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Prius draws 180,000 orders in first month

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Taking up herewith Japanese Business Trend News by Media.
Business Trend in Japan will be read via these News.
Jun 21 Nissan to make electric cars in US (AFP)
 Japanese carmaker Nissan Motor Co. Ltd. plans to start producing electric vehicles in the United States, according to a newspaper report. It would be the first time that a Japanese automaker mass-produced electric vehicles overseas, the Nikkei business daily said.
Jun 20 Kirin receives permission for takeover of brewer Lion (The Age)
 Japan's march to take over Australian and New Zealand beverage companies passed another milestone yesterday when the Foreign Investment Review Board gave its blessing for Kirin Holdings' bid for trans-Tasman brewer Lion Nathan.
Jun 20 Japanese buy into Trump (Star Bulletin)
 The Trump International Hotel & Tower in Waikiki, which developers say is still on track for completion this fall, will have an Eastern sensibility. More than half of the buyers of the 463 luxury suites are Japanese, according to Jason Grosfeld, a principal of Los Angeles-based Irongate, which is developing the property in partnership with Trump.
Jun 20 Prius draws 180,000 orders in first month (Japan Times)
 Toyota Motor Corp., Japan's biggest automaker, said it booked 180,000 domestic orders for the new Prius gasoline-electric hybrid within a month of the car's debut.
Jun 19 Sony shareholders approve new management (BusinessWeek)
 Sony shareholders approved a new management setup at the Japanese electronics and entertainment company on Friday that will center power around Chief Executive Howard Stringer and a team of younger executives.
Jun 19 Tokyo property rebound expected (Japan Times)
 The Tokyo property market is poised to rebound as easier credit and low prices entice overseas investors, according to Kazuo Tanabe, president of Chuo Mitsui Trust Holdings Inc.
Jun 18 Japan to help other countries develop nuclear power (AFP)
 Japan launched an organisation Thursday to help other countries promote nuclear power generation which is increasingly in demand in the age of global warming, officials said. The new body, the International Nuclear Energy Cooperation Council, comprises representatives from government branches, power utilities, nuclear power plant makers and research organisations, they said.
Jun 18 Bookoff deal augurs seismic shift in publishing (Asahi)
 The publishing industry, facing a new chapter as a result of the prolonged recession, looks set to undergo a seismic realignment after a major printing company's moves to integrate printing, publication and distribution arms.
Jun 18 Laox in talks to sell stake to Suning (Reuters)
 Struggling consumer electronics retailer Laox Co (8202.T) is holding discussions with Chinese retail chain operator Suning Appliance Co on an equity deal that will make it the first big Japanese retailer to become a Chinese company's affiliate, The Nikkei business daily said.
Jun 18 Virtual supermarkets delivering the goods (Yomiuri)
 A user clicks an "enter the shop" button on a personal computer screen and the colorful interior of a supermarket appears--a bread section on the right, a ready meals section on the left and fresh fruits at the end of the aisle. This is a scene from an online supermarket operated by Okuwa Co., which as of April 1, was running 143 supermarkets in the southern Kinki district, centering around Wakayama Prefecture.
Jun 18 Japan plans tough laws for moneylending market (Reuters)
 Japan's financial watchdog will soon enforce measures designed to protect borrowers from unscrupulous moneylenders by more strictly regulating new market entrants, the Nikkei business daily reported.
By J.S. on Jun 23, 2009 



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