Business Topics

Fuji Dream Airlines announces Nagoya-Izumo route

Jan 19, 2015

Fuji Dream Airlines announces Nagoya-Izumo route

Fuji Dream Airlines Co. is set to launch a route from Nagoya to Izumo, Shimane Prefecture, to meet an expected increase in the number of tourists to Izumo Taisha, one of the nation’s oldest and most revered Shinto shrines. The new route was announced ...

Subaru puts China production plans on hold as car demand wanes

Jan 19, 2015

Subaru puts China production plans on hold as car demand wanes

Fuji Heavy Industries Ltd., the only Japanese automaker without Chinese government approval to start a joint venture, has put efforts on hold to build cars in the country, where demand growth is slowing. Sales in China would not be enough to guarantee profitability, Akira ...

Jan 19, 2015

Fujitsu nominates executive Tatsuya Tanaka as next president

Fujitsu Ltd. said on Monday it has nominated Tatsuya Tanaka, senior vice president in charge of Asian operations, as its new president, replacing Masami Yamamoto, who has promoted the firm’s structural reforms since taking the post in 2010. Tanaka, 58, will assume the presidency ...

Jan 16, 2015

Toyota labor unions to demand minimum ¥6,000 pay hike

The federation of labor unions at Toyota Motor Corp. said Friday it plans to make a unified demand for a pay-scale hike of at least ¥6,000 per month during the spring wage talks this year. It will be the Federation of All Toyota Workers’ ...

Uniqlo under fire for 'unsafe' factories

Jan 14, 2015

Uniqlo under fire for 'unsafe' factories

Clothing giant Uniqlo has come under fire for buying supplies from Chinese factories accused of putting workers at risk in dangerous conditions, with sewage on the factory floor, extremely high temperatures and poor ventilation. The claims made by a Hong Kong-based human rights group ...

Japanese automakers debut sports cars, pickups at Detroit show

Jan 13, 2015

Japanese automakers debut sports cars, pickups at Detroit show

The North American International Auto Show opened in Detroit with Japanese automakers debuting sports cars and pickup trucks, taking advantage of U.S. market trends toward less fuel-efficient vehicles as fuel prices drop. With an enthusiastic auto industry reporting annual sales in 2014 of more ...

Jan 9, 2015

U.S. to probe Sony, dozen others over wireless headsets

The U.S. International Trade Commission said on Thursday it will investigate 13 companies including Sony Corp. and its affiliates over possible patent infringement involving wireless audio devices. The others include Sennheiser electronic GmbH & Co. KG of Germany and companies in Australia, Denmark, Ireland ...

Jan 9, 2015

Fast Retailing's profit beats estimates as Uniqlo sales surge

Fast Retailing Co. reported a 64 percent spike in quarterly profit after selling more Uniqlo casual wear than expected in Japan and overseas, while the weakening yen further boosted returns. Net income rose to ¥68.8 billion in its fiscal first quarter ended in November, ...

Jan 9, 2015

Sony to delay sale of PlayStation 4 in China

Sony Corp. will delay sales of the PlayStation 4 in China, originally scheduled for this Sunday, due to “various factors,” the company said. Sony’s computer entertainment division said Thursday a new sale date had not yet been determined, but a company source in China ...