Toyota Motor Corp. warded off Volkswagen AG to remain the world's top-selling automaker for a third consecutive year, driven by record U.S. deliveries of its SUVs, according to the 2014 tally announced by the company Wednesday. Worldwide sales for Toyota, including its Hino Motors Ltd. ...
Supermarket sales fell 1.0 percent in September from a year earlier on a same-store basis, declining for the sixth consecutive month following the April consumption tax hike, an industry body said Tuesday. Sales at 9,262 stores operated by 60 supermarket chains totaled ¥1.016 trillion, according ...
August supermarket sales down for fifth month after tax hike
Supermarket sales fell 0.1 percent in August from a year earlier on a same-store basis, declining for the fifth consecutive month following the April consumption tax hike, an industry body said Monday. Sales at 9,242 stores operated by 60 supermarket chains totaled ¥1.09 trillion, according ...
McDonald's Corp., poised to resume selling beef and chicken in China this week after a supplier was accused of repackaging old meat, says the matter is hurting the chain's results in Asia. McDonald's Holdings Co. (Japan) said its sales in July fell 17.4 percent from ...
Fallout from the tax rise may hit in surprising ways
Prior to the consumption tax increase last Tuesday, from 5 percent to 8 percent, Japanese consumers were spending to beat the band. The local business magazine Economist (not to be confused with the English language newsweekly) reports that ¥4 trillion was spent on goods ...
Nissan Motor Co. launched the third generation of the Teana sedan in the domestic market Wednesday, featuring enhanced comfort for long road trips and crash avoidance support technologies. The new Teana, equipped with a 2.5-liter engine, has been developed as a global strategic model with ...
Panasonic Corp. posted third-quarter profit that beat analysts' estimates as the television maker stops making plasma sets to speed up reforms and recover from back-to-back annual losses. Net income rose 20 percent to ¥73.7 billion in the three months that ended Dec. 31, the Osaka-based ...
Gold sales by Japan's biggest bullion retailer surged 63 percent to a five-year high as prices slumped and investors sought refuge from Prime Minister Shinzo Abe's campaign to stoke inflation and weaken the yen. Sales of bars to local investors by Tanaka Kikinzoku Kogyo K.K. ...
Toyota Motor Corp. has delayed the release of its annual production and sales plan until next month to study how recently decided tax reforms for fiscal 2014 will impact automobile taxes, industry sources said Saturday. The automaker has also rescheduled to January its presentation of ...
The number of new condominiums put up for sale in the greater Tokyo area surged 77.3 percent in September from a year earlier to 5,968 units, a research institute said Wednesday. Of the new condos in Tokyo, Chiba, Kanagawa and Saitama prefectures, 83.5 percent found ...
Kishida to ask France not to sell chopper equipment to China
Foreign Minister Fumio Kishida will meet with French counterpart Laurent Fabius in Tokyo next week to ask that Paris prevent helicopter landing equipment from being sold to China in light of the Senkaku Islands dispute, government officials said Thursday. At the meeting Tuesday, Kishida plans ...
Nissan Motor Co., the most successful Japanese automaker in China, expects sales in the world's largest automobile market to rebound within three months as demand for Japanese-branded vehicles recovers. "We've seen growth in retail year on year in March and year to date," Andy Palmer, ...
