
Mitsuru Obe
Staff Writer and Journalist at Nikkei Asia
@NikkeiAsia journalist; former @WSJ 日本経済新聞 編集委員
Articles
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5 days ago |
asia.nikkei.com | Mitsuru Obe
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5 days ago |
asia.nikkei.com | Mitsuru Obe
TOKYO -- Shares of Mitsubishi Heavy Industries hit an all time high and eclipsed the 10-trillion-yen ($69 billion) mark on Friday, riding on surging demand for gas turbines. The demand has been so strong that the Japanese company could not keep up and had to turn down some requests, said CEO Eisaku Ito. As a result, it lost its title as the No.1 supplier of large gas turbines to GE in 2024 after two years on top.
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1 week ago |
asia.nikkei.com | Mitsuru Obe
YOKOHAMA, Japan -- Groundwork has been underway at SkyPerfect JSAT's satellite control center in Yokohama, south of Tokyo, to make more room for satellite ground stations, as part of a plan by Asia's largest satellite operator to nearly triple capital investment in the current fiscal year.
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2 weeks ago |
asia.nikkei.com | Mitsuru Obe
TOKYO -- Bank of New York Mellon is bolstering its Japan operations, seeing opportunities to make money as the country emerges from deflation and its people become more open to investing in the stock market. BNY, a processing bank, provides infrastructure for global banks, central banks, sovereign wealth funds, pension funds and insurers. It clears and settles all the transactions, and stores and keeps records of the assets investors own.
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2 weeks ago |
asia.nikkei.com | Mitsuru Obe
TOKYO -- Japan's Hitachi said Monday it expects its power grid business to drive growth in the next three years, despite U.S. President Donald Trump's pushback against renewable energy and focus on fossil fuel. Hitachi is a major supplier of grid systems, such as transformers and transmission systems, helping power suppliers build out networks and connect new energy sources such as renewable power.
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Mitsubishi Heavy vows to retake GE's No. 1 turbine maker title. https://t.co/sBBZtYbSWl https://t.co/O3Igfi2Uq4

Maybe not so fast, says @shetlerjones.

@mrjeffu @mit_obe One of the problems with India is its closeness to Russia including on defence equipment. And Russia’s closeness to China. Maybe by 2040 that will have changed.

RT @mrjeffu: Nikkei reports about countries showing interest in the Japan-UK-Italy fighter jet program: •Saudi Arabia: exploring joint manu…