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Mazda begins leasing hydrogen-gas hybrid

HIROSHIMA, Japan - Photo shows the Premacy Hydrogen RE Hybrid, a hydrogen-gasoline hybrid vehicle produced by Mazda Motor Corp. Mazda announced March 25 it has become the world's first automaker to begin commercial leasing of hydrogen-gasoline hybrid vehicles.

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Japan Post, Orix agree to cancel 'Kampo-no-yado' inn network sale

TOKYO, Japan - Japan Post Holdings Co. President Yoshifumi Nishikawa is surrounded by reporters and photographers at the Internal Affairs and Communications Ministry in Tokyo on Feb. 13 after talks with communication minister Kunio Hatoyama. Nishikawa was quoted as telling Hatoyama that Japan Post and leasing firm Orix Corp. have agreed to cancel a controversial 10.9 billion yen contract for Japan Post's sale of 70 ''Kampo-no-yado'' inns and nine housing facilities to Orix.

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Japan Post, Orix agree to cancel 'Kampo-no-yado' inn network sale

TOKYO, Japan - Internal Affairs and Communications Minister Kunio Hatoyama speaks to reporters at his ministry in Tokyo on Feb. 13 after talks with Japan Post Holdings Co. President Yoshifumi Nishikawa. Hatoyama said Japan Post and leasing firm Orix Corp. have agreed to cancel a controversial 10.9 billion yen contract for Japan Post's sale of 70 ''Kampo-no-yado'' inns and nine housing facilities to Orix.

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Nissan begins leasing fuel-cell vehicles

YOKOHAMA, Japan - Itaru Koeda (L), co-chairman of Nissan Motor Co., gives Cosmo Oil Co. Chairman and President Keiichiro Okabe a key for an X-Trail FCV fuel-cell vehicle March 29 in Yokohama. Nissan began leasing the vehicle the same day following in the footsteps of rivals Toyota Motor Corp. and Honda Motor Co. in efforts to promote commercial use of environment-friendly fuel-cell cars.

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Nissan to test-drive fuel-cell vehicle on public roads

TOKYO, Japan - Nissan Motor Co. said Dec. 10 it has gained government approval to test-drive its fuel-cell powered sports-utility vehicle, X-Trail FCV (in photo), on public roads in order to start leasing fuel-cell vehicles in 2003. Nissan will be the third Japanese automaker to launch a fuel-cell vehicle, after Toyota Motor Corp. and Honda Motor Co. launched such cars Dec. 2.

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Honda to lease fuel cell vehicle in Japan, U.S.

TOKYO, Japan - Honda Motor Co. will lease its fuel cell vehicle FCX (photo) in Japan and the United States from Dec. 2, the same date that rival Toyota Motor Corp. will start leasing its own fuel cell vehicle. The four-seat FCX, which uses hydrogen instead of gasoline as its power source, can run at a maximum speed of 150 kilometers per hour and can travel about 355 km on one tank of hydrogen. It will be leased for 800,000 yen a month under a 12-month contract, 400,000 yen lower than the leasing fee set by Toyota for its FCHV sport utility vehicle.

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Toyota to launch hydrogen car in Japan Dec. 2

NAGOYA, Japan - Toyota Motor Corp. will start leasing the Toyota FCHV (fuel-cell hybrid vehicle) (photo) to four central government agencies on Dec. 2 in a move that will bring it closer to becoming the world's first automaker to launch a fuel-cell vehicle. The FCHV is powered by electricity generated by the chemical reaction between hydrogen in an onboard tank and oxygen in the air. It generates no pollution, and the only by-product of the reaction is water.

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FRC inks accord to sell NCB to Softbank-led group

TOKYO, Japan - Tadayo Homma (L), next president of Nippon Credit Bank (NCB), joins hand with Shunsuke Takeda (2nd from L), vice president of leasing company Orix Corp., Softbank Corp. founder and President Masayoshi Son (3rd from L), and Tomochika Iwashita (R), managing director of Tokio Marine & Fire Insurance Co., at a Tokyo hotel on June 6 after the government's Financial Reconstruction Commission (FRC) and Deposit Insurance Corp. (DIC) signed a basic agreement earlier in the day to sell the nationalized NCB to the tripartite consortium led by Softbank.

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LTCB nonbank affiliate Japan Leasing goes under

Hiroaki Okamoto (C), president of Japan Leasing Corp., one of three nonbank affiliates of the ailing Long-Term Credit Bank of Japan (LTCB), bows his head low Sept. 28 at the end of a press meeting. He said Japan Leasing went bankrupt as it filed for court protection from its creditors under the Corporate Rehabilitation Law.

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Orix to list on NYSE

Yoshihiko Miyauchi (C), president of Orix Corp., joins a ''taiko'' drum performance to celebrate his company's listing on the New York Stock Exchange (NYSE) on Wednesday Sept. 16. Orix, the largest leasing firm in Japan, became the country's first company since 1994 to list on the NYSE. Richard Grasso (second from R), chairman of the NYSE, also joined the performance outside the NYSE building.

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Japan Post, Orix agree to cancel 'Kampo-no-yado' inn network sale

TOKYO, Japan - Internal Affairs and Communications Minister Kunio Hatoyama speaks to reporters at his ministry in Tokyo on Feb. 13 after talks with Japan Post Holdings Co. President Yoshifumi Nishikawa. Hatoyama said Japan Post and leasing firm Orix Corp. have agreed to cancel a controversial 10.9 billion yen contract for Japan Post's sale of 70 ''Kampo-no-yado'' inns and nine housing facilities to Orix. (Kyodo)

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Japan Post, Orix agree to cancel 'Kampo-no-yado' inn network sale

TOKYO, Japan - Japan Post Holdings Co. President Yoshifumi Nishikawa is surrounded by reporters and photographers at the Internal Affairs and Communications Ministry in Tokyo on Feb. 13 after talks with communication minister Kunio Hatoyama. Nishikawa was quoted as telling Hatoyama that Japan Post and leasing firm Orix Corp. have agreed to cancel a controversial 10.9 billion yen contract for Japan Post's sale of 70 ''Kampo-no-yado'' inns and nine housing facilities to Orix. (Kyodo)

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Toyota to lease 500 plug-in hybrids globally

TOKYO, Japan - This photo shows Toyota Motor Corp.'s plug-in hybrid car which is based on its new low-cost Prius model and can be recharged from a household power supply grid. Toyota said on June 3 it will begin leasing about 500 units of the plug-in hybrid cars in Japan, the United States and Europe from the end of this year. (Kyodo)

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LTCB nonbank affiliate Japan Leasing goes under

Hiroaki Okamoto (C), president of Japan Leasing Corp., one of three nonbank affiliates of the ailing Long-Term Credit Bank of Japan (LTCB), bows his head low Sept. 28 at the end of a press meeting. He said Japan Leasing went bankrupt as it filed for court protection from its creditors under the Corporate Rehabilitation Law. ==Kyodo

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M'bishi Aircraft wins order from Swedish firm for up to 20 MRJs

Mitsubishi Aircraft Corp President Hiromichi Morimoto (L) and Niklas Lund, president of Rockton AB, a regional aircraft leasing company, hold a contract document on July 11, 2016, in Farnborough, Britain, after the Japanese company won an order to deliver up to 20 units of the Mitsubishi Regional Jet to the Swedish firm. Rockton is the first European company and second airplane leasing company to select the MRJ, Japan's first domestically produced small passenger jet. (Kyodo) ==Kyodo

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Orix-led consortium begins running airports in western Japan

Aircraft are parked on April 1, 2016, at Kansai International Airport near Osaka. Kansai International Airport and Osaka International Airport in western Japan began running the same day under the management of Kansai Airports, a consortium led by Japanese leasing company Orix Corp. and Vinci Airports of France, replacing a debt-saddled state-backed company. (Kyodo) ==Kyodo

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Orix-led consortium begins running airports in western Japan

Posters in a lobby at Kansai International Airport near Osaka announce a change in the airport's management on April 1, 2016. Kansai International Airport and Osaka International Airport in western Japan began running the same day under the management of Kansai Airports, a consortium led by Japanese leasing company Orix Corp. and Vinci Airports of France, replacing a debt-saddled state-backed company. (Kyodo) ==Kyodo

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Orix-led consortium begins running airports in western Japan

A "maiko" apprentice geisha welcomes a foreign tourist at Kansai International Airport near Osaka on April 1, 2016. Kansai International Airport and Osaka International Airport in western Japan began running the same day under the management of Kansai Airports, a consortium led by Japanese leasing company Orix Corp. and Vinci Airports of France, replacing a debt-saddled state-backed company. (Kyodo) ==Kyodo

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Mazda begins leasing hydrogen-gas hybrid

HIROSHIMA, Japan - Photo shows the Premacy Hydrogen RE Hybrid, a hydrogen-gasoline hybrid vehicle produced by Mazda Motor Corp. Mazda announced March 25 it has become the world's first automaker to begin commercial leasing of hydrogen-gasoline hybrid vehicles. (Kyodo)

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Nissan to test-drive fuel-cell vehicle on public roads

TOKYO, Japan - Nissan Motor Co. said Dec. 10 it has gained government approval to test-drive its fuel-cell powered sports-utility vehicle, X-Trail FCV (in photo), on public roads in order to start leasing fuel-cell vehicles in 2003. Nissan will be the third Japanese automaker to launch a fuel-cell vehicle, after Toyota Motor Corp. and Honda Motor Co. launched such cars Dec. 2. (Kyodo)

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Honda to lease fuel cell vehicle in Japan, U.S.

TOKYO, Japan - Honda Motor Co. will lease its fuel cell vehicle FCX (photo) in Japan and the United States from Dec. 2, the same date that rival Toyota Motor Corp. will start leasing its own fuel cell vehicle. The four-seat FCX, which uses hydrogen instead of gasoline as its power source, can run at a maximum speed of 150 kilometers per hour and can travel about 355 km on one tank of hydrogen. It will be leased for 800,000 yen a month under a 12-month contract, 400,000 yen lower than the leasing fee set by Toyota for its FCHV sport utility vehicle. (Kyodo)

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Toyota to launch hydrogen car in Japan Dec. 2

NAGOYA, Japan - Toyota Motor Corp. will start leasing the Toyota FCHV (fuel-cell hybrid vehicle) (photo) to four central government agencies on Dec. 2 in a move that will bring it closer to becoming the world's first automaker to launch a fuel-cell vehicle. The FCHV is powered by electricity generated by the chemical reaction between hydrogen in an onboard tank and oxygen in the air. It generates no pollution, and the only by-product of the reaction is water. (Kyodo)

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FRC inks accord to sell NCB to Softbank-led group

TOKYO, Japan - Tadayo Homma (L), next president of Nippon Credit Bank (NCB), joins hand with Shunsuke Takeda (2nd from L), vice president of leasing company Orix Corp., Softbank Corp. founder and President Masayoshi Son (3rd from L), and Tomochika Iwashita (R), managing director of Tokio Marine & Fire Insurance Co., at a Tokyo hotel on June 6 after the government's Financial Reconstruction Commission (FRC) and Deposit Insurance Corp. (DIC) signed a basic agreement earlier in the day to sell the nationalized NCB to the tripartite consortium led by Softbank.

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Orix to list on NYSE

Yoshihiko Miyauchi (C), president of Orix Corp., joins a ''taiko'' drum performance to celebrate his company's listing on the New York Stock Exchange (NYSE) on Wednesday Sept. 16. Orix, the largest leasing firm in Japan, became the country's first company since 1994 to list on the NYSE. Richard Grasso (second from R), chairman of the NYSE, also joined the performance outside the NYSE building.