Masatsugu Horie

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

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, ...

Cool Biz said to undermine productivity

Jul 25, 2009

Cool Biz said to undermine productivity

Takashi Kadokura used to strip down to his underwear when working late because of the heat. “We couldn’t concentrate on our work,” said Kadokura, 37, then an economist for Dai-ichi Life Research Institute in Tokyo. “The air conditioning was set at 28 degrees and ...

Grand jury system comes to Japan

May 22, 2009

Grand jury system comes to Japan

Eight years ago, Seiji Shimomura could only watch as his 2-year-old son Tomohito was crushed to death by crowds at a fireworks show in Hyogo Prefecture. Ever since, he has campaigned for high-ranking police officials to be indicted over their role in the matter. ...