Edition:
United States

Naomi Tajitsu

Departure of Nissan's Saikawa hastened by independent directors - sources

Sep 12 2019

TOKYO/PARIS, Sept 12 The fate of Nissan CEO Hiroto Saikawa was sealed by two external directors who persuaded the board on Monday to oust the company veteran and spare the carmaker more reputational damage after a string of high-profile scandals, two sources said.

RPT-Recovery first: for next Nissan CEO, priority is profit before Renault partnership

Sep 10 2019

TOKYO, Sept 10 The next head of Nissan Motor Co will need to prioritise a recovery in profits at the troubled Japanese firm ahead of trying to fix its relationship with top shareholder Renault SA, executives and analysts say.

Recovery first: for next Nissan CEO, priority is profit before Renault partnership

Sep 10 2019

TOKYO The next head of Nissan Motor Co will need to prioritize a recovery in profits at the troubled Japanese firm ahead of trying to fix its relationship with top shareholder Renault SA, executives and analysts say.

Nissan's Saikawa bows to pressure, to quit as CEO on September 16

Sep 09 2019

YOKOHAMA Nissan Motor Co CEO Hiroto Saikawa will resign on Sept. 16, the automaker said on Monday, bowing to pressure after he admitted to being improperly overpaid and marking further upheaval at a company battered by scandal and plunging profit. | Video

Nissan probe finds CEO Saikawa, other execs overpaid in compliance failure: source

Sep 05 2019

TOKYO Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn. | Video

RPT-Caught in the trade war: resurgent yen poses risk for Japan Inc

Aug 12 2019

TOKYO, Aug 9 Japan Inc is caught in the crossfire of the trade war between the United States and China, as a resurgent yen threatens to sap profits and complicate the economic outlook.

Caught in the trade war: resurgent yen poses risk for Japan Inc

Aug 09 2019

TOKYO Japan Inc is caught in the crossfire of the trade war between the United States and China, as a resurgent yen threatens to sap profits and complicate the economic outlook.

Stronger yen prompts Toyota to trim profit forecast, saps Honda

Aug 02 2019

TOKYO Toyota Motor Corp lowered its annual profit forecast while Honda Motor Co turned in a double-digit decline in quarterly earnings as a resurgent yen hurt two of Japan's biggest automakers.

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