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July 27, 2024
 

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MITSUBISHI

A computer-generated image shows the new refined design of a next-generation fighter aircraft being co-developed by Japan, Britain and Italy.
JAPAN / Politics / ANALYSIS
Jul 24, 2024
Japan has ‘no concerns’ over rumored hitch in joint fighter jet plans
While experts agree there are currently no indications that the U.K. might drop out of the program, the multilateral project still faces a number of challenges.
A full-scale model of the new design of a next-generation fighter that Japan, Italy and Britain plan to develop together is showcased Monday by Mitsubishi Heavy Industries, Leonardo and BAE Systems — the projects’ lead system integrators — at the Farnborough International Airshow near London on Monday.
JAPAN
Jul 23, 2024
Japan and partners unveil design for cutting-edge new joint fighter
While unlikely to be the final design, the refined concept features major changes in the wing and aft fuselage areas ostensibly meant to improve its aerodynamics.
Europe's Ariane 6 rocket takes off in Kourou, French Guiana, on Tuesday.
BUSINESS / Tech
Jul 10, 2024
Europe’s Ariane 6 rocket goes retro in challenge to SpaceX
Reusable rockets and frequent launches "were once aspirational but are now minimal requirements" to compete commercially, said the Rocket Lab CEO and founder.
Seiji Izumisawa, president of Mitsubishi Heavy Industries, says the firm is almost finished designing its next-generation nuclear reactor.
BUSINESS / Companies
Jun 24, 2024
Mitsubishi Heavy moving closer to building new reactor in Japan
The firm can start building the facility once a site for it is established and some late-stage tests are completed.
A hydrogen storage tank with an under-construction green hydrogen compressor at a liquid fuels facility in Sasolburg, South Africa.
BUSINESS / Companies
Jun 13, 2024
South Africa’s biggest green-hydrogen project woos Japanese investors
If approved, the plant will use 3,700 megawatts of renewable power generation capacity to split water to produce 1 million tons of hydrogen a year.
Ashwani Gupta, then-chief operating officer of Nissan, in April 2023
BUSINESS / Companies
May 31, 2024
Nissan paid ex-COO $3.7 million to quit after sexual harassment claims
Ashwani Gupta's compensation figure for leaving the company is now public in a notice of the annual shareholders’ meeting, which showed he will also receive allowances.
Toyota, Idemitsu Kosan, Eneos and Mitsubishi Heavy Industries said they have teamed up to research carbon-neutral fuels for automobiles.
BUSINESS
May 28, 2024
Toyota and partners launch joint study on carbon-neutral fuels
Toyota will also independently develop engines that can use e-fuels efficiently
Mitsubishi Electric's TOKUI Fast Accurate Synchronized Motion Testing Robot solves a Rubik's Cube
JAPAN
May 27, 2024
Japanese robot solves Rubik's Cube in record time
Guinness World Records recognized the 0.305-second time achieved by Mitsubishi Electric's machine as a new world best, beating the previous record of 0.38 seconds.
Lithium powder from recycled batteries in Nevada in March
BUSINESS / Companies
Apr 21, 2024
Japanese trading firms look abroad to diversify lithium supply
The resource-limited country is aiming to create a stable supply of the mineral, which is critical for producing batteries for electric vehicles.
Mitsubishi Heavy Industries scrapped the development of its regional jet last year, after 15 years of effort.
BUSINESS / Economy
Mar 28, 2024
Japan really wants to build airplanes, $33 billion project shows
The Ministry of Economy, Trade and Industry is aiming to introduce a new aircraft by 2035.
Warren Buffett
BUSINESS
Feb 25, 2024
Buffett ups his holdings of Japanese trading houses to about 9%
Berkshire first announced its stakes in the trading houses in 2020 with the intention of holding them long-term and increasing them to as much as 9.9%.
Telecoms giant KDDI plans with Mitsubishi to take convenience store operator Lawson private could help it as it currently stands behind FamilyMart and Seven & I Holdings in a three-horse race.
COMMENTARY / Japan
Feb 14, 2024
There are clouds on the horizon in Japan’s 'conbini-land'
Industry consolidation has pushed minor players out of the conbini game.
The first unit of H3 rocket carrying the Earth observation satellite Daichi-3 is launched from the Tanegashima Space Center in Kagoshima Prefecture in March last year.
JAPAN / Science & Health
Feb 12, 2024
JAXA to give second shot at H3 rocket launch Thursday
During last year's launch, the second-stage engine of the first unit failed to ignite due to an electrical problem.
Mitsubishi President Katsuya Nakanishi (left), Lawson President Sadanobu Takemasu (center) and KDDI President Makoto Takahashi wear Lawson uniforms during a news conference in Tokyo on Tuesday to announce the carrier's plan to raise its stake in the convenience chain.
BUSINESS / Companies
Feb 7, 2024
KDDI to raise stake in Lawson to jointly run convenience chain
Japan's second-largest mobile carrier currently holds 2.1% of shares but will invest about ¥500 billion to increase its stake through a tender offer.
Warren Buffett's Berkshire Hathaway is one of the largest shareholders in all five of Japan's biggest trading companies.
BUSINESS / Companies
Jan 30, 2024
Buffett reversal risk pushes Japan firms to diversify investors
Berkshire is one of the largest shareholders in all five of Japan’s biggest trading companies.
Mitsubishi Motors will sell the newest iteration of the Triton pickup truck in Japan starting Feb. 15.
BUSINESS / Companies
Jan 21, 2024
Japan automakers tap foreign models to drive sales of outdoorsy cars
The popularity of SUVs and pickup trucks has been on the rise in Japan since even before the pandemic on the back of the increasing popularity of outdoor activities.
Plaintiffs and lawyers in wartime labor lawsuits attend a news conference in Seoul last week.
JAPAN / Crime & Legal
Dec 28, 2023
Top South Korea court upholds wartime labor rulings against Japan firms
The Supreme Court in Seoul upheld decisions by lower courts ordering Hitachi Zosen and Mitsubishi Heavy Industries to pay damages.
Mitsubishi UFJ Morgan Stanley Securities sold Additional Tier 1 notes from Credit Suisse more aggressively than any other firm in Japan, with its sales making up about two-thirds of the notes taken up, which totaled ¥140 billion in value.
BUSINESS / Companies
Dec 26, 2023
MUFJ securities unit sued again over Credit Suisse AT1 bond losses
Mitsubishi UFJ Morgan Stanley Securities sold more than two-thirds of the Additional Tier 1 notes taken up in Japan.
Toyota dealer Hiroshima Toyopet has installed air conditioners at all 30 of its maintenance facilities in Hiroshima Prefecture to ensure mechanics can work comfortably during the summer.
BUSINESS / Companies / Regional Voices: Hiroshima
Dec 25, 2023
Hiroshima car dealers seek ways to attract mechanics
Since many people use their cars as a daily means of transportation, it is essential to secure a stable pool of mechanics.
Families of deceased plaintiffs in lawsuits over wartime labor during Japan's colonial rule outside South Korea's Supreme Court in Seoul on Thursday
JAPAN / Crime & Legal
Dec 21, 2023
South Korean court upholds wartime labor damages order for Japan firms
The rulings came as South Korea-Japan relations have been improving since Seoul announced in March its plan for solving the wartime labor issue.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
One dead, three missing as heavy rain batters Tohoku
Camera footage shows the Mogami River bursting its banks in Tozawa, Yamagata Prefecture, on Friday morning.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
Yen rally could help end crushing wage decay in Japan
Some economists say a sticky weak yen trend would have a negative impact on Japan's real wage growth.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Terunofuji, as he tends to do, returns to stamp his authority on sumo pretenders
Terunofuji (left) throws down Kirishima on Tuesday to build on his perfect record at the Nagoya Grand Sumo Tournament.
Japanese startups advised to internationalize to get some global mojo
Entrepreneurs who participated in the Beyond Japan Zero to X program last year share their experiences in the United States during a meeting in May in Tokyo.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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mission sustainability vol.11 : Sekisui House Ltd.World’s top homebuilder acts on its responsibility

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