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BUSINESS
Aug 8, 2008

Toyota posts bleak results for quarter

Toyota Motor Corp. said Thursday it posted a 28.1 percent drop in group net profit for the April-June quarter as sales in North America, the biggest market for many Japanese carmakers, were hit hard by the U.S. economic slide.
BUSINESS
Aug 7, 2008

ANA set to suspend or reduce 11 routes

All Nippon Airways Co. said Wednesday it will suspend or reduce 11 international and domestic routes beginning this fall as it struggles with surging jet fuel costs.
Japan Times
BUSINESS
Aug 7, 2008

Nissan shows off prototypes of electric, hybrid vehicles

YOKOSUKA, Kanagawa Pref. — Nissan Motor Co. unveiled prototypes Wednesday of electric and gasoline-electric hybrid vehicles it plans to launch in Japan and the United States in business 2010.
BUSINESS
Jul 30, 2008

Sony profit fell 47.4% in quarter; forecast pared

Sony Corp. said Tuesday its group net profit plunged 47.4 percent to ¥35 billion in the April-June quarter from a year ago amid fierce competition in the consumer electronics sector, including compact digital cameras and computers.
Japan Times
BUSINESS
Jul 29, 2008

Toyota cuts this year's worldwide sales forecast

Toyota Motor Corp. announced Monday it has lowered its global sales target for the year to 9.5 million units, down from the initial plan of 9.85 million, reflecting sluggishness in the U.S., Japanese and European markets.
BUSINESS
Jul 29, 2008

Welfare spending pushes up budget cap

Finance Minister Fukushiro Nukaga said Monday the government has set a limit of around ¥47.8 trillion for general expenditures in the fiscal 2009 budget.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past