Tag - mitsubishi

 
 

MITSUBISHI

JAPAN
Jul 7, 2020
Japan to build prototype of F-2 successor fighter from fiscal 2024
A company to undertake the manufacturing of the fighter body will be selected as early as in October, the Defense Ministry said.
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
Jun 15, 2020
Mitsubishi Aircraft to scale down passenger jet development operation and cut half of workforce
The company will close all of its overseas bases except for a flight test site in the U.S., a source said.
Japan Times
BUSINESS / Companies
Jun 13, 2020
Mitsubishi Aircraft to slash over half its workforce in restructuring move
Mitsubishi Heavy Industries' struggling aircraft unit will also close its U.S. headquarters, a development center in Canada and offices in the U.S. and Europe.
Japan Times
BUSINESS / Companies / FOCUS
May 29, 2020
Nissan falls behind rivals in industry's critical transitional period
Nissan Motor Co.'s business downturn may be causing a costly delay in the global race toward new mobility technologies, analysts say.
Japan Times
BUSINESS / Companies
May 27, 2020
Nissan and Renault unveil steps to cut costs and revamp alliance
Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. on Wednesday unveiled steps to standardize platforms further and push for more joint purchasing to reduce costs, with each company focusing on its strengths.
Japan Times
BUSINESS / Companies / FOCUS
May 25, 2020
Nissan-Renault-Mitsubishi ties more crucial than ever as pandemic rocks carmakers
Revising their strategies this week, the firms will at least have the opportunity to show progress in moving beyond last year's management paralysis.
Japan Times
BUSINESS / Companies
May 23, 2020
Mitsubishi Heavy to slash regional jet business workforce
Mitsubishi Heavy Industries Ltd. is planning to slash the number of employees working on its struggling regional jet business amid bleak demand for aircraft due to the coronavirus pandemic, sources close to the matter have said.
Japan Times
JAPAN
May 20, 2020
Japan Defense Ministry probing hack of next-gen missile data, report says
Among the leaked details may have been range, propulsion and heat resistance, the report said.
Japan Times
BUSINESS / Companies
May 11, 2020
Mitsubishi Heavy to halve budget for delay-prone passenger jet project
Mitsubishi Heavy Industries Ltd. said on Monday it will halve the budget for its problematic passenger jet project to ¥60 billion for the year ending next March.
Japan Times
BUSINESS / Companies
May 7, 2020
Mitsubishi Heavy sees up to ¥70 billion impairment loss on jet business
The company expects a group net profit of u00a5100 billion and sales of u00a54.15 trillion on a consolidated basis for the just-ended business year.
Japan Times
BUSINESS
May 5, 2020
Nissan to retrench further in new plan to focus on U.S., Japan and China
The carmaker will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction.
Japan Times
BUSINESS / Companies
Apr 28, 2020
Nissan to slash May car production by 78% vs. last year
The automaker forecasts a dramatic drop in sales as the coronavirus pandemic adds to existing issues of declining sales and weak margins.
Japan Times
BUSINESS / Companies
Apr 9, 2020
Japanese carmakers plan to put 20,000 on temporary leave with partial pay to deal with virus
Around 20,000 domestic workers at three of the nation's biggest carmakers will be put on temporary leave because of the output suspensions caused by the coronavirus pandemic, company sources say.
Japan Times
BUSINESS / Companies
Apr 8, 2020
Mitsubishi Motors to temporarily shut Japan plant operations amid virus outbreak
Mitsubishi Motors Corp. said Wednesday it will lay off around 6,500 workers at three domestic factories that have been or will be temporarily suspended due to the coronavirus outbreak.
Japan Times
Rugby
Feb 16, 2020
Dynaboars hang on to make history with first Top League victory
Heiden Bedwell-Curtis' second-half try lifted Mitsubishi Sagamihara Dynaboars to the franchise's first Japan Top League victory, a 21-14 win over the NEC Green Rockets on Sunday.
Japan Times
BUSINESS / Companies
Feb 13, 2020
Mitsubishi Electric hack began in China in March 2019, defense contractor says
The cyberattack against Mitsubishi Electric Corp. began in March last year and originally targeted a server in China, a report by the machinery-maker and major defense contractor says.
Japan Times
BUSINESS
Feb 12, 2020
Mitsubishi Aircraft has 'hundreds' of airline commitments for SpaceJet M100, exec says
Japan's Mitsubishi Aircraft Corp. has unannounced commitments from customers to buy hundreds of its SpaceJet M100 regional jets, but its first focus is on certifying its larger introductory model, the M90, a senior executive said on Tuesday.
Japan Times
JAPAN
Feb 11, 2020
Defense info may have leaked from cyberattacks on Mitsubishi Electric
The Defense Ministry has said that defense-related information may have leaked following cyberattacks on Mitsubishi Electric Corp. last year.
Japan Times
BUSINESS
Feb 11, 2020
Carlos Ghosn used Nissan-Mitsubishi venture to inflate pay, companies' lawyers allege
Carlos Ghosn, the fugitive former auto executive, used a joint venture between Nissan and Mitsubishi to inflate his pay, effectively clawing back a cut to his declared wages, and to cover a personal tax debt, lawyers for the companies said on Monday.

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