Business Topics

Apr 11, 2015

Toyota to build new plant in China's Tianjin

Toyota Motor Corp. plans to build a new plant in Tianjin, China, sources close to the matter said Saturday. The revelation came after sources said last week that the world’s biggest automaker, which announced a freeze on plant construction in fiscal 2013, is planning ...

Worldwide preview for Apple Watch kicks off

Apr 10, 2015

Worldwide preview for Apple Watch kicks off

Tech fans in Japan got their first look Friday at the Apple Watch, with would-be early buyers queuing for a “trial fitting” in Tokyo’s Omotesando area. Apple says its first wearable device will connect wirelessly to a user’s iPhone and will be the interface ...

Apr 10, 2015

Nissan to provide technology for submarine robots

Nissan Motor Co. will provide driving support technology to improve the performance of submarine robots used to search for rare metals and other resources. The automaker said Thursday it will provide the technology for a joint project with the Japan Agency for Marine-Earth Science ...

HondaJet to make Japanese debut this month

Apr 9, 2015

HondaJet to make Japanese debut this month

The HondaJet will make its domestic debut at Sendai airport on April 25, where it will be put on display and perform demonstration flights, according to Honda Motor Co. The seven-seat business jet, representing Honda’s first leap into the airplane business, will also make ...

Apr 8, 2015

TSE chief Kiyota to head Japan Exchange Group

Japan Exchange Group Inc. has revealed a management shake-up with the president and board director of the JPX-operated Tokyo Stock Exchange Inc., Akira Kiyota, to take over as group CEO in June. Kiyota, 69, replaces Atsushi Saito, 75, who will retire. Koichiro Miyahara, 58, ...

Apr 8, 2015

Japanese firm assembling electric tricycles in Philippines

A Japanese electric vehicle manufacturer has begun mass producing electric tricycles in the Philippines. BEMAC Electric Transportation Philippines Inc., a subsidiary of Japan-based Uzushio Electric Co., is capable of producing at least 500 e-trikes a month. “The Philippines is the biggest market for this ...

Apr 8, 2015

Mizuho cherry-picks 130 RBS staffers to feed U.S. expansion

Mizuho Financial Group Inc. said Royal Bank of Scotland Group PLC’s Jennifer Powers, Victor Forte and Richard Smith will take senior roles in debt capital markets at the Japanese lender, which is hiring about 130 people from RBS to expand in the United States, ...

Apr 7, 2015

Bain Capital completes tender offer for Yukiguni Maitake

Major Japanese mushroom producer Yukiguni Maitake Co. said Tuesday that U.S. investment fund Bain Capital LLC’s tender offer for the company has been successfully completed. Bain Capital acquired 78.33 percent of outstanding shares in Yukiguni Maitake, exceeding the 51.44 percent the fund had set ...