Business Topics

Japan's automakers returning to major racing events

Feb 17, 2015

Japan's automakers returning to major racing events

Honda Motor Co. and other Japanese automakers are returning to major international racing events as their earnings, dented by the fallout of the Lehman Brothers collapse in 2008, are back into overdrive thanks to the yen’s fall and cost reductions. This year, Honda will ...

Feb 16, 2015

Fanuc to invest ¥130 billion in new plant, lab expansion

Fanuc Corp. said Monday it will spend ¥130 billion to build a new plant and expand an existing research facility. The maker of industrial robots wants to boost its capacity to turn out products such as digital control machines, a component of machine tools. ...

Feb 15, 2015

NTT develops 'protean light' which allows still images to 'move'

Nippon Telegraph and Telephone Corp. has developed a special light that adds motion to still images, company officials said Sunday. Still images, such as photos and paintings, are composed of colors and shapes. The newly developed “protean light” lets the brain connect the colors ...

Feb 14, 2015

Takata air bags for 990,000 cars not fixed yet in Japan

The transport ministry said Friday that problems with Takata Corp. air bags had not been fixed for 991,377 cars as of the end of January. The number accounted for one-third of the 3.05 million cars subject to recalls due to defective Takata air bags. ...

ANA taps Vice President Katanozaka as new CEO

Feb 13, 2015

ANA taps Vice President Katanozaka as new CEO

ANA Holdings Inc. said Friday it has named Senior Executive Vice President Shinya Katanozaka as new president and chief executive, replacing Shinichiro Ito, effective April 1. Ito, 64, will in turn succeed Yoji Ohashi, 75, as chairman of the holding company for All Nippon ...

Sony to launch training headset for runners

Feb 13, 2015

Sony to launch training headset for runners

Sony Corp. said Thursday it plans to launch a training headset for runners called Smart B-Trainer that uses music to help runners adjust their pace. The 43-gram device monitors heart rate, calorie consumption and running pace, and even selects songs for adjusting the pace, ...

Feb 13, 2015

Bain to buy Japanese bathhouse operator for ¥50 billion

U.S. private-equity firm Bain Capital LLC will purchase a Japanese firm operating hot-springs inns and bathhouses nationwide for around ¥50 billion, expecting it to profit from an increasing number of foreign tourists, a source said Friday. Bain will acquire all shares in Ooedo-Onsen Holdings ...

Feb 12, 2015

Honda bets that Chinese tastes will prevail in Japan, too

by Ma Jie

Honda Motor Co. designed the Jade minivan with the extended Chinese family in mind, appealing to the preference for space to carry relatives. The automaker is pitching the same car to Japanese consumers with a twist. Sales of the 1.5-liter engine Jade begin tomorrow ...

Feb 12, 2015

Seven Eleven parent acquires Barneys Japan

Seven & i Holdings Co. said Thursday it now wholly owns Barneys Japan Co. after buying a stake of just over 50 percent in the operator of the Barneys New York luxury fashion stores in Japan from major trading house Sumitomo Corp. The Japanese ...