Business Topics

Jul 11, 2014

Honda to recall more than 170,000 hybrids in Japan

Honda Motor Co. told the transport ministry Thursday that it will recall 175,356 units of its hybrid Fit subcompacts and Vezel sport utility vehicles in Japan because of an engine control computer glitch linked to cases of sudden acceleration. This is the fourth safety ...

Jul 11, 2014

Kyocera sues South Korea's Hanwha over solar power patent

Kyocera Corp. is suing the Japanese arm of South Korean conglomerate Hanwha Group for patent infringement related to technology that maximizes the efficiency of solar batteries. Kyocera said Thursday it filed the suit against Hanwha Q Cells Japan Co. with the Tokyo District Court ...

Disney resumes sales of new movies on iTunes in Japan

Jul 10, 2014

Disney resumes sales of new movies on iTunes in Japan

Walt Disney Co., the world’s largest entertainment company, resumed sales of new movies through Apple Inc.’s online store in Japan after halting them temporarily in a dispute over terms. Disney said in a statement Wednesday that the transactions had resumed after saying on its ...

RareJob aims to make 10 million English-speakers

Jul 10, 2014

RareJob aims to make 10 million English-speakers

RareJob Inc. hopes to attract as many as 10 million Japanese to its English classes, according to the president of the online education provider. “We want to offer services that enable everyone to speak English. We aim to become like a driving school, a ...

Mitsui O.S.K. to pioneer Arctic route for LNG

Jul 9, 2014

Mitsui O.S.K. to pioneer Arctic route for LNG

Officials from shipping giant Mitsui O.S.K. Lines Ltd. announced Wednesday their company will begin transporting liquefied natural gas through the Arctic Ocean in 2018 — making it the first company in the world to tap the sea as a regular transit route. Using icebreakers ...

Jul 9, 2014

Universal Studios looking to return to the TSE in 2015

The operator of Universal Studios Japan is considering relisting on the first section of the Tokyo Stock Exchange in the business year starting next April, sources said Wednesday. USJ Co., which operates the Osaka theme park featuring attractions based on popular Hollywood movies, is ...

Goldman's Japan M&A chief sees hunger for more deals

Jul 9, 2014

Goldman's Japan M&A chief sees hunger for more deals

by Takahiko Hyuga

When a 210-year-old vinegar company bought Unilever’s Ragu and Bertolli pasta sauce business last month, it showed that Japanese firms are becoming more adventurous in their search for growth, said Goldman Sachs Group Inc.’s national head of mergers and acquisitions. “Japan M&A is breaking ...

Jul 8, 2014

Narita airport shopping mall remodeled

New stores and eateries opened Tuesday at Narita International Airport, signaling the end to renovations of the shopping area at Terminal 1. According to Narita International Airport Corp., the airport’s operating company, the large-scale refurbishment that started in early March was aimed at “bringing ...

Jul 8, 2014

Toyota mulling raising prices in emerging markets

Toyota Motor Corp. is considering raising vehicle prices in emerging markets to offset the impact of weakening local currencies, according to a source. Depreciating currencies in Brazil and other growth markets on the back of the tapering of U.S. monetary stimulus are eating into ...