Nissan's incoming CEO, Ivan Espinosa, aims to revitalize the struggling automaker by fostering a more collaborative culture, prioritizing speed in model development, and exploring partnerships beyond the auto industry. He faces the challenge of restoring profitability and regaining customer trust after years of turmoil.
Foreign ministers from Japan, China, and South Korea will meet in Tokyo on March 22nd for the first time in nearly a year and a half, discussing regional cooperation and a potential trilateral summit later this year. The meeting will also include a high-level economic dialogue between Japan and China.
Alaskan state representatives are embarking on a trip to Japan this month with the ambitious goal of securing investors for a large-scale natural gas project. This project, championed by President Trump, envisions transporting natural gas from Alaska's remote north via a massive pipeline, ultimately reaching Japan, South Korea, and Taiwan as liquefied natural gas (LNG).
Canadian convenience store giant Couche-Tard remains determined to acquire Seven & i Holdings, despite the latter's rejection of its offer, emphasizing a friendly approach and commitment to retaining local management. Seven & i, however, remains focused on boosting its own value and addressing antitrust concerns.
Japan's exports grew at an 11.4% annual pace in February, leading to a trade surplus of 584 billion yen ($3.9 billion) after two months of deficits. This positive development comes amidst concerns about President Donald Trump's potential tariff hikes, particularly on automobiles, which could significantly impact the Japanese economy.