Tsuyoshi Inajima

2 weeks ago | bloomberg.com | Julian Lee |Tsuyoshi Inajima

The US-sanctioned oil tanker Voyager carries a cargo of crude from Russia’s Sakhalin 2 project to Japan. (Bloomberg) -- The Japanese oil refiner Taiyo Oil Co. is taking delivery of a cargo of Russian crude on a tanker that’s blacklisted by both the US Treasury and the European Union.

1 month ago | bloomberg.com | Reina Sasaki |Tsuyoshi Inajima

The North Moon LNG tanker. (Bloomberg) -- Mitsui OSK Lines Ltd. is seeking help from the Japanese government after a surprise decision by the European Union to sanction three of its liquefied natural gas tankers linked to a Russian project. “We are not at all happy about this, so we are now lobbying the EU through various channels, including the Japanese government,” Chief Executive Officer Takeshi Hashimoto said in an interview on Tuesday.

1 month ago | news.bloomberglaw.com | Tsuyoshi Inajima |David Ramli

Denso Corp. is in final talks to buy a Temasek-backed seed supplier for around $500 million, as the Japanese vehicle parts deepens its expansion into the agriculture sector, people familiar with the matter said. Singapore investment firm Temasek, which owns almost half of Axia Vegetable Seeds Group, is set to generate a profit from the sale, the people said, asking not to be identified because the negotiations are private. Representatives for Denso and state-owned Temasek declined to comment.

1 month ago | news.bloombergtax.com | Nicholas Takahashi |Tsuyoshi Inajima |Shery Ahn

Nissan Motor Co.’s new chief executive officer, Ivan Espinosa, says his rescue plan for the ailing automaker can work even without the help of an outside partner. The Japanese carmaker has sufficient capital — about ¥2.2 trillion ($15 billion) in cash on hand and more in lines of available credit — to last the next 12 to 18 months, Espinosa said during an interview with Bloomberg TV. That time frame is one-third to halfway through a recently outlined three-year turnaround effort.

1 month ago | news.bloomberglaw.com | Nicholas Takahashi |Tsuyoshi Inajima |Shery Ahn

Nissan Motor Co.’s new chief executive officer, Ivan Espinosa, says his rescue plan for the ailing automaker can work, even without the help of an outside partner. The Japanese carmaker has sufficient capital — about ¥2.2 trillion ($15 billion) in cash on hand and more in lines of available credit — to last the next 12 to 18 months, Espinosa said during an interview with Bloomberg TV. That time frame is one-third to halfway through a recently outlined three-year turnaround effort.