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February 23, 2025
 

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MITSUBISHI

Warren Buffett, chairman of Berkshire Hathaway Inc., says he is looking to increase ownership in Japan’s five largest trading houses.
BUSINESS
Feb 23, 2025
Berkshire set to gradually raise stakes in Japan trading houses
The shares of the five — Mitsubishi, Mitsui, Itochu, Sumitomo and Marubeni — have benefited over the longer-term from Buffett’s interest.
Labor unions at major Japanese automakers submitted their wage hike requests on Wednesday, but it is uncertain whether the strong pay hike momentum seen in last year's labor-management talks can be maintained.
BUSINESS
Feb 12, 2025
Japanese auto unions submit wage hike demands
Negotiations are expected to intensify toward March 12, when many major companies will give their answers to their labor unions.
Mitsubishi Tanabe Pharma will be acquired by U.S. private equity firm Bain Capital for ¥510 billion.
BUSINESS / Companies
Feb 9, 2025
Bain to acquire Mitsubishi Tanabe Pharma in $3.3 billion deal
Tanabe Pharma focuses on therapeutic areas such as immunology and inflammation, vaccines, diabetes, and central nervous system and metabolic disease.
Soaring costs in recent years have upended the investment plans of offshore wind developers globally.
ENVIRONMENT / Energy
Feb 3, 2025
Mitsubishi reviews Japanese offshore wind after economic changes
Soaring costs in recent years have upended the investment plans of offshore wind developers globally.
An H-3 rocket, built by Mitsubishi Heavy Industries for the Japan Aerospace Exploration Agency, is launched from the Tanegashima Space Center in Kagoshima on Feb. 17, 2024.
JAPAN / Science & Health
Feb 2, 2025
Fifth H-3 rocket with Michibiki No. 6 satellite successfully launched
The rocket blasted off at 5:30 p.m. from the Tanegashima Space Center in Kagoshima Prefecture. The satellite was placed into its target orbit.
Nissan President Makoto Uchida (left), Honda President Toshihiro Mibe and Mitsubishi Motors President Takao Kato at a news conference in Tokyo on Dec. 23.
BUSINESS / Companies
Jan 31, 2025
Honda and Nissan to unveil integration outline in mid-February
Mitsubishi Motors will postpone making a final decision on whether to join the integration.
Mitsubishi Motors is unlikely to join Honda and Nissan's deal to create a holding company together, it was reported Friday.
BUSINESS / Companies
Jan 24, 2025
Mitsubishi Motors won’t join Honda and Nissan tie-up, Yomiuri says
Mitsubishi Motors hasn’t made any announcements and is considering all options, a spokesperson for the company said.
Mitsubishi Corp. will stop buying and selling refined metals and mineral resources in the Chinese spot market after a suspected fraud by one of its copper traders caused a huge loss.
BUSINESS
Jan 14, 2025
Mitsubishi Corp. quits China metal trading after copper fraud
Mitsubishi announced a ¥13.8 billion loss "in its Chinese trading business” in its quarterly earnings in November.
An attendee looks at a prototype of a 2-nanometer gate-all-around wafer produced by Rapidus and International Business Machines Corp. at the Semicon Japan exhibition in Tokyo in December.
BUSINESS / Tech
Jan 3, 2025
Japanese chip industry poised for a comeback
Chipmakers will either begin operating a pilot line or start production at new plants this year.
Honda CEO Toshihiro Mibe speaks during a joint news conference with heads of Nissan and Mitsubishi Motors on their merger talks in Tokyo on Monday.
BUSINESS / Companies / ANALYSIS
Dec 24, 2024
Honda crafts Nissan rescue plan that plays out over years
While executives called the transaction a merger, Honda will take the lead in forming the new entity and nominate a majority of its directors.
Nissan President and CEO Makoto Uchida (left) and Honda President and CEO Toshihiro Mibe hold a news conference in Tokyo in March. Both automakers have been working together for months on a deal of some sort.
BUSINESS / Companies
Dec 18, 2024
Honda and Nissan might combine to form world’s No. 3 auto group
Mitsubishi, which has been working closely with Nissan since 2016, also might join the grouping.
A variety of rice cookers at a home appliance store
JAPAN / Regional Voices: Tohoku
Dec 16, 2024
Companies rush to high-end rice cookers as consumer tastes change
Appliance-makers are working with rice growers to boost demand, as well as debuting products that focus on flavor and features.
Mitsubishi Electric CEO Kei Uruma
BUSINESS / Companies
Dec 13, 2024
Mitsubishi Electric explores forming power chip alliances in Japan
A sense of urgency is growing in the power chip industry as Japanese companies fall further behind German market leader Infineon Technologies.
Mitsubishi has dismissed Gong Huayong, a Shanghai-based copper trader at one of its China units, after finding that he had made unauthorized trades with local companies, including some that were related to him.
BUSINESS / Companies
Dec 4, 2024
Mitsubishi loses $90 million in suspected China metal fraud
The company has dismissed a Shanghai-based copper trader after finding that he had made unauthorized trades with local companies.
A Mogami frigate at the Maritime Self-Defense Force's Yokosuka Naval Base in Yokosuka, Kanagawa Prefecture
JAPAN
Nov 8, 2024
Australia’s next frigates to come from Japan or Germany
Should Japan win the contract to replace aging Anzac-class warships, it would mark a major breakthrough for the country’s defense industry.
Seiji Izumisawa, the CEO of Mitsubishi Heavy Industries, said at a briefing that while currency fluctuations and inflation make the future unpredictable, strong order intakes are encouraging.
BUSINESS / Companies
Nov 5, 2024
Mitsubishi Heavy net income falls, but orders still solid
Shares in the company fell 2.5% Tuesday after it reported that net income for the June-September period failed to meet analysts’ average estimate.
Japanese firm Space Entertainment Laboratory is showcasing a model of its fully autonomous, battery-powered Hamadori 3000 amphibious drone at this week's Japan International Aerospace Exhibition in Tokyo.
JAPAN / Science & Health
Oct 18, 2024
Drone solutions take center stage in Tokyo aerospace show
A flurry of dual-use unmanned aerial vehicles are being showcased, a testament to their growing popularity and the Defense Ministry’s increasing demand for them.
At this week's Japan International Aerospace Exhibition in Tokyo, Mitsubishi Heavy Industries unveiled concepts of two drone systems that could potentially operate alongside the next-generation fighter aircraft that Japan is developing with Italy and Britain. The full-scale model on the left is of an intelligence, surveillance and reconnaissance drone while the other is a 1:10 scale model of a tactical combat drone.
JAPAN
Oct 18, 2024
MHI and BAE showcase drones for potential use with GCAP fighter
The artificial intelligence-enabled drones are being designed to not only support and escort combat aircraft but also perform their own missions.
Lawson President Sadanobu Takemasu (center) says the nation's labor shortage is the biggest challenge its convenience stores face.
BUSINESS / Companies
Sep 19, 2024
Lawson to open convenience stores of the 'future' next spring in Tokyo
The goal of the project is to help reduce the workload of store staff by 30% by fiscal 2030.
The H3 rocket, built by Mitsubishi Heavy Industries for the Japan Aerospace Exploration Agency, lifts off from Tanegashima Space Center in Kagoshima Prefecture on Feb. 17.
BUSINESS
Sep 18, 2024
Mitsubishi to provide H3 rockets for France's Eutelsat from 2027
The deal is a major overseas win for Japan's ¥220 billion ($1.55 billion) state-backed H3 rocket project.
Japan's Prince Hisahito to hold first news conference on March 3
Prince Hisahito heads to greet the Emperor and Empress on the occasion of his 18th birthday in Tokyo on Sep. 6.
Tokyo fund buys China bonds for first time on Japanification bet
Japanese investors are estimated to have increased holdings of Chinese bonds by 53% last year, the most among the markets that make up the World Government Bond Index, according to Bloomberg analysis of Japanese balance-of-payments data.
Ukraine promises swift deal for minerals as Trump cuts Kyiv out of peace talks
A truck carrying partially-refined titanium ore to a factory for further refining at a mine east of Kyiv.
U.S. Marines start to leave Japan, decades behind schedule
U.S. Marines during training in Okinawa last month.
Special website created 30 years after Tokyo subway sarin attack
Ahead of the 30th anniversary of the 1995 sarin nerve gas attack on the Tokyo subway system by Aum Shinrikyo, the Public Security Intelligence Agency launched a special website Friday.
As Ukraine rift emerges, Kyiv's envoy says Japan must take on bigger global role
Ukrainian Ambassador to Japan Sergiy Korsunsky speaks during an interview at the Ukrainian Embassy in Tokyo on Monday.
Japan release of Shiori Ito's documentary in limbo
Shiori Ito, who won a civil suit over a rape case against a TV reporter, in 2018. Her former lawyers claim her documentary includes footage used without the consent of sources.
Abdul Hakim Sani Brown ready to sprint past Paris disappointment
Abdul Hakim Sani Brown (center) runs during a 100-meter heat at the Paris Olympics on Aug. 3, 2024.
What is the ceiling for sumo’s newest yokozuna?
Newly promoted grand champion Hoshoryu (center) performs a dedication ceremony at Meiji Shrine in Tokyo on Jan. 31.
‘Yasuko, Songs of Days Past’ puts overlooked star in the spotlight
“Yasuko, Songs of Days Past” centers on a real-life love triangle between poet Chuya Nakahara (Taisei Kido, left), actor Yasuko Hasegawa (Suzu Hirose, center) and literary critic Hideo Kobayashi (Masaki Okada).

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