Hitachi to withdraw from wind turbine production
NHK -- Jan 26
Japanese electronics maker Hitachi says it plans to withdraw from wind turbine production in the face of intensifying competition from foreign manufacturers.

The announcement is a turnaround for the firm, which in recent years has been increasing its presence in the domestic market to match growing interest in renewable energy.

In 2012, the firm acquired the wind power generation system business of what was then Fuji Heavy Industries.

But Hitachi now says fierce competition from foreign rivals will make it difficult to increase profits.

The firm says it has not made a decision about the future of its wind power generator factory in Hitachi City, Ibaraki Prefecture.

It says it will continue to provide equipment maintenance and malfunction forecast devices in collaboration with a German partner.

News source: NHK
Feb 21
Carlos Ghosn's new lawyer took aim at Nissan, prosecutors and courts on Wednesday, dismissing the charges against the ousted chairman as an internal company matter and saying Japan was out of step with international norms by keeping his client in jail. (Japan Today)
Feb 20
Honda Motor says it plans to shut down its manufacturing plant in Swindon, southwest England, in 2021. (NHK)
Feb 20
Japan's government says it's building a computer database of registered private lodgings. It aims to stop people renting out properties illegally in the rush to cash in on the growing number of tourists visiting Japan. (NHK)
Feb 20
A Japanese real estate leasing company says it has found defects in more than 11,000 buildings nationwide. (NHK)
Feb 18
By changing his lead attorney from a former prosecutor known as "the breaker" to a hotshot trial lawyer nicknamed "the acquitter", Carlos Ghosn plans a defense in his own image -- combative and media-savvy, experts say. (Japan Today)
Feb 17
With 125 million citizens and the world's third largest GDP, Japan is an important market force. (newsonjapan.com)
Feb 16
Soft drink companies in Japan have put aside their long-held fear of losing market shares, moving to raise prices amid soaring expenses for labor and materials. (Nikkei)
Feb 12
Convenience store operator Family Mart Co. on Monday announced the dismissal of a male employee after the emergence of a video showing him licking items, the latest of several similar incidents involving a food-related company in the last week, reports TV Asahi (Feb. 12). (tokyoreporter.com)
Feb 09
The parent company of All Nippon Airways will invest in the operator of Philippine Airlines to take advantage of growing demand for travel in Asia. (NHK)
Feb 08
Rental unit provider Leopalace21 said Thursday that possible construction code violations were found in an additional 1,324 of its apartment buildings, a discovery that will require the relocation of roughly 14,000 tenants. (Nikkei)