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U.S. defense chief Gates

WASHINGTON, United States - U.S. Defense Secretary Robert Gates speaks at a press conference at the Department of Defense in Washington on Aug. 9, 2010. Gates announced a drastic plan to downsize both the department and the military amid the tough economic times.

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Japan retains economic assessment

TOKYO, Japan - Prime Minister Naoto Kan (2nd from R) attends a Cabinet ministers meeting on the government's monthly economic assessment at the premier's office in Tokyo on July 21, 2010. In the report for July, Japan kept the economic assessment, while noting the downsize risks attributed to the development of the U.S. economy.

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DPJ leader Okada meets press

TOKYO, Japan - Opposition Democratic Party of Japan leader Katsuya Okada speaks during a news conference at the party headquarters in Tokyo on Aug. 16. The party said in its manifesto for the upcoming Sept. 11 general election that it will reduce state expenditures by 10 trillion yen over three years through fiscal 2008 and downsize postal funds if it forms the next government.

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Sumo association to downsize provincial tours

TOKYO, Japan - Tokitsukaze (L), chairman of the Japan Sumo Association (JSA), and Sumo elder Futagoyama in charge of the JSA's regional training tours, meet the press at Ryogoku Kokugikan in Tokyo's Sumida Ward on May 7. They said the JSA will downsize its regional training tours, which have ceased to be profitable over the last few years.

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Japan banks

A man walks in front of a Bank of Tokyo-Mitsubishi UFJ branch in Tokyo's Shimbashi area on Dec. 30, 2017. The bank is among several in Japan that have announced plans to downsize amid falling demand and advances in fintech. (Kyodo) ==Kyodo

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DPJ leader Okada meets press

TOKYO, Japan - Opposition Democratic Party of Japan leader Katsuya Okada speaks during a news conference at the party headquarters in Tokyo on Aug. 16. The party said in its manifesto for the upcoming Sept. 11 general election that it will reduce state expenditures by 10 trillion yen over three years through fiscal 2008 and downsize postal funds if it forms the next government. (Kyodo)

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Japan retains economic assessment

TOKYO, Japan - Prime Minister Naoto Kan (2nd from R) attends a Cabinet ministers meeting on the government's monthly economic assessment at the premier's office in Tokyo on July 21, 2010. In the report for July, Japan kept the economic assessment, while noting the downsize risks attributed to the development of the U.S. economy. (Kyodo)

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U.S. defense chief Gates

WASHINGTON, United States - U.S. Defense Secretary Robert Gates speaks at a press conference at the Department of Defense in Washington on Aug. 9, 2010. Gates announced a drastic plan to downsize both the department and the military amid the tough economic times. (Kyodo)

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Mitsubishi Aircraft to scale down passenger jet development operation

File photo taken on March 18, 2020, shows a new prototype of Mitsubishi Aircraft Corp.'s SpaceJet passenger jet at Nagoya airport in Aichi Prefecture, central Japan. Mitsubishi Aircraft said June 15, 2020, that it will downsize and reshuffle the team developing Japan's first passenger jet in the face of plunging air travel demand due to the new coronavirus pandemic, in a move that could further delay the aircraft's launch. (Kyodo) ==Kyodo

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Mitsubishi Aircraft to scale down passenger jet development operation

File photo taken on March 18, 2020, shows a new prototype of Mitsubishi Aircraft Corp.'s SpaceJet passenger jet at Nagoya airport in Aichi Prefecture, central Japan. Mitsubishi Aircraft said June 15, 2020, that it will downsize and reshuffle the team developing Japan's first passenger jet in the face of plunging air travel demand due to the new coronavirus pandemic, in a move that could further delay the aircraft's launch. (Kyodo) ==Kyodo

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Mitsubishi Aircraft to scale down passenger jet development operation

File photo taken in March 2020 shows a new prototype of Mitsubishi Aircraft Corp.'s SpaceJet passenger jet at Nagoya airport in Aichi Prefecture, central Japan. Mitsubishi Aircraft said June 15, 2020, that it will downsize and reshuffle the team developing Japan's first passenger jet in the face of plunging air travel demand due to the new coronavirus pandemic, in a move that could further delay the aircraft's launch. (Kyodo) ==Kyodo

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Sumo association to downsize provincial tours

TOKYO, Japan - Tokitsukaze (L), chairman of the Japan Sumo Association (JSA), and Sumo elder Futagoyama in charge of the JSA's regional training tours, meet the press at Ryogoku Kokugikan in Tokyo's Sumida Ward on May 7. They said the JSA will downsize its regional training tours, which have ceased to be profitable over the last few years.