Akemi Ando News
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Mazda Motor Corp.’s deliveries in China tumbled to the lowest in 19 months as anti-Japan protests flared in the world’s largest vehicle market, fueling concern larger automakers such as Toyota Motor Corp. will follow suit.
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Toyota Motor Corp. and Honda Motor Co. can thank government aid for helping auto industry sales grow faster in Japan than any major market this year. As state subsidies are about to run out, so may the euphoria.
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Japanese companies including Toyota Motor Corp. and Panasonic Corp. forecast profit will surge this year as exports and cost cuts power a recovery from the worst recession on record.
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The following companies may have unusual price changes in Japanese trading today. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
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Honda Motor Co. ’s board approved the sale of as much as 100 billion yen ($1.2 billion) of shares in Hero Honda Motors Ltd., India’s biggest motorcycle maker, Nikkei reported, without saying where it got the information from.
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Honda Motor Co. , Japan’s second- largest carmaker, plans to resume full operations today at a parts plant in China that has been closed because of a strike.
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Japan’s Nikkei 225 Stock Average rose 41.28, or 0.4 percent, to 10,849.57 as of the 11 a.m. trading break in Tokyo. The following were among the most-active shares in the Japanese market today. Stock symbols are in parentheses after company names.
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Honda Motor Co. ’s car production in China will remain halted at least through June 3 as some striking workers at a parts plant in the country rejected a proposed pay increase.
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Japan’s Nikkei 225 Stock Average rose 142.36, or 1.7 percent, to 8,660.93 as of the 11 a.m. trading break in Tokyo. The following are among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.
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Japanese stocks rose, sending benchmark indexes to their highest levels in almost nine months, after the Federal Reserve raised its forecast for U.S. economic growth and oil prices increased.
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