News On Japan

Honda and Nissan Agree to Jointly Develop Vehicle Operating System

TOKYO - Honda and Nissan Motor have agreed to jointly develop an operating system and onboard computers for next-generation vehicles, aiming to introduce the technology in new models from fiscal 2029 as they seek to compete with U.S. and Chinese automakers.

Competition among automakers to develop operating systems for software-defined vehicles is intensifying as the industry moves toward cars whose functions and performance can be upgraded through software updates in much the same way as smartphones.

Honda and Nissan announced on September 1 that they will jointly develop the core software, or operating system, as well as computers installed in vehicles.

The companies aim to equip new vehicles with the jointly developed technology from fiscal 2029 onward.

Mitsubishi Motors, in which Nissan holds a stake, is also considering joining the collaboration in the future.

Honda and Nissan had continued to explore cooperation in specific areas even after ending talks on a possible management integration.

By sharing development of automotive software, which requires substantial investment, the companies aim to reduce costs and strengthen their ability to compete with U.S. and Chinese manufacturers that have taken the lead in the field.

Source: TBS

News On Japan
POPULAR NEWS

Very strong Typhoon No. 29 (Koguma) was moving north near the Ogasawara Islands on the evening of October 11, bringing the risk of high waves and powerful swells along Japan's Pacific coast, particularly around the Izu Islands and coastal areas of the Kanto region, despite expectations of limited direct impacts from the storm. At 9 p.m. on October 11, the typhoon had a central atmospheric pressure of 950 hectopascals and maximum sustained winds of 45 meters per second near its center, maintaining its classification as a very strong typhoon. It was moving north at approximately 15 kilometers per hour.

Japan is expected to experience a warmer-than-normal winter as the El Nino phenomenon currently affecting the Pacific Ocean has reached its strongest level on record, with the Japan Meteorological Agency announcing on October 10th that unusually high sea surface temperatures are likely to persist through the coming winter months.

The Otsu Festival, one of Shiga Prefecture's three major traditional festivals, was held in Otsu City on October 11th, featuring a procession of 13 elaborately decorated floats carrying traditional mechanical puppets through the streets, following the festival's addition to UNESCO's Intangible Cultural Heritage list in December last year.

A series of cyberattacks has disrupted business operations and exposed millions of customer records across Japan, with a ransomware attack on a cloud service provider affecting 495 companies and local governments nationwide, while convenience store operator Lawson has disclosed a separate breach involving more than 2.15 million personal information records.

Japan's first 360-degree projection mapping show will open at the Osaka City Museum of Fine Arts on October 10, transforming the historic building into an immersive world of light, music, and seasonal imagery, with organizers hoping the attraction will also help stimulate the city's nighttime economy.

MEDIA CHANNELS
         

MORE Business NEWS

Japan is stepping up efforts to reduce its dependence on China for essential medicines and rare earth minerals, with pharmaceutical giant Meiji Seika Pharma working to restart domestic penicillin production after more than three decades and a government-backed research project achieving a breakthrough in extracting rare earth-rich mud from the seabed near Minamitorishima Island.

Corporate bankruptcies caused by labor shortages in Japan reached a record 240 cases in the first half of the current fiscal year, highlighting the growing financial strain on small businesses as Prime Minister Sanae Takaichi pledges to protect household livelihoods through economic growth while pursuing consumption tax cuts that could place additional pressure on the restaurant industry.

Tokyo stocks fell sharply on June 26 as investors locked in profits from Japan’s record-setting AI-driven rally, with SoftBank Group and chip-related shares leading a broad retreat after reports that OpenAI may delay its initial public offering.

Japan recorded a current account surplus of 4.062 trillion yen in August, an increase of 12% from a year earlier, driven primarily by a sharp rise in income from overseas investments, even as higher crude oil prices pushed the country's trade balance into deficit.

Household spending in Japan fell 3.1% in August from a year earlier, marking the ninth consecutive month of decline as rising food prices continued to weigh on consumer budgets, according to the latest household expenditure survey released by the Ministry of Internal Affairs and Communications on October 9.

Tokyo stocks ended nearly unchanged on August 12, with the Nikkei 225 at 66,988.82, as gains in energy and financial shares offset weakness in electronics and pharmaceuticals while investors weighed higher crude oil prices, a weaker yen and growing expectations for another Bank of Japan rate increase.

Japan is entering a more difficult phase in its cybersecurity challenge, as a succession of major data breaches and ransomware attacks exposes weaknesses not only in corporate IT systems but also in supplier networks, governance structures and operational resilience.

Japan's four largest beer makers were subjected to simultaneous compulsory searches on October 7 over suspicions they coordinated wholesale prices for beer and other alcoholic beverages, in a rare cartel investigation that could lead to criminal charges.