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Akemi Nakamura
BUSINESS
May 8, 2003
Yamaha Motor triples its net profit
Yamaha Motor Co. scored a record group net profit of 25.56 billion yen for the year through March, up roughly threefold from the previous year, the company said Wednesday.
BUSINESS
May 7, 2003
Ripplewood to take over Asahi Tec
U.S. investment fund Ripplewood Holdings LLC will obtain a 51 percent stake in auto parts maker Asahi Tec Corp.
Japan Times
BUSINESS
May 3, 2003
Minivehicle, truck makers hope to cash in on hybrid market
With the success of the Toyota Prius, a gasoline-electric hybrid compact that debuted in 1997, such models have become a major focus of an automotive industry eager to clear tougher environmental regulations and improve its image.
BUSINESS
May 2, 2003
Sales of new cars, trucks and buses register first decline in eight months
April sales of new cars, trucks and buses fell 6.5 percent from the same month last year to 248,302 units, the first year-on-year decline in eight months, the Japan Automobile Dealers Association said Thursday.
Japan Times
BUSINESS
Apr 26, 2003
Downsize, get out of China's way and rebuild: business chief
Japan should aggressively create new businesses to regain its global competitiveness, according to Kakutaro Kitashiro, new chairman of the Japan Association of Corporate Executives (Keizai Doyukai).
BUSINESS
Apr 26, 2003
Honda reports record group net profit and sales
Honda Motor Co. reported Friday a record group net profit of 426.66 billion yen for fiscal 2002, up 17.6 percent from the previous year.
BUSINESS
Apr 26, 2003
Mazda reports near threefold profit surge
Mazda Motor Corp.'s group net profit for the year through March nearly tripled from the previous year to 24.1 billion yen, due to large reductions in operating costs and the appreciation of the euro against the yen, the company announced Friday.
BUSINESS
Apr 25, 2003
MMC posts record 38 billion yen net profit
Mitsubishi Motors Corp. posted an estimated record group net profit of 38 billion yen for the year through March, up nearly fourfold from the previous year, due partly to reduced operation costs and increased overseas sales, the automaker said Thursday.
BUSINESS
Apr 24, 2003
Nissan reports record operating profit
Nissan Motor Co. announced Wednesday a record group operating profit of 737 billion yen for the year through March, up 50.7 percent from the previous year, thanks mainly to increased car sales at home and reduced purchasing costs.
Japan Times
BUSINESS
Apr 23, 2003
Honda picks Fukui as new president
Honda Motor Co. said Tuesday that Takeo Fukui, a senior managing director, will succeed President Hiroyuki Yoshino in June.
BUSINESS
Apr 18, 2003
Toyota to launch Prius hybrid version this year
Toyota Motor Corp. said Thursday it will launch a remodeled version of the eco-friendly Prius compact -- featuring a cutting-edge gasoline-electric hybrid system -- in Japan, the U.S. and Europe by the end of the year.
Japan Times
BUSINESS
Apr 18, 2003
Suzuki prepares a 'mini' blitz
Suzuki Motor Corp., Japan's top minivehicle maker three decades running, is preparing an assault on the global market with a new line of compact cars, according to company President Hiroshi Tsuda.
BUSINESS
Apr 10, 2003
China firm, Toyota pen production deal
Toyota Motor Corp. and FAW Group Corp., China's largest automaker, signed an agreement Wednesday to jointly manufacture four Toyota models in China to cash in on the world's fastest growing auto market.
Japan Times
BUSINESS
Apr 10, 2003
Mazda's new RX-8 to hit the streets in May
In a bid to boost its image, Mazda Motor Corp. next month will release the RX-8 sports car, its first rotary engine model in 12 years, the company announced Wednesday.
Japan Times
BUSINESS
Apr 9, 2003
Toyoda takes step up Toyota ladder
Akio Toyoda will be promoted to senior managing director of Toyota Motor Corp. in June -- a year after becoming the automaker's managing director, the firm said Tuesday.
Japan Times
JAPAN
Apr 2, 2003
Postal agency becomes self-sufficient Japan Post
The Postal Services Agency on Tuesday became Japan Post, a huge public corporation that will operate on a self-sufficient basis.
Japan Times
JAPAN
Mar 29, 2003
Japan Post debut invokes wariness, hope
When the Postal Services Agency is reborn Tuesday as Japan Post, the public corporation is expected to increase its operational efficiency and better serve its customers.
BUSINESS
Mar 29, 2003
Panel approves hike in NTT access fees
A government advisory panel on Friday approved a controversial plan to increase the interconnection fees NTT charges other firms to use its fixed telephone lines for fiscal 2003 and 2004.
BUSINESS
Mar 27, 2003
Raising access fees would hurt NTT as well as rivals: telecom expert
A fierce battle is raging within the telecom sector over whether the access fees charged by NTT firms for use of their telephone infrastructure should be raised.
BUSINESS
Mar 26, 2003
Starting April 1, all MMC pay will be merit-based
Mitsubishi Motors Corp. will entirely abandon seniority-based pay on April 1 in an effort to improve productivity.

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