Tag - mitsui

 
 

MITSUI

BUSINESS
Aug 31, 2022
Russia approves Japan stakes in Sakhalin-2 energy project
Two Japanese trading houses will maintain stakes in the Russian oil and gas project despite Tokyo joining sanctions on Moscow over the war in Ukraine.
Japan Times
BUSINESS
Aug 6, 2022
Russia bans investors from 'unfriendly countries' from selling banking and key energy stakes
Western countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late February.
BUSINESS
Aug 5, 2022
Japan government asks Sakhalin-2 stakeholders to 'think positively' about new entity
State gas company Gazprom will receive just over 50% of the entity replacing Sakhalin Energy, the current operator.
Japan Times
BUSINESS / Companies
Aug 4, 2022
Russia's Gazprom to get 50% of Sakhalin-2 LNG project replacement entity
Mitsui and Mitsubishi, which hold a combined 22.5% stake in the project, said separately that they are examining details of the new entity.
Japan Times
BUSINESS / Companies
Jul 21, 2022
Fate of Japan's interests in Sakhalin-2 project remains uncertain
The government hopes to help traders Mitsui & Co. and Mitsubishi Corp. keep their stakes after Moscow decided to effectively seize the project.
BUSINESS
Jul 1, 2022
Putin’s swoop on Sakhalin-2 gas plant could force Shell and Japan firms out
Firms have one month to say whether they'll take stakes in the new company, and those who opt out may not be fully compensated, the statement said.
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
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
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
Feb 5, 2020
Hyundai to halt South Korea output as new coronavirus disrupts parts supply
Hyundai Motor will suspend production in South Korea because the outbreak of the new coronavirus has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.
Japan Times
BUSINESS / Companies
Sep 24, 2019
Coco Ichibanya restaurant chain plans to sell Japanese curry ... to India
A Japanese plan to sell curry in India all stemmed from a hungry expat looking for good food in Tokyo.
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 / Companies
May 20, 2015
Mitsui CEO eyes food, retail amid profit slump
Mitsui & Co., the nation's top oil trader, is expanding its focus beyond raw materials as its incoming CEO contends with an expected 22 percent decline in profit this year.
JAPAN
Apr 24, 2014
¥4 billion paid for ship's release
Mitsui O.S.K. coughs up about ¥4 billion to secure the release of an ore carrier seized in China over a contract dispute predating World War II.
Japan Times
CULTURE / Art
Feb 5, 2014
'Hina Dolls of the Mitsui Family'
In Japan, girls are traditionally given hina doll sets, which are put on display throughout the Hinamatsuri (Girls' Festival) season in March each year. Usually, each girl of the family will receive her own set, which she keeps throughout her life.
BUSINESS / Companies
Jan 2, 2014
Mitsubishi, Mitsui pull out of deal to buy Aussie LNG
Mitsubishi Corp. and Mitsui & Co. have withdrawn from an agreement to buy liquefied natural gas from Woodside Petroleum Ltd.'s Browse venture in Australia after delays to the project.

Longform

In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
The rise of AI companionship in a lonely Japan