Japanese firms are shocked by Donald Trump's Twitter bomb dropped on Toyota Motor Corp. over a planned factory in Mexico, as their concerns about an attack by the U.S. president-elect have become reality.
Trump on Thursday threatened to impose a "big border tax" on Toyota if it builds the factory to manufacture Corolla sedans. Japanese companies doing business in North America are braced for the possibility of becoming Trump's next target.
Trump's tweet was apparently a response to a remark by Toyota President Akio Toyoda that the company will not change the Mexican factory plan.
Following the incoming president's online rage, Toyota published a statement Friday that it has "10 manufacturing facilities, 1,500 dealerships and 136,000 employees" in the United States and that it "looks forward to collaborating with the Trump administration."
Though "Super Mario Run" has lifted Nintendo's profits less than many had hoped, Mario remains the protagonist of the company's mobile strategy, with a jump to a new smartphone platform highlighting the game producer's main goal of expanding its fan base. (Nikkei)
Industrial hemp (see below) has long been used to make sacred ropes that adorn shrines and feature on sumo wrestlers' ceremonial aprons, but tighter restrictions on cultivation has led to concerns that domestic production could be facing extinction. (the-japan-news.com)
SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son is the richest Japanese person, with $21.2 billion in net worth, according to U.S. magazine Forbes' 2017 list of billionaires in the world, released Monday. (the-japan-news.com)
Some 30 percent of passenger railcars used by four Japan Railway companies have been in service since at least 1987, when the firms were created through the privatization of the Japanese National Railways, Jiji Press has learned. (Japan Times)
A number of Chinese stores have almost completely pulled Japanese food products from their shelves after a consumer rights show aired by China's state-run broadcaster CCTV alleged that some items are from areas affected by the 2011 Fukushima nuclear disaster. (Japan Today)
Tokyo District Court on Thursday found Nobuo Shirahashi, 66, a former Novartis Pharma K.K. employee, not guilty of violating the Japanese pharmaceuticals law over falsified drug clinical data used in research articles. (Jiji)
Some countries and regions still maintain import bans on Japanese fishery and agricultural products, six years after Japan's worst nuclear accident at Tokyo Electric Power Company Holdings Inc.'s <9501> disaster-stricken Fukushima No. 1 plant. (Jiji)
With Toshiba Corp. expected to log an enormous loss in its nuclear power business, the company has announced a plan to remove Westinghouse Electric Co., a U.S. nuclear power company, from the group next fiscal year. (the-japan-news.com)