Nissan, Mitsubishi, Renault executives meet
NHK -- Apr 13
The top executives from Nissan Motor, Mitsubishi Motors and Renault have convened for the first meeting of the auto alliance's new oversight body.

It was held on Friday at Renault's headquarters outside Paris. Nissan President and CEO Hiroto Saikawa, Mitsubishi CEO Osamu Masuko, Renault Chairman Jean-Dominique Senard, and Renault CEO Thierry Bollore were in attendance.

Renault released a photo of the executives. The caption says, "The potential of the Alliance must now be valued properly, and that's in our hands. It's up to us to define our future."

The three auto firms decided last month to launch the four-member board to oversee the alliance's operations.

Previously, former Nissan chairman Carlos Ghosn headed the three firms.

The four executives face the challenge of spelling out concrete steps to enhance cooperation within the alliance.

Last month, the Financial Times reported that Renault intends to proceed with merger talks with Nissan.

News source: NHK
Nov 14
Japanese fashion group Fast Retailing Co Ltd, owner of clothing chain Uniqlo, on Wednesday said it has partnered two robotics startups to help improve efficiency in warehousing and distribution. (Japan Today)
Nov 14
Undeterred by a huge loss on U.S. office-sharing platform WeWork, SoftBank Group CEO Masayoshi Son has set his sights on a new big plan: building a sweeping online ecosystem akin to China's Alibaba Group Holding. (Nikkei)
Nov 14
Yahoo Japan under Softbank Group and messaging app Line are negotiating toward a tie-up, according to sources close to the matter. (NHK)
Nov 08
The season's first haul of snow crabs, a winter delicacy, has fetched record prices at a port in western Japan. (NHK)
Nov 07
SoftBank Group CEO Masayoshi Son said Wednesday he made a "poor" decision investing in U.S. office sharing company WeWork at a $47 billion valuation, which led to the worst financial performance in the company's history. (Nikkei)
Nov 06
The number of visitors to the 46th Tokyo Motor Show totaled 1.3 million, topping 1 million for the first time in 12 years, the Japan Automobile Manufacturers Association, the main organizer of the event, said Tuesday. (Japan Times)
Nov 05
Tokyo stocks staged a sharp rebound on Tuesday, allowing the benchmark Nikkei average to finish above 23,000 for the first time in nearly 13 months. (Japan Times)
Nov 05
The government is set to tighten rules on disclosure by Japan’s wealthier residents about their overseas assets in a bid to prevent tax avoidance, sources close to the matter said Sunday. (Japan Times)
Nov 04
PayPal is a world renowned online payment system which supports the transfer of money online and functions as an alternative to conventional paper money such as money orders as well as checks. (newsonjapan.com)
Nov 02
The mysterious death of over 20 million Akoya pearl oysters in Ehime, Mie and other prefectures this summer is expected to hobble pearl production next year and beyond. (Japan Times)