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April 01, 2025
 

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MITSUBISHI MOTORS

Japan Times
BUSINESS / Companies
Jun 14, 2016
Mitsubishi Heavy to retain car stake while rescue plays out; will raise ¥200 billion from other sources
Mitsubishi Heavy Industries Ltd., the biggest shareholder in Mitsubishi Motors Corp., will hold onto its stake in the automaker that Carlos Ghosn is seeking to turn around following a fuel-economy test scandal.
BUSINESS / YEN FOR LIVING
Jun 11, 2016
Fuel-efficiency scandal could end up hitting car buyers in the pocket
The entire auto industry has had its image damaged in the mileage scandal, which means the transport ministry will likely require all carmakers to carry out stricter testing that will cost much more money.
BUSINESS / Companies
May 25, 2016
Mitsubishi Motors books ¥19.1 billion charge over fuel efficiency scandal
Mitsubishi Motors Corp. Wednesday added a ¥19.1 billion special loss to its fiscal 2015 earnings due to the recent fuel efficiency manipulation scandal.
Japan Times
BUSINESS / Companies / FOCUS
May 19, 2016
Mitsubishi Motors scandal was an accident waiting to happen
It's a familiar Japanese corporate ritual: a deep bow before the cameras to atone for wrongdoing. And when it comes to the art of public mea culpa, few companies can top scandal-prone Mitsubishi Motors Corp.
Japan Times
BUSINESS / Companies
May 18, 2016
Suzuki latest automaker caught up in data debacle; Mitsubishi Motors says four further models affected
Suzuki Motor Corp. joins the list in admitting mistakes in measuring car fuel economy, saying its system is unapproved.
Japan Times
BUSINESS / Companies / FOCUS
May 13, 2016
How a confession turned into ¥237.4 billion bargain for Nissan
Two days before Mitsubishi Motors Corp. went public with news it had overstated the fuel economy of its cars, Chairman Osamu Masuko visited Nissan Motor Co. President Carlos Ghosn for a mea culpa. It did not take long for talk to turn from an apology to a deal.
Japan Times
BUSINESS / Companies
May 12, 2016
Stricken Mitsubishi Motors in talks with Nissan over ¥237 billion stake
Nissan Motor Co. is in talks to take a 34% stake in Mitsubishi Motors Corp., the automakers said Thursday.
BUSINESS / Companies
May 2, 2016
Mitsubishi Motors drags on Nissan as minicar sales fall 51%
Mitsubishi Motors Corp.'s fuel economy testing fraud has hit its partner Nissan Motor Co. in domestic showrooms, with the latter automaker posting a steeper plunge in April minicar sales and overall market share.
Japan Times
BUSINESS / Companies
May 1, 2016
Scandal-plagued Mitsubishi Motors reliant on ASEAN as redress claims brew
Mitsubishi Motors Corp., embroiled in a car-rigging scandal in Japan, may find that its future increasingly hinges on its performance in Thailand — the automaker's biggest overseas production base.
Japan Times
BUSINESS / Companies
Apr 27, 2016
Mitsubishi skips forecast, says domestic orders have halved
Mitsubishi Motors Corp. on Wednesday abstained from releasing a forecast for fiscal 2016 as a scandal involving falsified fuel efficiency figures threatened to be a road wreck for the automaker.
Japan Times
BUSINESS / Companies
Apr 27, 2016
Deepening tests scandal could throttle Mitsubishi Motors
Mitsubishi Motors opts not to release a projection of its fiscal 2016 earnings amid a scandal involving falsified fuel efficiency figures.
BUSINESS / Companies
Apr 26, 2016
Mitsubishi Motors admits using unapproved efficiency tests for 25 years
The embattled automaker admits that its method of testing fuel efficiency much longer than it had previously stated.
BUSINESS / Companies
Apr 26, 2016
Mitsubishi Motors executives skip Beijing car show
Mitsubishi Motors Corp.'s senior executives skipped the Beijing car show as the automaker grapples with the fallout from its mileage fraud admission.
Japan's biggest beef bowl chain Sukiya to shut nearly 2,000 stores after rat and bug contamination
Zensho Holdings, operator of fast-food chain Sukiya, said it will close all of its stores in Japan, except for a small number in shopping centers, between Monday and Friday following recent contamination incidents.
Alert raised for volcano in southwestern Japan
Shinmoedake, a volcano located between Miyazaki and Kagoshima prefectures, in November 2019
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
Nankai Trough earthquake could kill 298,000 people, government says
Residents participate in an evacuation drill held with West Japan Railway in Shirahama, Wakayama Prefecture, in January 2024 to prepare for a Nankai Trough earthquake and a possible tsunami following the quake.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.
Nankai Trough earthquake could kill 298,000 people, government says
Residents participate in an evacuation drill held with West Japan Railway in Shirahama, Wakayama Prefecture, in January 2024 to prepare for a Nankai Trough earthquake and a possible tsunami following the quake.
NFL comeback star Damar Hamlin shares life-saving message in Tokyo
Damar Hamlin poses with students at The American School in Japan in Chofu, western Tokyo, on Thursday.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Tokyo tech failures lean into misfortune, mistakes and missteps
Tsuyoshi Domoto in Tokyo's Shinjuku Ward on March 28. As an entrepreneur, Domoto experienced plenty of setbacks but maintains a positive attitude and continues to pursue his dreams.

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