Yoko's Feed
Jul 23, 2012

ANA grounds part of Dreamliner fleet

TOKYO/LONDON, July 23 (Reuters) – Japan’s All Nippon Airways
said on Monday it had grounded part of its fleet of new
787 Dreamliners after tests revealed a risk of engine corrosion,
sending shares in Boeing and engine maker Rolls-Royce down
around 3 percent.

The launch customer for the world’s first passenger jet
built mainly from lightweight carbon fiber said the move stemmed
from a flawed process that could leave part of its
UK-manufactured engines vulnerable to early corrosion.

Jul 23, 2012

Engine glitch grounds part of ANA Dreamliner fleet

TOKYO/LONDON (Reuters) – Japan’s All Nippon Airways (9202.T: Quote, Profile, Research, Stock Buzz) said on Monday it had grounded part of its fleet of new 787 Dreamliners after tests revealed a risk of engine corrosion, sending shares in Boeing and engine maker Rolls-Royce down around 3 percent.

The launch customer for the world’s first passenger jet built mainly from lightweight carbon fiber said the move stemmed from a flawed process that could leave part of its UK-manufactured engines vulnerable to early corrosion.

Jul 16, 2012

Nissan Note aims to beat Japan laggard tag

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.

Jul 6, 2012

Toyota bets made-in-Japan Lexus can drive sales

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.

Jun 27, 2012

Japan utility shareholders vote to keep nuclear power

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.

Jun 26, 2012

Nissan’s Ghosn remains Japan’s top-paid CEO

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.

Jun 21, 2012

Japan nuclear minister speeds up Fukushima cleanup

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.

Jun 8, 2012

Olympus says tie-up offers under consideration, cuts jobs

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.

Jun 4, 2012

Japan small factories get creative to keep power on

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.

May 18, 2012

Japan seeks 15 pct summer power savings in western region

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.

    • 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."
    • Follow Yoko