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Lexus IS sedan

Lexus IS sedan

NAGOYA, Japan - File photo shows the hybrid model of Toyota Motor Corp.'s Lexus IS luxury sedan. Toyota Motor said on June 18, 2013, it has sold around 7,600 of the remodeled Lexus IS luxury sedans in Japan since the May 16, 2013, launch, nearly 10 times the initial sales target of 800 vehicles a month.

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2 biggest power firms see record losses on crude oil surge

2 biggest power firms see record losses on crude oil surge

TOKYO, Japan - Tokyo Electric Power Co. President Masataka Shimizu speaks at a news conference in Tokyo on July 28 as the company and Kansai Electric Power Co. -- Japan's two biggest power utilities -- anticipate record net losses for fiscal 2008 on a consolidated basis due to the recent surge in crude oil costs. Tokyo Electric said electricity charges for a standard household are likely to rise by 800 yen per month to around 7,600 yen from next January.

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