A lengthy U.S. probe found that engine electronics played no role in incidents of sudden, unintended acceleration of Toyota cars, instead citing driver error. Separately, the auto maker reported profit fell 39% in the December-ended quarter.
Esprit Holdings's fiscal first-half net profit fell 21% from a year earlier, weighed by its struggling wholesale business and European operations, while its chairman resigned.
Canon Inc.'s chief financial officer said the Japanese electronics maker expects the dollar to rebound somewhat and average around 87 yen in the second half of 2011, on a recovery in the U.S. economy during the period.
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Japanese core machinery orders rose for the first time in four months in a sign that economy has started to recover from a winter lull.
Nissan Motor raised its earnings forecast for the full fiscal year after reporting a stronger-than-expected third quarter, powering ahead of the competition as its overseas sales grew despite the yen's strength.
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Japanese banks may need to raise their capital ratios as they face various risks including a potential global economic slowdown and a possible increases in bad loans, a senior IMF official said.
The Wall Street Journal has launched japan.wsj.com, a Japanese-language digital edition, featuring news from our bureaus around the world and content from a team of reporters, editors and translators in Japan.
Toyota Motor Corp. reported a strong business recovery in the April-December period with a 75 percent increase in operating profits in Asia compared to the same period a year earlier....
The Japan Sumo Association will put on hold discussions to obtain government approval as a new public-interest foundation that would receive special tax treatment until the bout-fixing scandal has been resolved....
Yokozuna Hakuho apologized Wednesday for the match-fixing scandal that led to the cancelation of next month's Spring Grand Sumo Tournament in Osaka, and denied any involvement in the wrongdoing....
Despite being tipped off about wrongdoing more than a year ago, the Fisheries Agency failed to uncover anything improper by four firms recently penalized for overfishing in Russia's exclusive economic zone, sources said Wednesday....
A Keio University bioethical panel has given the green light to a university research team to create human reproductive cells using induced pluripotent stem (iPS) cells, it has been learned....
For Japan's bedraggled consumer lenders, a little business goes a long way.
Hakuho expresses regret over a match-rigging scandal engulfing sumo, Prime Minister Naoto Kan debates with the leader of the largest opposition party, Emperor Akihito to undergo medical tests, and more.
The ruling Democratic Party of Japan risks losing the active support of one of its oldest and most powerful backers.
The Wall Street Journal's Japanese-language edition features news from our bureaus around the world and content from a team of reporters, editors and translators in Japan.
You can also read Japan Real Time, now in Japanese, on JWSJ.
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