Confidence among Japanese manufacturers receded in May for the first time in nine months after hitting a decade-high level April, a Reuters survey has found, showing guarded optimism in a nascent export-led economic recovery. The monthly poll — which tracks the Bank of Japan’s ...
Manufacturers nationwide are wary of a possible U.S. border tax, with just over half expecting profits to take a hit if the United States slaps a 20 percent levy on imports, a poll showed on Monday. In response, they are thinking of cutting costs, ...
Headhunter Casey Abel spent four months trying to hire a data center architect for a Japanese automaker, including five meetings with the client — one with the top executive. In the end, the IT specialist joined an e-commerce company abroad for significantly more money. ...
Business sentiment for major companies turned positive for the first time in two quarters in July-September, thanks primarily to a recovery by manufacturers such as automakers, a government survey showed Friday. The business sentiment index for companies with capital of ¥1 billion or more ...
Ambition matters more than brains in Shigenobu Nagamori’s world. As chief executive officer of Japanese motor maker Nidec, Nagamori is known for his eccentric management style. Prospective employees have faced off against each other in eating and shouting competitions; new hires at headquarters in ...
Japan’s manufacturing sector is lagging behind other countries in utilizing information technology, according to an annual government report that called for improvements. The report, released Tuesday, also urged the industry, which accounts for some 20 percent of the country’s gross domestic product, to take ...
The oldest piece of equipment at Osaka Machine Tool Co. has been there so long that only the company’s 70-year-old chairman, Katumi Takata, still knows how to use it. He isn’t planning to replace it anytime soon. Many other Japanese manufacturers are equally reluctant ...
The Bank of Japan survey results reflect the “weakness” of the economic rebound, said one economist, and point to the lack of a driving force behind the recovery.
Caution over the yen's relentless decline is growing among Japan's exporters even as they profit under "Abenomics."
Manufacturers appear to be moving production back to Japan while the yen remains weak and labor costs rise abroad. If the trend results in an increase in domestic capital spending, it will benefit the economy, which is taking a blow from the first stage ...
Some 1,400 people file a joint lawsuit against three companies that manufactured the Fukushima No. 1 nuclear plant, saying they should be financially liable for damage caused by its 2011 meltdowns.
Prime Minister Shinzo Abe’s weakening of the yen through stimulus measures may be in danger of becoming too much of a good thing, according to Fukoku Capital Management Inc. “There’s the potential for a bad kind of yen depreciation if the Bank of Japan ...
