An unusually large delegation of about 200 Japanese business leaders arrived in China this week to bolster economic relations in the first such visit in more than four years and in the face of geopolitical headwinds that have strained bilateral ties. Japanese economic delegations had visited China every year since 1975, but those visits lapsed during the COVID-19 era when China largely shuttered its borders due to its stringent pandemic policies. During their visit this week, the Japanese business delegates, which included Masakazu Tokura, chairman of the powerful Keidanren, as the Japan Business Federation is known, are due to meet with Chinese Premier Li Qiang on Thursday.
TOKYO : Japanese electric motor maker Nidec Corp on Monday posted its first quarterly operating loss in a decade, hit by hefty restructuring costs and difficulty in procuring semiconductors and other components.The loss of 24.3 billion yen ($181.01 million) for the January-March quarter compared to an ave
TOKYO (Reuters) - Japanese electric motor maker Nidec Corp on Monday posted its first quarterly operating loss in a decade, of 24.3 billion yen ($181..
TOKYO (Reuters) - Japanese electric motor company Nidec Corp on Monday lined up five contenders to eventually take the reins as chairman from the firm.
Japanese electric motor maker
Nidec Corp on Monday posted a 16% rise in
second-quarter operating profit, missing analysts estimates. It reported 51.71 billion yen in operating
profit. | October 24, 2022