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July 27, 2024
 

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MITSUBISHI

Japan Times
BUSINESS / Companies
Feb 24, 2021
Mitsubishi weighing making cars at Renault plant in France
The move would be a reversal of last year's decision to pull back from Europe.
Japan Times
BUSINESS / Companies
Feb 16, 2021
Bangladesh to see investment boost as Japanese firms leave China
The South Asian economy, which grew an estimated 5.2% in the year ended June, sees 7.4% expansion in the current financial year.
Japan Times
BUSINESS / Companies
Jan 23, 2021
As climate change push grows, Japanese firms accelerate shift to renewable energy
Major companies are moving up their timelines to shift to renewables, as the need to be environmentally friendly is becoming a key factor in expanding their businesses.
Japan Times
BUSINESS
Jan 6, 2021
Japan auto sales plunged 11.5% last year in biggest drop since 2011
Sales saw the most extreme fall in nine years, according to data from industry bodies. Car demand usually grows toward April but uncertainty remains as COVID-19 cases surge.
Japan Times
BUSINESS / Companies
Dec 21, 2020
Minoru Makihara, former Mitsubishi Corp. president, dies at 90
The Harvard graduate played an active role in Japanese and American business circles.
Japan Times
JAPAN
Dec 18, 2020
Japan will work with Lockheed Martin on new fighter jet, Defense Ministry says
The Defense Ministry weighed the American aerospace giant's experience in delivering the U.S. military's mainstay F-22 and F-35 stealth fighters when narrowing down potential partners.
Japan Times
BUSINESS / Companies / Regional voices: Chubu
Nov 13, 2020
Pride before a fall: Why Mitsubishi Aircraft's SpaceJet project is grounded
The SpaceJet was launched in 2008 as the Mitsubishi Regional Jet (MRJ). Its first delivery, initially planned for 2013, has been delayed six times and cost u00a51 trillion so far.
Japan Times
JAPAN
Nov 7, 2020
Japanese unit of IBM among group to test AI suitcase for guiding blind
A group of five companies including the Japanese unit of IBM Corp. are currently developing an artificial intelligence suitcase to help visually impaired people travel independently. A pilot test of a prototype was conducted at an airport in Japan on Monday.
Japan Times
BUSINESS
Nov 5, 2020
Fugitive auto executive Carlos Ghosn settles scores in new French book
The former chairman of Nissan and Renault, who has denied financial misconduct charges, has long said he was set up to prevent deeper integration between the automakers.
Japan Times
BUSINESS / Companies
Oct 23, 2020
Mitsubishi Heavy mulls near-freeze of regional jet development
Delivery of the Mitsubishi SpaceJet, previously called the Mitsubishi Regional Jet, has already been put back from 2013 to 2021.
Japan Times
BUSINESS / Companies
Oct 23, 2020
MUFG rules out more job cuts at Asia brokerage after restructuring
The move contrasts with those of other major banks such as Goldman Sachs Group Inc., which are resuming job cuts.
BUSINESS
Oct 16, 2020
Mitsubishi Motors and Thai government firm to develop EV-to-home power supply
Mitsubishi Motors Corp. has agreed with Thailand's national power generator to cooperate in developing a system that would enable electric vehicles to power homes in case of blackouts and for other purposes.
Japan Times
JAPAN
Oct 14, 2020
Japan unveils new submarine in face of China's growing assertiveness
The 3,000-ton warship, named the Taigei, was built by Mitsubishi Heavy Industries Ltd. and is scheduled to go into service in March 2022.
Japan Times
BUSINESS / Markets
Oct 13, 2020
Buffett-led share price boom short-lived for most Japan trading firms
The August announcement, among the largest investments ever made by Buffett in Japan, boosted investor interest in the trading companies.
Japan Times
BUSINESS / Companies
Sep 26, 2020
Mitsubishi Motors eyes early retirement for up to 600 amid slump
Mitsubishi Motors Corp. is considering seeking the early retirement of 500 to 600 workers starting in mid-November as part of the automaker's restructuring plan due to a sales slump amid the coronavirus pandemic, sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Aug 31, 2020
Berkshire Hathaway takes stakes topping $6 billion in Japan's top five trading companies
Shares in the trading houses leaped on news of the foray, one of billionaire Warren Buffett's biggest in Asia's second-largest economy.
Japan Times
JAPAN
Aug 28, 2020
Japan to export first new defense radar system to Philippines
Mitsubishi Electric Corp. has signed a contract with the Philippines to deliver an air radar system, marking the first export of a new, complete defense product since Japan's long-held arms trade ban was eased in 2014, the government said Friday.
Japan Times
BUSINESS
Aug 20, 2020
Japanese trading giant Itochu edges traditional rivals by shunning energy and metals
Itochu is shattering the old pecking order led by Mitsubishi, Mitsui and Sumitomo by extending its lead as the nation's most valuable trader.
Japan Times
BUSINESS / Companies
Aug 17, 2020
Japanese officials tried to push Nissan-Honda merger talks, report says
The idea disappeared before it reached the boards of the two companies, the Financial Times said.
Japan Times
BUSINESS / Companies
Aug 7, 2020
Mitsubishi Motors Chairman Osamu Masuko quits, citing health
Masuko was the last top-level leader remaining from the Carlos Ghosn era in the three-way alliance with Nissan and Renault.
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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