Toyota Motor has lowered its annual guidance as it warned of a ¥1.4 trillion hit to operating income from U.S. tariffs that have rattled the global automotive industry. https://www.japantimes.co.jp/business/2025/08/07/companies/toyota-cuts-outlook/?utm_medium=Social&utm_source=mastodon #business #companies #toyota #carmakers #cars #tariffs #donaldtrump #honda
Tokyo Electron said Thursday it’s fired an employee at its Taipei unit after the island’s government arrested six people suspected of stealing trade secrets from TSMC. https://www.japantimes.co.jp/business/2025/08/07/companies/tokyo-electron-tsmc-tech-stealing/?utm_medium=Social&utm_source=mastodon #business #companies #tokyoelectron #tsmc #chipmakers
Sony Group has raised its earnings forecast following a strong showing from its entertainment divisions that outweighed the threat of new U.S. tariffs on chips. https://www.japantimes.co.jp/business/2025/08/07/companies/sony-outlook-entertainment-demand/?utm_medium=Social&utm_source=mastodon #business #companies #sony #tech #playstation #music #japanesefilm #tariffs #donaldtrump
Major Japanese firms have agreed to increase monthly pay through pay scale hikes and regular raises by 5.39%, or ¥19,195, on average in this year's wage negotiations, a tally by the Japan Business Federation shows. https://www.japantimes.co.jp/business/2025/08/07/companies/japan-large-firms-pay-hikes/?utm_medium=Social&utm_source=mastodon #business #companies #wages #keidanren #shunto
Yomeishu Seizo, a Japanese medicinal liqueur manufacturer, is considering going private and has received acquisition proposals from several investment funds. https://www.japantimes.co.jp/business/2025/08/07/companies/japan-liquor-maker-yomeishu-going-private/?utm_medium=Social&utm_source=mastodon #business #companies #yomeishuseizo #stocks #acquisitions
Honda raised its annual profit forecast even as its quarterly figure took a hit from U.S. President Donald Trump’s tariffs on cars and car parts imported to the United States. https://www.japantimes.co.jp/business/2025/08/06/companies/honda-raises-profit-forecast/?utm_medium=Social&utm_source=mastodon #business #companies #honda #carmakers #us #tariffs #trade
Mazda swung to a consolidated net loss of ¥42.1 billion in the April-June period due to steep U.S. tariffs and a stronger yen. https://www.japantimes.co.jp/business/2025/08/06/companies/mazda-net-loss/?utm_medium=Social&utm_source=mastodon #business #companies #mazda #carmakers #tariffs #donaldtrump #us #yen
Seven & I Holdings said it will open 1,300 new international stores, mainly in the United States, in an update to its midterm plan after Circle-K operator Alimentation Couche-Tard dropped its takeover bid. https://www.japantimes.co.jp/business/2025/08/06/companies/seven-i-updates-midterm-plan/?utm_medium=Social&utm_source=mastodon #business #companies #seveniholdings #conveniencestores#seveneleven #stocks
Net income at the U.S. lender’s local securities subsidiary more than doubled to ¥45.6 billion in the year ended March 31 — the highest in at least seven years, filings show. https://www.japantimes.co.jp/business/2025/08/06/companies/foreign-banks-earnings/?utm_medium=Social&utm_source=mastodon #business #companies #banks #brokerages #jpmorgan #stocks #acquisitions
Mizuho Bank has hired Devendra Sharma from Mashreqbank to be its co-head of corporate banking in India, as the Japanese lender seeks to expand in the country. https://www.japantimes.co.jp/business/2025/08/05/companies/mizuho-india-head/?utm_medium=Social&utm_source=mastodon #business #companies #mizuho #india #banks
Bridgestone has said it will sell Mexico Carbon Manufacturing to Cabot of the United States for about $70 million as part of the Japanese tire-maker's efforts to restructure its carbon black business. https://www.japantimes.co.jp/business/2025/08/05/companies/bridgestone-carbon-black-biz/?utm_medium=Social&utm_source=mastodon #business #companies #bridgestone #mexico #carbon
Suzuki Motor has suspended domestic shipments of the five-door Jimny Nomade, six months after launching it to overwhelming demand. https://www.japantimes.co.jp/business/2025/08/05/companies/suzuki-stop-jimny/?utm_medium=Social&utm_source=mastodon #business #companies #suzuki #carmakers #jimny #nomade
A newly acquired Bain Capital company in Japan that makes airplane seats, toilets and galleys is betting its U.S.-based manufacturing hub will give it an advantage under President Donald Trump’s tariff regime. https://www.japantimes.co.jp/business/2025/08/05/companies/plane-seat-maker-tariff/?utm_medium=Social&utm_source=mastodon #business #companies #jamco #aviation #us #tariffs #donaldtrump #usjapanrelations #baincapital
Italy's competition watchdog has imposed a €1 million fine on China-founded online fast fashion retailer Shein for misleading customers about the environmental impact of its products. https://www.japantimes.co.jp/business/2025/08/05/companies/italian-regulator-shein-greenwashing/?utm_medium=Social&utm_source=mastodon #business #companies #italy #shein #greenwashing #fastfashion
The combined net profits of Japan's five major banking groups rose 2.7% on the year in April-June due partly to growth in income from their lending operations reflecting interest rate hikes by the Bank of Japan. https://www.japantimes.co.jp/business/2025/08/05/companies/japan-banks-earnings-up/?utm_medium=Social&utm_source=mastodon #business #companies #banks #mufg#sumitomomitsui #mizuho #donaldtrump #tariffs
The CEO of Japan’s largest bank has described September or October as "desirable" for the Bank of Japan to raise its policy rate, given the outlook for higher inflation in the country. https://www.japantimes.co.jp/business/2025/08/05/companies/mufg-rate-hike/?utm_medium=Social&utm_source=mastodon #business #companies #mufg #india #inflation #us #japaneseeconomy #tariffs #donaldtrump #boj #banks
Mid-sized brokerages in Japan are following the biggest domestic firms in raising their starting salaries for new graduates, as they struggle with staffing in a tight job market. https://www.japantimes.co.jp/business/2025/08/04/companies/midsize-brokerages-raise-starting-pay/?utm_medium=Social&utm_source=mastodon #business #companies #brokerages #wages
Japan's Kobayashi Pharmaceutical will accelerate efforts to reform its corporate culture marked by workers' reliance on top management, Chairman Yoshihito Ota has said. https://www.japantimes.co.jp/business/2025/08/04/companies/kobayashi-pharmaceutical-corporate-culture-reform/?utm_medium=Social&utm_source=mastodon #business #companies #kobayashipharmaceutical #osaka #pharmaceuticals #health #corporategovernance
New Puma CEO Arthur Hoeld, a decades-long veteran of cross-town rival Adidas, has the task of turning the brand around and charting a return to profit and growth. https://www.japantimes.co.jp/business/2025/08/04/companies/puma-boss-adidas-nike/?utm_medium=Social&utm_source=mastodon #business #companies #puma #adidas #nike #fashion #sportswear
Fujifilm raised U.S. prices for the majority of its digital cameras and lenses on Friday as President Donald Trump’s tariffs continue to reverberate across the consumer tech industry. https://www.japantimes.co.jp/business/2025/08/03/companies/fujifilm-raises-camera-lens-prices/?utm_medium=Social&utm_source=mastodon #business #companies #fujifilm #trade #tariffs #us