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BUSINESS

Toyota ordered to pay 300m yen in back taxes

Kyodo News, Published on 13/10/2017

» Toyota Motor Corp was ordered to pay Japan's tax agency 300 million yen ($2.7 million) in back taxes that the automaker had failed to withhold, mainly in relation to its motorsports operations, sources with knowledge of the matter said Friday.

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BUSINESS

Nikon ends digital camera production in China

Kyodo News, Published on 31/10/2017

» Nikon Corp. said Monday it has stopped operation of its Chinese plant for compact digital cameras and components due to declining demand amid widespread ownership of smartphones with inbuilt photographic capability.

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BUSINESS

Honda bets on new sport bike to retain Thai market share

Kyodo News, Published on 05/09/2017

» Japan's Honda Motor Co has launched a locally made sport motorcycle in Thailand to cash in on growing demand and retain its position as market leader in the Southeast Asian country.

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BUSINESS

Mazda to make all cars hybrid or EV by 2035

Kyodo News, Published on 15/09/2017

» TOKYO: Mazda Motor Corp plans to make all of its cars partly or fully battery powered by 2035, company sources said Friday.

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BUSINESS

Toyota, Mazda to form alliance for joint EV development

Kyodo News, Published on 04/08/2017

» TOKYO -- Toyota Motor Corp and Mazda Motor Corp are set to form a capital alliance to boost joint development of electric vehicles, sources close to the matter said Friday.

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BUSINESS

Number of 7-Eleven stores tops 10,000 in Thailand

Kyodo News, Published on 17/08/2017

» The number of 7-Eleven convenience stores in Thailand has topped 10,000, achieving the milestone at a faster pace than in Japan, their local operator says.

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BUSINESS

Sony to restart vinyl record production

Kyodo News, Published on 29/06/2017

» TOKYO - Sony Corp said Thursday it will resume production of vinyl records for the first time in three decades this fiscal year through next March as the format sees a resurgence in popularity.

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BUSINESS

IMF keeps world growth forecast at 3.5%

Kyodo News, Published on 24/07/2017

» WASHINGTON -- The International Monetary Fund maintained its world economic growth forecast at 3.5% this year and 3.6% next year, with upward revisions for Japan, China and other Asian emerging markets offsetting a downward projection for the United States.

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BUSINESS

ANA, JAL seek to offer diverse in-flight meals

Kyodo News, Published on 27/07/2017

» TOKYO -- Major Japanese carriers All Nippon Airways and Japan Airlines are offering more options for in-flight meals amid a rise in foreign passengers and fierce competition with low-cost carriers, the companies said.

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BUSINESS

Toyota, Mazda upgrade Thai forecasts

Kyodo News, Published on 21/07/2017

» The Japanese automakers Toyota Motor Corp and Mazda Motor Corp have revised upward their forecasts of overall new car sales in Thailand in 2017 after first-half sales showed double-digit growth.