Sapporo bought the maker of Anchor Steam beer to gain a foothold in the U.S. craft-beer market and make up for declining domestic consumption but has failed to turn its fortunes around.
Comments and hours of presentations at a technology briefing contrasted with years of Toyota executives speaking cautiously about how quickly car buyers will be ready to go all-electric.
The Osaka-based company, which supplies batteries to Tesla, said last week that it aims to boost production to 200 gigawatt-hours by March 2031.
The abandoned campaign is a marketing setback just as demand for travel picks up, with downgrading of COVID-19.
The workaholic Brazilian-Lebanese executive, who spent much of his time jetting between the carmakers’ headquarters and factories, was the glue holding together the firms' alliance.
On one hand, such talk can be seen as a sign of corporate Japan casting aside the remains of a compensation system based on across-the-board rewards and seniority.
The firm, which in its heyday made everything from supercomputers to chips, has hived off much of its consumer product lineup to focus on communications and information technology systems.
The story of Jun Seki's time at the company is a cautionary tale of the risks of taking over from a self-made titan who finds it near-impossible to pass the reins.
Even though the gas-sipping hatchback paved the way for Teslas and other fully electric vehicles, it’s the less-hip option these days.
The father and son sentenced to serve time in a Japanese prison for smuggling Carlos Ghosn out of the country were transferred to the U.S. a week ago.
