Masatsugu Horie

For Masatsugu Horie's latest contributions to The Japan Times, see below:

New president urges vehicle parts maker Aisin Seiki to change gear

Jul 22, 2015

New president urges vehicle parts maker Aisin Seiki to change gear

A former Toyota Motor Corp. executive is telling the carmaker’s second-biggest supplier to raise its game across its auto parts businesses or risk being benched. Yasumori Ihara, who ran Toyota’s emerging markets operations before becoming Aisin Seiki Co.’s president in June, plans to decide ...

Ambition and ego: Inside Nagamori's Nidec

Jul 17, 2015

Ambition and ego: Inside Nagamori's Nidec

Ambition matters more than brains in Shigenobu Nagamori’s world. As chief executive officer of Japanese motor maker Nidec, Nagamori is known for his eccentric management style. Prospective employees have faced off against each other in eating and shouting competitions; new hires at headquarters in ...

Nidec's 70-year-old CEO plans to run company 15 more years

May 29, 2015

Nidec's 70-year-old CEO plans to run company 15 more years

Shigenobu Nagamori plans to lead Nidec Corp. until he hits his latest financial target, a 10-fold increase in revenue he expects by 2030. He’ll be 85 then. One of Japan’s rare mergers and acquisitions specialists, Nagamori became a billionaire by cobbling together 41 companies ...

Toyota courts mom-and-pop investors with long view

| May 8, 2015

Toyota courts mom-and-pop investors with long view

Billionaire investors like Dan Loeb may be heroes on Wall Street, but Toyota Motor Corp. would prefer more people like Hisashi Nakanishi. The 77-year-old Japanese retiree plans to invest in an unusual new stock from the carmaker that hedge funds are unlikely to touch. ...

Loyalty to 1960s machine shows risk from Japan's aging factories

Apr 24, 2015

Loyalty to 1960s machine shows risk from Japan's aging factories

The oldest piece of equipment at Osaka Machine Tool Co. has been there so long that only the company’s 70-year-old chairman, Katumi Takata, still knows how to use it. He isn’t planning to replace it anytime soon. Many other Japanese manufacturers are equally reluctant ...

Toyota's recovery revives automaker's hometown

Mar 31, 2015

Toyota's recovery revives automaker's hometown

Takako Sugiyama isn’t sure how old her two grandchildren’s school is. She knows this: the building, in the city of Toyota, Aichi Prefecture, was dated when her three kids — now in their 50s — attended. This year, things will finally change. With Toyota ...

Toyota cash mountain draws calls for plants

Feb 4, 2014

Toyota cash mountain draws calls for plants

Toyota Motor Corp. President Akio Toyoda, whose company has accumulated a cash pile of almost ¥4 trillion, is facing calls to put that money to better use. The world’s largest carmaker is seeing profits surge as the yen weakens and demand rises in the ...

Staying home paying off for Toyota amid weakening yen

Nov 7, 2013

Staying home paying off for Toyota amid weakening yen

Staying at home is paying off for Toyota Motor Corp. The nation’s largest manufacturer, which produces almost half of its vehicles in Japan, has raised its full-year net income forecast by 13 percent as the weaker yen boosted earnings from exported Prius and Lexus ...

Nov 13, 2012

Investment in China off as feud drags on

After anti-Japan protesters in China smashed cars and torched dealerships, Koito Manufacturing Co. suspended a plan to triple its production in the country. With a new factory half-built, the Toyota supplier reasoned that it may no longer need it. “Demand from automakers is unclear, ...