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Nintendo's chief is determined to get right the launch of its next game machine, Wii U, set for this year's holiday shopping season, and acknowledged Friday some mistakes with selling its 3DS handheld.
Nintendo Co. sank to losses for the April-December period, battered by a price cut for its 3DS handheld, a strong yen that erodes overseas earnings and competition from mobile devices such as the iPhone that offer games-on-the-go.
Toyota raised its global sales target for this year to 8.58 million vehicles, up 21 percent from the previous year, as incentives for ecological cars lift demand in Japan.
Financially battered Olympus Corp. is suing 19 former and current executives for damages that the Japanese camera and medical equipment maker says it has suffered over a massive cover-up of investment losses.
Japan's Sony and South Korean rival Samsung are dissolving their joint venture in liquid crystal display panels as Sony tries to stanch years of losses in its TV business.
Disaster-struck Japan is headed to record-high budget spending of 96 trillion yen ($1.2 trillion) as the nation tackles the costs of recovery from the March earthquake and tsunami.
Toyota is aiming for a comeback, targeting record global sales of 8.48 million vehicles in 2012 and an even bigger number in 2013, after being battered this year by the March disaster in Japan and flooding in Thailand.
Japanese prosecutors raided the headquarters of Olympus Corp. and the home of its former president Wednesday as part of an investigation into the cover-up of massive losses at the camera and medical equipment maker.
The ousted chief of Olympus, the Japanese camera-maker under investigation for hiding investment losses for years, is confident about making a comeback — a return he vows will clean up the company's scandal-tainted management for good.
Major Japanese food and candy maker Meiji Co. said it was recalling 400,000 cans of powdered milk for infants after traces of radiation from Japan's hobbled nuclear plant were detected in the formula.
Honda Motor Co. is recalling 304,000 vehicles globally for air-bags that may inflate with too much pressure in a crash, send metal and plastic pieces flying and cause injuries or deaths.
Olympus Corp. vowed Wednesday to go after erring executives involved in an elaborate scheme to hide $1.5 billion of investment losses.
Auto giants Toyota and BMW said Thursday they have agreed to collaborate on research for cleaner, next-generation car batteries, underlining the growing push in the industry for green technology.
Green cars rolled into the spotlight at the Tokyo auto show as Japan's automakers look to fuel efficient technology to reinvigorate growth after tough times.
Toyota began taking orders Tuesday for the plug-in version of its hit Prius hybrid, announcing efficient mileage and a relatively affordable starting price of 3.2 million yen ($41,000), which comes down with green vehicle subsidies.
Honda manager Hideto Maehara has swapped his car for a rubber boat to reach the company's auto plant north of the Thai capital. A month after being inundated, the factory that makes nearly 5 percent of Honda vehicles worldwide is still under 1.5 meters (5 feet) of water.
Honda's human-shaped robot can now run faster, balance itself on uneven surfaces, hop on one foot and pour a drink. Some of its technology may even be used to help out with clean-up operations at the stricken Fukushima nuclear plant.
Surrounded by dozens of cardboard boxes packed with 4 million petition signatures, the presidents of major Japanese automakers demanded Monday the end of what they called exorbitant taxes on cars that threaten to hollow out manufacturing and wipe out jobs.
The manufacturing disruptions from the flooding in Thailand are continuing to take their toll on Japanese automakers.
Nintendo Co. reports fiscal first half earnings Thursday that will likely highlight the Japanese game maker's recent struggles against popular mobile devices such as Apple Inc.'s iPhone.
Nissan Motor Co. is aiming to be the world's No. 1 in green cars, targeting cumulative sales of 1.5 million zero-emission vehicles by 2017 with alliance partner Renault SA of France.
Mazda will stop making cars with its signature rotary engines after a 45-year production run that included powering the first and only Japanese car to win the 24-hour Le Mans endurance race.
Rakuten is not just the top shopping website in Japan. These days the company is doing some serious shopping of its own as it turns the strong yen — usually seen as a huge negative for Japanese companies — into a plus.
The Japanese auto parts company pleading guilty to price-fixing in the U.S. promised to prevent a recurrence Friday, with its top executives returning part of their pay in a sign of remorse.
Japanese automakers Nissan and Mitsubishi are strengthening their cooperation by expanding the number of models they make for each other in Japan.
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