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Japan

Automotive BREAKING NEWS Business

Toyota Industries set for ¥180 billion restructuring push towards mobility transformation

Backed by Akio Toyoda Toyota Group has begun a strategic move to privatise Toyota Industries Corporation, in a sweeping set of transactions that signal the group’s broader ambition to transform into a global mobility powerhouse. The multi-billion yen restructuring effort aims to deepen collaboration across the Toyota ecosystem and accelerate the group’s pivot towards
Events

Expo 2025 Osaka welcomes one million visitors since opening

In 11 days’ time Expo 2025 Osaka, Kansai has reached a significant milestone, drawing over one million visitors just 11 days after opening its doors. The achievement was reached on April 23, 2025, signalling strong momentum for the six-month event, which is expected to attract more than 28 million people. Expo 2025 Osaka, Kansai runs […]
Events

Expo 2025 Osaka, Kansai ushers in innovation and global dialogue

For the next 6 months The long-anticipated Expo 2025 Osaka, Kansai officially opened its doors on April 13, welcoming the first wave of visitors to its expansive 155-hectare site on Yumeshima Island. Marking the beginning of six months of global cultural exchange, innovation, and dialogue, the event started with a ribbon-cutting ceremony and a spectacular […]
NEWS DESK

Former Mitsubishi IP Leader to Head Sisvel Japan

Yoshinori Shimizu has become managing director of the Japanese office of Sisvel, Europe’s biggest and longest-established patent pool operator. The appointment coincides with the retirement of Tetsuro Fuse, who will continue to work with Sisvel in an advisory capacity. Mr Shimizu is widely acknowledged as one of Japan’s leading IP professionals and most recently served
NEWS DESK

GE HealthCare Completes Acquisition of Nihon Medi-Physics (NMP), a Leading Radiopharmaceutical Company in Japan

GE HealthCare Technologies Inc. (GE HealthCare or the Company) (Nasdaq: GEHC) has completed its acquisition of the remaining 50% stake in Nihon Medi-Physics Co., Ltd (NMP), from Sumitomo Chemical, giving it full ownership. As part of GE HealthCare, NMP can further build on its expertise in developing and manufacturing proprietary and in-licensed radiopharmaceuticals used
Travel

Is yours among the 15 most powerful passports in 2025?

Singapore tops the global ranking In a world where global mobility is essential for work, study, and leisure, a strong passport facilitates travel, lowers costs, and provides greater access to international opportunities. For many, the value of a passport is measured by the number of countries a holder can visit without the need for a […]
Business

Nissan outlines comprehensive turnaround measures

To secure sustainable profitability Nissan Motor Corporation has unveiled an update on its comprehensive turnaround strategy, which aims to reshape the company into a more agile, cost-efficient, and competitive business. To secure sustainable profitability, Nissan focuses on various cost-saving initiatives, restructuring its manufacturing operations, and exploring new
Business

Nissan and Honda terminate business integration plan

Shift focus to strategic partnership Nissan Motor and Honda Motor have terminated their memorandum of understanding (MOU) for a potential business integration, originally signed on December 23, 2024. The decision comes after extensive discussions between the management teams of both companies, including their respective CEOs, on the market environment, integration goals,
Sport

Nissan to host race for runners with a visual impairment

Event is held annually Nissan Motor Co. is preparing to host the 14th yearly Nissan Connect Race with the Japan Blind Marathon Association on February 16 at the Nissan Technical Centre in Atsugi City, Kanagawa Prefecture. The Nissan Connect Race, a celebrated tradition since its inception in 2012, is designed to create a safe and […]
Business Sustainability

Nissan to expand use of green steel in Japan

Aims for FY2025 use to be higher Nissan Motor has unveiled plans to increase its use of low-CO2-emission steel in Japan dramatically. It aims to quintuple its use by fiscal year 2025 compared to fiscal year 2023. This bold initiative is part of Nissan’s broader strategy to reduce carbon emissions and move towards carbon neutrality. To […]
Automotive

Lexus posts record 2024 global sales results

851,214 units sold Lexus has announced its 2024 global sales results, achieving a remarkable 851,214 units sold, a 103.3% increase compared to the previous year. The company attributed the exceptional growth to strong demand in key markets such as North America and Europe, alongside a recovery in the availability of parts, which supported the rise […]
Appointments Business

Nissan reshuffles senior management team

To revive ailing automaker Nissan Motor Corporation has announced a significant leadership shake-up, appointing a new executive team effective January 1, 2025. The moves are part of the Japanese company’s broader turnaround strategy, designed to restructure operations and improve efficiency and resilience. These changes aim to respond swiftly to current challenges and