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May 02, 2024
 

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MITSUI O S K

BUSINESS
May 18, 2018
Japan snaps up China-bound sorghum amid Beijing-Washington trade spat
Japanese buyers have purchased between 150,000 and 180,000 tons of U.S. sorghum carried by three vessels that were previously bound for China amid a trade spat between Beijing and Washington, according to five industry sources with knowledge of the deals.
Japan Times
BUSINESS
Mar 29, 2018
Luxury complex Tokyo Midtown Hibiya opens in arts district
The Tokyo Midtown Hibiya shopping and entertainment complex opened for business Thursday in the capital's arts district, connecting Japan's key business, fashion and political areas.
Japan Times
BUSINESS
Mar 29, 2018
Japan's first ice-breaking LNG tanker enters service in Arctic Ocean
Shipping company Mitsui O.S.K. Lines Ltd. put an ice-breaking tanker into service in the Arctic Ocean on Thursday to transport liquefied natural gas from a Russian plant to Europe, becoming the first Japanese firm to own and operate such a vessel.
Japan Times
BUSINESS / Companies
Mar 24, 2018
Mega-banks to slash new hires in spring 2019 as ultralow interest rates take toll
Japan's three mega-banking groups plan to hire fewer new graduates in April 2019, it was learned Saturday.
BUSINESS / Companies
Feb 16, 2018
Mitsui Fudosan adds 70 shops in outlet mall expansion at Kuala Lumpur airport
With the goal of operating Southeast Asia's largest outlet mall by 2021, Japanese real estate developer Mitsui Fudosan Co. has expanded its factory outlet shopping mall at Kuala Lumpur International Airport.
Japan Times
BUSINESS / Companies
Feb 15, 2018
Japan's trading houses on the prowl as record earnings boost investment appetite
Domestic trading houses are scouting for assets as they enjoy their best profit outlook in six years, driven by higher prices for commodities from metals and coking coal to oil and natural gas.
Japan Times
BUSINESS / Companies
Jan 30, 2018
Mitsui Fudosan ready to open new Tokyo Midtown in Hibiya in March
Tokyo Midtown Hibiya, a 35-story office and shopping complex, will open in Chiyoda Ward in March, with its developer, Mitsui Fudosan Co., saying it hopes to evolve the Hibiya area into a crossing point for both businesses and culture.
Japan Times
BUSINESS / Companies
Nov 10, 2017
Japan's biggest banks prepare for massive downsizing and cost overhauls
Years of shrinking interest rates, demographic challenges and threats from rapidly advancing technology are finally coming to a head at Japan's biggest banks as they prepare to eliminate thousands of positions and downsize branches.
BUSINESS / Companies
Oct 30, 2017
Mitsui Engineering to open crane plant in Indonesia betting on growing cargo-handling demand
Mitsui Engineering & Shipbuilding Co. is planning to open its first overseas gantry crane plant in Indonesia, betting on growing demand for cargo-handling equipment on the back of seaport development in emerging countries.
Japan Times
BUSINESS
Oct 5, 2017
Firms pitch part-time work-at-home as way to ease leave-takers' return to office life
Michika Kato, 27, a mother of a 1-year-old boy, works for up to two hours on her computer at home while her baby is playing on his own or sleeping.
Japan Times
BUSINESS
Aug 24, 2017
Nippon Yusen cooking up trans-Pacific container ship test in quest to automate shipping
Japan's largest container line plans to test a remote-controlled vessel across the Pacific Ocean in 2019 as it pursues fully autonomous technology that could disrupt the global shipping industry.
BUSINESS
May 16, 2017
2016 profits off for four big Japan banks amid low rates and Toshiba woes
Four of Japan's five major banking groups posted lower profits for the year through March 31, due largely to the worsening business performance of major borrower Toshiba Corp. and extremely low interest rates, according to earnings reports.
BUSINESS / Companies
Apr 28, 2017
Japan's big three shippers see profitable year amid industry recovery
Japan's big three shippers on Friday forecast a return to profit this fiscal year after last year's losses, as they emerge from the worst global slump in the container business.
BUSINESS
Jan 19, 2017
Mitsui to acquire role in U.K.'s East Anglia railway
Trading house Mitsui & Co. said on Wednesday it has reached an agreement to acquire a 40 percent stake in a British rail franchise from a subsidiary of the Dutch national railway.
BUSINESS / Companies
Jan 18, 2017
Mizuho, Sumitomo Mitsui Trust eye merging asset management banking arms
Mizuho Financial Group Inc. and Sumitomo Mitsui Trust Holdings Inc. are discussing integrating their asset management banking businesses, sources said Wednesday.
Japan Times
BUSINESS / Companies
Dec 21, 2016
Japan experiencing budding startup wave as fundraising environment improves
A wave of startups is emerging in famously risk-averse Japan as cash-rich corporations increasingly delegate the task of keeping pace with technologies such as artificial intelligence and robotics to smaller, nimbler businesses.
BUSINESS / Companies
Dec 20, 2016
Japan's SMBC to buy U.S. freight car leasing firm for $2.8 billion
Sumitomo Mitsui Banking Corp. said Tuesday that it will buy U.S. freight car leasing firm American Railcar Leasing LLC for roughly $2.8 billion, eyeing a boost in its earnings on the brighter U.S. economic outlook.
Japan Times
BUSINESS
Nov 29, 2016
Pakistan says Japan traders among those eyeing LNG tender
Pakistan says Japan's biggest trading houses are among almost two dozen companies eyeing its liquefied natural gas purchase tender that it says is the largest on record.
Japan Times
BASEBALL / Japanese Baseball
Nov 8, 2016
Kikuchi, Maru lead Golden Glove winners
Hiroshima Carp second baseman Ryosuke Kikuchi and outfielder Yoshihiro Maru each made it four Golden Gloves in four years as the recipients of Japanese baseball's top defensive honor, the Mitsui Golden Glove Award, were revealed on Tuesday.
BUSINESS / Companies
Nov 7, 2016
Mitsui's Indian home shopping partner plans push to dominate market
With e-commerce and TV shopping gaining traction in India, Naaptol Online Shopping Pvt. Ltd. is looking to expand further by leveraging partner Mitsui & Co.'s experience in home shopping, top company officials say.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
A peek inside the brains of ‘super-agers’
For a little more than a decade, scientists have been studying a subset of people they call "super-agers.” These individuals are age 80 and older, but they have the memory ability of a person 20 to 30 years younger.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.

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SUSTAINABLE JAPAN

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