Japan Corporate News
Japan Corporate News Network - Recent Headline News
Honda's DN-01 on Display at the Recent Tokyo Motorcycle Show
May 14
Honda's new DN-01, a next generation large sports cruiser that features revolutionary styling and is equipped with an innovative automatic Human-Friendly Transmission (HFT) to provide a higher degree of comfort and driving performance, was on display at the recent Tokyo Motor Show.
Tokyo Stocks Directionless in Morning
May 14
After moving in and out of negative territory, the 225-issue Nikkei average finished the morning down 2.20 points at 13,951.53. On Tuesday, the Nikkei gained 210.37 points. The TOPIX index of all first-section issues was down 1.84 points at 1,358.21, after finishing up 17.26 points in the previous session.
SMBC, Russian Bank to Cooperate in Emissions Trading
May 13
Japan's Sumitomo Mitsui Banking Corp. has agreed to tie up with Russia's Bank for Development and Foreign Economic Affairs in greenhouse gas emissions credit trading. The core unit of Sumitomo Mitsui Financial Group Inc. and the Russian state-run bank, known as Vnesheconombank, signed a memorandum here on Monday.
Tokyo Stocks Charge ahead on Strength of Blue Chips
May 13
Stocks surged on the Tokyo Stock Exchange Tuesday, as the relatively limited impact of China's devastating earthquake on other Asian markets heartened Tokyo players and encouraged them to pick up international blue chips.
Japan Automakers Bracing for Profit Drops
May 13
Japan's eight major automakers are bracing for operating profit falls for fiscal 2008 ending in March 2009 amid a slump in vehicle sales in the key North American market and the yen's strength.
Over 500 Listed Firms in Japan Adopt Takeover Defense Measures
May 13
More than 500 listed companies in Japan have adopted poison pills and other takeover defense measures in response to a global increase in mergers and acquisitions.
McDonald's Japan Ups 2008 Net Profit Estimate
May 13
McDonald's Holdings Co. (Japan) said Tuesday that it has revised up its group net profit estimate for 2008 to 11.5 billion yen from 10 billion yen.
NTT DoCoMo Picks Yamada as New President
May 13
NTT DoCoMo Inc. said Tuesday Vice President Ryuji Yamada, 60, will become its new president to replace Masao Nakamura, 63.
Toyota to Raise Chinese Vehicle Output Capacity
May 13
Toyota Motor Corp. said Tuesday it will spend about 23 billion yen to raise annual vehicle output capacity at a joint venture plant in China.
Japan Post to Launch Variable Annuities on May 29
May 13
Japan Post Network Co. and Japan Post Bank said Tuesday they will start selling variable annuity insurance products on May 29 under agent contracts with life insurers.