Toyota Motor Corp. recently ceded its title as the world’s best-selling automaker to arch-rival Volkswagen AG. Yet the Japanese company’s biggest adversary this year may be U.S. President Donald Trump.
Category: Kinki, Japan
Sharp Trims Full-Year Loss Outlook on Cost Cuts, Display Profits
Sharp Corp. narrowed its full-year loss outlook after posting its first quarterly profit in more than two years, lifted by cost reductions and a turnaround in the display business. The net loss will reach 37.2 billion yen in the year ending March 31, the Osaka-based company reported on Friday.
Takeda Expands Cancer Business With $4.66 Billion Ariad Deal
Takeda Pharmaceutical Co. will expand its footprint in the U.S. oncology market with the $4.66 billion purchase of Ariad Pharmaceuticals Inc., adding one potential blockbuster in lung cancer and another already on-the-market therapy.
Toyota Will Take Trump’s Decisions Into Account on Mexico Plant
Toyota Motor Corp. President Akio Toyoda said he’ll take U.S. President-elect Donald Trump’s decisions into account when planning for the automaker’s Mexican operations, after Ford Motor Co. scrapped plans to build a new plant there.
No Room For The Inn as Japanese Informal Accommodation Booms
All is not well in the world of Japanese hospitality. There appears to be a structural shift under way in the market that investors should not ignore.