thejapantimes, 22 days ago to business

Tesla eliminated almost its entire Supercharger organization, which has built a vast network of public charging stations that virtually every major automaker is in the process of tapping into in the U.S. https://www.japantimes.co.jp/business/2024/05/01/companies/tesla-supercharger-team-automakers/ #business #companies #tesla #electricvehicles #jobs

thejapantimes, 22 days ago to business

E-commerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived. https://www.japantimes.co.jp/business/2024/05/01/companies/amazon-triples-profit-cloud/ #business #companies #amazoncom #aws #ecommerce

thejapantimes, 23 days ago to business

Elliott Management buying up a sizable stake in Sumitomo is the latest in a string of Japanese deals for the firm, and reflects the growing influence of activist investors in the country. https://www.japantimes.co.jp/business/2024/04/30/companies/japan-shareholder-activism/ #business #companies #elliottmanagement #investments #sumitomo #stocks #acquisitions

thejapantimes, 25 days ago to business

Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker's second-biggest market, according to two people with knowledge of the matter. https://www.japantimes.co.jp/business/2024/04/28/companies/elon-musk-china-tesla/ #business #companies #elonmusk #tesla #china #ai

thejapantimes, 25 days ago to business

Japan’s biggest utility, JERA, is looking to invest in low-carbon hydrogen and ammonia projects in the Middle East, in addition to buying their output. https://www.japantimes.co.jp/business/2024/04/28/companies/japan-jera-middle-east-investment/ #business #companies #jera #energy #middleeast #ammonia #hydrogen #carbon #investments

thejapantimes, 26 days ago to business

European Union food imports to the U.K. are about to get more expensive and complicated as the British government implements the Brexit deal. https://www.japantimes.co.jp/business/2024/04/27/companies/brexit-border-checks-begin/ #business #companies #uk #trade #brexit #europe

thejapantimes, 27 days ago to business

Investors are urging Japanese companies to eliminate cross-shareholdings, due to concerns that it weakens corporate governance and promotes anti-competitive behavior. https://www.japantimes.co.jp/business/2024/04/26/companies/investors-call-for-zero-cross-shareholdings/ #business #companies #stocks #investments

thejapantimes, 27 days ago to business

Honda will invest $11 billion to build out its electric vehicle supply chain in Canada as it seeks to tap long-term demand in North America. https://www.japantimes.co.jp/business/2024/04/26/companies/honda-electric-vehicle-investment-canada/ #business #companies #honda #carmakers #electricvehicles #batteries #canada #investments

thejapantimes, 28 days ago to business

Though worldwide sales fell short of Toyota's target of 10.4 million units due to the testing-fraud scandal at subsidiary Daihatsu, the company still exceeded 10 million for the first time. https://www.japantimes.co.jp/business/2024/04/25/companies/toyota-global-sales-10-million/ #business #companies #toyota #cars #carmakers

thejapantimes, 28 days ago to business

Japan’s retail investors are paying closer attention to corporate governance, citing it as a key consideration when investing in stocks. https://www.japantimes.co.jp/business/2024/04/25/companies/japan-corporate-governance/ #business #companies #corporategovernance #stocks #tse #surveys #jdpower #investments

thejapantimes, 28 days ago to business

Nissan and Mazda unveiled new cars tailored for Chinese drivers on Thursday, signalling a fresh push by Japanese automakers to regain ground in the world's largest auto market. https://www.japantimes.co.jp/business/2024/04/25/companies/nissan-mazda-china-new-models/ #business #companies #cars #carmakers #nissan #mazda

thejapantimes, 29 days ago to business

Daihatsu President Masahiro Inoue said he sees South America and Africa as growth markets for compact cars made by the Toyota subsidiary. https://www.japantimes.co.jp/business/2024/04/24/companies/daihatsu-sees-potential-africa-south-america/ #business #companies #daihatsu #carmakers #africa #southamerica #cars

thejapantimes, 29 days ago to business

Press were shown Tuesday a hotel located in Tokyo DisneySea's new "Fantasy Springs" area, which is scheduled to open on June 6. https://www.japantimes.co.jp/business/2024/04/24/companies/disney-sea-new-hotel-opens-in-june/ #business #companies #themeparks #hotels #disneysea #chiba

thejapantimes, 29 days ago to business

China can withstand any new tariffs the world throws at it — even the punitive ones Donald Trump is planning if he wins a second presidential term — because its prices are simply too competitive to resist. https://www.japantimes.co.jp/business/2024/04/24/companies/china-cheap-price-irresistible/ #business #companies #china #trade #us #globaleconomy #tariffs

thejapantimes, 29 days ago to business

Tesla is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales as demand for electric vehicles falters. https://www.japantimes.co.jp/business/2024/04/24/companies/tesla-sales-miss/ #business #companies #tesla #electricvehicles #elonmusk

thejapantimes, 1 month ago to business

Hundreds of Ukrainian businesses making weapons and military equipment have sprung up since Russia's full-scale invasion, but some are struggling to fund production and all are concerned about being targeted in intensifying Russian missile strikes. https://www.japantimes.co.jp/business/2024/04/23/companies/ukraine-arms-sector-hurdles/ #business #companies #russiaukrainewar #russia #ukraine #defense

thejapantimes, 1 month ago to business

The new "V Point" reward point program was launched in Japan Monday through the merger of Culture Convenience Club's T-Point program and Sumitomo Mitsui Financial Group's existing V Point program. https://www.japantimes.co.jp/business/2024/04/23/companies/japan-v-point-program-launch/ #business #companies #vpoint #cultureconvenienceclub #smfg #creditcards

thejapantimes, 1 month ago to business

A huge vacant lot of the former site of the world-famous Tsukiji fish market in central Tokyo will turn into a commercial and residential complex featuring a 50,000-seat stadium, a culinary center and a transportation hub slated to open in the 2030s. https://www.japantimes.co.jp/business/2024/04/22/companies/tsukiji-market-redevelopment/ #business #companies #tokyo #tsukiji #mitsuifudosan #development

thejapantimes, 1 month ago to business

Remote working in Japan has declined with the end of the COVID-19 pandemic, but hybrid work has taken root among many who adopted it, according to a survey. https://www.japantimes.co.jp/business/2024/04/22/companies/remote-work-survey/ #business #companies #jobs #telework #workstylereform

thejapantimes, 1 month ago to business

Canada is on the verge of an agreement with Honda Motor that would see the firm build electric vehicles and their components in the province of Ontario. https://www.japantimes.co.jp/business/2024/04/22/companies/honda-ev-in-canada/ #business #companies #honda #canada #electricvehicles #cars #carmakers

thejapantimes, 1 month ago to business

Major Japanese trading companies are increasing investments in lithium mining projects overseas as the resource-limited country strives for a stable supply of a mineral that's critical for electric vehicles' batteries. https://www.japantimes.co.jp/business/2024/04/21/companies/trading-companies-lithium/ #business #companies #mitsubishi #mitsui #minerals

thejapantimes, 1 month ago to business

Many German autoworkers — booted back to the job market amid stiff global competition — are eyeing a sector that can’t hire fast enough: defense. https://www.japantimes.co.jp/business/2024/04/20/companies/germany-defense-lure-autoworkers/ #business #companies #germany #defense #manufacturing #russiaukrainewar

thejapantimes, 1 month ago to business

Nissan said Friday it had lowered its sales and profit forecasts for the fiscal year that ended on March 31, citing higher costs. https://www.japantimes.co.jp/business/2024/04/19/companies/nissan-cuts-profit-and-sales-forecasts/ #business #companies #nissan #carmakers #china #electricvehicles

thejapantimes, 1 month ago to business

The average daily room rate of hotels in Japan reached its highest level since August 1997 in March, driven by a record number of foreign visitors to the country. https://www.japantimes.co.jp/business/2024/04/19/companies/japan-hotel-prices-rise-near-30-year-high/ #business #companies #hotels #japaneseeconomy #tourism #yen

thejapantimes, 1 month ago to business

Warren Buffett’s Berkshire Hathaway priced ¥263.3 billion ($1.71 billion) of bonds in the firm’s largest yen debt deal since its debut sale in the currency in 2019. https://www.japantimes.co.jp/business/2024/04/18/companies/warren-buffett-yen-deal/ #business #companies #warrenbuffett #berkshirehathaway #investments #bonds #yen