Tag - mitsubishi

 
 

MITSUBISHI

Japan Times
BUSINESS / Companies
Jun 22, 2016
Mitsubishi Motors sees first loss in eight years amid scandal
Mitsubishi Motors Corp. forecast its first loss in eight years after setting aside compensation costs related to manipulating fuel-efficiency ratings and falsifying test data.
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.
Japan Times
BUSINESS / Companies
Jun 13, 2016
Mitsubishi Motors acknowledges Outlander can be hacked, but plays down concerns
The auto manufacturer said its Outlander PHEV model has a security loophole that allows hackers to remotely control some of the vehicle's functions via smartphones.
Japan Times
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
Jun 8, 2016
Japan's biggest bank may cease underwriting JGB auctions as negative rates bite
The main lending unit of MUFG says it may quit as one of the 22 primary dealers that underwrite government bond auctions.
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
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.
BUSINESS / Companies
May 17, 2016
Mitsubishi UFJ projects 11% lower profit amid negative rates
Mitsubishi UFJ Financial Group Inc. sees full-year profits falling 11 percent as negative interest rates squeeze loan profitability and the costs of bad loans increase.
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.

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