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April 30, 2024
 

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MAKOTO UCHIDA

Nissan Motor is planning to produce only electric vehicles in Europe by 2030.
BUSINESS / Companies
Sep 26, 2023
Nissan to go all-electric in Europe by 2030 despite U.K. delay
Nissan plans to launch 27 electrified vehicles, including 19 fully electric cars, by 2030.
Japan Times
BUSINESS / Companies
Feb 9, 2023
Nissan keeps annual profit forecasts and cuts unit sales target
The Japanese auto giant said it still expects a net profit of ¥155 billion ($1.2 billion) in the 2022-23 financial year, and also left its operating income outlook unchanged.
Japan Times
BUSINESS / Companies / FOCUS
Feb 7, 2023
Carlos Ghosn’s carmaking dreams disappear with Renault-Nissan revamp
The workaholic Brazilian-Lebanese executive, who spent much of his time jetting between the carmakers’ headquarters and factories, was the glue holding together the firms' alliance.
Japan Times
BUSINESS / Companies
Sep 29, 2021
Nissan will reach 2% profit margin goal despite COVID-19 parts pain, CEO says
Achieving the target set out last year in Nissan's turnaround plan would be a positive sign the carmaker is holding up despite the shortages plaguing the industry.
Japan Times
BUSINESS / Companies
Jul 14, 2021
Nissan CEO says $1.4 billion U.K. electric vehicle hub ‘just a start’
The automaker is betting that roughly a decade of experience making EVs will give it a leg-up over rivals in the increasingly crowded segment.
Japan Times
BUSINESS / Companies
Jun 22, 2021
Carlos Ghosn looms over Nissan annual meeting years after arrest
Shareholders at the automaker's annual meeting Tuesday repeatedly questioned executives about the events surrounding Ghosn's 2018 arrest.
Japan Times
BUSINESS / Companies
Sep 27, 2020
Nissan eyes return to profit in 2021 on back of resurgence in China
The company, which in May reported its first fiscal year loss in a decade, is forecasting a strong recovery in the Chinese market by year-end.
Japan Times
BUSINESS / Companies
Jul 28, 2020
Nissan sees sharp sales and profit drop as business struggles
Nissan will shut three production lines and cut about 14,000 jobs globally, up from 12,500 announced a year ago.
Japan Times
BUSINESS / Companies
Jun 18, 2020
More trouble at the top for Nissan, as COO Ashwani Gupta captures attention
Allies of the chief operating officer are pressing the board to promote him to co-CEO, so he can drive the turnaround plan he is said to have engineered.
Japan Times
BUSINESS / Companies
Mar 4, 2020
Nissan faces more pain before gain as business hit further by coronavirus, new CEO says
CEO Makoto Uchida promised to unveil a turnaround plan in May, on top of cutting more than 12,500 jobs amid decade-low profits and management turmoil caused by Carlos Ghosn's 2018 arrest.
Japan Times
BUSINESS / Companies
Feb 18, 2020
Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround
Nissan Motor Co.'s new chief executive said Tuesday he will accept being fired if he fails to turn around Japan's second-biggest automaker, which is grappling with plunging sales in the aftermath of the scandal surrounding former Chairman Carlos Ghosn.
Japan Times
BUSINESS / Companies
Feb 3, 2020
Nissan's Brexit scenarios include closing European plants, report says
Japanese automaker Nissan Motor Co. has drafted a contingency plan to focus on its Sunderland plant in the U.K. and cut European production if a hard Brexit leads to tariffs on car imports from the continent, the Financial Times reported, citing two people involved in the discussions.
Japan Times
BUSINESS / Companies
Jan 28, 2020
Inside Nissan, a renewed push to get Renault to cut its stake
A proposal is being floated atop Nissan Motor Co. for the company to revive efforts to push Renault SA to reduce its stake in the Japanese carmaker and help balance the partnership, a person familiar with the matter said.
Japan Times
BUSINESS / Companies
Jan 7, 2020
Nissan bolsters task force to prepare for onslaught of criticism from Carlos Ghosn: sources
Nissan Motor Co. has strengthened a task force of senior officials ahead of an expected onslaught of criticism from former Chairman Carlos Ghosn following his dramatic escape from house arrest in Japan, three sources familiar with the matter said.
Japan Times
BUSINESS / Companies
Dec 13, 2019
New Nissan CEO vows to improve corporate culture after Ghosn's rule
New Nissan Motor Co. CEO Makoto Uchida vowed Friday to improve the automaker's corporate culture following the two-decade rule of former chairman Carlos Ghosn, who was arrested and ousted over financial misconduct allegations last year.
Japan Times
BUSINESS / Companies
Dec 2, 2019
New Nissan chief Makoto Uchida vows to turn around the embattled automaker
A new three-way leadership structure is designed to avoid the mistakes made during the Carlos Ghosn era.
Japan Times
BUSINESS / Companies
Dec 2, 2019
Nissan, Renault and Mitsubishi to set up new company to develop advanced tech for next-generation vehicles
Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. have agreed to set up a new company to jointly develop advanced technologies for next-generation vehicles, according to sources familiar with the matter.
Japan Times
BUSINESS
Nov 1, 2019
Nissan names new CFO, shuffles execs ahead of CEO Makoto Uchida's arrival
Nissan Motor Co. unveiled the responsibilities of its new top managers, appointing a new chief financial officer and making other executive moves as the automaker seeks to turn a new page almost a year since the arrest of former Chairman Carlos Ghosn.
Japan Times
BUSINESS / Companies
Oct 9, 2019
Nissan power struggle ends in uneasy compromise with three contenders taking top roles
The carmaker's directors tapped Makoto Uchida, head of its China joint venture, as CEO, to work alongside new COO Ashwani Gupta and Jun Seki, the new deputy COO.
Japan Times
BUSINESS / Companies
Oct 8, 2019
Nissan picks new CEO to lead recovery from Carlos Ghosn scandal
Nissan Motor Co. named the head of its China joint venture as chief executive officer, as the carmaker looks to heal divisions caused by its former chairman's arrest and repair fraught relations with partner Renault SA.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
Yen rebounds strongly after first slide past ¥160 since 1990
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.

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