Business Topics

Aug 31, 2016

Google 'plans tie-up' with MUFG on Android Pay platform

Alphabet Inc. will tie up with Mitsubishi UFJ Financial Group Inc. on its Android Pay platform, a person with knowledge of the matter said, the latest move by a technology giant to tap Japan’s rapidly growing digital payments market. Starting as early as this ...

Aug 31, 2016

JX, TonenGeneral finalize merger as Japan's biggest oil refiner

JX Holdings Inc. and TonenGeneral Sekiyu KK on Wednesday finalized an agreement to form Japan’s biggest oil refiner starting in April. JX Holdings will give 2.55 shares for each TonenGeneral share, the two companies said in a joint statement. The deal values TonenGeneral at ...

Mitsubishi Aircraft says MRJ delivery still on track

Aug 30, 2016

Mitsubishi Aircraft says MRJ delivery still on track

Mitsubishi Aircraft Corp. said it is sticking to the schedule of handing over its first plane in 2018 after issues with the jet’s air conditioning ventilator this weekend grounded the plane from further test flights. The company is working with United Technologies Corp., the ...

Truckload of Takata inflators explodes in Texas, killing woman

Aug 30, 2016

Truckload of Takata inflators explodes in Texas, killing woman

Air bag maker Takata Corp.’s troubles worsened Monday as the company confirmed that a truck carrying its inflators and a volatile chemical exploded last week in a Texas border town, killing a woman and injuring four others. The truck, operated by a subcontractor, crashed, ...

Aug 29, 2016

Japan's three biggest banks seeking business expansion in Africa

The three mega-banks said they will expand their businesses in Africa, following Prime Minister Shinzo Abe’s pledge over the weekend to bolster measures to boost investment in the resource-rich continent. Sumitomo Mitsui Banking Corp., Mizuho Bank and the Bank of Tokyo-Mitsubishi UFJ are aiming ...

Hotel chain trains more female 'ryokan' chiefs

Aug 29, 2016

Hotel chain trains more female 'ryokan' chiefs

by

In view of the increasing number of foreign visitors to Japan, Fujita Kanko Inc., a Tokyo-based hotel chain, is stepping up efforts to train female staff in providing service in the style of okami at Japanese ryokan (inns). The okami is the chief female ...

Mitsubishi Regional Jet aborts flight to U.S. for second time

Aug 28, 2016

Mitsubishi Regional Jet aborts flight to U.S. for second time

A passenger jet being developed by Mitsubishi Aircraft Corp. aborted its second attempt to head to the United States on Sunday when an air conditioning problem that thwarted its first bid reoccurred. The Mitsubishi Regional Jet, which has been mired in a series of ...

IPhone ready to play catch-up in Japan with swipe-to-pay chips

Aug 26, 2016

IPhone ready to play catch-up in Japan with swipe-to-pay chips

Apple Inc. is planning a new iPhone feature for Japan that will let people pay for mass-transit rides with their smartphones instead of physical payment cards. A future iPhone will include technology called FeliCa, a mobile tap-to-pay standard in Japan developed by Sony Corp., ...