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May 10, 2024
 

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MITSUI

Japan Times
BUSINESS / Companies
Oct 23, 2018
Toyota and Mazda look to integrate automobile loan units
Toyota Motor Corp. and Mazda Motor Corp. are considering integrating their automobile sales loan businesses in a deeper capital tie-up to cut costs amid the shrinking domestic market, sources close to the matter said Tuesday.
Japan Times
LIFE / Style & Design
Oct 14, 2018
Good Design Awards go beyond industrial design
There's no shortage of transformative ideas in Japan, particularly in the field of design. This year's Good Design Awards showcased many surprising examples of innovation from Japan and abroad.
BUSINESS / Companies
Sep 25, 2018
Mitsui Sugar and Mitsui & Co. to buy Singapore firm for Southeast Asia and Middle East expansion
Leading sugar producer Mitsui Sugar Co. and trading house Mitsui & Co. will acquire a full stake in a Singapore sugar vendor for about $100 million to cash in on growing demand for sweeteners in Southeast Asia and the Middle East.
BUSINESS / Companies
May 23, 2018
Mitsui Sumitomo to buy 37.5% stake in Chinese life insurer
Mitsui Sumitomo Insurance Co. said Wednesday it will buy a 37.5 percent stake in a medium-sized Chinese life insurance company for 4.33 billion yuan ($675 million) to tap the world's third-largest insurance market.
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.
Japan bread recalled after rat parts found inside packs
Pasco Shikishima has recalled 104,000 packs of its white Chojuku bread after parts of a rat's body were discovered in two of them.
Tokuryū, a new crime menace in Japan, emerges from the shadows
The National Police Agency coined the term "tokuryū" to classify individuals involved in dark part time jobs and quasi-gangsters, using the words "tokumei" (anonymous) and "ryūdo" (fluid) to reflect their characteristics.
Nearly 6 million elderly people in Japan will have dementia by 2040
The latest figure is significantly less than a previous projection released in 2015 that said more than 8 million people would have dementia by 2040.
Thanks, tourists. Views of Mount Fuji are now blocked.
Tourists pose in front of a convenience store with Mount Fuji on Friday in the town of Fujikawaguchiko, Yamanashi Prefecture. Local residents are upset over littering, overcrowding and the inconvenience caused by the visitors.
Is Modi’s party heading for a stunning election loss?
Indian Prime Minister Narendra Modi's campaign tactics have escalated, including anti-Muslim rhetoric and fearmongering, reflecting his ruling party's desperation.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Stormy seas ahead as Beijing and Manila trade barbs over secret deal
Philippine Marines wave to Philippine Navy personnel and the media during a resupply mission at their military outpost, the BRP Sierra Madre, a warship run aground in the disputed Second Thomas Shoal in 1999, in the South China Sea, in March 2014.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.
After blockbuster boxing victory, what next for ‘Monster’ Inoue?
Naoya Inoue celebrates his victory over Luis Nery in their IBF-WBA-WBC-WBO super bantamweight title boxing match at Tokyo Dome on Monday.
Xi bristles as Macron and von der Leyen urge China to do more on Ukraine
French President Emmanuel Macron, Chinese leader Xi Jinping and European Commission chief Ursula von der Leyen walk after their meeting in Paris on Monday.

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