Yoko's Feed
Apr 22, 2013

Look to Japan’s ageing industrial sprawl for roadblock to Abenomics

TOKYO, April 23 (Reuters) – For a close-up view of where
Japanese Prime Minister Shinzo Abe’s economic policies could
falter, skip across Tokyo Bay to the sprawling Kimitsu
steelworks, once a must-see icon of Japan’s export boom.

By the early 1970s, Kimitsu in Chiba had become the hub of
the world’s largest steel operation. It provided the sheet metal
for the first wave of Japanese cars sold overseas and the beams
to build the first skyscrapers in Tokyo’s Shinjuku district,
inspiring Chinese leader Deng Xiaoping on a 1978 visit to build
a copycat mill in China.

Apr 20, 2013

Japan’s ANA to conduct up to 200 Boeing 787 test flights: sources

TOKYO (Reuters) – All Nippon Airways (9202.T: Quote, Profile, Research, Stock Buzz) (ANA), the biggest customer for Boeing Co’s (BA.N: Quote, Profile, Research, Stock Buzz) grounded 787 Dreamliner, plans about 100 to 200 round trip test flights in May of its repaired aircraft before carrying passengers again from June, sources said.

U.S. regulators approved on Friday a revamped battery system for the Dreamliner, a crucial step in returning the high-tech jet to service after it was grounded in January because its lithium-ion batteries overheated.

Apr 12, 2013

Fans queue at midnight for new novel by Japan’s Murakami

TOKYO (Reuters) – More than 100 people lined up for the midnight opening of a Tokyo bookstore, eager to get their hands on the latest Haruki Murakami novel, the first by the global bestselling author and Nobel prize favorite in three years.

“Colourless Tsukuru Tazaki and His Years of Pilgrimage” has a 500,000 print run to assuage the appetite of fans kept in the dark about the book’s subject and storyline.

Apr 11, 2013

Japan carmakers recall 3.4 million vehicles for Takata airbag flaw

TOKYO/DETROIT (Reuters) – Four Japanese automakers, including Toyota Motor Corp and Nissan Motor Co, are recalling 3.4 million vehicles sold around the world because airbags supplied by Takata Corp are at risk of catching fire or injuring passengers.

The move announced on Thursday is the largest recall ever for airbags made by Takata, the world’s second-largest supplier of airbags and seatbelts. Shares of Takata, which first learned of the issue in October 2011, tumbled almost 10 percent in Tokyo trading.

Apr 11, 2013

Toyota, three other Japan carmakers to recall 3.4 mln vehicles over airbag

TOKYO, April 11 (Reuters) – Four Japanese automakers
including Toyota Motor Corp and Honda Motor Co
are recalling a total of around 3.4 million vehicles worldwide
due to defective airbags supplied by Takata Corp, the
companies said.

Takata has also supplied the faulty airbags to foreign
carmakers, said Toyohiro Hishikawa, spokesman for the
Tokyo-listed components maker, declining to identify them. The
firm’s shares tumbled almost 10 percent on Thursday.

Apr 2, 2013

ANA to put pilots through Dreamliner resumption training: sources

TOKYO (Reuters) – All Nippon Airways, the biggest customer for Boeing Co’s grounded 787 Dreamliner, will put its pilots through training to resume flights in June, sources told Reuters, after Boeing completed more than half of its tests to get its new battery system certified.

The Japanese carrier, known as ANA, is also likely to use the Dreamliner initially for cargo flights once the new battery system is installed, to reassure the public about safety before restarting passenger flights, one of the sources said.

Apr 1, 2013

Japan’s mini-car sales jump to record high

TOKYO, April 1 (Reuters) – Sales in Japan of 660 cc
passenger mini-cars jumped to a record high in the last
financial year, signalling structural change in a market where
family size is shrinking and buyers are shifting to smaller
cars.

Buyers and owners pay less tax for mini-vehicles, a category
known as “kei” in Japan for cars that follow certain size and
other criteria, than for bigger vehicles.

Mar 27, 2013

Toyota to sell vehicles using common parts in 2015

TOYOTA, Japan, March 27 (Reuters) – Toyota Motor Corp
will start selling vehicles in 2015 under its new plan
to ramp up the use of shared parts as it catches up with rival
Volkswagen, which pioneered the strategy.

Initially, vehicles using the same platform and developed
under Toyota’s new strategy will share 20-30 percent of the
parts in the platform, a ratio Toyota wants to expand to 70-80
percent.

Mar 13, 2013

Japan Inc to pay bigger bonuses, cautious on higher base wages

TOKYO, March 13 (Reuters) – Japanese exporters will hand out
bigger bonuses for the next fiscal year as Prime Minister Shinzo
Abe’s policies drive the yen to multi-year lows, with Toyota
Motor Corp declaring its largest bonus payout since the global
financial crisis.

However, major companies including Toyota and
Panasonic Corp kept base salaries unchanged in the year
ending March 2014.

Mar 5, 2013

Toyota readies executive reshuffle, aims for rapid response culture

TOKYO, March 5 (Reuters) – Toyota Motor Corp will
reshuffle its top executives as soon as this week, people
familiar with the plan say, as President Akio Toyoda tries to
dismantle a regimented decisionmaking hierarchy at the world’s
top-selling automaker.

Toyoda, who took the top job at the firm in 2009, has
slashed the number of board directors and given more power to
executives in key markets outside Japan as part of his effort to
refocus the company on quality and manufacturing flexibility
after a series of crises.

    • About Yoko

      "Based in Tokyo since 2007, I have been covering politics in the world's third-biggest economy, as well as Japan's nuclear disaster, energy issues and diplomacy."
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