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BUSINESS
Sep 15, 2011

Toyota says its parts woes are 'behind us'

Toyota Motor Corp. resumed full production at all North American plants this week and said it will expand U.S. output of small engines as Japan's largest automaker works to boost sales slowed by a March earthquake.
BUSINESS
Sep 15, 2011

Nippon Steel said trying to stave off Brazil threat

Nippon Steel Corp. and Brazil's Gerdau SA are in talks to stave off a rival $2.9 billion bid for a stake in Usinas Siderurgicas de Minas Gerais SA, or Usiminas, said two sources familiar with the negotiations.
Japan Times
BUSINESS
Sep 8, 2011

Toshiba to purchase Shaw's stake in Westinghouse for $1.6 billion

Toshiba Corp. will buy Shaw Group Inc.'s 20 percent stake in nuclear-plant designer Westinghouse Electric for about $1.6 billion, increasing its share to 87 percent.
Japan Times
BUSINESS
Sep 7, 2011

Refusal to talk threatens Suzuki-VW tieup

A tiff that started over Volkswagen AG's description of Suzuki Motor Corp. in its annual report has escalated into a spat threatening to unravel the two automakers' planned alliance before the partnership ever gets going.
BUSINESS
Sep 1, 2011

Toshiba, Hitachi, Sony to create top global LCD firm

Sony Corp., Toshiba Corp., Hitachi Ltd. and Innovation Network Corporation of Japan announced Wednesday a plan to merge their operations and create the biggest company in the global market for small and medium-size liquid crystal displays, which are used in products such as smartphones and tablet computers....
BUSINESS
Aug 18, 2011

Mitsubishi starts data center fund

Mitsubishi Corp. started Japan's first real estate fund that invests in data centers, seeking to benefit from a ¥1.36 trillion market amid rising demand after the March earthquake.
Japan Times
BUSINESS
Aug 18, 2011

Nissan bets on Infiniti in China

Nissan Motor Co. plans to quadruple Infiniti's share of the Chinese luxury-auto market within five years as it rushes to make up a "ridiculous" amount of time lost to Volkswagen AG's Audi and Toyota Motor Corp.'s Lexus.
COMMENTARY
Aug 10, 2011

Welfare state wins this budget war

With so much financial turmoil, it's important to grasp what last week's budget deal does and doesn't do. Note, for starters, that it won't create much "fiscal drag" on the economy. The spending cuts are simply too small in a $15 trillion annual economy. The deal might shave one-tenth of 1 percent off...
BUSINESS
Aug 5, 2011

Mitsubishi Electric has high hopes for China, India

Mitsubishi Electric Corp. expects rising wages in China and India to fuel demand for its products, President Kenichiro Yamanishi said.
BUSINESS
Jul 22, 2011

ANA, AirAsia tie up for budget carrier

All Nippon Airways Co. and AirAsia Bhd., Southeast Asia's biggest budget carrier, announced Thursday they together will launch a new low-cost carrier in Japan, aiming to cultivate new demand and survive intensifying competition.
Japan Times
OLYMPICS
Jul 15, 2011

Rogge says Pyeongchang win will not affect Tokyo's bid for 2020 Summer Games

International Olympic Committee president Jacques Rogge lauded Pyeongchang, South Korea's victory in the race for the 2018 Winter Olympics as a win for Asian sport.
JAPAN
Jul 14, 2011

Panel targets English proficiency

An education ministry panel proposed Wednesday that local governments hire 600 foreigners and Japanese with excellent English-language skills nationwide as regular schoolteachers by the end of fiscal 2016 to enhance students' English-language proficiency.
JAPAN
Jul 13, 2011

Brazil's new ambassador plugs business

Marcos Bezerra Abbott Galvao, who was appointed Brazil's ambassador to Japan in March, said his mission is to promote business opportunities in his country for Japanese companies, especially small and medium-size firms, by offering more information.
Japan Times
SPORTS / SPORTS SCOPE
Jul 10, 2011

Kim's contribution crucial to Pyeongchang's victory

In a performance almost as dominating as the one that earned her the Olympic gold medal 16 months ago, South Korea's Kim Yu Na put on a show for the ages this week at the International Olympic Committee's meeting in South Africa.
BUSINESS
Jul 6, 2011

NEC looking to boost sales in Brazil by 30%

NEC Corp. plans to increase sales in Brazil by 30 percent this year, boosted by rising demand as the country prepares to host the World Cup and the Olympics, according to the company's top executives in Latin America.
JAPAN
Jul 1, 2011

Doubled sales tax by '16 gets nod

Yielding to strong opposition from the ruling Democratic Party of Japan, the government of Prime Minister Naoto Kan, the DPJ president, approved a social security and tax reform plan Thursday that will enforce a 10 percent consumption tax "by the mid-2010s," instead of its initial target of fiscal 2015....
BUSINESS
Jun 18, 2011

Tsunami repair work may surpass Kobe quake's: Toyo Construction

Toyo Construction Co., the Tokyo-based port builder, said that work following the March 11 tsunami may surpass the ¥60 billion it earned after the 1995 Kobe quake as local governments bolster sea defenses.
BUSINESS
Jun 2, 2011

Tepco debt swaps facing 53% chance of defaulting

The cost of protecting Tokyo Electric Power Co.'s debt shows the likelihood of a default increased to 53 percent after the utility's credit rating was cut to junk status by Standard & Poor's.
BUSINESS
May 25, 2011

Toshiba expects slower reactor sales

Toshiba Corp. said Tuesday its current business plan for nuclear power plant construction is likely to be delayed by a few years due to growing global caution against nuclear power plants.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami