South Korea bans sales of 2 Nissan models
NHK -- Jan 04
South Korea's Environment Ministry has banned sales of 2 Nissan Motor models after the company submitted falsified emissions data.

The ministry said on Monday that it canceled the certification of the Infinity Q50 and Qashqai models.

The ministry fined Nissan's South Korean arm about 2.65 million dollars. It also filed a complaint with prosecutors.

Nissan Korea has already admitted using fabricated emissions figures. It says that it respects the ministry's decision and will sincerely accept an investigation by prosecutors if requested.

News source: NHK
Feb 23
Rakuten shares received a boost Wednesday following news of a stock buyback plan, but the rally's staying power is in question, as the Japanese company's key operations sputter including the mainstay e-commerce business in its home country. (Nikkei)
Feb 22
Businesses leaders and government officials gathered in Tokyo on Tuesday to promote a labor initiative known as "Premium Friday." (NHK)
Feb 22
Embattled Japanese electronics maker Toshiba Corp. is selling its stake in a medical equipment leasing company to Canon Inc. for ¥31.4 billion ($277 million). (Japan Times)
Feb 21
Japan's Shiseido plans to make English the official company language at its head offices around October next year, a step necessitated by the growth into a global enterprise. (Nikkei)
Feb 19
Japan's SoftBank Group Corp is prepared to give up control of Sprint Corp to Deutsche Telekom AG's T-Mobile US Inc to clinch a merger of the two U.S. wireless carriers, according to people familiar with the matter. (Reuters)
Feb 16
Kanebo Cosmetics Inc. and 17 women, who were seeking a total of around 370 million yen ($3.2 million) in damages for developing blotches after using the company's skin-whitening products, reached a settlement Wednesday at the Yokohama District Court. (Kyodo)
Feb 16
Products bearing the image of "Kumamon," the black bear mascot of quake-hit Kumamoto Prefecture, racked up sales of at least 128 billion yen ($1.1 billion) in 2016, the prefectural government said Wednesday. (Japan Today)
Feb 16
The $3.3 billion acquisition by SoftBank Group Corp, the Japanese telecommunications, internet and solar energy giant, of Fortress Investment Group marks tycoon Masayoshi Son's latest step in building an investment empire. (Japan Today)
Feb 15
Tax-free store operator Laox, which once enjoyed record earnings from the phenomenon known as bakugai, or "explosive buying" by visitors to Japan, is struggling to keep up with consumers' shifting spending habits. (Nikkei)
Feb 14
Toshiba Corporation says its chairman will resign on Wednesday to take responsibility for the huge losses from its nuclear power business in the United States. (NHK)