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Japan's industrial output rises 0.8 pct in March

STORY: Japan's industrial output rises 0.8 pct in March DATELINE: April 28, 2023 LENGTH: 00:00:42 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of ports and industrial manufacturing in Japan STORYLINE: Japan's industrial output rose from a month earlier in March, marking the second straight month of increase, the Ministry of Economy, Trade and Industry said in a report on Friday. According to the ministry, industrial output in March rose 0.8 percent from the previous month, with the seasonally adjusted index of output at factories and mines standing at 95.7 against the base of 100 for 2015. The figure for March follows an upwardly revised 4.6 percent increase logged in February, the ministry's data showed. The ministry's data set also showed the index of industrial shipments were up 0.4 percent to 93.1, while inventories gained 0.6 percent to 104.1 in the recording period. Industrial output fell 0.2 percent from the previous year in fiscal 2022 ended March, the ministry also said. The minis

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Japan, U.S. agree to return portion of Futenma base in FY 2017

ITOMAN, Japan, Dec. 4 Kyodo - File photo taken from a Kyodo News helicopter in October 2015 shows the U.S. Marine Corps' Futenma Air Station in Ginowan in Japan's southernmost prefecture of Okinawa. Japan and the United States announced on Dec. 4 an agreement on returning part of the area circled ahead of schedule in fiscal 2017, as part of efforts to ease Okinawa's burden of hosting U.S. military installations.

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OECD urges Japan to implement bold structural reforms

TOKYO, April 15 Kyodo - Angel Gurria, secretary general of the Organization for Economic Cooperation and Development, holds a press conference at the Japan National Press Club in Tokyo on April 15, 2015. The Paris-based club of 34 wealthy nations urged Japan in its policy proposal the same day to implement bold structural reforms to boost economic growth and map out a "credible" plan to restore its precarious fiscal health.

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Funassyi receives award from Chiba police

CHIBA, April 14 Kyodo - Japan's favorite "pear fairy" mascot, Funassyi (R), receives a certificate of appreciation from Chiba prefectural police chief, Yoshihide Kuroki, for its efforts as a special recruiter of police officers in Chiba, a job he assumed in April 2014, at the prefectural police headquarters on April 14, 2015. According to the police, the pass rate for the prefectural police employment test for fiscal 2014 came to 5.6, 0.3 points higher than the previous year, putting a brake on the declining trend in recent years.

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Panasonic vows 1 tril. yen investment toward FY 2018 sales goal

TOKYO, March 26 Kyodo - Kazuhiro Tsuga, president of Panasonic Corp., briefs reporters on the company's business plan for the fiscal year through March 2016 in Tokyo on March 26, 2015. Tsuga said Panasonic Corp. will spend 1 trillion yen ($844 billion) to carry out "strategic investment" projects centering on mergers and acquisitions, to increase annual sales to 10 trillion yen by fiscal 2018.

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Sharp expected to post 200 bil. yen net loss

OSAKA, March 3 Kyodo - The headquarters of Japanese electronics maker Sharp Corp. stands in the city of Osaka, western Japan, on March 3, 2015. The company is expected to incur about 200 billion yen ($1.7 billion) in group net loss for the fiscal year to March 31 as it is considering additional restructuring steps, including the closure of four factories in Hiroshima Prefecture, sources close to the matter said the same day.

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Cabinet OKs record 96.34 tril. yen budget for FY 2015

TOKYO, Japan - (From L) Economic and Fiscal Policy Minister Akira Amari, Prime Minister Shinzo Abe and Finance Minister Taro Aso attend an extraordinary Cabinet meeting in Tokyo, Japan, on Jan. 14, 2015. The Cabinet approved a record-high 96.34 trillion yen ($810.97 billion) general-account budget for fiscal 2015.

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Cabinet OKs record 96.34 tril. yen budget for FY 2015

TOKYO, Japan - Japanese Prime Minister Shinzo Abe enters his office to attend an extraordinary Cabinet meeting in Tokyo on Jan. 14, 2015. The Cabinet approved a record-high 96.34 trillion yen ($810.97 billion) general-account budget for fiscal 2015.

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FY 2015 budget likely to total record 96.34 tril. yen

TOKYO, Japan - Prime Minister Shinzo Abe (3rd from L) attends a meeting between the government and the ruling camp led by his Liberal Democratic Party on Jan. 12, 2015, in Tokyo. The government said Japan's general account budget for fiscal 2015 will total a record-high 96.34 trillion yen, up from 95.88 trillion yen the previous year.

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Kyocera to launch fuel cells in FY 2016

OSAKA, Japan - Kyocera Corp. President Goro Yamaguchi takes part in an interview with Kyodo News in Osaka on Jan. 9, 2015. He said the electronic device maker plans to launch fuel cells in Japan for housing complexes and factories in fiscal 2016 ending in March 2017, with overseas sales also eyed.

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Cabinet OKs 3.12 tril. yen extra budget for stimulus steps

TOKYO, Japan - Japanese Prime Minister Shinzo Abe (2nd from R) and his ministers attend an extraordinary Cabinet meeting on Jan. 9, 2015, in Tokyo to endorse a 3.12 trillion yen supplementary budget for fiscal 2014 to fund an economic stimulus package aimed at bolstering domestic demand curtailed by the April 1 consumption tax hike and weaker yen.

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Kyocera's durable smartphones popular overseas

OSAKA, Japan - One of the durable smartphones Kyocera Corp. is set to sell in Latin America in 2015 is shown in this undated photo. The Japanese company's consolidated sales in its telecommunications business for fiscal 2014 ending March 31, 2015, are expected to show a 10 percent year-on-year rise thanks to brisk overseas demand.

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Abe vows to "steadily achieve" fiscal reform goal in FY 2015

TOKYO, Japan - Japanese Prime Minister Shinzo Abe (C) attends a meeting of the Council on Economic and Fiscal Policy on Dec. 22, 2014, in Tokyo. Abe said the government will "make every effort to steadily achieve" its fiscal rehabilitation goal in fiscal 2015, while promising to streamline public spending without exception.

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New antivirus hospital operating room to go on sale

OSAKA, Japan - Kikuo Toyoda, senior managing director at major industrial gas and medical product supplier Air Water Inc., speaks at a news conference in Osaka, western Japan, on Nov. 18, 2014, about the company's new antivirus hospital operating room that will be available from April 2015. Air Water aims to win contracts for 100 rooms in the first fiscal year.

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Honda shows fuel-cell car 'Honda FCV Concept'

TOKYO, Japan - Honda Motor Co.'s fuel-cell vehicle "Honda FCV Concept" is shown to the press in Tokyo on Nov. 17, 2014. The automaker plans to start sales of its commercial version based on the prototype in fiscal 2015 in Japan.

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Minister eyes over 2.5%-point cut in Japan's corporate tax

TOKYO, Japan - Economy, Trade and Industry Minister Yoichi Miyazawa answers reporters' questions at a hotel in Tokyo on Nov. 10, 2014, on Japan's current 35 percent effective corporate tax rate. Miyazawa said he will aim for a cut of "more than 2.5 percentage points" in the tax rate in the fiscal year starting April 2015.

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Softbank cuts profit forecast

TOKYO, Japan - Masayoshi Son (R), president of Softbank Corp., announces the company's earnings forecast for fiscal 2014 at a press conference in Tokyo on Nov. 4, 2014. Softbank cut its group operating profit forecast for the year through March 2015 to 900 billion yen from 1 trillion yen, citing a slump at its U.S. mobile unit Sprint Corp.

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Gov't plans to deploy SDF Osprey aircraft in Saga

TOKYO, Japan - Defense Minister Itsunori Onodera meets with reporters in Tokyo, Japan, on July 20, 2014. He said the Self-Defense Forces plan to deploy Osprey transport aircraft at Saga airport in southwestern Japan when the U.S. tilt-rotor planes are introduced in fiscal 2015.

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Amari vows to cut Japan's corporate tax rate below 30% within 5 yrs

TOKYO, Japan - Economic and fiscal policy minister Akira Amari attends a press conference in Tokyo on July 3, 2014. He pledged to cut Japan's 35 percent effective corporate tax rate to below 30 percent within five years from the next fiscal year starting April 2015.

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Fukushima Gov. Sato speaks to reporters in Tokyo

TOKYO, Japan - Fukushima Gov. Yuhei Sato speaks to reporters at the prime minister's office in Tokyo on June 11, 2014, following his meeting with Chief Cabinet Secretary Yoshihide Suga. Sato asked Suga to extend the five-year "concentrated reconstruction period" designated through fiscal 2015 by the government in response to the Great East Japan Earthquake and the subsequent accident at the Fukushima Daiichi nuclear power plant.

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Sony vows to complete restructuring in FY 2014

TOKYO, Japan - Sony Corp. President Kazuo Hirai announces the company's management policy for fiscal 2014, at a press conference at Sony's headquarters in Tokyo on May 22, 2014. Hirai vowed to complete a series of restructuring measures in the business year through March 31, 2015, by selling off the company's personal computer business and drastically cutting costs to revive its flagging electronics operations.

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Sony vows to complete restructuring in FY 2014

TOKYO, Japan - Sony Corp. President Kazuo Hirai announces the company's management policy for fiscal 2014, at a press conference at Sony's headquarters in Tokyo on May 22, 2014. Hirai vowed to complete a series of restructuring measures in the business year through March 31, 2015, by selling off the company's personal computer business and drastically cutting costs to revive its flagging electronics operations.

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BOJ chief Kuroda

TOKYO, Japan - Haruhiko Kuroda, governor of the Bank of Japan, holds a press conference at the BOJ head office in Tokyo after a one-day policy meeting of the central bank on April 30, 2014. The BOJ said the country's consumer prices will likely rise around 2 percent in fiscal 2015 and fiscal 2016.

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BOJ chief Kuroda

TOKYO, Japan - Haruhiko Kuroda, governor of the Bank of Japan, holds a press conference at the BOJ head office in Tokyo after a one-day policy meeting of the central bank on April 30, 2014. The BOJ said the country's consumer prices will likely rise around 2 percent in fiscal 2015 and fiscal 2016.

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BOJ chief Kuroda

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda delivers a speech in Tokyo on March 20, 2014. Kuroda reiterated the central bank's view that the country's inflation rate is likely to reach 2 percent in late fiscal 2014 to fiscal 2015, saying the economy is on track to achieve the central bank's inflation target.

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BOJ chief Kuroda

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda delivers a speech in Tokyo on March 20, 2014. Kuroda reiterated the central bank's view that the country's inflation rate is likely to reach 2 percent in late fiscal 2014 to fiscal 2015, saying the economy is on track to achieve the central bank's inflation target.

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Gov. Haruhiko Kuroda gestures during a press conference at the BOJ's headquarters in Tokyo on Jan. 22, 2014, after a two-day Policy Board meeting. The nine-member Policy Board unanimously decided that the central bank will continue with its large-scale monetary easing policy and keep unchanged its consumer price outlook for fiscal 2015 at 1.9 percent.

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Gov. Haruhiko Kuroda answers questions from reporters at the BOJ's headquarters in Tokyo on Jan. 22, 2014, after a two-day Policy Board meeting. The nine-member Policy Board unanimously decided that the central bank will continue with its large-scale monetary easing policy and keep unchanged its consumer price outlook for fiscal 2015 at 1.9 percent.

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Gov. Haruhiko Kuroda answers questions from reporters at the BOJ's headquarters in Tokyo on Jan. 22, 2014, after a two-day Policy Board meeting. The nine-member Policy Board unanimously decided that the central bank will continue with its large-scale monetary easing policy and keep unchanged its consumer price outlook for fiscal 2015 at 1.9 percent.

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Gov't panel OKs action plan for growth strategy

TOKYO, Japan - Prime Minister Shinzo Abe (L side, 2nd from front) speaks at a meeting of a government panel on reviving the Japanese economy, at the prime minister's office in Tokyo on Jan. 21, 2014. The government panel approved an action plan to accelerate its economic growth strategy, under which it has designated the year through the end of fiscal 2015 as an "intensive investment promoting period."

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Gov't panel OKs action plan for growth strategy

TOKYO, Japan - Prime Minister Shinzo Abe (2nd from L) speaks at a meeting of a government panel on reviving the Japanese economy, at the prime minister's office in Tokyo on Jan. 21, 2014. The government panel approved an action plan to accelerate its economic growth strategy, under which it has designated the year through the end of fiscal 2015 as an "intensive investment promoting period." Economic revitalization minister Akira Amari is to Abe's left.

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BOJ policy meeting

TOKYO, Japan - Haruhiko Kuroda (L back), governor of the Bank of Japan, holds a press conference after the BOJ's policy board meeting at the central bank's headquarters in Tokyo on Oct. 31, 2013. The BOJ said it expects the country's inflation rate to reach 1.9 percent in fiscal 2015, almost achieving its target of 2 percent in about two years, buoyed by its drastic monetary easing steps adopted in April 2013.

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BOJ policy meeting

TOKYO, Japan - Haruhiko Kuroda, governor of the Bank of Japan, holds a press conference after the BOJ's policy board meeting at the central bank's headquarters in Tokyo on Oct. 31, 2013. The BOJ said it expects the country's inflation rate to reach 1.9 percent in fiscal 2015, almost achieving its target of 2 percent in about two years, buoyed by its drastic monetary easing steps adopted in April 2013.

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BOJ expects inflation rate to reach 1.9% in FY 2015

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda holds a press conference at the BOJ's head office in Tokyo on April 26, 2013. The central bank said the same day it expects Japan's inflation rate to reach 1.9 percent in fiscal 2015, almost achieving its target of 2 percent in about two years, backed by its aggressive monetary easing.

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Panasonic on business plan

TOKYO, Japan - Panasonic Corp. President Kazuhiro Tsuga speaks at a press conference in Tokyo on March 28, 2013 about the Japanese electronics manufacturer's medium-term business plan. Tsuga said the company will strive to return all its business units to the black in fiscal 2015.

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Hitachi aims to quadruple sales in Brazil by FY 2015

SAO PAULO, Brazil - Hiroaki Nakanishi, president of Hitachi Ltd., speaks at a press conference in Sao Paulo on July 24, 2012. Nakanishi said the Japanese electronics maker aims to quadruple its sales in Brazil to 120 billion yen by the end of fiscal 2015 by investing 24 billion yen in the country by fiscal 2015.

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Toshiba president Sasaki in interview

TOKYO, Japan - Toshiba Corp. President Norio Sasaki speaks during an interview in Tokyo on April 14, 2011. He said the company may be forced to revise its plan to win orders to build 39 nuclear reactors around the world by fiscal 2015 following the nuclear power plant accident in Fukushima Prefecture triggered by the March 11 earthquake and tsunami disaster.

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Fuji Heavy targets global sales of 800,000 to 900,000 cars in FY 2015

TOKYO, Japan - Ikuo Mori, president of Japanese auto manufacturer Fuji Heavy Industries Ltd., speaks during a recent interview with Kyodo News. He said the company has set a global sales target of 800,000 to 900,000 cars for fiscal 2015, over 20 percent more than the goal for fiscal 2010.

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Japan to focus subsidies on productive farmers

TOKYO, Japan - Hironori Yagi (L), chairman of the Council of Food, Agriculture and Rural Area Policies, hands a report containing a 10-year plan on basic agriculture policy to Agriculture, Forestry and Fisheries Minister Yoshinobu Shimamura on March 9. The policy focused on paying subsidies to productive farmers and raising Japan's food self-sufficiency rate to 45 percent by fiscal 2015.

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Japan to focus subsidies on productive farmers

TOKYO, Japan - Hironori Yagi (L), chairman of the Council of Food, Agriculture and Rural Area Policies, hands a report containing a 10-year plan on basic agriculture policy to Agriculture, Forestry and Fisheries Minister Yoshinobu Shimamura on March 9. The policy focused on paying subsidies to productive farmers and raising Japan's food self-sufficiency rate to 45 percent by fiscal 2015. (Kyodo)

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Abe vows efforts to popularize fuel cell vehicles

Prime Minister Shinzo Abe (R) fills a fuel cell vehicle with hydrogen during the opening ceremony for a hydrogen station set up in Tokyo's Minato Ward by Iwatani Corp. on April 13, 2015. During the ceremony, Abe vowed efforts to popularize fuel cell vehicles, including implementing a government plan to install 100 hydrogen stations for commercial use across the country in fiscal 2015. (Pool photo)(Kyodo) ==Kyodo

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Abe vows efforts to popularize fuel cell vehicles

Prime Minister Shinzo Abe (C) fills a fuel cell vehicle with hydrogen during the opening ceremony for a hydrogen station set up in Tokyo's Minato Ward by Iwatani Corp. on April 13, 2015. During the ceremony, Abe vowed efforts to popularize fuel cell vehicles, including implementing a government plan to install 100 hydrogen stations for commercial use across the country in fiscal 2015. (Pool photo)(Kyodo) ==Kyodo

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JAXA shows Mercury probe to press

The Japan Aerospace Exploration Agency displays its Mercury Magnetospheric Orbiter in Sagamihara, Kanagawa Prefecture, to the press in March 2015. The probe is due to be launched during fiscal 2016 and start observation in 2024. (Kyodo) ==Kyodo

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BOJ keeps key policy steady, cuts FY 2015 inflation outlook

Bank of Japan Governor Haruhiko Kuroda heads for a meeting on the second day of a two-day monetary policy gathering at the BOJ headquarters in Tokyo on Jan. 21, 2015. The BOJ cut its inflation forecast for the next fiscal year, as the recent plunge in oil prices has put pressure on price increases, but decided to maintain its key easing monetary policy and assessment of the economy. (Kyodo) ==Kyodo

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Toshiba revises FY 2015 earnings results

Masayoshi Hirata, chief financial officer of Toshiba Corp., holds a press conference in Tokyo on May 23, 2016, to correct the company's fiscal 2015 earnings results released earlier in the month. (Kyodo) ==Kyodo

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Toshiba logs net loss for 2nd straight year after scandal

Masayoshi Hirata, chief financial officer of Toshiba Corp., briefs reporters on the company's group financial results for fiscal 2015 during a press conference at the company's headquarters in Tokyo on May 12, 2016. Toshiba posted a group net loss of 483.23 billion yen ($4.44 billion) for the year due to a write-down of nuclear and other businesses as well as restructuring, as it continued to struggle in the wake of an accounting scandal. (Kyodo) ==Kyodo

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Toyota forecasts sharp profit falls amid stronger yen

Toyota Motor Corp. President Akio Toyoda announces the company's earnings results for fiscal 2015 in Tokyo on May 11, 2016. The auto giant said its group operating and net profits in the year through March 2017 are expected to fall sharply, citing the recent appreciation of the yen. (Kyodo) ==Kyodo

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Toyota forecasts sharp profit falls amid stronger yen

Toyota Motor Corp. President Akio Toyoda announces the company's earnings results for fiscal 2015 in Tokyo on May 11, 2016. The auto giant said its group operating and net profits in the year through March 2017 are expected to fall sharply, citing the recent appreciation of the yen. (Kyodo) ==Kyodo

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Toyota forecasts sharp profit falls amid stronger yen

Toyota Motor Corp. President Akio Toyoda announces the company's earnings results for fiscal 2015 in Tokyo on May 11, 2016. The auto giant said its group operating and net profits in the year through March 2017 are expected to fall sharply, citing the recent appreciation of the yen. (Kyodo) ==Kyodo

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Takata posts loss again amid global air bag recall

Yoichiro Nomura, chief financial officer of Takata Corp., attends a press conference in Tokyo on May 11, 2016, on its fiscal 2015 earnings results. The troubled air bag maker posted a group net loss of 13.08 billion yen ($120.5 million), its second straight year of red ink, but expects to return to profitability in the year to March 2017. (Kyodo) ==Kyodo