Business | Page 4
More fake inspections found at Mitsubishi Electric
NHK - Oct 20
An independent panel investigating fraudulent inspections at Japan's Mitsubishi Electric has uncovered dozens more cases.
Airline offers rent and unlimited flights for remote workers
Bloomberg - Oct 20
A Japanese domestic airline is seeking to fill empty seats by offering subscriptions to Tokyo-based workers that will let them move to a city nearly 900 kilometers (550 miles) away, and commute back-and-forth to the capital by air as many times as they want.
Rapid, one-sided yen fall negative for Japan economy: Bank of Japan chief
Kyodo - Oct 19
The yen's rapid and one-sided depreciation is "negative" for the Japanese economy, Bank of Japan Governor Haruhiko Kuroda said Wednesday after the currency hit a fresh 32-year low versus the U.S. dollar.
Toyota-backed flying car firm Joby seeks Japan air certification
Reuters - Oct 18
Joby Aviation Inc, a U.S. air taxi startup backed by Japanese automaker Toyota Motor Corp, said on Tuesday it has applied to Japan's transport ministry for aircraft certification as it prepares to launch urban transportation services.
Amway Japan gets partial business suspension order over network marketing
NHK - Oct 15
Japan's Consumer Affairs Agency has issued a partial business suspension order to Amway Japan for illegally soliciting people over network marketing.
Uniqlo owner Fast Retailing hits highest-ever annual profit
Nikkei - Oct 14
Uniqlo owner Fast Retailing announced a record annual profit on Thursday, as most of the casual clothing retailer's markets rebounded from the COVID pandemic.
Toyota begins making cars in Myanmar after delay due to coup
Japan Today - Oct 14
Toyota Motor Corp has begun assembling autos in Myanmar after a more than yearlong delay following a military takeover in February 2021.
Japan's producer prices rise for 19th straight month
NHK - Oct 13
Producer prices in Japan rose for a 19th straight month in September, driven up by higher energy and material costs and a rapidly weakening yen.
Japan warns on yen sell-off as dollar's surge continues
asiafinancial.com - Oct 13
Japan's lawmakers have issued their strongest warning yet to investors selling the yen after the US dollar soared to a new 24-year high against the currency.
Japan becomes first in Asia to get Starlink connection
UPI - Oct 12
Japan on Tuesday became the first country in Asia to receive Internet access from the Starlink satellite system from the SpaceX company controlled by Tesla founder Elon Musk.
Nissan sells its Russian operation with 6 year buyback option
siasat.com - Oct 12
Japan’s Nissan Motor Company has decided to sell its Russian operations with an option to buy it back within six years, the company said.
Kura Sushi plans New York location in expansion abroad
Nikkei - Oct 12
Japanese conveyor-belt sushi chain Kura Sushi will open its first New York State location by August 2024 in an ambitious expansion campaign that aims to quadruple its overseas network.
Nissan pushes Renault to sell down stake, may raise funds: source
Nikkei - Oct 10
Nissan Motor is pressing French partner Renault to cut its stake in the Japanese automaker as much as possible, ideally to 15%, and may consider raising funds to buy back the shares, a source familiar with the matter said.
Japan targets farm export gains to blunt weak yen’s pain
borneobulletin - Oct 07
When Japanese Prime Minister Fumio Kishida vowed this week to wring more gains from the weak yen, which has become instead a source of economic pain, he was pinning his hopes on the likes of Soichi Yoshimura, 33, and his strawberry farm north of Tokyo.
Toyota restarts output of first EV after resolving safety issues
Nikkei - Oct 07
Toyota Motor said it would restart production of its first electric vehicle, the bZ4X, on Thursday after fixing potential safety problems that had halted sales of the new battery-powered model for more than three months.
iPhone 14 cheapest in Japan among 37 countries: survey
Kyodo - Oct 05
The iPhone 14 launched by Apple Inc. in September was cheaper in Japan than 36 other major countries and regions in the world, a survey showed Wednesday.
