thejapantimes, to business
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Japan's large manufacturers see exchange rate stability as the biggest factor they want out of the central bank's monetary policy, a Bank of Japan survey shows. https://www.japantimes.co.jp/business/2024/05/20/companies/japan-firms-want-boj-to-stabilize-yen/

thejapantimes, to business
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Tesla is offering discounts and service improvements to appease European leasing companies frustrated by price cuts, slow repairs, and high costs, which have hurt fleet values and strained customer relationships. https://www.japantimes.co.jp/business/2024/05/20/companies/tesla-damage-control-discounts-europe/

thejapantimes, to business
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Bain Capital says it plans to bolster its real estate team in Japan, making it the latest global investment firm seeking to capitalize on opportunities in the nation’s property market. https://www.japantimes.co.jp/business/2024/05/20/companies/bain-capital-to-boost-japan-real-estate-team/ #business #companies #baincapital #realestate #investments

thejapantimes, to business
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At loggerheads for years, major Japanese paper producers Hokuetsu and Daio Paper have decided to forge a strategic business partnership. https://www.japantimes.co.jp/business/2024/05/19/companies/japan-paper-firms-tieup/

thejapantimes, to business
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Japan Railways Group companies have begun expanding cargo transportation services using their fleet of Shinkansen bullet trains. https://www.japantimes.co.jp/business/2024/05/19/companies/shinkansen-bullet-train-cargo-services/

thejapantimes, to business
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Nippon Steel Corp. is stepping up efforts to win over U.S. workers and politicians for its $14.1 billion takeover of United States Steel Corp. despite stiff opposition from union leaders and the Biden administration. https://www.japantimes.co.jp/business/2024/05/18/companies/nippon-steel-us-steel-workers-politicians/ #business #companies #us #donaldtrump #joebiden #nipponsteel #ussteel #unions #2024uspresidentialelection #acquisitions #steel

thejapantimes, to business
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Toshiba’s privatization had been expected to lay the groundwork for sweeping changes, and the company duly made them this week in the form of mass job cuts and a new strategy. https://www.japantimes.co.jp/business/2024/05/17/companies/toshiba-restructuring-layoffs/

thejapantimes, to business
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The 7-Eleven convenience store chain this week marked the 50th anniversary of its first outlet opening in Japan, where convenience stores have become essential infrastructure for everyday life. https://www.japantimes.co.jp/business/2024/05/17/companies/7-eleven-50-years-japan/

thejapantimes, to business
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Japan's Rapidus project, which brings together some of the world's biggest companies, is the "last opportunity" to put the country's once-dominant semiconductor sector back on the global map, its chairman warned. https://www.japantimes.co.jp/business/2024/05/17/companies/rapidus-could-revive-japan-semiconductors/

thejapantimes, to business
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A majority of Japanese companies consider the yen’s recent weakness a negative factor for their businesses, according to a recent survey. https://www.japantimes.co.jp/business/2024/05/17/companies/japan-firms-say-weak-yen-hurts-profits/

dgoosens, to random
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Today, I learned about a very interesting project put together by Data For Good and éclaircies: https://www.carbonbombs.org

It explains the concept of #carbonBombs and provides transparent data and visualization about the world's biggest #fossil fuel extraction projects, and their links with #companies and #banks !

It comes with maps, graphs and figures that highlight the 425 fossil fuel projects around the world that will generate more than 1 gigatonne of CO₂ emissions during their lifetime.

thejapantimes, to business
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Despite the combined net profit at listed companies that closed their books in March being estimated to have hit a record high for the third straight year, many firms worry they could now face slumps. https://www.japantimes.co.jp/business/2024/05/17/companies/japan-firms-earnings-slumps/

thejapantimes, to business
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Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates its restructuring under new ownership. https://www.japantimes.co.jp/business/2024/05/16/companies/toshiba-job-cuts/

thejapantimes, to business
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Honda is doubling down on electric vehicles and software despite a recent slowdown in EV sales in several markets. https://www.japantimes.co.jp/business/2024/05/16/companies/honda-strategy/

thejapantimes, to business
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Microsoft's relentless push to be the global leader in artificial intelligence is putting its climate goals in peril. https://www.japantimes.co.jp/business/2024/05/16/companies/microsoft-ai-carbon-emissions/

thejapantimes, to business
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JERA plans to invest ¥5 trillion ($32.4 billion) over the coming decade into renewable energy, new fuels like hydrogen and ammonia, and liquefied natural gas. https://www.japantimes.co.jp/business/2024/05/16/companies/japan-jera-investments/

thejapantimes, to business
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The chunks of "mystery meat" in Nissin Food Products' cup noodles are now available, and selling out, as their own product. https://www.japantimes.co.jp/business/2024/05/16/companies/cup-noodle-mystery-meat/

thejapantimes, to business
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The day before Elon Musk fired virtually all of Tesla’s electric vehicle charging division last month, Supercharger chief Rebecca Tinucci went to meet with the billionaire businessman about the network’s future. The meeting could not have gone worse. https://www.japantimes.co.jp/business/2024/05/16/companies/elon-musk-firings-tesla-supercharger/

thejapantimes, to business
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The sale of hybrid vehicles are giving Japanese automakers cash that can later be reinvested into the production of EVs. https://www.japantimes.co.jp/business/2024/05/16/companies/japan-carmakers-hybrids/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Amazon is the second-largest private-sector employer in the U.S. behind Walmart. As such, the company plays a leading role in setting pay and working conditions for a sector transformed by e-commerce. https://www.japantimes.co.jp/business/2024/05/16/companies/amazon-workers-struggle-food-rent/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Sharp is stopping production of large liquid crystal display television panels at its factory in the city of Sakai, Osaka Prefecture, the only production site for such TVs in Japan. https://www.japantimes.co.jp/business/2024/05/15/companies/sharp-scales-back-lcd/ #business #companies #sharp #osaka #lcd #television

thejapantimes, to business
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Japan's biggest banks all forecast record profits for the year started in April, after the country’s central bank ended its policy of negative interest rates. https://www.japantimes.co.jp/business/2024/05/15/companies/japan-megabanks-forecast-record-profits/ #business #companies #banks #boj #negativeinterestrates #mufg #mizuho #sumitomomitsui

thejapantimes, to business
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Mystays Hotel Management in Japan has decided the only way to deal with the country's severe labor shortage is to double salaries to unprecedented levels. https://www.japantimes.co.jp/business/2024/05/15/companies/a-japan-hotel-doubles-pay-to-fight-labor-shortage/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

According to the Swedish Games Industry, every fourth person in the world has played a game made in Sweden. With hits like "Minecraft", "Valheim", and "Raft" the country is producing many hits with small or one-man teams. https://www.japantimes.co.jp/business/2024/05/15/companies/sweden-small-game-studios/ #business #companies #minecraft #videogames #sweden

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Honda is scaling down its full-time production workforce in China, with roughly 1,700 employees having agreed to leave thus far. https://www.japantimes.co.jp/business/2024/05/15/companies/honda-cut-china-workforce/

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