Business Topics

Nov 14, 2015

Mazda, Ford end capital tie-up after 36 years

Mazda Motor Corp. and Ford Motor Co. have dissolved their 36-year capital alliance but will continue to cooperate in production of some vehicles, sources close to the matter said Saturday. Ford sold the remainder of its stake, 2.1 percent, in the Japanese carmaker between ...

Nov 12, 2015

McDonald's Japan logs record nine-month net loss

McDonald’s Holdings Co. (Japan) on Wednesday reported a group net loss of ¥29.28 billion for January-September, the worst result for the nine-month period since its stock listing in 2001. Attributed in part to a series of incidents involving inedible items found in its food, ...

Chinese firm to acquire ski resort in Hokkaido

Nov 12, 2015

Chinese firm to acquire ski resort in Hokkaido

Commercial facility management company Shanghai Yuyuan Tourist Mart Co. is to buy a major ski resort in Hokkaido for ¥18.3 billion. China-based Shanghai Yuyuan Tourist Mart said it will acquire all outstanding shares in Hoshino Resorts Tomamu, a ski resort in the village of ...

Nov 10, 2015

Moody's downgrades Toshiba credit rating

Moody’s downgraded the credit rating of embattled electronics giant Toshiba Corp. on Monday days after the conglomerate announced deep midyear operating losses late last week. The agency slashed the Japanese company’s rating from Baa2 to Baa3 and also changed Toshiba’s outlook from stable to ...