Business Topics

Sep 29, 2016

Auto output in Japan rises 9.2% on year

The nation’s automobile output rose 9.2 percent in August from a year earlier to 621,349 vehicles, data released by eight major carmakers showed Wednesday. The figures suggest recovery after disruptions resulting from devastating earthquakes this spring in Kyushu. Domestic production at Japan’s top three ...

MRJ reaches U.S. after two false starts

Sep 29, 2016

MRJ reaches U.S. after two false starts

Mitsubishi Aircraft Corp., the builder of Japan’s first domestically made passenger jet, said its first test aircraft arrived in the U.S. after two aborted attempts last month, and is ready to start certification testing. The plane arrived at Grant County International Airport at Moses ...

Sep 28, 2016

Toshiba more than doubles profit outlook as yen drives sales

Toshiba Corp. raised its forecast for first-half operating profit to ¥70 billion from ¥30 billion, crediting growth in storage and electronic devices for a more than doubling of its earnings outlook. A weaker-than-expected yen and sales of hard drives and smartphone memory are the ...

Sep 27, 2016

MetLife to offer staff buyouts amid investment squeeze

MetLife Inc. said its Japanese business will offer early retirement packages to some staff as the insurer consolidates operations in Tokyo to help counter pressure from low bond yields. Nonsales employees who are 45 or older and have been with the insurer for at ...

Sep 25, 2016

Yahoo Japan eyes four-day workweek for all its employees

Yahoo Japan Corp. is considering introducing a four-day workweek for all its 5,800 employees, sources have revealed. The subsidiary of SoftBank Group Corp. plans to implement the system in stages over several years, but wages under the new system have not been determined, the ...