Obuchi starts nuclear power pitch

Sep 21, 2014

Obuchi starts nuclear power pitch

New industry minister Yuko Obuchi started to spin a clear pro-nuclear message Sunday, seeking to convince a deeply skeptical public of the upside of atomic power by arguing that the resource-poor Japan should be realistic about meeting its energy needs. More than three years ...

Aug 15, 2014

METI to scold companies over keeping data secure

The government plans to urge companies to ensure personal information is being strictly managed in light of the customer data theft at correspondence education provider Benesse Corp., officials said Friday. The incident is prompting Ministry of Economy, Trade and Industry to call on firms ...

Aug 11, 2014

Tax hike sent tertiary index tumbling at record pace in April-June

The tertiary industry activity index for the April-June quarter tumbled at its fastest pace since comparable data became available in 1988 because of the consumption tax hike, according to government data released Monday. The index fell 3.8 percent from the previous quarter to 97.9 ...

Jul 14, 2014

Japan's May industrial output upgraded to 0.7% rise

Industrial output rose a seasonally adjusted 0.7 percent in May instead of the initially reported 0.5 percent, the Ministry of Economy, Trade and Industry said Monday. The index of output at factories and mines thus reached 100.0 against the base of 100 for 2010. ...

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 ...