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December 22, 2024
 

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Ichiro Suzuki
BUSINESS / Companies
Aug 29, 2016
Mitsubishi says three years needed for shift away from loss-producing commodities
Japan's biggest-trading house has had its fill of commodities.
BUSINESS
Aug 9, 2016
Japan plans to search for, mine metals deep beneath the ocean
As deep as 1,600 meters under water and 1,500 km from Tokyo, work has begun on the new hunting ground for metals in Japan, a country so devoid of natural resources that most of what it needs has to be imported.
Japan Times
BUSINESS
Jun 7, 2016
Japan's trading houses trying to beat U.S. to Cuba
Japan's largest trading houses are positioning themselves in Cuba before any easing of U.S. sanctions, seeking opportunities in infrastructure, resources and automobiles as Havana emerges from near-isolation.
BUSINESS / Companies
Apr 19, 2016
Mitsubishi CEO Kakiuchi seeks 'urgent' shift after commodities collapse
Mitsubishi Corp. is shifting growth away from its energy and mining-related businesses after being stung by the metals and oil collapse that led it to forecast its first-ever annual loss on a group basis.
BUSINESS / Companies
Aug 11, 2015
Mitsui, GE sign cost-cutting mining pact as prices tumble
Mitsui & Co., Japan's largest trader of iron ore and oil, will partner with General Electric Co. in exploring ways to cut costs on mining operations amid the decline in commodity prices.
Japan Times
BUSINESS
Jul 31, 2015
¥100 convenience-store coffees fuel Japan's surge into Java big leagues
The fastest-growing drinks market in Japan isn't craft beer or fruit smoothies. It's cups of cheap black coffee from the local convenience store.
Japan Times
BUSINESS
Jul 17, 2015
Mitsui tries to pin down identity, says try-anything attitude has been key to its success
It earns more than Coca Cola Co., has operations in as many countries as Starbucks Corp., boasts a payroll almost as long as Google Inc. and has been around longer than Philadelphia. Yet many consumers outside of Japan probably haven't heard of it.
Japan Times
BUSINESS
Jun 29, 2015
Mitsubishi eyes India revival as next driver of commodity cycle
If you're looking to bet on commodities, take a breather.
BUSINESS / Companies
Jun 23, 2015
Itochu exits U.S. shale foray with $1 sale
Itochu Corp. ended its $1 billion foray into U.S. shale by selling its 25 percent stake in Samson Resources Corp. back to Samson for $1.
BUSINESS / Companies
Apr 27, 2015
Writedowns put Japan's trading houses in tough spot
The country's top five trading houses have announced more than ¥570 billion in asset writedowns, or about half the net income the firms expect to report for last year. And that's probably not the end of it.
BUSINESS / Companies
Jan 27, 2015
What a difference oil price makes, as Marubeni joins writedowns
"I couldn't believe that oil would drop this far," said Marubeni Corp. Chief Executive Officer Fumiya Kokubu.
BUSINESS
Aug 13, 2014
Sumitomo joins Goldman in expecting the aluminum market to swing into a deficit
The global aluminum market will swing into a deficit this year for the first time since 2006 as cuts in output deepen and demand from automakers grows, according to trading house Sumitomo Corp.
BUSINESS / Companies
Jul 2, 2013
Komatsu debuts automated dozers
Komatsu Ltd., the world's second-biggest maker of construction equipment, has begun sales of automated bulldozers in the United States, the home turf of bigger rival Caterpillar Inc., in a bid to keep pace with global competitors.
BUSINESS
Mar 13, 2010
Mitsui, Marubeni target lucrative water market
Trading houses Mitsui & Co. and Marubeni Corp. plan to up investments in water projects to benefit from global spending forecast to reach $1.2 trillion by 2025.
BUSINESS
Apr 16, 2009
Mitsui eyes raw materials projects overseas
Mitsui & Co., the nation's second-largest trading house, may increase overseas investment in new projects to secure raw materials after prices dropped, competing with China and South Korea for resources.
BUSINESS
Jan 16, 2008
SMFG turns to alliances with Asian banks
Sumitomo Mitsui Financial Group Inc. will target alliances with Asian banks, including Malaysia's RHB Capital Bhd., to boost income as domestic lending falls.
BUSINESS
Nov 28, 2007
Sumitomo Mitsui eyes income boost from investors
Sumitomo Mitsui Financial Group Inc. plans to increase income from individuals by ¥100 billion within three years by selling a wider array of financial products.
Freed anti-whaling campaigner Paul Watson arrives in France
U.S.-Canadian anti-whaling environmental activist Paul Watson, who was released from prison in Greenland's capital Nuuk after five months in detention, arrives with Lamya Essemlali, president of Sea Shepherd France, at Charles de Gaulle Airport in Roissy-en-France, near Paris, on Friday.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Police raided suspect's home to arrest him after fatal Kitakyushu stabbing
Broken window glass is seen at Masanori Hirabaru's house in Kitakyushu's Kokuraminami Ward.
Taiwan lawmakers brawl over bills that would 'damage democracy'
Lawmakers from the Democratic Progressive Party and opposition party Kuomintang brawl in parliament in Taipei on Friday.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition
By Alex K.T. Martin

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