"Womenomics" policies required large Japanese companies to produce action plans for hiring and promoting more women and pressured firms to pay female employees the same as men.
Of all Japan’s carmakers, Honda had thrown itself most aggressively into EVs, targeting a full phase-out of combustion-engine vehicle sales by 2040.
Well known as the world’s second-biggest auto-parts-maker, Denso has also quietly built up a presence in automotive chips.
Manufacturers are running low on supplies of lithium, nickel and other key battery inputs, with trade frictions and the war in Ukraine exacerbating issues and forcing prices higher.
Analysts, on average, estimate Nissan will report an annual operating profit for the first time in three years.
Analysts, on average, estimate that Toyota will show an operating profit of ¥3 trillion for the period ended March when it reports results on Wednesday.
The airline forecast net income of ¥45 billion ($345 million) for the fiscal year ending March 2023, topping analysts’ average estimate for around ¥10.2 billion.
Toyota sold 903,031 vehicles in March, the automaker said Wednesday, bringing the total to 9.51 million units for the business year through March, its second-highest annual figure.
The carmaker aims to introduce 30 EV models by 2030 with a production volume of more than 2 million vehicles a year.
While still new and relatively unproven, solid-state battery cells are often considered crucial to unlocking the future potential of EVs.
