Business Topics

Feb 1, 2017

Toyota expects Thai auto sales to log 8% rise this year

Toyota Motor Corp. is aiming to boost its new vehicle sales in Thailand by 8 percent this year by introducing new models on the back of the recovering local auto market. The leading Japanese automaker’s Thai arm, Toyota Motor Thailand Co., announced Tuesday that ...

Feb 1, 2017

Komatsu joins peers in signaling mining rebound remains elusive

Komatsu Ltd., the world’s No. 2 supplier of construction equipment, said industry-wide demand from miners fell 13 percent in the last quarter, signaling that the rebound in commodities prices is yet to feed through into better sales of the giant trucks and excavators used ...

Toyota announces closure date for plant near Melbourne

Jan 31, 2017

Toyota announces closure date for plant near Melbourne

Toyota Australia has announced that it will end vehicle production at its Altona plant near Melbourne in early October, more than halving its local workforce. Toyota said in 2014 it would end production in Australia this year but had not set a closure date ...

Jan 31, 2017

Canon CFO says investing in Toshiba's chip business 'difficult'

Canon Inc. views it as difficult to invest in Toshiba Corp.’s flash memory business because the company already has a number of investment projects going on and sees little time left to assess its property, Canon Chief Financial Officer Toshizo Tanaka said Tuesday. Speaking ...

Nintendo's third quarter profit jumps on Pokemon game sales

Jan 31, 2017

Nintendo's third quarter profit jumps on Pokemon game sales

Nintendo Co.’s third-quarter profit more than doubled from a year earlier on healthy sales of Pokemon game software, the company said Tuesday. Nintendo, which makes Super Mario games and will start selling the Switch console March 3, reported a better-than-expected October-December profit of ¥64.7 ...