In February, Hitachi Ltd., the nation's largest maker of electric equipment and infrastructure systems, splurged on one of its priciest acquisitions. The target was the railway vehicle and signal businesses of Italy's Finmeccanica S.p.A., a deal estimated at over ¥250 billion. The move was in ...
At an annual convention of the Regional Airline Association in Cleveland earlier this month, top Mitsubishi Aircraft Corp. officials were eager to promote its Mitsubishi Regional Jet ahead of its maiden flight in Japan this fall. Hiromichi Morimoto, who assumed the post of president at ...
Mitsui Fudosan Co., Mitsubishi Estate Co. and a handful of other foreign developers are taking stakes in major real estate projects such as high-rises and commercial properties in New York as the U.S. economy recovers. The foreign-backed deals are expected to further spur growth in ...
With no breakthrough in sight regarding Takata Corp.'s faulty air bags and its handling of extensive recalls, U.S. transportation authorities are ratcheting up pressure on the embattled Japanese auto-parts supplier. The world's No. 2 producer of air bags is widely seen as having been less ...
Japanese rail-car manufacturers are going up against increasing competition from Chinese rivals in the United States as they prepare for the opening of a bid expected later this year for cars that will be used on the planned high-speed rail link in California. Last year, ...
Often available for free at Japanese supermarkets and restaurants in major U.S. cities, Japanese community papers are competing hard with online media, including bloggers, for readers and struggling to generate ad revenue. The rise of community papers, meanwhile, has been partly responsible for at least ...
The smartphone-based Uber car hire service, which was born on the U.S. West Coast, has spread to a number of other cities in North America such as New York as well as other parts of the world, including Tokyo. Its success in reaching more than ...
Japan's two major timepiece makers, Citizen Watch Co. and Seiko Watch Corp., are zeroing in on the high end of the North American market where Swiss firms have built solid brand recognition. Citizen is resurrecting the time-honored Wittnauer brand, a marque dating back to the ...
Japan’s growing crop of low-cost carriers face a shakeout as their U.S. counterparts recover and begin expanding overseas.
It was just over half a century ago that Honda Motor Co.'s founder, Soichiro Honda, made public his aspiration to eventually enter the aviation business. That dream is about to take off. The HondaJet, a light aircraft developed by the carmaker's aviation unit, made its ...
