Tag - mitsubishi



BUSINESS / Companies
Jun 25, 2014
Mitsubishi Motors to resume dividend payments for first time in 16 years
Mitsubishi Motors Corp. has announced it will resume dividend payments after a hiatus of more than 16 years. The move came as the automaker logged a record group net profit for fiscal 2013, signifying a recovery from a sales slump caused by the revelation of a coverup of vehicle defects in 2000.
Japan Times
BUSINESS / Companies
Jun 23, 2014
Failed Alstom bid rocks MHI's global strategy
The failure of Mitsubishi Heavy Industries Ltd. to acquire the energy-system assets of France's Alstom SA has put the Japanese engineering group at the risk of falling far behind U.S. rival General Electric Co.
Japan Times
BUSINESS / Companies
Jun 21, 2014
Paris picks GE for Alstom
France chose General Electric to form an alliance with the power and rail company Alstom on Friday, rejecting an offer from Siemens and Mitsubishi Heavy Industries (MHI), but said the deal still needs some work and the government will buy a 20 percent stake in the hotly contested company.
BUSINESS / Companies
Jun 20, 2014
MHI-Siemens' offer for Alstrom improved
Mitsubishi Heavy Industries Ltd. and Siemens AG have improved their offer for Alstom SA on Friday, raising the stakes in the takeover battle with General Electric Co. for the French maker of high-speed trains and power equipment.
Japan Times
BUSINESS / Companies
Jun 19, 2014
JBIC ready to fund MHI-Siemens bid for Alstom
The Japan Bank for International Cooperation is ready to support Mitsubishi Heavy Industries Ltd.'s joint bid with Siemens for France's Alstom SA.
BUSINESS / Companies
Jun 19, 2014
Mitsubishi Materials bets on U.S. to up cement profit
Mitsubishi Materials Corp., the nation's second-biggest cement maker, plans to reopen its U.S. import terminal for the first time in seven years and seek acquisitions to expand in the world's biggest economy.
Japan Times
BUSINESS / Companies
Jun 18, 2014
France spurns bids for Alstom, seeks sweeteners
The French government has raised the stakes in the battle for engineering group Alstom, telling rival suitors General Electric and Siemens to come up with better offers.
BUSINESS / Companies
Jun 12, 2014
Rival GE plans more lobbying
General Electric Co. plans another round of lobbying meetings with French officials on its $17 billion offer for Alstom SA's energy assets as Siemens AG weighs a bid with Mitsubishi Heavy Industries Ltd., a source familiar with the matter said.
Japan Times
Jun 11, 2014
'Vallotton: Fire Beneath the Ice'
In 1914, Swiss artist Felix Vallotton (1865-1925) was rejected by the French army because of his age. Unable to fight, he chose to express his feelings about World War I in what became one of his most-famous works, the wood-print series "This is War." Vallotton's paintings often had similar dark and...
Japan Times
BUSINESS / Companies / FOCUS
Jun 10, 2014
Mitsubishi Aircraft yet to sell JAL on regional jet
While Mitsubishi Aircraft Corp. has clinched a deal to deliver its new small passenger jet to All Nippon Airways Co. in 2017, Japan Airlines Co., the country's other major carrier, has yet to sign up for the plane.
Japan Times
May 27, 2014
Source says Lang out as coach of Mitsubishi
Antonio Lang has been dismissed as head coach of the the NBL's Mitsubishi Diamond Dolphins, The Japan Times has learned.
Japan Times
May 18, 2014
Dominant Miyako leads Rise past Lions
Nojima and Japan running back Takashi Miyako rushed for 166 yards and five touchdowns to lead the Nojima Sagamihara Rise to a 62-21 victory over the All Mitsubishi Lions in the Pearl Bowl Tournament at Kawasaki Stadium on Sunday.
Japan Times
BUSINESS / Companies
May 14, 2014
Japan-built jet touted at U.S. show
Mitsubishi Aircraft Corp. is touting its still-in-development Mitsubishi Regional Jet, set to be the first Japanese-built small passenger jet, at a U.S. trade show that opened Tuesday in St. Louis.
BUSINESS / Companies
May 13, 2014
Mitsubishi unit in deal to beef up shale gas biz
Mitsubishi Chemical Holdings Corp. will purchase a majority stake in Taiyo Nippon Sanso Corp. to provide nitrogen needed by the expanding shale gas business in the United States, Mitsubishi Chemical officials said Tuesday.
BUSINESS / Companies
May 9, 2014
Mitsubishi UFJ eyeing BNY Mellon trust arm
Mitsubishi UFJ Financial Group Inc. is considering a bid for Bank of New York Mellon Corp.'s corporate trust arm, sources with knowledge of the matter said.
BUSINESS / Companies
May 8, 2014
Mitsubishi Estate turns first profit in three years
Mitsubishi Estate Co. said Thursday that full-year earnings rose for the first time in three years as profit margins at its residential business improved and office rents recovered.
Apr 12, 2014
Auto behemoths in EV network splurge
Toyota and three rival automakers plan to jointly set up a company to build infrastructure in Japan for recharging electric vehicles and plug-in hybrids.
Apr 1, 2014
Banks see economy withstanding sales tax increase
The economy will probably withstand the consumption tax increase that took effect Tuesday as Prime Minister Shinzo Abe prepares stimulus measures and companies raise wages, the new head of the bank lobby said.
Japan Times
Feb 27, 2014
Exhausting the sense of the beautiful
The Aesthetic Movement, a loosely defined tendency in 19th-century European art, operated under the slogan of 'art of art's sake' and believed beauty was the end, not the means.
BUSINESS / Economy
Feb 18, 2014
Mitsubishi Motors workers in line for raise
Mitsubishi Motors Corp. President Osamu Masuko says the automaker is considering raising employees' pay and also resuming dividend payments for the first time in over 16 years in fiscal 2013, reflecting its recovery from a decade of slumping sales.


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