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Industry in Japan

  • Carmakers face billions in European CO2 fines from 2021

    JAPAN, 2017/09/23 Large-name carmakers inclunding Volkswagen and Fiat Chrysler face fines running into the billions for failure to meet tough new European carbon dioxide emissions limits slated for 2021, a study has found. "Only four out of 11 carmakers are estimate to meet the EU 2021 CO2 emission target, with the rest facing significant fines," researchers from British firm PA Consulting said in a statement Friday. European Union nations agreed in 2014 that carmakers should limit CO2 emissions to 95 grammes per kilometre across their entire model range within seven years.
  • Why Japanese workers aren’t as concerned about robots stealing their jobs

    JAPAN, 2017/08/21 A culture that celebrates robots and a tradition of "lifetime employment" — retaining and retraining workers — created a muted debate. Thousands upon thousands of cans are filled with beer, capped and washed, wrapped into six-packs and boxed at dizzying speeds — 1,500 a minute, to be exact — on humming conveyor belts that zip and wind in a sprawling factory near Tokyo. Nary a soul is in sight in this picture-perfect image of Japanese automation.
  • Sumitomo Metal Mining president says company seeking to raise stakes in gold mines

    JAPAN, 2016/11/17 Japan's Sumitomo Metal Mining Co Ltd is seeking an opportunity to boost its holdings in gold mines, with options inclunding taking a stake in projects or the development of mines on its own or through a joint venture, its president said. "We are aggressively seeking stakes in gold mines," President Yoshiaki Nakazato told an analyst conference on Thursday.
  • Japan All Industry Activity Falls For Second Month

    JAPAN, 2016/02/19 Japan's all industry activity decreased for the second straight month in December, and at a faster-than-expected pace, figures from the Ministry of Economy, Trade and Industry showed Friday. The all industry activity index slid a seasonally adjusted 0.9 % month-over-month in December, exceeding economists' expectations for a 0.3 % drop.
  • Airbus to sell three A380 superjumbo jets to Japan's ANA Holdings

    JAPAN, 2016/01/02 European planemaker Airbus (AIR.PA) has won a transaction to sell three A380 superjumbo jets to Japan's biggest carrier ANA Holdings Inc (9202.T) in a transaction valued at about 150 billion yen ($1.25 billion), the Nikkei reported. The planes are to be introduced in fiscal 2018 in routes to Hawaii and elsewhere, the paper said. Orders for Airbus A380s have dried up in recent years reflecting a fundamental shift in the industry toward smaller, twin-engine planes that cost less to fly than the stately, four-engine jumbos, which can carry as a lot of as 525 passengers.
  • Japan's August industrial output declines 0.5 pct

    JAPAN, 2015/09/30 Japan's industrial output in August declined a seasonally adjusted 0.5 % on a monthly basis, government data showed Wednesday. The index of output at factories and mines stood at 97.0 against the base of 100 in 2010, the Ministry of Economy, Trade and Industry said in a preliminary statement.
  • Japan Industrial Output +3.2% In July

    JAPAN, 2013/08/30 industrial production in Japan was up a seasonally adjusted 3.2 % in July compared to the previous month, the Ministry of Economy, Trade and Industry said on Friday. That missed forecasts for an increase of 3.6 % following the 3.1 % contraction in June. On a yearly basis, industrial production added 1.6 % - as well missing expectations for a gain of 1.8 % following the 4.6 % fall in the previous month.
  • Japan automakers step on profit accelerator

    JAPAN, 2013/05/13 The results cement a recovery next the quake-tsunami disaster two years ago devastated sales and production, although a additional recent diplomatic dispute between Tokyo and Beijing — and subsequent boycott of Japanese products — weighed on sales in China, the world's biggest vehicle market.
  • Nissan expects China sales to rebound

    CHINA, 2013/04/06 Nissan Motor Co. (7201), the Japanese carmaker that sells the majority cars in China, expects sales in the world’s major automobile market to rebound within three months, as request for Japanese-branded vehicles recovers. “We’ve seen increase in retail year on year in March and year to date,” Andy Palmer, executive vice president of the Yokohama, Japan-based carmaker told Bloomberg Television’s John Dawson in an interview yesterday.
  • Nissan Motor bucked the optimistic trend among Japanese carmakers

    JAPAN, 2013/02/09 Nissan Motor bucked the optimistic trend part Japanese carmakers reporting quarterly earnings, leaving its annual profit estimate unchanged as sluggish sales weighed on its bottom line while others got a boost from a weakening yen. The cheaper yen is improving the competitiveness of cars made by Nissan, Toyota Motor, Honda Motor and other Japanese brands at the same time as exported to key markets such as the US, and adding to pressure on their South Korean rivals.