Tepco, Chubu Electric, Toshiba, and Hitachi to discuss four-way nuclear business alliance
Tepco, Chubu Electric Power, Toshiba Corp. and Hitachi Ltd. said Wednesday they have agreed to discuss potential collaboration on nuclear power, as the industry faces a challenging business environment following the 2011 Fukushima crisis. Amid lingering safety fears over nuclear plants, Tokyo Electric Power Company ...
Tepco and three other companies considering joint firm to build nuclear power plant in Aomori
Tokyo Electric Power Company Holdings Inc. and three other companies are considering jointly setting up a new firm to construct and manage a planned nuclear power plant in Aomori Prefecture, informed sources said Thursday. The three partners are Chubu Electric Power Co., Hitachi Ltd. and ...
Four Japan firms fined in South Korea for auto parts bid-rigging
South Korea's fair trade commission has ordered four Japanese companies to pay fines totaling 9.2 billion won (¥803 million) for rigging bids on auto parts supplied to South Korean automakers. According to media reports Sunday, the four are Mitsubishi Electric Corp., Hitachi Automotive Systems Ltd., ...
Hitachi to build 165 train cars for British railway operator Abellio U.K.
Hitachi Ltd. said Wednesday it has reached a deal with British railway operator Abellio U.K. to build 165 train cars for £400 million (¥52.8 billion). Abellio U.K. plans to introduce a new fleet of trains made by Hitachi on the Midland Main Line in England, ...
In pursuit of a sustainable society, Nagano turns to AI to help craft policy
When times are good, there is less political pressure at the local level anywhere to be economically efficient or carefully scrutinize predictions that a new public works project or expensive industrial or tourism promotion scheme will lead to prosperity in 20 or 30 years. But ...
Japan Business Federation chief Nakanishi to return to his post in September after illness
The Japan Business Federation said Friday that Hiroaki Nakanishi will return to his post as chief of the country's biggest business lobby in September after he was hospitalized in late May. Nakanishi is expected to be back at work Sept. 9, when a management meeting ...
Hitachi said Wednesday that it has signed a contract with Bombardier Transportation to jointly manufacture 14 high-speed trains for an Italian railway operator. Under the €575 million (¥69.9 billion) deal concluded with operator Trenitalia SpA, the major Japanese machinery-maker and Bombardier Transportation, an affiliate of ...
Hitachi to spend ¥1.2 trillion on research and development over three years
Major electronics and machinery-maker Hitachi Ltd. said Tuesday it will spend ¥1.2 trillion on research and development activities over the three years to fiscal 2021, up about 20 percent from the level in fiscal 2016-2018. The company plans to use up to ¥2.5 trillion for ...
Hitachi high-speed train unveiled in Britain before launch of London to Leeds service
Hitachi Ltd.'s new high-speed train called Azuma was unveiled in London on Tuesday, a day prior to beginning intercity passenger services. London North Eastern Railway was set to launch the diesel-electric hybrid train service on Wednesday on an electrified section of track covering about 300 ...
Hitachi Ltd. is considering selling core subsidiary Hitachi Chemical Co., it was learned Thursday. According to sources with knowledge of the matter, Hitachi is in contact with several businesses and investment funds to select a buyer of the unit. The company is set to accelerate the ...
In aftermath of Fukushima triple meltdown, Japan's nuclear industry faces fierce headwind
This is the last in a five-part series examining how the northeast and the nation are progressing with efforts to deal with the March 2011 earthquake, tsunami and nuclear crisis. Even after the Fukushima No. 1 crisis in March 2011 forced Japan to rethink its ...
During inspections last year, the Organization for Technical Intern Training found technical interns engaged in work outside the remit of their training programs, sources said.
