May 13, 2014

Sony to hire ex-U.S. Ambassador Roos as outside director

Electronics giant Sony Corp. said Tuesday it will appoint former U.S. Ambassador to Japan John Roos and Kazuo Matsunaga, former vice minister of economy, trade and industry, as outside board directors. It will be the first time the company has appointed outside board members ...

Apr 24, 2014

Biz tax cut would lift GDP: METI

Japan’s gross domestic product would likely grow by at least ¥7 trillion if the effective corporate tax rate were to fall by about 10 points from the current level of around 35 percent, the industry ministry said in a recent survey. The estimate comes ...

Feb 3, 2014

METI asks Fukushima fisherman for groundwater diversion OK

KYODO The government on Monday asked a nationwide fisheries federation for permission to pump groundwater entering the crippled Fukushima No. 1 power plant complex into the ocean if it can keep the contamination level much lower than the legal limit. In negotiations with the ...

Jan 14, 2014

No rush to form new energy policy: Motegi

Industry minister Toshimitsu Motegi said Tuesday that he will not be rushed into deciding a new energy policy that supports the use of nuclear power. “We hope to finalize things as early as possible, but we don’t want to rush the process because it ...

Dec 13, 2013

Energy plan revised for nuclear emphasis

The Ministry of Economy, Trade and Industry has redrafted the nation’s national long-term energy plan by adding words that place more emphasis on nuclear power, it was learned Friday. Nuclear power is an “important base-load power source that serves as a foundation” for the ...

Nov 27, 2013

METI to support commercial facility construction in Fukushima

The Ministry of Economy, Trade and Industry plans to provide financial assistance to municipalities near the crippled Fukushima No. 1 nuclear power plant to help them build commercial facilities, sources said Wednesday. The plan is part of an effort to promote the return home ...

Converted EV begins 55-day nationwide demo run

Sep 24, 2013

Converted EV begins 55-day nationwide demo run

A British sports car that has been converted into an electric vehicle set off Tuesday on a 55-day demonstration run around Japan. The vehicle, converted from the two-seat Caterham Super Seven at a factory of Tohoku Jidosha Co. in Hachinohe, Aomori Prefecture, will visit ...

Aug 21, 2013

Renewables energy capacity surges

Renewable energy facilities that newly started operating in fiscal 2012 totaled 2.08 million kw in capacity, equivalent to two nuclear reactors, the Ministry of Economy, Trade and Industry said Tuesday. Solar power facilities, including those installed at homes and mega-solar plants, largely contributed to ...

Can a battery jolt economy?

Aug 7, 2013

Can a battery jolt economy?

by Chisaki Watanabe

In a windy town in Hokkaido, an experiment is about to begin with a battery designed to transform the way electricity is supplied and at the same time boost Prime Minister Shinzo Abe’s economic rescue plan. The Ministry of Economy, Trade and Industry is ...