Politics & Diplomacy
Hashimoto to retract sex suggestion for U.S. military
Osaka Mayor Toru Hashimoto aims to retract his remark that U.S. servicemen in Okinawa should use the local adult entertainment industry to avoid committing sex crimes.
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Japan’s number two carmaker, Nissan, said Thursday it would recall some 841,000 compacts worldwide due to a steering wheel problem. The recall will cover the Micra, known as the March ...
The nation’s main breweries are trying to raise sales of premium beer over cheap quasi-beer as consumer sentiment improves with the stock market upturn. Premium beer has been locked in ...
All Nippon Airways Co. will resume flights of the troubled 787 Dreamliner this month, slightly earlier than scheduled, sources said Thursday. ANA, which initially wanted the advanced Boeing Co. plane ...
Softbank is offering to give the U.S. government an unusual degree of influence over the operations of Sprint Nextel amid ...
The operator of Tokyo Skytree is considering issuing annual observatory entrance passes, Michiaki Suzuki, president of Tobu Tower Skytree Co., ...
Sony Corp. said Wednesday that its board of directors will consider a proposal by a U.S. hedge fund to put on the stock market a minority stake in Sony’s entertainment division, retracting an earlier statement that they won’t be put up for sale. Daniel ...
Olympus Corp. fears sales of its compact cameras may fall by half next fiscal year, extending a decline as consumers increasingly use smartphones to take pictures. Volume sales will drop to about 1.35 million units as early as the year starting in April, Chief ...
JPMorgan Chase shareholders Tuesday voted to let Jamie Dimon — the chairman and CEO — keep both his jobs, but the bank’s board faces added pressure after some of its members barely won a majority. The Wall Street banking titan, under pressure over the ...
The Consumer Affairs Agency has ordered KDDI Corp. to stop exaggerating the coverage area of its LTE high-speed network for the iPhone 5. The agency said Tuesday that KDDI boasted in product catalogs and on its website late last year that its LTE network ...
Chubu Electric Power Co. plans to establish a joint special purpose company with Tokyo Electric Power Co. to build and operate a coal-fired power plant, industry sources said Wednesday. Chubu is expected to shoulder most of the construction cost for the 600,000-kw plant, which ...
Toyota Motor Corp. President Akio Toyoda took the steering wheel in the Nurburgring 24-hour endurance race through Monday in western Germany, with his team finishing second in its class, the automaker said. Toyoda teamed with three professional drivers to race a Lexus LF-A in ...
Softbank Corp. plans to sell ¥400 billion in bonds targeting individual investors to fund its $20.1 billion purchase of Sprint Nextel Corp. The mobile phone company will price the five-year notes to yield from 1.25 percent to 2.25 percent on June 3, according to ...
Apple used a “complex web” of offshore entities — with no employees or physical offices — that allowed it to pay little or no taxes on tens of billions it earned overseas, according to a Senate investigation unveiled Monday. Between 2009 and 2012, the ...
Nissan Motor Co. and Mitsubishi Motors Corp. on Monday started manufacturing a jointly developed minivehicle to be launched on June 6 across Japan. The two automakers together command about 10 percent of the minivehicle market. By cooperating, they think they can increase that to ...
KDDI Corp. said Monday it will begin selling four new smartphones this summer, including the HTC J One, the Japanese version of an internationally renowned model by Taiwanese maker HTC Corp. featuring enhanced sound. Buyers who sign a two-year contract can get the HTC ...
Mitsubishi Electric Corp. aims to boost its group sales to ¥4 trillion in the business year ending in March 2015, from projected sales of ¥3.81 trillion in fiscal 2013 by expanding key operations, including elevator production and sales overseas, the firm’s president said Monday. ...
Goldman Sachs Group Inc. said Monday that it plans to invest as much as ¥50 billion in renewable energy projects in Japan in the next five years, tapping demand for electricity produced from solar and wind-power generators. The Wall Street firm also plans to ...