Tag - mitsubishi

 
 

MITSUBISHI

Japan Times
BUSINESS / Companies
Feb 7, 2023
Mitsubishi Heavy pulls plug on long-troubled SpaceJet project
The firm has pointed to a lack of resources and unclear market prospects as some of the major reasons for discontinuing the project.
Japan Times
BUSINESS
Feb 6, 2023
Renault and Nissan agree on landmark deal to reshape alliance
Renault will cut its holding in Nissan to 15% from 43% to re-balance lopsided capital ties, resolving a cause of friction that slowed cooperation at a crucial time.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Major Japan trading house eases rules on side jobs to retain new generation
Trading houses hold an outsized influence in Japan due to their diversified business interests, and are favorites among university graduates due to their high salaries and job security.
Japan Times
BUSINESS
Dec 9, 2022
Electric minivehicle from Nissan and Mitsubishi named Japan Car of the Year
The micro EV, sold from June as the Sakura from Nissan and the eK X EV from Mitsubishi Motors, marked the first time for a minivehicle to win the award.
Japan Times
JAPAN
Nov 30, 2022
Mitsubishi Materials pays $18 million to Chinese WWII laborers
The 1,290 recipients make up about one-third of the total 3,765 victims whom Mitsubishi Materials offered to pay compensation to under a landmark settlement agreement it concluded in 2016.
Japan Times
BUSINESS / Companies
Nov 8, 2022
Nissan and Mitsubishi Motors may invest in Renault's new EV unit, French firm says
Renault also said it will merge its gasoline engine vehicle business with China's auto giant Geely through a joint venture.
Japan Times
BUSINESS
Nov 5, 2022
Nissan planned to join Mitsubishi group in 2019 to escape Renault's sway
The plan would have seen Mitsubishi acquire up to 22% of Renault's 43% stake in Nissan, but talks came to an abrupt halt following the resignation of Nissan's president at the time.
Japan Times
BUSINESS / Companies
Oct 23, 2022
Technology-sharing a sticking point as Renault, Nissan hash out reset, sources say
Renault and Nissan said this month they were in talks about the future of their alliance, including Nissan potentially investing in an electric vehicle business being spun out of Renault.
Japan Times
BUSINESS / Companies
Sep 30, 2022
Mitsubishi Heavy and Hitachi to develop new nuclear reactors for use in 2030s
The plans come as the government announced in August that it would promote the construction of next-generation nuclear power plants to ensure a stable electricity supply.
Japan Times
JAPAN / FOCUS
Sep 25, 2022
Between a rock and a hard place: Why Japan’s defense industry is struggling
Japanese firms are reliant on the Defense Ministry and SDF for contracts, and without a change, the very viability of the domestic industry could be called into question.
Japan Times
JAPAN / Crime & Legal
Sep 2, 2022
South Korea's top envoy meets plaintiffs in Japan wartime labor cases
There is speculation that South Korea's top court may soon finalize a court order to liquidate assets seized from Mitsubishi Heavy Industries over forced labor.
JAPAN
Sep 1, 2022
Japan to resume nuclear fuel production
The country's three nuclear fuel producers have suspended production since December 2018 as it took time to comply with new standards set by the Nuclear Regulation Authority.
Japan Times
BUSINESS
Aug 31, 2022
Russia approves Japan stakes in Sakhalin-2 energy project
Two Japanese trading houses will maintain stakes in the Russian oil and gas project despite Tokyo joining sanctions on Moscow over the war in Ukraine.
Japan Times
BUSINESS / Companies
Aug 25, 2022
Mitsubishi to apply for stake in new Sakhalin-2 LNG operator
The move comes after the Japanese government asked Mitsubishi to 'think positively' about joining the new entity as the Sakhalin-2 is a key source of stable energy supplies for Japan.
Japan Times
JAPAN / Politics
Aug 17, 2022
South Korea's Yoon says 'concession and understanding' key to solving issues with Japan
Yoon's remarks come amid speculation that South Korea's top court may soon finalize a court decision ordering the liquidation of Japanese corporate assets over wartime labor.
Japan Times
BUSINESS
Aug 6, 2022
Russia bans investors from 'unfriendly countries' from selling banking and key energy stakes
Western countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late February.
Japan Times
BUSINESS
Aug 5, 2022
Japan government asks Sakhalin-2 stakeholders to 'think positively' about new entity
State gas company Gazprom will receive just over 50% of the entity replacing Sakhalin Energy, the current operator.
Japan Times
BUSINESS / Companies
Aug 4, 2022
Russia's Gazprom to get 50% of Sakhalin-2 LNG project replacement entity
Mitsui and Mitsubishi, which hold a combined 22.5% stake in the project, said separately that they are examining details of the new entity.
Japan Times
BUSINESS / Companies
Aug 3, 2022
Mitsui and Mitsubishi cut value of stakes in Sakhalin-2 energy project
Mitsui cut its investment value by u00a5136.6 billion and Mitsubishi by u00a581.1 billion after Russian President Vladimir Putin signed a decree in late June to seize control of the project.
Japan Times
BUSINESS / Companies
Jul 21, 2022
Fate of Japan's interests in Sakhalin-2 project remains uncertain
The government hopes to help traders Mitsui & Co. and Mitsubishi Corp. keep their stakes after Moscow decided to effectively seize the project.

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