Japan Lockdown
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Japan To Open Borders From June 10 To Aid Hobbled Tourism Industry: Report
Japan's easing of a two-year ban on foreign tourists seeks to balance the enormous economic importance of tourism with concerns that travellers would trigger a Covid outbreak.
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TSMC And Sony Considering Joint Chip Factory, Japan Government To Help: Report
Taiwan's TSMC and Japan's Sony Group Corp are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion).
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Tokyo Games: Japan Announces Coronavirus Emergency Throughout Olympics
Tokyo Games: Prime Minister Yoshihide Suga said the emergency measures -- which are far looser than the harsh lockdowns seen in other parts of the world -- will be in place until August 22.
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Chip Shortage In Focus As Japan Automakers Ready To Report Profit Drop
While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.
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Japan Extends Coronavirus Emergency As Olympics Approach
The emergency measures, less strict than blanket lockdowns in other countries, had been due to end on May 11 but will now continue until the end of the month, Japanese Prime Minister Yoshihide Suga said.
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Honda And Nissan To Sell A Quarter Of A Million Fewer Cars Because Of Chip Shortage
Japan's second and third largest automakers, Honda Motor and Nissan Motor, will sell a combined 250,000 fewer cars in the current financial year as a global shortage in semiconductor chips hits production.
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Toyota Announces Halt In Plant Operations In UK, France Amid New Virus Fears
Toyota Motor Corp. is halting the work of its production facilities in the United Kingdom, as well as France, following the emergence of the new coronavirus strain, The Japan Times reports.
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Japan's Long Run Of Falling Exports Slows As Auto Demand Perks Up
Japan's exports extended declines in October but at the slowest pace in almost two years, helped by improvement in Chinese- and U.S.-demand for cars and other items as the world's third-largest economy emerged from its worst postwar slump.
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Honda Doubles Profit Forecast, Boosted By China Rebound
Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28% amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.
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Japan Automakers Post 12% Slide In July Global Vehicle Sales
Global sales at Japanese automakers slipped 12.2% in July from last year, the fifth straight month of losses, as demand for cars remains sluggish after factories and dealerships reopened following coronavirus-related lockdowns earlier this year.
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Toyota Sees Higher Vehicle Output In Japan In September
Toyota Motor Corp on Friday said its domestic vehicle production would be 1% higher than initially planned in September, as its plants resume output levels following a steep drop because of the COVID-19 pandemic.
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Mitsubishi Corp Forecasts $2.8 Billion Hit To Annual Profit From COVID-19
Japanese trading house Mitsubishi Corp said it had a difficult first quarter as net profit plunged 77% due to the coronavirus pandemic, which it said is likely to wipe 300 billion yen ($2.8 billion) off its full-year profit.
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Suzuki First-Quarter Profit Nearly Wiped Out As Coronavirus Hits Sales
Suzuki Motor Corp on Monday saw its operating profit nearly wiped out during the first quarter because of plunging car demand in India, its biggest market, where coronavirus infections continue to increase.
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Nissan Forecasts Record $4.5 Billion Annual Loss As Pandemic Hinders Turnaround Efforts
Nissan Motor Co forecast on Tuesday its biggest-ever annual operating loss and said it expects vehicle sales to tumble 16% as the coronavirus pandemic hampers the company's efforts to turn around its business.
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Mitsubishi Motors Hits All-Time Low As ASEAN Sales Dive Raise Recovery Doubts
Japan's Mitsubishi Motors faced doubts about a quick recovery after posting dismal quarterly sales in its key Southeast Asia market partly due to the coronavirus outbreak, sending its shares down 12% to a record low on Tuesday.
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Japan To Open Borders From June 10 To Aid Hobbled Tourism Industry: Report
Japan's easing of a two-year ban on foreign tourists seeks to balance the enormous economic importance of tourism with concerns that travellers would trigger a Covid outbreak.
-
TSMC And Sony Considering Joint Chip Factory, Japan Government To Help: Report
Taiwan's TSMC and Japan's Sony Group Corp are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion).
-
Tokyo Games: Japan Announces Coronavirus Emergency Throughout Olympics
Tokyo Games: Prime Minister Yoshihide Suga said the emergency measures -- which are far looser than the harsh lockdowns seen in other parts of the world -- will be in place until August 22.
-
Chip Shortage In Focus As Japan Automakers Ready To Report Profit Drop
While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.
-
Japan Extends Coronavirus Emergency As Olympics Approach
The emergency measures, less strict than blanket lockdowns in other countries, had been due to end on May 11 but will now continue until the end of the month, Japanese Prime Minister Yoshihide Suga said.
-
Honda And Nissan To Sell A Quarter Of A Million Fewer Cars Because Of Chip Shortage
Japan's second and third largest automakers, Honda Motor and Nissan Motor, will sell a combined 250,000 fewer cars in the current financial year as a global shortage in semiconductor chips hits production.
-
Toyota Announces Halt In Plant Operations In UK, France Amid New Virus Fears
Toyota Motor Corp. is halting the work of its production facilities in the United Kingdom, as well as France, following the emergence of the new coronavirus strain, The Japan Times reports.
-
Japan's Long Run Of Falling Exports Slows As Auto Demand Perks Up
Japan's exports extended declines in October but at the slowest pace in almost two years, helped by improvement in Chinese- and U.S.-demand for cars and other items as the world's third-largest economy emerged from its worst postwar slump.
-
Honda Doubles Profit Forecast, Boosted By China Rebound
Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28% amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.
-
Japan Automakers Post 12% Slide In July Global Vehicle Sales
Global sales at Japanese automakers slipped 12.2% in July from last year, the fifth straight month of losses, as demand for cars remains sluggish after factories and dealerships reopened following coronavirus-related lockdowns earlier this year.
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Toyota Sees Higher Vehicle Output In Japan In September
Toyota Motor Corp on Friday said its domestic vehicle production would be 1% higher than initially planned in September, as its plants resume output levels following a steep drop because of the COVID-19 pandemic.
-
Mitsubishi Corp Forecasts $2.8 Billion Hit To Annual Profit From COVID-19
Japanese trading house Mitsubishi Corp said it had a difficult first quarter as net profit plunged 77% due to the coronavirus pandemic, which it said is likely to wipe 300 billion yen ($2.8 billion) off its full-year profit.
-
Suzuki First-Quarter Profit Nearly Wiped Out As Coronavirus Hits Sales
Suzuki Motor Corp on Monday saw its operating profit nearly wiped out during the first quarter because of plunging car demand in India, its biggest market, where coronavirus infections continue to increase.
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Nissan Forecasts Record $4.5 Billion Annual Loss As Pandemic Hinders Turnaround Efforts
Nissan Motor Co forecast on Tuesday its biggest-ever annual operating loss and said it expects vehicle sales to tumble 16% as the coronavirus pandemic hampers the company's efforts to turn around its business.
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Mitsubishi Motors Hits All-Time Low As ASEAN Sales Dive Raise Recovery Doubts
Japan's Mitsubishi Motors faced doubts about a quick recovery after posting dismal quarterly sales in its key Southeast Asia market partly due to the coronavirus outbreak, sending its shares down 12% to a record low on Tuesday.
