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United States

Ritsuko Shimizu

Japan's Sumitomo to focus on battery material supply to Panasonic, Toyota

Sep 13 2018

TOKYO Japan's Sumitomo Metal Mining Co Ltd (SMM) plans to focus on two key customers for its battery materials, Toyota Motor Corp and Panasonic Corp, supplier of car power packs to Tesla Inc, SMM's new president said.

Nippon Steel sees India as most promising market: executive

Aug 24 2018

TOKYO Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp sees India as the most promising market and wants to become "an insider" to capitalize on growth of the world's third-biggest steel market, a senior executive said.

Japan's Don Quijote: to hit one trillion yen sales target year early

Jun 18 2018

TOKYO Japanese discount retailer Don Quijote Holdings Co Ltd expects to hit its 1 trillion yen ($9.05 billion) sales target in the next financial year, a year earlier than forecast, a senior executive said on Monday.

Japan Tobacco to cut heated tobacco prices in battle with Philip Morris

May 31 2018

TOKYO Japan Tobacco Inc is set to slash prices on its heated tobacco products early next week after a similar move by bigger rival Philip Morris International Inc , signaling increased competition in Japan's nascent market for alternative cigarettes.

Sumitomo sees Ambatovy, Sierra Gorda metal projects turning profitable within three years

May 23 2018

TOKYO Japan's Sumitomo Corp sees its Ambatovy nickel-cobalt project in Madagascar and Sierra Gorda copper project in Chile turning profitable within three years, as the mines recover from repeated delays and damage from inclement weather.

Japan's Nippon Steel says solid demand mutes impact of U.S. duties

May 21 2018

TOKYO Strong global demand has helped cushion the impact on Nippon Steel & Sumitomo Metal Corp of new U.S. import duties, but Japan's top steelmaker remains worried Washington's trade barriers could lead to a glut in Asia, a much bigger market for the company.

Nippon Steel says solid demand mutes impact of U.S. duties

May 20 2018

TOKYO Strong global demand has helped cushion the impact on Nippon Steel & Sumitomo Metal Corp of new U.S. import duties, but Japan's top steelmaker remains worried Washington's trade barriers could lead to a glut in Asia, its much bigger market.

Japan brewery Kirin adopts healthier path in search for growth

Feb 22 2018

TOKYO Kirin Holdings Co Ltd aims to expand in health food and beverages, its chief executive said, as the Japanese brewery adopts a different strategy from rivals which have spent big on breweries abroad to offset a drop in domestic beer consumption.

Japan's JFE to focus on lighter steel in $6 billion upgrade, warns on U.S. trade policy

Feb 14 2018

TOKYO JFE Holdings Inc, parent of Japan's second-biggest steelmaker, plans to spend more than 650 billion yen ($6 billion) over the next three years upgrading domestic production facilities in a bid to raise productivity and competitiveness.

Japan Tobacco working on several possible M&A deals: CEO

Jan 17 2018

TOKYO Japan Tobacco Inc , which is on the hunt for overseas acquisitions to offset a shrinking home market, is working on several possible deals as it targets growth in Asian and other emerging markets, its new chief executive said on Wednesday.

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