Latest Japan News
Japanese automaker Honda reports booming profit on sales growth, weak yen
TOKYO (AP) — Honda’s profit for the fiscal year through March jumped 70% as vehicle sales grew and a weak yen buoyed overseas earnings, the Japanese automaker reported Friday. Annual profit at Tokyo-based Honda Motor Co. totaled 1.1 trillion yen ($7 billion) as sales surged...
Japan defense chief urges higher security after drone video of warship posted on China social media
TOKYO (AP) — Japan’s defense chief Friday called for the bolstering of its anti-drone capability after a drone footage posted on Chinese social media showed a Japanese aircraft carrier docked at a restricted navy port west of Tokyo. Defense Minister Minoru Kihara called it a serious security...
South Korea stresses need for fair treatment for Line chat app operator Naver
SEOUL, South Korea (AP) — South Korea vowed Friday to protect its companies operating in other markets after Japanese regulators told LY Corp., which runs the popular chat app Line, to reduce its dependence on Naver, the Korean partner in the venture. Friction over Naver’s 50%...
Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record
TOKYO (AP) — Stocks in Asia were mixed Friday after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. Benchmarks fell in Tokyo, Sydney and Seoul but rose in China, where investors were focused on the release of April inflation figures. ...
Japan proposes expanding commercial whaling to fin whales, a larger species than the 3 allowed now
TOKYO (AP) — Japan's Fisheries Agency has proposed expanding commercial whaling along the country’s coast to fin whales, a larger species than the three currently permitted. The proposal comes five years after Japan resumed commercial whaling within its exclusive economic zone...
Bread loaves recalled in Japan after 'rat remains' were found
TOKYO (AP) — Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found. Production of the bread was halted at a Tokyo factory, with 104,000 packages being recalled, according to Pasco Shikishima Corp. ...
Japanese automaker Nissan reports 92% jump in profit as sales surge
TOKYO (AP) — Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday. Annual sales surged nearly 20% to 12.7 trillion yen ($81.5 billion), Nissan...
Toyota racks up booming profit, vows to invest to keep growth going
TOKYO (AP) — Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top automaker. Toyota Motor Corp.'s annual profit totaled 4.9 trillion yen ($31.9 billion), up from 2.45 trillion...
Juro Kara, rebel playwright behind Japan's modern underground theater, dies at 84
TOKYO (AP) — Juro Kara, who helped shape Japan’s postwar avant-garde theater, defiantly yet playfully transforming the essence of Kabuki aesthetics into modern storytelling, has died. He was 84. The playwright, director and troupe leader died late Saturday from a blood clot in...
Japan and India reject Biden's comments describing them as xenophobic countries
TOKYO (AP) — Japan and India on Saturday decried remarks by U.S. President Joe Biden describing them as “xenophobic” countries that do not welcome immigrants, which the president said during a campaign fundraising event earlier in the week. Japan said Biden's judgment was not...
