News - Page 46

Tokyo, Feb. 6 (Jiji Press)–The labor unions of Japanese heavy machinery makers and other businesses Friday submitted demands for pay scale increases to management, marking the start of this year’s “shunto” spring wage negotiations at major companies. Unions at Mitsubishi Heavy Industries

Tokyo, Feb. 6 (Jiji Press)–MCJ Co., the parent of Tokyo-based personal computer manufacturer MouseComputer Co., has said it will go private through a management buyout scheme in cooperation with U.S. investment fund Bain Capital. The MBO will cost up to some 200

Tokyo, Feb. 6 (Jiji Press)–Momentum for political reform in Japan is faltering, as Prime Minister Sanae Takaichi sidesteps the topic in her campaigning for Sunday’s House of Representatives election, which will decide control of the powerful lower chamber of the Diet, the

Tokyo, Feb. 6 (Jiji Press)–Japanese comedian Nana Takamatsu has held a class at a junior high school in Tokyo to teach students the importance of elections and democracy. The visiting class, held on Wednesday, was led by the 32-year-old social entrepreneur and

Tokyo, Feb. 6 (Jiji Press)–Toyota Motor Corp. said Friday it will promote Chief Financial Officer Kenta Kon to president and chief executive officer, replacing Koji Sato, who will step aside to become vice chairman and take the new post of chief industry

Tokyo, Feb. 6 (Jiji Press)–Japan’s Toyota Motor Corp. said Friday that its consolidated sales for fiscal 2025 are expected to reach 50 trillion yen for the first time, up from the previous projection of 49 trillion yen. The upward revision for the

Kariwa, Niigata Pref., Feb. 6 (Jiji Press)–Tokyo Electric Power Company Holdings Inc. announced Friday that it will restart the No. 6 reactor at its Kashiwazaki-Kariwa nuclear plant in Niigata Prefecture, central Japan, on Monday. TEPCO restarted the reactor on Jan. 21 for

Tokyo, Feb. 6 (Jiji Press)–Kirin Holdings Co. said Friday that it will sell Four Roses Distillery LLC to U.S. winemaker E. & J. Gallo Winery for up to 775 million dollars. The decision by the Japanese beverage maker to sell the Kentucky-based

Tokyo, Feb. 6 (Jiji Press)–Japanese household spending in 2025 rose 0.9 pct from the previous year after adjustment for inflation, marking the first increase in three years, Japan’s internal affairs ministry said Friday. The average monthly spending at households with two or

Washington, Feb. 5 (Jiji Press)–U.S. President Donald Trump said Thursday that he plans to meet with Japanese Prime Minister Sanae Takaichi at the White House on March 19. In a post on his social media platform Truth Social, Trump gave his “complete