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Toyota's fuel cell car will cost $70 000

TOKYO, JAPAN - Japanese car manufacturer Toyota will start selling its first fuel cell sedan in March next year with a price tag of around ¥7m ($70 000).

26 Jun 2014 09:31


Nissan new e-NV200 electric car

YOKOHAMA, JAPAN: Nissan has unveiled its second all-electric vehicle, the e-NV200, the Japanese car manufacturer's latest push into the eco-friendly car sector despite disappointing sales.

10 Jun 2014 09:25


Toyota recalls 520,000 vehicles globally

TOKYO, JAPAN: Toyota has recalled about 520,000 vehicles, mostly in North America, over several issues including cable corrosion that could see unused spare tyres fall off.

27 May 2014 11:10


Sony counting on high-definition television for rescue

TOKYO, JAPAN: Sony's Chief Executive, Kazuo Hirai pledged to drag the embattled electronics company out of a painful restructuring in the current fiscal year using its high-definition technology as a possible saviour for its money-losing TV unit.

23 May 2014 09:16


No clear winner in Samsung-Apple court battle in Japan

TOKYO, JAPAN: A Japanese court ruled that Samsung could seek minimal damages from Apple for patent infringement, with both sides claiming victory in the legal skirmish over the design of their smartphones.

19 May 2014 11:08


Sony issues battery-fire warning for Vaio laptops

TOKYO, JAPAN: Sony has warned customers to stop using its new Vaio Fit 11A laptops because of an overheating battery problem that poses a fire risk. The company may recall the models.

14 Apr 2014 09:22


Loss-saddled Sony to sell its Tokyo buildings

TOKYO, JAPAN: Sony will sell properties at a prestigious Tokyo site where it had its headquarters for six decades, as the once-world beating firm struggles to improve its bottom line.

3 Mar 2014 06:02


Nissan profits from rise in North America, China sales

TOKYO, JAPAN: Japanese car manufacturers Nissan said its nine-month net profit jumped 18.4% as it benefited from a weaker yen and accelerating sales in North America and China.

11 Feb 2014 07:54


Sony cuts 5,000 jobs, exits PC business after US$1bn loss

TOKYO, JAPAN: Sony warned it would record a US$1.08bn annual loss and cut 5,000 jobs while exiting the stagnant PC market this year as the once-mighty electronics company struggles to reinvent itself in the digital age.

7 Feb 2014 09:21


Panasonic, Sharp point to better times ahead

TOKYO, JAPAN - Japan's Panasonic and Sharp on Tuesday, 4 February, pointed to better times ahead as earnings improved thanks to an overhaul of their businesses and the yen's decline, but the recovery was held back by weak sales of consumer gadgets.

5 Feb 2014 06:32


Canon misses profit forecast on poor camera sales

TOKYO, JAPAN: Japan's Canon said that it missed its full-year profit target because of a slump in demand for its digital cameras as consumers increasingly turn to smartphones to take pictures.

30 Jan 2014 07:45


Toyota's net profit surges by 82.5%

TOKYO, JAPAN: Toyota that its net profit for the first six months rose by 82.5% causing it to adjust its annual earnings forecast as a weak yen and improving sales in North America boosted its bottom line.

8 Nov 2013 07:55


Honda's profits higher on weak yen

TOKYO, JAPAN: Honda said its net profit rose by 46.4% in the three months to September as Japan's third largest manufacturer benefited from a weaker yen and stronger North America sales.

1 Nov 2013 09:55


Japan's SoftBank net profit up 84%

TOKYO, JAPAN: Japan's SoftBank said on Thursday, 31 October, its net profit rose 84.1% year-on-year to US$4.0bn in the six months to September, boosted by strong demand for iPhones and other smartphones.

1 Nov 2013 08:10


Japan says parts export to UK navy not illegal

TOKYO, JAPAN: Japan has approved the sale of engine parts for use by the British Royal Navy, saying it would not violate arms exports by Tokyo, press reports said Monday (14 October).

15 Oct 2013 07:50


Olympus pays investors US$2.6m over accounting scandal

TOKYO, JAPAN: Japanese camera company Olympus agreed to pay US$2.6m to settle a US investor claim stemming from a huge accounting scandal that hammered its shares.

1 Oct 2013 07:38


Panasonic to abandon consumer smartphones

TOKYO JAPAN: Japanese electronics company Panasonic says it will abandon research into new smartphones for retail consumers at home as it struggles to make inroads in a sector dominated by Apple and Samsung.

27 Sep 2013 10:58


Game consoles remain despite smartphones

TOKYO, JAPAN: Games on tablets and smartphones are better, faster and more varied than ever, but the excitement surrounding the upcoming PlayStation 4 -- expected to attract big crowds at this week's Tokyo Game Show -- proves consoles are here to stay, say observers.

18 Sep 2013 07:37


Sony plans first foreign-led PlayStation launch

TOKYO, JAPAN: Sony said on Monday, 9 September, it would sell its new PlayStation 4 games console in Japan next year after its US launch, the first time its declining home market has taken second place.

10 Sep 2013 10:39


Japan's Suntory in talks to buy GSK drink brands

TOKYO, JAPAN: Japanese drinks giant Suntory Holdings is in advanced talks to buy the Lucozade and Ribena soft drinks brands for a possible US$1.56bn from British drugs firm GlaxoSmithKline, a report said Friday (6 September).

7 Sep 2013 07:51


Strong Chinese demand to pull global car market: Moody's

PARIS, FRANCE: Global car sales will grow by 4.8% next year pulled by unexpectedly strong demand in China, the credit rating agency Moody's forecast on Wednesday (4 September).

6 Sep 2013 07:30


Sony - out of red and back in black

TOKYO, JAPAN: Japan's electronics company Sony said on Thursday (1 August) it had swung back to a net profit of US$35m for the April to June quarter, while boosting its annual sales forecast.

1 Aug 2013 12:36


Nissan's profits up 14% in June quarter

TOKYO, JAPAN: Japanese car manufacturer Nissan said on Thursday, 25 July that its net profit rose 14% in the April to June quarter as sales in North America grew while a weaker yen boosted its bottom line.

26 Jul 2013 09:02


Prius, Lexus models recalled worldwide

TOKYO, JAPAN: Toyota Motors will recall 242,000 Prius and Lexus hybrid cars globally because of a braking problem, the company said Wednesday (5 June), adding that it was not reported to have caused any accidents.

6 Jun 2013 10:38


Nissan recalls 841,000 Micras and Cubes

TOKYO, JAPAN: Nissan said Thursday (23 May) it would recall some 841,000 compact cars worldwide because of a problem with the steering wheel.

24 May 2013 08:56


Sony urged to sell entertainment unit

TOKYO, JAPAN: Sony shares rose on Wednesday (15 May) after a US hedge fund called for the partial sell-off of its entertainment unit, in a rare bid by a major foreign shareholder to penetrate Japan's staid corporate culture.

16 May 2013 06:32


Honda profits up 73.6% to US$3.7bn

TOKYO, JAPAN: Japanese car manufacturer Honda said last week its net profit for the year to March rose by 73.6% to US$3.7bn, thanks to robust overseas sales, a weaker yen and various cost-cutting measures.

29 Apr 2013 07:41


Dreamliners return to the skies

TOKYO, JAPAN: Japan's ANA tested one of its modified Dreamliner jets on Sunday (28 April), three months after the worldwide fleet of 787s was grounded, as Boeing set out to reassure passengers that the planes are safe.

29 Apr 2013 07:22


Almost 3m vehicles recalled for airbags

TOKYO, JAPAN: Almost 3m vehicles made by major Japanese manufacturers will be recalled worldwide because of possible problems with airbags, a government official said Thursday (11 April).

12 Apr 2013 08:09


Dreamliners may soon be flying again

TOKYO, JAPAN: Boeing's grounded Dreamliner is "absolutely" safe and will be back in the air within weeks, the company claimed last week as it sought to reassure airlines and passengers about the aircraft and its safety.

18 Mar 2013 06:36

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