Business Topics

Feb 8, 2017

SoftBank doubles group net profit in April-December

SoftBank Group Corp. said Wednesday its group net profit roughly doubled in the April-September period from a year earlier to ¥857.43 billion ($7.64 billion), helped by solid telecommunications business and improving profitability at its U.S. subsidiary Sprint Corp. Operating profit in the nine months ...

Honda, Hitachi to partner on electric vehicles

Feb 7, 2017

Honda, Hitachi to partner on electric vehicles

Automaker Honda Motor Co. has signed a deal with Hitachi Automotive Systems to jointly develop, make and sell motors for electric vehicles, as the industry adapts to concerns over global warming and the environment. The companies announced the agreement Tuesday. Honda, which also makes ...

Feb 4, 2017

Japan Tobacco sees no quick output fix for alternative smoking device

The capacity constraints that have dogged the domestic launch of Japan Tobacco Inc.’s heated-tobacco device will take a while yet to resolve, according to a company executive, handing a further boost to Philip Morris International Inc. in the world’s most advanced market for next-generation ...