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July 04, 2025
 

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MITSUBISHI

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.
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
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
BUSINESS
Feb 6, 2020
SpaceJet, the first Japan-built airliner in 50 years, delayed for sixth time
Mitsubishi Heavy Industries Ltd. has delayed the debut of its regional jet for the sixth time, raising questions about whether years of investment in the SpaceJet were worth the effort.
Japan Times
BUSINESS / Companies
Dec 24, 2019
WeWork bailout stalls as Japan banks balk at lending Softbank $3 billion
SoftBank Group Corp.'s talks to secure $3 billion (about ¥328 billion) from the nation's three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a $9.5 billion rescue package for WeWork.
Japan Times
BUSINESS
Dec 16, 2019
Masayoshi Son's bankers worried about their favorite client
Masayoshi Son's bankers are taking a hard look at their most important client.
Japan Times
BUSINESS / Companies
Dec 10, 2019
Japan's banks charging more fees to cover slumping revenue
Some banks are levying more fees as a way to cover plunges in revenue, with industry leader MUFG Bank considering a maintenance charge for inactive accounts.
Japan Times
BUSINESS / Markets
Dec 4, 2019
MUFG Bank to launch smartphone payment service
MUFG Bank will set up a joint company with human resources services provider Recruit Holdings Co. to launch a smartphone-based cashless payment service, it was learned Wednesday.
BUSINESS / Companies
Nov 28, 2019
Mitsubishi Heavy reviewing SpaceJet test flight plan
Mitsubishi Heavy Industries Ltd. is reviewing a test flight plan for the SpaceJet small passenger jet currently in development, the firm's president said Wednesday.
Japan Times
BUSINESS
Nov 19, 2019
Carlos Ghosn's strategy: Convince court he's the victim of a conspiracy
A year after his arrest, Carlos Ghosn's strategy to exonerate himself from allegations of fraud and financial wrongdoing is becoming clearer: It's all a conspiracy.
Japan Times
BUSINESS / Companies
Nov 15, 2019
Japanese banks face headwinds even with current profit goals in sight
Even as the nation's biggest banks remain on course to achieve their full-year earnings goals, they are losing profit drivers.
BUSINESS / Companies
Nov 6, 2019
Mitsubishi to shut Singapore oil-trading unit after losses by trader
Trading house Mitsubishi Corp. said Wednesday it will shut down a Singapore unit that trades crude oil and petroleum products after alleging earlier that a trader racked up $320 million of losses in unauthorized trading.
BUSINESS / Companies
Nov 2, 2019
Six major Japanese electronics makers see net profits plummet amid U.S.-China trade war
Six of seven major Japanese electronics makers suffered year-on-year drops in group net profits in April-September, according to earnings reports released Friday.
BUSINESS
Sep 26, 2019
Ex-Mitsubishi oil trader linked to $320 million loss denies he hid activities, lawyer says
The trader fired by Mitsubishi Corp for allegedly losing $320 million in unauthorized bets on the price of oil denied wrongdoing in a statement issued by a lawyer on Wednesday.
BUSINESS
Aug 5, 2019
Four Japan firms fined in South Korea for auto parts bid-rigging
South Korea's fair trade commission has ordered four Japanese companies to pay fines totaling 9.2 billion won (¥803 million) for rigging bids on auto parts supplied to South Korean automakers.
BUSINESS / Economy
Aug 5, 2019
Tiny booths for telecommuting begin rollout ahead of Tokyo 2020 Olympics
Call it co-working, Japan-style. People on the go will soon be able to find a quiet place to sit down and tap away on a laptop, thanks to phone-booth-sized offices popping up at train stations, airports and skyscraper lobbies.
Japan Times
BUSINESS / ANALYSIS
Jun 26, 2019
Canada's pain Japan's gain as Mitsubishi buys CRJ jet
Mitsubishi Heavy Industries Ltd., which agreed Tuesday to buy Bombardier Inc.'s loss-making regional jet program, plans to exploit the Canadian company's support network and global customer list to rejuvenate its delayed efforts to conquer the jet market.
Japan Times
BUSINESS
Jun 6, 2019
Mitsubishi weighs buying Bombardier's regional-jet unit
Bombardier Inc. is in talks to sell its CRJ regional jet program to Mitsubishi Heavy Industries Ltd., a move that would end the Canadian industrial champion's involvement in commercial aircraft.
BUSINESS / Companies
May 13, 2019
Nissan pushes back on Renault's renewed efforts to merge
Nissan Motor Co. is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won't help turn it around, according to a source with knowledge of the discussions.
Japan Times
JAPAN / Society
May 10, 2019
Happy hour is over: MUFJ bank executive takes aim at Japan's 'nominication' drinking culture
It's time to stop drinking with the boss after work.
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Onosato's yokozuna promotion causes rare quirk in new sumo rankings
Newly promoted yokozuna Onosato holds a copy of the latest banzuke ranking in Anjo, Aichi Prefecture, on Monday.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Over 900 earthquakes strike Tokara islands in space of two weeks
A screenshot shows many quakes occurring in the Tokara islands over the past 30 days, in this image taken from the U.S. Geological Survey website.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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