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
May 20
Japanese seafood company Maruha Nichiro will export fully farmed tuna to Europe, taking advantage of a recent economic partnership agreement scrapping most substantial tariffs. (Nikkei)
May 18
Toyota Motor has brought back its Supra sports car after a 17-year absence. The new two-seater model was released on Friday in Japan, with its engine provided by the company's German partner, BMW. (NHK)
May 18
Japan's companies are expected to earn less in combined net profit for the year ending March 2020, as the weakening Chinese economy and the yen's strength take their toll on machinery makers and other exporters. (Nikkei)
May 18
The employment rate for job seekers who graduated from universities this spring stood at 97.6 percent, government data showed Friday, in the latest sign of a widespread labor shortage amid a graying population. (Japan Times)
May 17
The messaging app giant Line Corp. said Thursday it will launch a ¥30 billion reward campaign next week to increase usage of its Line Pay service as the cashless war heats up among tech firms in Japan. (Japan Times)
May 15
Fast Retailing Co. said hackers may have gained access to the personal information of about half a million users of its Uniqlo and GU brand e-commerce portals. (Japan Times)
May 15
The communications ministry plans to create some 10 billion 14-digit phone numbers starting with “020” for assignment. (Japan Times)
May 15
Nissan Motor will reverse the bullish expansion strategy led by former chairman Carlos Ghosn in pursuit of more moderate growth after its worst earnings performance in more than a decade. (Nikkei)
May 15
Tokyo Prosecutors have added allegations related to another inappropriate fund transfer to the indictment of former Nissan Motor chairman Carlos Ghosn. (NHK)
May 14
Japan's largest online fashion retailer, Zozo, plans to raise part-time workers' wages by up to 30 percent to cope with a labor shortage. (NHK)