Nissan announced on May 9th that it has withdrawn its plan to build a new electric vehicle battery plant in Kitakyushu City, Fukuoka Prefecture. Executives from the company visited the Fukuoka Prefectural Government to deliver the news directly.
Nagoya is on the verge of a major transformation. Over the next decade, the cityscape is expected to undergo a dramatic shift as large-scale redevelopment projects reshape its urban core. The focus is on three key districts—Meieki, Sakae, and Kanayama—each developing in a way that highlights its own unique strengths.
Panasonic Holdings announced on May 9th that it will cut around 10,000 jobs globally as part of a major restructuring effort aimed at strengthening its management foundation for long-term growth.
Nintendo has announced that it expects a significant boost in revenue for the fiscal year ending March 2026, projecting a 63.1% increase from the previous year to reach 1.9 trillion yen. The strong outlook is driven by the launch of the company’s new home gaming console, the Nintendo Switch 2, set for release in June.
As NTT Docomo and KDDI move to raise their mobile phone fees, SoftBank has also revealed it is considering a similar hike.
As the U.S.-China trade tensions escalate, 151 companies from Shanghai gathered in Osaka for a business fair, with some shifting their focus to Japan by planning store openings and relocating their families.
Mitsubishi Motors has announced that it will procure electric vehicles from Taiwan's Hon Hai Precision Industry, marking the first time a major Japanese automaker will receive EVs from the Taiwanese electronics manufacturing giant.
Kansai Electric Power announced plans to construct one of Japan's largest battery storage facilities on the former site of the Tanagawa Power Station in Misaki Town, Osaka Prefecture, in an effort to stabilize the supply of renewable energy.