Business Topics

Jun 23, 2015

Sapporo files protest after tax authorities reject refund request

Sapporo Breweries Ltd. filed a protest over national tax authorities’ earlier decision to refuse the brewery’s request for a tax refund. The beer maker lodged the protest with regional tax authorities in four prefectures and Hokkaido. The authorities rejected in April refunding ¥11.5 billion ...

Jun 23, 2015

Tourism boom in Japan prompts cross-industrial tie-ups

Major Japanese companies are looking to form cross-industrial alliances as they seek to capitalize on an increasing number of foreign tourists visiting Japan. Panasonic Corp. and JTB Corp. said Monday they will team up to offer new services by combining the electronics giant’s strength ...

Honda reports eighth death related to exploding air bags

Jun 22, 2015

Honda reports eighth death related to exploding air bags

Honda Motor Co. confirmed Monday a new death linked to an air bag, bringing the global total to eight fatalities. The company said a woman in Los Angeles died last September after a faulty inflator in a 2001 Honda Civic ruptured, firing metal shrapnel ...

Jun 22, 2015

Nomura terminates mortgage-bond traders amid market probes

Nomura Holdings Inc. has terminated two New York-based mortgage-bond traders for cause in connection with investigations of the market, according to regulatory records. The employees, Michael Gramins and Tyler Peters, were dismissed by the bank effective May 1 amid probes being conducted by the ...

Jun 20, 2015

Eighth Takata air bag death is confirmed

A woman who died in a Los Angeles-area car crash last September was the eighth person killed by exploding air bags made by Takata Corp., U.S. safety regulators and Honda Motor Co. confirmed Friday. The woman was identified in a lawsuit as Jewel Brangman, ...