Toyota crowned world's biggest automaker for third year

Business Jan 21, 2015

Toyota crowned world's biggest automaker for third year

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. ...

Business / Economy Oct 21, 2014

September supermarket sales down for sixth month

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 ...

Business / Economy Sep 22, 2014

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 ...

China meat supplier probe hurting McDonald's sales

Business Aug 5, 2014

China meat supplier probe hurting McDonald's sales

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 ...

Nissan releases all-new Teana

Business / Corporate Feb 5, 2014

Nissan releases all-new Teana

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 ...

Business / Corporate Feb 4, 2014

Panasonic profit beats analyst estimates

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 bar sales balloon as inflation hedge

Business Jan 23, 2014

Gold bar sales balloon as inflation hedge

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. ...

Business / Corporate Dec 15, 2013

Release of 2014 sales plan delayed

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 ...

Business Oct 16, 2013

Tokyo-area new condos for sale up 77% in September

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 ...

National / Politics May 3, 2013

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 sees rebound in China this quarter

Business / Corporate Apr 5, 2013

Nissan sees rebound in China this quarter

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, ...