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November 22, 2024
 

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PANASONIC

Debt-laden companies in Japan are rapidly growing in number, in some measures even faster than in 1992 after the collapse of its asset price bubble.
BUSINESS / Companies
Oct 22, 2024
Zombie companies may finally succumb to bankruptcy on BOJ hikes
Bankruptcies topped 5,000 cases for the first time in a decade between April and September, a report by Tokyo Shoko Research showed earlier this month.
Toyota Chairman Akio Toyoda
BUSINESS / Companies
Sep 27, 2024
Toyota ends sponsorship with 'political' Olympics
The withdrawal means Olympics logos currently carried by Toyota products will be phased out, and its vehicles will no longer be provided to assist with the event.
Panasonic has supported the Olympic Games with its technologies, product and services, such as the Technics turn-tables at the breaking event in Paris last month.
BUSINESS / Companies
Sep 10, 2024
Panasonic ends 37-year contract as top Olympics sponsor
The Osaka-based company first became an official partner of the Olympic Games in 1987 and expanded its partnership to the Paralympics from 2014.
Panasonic’s 4680 cylindrical lithium-ion cell
BUSINESS / Companies
Sep 9, 2024
Panasonic ready to start making next-gen EV cells at Japan plant
The site will become the main facility for production of Panasonic’s 4680 cylindrical lithium-ion cell with output beginning as soon as a final evaluation is completed.
Yuki Kusumi, CEO of Panasonic Holdings, during an interview in Tokyo last week
BUSINESS / Companies
Jul 16, 2024
Panasonic managers need ‘sense of crisis’ over low profitability, says CEO
The comments are unusually harsh in Japan, and especially at Panasonic, where the notion of lifetime employment was embraced for years.
Turbines at a wind farm in Suttsu, Hokkaido. A renewable energy initiative called on Japan to triple its capacity of clean electricity.
BUSINESS / Economy
Jun 25, 2024
Japan urged to triple renewables capacity by 2035
The world's fourth-largest economy is heavily reliant on fossil fuels
Bidet toilets are the norm in Japan, where more than 80% of homes have one. But their numbers are growing worldwide.
BUSINESS / Companies
Jun 2, 2024
Feeling flush: Japan's high-tech toilets go global
Sales are surging abroad and especially in the United States, led by A-list bidet fans such as Drake, the Kardashians and Alexandria Ocasio-Cortez.
Panasonic Energy's operating profit for the past business year fell short of its forecast due to lower electric vehicle battery production in Japan.
BUSINESS / Companies
May 9, 2024
Panasonic's battery unit misses annual profit estimate
Panasonic Energy faces fierce competition from other Asian battery makers such as China's CATL and South Korea's LG Energy Solution.
Soichiro Watanabe, Panasonic's chief technology officer for EV batteries, says production of a revamped version of the firm's 2170 cells will begin at its manufacturing plant in Nevada as early as this year.
BUSINESS / Companies
Jan 15, 2024
Panasonic to make upgraded electric car battery as early as 2024
Production of a revamped version of the company's 2170 cells will begin at its manufacturing plant in Nevada sometime during 2024 or 2025.
Frontiers players pose with their trophies after winning the Rice Bowl at Tokyo Dome on Wednesday.
MORE SPORTS / Football
Jan 3, 2024
Frontiers roll over Impulse once again for third straight Rice Bowl
As with other recent title showdowns, Panasonic had opportunities throughout the game, but near-misses and questionable decisions saw them come up short.
Japan Times
BUSINESS / Companies
Jul 3, 2023
Panasonic needs four more EV battery plants, executive says
Panasonic Energy CTO Shoichiro Watanabe signaled an openness to potential joint ventures for EV battery production, citing the changing nature of such projects.
Japan Times
BUSINESS
Jun 21, 2023
Mazda eyes EV battery supply partnership with Panasonic Energy
Such an effort on lithium-ion batteries is likely to carry Mazda a step closer to ramping up production of electric vehicles.
Japan Times
BUSINESS / Companies
May 25, 2023
Panasonic says Japanese carmakers are showing interest in its batteries
The Osaka-based company, which supplies batteries to Tesla, said last week that it aims to boost production to 200 gigawatt-hours by March 2031.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Panasonic cuts full-year outlook as costly raw materials weigh
The company faces challenges amid a tricky outlook for global growth as it looks to further build out its energy business.
Japan Times
BUSINESS / Companies
Jan 6, 2023
Panasonic resists decoupling trend to boost China investment
Since the pandemic broke out in 2020, Tokyo has encouraged companies to reduce their dependence on production and supply chains in China.
Japan Times
BUSINESS / Companies
Dec 7, 2022
EV battery-makers face emissions challenge, Panasonic unit head says
Customers are now adding carbon footprints as a measurement when assessing batteries, the senior executive said.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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By Kathryn Wortley

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