YOKOHAMA, Japan, July 16 (Reuters) – Nissan Motor
on Monday unveiled its second-generation Note model, aiming to
boost the distant laggard in Japan’s compact car market led by
Toyota and Honda.
Nissan sold 46,475 Note vehicles in Japan in 2011, trailing
in 13th place in sales of Japanese cars above 660 cc.
MIYATA, Japan July 6 (Reuters) – Toyota Motor on
Friday launched production of its revamped Lexus ES sedan, a
flagship luxury car that represents a renewed bet the automaker
can keep building cars for the United States and China at more
costly factories in Japan.
Toyota, Japan’s top automaker, has made it a goal to
safeguard production of some 3 million vehicles a year in its
home market – roughly triple the equivalent output at Nissan
Motor and Honda Motor and about 40 percent of
the cars and trucks Toyota builds globally.
OSAKA/TOKYO, June 27 (Reuters) – Shareholders of Japan’s two
biggest electricity companies voted on Wednesday to stick with
nuclear power despite rising public opposition after the world’s
worst nuclear disaster in 25 years in March last year.
The votes against abandoning nuclear power at the annual
general meetings of Kansai Electric Power Co and Tokyo
Electric Power Co (Tepco), the company at the centre of
last year’s Fukushima disaster, come days before the country’s
first reactors are due to come back online.
YOKOHAMA, Japan (Reuters) – Carlos Ghosn, chief executive of Nissan Motor Co (7201.T: Quote, Profile, Research, Stock Buzz), told shareholders on Tuesday he was paid a salary and bonus of 987 million yen ($12.5 million) for the past fiscal year, a package that makes him Japan’s highest-paid executive.
Ghosn has led Nissan since 2001 and steered the automaker through a turbulent 2011 that saw it bounce back faster than its domestic rivals Toyota Motor Corp(7203.T: Quote, Profile, Research, Stock Buzz) and Honda Motor Co(7267.T: Quote, Profile, Research, Stock Buzz) from disruptions caused by the March 2011 earthquake and tsunami in Japan.
TOKYO (Reuters) – Workers at the crippled Fukushima nuclear plant will begin removing fuel rods from a damaged reactors a year ahead of schedule, a government minister said Thursday, a move to address concerns about the risk of a new quake that could cause a further accident and scatter more radioactive debris.
“We would like to start taking out undamaged fuel this year. Preparation is now under way,” Japan’s nuclear crisis minister, Goshi Hosono, told Reuters in an interview.
TOKYO, June 8 (Reuters) – Japan’s Olympus Corp said
on Friday it is considering tie-up offers from at least five
domestic firms to bolster its precarious capital position, and
will shed jobs and plants, in an attempt to recover from a $1.7
billion accounting scandal.
The president of the medical equipment and camera maker,
Hiroyuki Sasa, said at a briefing Fujifilm, Panasonic
Corp, Sony Corp and Terumo Corp, as
well as at least one other Japanese firm, had made capital
alliance offers but Olympus had made no decision on a deal.
OSAKA, Japan (Reuters) – In a darkened industrial hangar in eastern Osaka, Yoshihiro Yamanaka is tearing up the rule book that once made Japanese manufacturing the feared global standard of efficiency.
At Fuji Spring, a company with one factory, one product and 18 workers, Yamanaka has dimmed the lights, allowed inventories to pile up and – most strikingly – shut off an automated part of his assembly to do more jobs by hand.
TOKYO, May 18 (Reuters) – Japan urged businesses and
consumers in the western part of the country to cut power use by
15 percent or more this summer to cope with shortages after all
nuclear reactors shut down in the wake of the Fukushima crisis.
The government also said on Friday that it aimed to avoid
rolling blackouts in the region but would need to be prepared
just in case, stopping short of the mandatory limits imposed
last year in eastern Japan.
TOKYO, May 14 (Reuters) – The assembly in a western Japanese
town that hosts a nuclear plant agreed on Monday it was
necessary to restart two off-line reactors, its chairman said,
the first such nod since all the country’s stations were halted
after the Fukushima crisis.
With power shortages looming in the region when demand peaks
this summer, the central government has been trying to win
approval from towns and prefectures that host reactors. All 50
reactors are off-line since the last one shut down for
maintenance on May 5.
TOKYO, May 10 (Reuters) – Olympus Corp reported on
Thursday a key measure of capital cushion that was way below
levels considered healthy, keeping alive the possibility that
the scandal-tainted Japanese camera and endoscope maker may seek
to raise funds.
The company, valued at around $3.9 billion, is now under new
management, led by former engineer Hiroyuki Sasa, after
shareholders approved a new board in April to restore Olympus’
tarnished reputation following last year’s $1.7 billion