Business
Mitsubishi Materials to lift tungsten carbide prices on tight China supply
Companies Chinese export restrictions mean more expensive tools for Japan Tungsten materials are used by Mitsubishi Materials to make cemented carbide cutting tools. (Mitsubishi Materials) TOKYO — Japan’s Mitsubishi Materials will more than triple prices on tungsten products used in hardened cutting tools in some cases, as Chinese export restrictions continue to limit the supply […]
Japanese sake made in space fetches nearly $700,000
Food & Beverage Space station used for trial of Dassai project to brew on moon Proceeds from the sale will be donated to support Japan’s space development projects. (Mitsubishi Heavy/Dassai) TOKYO — Japanese sake using mash fermented in outer space has been successfully produced by sake maker Dassai, project partner Mitsubishi Heavy Industries said Tuesday, with a […]
Japan eyes world-first transmission of space-based solar power to Earth
Science Experiment will use microwaves to send electricity from orbit Japan aims to launch a 2.5-square-kilometer solar panel into space by 2050. (Japan Space Systems) TOKYO — Japan plans to conduct an experiment to transmit electricity generated with solar panels in space to Earth using microwaves, a potential world first that could help solve power […]
Japan to help Pacific island nations create payment processor
Finance Tokyo looks to check spread of yuan as small countries increasingly turn to China International remittances and tourism are critical parts of many Pacific island economies. © Reuters TOKYO — The Japanese Finance Ministry will help create a framework for handling international remittances in Pacific island nations and territories as major banks that process […]
Operation investigates billion-dollar bribery scheme at the Port of Rio de Janeiro
Disclosure/PFRJ The Federal Police (PF), the Federal Revenue Service (RFB) and the Federal Public Ministry (MPF) began Operation Mare Liberum, which investigates a bribery scheme in the Port of Rio de Janeiro this Tuesday (28). The loss is estimated at half a billion reais to public coffers due to the irregular release of […]
Japan’s Terra Drone backs 2nd Ukrainian peer with eye on defense exports
A member of Ukraine’s military prepares a rocket-type interceptor drone for launch. © Reuters NATSUKI KANEKO and YUIYA SHIBATA VIENNA/TOKYO — Japanese drone developer Terra Drone said Tuesday that it will make a strategic investment in an Ukrainian maker of fixed-wing drones, its second in a Ukrainian company.
Tokyo Electron’s close ties with TSMC at risk after chip tech leak
Semiconductors Incident may set back Japan tool maker in competition over top customer Taiwan Semiconductor Manufacturing Co. is a crucial customer for Tokyo Electron. (Source photos by Nikkei) HIDEAKI RYUGEN and RYOSUKE EGUCHI TOKYO — A Taiwanese court’s finding that a former employee of a Tokyo Electron unit leaked confidential data from Taiwan Semiconductor Manufacturing […]
Komatsu expects profits to tumble 16% on Iran war, US tariffs
Construction Japanese construction equipment maker assumes continued high oil prices for current fiscal year Komatsu is having a harder time raising prices on construction machinery as competitors are also holding prices steady. (Photo by Azusa Kawakami) TOKYO — Construction equipment maker Komatsu said Tuesday that it expects consolidated net profit for the current fiscal year to fall […]