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Zero-Emission Solutions and Market Expansion: Toyota, Daimler Trucks, Hino Motors, and Mitsubishi Fuso Make Bold Moves in Commercial Vehicle Sector

Jun 5, 2023

In a significant move within the commercial vehicle industry, Toyota Motor Corporation and Daimler Trucks have unveiled plans for cooperation, while Hino Motors and Mitsubishi Fuso Truck and Bus will…

Business Tech

Toray envisions a scenario where hydrogen will account for 50% of the world’s energy consumption by 2050, prompting the company to triple its sales target for 2025.

Jun 4, 2023

Toray, a leading company in advanced materials and chemicals, has unveiled its plan to triple the sales of its hydrogen-related business to 60 billion yen in fiscal 2025, marking the…

Business EV

Toyota’s $2.1 Billion Investment: Accelerating EV Battery Production in North Carolina

Jun 4, 2023

Toyota Motor Corporation has recently announced its plans for an additional investment of $2.1 billion in an automotive battery plant set to commence operations in North Carolina, USA, by 2025.…

Business

Driving Innovation and Partnerships: JIIP as the Nexus of Israeli and Japanese Expertise

Jun 4, 2023

Chartered Group, an Israeli investment company with headquarters in Singapore, is planning to establish an innovation hub in Japan called the Japan-Israel Innovation Place (JIIP) in early 2024. Potential locations…

Business Semiconductor

Summary of semiconductor situation in Japan in 2023

Jun 3, 2023

There was a post on a Japanese anonymous posting site that seems to be an insider in the Japanese semiconductor industry. The title of the post is "Summary of semiconductor…

Business

Details of the $86 billion investment plan announced by Daikin, the top global air conditioning market leader

Jun 3, 2023

The total investment of $8.6 billion will be broken down into capital expenditure of $5.7 billion and research and development investment of $2.9 billion. The company expects revenue of $32.6…

New product Business Tech

Medical device approval for CYBERDYNE’s body-worn rehabilitation robot “HAL” is progressing smoothly around the world

May 31, 2023

HAL's medical device approval is rapidly progressing overseas, such as in the United States, the European Union (EU), Asia, and the Middle East, and CYBERDYNE's entry into the global market…

Business Tech

Toyota to make a powerful approach to the hydrogen market in Europe and China! Start of new organization “Hydrogen Factory”

May 31, 2023

Toyota Motor Corporation has announced the establishment of a new specialized organization for the hydrogen business, "Hydrogen Factory." The organization will be responsible for the development of fuel cell and…

Business

Hino Motors and Mitsubishi Fuso to Integrate Management; Toyota and Daimler to Participate to Increase Competitiveness in Global Commercial Vehicle Manufacturer Market

May 31, 2023

Hino Motors and Mitsubishi Fuso Truck and Bus have announced that they will merge their businesses by the end of 2024. The merger also includes Hino Motors' parent company Toyota…

Business Tech

Collaborative Robot Market to Grow 700% in 10 Years

May 30, 2023

The presence of collaborative robots is increasing. The number of collaborative robots installed in 2021 will reach 39,000, with a clear growth trend. Collaborative robots do not require safety fences…

Business Tech

Japan and Germany cooperate to start technology development of Beyond 5G/6G

May 30, 2023

Japan and Germany have decided to cooperate in the important technological development of Beyond 5G/6G, the successor to 5G. Research institutes and industries in both countries will conduct joint research…

Business

Mitsubishi Electric and Mitsubishi Heavy Industries unite to improve competitiveness in the generator market

May 29, 2023

Mitsubishi Electric and Mitsubishi Heavy Industries announced on May 29 that they officially signed a contract on the same day for the integration of their power generator businesses. An integrated…

Business EV

Panasonic HD, large-scale expansion plan to expand automotive battery production bases

May 28, 2023

Panasonic Holdings (HD) has decided to concentrate investment in the field of automotive batteries. The maintenance cost of an automotive battery factory in Kansas, USA will reach 500 billion to…

Business Semiconductor

The ceramics industry accelerates investment in preparation for the end of the demand adjustment phase in the semiconductor and electronic component markets

May 28, 2023

The Japanese ceramics industry is facing a temporary slump in demand for semiconductors and electronic components, but it is showing a positive attitude to prepare for adversity.

Business Semiconductor

Sales of Japanese-made semiconductor equipment decreased in April, affected by inventory adjustment and global economic slowdown

May 28, 2023

According to the Japan Semiconductor Equipment Association, April sales of Japanese semiconductor manufacturing equipment decreased by 0.4% from the previous month to 333.944 billion yen ($3.014 billion), the first negative…

Business Semiconductor

Renesas Electronics Announces Mass Production Plan for SiC Power Semiconductors

May 27, 2023

Renesas Electronics announced on the 19th that it will launch a power semiconductor production line using silicon carbide (SiC) at its Takasaki factory in Takasaki City, Gunma Prefecture, and will…

Business EV

TOYOTA to increase production in India by 30%, increase workforce by 25%

May 26, 2023

Toyota plans to increase vehicle production in India by 30%. At the Toyota Kirloskar Motor (TKM) production base, we will increase production by changing the work shift to a three-shift…

Business

Murata Manufacturing continues to increase MLCC production, investing 12 billion yen in a new plant

May 20, 2023

Murata Manufacturing plans to start operation of a new multilayer ceramic capacitor (MLCC) factory in Shimane Prefecture in June. Izumo Murata Manufacturing Co., Ltd. (Izumo City, Shimane Prefecture), a subsidiary…

Business

Orders for machine tools fell for the fourth straight month, and capital investment continued to take a wait-and-see approach.

May 18, 2023

According to a report compiled by Nikkan Kogyo Shimbun, orders received by the five major machine tool manufacturers in April were 35,132 million yen, down 9.1% from the same month…

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