by the mid-2010s,” instead of its ...

Jun 28, 2011

Nissan targets 8% share of global market in six years

Nissan Motor Co. CEO Carlos Ghosn said Monday the automaker aims to achieve a global market share of 8 percent by the business year ending in March 2017 by focusing on rapidly expanding emerging markets. The figure shows that Nissan is taking a bullish ...

Jun 24, 2011

Automakers facing rough road overseas

Production capacity at Japanese carmakers is recovering faster than they initially forecast after the March 11 quake and tsunami, but winning back their overseas market shares lost in the aftermath of the disaster remains a challenge, analysts say. With the carmakers announcing belated earnings ...