Japan's IHI, Mitsubishi Heavy ramp up aircraft engine maintenance

TOKYO -- Japanese heavy industry companies are expanding their civilian aircraft engine maintenance businesses, anticipating growing demand as carriers opt for larger fleets of smaller planes to accommodate a rise in passengers.


Nissan's smaller suppliers go to Vietnam seeking new growth

OSAKA/HANOI -- Fast-growing Vietnam has emerged as a place for small and midsize Japanese manufacturers to make a fresh start after seeing their business with struggling Nissan Motor shrink.


Japan's Proterial eyes making magnets without heavy rare earths in North America

TOKYO -- Japanese metal maker Proterial is looking for sites in North America and other markets to produce magnets without heavy rare-earth metals for use in electric vehicle motors, moving closer to customers seeking to reduce China risk in their supply chains.


Japan lenders rush to cash in on country's $50bn chip industry

TOKYO -- Japan's three largest banks are expanding lending operations targeting the country's growing semiconductor industry, setting up dedicated teams to support businesses in the sector.


Samsung, LG display units take on China rivals with high-end OLED push

SEOUL -- South Korea's screen giants Samsung Display (SDC) and LG Display (LGD) grew their combined market share in 2025 for the first time in eight years, betting on an expanded range of high-end applications for next-generation displays to push back against the rise of Chinese manufacturers.


Japan gives order to prepare for release of oil reserves

TOKYO -- Japan has issued instructions to prepare for a potential release of the country's oil reserves, Nikkei learned on Monday, as the nation girds for a prolonged drop in supply from the conflict-torn Middle East.


Tata attacks India market with $7,000 EV, backed by protectionist policies

MUMBAI/HANOI/JAKARTA -- Protectionist policies in India, Vietnam and elsewhere in Asia have opened the doors for local players to enter the electric vehicle market and capture a large share of domestic demand, leaving giants like BYD and Tesla facing high hurdles and once-dominant Japanese automakers lagging behind.


Japan's JR East runs safety training for foreign rail workers

TOKYO -- East Japan Railway showcased Friday its training program in railway safety inspections and maintenance for foreign workers as the industry faces a labor shortage.


China's battery giant CATL beats earnings estimate on storage system demand

HONG KONG -- Chinese battery king Contemporary Amperex Technology Co. Ltd. has reported estimate-beating profits for 2025 as the company cements its market dominance on the back of business diversification efforts.


Mitsubishi Chemical cuts ethylene output as Iran war hits naphtha supply

TOKYO -- Mitsubishi Chemical Group has reduced production of ethylene in Japan, the company said Monday, as the Iran war hampers its ability to procure the raw material naphtha.