Kazuaki Nagata

Nissan is in deep trouble, posting huge losses, shutting factories and laying off workers, and some analysts trace the problems all the way back to the tenure of Carlos Ghosn, who ran the company for more than 15 years. They […]

Japanese automakers are buckling up for U.S. tariffs that might cost them hundreds of billions of yen a year; when all added up across the industry, maybe more than ¥1 trillion ($6.8 billion) in total. The major carmakers, all of

Nissan posted a massive annual loss as it failed to innovate, compete and restructure and found itself with a tired lineup and lagging in the ongoing technological revolution in the automobile industry. In an announcement Tuesday, the Yokohama-based company reported

The Bank of Japan kept rates unchanged Wednesday, prioritizing threats to growth — especially an escalating trade war — over the dangers of inflation, which is running at 4%. Standing pat was widely expected. Economists were all but unanimous in

Japan continues to see pay hike momentum among major companies in this year’s spring wage negotiations, with a number of such employers agreeing to solid salary increases on Wednesday. The spring offensive — known as shuntō — involving major Japanese

Nissan announced on Tuesday that CEO Makoto Uchida will step down at the end of this month. Current Chief Planning Officer Ivan Espinosa will be assuming the role starting in April in a bid to turn around the struggling Yokohama-based

U.S. President Donald Trump is delaying 25% tariffs on cars from Mexico and Canada and might consider carve-outs for agricultural imports from those countries, signaling again that he is both flexible and unpredictable in his use of duties as a

Nippon Steel continues to insist that it wants to buy all of U.S. Steel despite its bid being rejected by two U.S. presidents and brought into doubt by a Japanese prime minister, and even though its chances for success in

Japanese stocks have been stuck for about eight months, languishing below all-time highs hit in July last year and failing to convincingly break the curse of the ’80s. “Broadly speaking, concerns about tariffs and expectations for a rate increase by

Sticky inflation might convince the Bank of Japan to lean hawkish and increase rates earlier than expected. “An important factor is food inflation,” said Daiju Aoki, regional chief investment officer at UBS SuMi Trust Wealth Management in Tokyo. “Of the