ILEA001097411: (1)Hokuriku Bank, Hokkaido Bank to merge in FY 2004

Chipmaker Kioxia debuts in one of Japan's biggest IPOs this year

TOKYO, Japan, Dec. 18 Kyodo - Japanese chipmaker Kioxia Holdings Corp. President Nobuo Hayasaka rings the bell during a ceremony at the Tokyo Stock Exchange in Tokyo on Dec. 18, 2024, as his company debuts on the TSE's top-tier Prime Market the same day in one of the country's biggest initial public offerings this year. (Kyodo)

Honda, Nissan eye merger

TOKYO, Japan, Dec. 18 Kyodo - The two major Japanese automakers are in talks on the possible establishment of a holding company in a bid to form a global alliance to challenge foreign electric vehicle makers, a source familiar with the deal said on Dec. 18, 2024. (Kyodo)

Mr. Uchida, President of Nissan Motor Co.

Makoto Uchida, 53, who took office as President and CEO of Nissan Motor Co. on January 1, held a press conference at the company's headquarters in Yokohama on February 2. Makoto Uchida, 53, held a press conference at the company's headquarters in Yokohama on February 2. He also spoke of Nissan's strengths as "employees and technology" and said, "Our mission is to develop these strengths. The current challenges are to restore trust in the company and rebuild its business performance. "He said, "We will steadily implement the foundation laid by the previous management team," and expressed his intention to promote structural reforms that combine fixed cost reductions through production rationalization and other measures with a growth strategy that includes the introduction of new models such as electric vehicles (EVs). (December 2, 2019, Nissan Motor Global Headquarters, Credit: Nikkan Kogyo Shimbun / Kyodo News Images)

Mitsubishi Chemical HD to make Mitsubishi Tanabe Pharma Corporation a wholly owned subsidiary

Mitsubishi Chemical Holdings (HD) announced on the 18th that it will invest up to 491.8 billion yen to make its consolidated subsidiary Mitsubishi Tanabe Pharma Corporation a wholly owned subsidiary. Currently, MCHC holds 56.39% of Mitsubishi Tanabe Pharma's shares, and will conduct a tender offer from January 19 to January 7, 2020, aiming to make Mitsubishi Tanabe Pharma its wholly owned subsidiary. At a press conference in Tokyo on January 18, MCHC President Hitoshi Ochi said, "The world is evolving greatly and healthcare is developing at a very fast pace. Mitsubishi Tanabe Pharma will also accelerate the overseas development of promising new drug candidates by using MCHC's human resources. The company will utilize the diverse resources of a comprehensive chemical manufacturer to efficiently create new businesses and enhance the earnings structure of a core healthcare company. (November 18, 2019, Tokyo, Japan; Credit: Nikkan Kogyo Shimbun / Kyodo News Images)

Bank of Yokohama, Higashi-Nippon Bank agree to merge

TOKYO, Japan - Bank of Yokohama President Tatsumaro Terazawa (L) and Higashi-Nippon Bank President Michito Ishii shake hands in Tokyo on Nov. 14, 2014, following the two regional banks' agreement to launch merger talks.

TonenGeneral to buy Mitsui Oil to create 3rd largest oil wholesaler

TOKYO, Japan - Jun Muto, president of oil wholesaler TonenGeneral Sekiyu K.K., announces at a news conference in Tokyo on Dec. 18, 2013, that the company will acquire a stake of nearly 90 percent in Mitsui Oil Co. for 24.9 billion yen from the trader on Feb. 4. The acquisition would allow the TonenGeneral group to rival Cosmo Oil Co. as Japan's third-largest oil wholesaler in terms of sales following JX Holdings Inc. and Idemitsu Kosan Co.

JR Hokkaido apologizes for data falsification

SAPPORO, Japan - Makoto Nojima (C), president of Hokkaido Railway Co., known as JR Hokkaido, bows with others at a press conference at the company's headquarters in Sapporo, Hokkaido, on Nov. 13, 2013, where he apologized over the railway operator's falsification of maintenance data.

JR Hokkaido finds in-house maintenance rule violations

SAPPORO, Japan - Makoto Nojima, president of Hokkaido Railway Co., tells a press conference at the company's head office in Sapporo on Sept. 22, 2013, that it has found violations of its in-house track maintenance rules at a total of 97 locations on its railway lines.

Nissan logs 341 bil. yen net profit for FY 2011

TOKYO, Japan - Nissan Motor Co. Chief Executive Officer Carlos Ghosn speaks during a press conference at the company's head office in Yokohama, near Tokyo, on May 11, 2012. Nissan reported a consolidated net profit of 341.43 billion yen for financial 2011, up 7.0 percent from the year before, exceeding Toyota Motor Corp.'s 283.56 billion yen to become the best-performing Japanese automaker.

Hamaoka nuclear plant to be suspended

NAGOYA, Japan - Chubu Electric Power Co. President Akihisa Mizuno speaks in a press conference at the company's head office in Nagoya on May 9, 2011. He said the utility decided that day to suspend operation of the Hamaoka nuclear power station in Shizuoka Prefecture, as requested by Prime Minister Naoto Kan as there are concerns a quake could hit the area and cause a crisis similar to that at the Fukushima Daiichi nuclear plant. (Kyodo)

(1)Hokuriku Bank, Hokkaido Bank to merge in FY 2004

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