Masatsugu Horie

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

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. ...

Ranks of homeless swell in Osaka

Apr 11, 2009

Ranks of homeless swell in Osaka

OSAKA (Bloomberg) Within two months of losing his job packing shelves at a cold-storage company in Osaka, Toshiyuki Miki said, he was homeless. He counts himself among the many people worldwide whose life has been turned upside down in the wake of the “Lehman ...

Japanese whiskey talk of town

Mar 26, 2009

Japanese whiskey talk of town

Toru Itakura sipped whiskey from plastic cups as showgirls cavorted, bagpipes played and a little bit of Scotland came to Tokyo at a sampling for connoisseurs. Itakura, a bar owner in Yokohama, finally chose a Scotch, as well as Ichiro’s Malt, a little-known Japanese ...