Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
Crime & Legal Aug 28, 2013
Toyota U.S. chief testifies brakes pitched as 'Smart Stop' instead of 'Safe Stop'
Toyota Motor Corp. opted against marketing its brake-override system as “Safe Stop” to avoid promising more than the mechanism could deliver for driver safety, the company’s top U.S. executive told a California jury. Toyota’s chief executive officer for North America, James Lentz, testified Tuesday ...
Corporate Aug 25, 2013
Lexus takes aim at young buyers in Middle East
Toyota Motor Corp.’s Lexus unit decided to open one of its three new global luxury concept stores in Dubai to cater to growth opportunities in the Middle East, where consumers are among the youngest in the world. Dubai is one of the biggest growth ...
Editorial Aug 13, 2013
Opportunity to raise wages
armakers and other large Japanese manufacturers should take a cue from better business results of late, due to the weaker yen, and increase workers' wages.
National Aug 11, 2013
Toyota, China's Tsinghua University jointly studying PM2.5 air pollutants
Toyota Motor Corp. and China's prestigious Tsinghua University are conducting joint research on air pollution, in a rare instance of cooperation amid the Senkakus clash.
Corporate Aug 9, 2013
Subaru's record surge leads FHI to debate staying niche player
by Ma Jie and Yuki Hagiwara
Which carmaker’s stock has risen the most — some fivefold — since the beginning of 2012, besides Tesla Motors Inc.? Subaru producer Fuji Heavy Industries Ltd. Profits and sales are heading toward record levels as Fuji Heavy benefits more than most other Japanese automakers ...
Corporate Aug 2, 2013
Toyota ups profit forecast on yen fall
Toyota Motor Corp., Asia’s biggest carmaker, on Friday raised its full-year profit forecast by 8 percent, as the weaker yen bolsters the value of Japanese cars sold overseas. Net income in the year ending next March will probably climb to a six-year high of ...
Corporate Jul 31, 2013
Toyota targets vehicle output of 10.1 million
Toyota Motor Corp. will raise its group global output target for 2013 to around 10.1 million vehicles from the initial 9.94 million as it expects strong sales both at home and abroad, sources said Wednesday. No automaker in the world has ever produced 10 ...
Corporate Jul 31, 2013
Chinese dismiss Japan auto brands
Japanese auto brands posted a significant decline in customer satisfaction in China among foreign automakers, after the Senkaku Islands dispute sparked nationwide protests last year. Japanese brands trailed their South Korean, American and European competitors, beating only Chinese nameplates in an annual industry survey ...
Corporate Jul 29, 2013
Carmakers join push to spread charging stations
Domestic automakers led by Nissan Motor Co., producer of the zero-emission Leaf car, said they’ll team up to build up the number of the charging stations across the country to speed up adoption of electric cars. Nissan, Toyota Motor Corp., Honda Motor Co. and ...
Corporate Jul 24, 2013
Toyota, Ford end hybrid partnership
Toyota Motor Corp. and Ford Motor Co. end a partnership to jointly develop gas-electric hybrid systems for trucks and sport utility vehicles.
National Jul 24, 2013
Japan Inc. backs Olympics bid: Cho
by Minoru Matsutani
Corporate Japan is an active promoter of sports and is completely behind the effort to secure the 2020 Olympic Games for Tokyo, Toyota Motor Corp. Honorary Chairman Fujio Cho said Wednesday. “Many Japanese companies deeply understand the importance of sports,” Cho, who holds many ...
Corporate Jul 23, 2013
Steel maker reaches price hike pact
Kyodo Nippon Steel & Sumitomo Metal Corp. and Toyota Motor Corp. have agreed on a price hike for sheet metal in the April-September period of about ¥10,000 per ton, sources said Tuesday. The markup of roughly 10 percent from the preceding six-month period is ...