Japanese player in joint bid for greenhouse gas storage acreage offshore Australia

JX Nippon Oil & Gas Exploration teams up with deepC Store to explore a potential site for, what could be, the Asia Pacific's first floating multi-user CCS hub

A joint venture between Japan’s JX Nippon Oil & Gas Exploration and Australia’s deepC Store (dCS) has jo...

Nippon Steel files lawsuit against Toyota and Baoshan for patent violation

Nippon Steel Corp. has filed lawsuits against Toyota Motor Corp. and Chinese steelmaker Baoshan Iron & Steel Co. The steelmaker has alleged infringement of a patent which is a key steel product for electric vehicles.

Highlights

• Nippon steel fi...

TOKYO STOCKS END HIGH ON EASING U.S MONETARY STIMULUS

Highlights –

• Tokyo stocks end high on easing U.S monetary stimulus.
• The 225-issue Nikkei Stock Average ended up 213.07 points, or 0.74 percent.
• The broader Topix index of all First Section issues on the TSE finished 5.73 points, or 0....

ANA BEGAN COVID-19 VACCINATION FOR ITS EMPLOYEES

Highlights –

• ANA began COVID-19 vaccination for its employees.
• They became the first Japanese firm known to start offering workplace vaccinations.
• ANA will focus on vaccinating about 10,000 employees.
• ANA has so far vaccina...

NTT PRESIDENT TO TAKE PAY CUT OVER DINING CASE WITH GOVT. OFFICIALS

Highlights –

• NTT President to take pay cut over dining case with govt. officials.
• The president and other executives will take a pay cut for three months.
• NTT President Jun Sawada will take a pay cut of 40 percent for three months fro...

ANA NOW OFFERING WEDDINGS ON ITS B-777 JET AMID PANDEMIC LOSS

Highlights –

• ANA now offering weddings on its B-777 jet amid pandemic loss.
• The service was launched in late May and will be available until June 13.
• ANA is offering the onboard wedding for some 1.56 million yen ($14,200).
• ...

JAPAN OPENED ONLINE COVID-19 VACCINATION SLOTS FROM MONDAY

Highlights –

• Japan opened online COVID-19 vaccination slots from Monday.
• Residents of the capital's 23 wards aged 65 and above made appointments via the Defense Ministry's website.
• Bookings for the vaccination center in the ci...

JAPANESE AIRLINES TO STREGTHEN TIES WITH LOW COST CARRIERS

Highlights –

• Japanese airlines to strengthen ties with low cost carriers.
• ANA Holdings is likely to launch a new LCC brand in the year to March 2023.
• ANA Holdings reported a record net loss of $3.7 billion.
• JAL posted a net...

TOKYO STOCKS RISE ON MONDAY MORNING; NIKKEI GAINS

Highlights –

• Tokyo stocks rise on Monday morning; Nikkei gains.
• The 225-issue Nikkei Stock Average gained 245.87 points.
• Topix index of all First Section issues on the TSE was up 20.06 points.
• Stocks gained in iron and stee...

ANA RECORDED A NET LOSS OF $3.7 BILLION IN FY 2020

Highlights –

• ANA recorded a net loss of $3.7 billion in FY 2020.
• The loss was attributed to slump in travel demand hurt by the pandemic.
• ANA Holdings expects a net profit of 3.5 billion yen in FY 2021.
• ANA recorded domestic...

JR EAST TO REDUCE THE NUMBER OF TRAINS BY ABOUT 20%

Highlights –

• JR East to reduce the number of trains by about 20%.
• Other major private railway companies also plan to cut the number of trains.
• A total of 88 trains on each day will be cut between 6 a.m. and 10 a.m. on seven lines.

ANA PLANS TO CUT DOWN ITS CO2 EMISSIONS TO ZERO BY 2050

Highlights –

• ANA plans to cut down its CO2 emissions to zero by 2050.
• It seeks to increase the use of fuels derived from waste oil and other non-fossil sources.
• ANA will cooperate with Toshiba Corp. and euglena Co. on achieving the go...

ANA EXPECTS A NET LOSS OF $3.75 BILLION IN FY 2020

Highlights –

• ANA expects a net loss of $3.75 billion in FY 2020.
• The airline company had previously estimated 510 billion yen.
• It made cost cuts with reductions in its operations of domestic and international flights.
• ANA e...

JAPAN’S NTT FINDS MALFUNCTIONS IN NETWORK; COSMIC RAYS

Highlights –

• Japan’s NTT finds malfunctions in network; cosmic rays.
• Cosmic rays are said to be causing an estimated 30,000 to 40,000 malfunctions.
• The temporary malfunctions found by NTT is said to have led to computers and pho...

TOKYO STOCKS END HIGH ON THURSDAY OVER INVESTOR FOCUSED ON EQUITIES

Highlights –

• Tokyo stocks end high on Thursday over investor focused on equities.
• The 225-issue Nikkei Stock Average ended up 324.36 points.
• The broader Topix index of all First Section issues on the TSE closed 26.97 points.

RYOTA TAKEDA ADMITS DINING WITH NTT PRESIDENT; DENIES VIOLATING ETHICS CODE

Highlights –

• Ryota Takeda admits dining with NTT President; denies violating ethics code.
• A weekly magazine Shukan Bunshun posted a report online about the Nov. 11 dining event.
• The Internal Affairs and Communications Ministry and NTT...

TOYOTA BEGINS CONTRUCTION IN MT. FUJI AS TEST GROUND FOR NEW TECHNOLOGIES

Highlights –

• Toyota begins construction in Mt. Fuji as test ground for new technologies.
• Around 360 people will move to the Woven city to be built at the 70.8 hectares former Toyota factory.
• The smart city will be designated for 3 typ...

TOKYO STOCKS OPEN HIGH; NIKKEI HIT INTRADAY HIGH ON MONDAY TRADING

Highlights –

• Tokyo stocks open high; Nikkei hit intraday high on Monday trading.
• The 225-issue Nikkei Stock Average advanced 598.99 points.
• Topix index of all First Section issues on the TSE was up 32.54 points.
• Stock issue...

ANA HOLDINGS INC. ANNOUNCES REDUCTION OF WORKFORCE BY 20 PERCENT

Highlights –

• ANA Holdings Inc. announces reduction of workforce by 20 percent.
• ANA plans to do so by the period of the next 5 years.
• The company expects its business to fall to 30,000 by March 2026.
• For fiscal 2021 the comp...

ANA HOLDINGS INC. REPORTS NET LOSS IN APRIL-DEC. PERIOD OF $2.29 BILLION

Highlights –

• ANA Holdings Inc. reports net loss in April-Dec. period of $2.29 billion.
• ANA Holdings revenue fell 66.7 percent to 527.61 billion yen.
• ANA reportedly booked a special loss of 76 billion yen.
• Sales from flights...