Toyota President Koji Sato announces the company's earnings results in Tokyo on May 8.
BUSINESS / Companies
May 17, 2024
Japan firms brace for earnings slumps after marking record profits
Companies are concerned over the weak yen, global conflict and inflation hitting personal spending.
The rate of the U.S. dollar against the yen is displayed on an electronic stock board outside a securities firm in Tokyo earlier this month.
BUSINESS / Companies
May 17, 2024
Majority of Japanese firms say weak yen hurts profits: survey
About half of surveyed companies said a yen trading around ¥110 to ¥120 to the dollar would be appropriate.
Rapidus Chairman Tetsuro Higashi speaks during an interview at the company's headquarters in Tokyo on Thursday.
BUSINESS / Companies
May 17, 2024
Rapidus 'last opportunity' to put Japan back on global chip map
Rapidus' chairman says "Japan is more than a decade behind others" in digital technology, adding that "it will require enormous money just to catch up."
Toshiba is cutting up to 4,000 jobs and relocating its head office from Tokyo to Kawasaki as part of its restructuring efforts.
BUSINESS / Companies
May 16, 2024
Toshiba to cut 4,000 jobs in restructuring effort under new ownership
Toshiba delisted in December due to a ¥2 trillion takeover by a consortium led by a private equity firm, capping a decade of scandal and upheaval.
A representative explains the features of the Afeela electric vehicle, a Honda-Sony Mobility concept car, at the CES 2024 trade show, in Las Vegas on Jan. 9. The Honda-Sony alliance plans to deliver its first EV model in the spring of 2026 in North America.
BUSINESS / Companies
May 16, 2024
Honda to double investment in electric vehicles and software
The automaker had planned to invest ¥5 trillion ($32.3 billion) for the 10 years through March 2031, but it now plans to spend ¥10 trillion by that point.
JERA's Hekinan thermal power station in Aichi prefecture. JERA plans to invest in renewable energy and new fuels.
BUSINESS / Companies
May 16, 2024
JERA to invest $32 billion in LNG, renewables and new fuels
JERA plans to phase out inefficient coal-fired thermal power by fiscal year 2030.
Visitors can make their own instant noodles at the Cup Noodles Museum in Yokohama.
BUSINESS / Companies
May 16, 2024
‘Mystery meat’ in cup noodles sells out in Japan as a solo product
For Nissin Food Products, tapping into new trends is a way to respond to consumers in a market that now offers a wide range of choices.

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