Business Topics

Nov 17, 2015

Cessna targets 2019 takeoff for Seattle-Tokyo biz jet Hemisphere

Textron Inc.’s Cessna, started by a Kansas farmer who built his own plane in 1911, plans to offer a private jet with Seattle-to-Tokyo range to help the company lure buyers seeking bigger business aircraft. Large-cabin corporate planes have led an industry recovery as executives ...

Nov 16, 2015

JX Holdings, TonenGeneral mull business integration

JX Holdings Inc., parent of top Japanese oil wholesaler JX Nippon Oil and Energy Corp., and TonenGeneral Sekiyu K.K., the third-largest wholesaler, are considering management integration, informed sources said Monday. The two companies plan to start full negotiations soon with an eye to reaching ...

Nov 14, 2015

Mazda, Ford end capital tie-up after 36 years

Mazda Motor Corp. and Ford Motor Co. have dissolved their 36-year capital alliance but will continue to cooperate in production of some vehicles, sources close to the matter said Saturday. Ford sold the remainder of its stake, 2.1 percent, in the Japanese carmaker between ...

Nov 12, 2015

McDonald's Japan logs record nine-month net loss

McDonald’s Holdings Co. (Japan) on Wednesday reported a group net loss of ¥29.28 billion for January-September, the worst result for the nine-month period since its stock listing in 2001. Attributed in part to a series of incidents involving inedible items found in its food, ...

Chinese firm to acquire ski resort in Hokkaido

Nov 12, 2015

Chinese firm to acquire ski resort in Hokkaido

Commercial facility management company Shanghai Yuyuan Tourist Mart Co. is to buy a major ski resort in Hokkaido for ¥18.3 billion. China-based Shanghai Yuyuan Tourist Mart said it will acquire all outstanding shares in Hoshino Resorts Tomamu, a ski resort in the village of ...