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July 28, 2024
 

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NISSAN

Japan Times
BUSINESS / Companies
May 22, 2020
Nissan considering more than 20,000 job cuts as virus hits sales
Japan's third-largest automaker by volume is considering labor reduction in Europe and some emerging countries, sources said.
Japan Times
JAPAN / Crime & Legal
May 21, 2020
Two men who allegedly helped Carlos Ghosn flee Japan arrested in U.S.
A former U.S. Green Beret and his son, who are wanted by Japanese authorities, were arrested by U.S. marshals in Massachusetts on Wednesday.
Japan Times
BUSINESS / Companies
May 15, 2020
Nissan to cut production capacity by 20% as coronavirus hits sales
Late last month, the automaker projected posting a group net loss of u00a585 billion to u00a595 billion.
Japan Times
BUSINESS
May 5, 2020
Nissan to retrench further in new plan to focus on U.S., Japan and China
The carmaker will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction.
Japan Times
BUSINESS / Companies
May 5, 2020
SUVs parked out at sea reveal scope of U.S. auto market glut
Even as ports struggle to cope with excess auto inventory, they're preparing for an even worse outcome — deliveries stopping altogether as the recession digs deeper.
Japan Times
BUSINESS
May 2, 2020
April new car sales sag 28.6% in Japan as coronavirus saps demand
It was the third-lowest showing for April since 1968, according to the Japan Automobile Dealers Association.
Japan Times
BUSINESS / Companies
May 1, 2020
Nissan shakes off virus woes with April rebound in China, sources say
The data reinforces growing optimism that the world's biggest car market is stabilizing fast as businesses return to normal in China.
Japan Times
BUSINESS / Companies
Apr 28, 2020
Nissan expects fiscal 2019 net loss due to coronavirus impact
Nissan will delay the release of its full-year earnings results to May 28 from the middle of May.
Japan Times
BUSINESS / Companies
Apr 28, 2020
Nissan to slash May car production by 78% vs. last year
The automaker forecasts a dramatic drop in sales as the coronavirus pandemic adds to existing issues of declining sales and weak margins.
Japan Times
ASIA PACIFIC / Crime & Legal
Apr 25, 2020
Fugitive Carlos Ghosn promises new revelations in upcoming book
The Nissan executive-turned-fugitive who escaped Japan to avoid trial for financial crimes, promised new revelations into collusion between the carmaker, prosecutors and the government.
Japan Times
BUSINESS / Companies
Apr 9, 2020
Japanese carmakers plan to put 20,000 on temporary leave with partial pay to deal with virus
Around 20,000 domestic workers at three of the nation's biggest carmakers will be put on temporary leave because of the output suspensions caused by the coronavirus pandemic, company sources say.
Japan Times
BUSINESS / Companies
Apr 7, 2020
Nissan eyes suspending 10,000 jobs abroad over coronavirus outbreak
Nissan Motor Co. is looking to cut over 10,000 jobs temporarily in the United States and Europe, as local production remains suspended amid the coronavirus outbreak, sources close to the matter said Tuesday.
Japan Times
BUSINESS / Companies
Apr 2, 2020
Nissan's plants in U.S. to be shut through late April to limit spread of COVID-19
Nissan Motor Co. said Thursday it would extend its factory suspensions in the United States through late April to help reduce the spread of COVID-19 and protect employees.
Japan Times
BUSINESS / Companies
Mar 18, 2020
Nissan to pull out of local production in Indonesia, source says
Nissan Motor Co. will pull out of local production in Indonesia due to falling vehicle sales in the country, a source close to the matter said Wednesday.
Japan Times
BUSINESS
Mar 17, 2020
Now made in Mexico: Japan auto suppliers shift China production after virus shock
In the Chinese coastal province of Jiangsu, where supply chains have been severed by the coronavirus outbreak, one auto supplier has already shifted production of parts for Mazda Motor Corp. to a site 13,000 kilometers away, in central Mexico's Guanajuato state.
Japan Times
BUSINESS / Companies
Mar 11, 2020
Jittery over COVID-19, Toyota and other Japan firms shun base pay hikes
Major companies were reluctant to offer base pay hikes during annual wage talks, with Toyota Motor forgoing its uniform monthly pay-scale increase for the first time since 2013.
Japan Times
JAPAN / Crime & Legal
Mar 6, 2020
Trial of Nissan ex-director Greg Kelly faces postponement to May
The first hearing in the financial misconduct trial of Nissan Motor Co. and former director Greg Kelly might be postponed to May or later, a source close to the matter said Friday.
Japan Times
BUSINESS / Companies
Mar 4, 2020
Nissan faces more pain before gain as business hit further by coronavirus, new CEO says
CEO Makoto Uchida promised to unveil a turnaround plan in May, on top of cutting more than 12,500 jobs amid decade-low profits and management turmoil caused by Carlos Ghosn's 2018 arrest.
Japan Times
BUSINESS / Companies
Feb 29, 2020
Nissan slapped with ¥2.4 billion fine over Ghosn compensation scandal
The fine is the second-highest imposed by the Financial Services Agency after the u00a57.37 billion fine on Toshiba Corp. in 2015.
Japan Times
BUSINESS
Feb 28, 2020
Japanese automakers' output in China tumbles in January
Automobile production by major Japanese makers in China plunged in January from a year earlier, data from the companies showed Thursday.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

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Longform

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As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives

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