News On Japan

Honda Mulls Collaboration with Nissan

TOKYO, Mar 14 (News On Japan) - In response to Nissan Motor Co.'s initiation of discussions for potential collaboration with Honda, Vice President Aoyama addressed the media on Thursday, indicating that various scenarios are being examined within the company.

Honda's Aoyama stated, "There are various simulations. Internally, we have different scenarios, and we are always engaged in such discussions. There has been no official statement from our side.

Honda is expected to formally deliberate within the company on whether to commence collaboration discussions with Nissan.

Nissan aims to collaborate with Honda, particularly in the development, production, and procurement of parts for electric vehicles (EVs), to streamline investment costs.

News On Japan
POPULAR NEWS

A string of so-called “honey trap” cases is drawing attention across Japan as schemes once limited to extortion have become increasingly violent, involving physical assaults and life-threatening intimidation.

Police have revealed that a woman killed by her former partner in Higashi-Osaka had sustained dozens of stab wounds across her body, including injuries that pierced internal organs.

Vast hillsides have been cleared for the construction of a large-scale solar power facility in Kamogawa, Chiba Prefecture, leaving piles of felled trees scattered across the slopes. The development covers approximately 146 hectares, or the size of 32 Tokyo Domes, and involves cutting down about 365,000 trees to make way for 470,000 solar panels.

OpenAI has unveiled its latest video generation AI, Sora2, which can produce realistic footage in about three minutes, including Japanese anime-style clips and composite videos featuring real individuals.

Former US President Donald Trump is arranging a three-day visit to Japan starting on October 27th, marking his first trip to the country in six years.

MEDIA CHANNELS
         

MORE Business NEWS

Tokiwair, a Niigata-based airline, is planning to produce lightweight sport aircraft (LSA), a category of small propeller planes, in collaboration with factories in the Tsubame-Sanjo area of Niigata Prefecture.

The Tokyo Metropolitan Bureau of Transportation has reduced 206 Toei bus services in its October timetable revision, underscoring how the nationwide shortage of drivers is now taking a serious toll on the capital’s public transport.

Bank of Japan Governor Kazuo Ueda indicated that the pace of Japan’s economic growth is expected to temporarily slow due to the effects of tariffs, while predicting that growth will pick up again as overseas economies recover. Speaking in Osaka on October 4th at a meeting with the Kansai business community, Ueda stressed that monetary policy would be guided by overall economic and price conditions.

Around 60 percent of hospitals across Japan are operating in the red, creating a critical situation where closures and bankruptcies are no longer a distant threat. Behind the figures lies a deepening financial crisis that is raising questions about whether patients can continue to rely on stable access to medical care.

A system failure caused by a cyberattack at beverage giant Asahi Group shows no sign of resolution, disrupting deliveries and leaving some supermarket shelves empty.

Forever 21, the American fast fashion brand that once led a global boom in affordable clothing, has decided to withdraw from Japan for the third time after its US parent company filed for bankruptcy and supply from the United States came to a halt.

The wave of price increases continued into October, with more than 3,000 items, including beverages and food, set to rise in price, leaving supermarkets and retailers grappling with how to respond.

From October, Japan’s minimum wage will rise across the country to exceed 1,000 yen for the first time, a development welcomed by workers but one that is expected to squeeze retailers such as discount supermarkets where higher personnel costs could lead to losses.