Business Topics

Apr 6, 2015

Toyota Aqua named top-selling car for fiscal 2014

Toyota Motor Corp.’s Aqua hybrid repeated as the nation’s top-selling car in fiscal 2014, retaining its No. 1 ranking for the third consecutive year, industry bodies said Monday. There were 228,375 Aquas sold in the year ended last Tuesday, down 12.1 percent from fiscal ...

Taisho Bank, Tomony Holdings mull integration

Apr 6, 2015

Taisho Bank, Tomony Holdings mull integration

Taisho Bank, a second-tier regional bank based in the city of Osaka, and Tomony Holdings Inc., which owns similar-size banks in the Shikoku region, are looking at integrating in spring 2016, sources said Monday. Relevant parties, including Mitsubishi UFJ Financial Group Inc. — Taisho ...

Apr 3, 2015

Toyota to build new plants in China, Mexico

Toyota Motor Corp. has decided to set up a new plant in China and another in Mexico at a total cost of ¥150 billion, with construction seen starting from 2018, informed sources said Friday. The Chinese plant will have an annual capacity of 100,000 ...

Nissan to launch self-driving car in Japan in 2016, Ghosn says

Apr 3, 2015

Nissan to launch self-driving car in Japan in 2016, Ghosn says

Nissan Motor Co. will launch a car with self-driving technologies in Japan in 2016, the automaker’s CEO, Carlos Ghosn, announced in New York. “There will be a Nissan product in Japan, which will carry autonomous drive,” Ghosn said at a news conference Thursday on ...

Apr 3, 2015

Sales of Peyoung noodles to resume June 8

Maruka Foods Corp. will resume sales of its Peyoung brand instant noodles in the Kanto region on June 8, company officials said Thursday. Sales have been suspended since December following a customer complaint that an insect was found in the noodles. The company will ...

Line again files for listing on TSE

Apr 2, 2015

Line again files for listing on TSE

Free messaging app provider Line Corp. has once again filed for listing on the Tokyo Stock Exchange, informed sources said Thursday. Line applied in mid-2014 for a share sale in Japan and said it was eyeing a U.S. listing as well. But it pulled ...

Apr 2, 2015

Otsuka Kagu sales stall amid family management dispute

Furniture retailer Otsuka Kagu Ltd. said sales plummeted 37.8 percent in March year on year amid a painfully public dispute within its owning family over how the company should be managed. The dispute tarnished its image and deterred customers. The plunge contrasted with strong ...

Amazon Japan starts selling electric cars

Apr 1, 2015

Amazon Japan starts selling electric cars

First it was books, then household products; now you can buy an electric car from online shopping giant Amazon. The Japanese unit of German auto giant BMW on Wednesday started selling its i3 electric models on Amazon.co.jp. The high-end automaker’s small electric vehicle has ...