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July 17, 2024
 

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MITSUBISHI

Japan Times
BUSINESS / Companies
Jul 2, 2017
Mitsubishi Aircraft sinks into negative net worth on spiraling MRJ costs
Mitsubishi Aircraft reports it has a negative net worth of u00a551 billion after being hammered by repeated delays to the Mitsubishi Regional Jet project.
Japan Times
BUSINESS
Jun 30, 2017
Japan's mega-banks vie for top role as backers of clean energy
Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. are in a neck-and-neck race to be the biggest lead arrangers of lending to the renewable energy industry in the first half of the year, highlighting the more active financing role for Japanese banks in clean energy.
Japan Times
BUSINESS / Companies
Jun 21, 2017
Mitsubishi Fuso see recovery in commercial vehicle market
Mitsubishi Fuso Truck & Bus Corp. saw its sales in Indonesia jump by nearly a quarter in the first five months of 2017, as the local commercial vehicle market continued to recover from last year's slump.
Japan Times
BUSINESS / Companies
Jun 16, 2017
MUFG's drastic staff restructure set to cut 10,000 positions in 10 years
Japan's biggest bank is set to undergo the most dramatic reduction in head count since it was formed after the nation's banking crisis shook the industry almost 20 years ago.
Japan Times
BUSINESS / Companies
May 25, 2017
Bank of Tokyo-Mitsubishi UFJ names deputy president as new chief
The Bank of Tokyo-Mitsubishi UFJ said Deputy President Kanetsugu Mike will be promoted to president on June 14, replacing Takashi Oyamada who assumed the position just over a year ago.
Japan Times
JAPAN / Politics
May 23, 2017
U.S. and Japanese firms collaborating on new missile defense radar, sources say
Raytheon and Lockheed Martin are working with Japanese partners on rival projects, government and defense industry sources in Tokyo said.
BUSINESS
May 16, 2017
2016 profits off for four big Japan banks amid low rates and Toshiba woes
Four of Japan's five major banking groups posted lower profits for the year through March 31, due largely to the worsening business performance of major borrower Toshiba Corp. and extremely low interest rates, according to earnings reports.
Japan Times
BUSINESS / Companies
May 9, 2017
Mitsubishi Motors posts ¥198.52 billion net loss for fiscal 2016, but forecasts recovery under Nissan
Mitsubishi Motors Corp. on Tuesday reported a group net loss of ¥198.52 billion ($1.75 billion) for the business year through March 2017 amid expanding costs related to a fuel economy data manipulation scandal.
Japan Times
BUSINESS / Companies
Apr 26, 2017
Seeking synergy with Nissan, Mitsubishi Motors opens plant in Indonesia
Mitsubishi Motors Corp. opened an assembly plant Tuesday in Indonesia capable of producing 160,000 vehicles a year, as it strives to almost double its share of Southeast Asia's largest car market to 10 percent within three years.
Japan Times
BUSINESS
Apr 26, 2017
Automated factories can't solve Japan's productivity paradox
Mitsubishi Heavy Industries has cut the number of workers on its turbocharger production lines west of Tokyo by more than 80 percent, as manufacturers from carmakers to electronics producers push further into automation.
BUSINESS
Apr 20, 2017
Mitsubishi Aircraft targets Paris Air Show to debut regional jet
Mitsubishi Aircraft is looking to display its new regional aircraft at the Paris Air Show in June as it seeks more overseas orders for Japan's first passenger jet after delaying the plane's debut five times.
Japan Times
BUSINESS
Mar 15, 2017
Workers at top companies get meager 2017 pay hikes in Abenomics setback
Major firms offered the lowest base-pay hike in four years, a setback for Prime Minister Shinzo Abe's campaign dubbed “Abenomics” to spur the long-sluggish economy.
Japan Times
BUSINESS
Mar 3, 2017
Bill to toughen punishment for fuel-data falsification gets OK from government
Following cases of false reporting by domestic automakers, the government Friday signed off on a bill to toughen the punishment for fuel-data falsification by automakers, including a drastic increase in fines.
COMMENTARY / Japan
Feb 24, 2017
Lessons Japan Inc. must learn from Ghosn
The CEO who revived an ailing Nissan showed an insular, change-averse Japan Inc. that there is another way.
Rugby
Jan 28, 2017
Kintetsu, Coca-Cola, Toyota Industries remain in Top League
The makeup of next season's Top League was determined Saturday following the final round of promotion playoffs, with the three incumbents all keeping their place in the top flight with wins over the second- to fourth-ranked regional teams.
BUSINESS / Companies
Jan 27, 2017
Mitsubishi Motors hit by ¥485 million fine over bogus fuel-efficiency data
The Consumer Affairs Agency has ordered Mitsubishi Motors Corp. to pay a fine of around ¥485 million ($4.2 million) for making false claims in sales literature about the fuel efficiency of its cars, it was announced Friday.
Japan Times
BUSINESS
Jan 27, 2017
Mitsubishi Motors faces ¥480 million fine over false fuel economy claims
Mitsubishi Motors Corp. is likely to be fined about ¥480 million ($4.2 million) for making false claims in sales literature about the fuel efficiency of its cars, a government source has said.
Japan Times
JAPAN
Jan 24, 2017
Japan's Defense Ministry successfully launches first communications satellite
The Defense Ministry's first communications satellite is launched as part of a program aimed at upgrading the Self-Defense Forces' ability to better cope with security challenges.
Japan Times
BUSINESS
Jan 23, 2017
Fifth delay announced for Japan's MRJ jet, raising concerns about new sales
Mitsubishi Heavy Industries Ltd. puts off handing over its passenger jet and announces a 30 percent jump in development costs.
Japan Times
BUSINESS / Companies
Jan 23, 2017
Mitsubishi chief sees opportunity if 'very smart person' Trump keeps infrastructure spending pledge
U.S. President Donald Trump's promise to create jobs by spending $1 trillion over 10 years upgrading infrastructure from airports to schools is an opportunity for Mitsubishi Heavy Industries Ltd., the conglomerate's chairman said.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

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Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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