Nissan Motor Co. is prepared to reject an acquisition offer that would make it a subsidiary of Honda Motor Co., according to a person familiar with the matter, a move that could jeopardize talks ... ( read original story ...)
Japan inflation-adjusted wages rise in December on jump in bonuses
Japan's December inflation-adjusted real wages rose 0.6% year-on-year thanks to a wintertime bonus bump, preliminary government data showed on Wednesday, with government officials expressing optimism ... ( read original story ...)
Sapporo Snow Festival opens
Snow sculptures are lit up at Odori Park in Sapporo, Hokkaido, on Tuesday, the opening day of the Sapporo Snow Festival. The annual festival features a multitude of ice and snow sculptures, ... ( read original story ...)
Japan’s Mitsui could study Alaska LNG project, but no decision yet
Japanese trading house Mitsui could consider studying a project to liquefy natural gas in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on ... ( read original story ...)
Record Amount Of Sea-Effect Snow Piled High In Hokkaido, Japan, And More Is On The Way
There’s so much snow on the ground in Hokkaido, Japan, that it’s blocking the doors and windows of homes and businesses on the island in the northern part of the country. Cities like Obihiro and ... ( read original story ...)
Yokohama completes acquisition of Goodyear’s OTR unit
Yokohama Rubber Co. has completed its acquisition of Goodyear's off-the-road (OTR) tire business in an all-cash transaction of approximately $905 million. ( read original story ...)
Goodyear completes OTR divestiture to Yokohama
Goodyear has finalized its $905 million divestiture of its off-the-road tire business to Yokohama. Announced in July 2024, the all-cash deal is part of the company's "Goodyear Forward" plan. ( read original story ...)
Kanye West and Bianca Censori’s indecent Grammys stunt may cost him $20 million Tokyo concert deal; here’s why
Kanye West may lose a $20 million Tokyo concert deal as a result of his completely unacceptable Grammys 2025 stunt with Bianca Censori. The rapper was supposed to perform two shows at the Tokyo Dome ... ( read original story ...)
Yokohama Rubber acquires Goodyear’s OTR business for $905m
The deal includes the transfer of all shares of Nippon Giant Tire and Goodyear Earthmover in Australia, and other global assets. ( read original story ...)
Tokyo High Court upholds suspended jail sentence for former Nissan executive
The Tokyo High Court has upheld a lower court ruling that gave a former Nissan Motor executive a suspended prison sentence over underreporting the remuneration of ousted chairman Carlos Ghosn. ( read original story ...)
Yokohama acquires Goodyear’s off-the-road tire business
Yokohama has announced that its acquisition of Goodyear Tire & Rubber’s OTR business concluded on 4. The OTR business provides specialized tires for mining and construction, among other industries. ( read original story ...)
Brothel targeting foreign tourists busted in Tokyo’s Kabukicho
Seven men have been arrested in connection with prostitution targeting foreign tourists at a brothel in Tokyo’s Kabukicho red-light district. ( read original story ...)
Heavy snow hits northern Japan, disrupting daily life
Record-breaking snowfall fell on Japan’s northern main island of Hokkaido on Tuesday, disrupting traffic, causing airport closures and delaying deliveries. ( read original story ...)
Japan’s megabanks set for record FY profit after strong Q3
By Anton Bridge TOKYO (Reuters) -All three of Japan's "megabanks" are on course for record annual income after the first nine months of the financial year as they cash in on sales of ... ( read original story ...)
Suspect held over dismembered body parts found in Osaka Prefecture
Osaka prefectural police have arrested a 28-year-old unemployed man on suspicion of dumping the body parts of a man in a mountainous area of Higashiosaka City, Osaka Prefecture. Police said Hiroto Oki ... ( read original story ...)
Tokyo court upholds former Nissan exec sentence
A Tokyo court on Tuesday upheld a suspended six-month sentence for former Nissan executive, Greg Kelly, a one-time aide of the firm’s fugitive ex-CEO Carlos Ghosn. Both prosecutors and Kelly, a ... ( read original story ...)