Tag - mitsubishi

 
 

MITSUBISHI

Mitsubishi Electric's TOKUI Fast Accurate Synchronized Motion Testing Robot solves a Rubik's Cube
JAPAN
May 27, 2024
Japanese robot solves Rubik's Cube in record time
Guinness World Records recognized the 0.305-second time achieved by Mitsubishi Electric's machine as a new world best, beating the previous record of 0.38 seconds.
Lithium powder from recycled batteries in Nevada in March
BUSINESS / Companies
Apr 21, 2024
Japanese trading firms look abroad to diversify lithium supply
The resource-limited country is aiming to create a stable supply of the mineral, which is critical for producing batteries for electric vehicles.
Warren Buffett
BUSINESS
Feb 25, 2024
Buffett ups his holdings of Japanese trading houses to about 9%
Berkshire first announced its stakes in the trading houses in 2020 with the intention of holding them long-term and increasing them to as much as 9.9%.
Telecoms giant KDDI plans with Mitsubishi to take convenience store operator Lawson private could help it as it currently stands behind FamilyMart and Seven & I Holdings in a three-horse race.
COMMENTARY / Japan
Feb 14, 2024
There are clouds on the horizon in Japan’s 'conbini-land'
Industry consolidation has pushed minor players out of the conbini game.
The first unit of H3 rocket carrying the Earth observation satellite Daichi-3 is launched from the Tanegashima Space Center in Kagoshima Prefecture in March last year.
JAPAN / Science & Health
Feb 12, 2024
JAXA to give second shot at H3 rocket launch Thursday
During last year's launch, the second-stage engine of the first unit failed to ignite due to an electrical problem.
Mitsubishi President Katsuya Nakanishi (left), Lawson President Sadanobu Takemasu (center) and KDDI President Makoto Takahashi wear Lawson uniforms during a news conference in Tokyo on Tuesday to announce the carrier's plan to raise its stake in the convenience chain.
BUSINESS / Companies
Feb 7, 2024
KDDI to raise stake in Lawson to jointly run convenience chain
Japan's second-largest mobile carrier currently holds 2.1% of shares but will invest about ¥500 billion to increase its stake through a tender offer.
Warren Buffett's Berkshire Hathaway is one of the largest shareholders in all five of Japan's biggest trading companies.
BUSINESS / Companies
Jan 30, 2024
Buffett reversal risk pushes Japan firms to diversify investors
Berkshire is one of the largest shareholders in all five of Japan’s biggest trading companies.
Mitsubishi UFJ Morgan Stanley Securities sold Additional Tier 1 notes from Credit Suisse more aggressively than any other firm in Japan, with its sales making up about two-thirds of the notes taken up, which totaled ¥140 billion in value.
BUSINESS / Companies
Dec 26, 2023
MUFJ securities unit sued again over Credit Suisse AT1 bond losses
Mitsubishi UFJ Morgan Stanley Securities sold more than two-thirds of the Additional Tier 1 notes taken up in Japan.
Toyota dealer Hiroshima Toyopet has installed air conditioners at all 30 of its maintenance facilities in Hiroshima Prefecture to ensure mechanics can work comfortably during the summer.
BUSINESS / Companies / Regional Voices: Hiroshima
Dec 25, 2023
Hiroshima car dealers seek ways to attract mechanics
Since many people use their cars as a daily means of transportation, it is essential to secure a stable pool of mechanics.
Mitsubishi UFJ Trust and Banking is set to buy Australian data manager Link Administration Holdings for 1.11 billion Australian dollars.
BUSINESS / Companies
Dec 18, 2023
MUFG to buy Australia’s Link in ¥106 billion deal
The unit of Japan’s largest bank, Mitsubishi UFJ Financial Group, will pay AU$2.10 per share, a 23.5% premium to Friday’s closing stock price.
Nissan Motor Sakura electric vehicles (left and center), and a Mitsubishi Motors eK X electric vehicle on display during their release ceremony at the Mitsubishi Motors Mizushima plant in Kurashiki, Okayama Prefecture, in May 2022.
BUSINESS / Companies
Oct 24, 2023
Japan's bestselling EV isn’t a Tesla but a $13,000 minicar
A jointly developed minicar sold as the Nissan Motors Sakura and Mitsubishi Motors eK X accounts for roughly half of all EV sales in Japan.
A deal between Mitsubishi Electric and Australia’s Department of Defence taps the company’s know-how in electronic and optical systems.
JAPAN / Politics
Oct 20, 2023
In industry first, Mitsubishi Electric secures defense deal with Australia
The deal taps the company’s know-how in electronic and optical systems.
Honda Motor CEO Toshihiro Mibe
BUSINESS / Companies
Oct 12, 2023
Honda and Mitsubishi Corp. sign pact to optimize EV battery use
The deal will eventually pay off in lower electricity bills for customers and better use of battery material, the companies said.
Mitsubishi Chemical’s plan for a new semiconductor materials plant comes as the government makes investments in the domestic sector.
BUSINESS
Sep 25, 2023
Mitsubishi Chemical to open new semiconductor materials plant
Details on when or where it will be built or how much it will cost have not been decided, but Fukuoka Prefecture is reportedly a candidate location.
An H-IIA rocket, carrying the Smart Lander for Investigating Moon (SLIM) and X-Ray Imaging and Spectroscopy Mission (XRISM), lifts off on Thursday morning from Tanegashima Space Center in Kagoshima Prefecture.
JAPAN / Science & Health / ANALYSIS
Sep 7, 2023
In new space race, Japan ups ante with launch of two key missions
The Smart Lander for Investigating Moon and X-Ray Imaging and Spectroscopy Mission were both launched Thursday following several postponements.
An H2A rocket at Tanegashima Space Center in Kagoshima Prefecture on Monday
JAPAN / Science & Health
Aug 28, 2023
Japan suspends H2A rocket launch for moonshot due to strong winds
Unsuitable wind conditions in the upper atmosphere forced a suspension less than 30 minutes before the planned liftoff.
Japan Times
BUSINESS
Jul 14, 2023
Mitsubishi Motors suspends China business after sluggish sales
The automaker said that China’s transition away from gasoline cars to cleaner vehicles had hit its existing line up and seen sales fall far below expectations.
Japan Times
BUSINESS
Jul 12, 2023
Mitsui Fudosan displaces Mitsubishi Estate as Japan's top real estate developer
Recovering tourism, after the lifting of pandemic controls, and work-from-home habits have altered investors’ views of hotels and offices, in which Mitsui is more heavily invested.
Japan Times
BUSINESS
May 10, 2023
Mitsubishi Motors to stick with China despite poor sales
The automaker’s retail sales in China dropped to 32,000 units in the third quarter, and those numbers are expected to decline again for the quarter that ended in March.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?