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1 month ago | 
japantimes.co.jp | Tsuyoshi Inajima |Yuki Furukawa |Koh Yoshida
Japanese companies are stockpiling goods in the United States to lower the impact from any tariffs U.S. President Donald Trump might levy after hitting China, Canada and Mexico. Sony has built up a strategic inventory in the U.S., it said in response to a survey by Bloomberg News. Kawasaki Heavy Industries is quickening the pace of exports and Suntory is shipping more to the world’s largest economy.
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1 month ago | 
financialpost.com | Tsuyoshi Inajima |Yuki Furukawa |Koh Yoshida
Japanese companies are stockpiling goods in the US to lower the impact from any tariffs President Donald Trump might levy after hitting China, Canada and Mexico. (Bloomberg) — Japanese companies are stockpiling goods in the US to lower the impact from any tariffs President Donald Trump might levy after hitting China, Canada and Mexico. Sony Group Corp. has built up a strategic inventory in the US, it said in response to a survey by Bloomberg News. Kawasaki Heavy Industries Ltd.
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1 month ago | 
bloomberg.com | Tsuyoshi Inajima |Yuki Furukawa |Koh Yoshida
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1 month ago | 
fortune.com | Stephen Stapczynski |Koh Yoshida
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., center left, during of the company's annual meeting on May 4, 2019. Houston Cofield—Bloomberg via Getty Images
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1 month ago | 
japantimes.co.jp | Stephen Stapczynski |Koh Yoshida
Japanese trading houses, including Mitsubishi and Marubeni, rallied on Tuesday after Berkshire Hathaway’s plans to increase holdings were seen as a stamp of approval for the undervalued sector. Mitsubishi rose as much as 8.6%, while Marubeni added almost 8% in morning trade in Tokyo. Mitsui, Itochu and Sumitomo also had strong gains. The broader Topix index slid 0.4%. Warren Buffett’s conglomerate said in 2020 that it had invested in Japan’s five largest trading houses.
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2 months ago | 
bloomberg.com | Will Wade |Koh Yoshida
A Nippon Steel Corp. executive said he’s hopeful that a meeting between Japanese Prime Minister Shigeru Ishiba and US President Donald Trump will advance the company’s proposed $14.1 billion acquisition of United States Steel Corp. “If President Trump understands this appeal correctly, he will support this matter,” Takahiro Mori, Nippon Steel’s vice chairman, said during an earnings event Thursday in Tokyo.
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2 months ago | 
financialpost.com | Shoko Oda |Koh Yoshida
Mitsubishi Corp. recorded a 52.2 billion yen ($343 million) loss in its domestic offshore wind power generation business for the quarter ended December. Its president, Katsuya Nakanishi, said on Thursday the Russian invasion of Ukraine, changes to supply chains, inflation, and lingering economic effects of the pandemic were all having an impact.
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2 months ago | 
bloomberg.com | Shoko Oda |Koh Yoshida
Japanese offshore wind developers are facing the same cost-related pressures that have roiled the sector globally, dealing a blow to the resource-poor nation’s ambition of boosting renewable energy. Mitsubishi Corp. recorded a 52.2 billion yen ($343 million) loss in its domestic offshore wind power generation business for the quarter ended December.
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2 months ago | 
bloomberglinea.com | Koh Yoshida |Min Lee |Akemi Terukina
Bloomberg — OpenAI y SoftBank Group Corp. están uniendo fuerzas en una empresa conjunta para vender servicios de IA a empresas de todo Japón, uno de los esfuerzos más amplios hasta la fecha para vender las herramientas de la startup de rápido crecimiento a clientes empresariales fuera de EE UU. El jefe de OpenAI, Sam Altman, se encuentra de gira mundial entre Tokio, Seúl, Nueva Delhi, Dubai y Alemania.
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2 months ago | 
news.bloombergtax.com | Min Lee |Koh Yoshida |Akemi Terukina
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