Page 26 - Japan

Japanese group draws up plans for Tesla to invest in Nissan: Report

Some analysts, however, are doubtful of Tesla's interest in acquiring U.S. plants, citing its ample capacity at existing factories and first decline in yearly deliveries in 2024

Nearly 90% of Japanese firms say Trump's policies hurt business: Survey

Around 72 per cent of those surveyed cited Trump's trade policies, including tariffs, as a key issue, while 26 per cent blamed worsening US-China relations, the survey found

Suzuki aims to boost sales by a third by 2030, invest heavily in India

The company aims to boost manufacturing capacity there to meet expected local demand while expanding India's role as an exports hub

Japanese electronics firm Murata to set up manufacturing unit in Tamil Nadu

This comes after Murata president Norio Nakajima stated that the company is analysing potential investment scenarios in India

Japan raises concerns over auto tariffs with US as Trump threatens 25% hike

It's not clear if Japan is also seeking an exemption from the auto tariffs as Trade Minister Yoji Muto didn't respond directly on Tuesday when asked about it

Man who attacked Japan's former PM Fumio Kishida sentenced to 10 years

A Japanese court on Wednesday convicted a man who threw a homemade pipe bomb at Japan's former Prime Minister Fumio Kishida at a 2023 campaign event, sentencing him to 10 years in prison, according to local media reports. Ryuji Kimura, 25, was charged with attempted murder for the April 15, 2023 attack on Kishida at a small fishing port in the western city of Wakayama, as well as four other charges including violations of laws on explosives and other weapons. In the ruling, the Wakayama District Court sentenced Kimura to 10 years in prison, according to Japan's public television and other media, without specifying which of the five charges he was found guilty of. The court did not immediately confirm the ruling by phone. Kimura, at an opening session of the trial in early February, pleaded not guilty to attempted murder, saying he didn't intend to kill Kishida. The then-prime minister was unhurt, but two people sustained minor injuries. Kimura was arrested on the spot. The attack

Yen rallies on upbeat growth data, dollar steady around two-month low

This has cemented the case for more rate hikes from the Bank of Japan this year. Markets are now pricing in roughly another 37 basis points worth of increases by December

Japan's economy grows more than expected on strong exports, consumption

Japan's economy grew at a better-than-expected annual rate of 2.8 per cent in October-December, underlined by steady exports and moderate consumption. On a quarter-to-quarter basis, the world's fourth largest economy grew 0.7 per cent for its third straight quarter of growth, the Cabinet Office reported on Monday in its preliminary data. For 2024, the Japanese economy eked out 0.1 per cent growth in seasonally adjusted real GDP, or gross domestic product, which measures the value of a nation's product and service. That's the fourth straight year of expansion. Private consumption grew at an annual rate of 0.5 per cent during the three months through December, holding up while losing momentum. Exports jumped 4.3 per cent, and capital investment increased 0.5 per cent. The positive data sent Japan's benchmark Nikkei 225 higher, as well as other Asian markets. Some analysts think the anticipation of President Donald Trump's tariffs may have lifted trade. Unlike the US and some other

Sony raises profit forecast as strong gaming business drive growth

Japanese electronics and entertainment company Sony reported a 3 per cent gain in October-December profit Thursday, and raised its full-year forecast. Quarterly profit totaled 373.7 billion Yen (USD 2.4 billion), up from 364 billion Yen. Quarterly sales edged up 18 per cent to 4.4 trillion Yen (USD 29 billion), boosted by solid results in its financial services, games and music operations. The Tokyo-based maker of the PlayStation video game machine reported a 21 per cent gain in April-December profit at 943.9 billion yen (USD 6 billion), up from 781.6 billion. Nine-month sales edged up 8 per cent to 10.3 trillion Yen (USD 67 billion). Sony Corp revised its full year profit projection upward to 1.08 trillion Yen (USD 7 billion) from the 980 billion Yen (USD 6.3 billion) annual profit forecast it gave in November. The latest projection is also an 11 per cent improvement over the profit it recorded the previous fiscal year. The revision was caused by a favourable currency exchange

Buyout firms compete to acquire cybersecurity company Trend Micro: Report

In November, Trend Micro said third-quarter net sales rose 6 per cent to 68.1 billion yen for a 42 per cent jump in operating income to 14.8 billion yen, as its operating margin rose to 24 per cent

Japanese firms commit Rs 7,500 cr in investments at Invest Karnataka 2025

Leading Japanese companies have pledged investments across multiple sectors, with a strong focus on automobile manufacturing, industrial automation, and advanced technology

Around 250 Japan CEOs to visit UP to explore investment opportunities

Deputy Governor of Japan's Yamanashi Prefecture, Ko Osada, on Wednesday paid a courtesy visit to Uttar Pradesh Chief Minister Yogi Adityanath at his official residence and discussed investment opportunities in the state among other issues, according to an official statement issued here. Ko Osada said, "Around 250 CEOs from Japan will visit Uttar Pradesh to explore potential investment opportunities. The Japanese delegation will assess the state's investment prospects, driven by its strong law and order, good governance and rapid economic growth. "This initiative will also create significant employment opportunities for the youth of Uttar Pradesh," it said. Ko Osada emphasised his commitment to strengthening friendly relations between Yamanashi and Uttar Pradesh. A key focus of the discussions was green hydrogen, the statement said. It was felt that a pact between UP and Japan's Yamanashi Prefecture would drive green hydrogen initiatives, including a centre of excellence, with Japa

Booze breaks & hangover leave: Japan's IT firm is redefining work culture

Trust Ring Co, an Osaka-based IT company, believes that a little fun can go a long way in keeping employees happy

Japan's Softbank Group likely to make $1.5 billion quarterly profit

The profit of 234 billion yen is based on the average of four analyst estimates compiled by LSEG, and compares with a gain of 950 billion yen in the same period last year

North Korea's Kim Jong slams US-South Korea-Japan security partnership

North Korean leader Kim Jong Un said an elevated US security partnership with South Korea and Japan poses a grave threat to his country and vowed to further bolster his nuclear weapons program, state media reported Sunday. Kim has previously made similar warnings, but his latest statement implies again that the North Korean leader won't likely embrace President Donald Trump's overture to meet him and revive diplomacy anytime soon. In a speech marking the 77th founding anniversary of the Korean People's Army on Saturday, Kim said the US-Japan-South Korea trilateral security partnership established under a US plot to form a NATO-like regional military bloc is inviting military imbalance on the Korean Peninsula and raising a grave challenge to the security environment of our state, according to the official Korean Central News Agency. Referring to a series of new plans for rapidly bolstering all deterrence including nuclear forces, he clarified once again the unshakable policy of more

Trump hails security partnership with Japan, announces $1 bn defence sales

Japan has been increasing its defence spending, and Donald Trump expressed his satisfaction with Japan's plans

Donald Trump meets Japan's PM Shigeru Ishiba as China trade tensions loom

Trump put a 10 per cent tariff on all imports from China in what he called an opening salvo in a clash between the world's two largest economies

Motherson partners with Japan's Sanko for sustainable packaging solutions

Auto components major Motherson on Friday said it has entered into a joint venture with Japan's Sanko, a player in material handling sector to provide sustainable packaging solutions in India and Europe. The joint venture (JV) will contribute to greater efficiencies in material handling with cost reduction in overall logistics spending, Motherson said in a statement. This partnership with Sanko is a strategic, synergistic diversification for the group, Motherson Chairman Vivek Chaand Sehgal said. "We believe that reimagining packaging as an engineered solution versus a simple commodity can bring immense logistics, cost, and value efficiencies to supply chains," he said. More importantly, Sehgal said, "We see this collaboration as another way to support our customers in achieving their sustainability goals." Sanko President Toshihiko Goto said, "We believe we can contribute more to Motherson's and our valuable customers by combining Motherson's strong global presence and our long .

Donald Trump meets US Steel CEO to discuss deal with Nippon Steel

A $14.9 billion bid for US Steel by Nippon Steel was blocked last month by former President Joe Biden

Panasonic raises battery unit's outlook, pursues group management reform

The company will also seek to improve group profitability by more than 300 billion yen ($1.93 billion) and achieve a return on equity of over 10 per cent by the fiscal year ending March 2029