Business / Corporate Jun 27, 2023
Nissan board gains shareholder backing, but must tackle surveillance claims
Recent turmoil recalls the turbulent period that led up to and followed the ouster of former head Carlos Ghosn.
Business May 28, 2023
Proxy adviser ISS backs Toyota shareholder proposal on climate disclosure
A proxy adviser has recommended that shareholders of Toyota vote in favor of a resolution urging the automaker to improve disclosure of its lobbying related to climate change.
Business Apr 26, 2023
Honda agrees strategic collaboration deal with TSMC
Japanese automakers have struggled to completely shake off the hit from tight global chip and parts supply during the pandemic, though constraints have eased.
Business / Corporate Mar 17, 2023
Mazda to appoint former North America head Masahiro Moro as next CEO
Moro, 62, will officially take over pending the approval of the shareholders and board in June, the company has confirmed.
Business Feb 10, 2023
Honda beats estimates with 22% rise in third-quarter operating profit
Still, the automaker faced setbacks in China from the spread of COVID-19 and the chip shortage in the third quarter that extended into January, with some of its dealers temporarily closing.
Business Dec 23, 2022
Japanese homeowners face an unfamiliar headache: higher mortgages
The Bank of Japan whipsawed global financial markets when it said on Tuesday it would allow rates to rise a little more, signaling a potential end to ultralow rates.
Business Oct 12, 2022
Japan's machinery orders post biggest fall in six months in blow to corporate spending
Core orders, a highly volatile data series regarded as a barometer of capital expenditure in the coming six to nine months, fell 5.8% in August from the previous month.
Business Oct 5, 2022
Japan to curb electricity costs amid weak yen and recession risks, PM says
The government will compile another economic stimulus plan by the end of October, including a rare measure to directly ease the rise of electricity prices, Prime Minister Fumio Kishida said.
Business Sep 14, 2022
Japan's machinery orders posted surprise gains in July
The surprise increase in core orders — a barometer of capital expenditure — could provide temporary relief for policymakers.
Business / Economy Sep 1, 2022
Japan's tight jobs market fails to deliver on egalitarian promise
The emergence of the freelance class poses a challenge to Prime Minister Fumio Kishida, who has pledged to redistribute wealth through wage hikes.