Japan To Cut Coal-fired Power Generation By 90%

Japan to cut coal-fired power generation by 90%

Japan's government plans to reduce coal-fired power generation by about 90 percent by fiscal 2030.

Coal-fired power plants are under review worldwide for their huge emissions of carbon dioxide. Countries are being urged to achieve a carbon-free society under the 2015 Paris Agreement on climate change.

Companies To Cut Para-sports Sponsorships

Companies to cut para-sports sponsorships

NHK has learned that companies sponsoring Japan's para-sports have reduced or suggested they would reduce financial support to organizations participating in the Tokyo 2020 Paralympics.

Many of the organizations participating in the Paralympics do not have sufficient financial resources. More than half of them count on sponsor money or government subsidies for over 80 percent of funds they need to train athletes and promote para-sports.

Nissan Posts $6.2 Billion Annual Loss And Unveils Plan To Cut Costs

Nissan posts $6.2 billion annual loss and unveils plan to cut costs

TOKYO — Nissan outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.

Under a new four-year plan, the Japanese manufacturer will slash its production capacity and model range by about a fifth to help cut 300 billion yen from fixed costs. It will shut plants in Spain and Indonesia, leave the South Korean market and pull its Datsun brand from Russia as part of a strategy unveiled on Wednesday to share production globally with its partners Renault and Mitsubishi.

Nissan Could Cut 20,000 Jobs, As France Says 'renault Could Disappear'

Nissan could cut 20,000 jobs, as France says 'Renault could disappear'

PARIS/TOKYO — Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe.

Renault and Nissan have been in a carmaking alliance for the past two decades and are due to announce a strategy update next Wednesday.

Toyota To Cut North American Output By Nearly A Third Through October

Toyota to cut North American output by nearly a third through October

TOKYO — Toyota plans to slash production in North America by nearly a third through October due to the coronavirus crisis and expects it will take some time for output to return to normal, a person familiar with the matter said.

Toyota will build about 800,000 vehicles, including its RAV4 SUV crossovers and Camry sedans, at plants in the United States, Canada and Mexico from April through to the end of October, the person told Reuters.

Tokyo 2020 Organizers Plan To Cut Costs Further

Tokyo 2020 organizers plan to cut costs further

The organizers of the Tokyo Olympics and Paralympics and the International Olympic Committee have decided to work together to cut costs further for the postponed Games.

The 2020 summer Games have been postponed until the summer of 2021 due to the coronavirus pandemic.

Tokyo-osaka Bullet Train Services To Be Cut 20%

Tokyo-Osaka bullet train services to be cut 20%

The operator of Japan's Tokaido Shinkansen line says it will cut the number of its train services linking Tokyo and Osaka by about 20 percent due to the coronavirus outbreak.

Central Japan Railway Company president Kaneko Shin made the announcement at a news conference in Tokyo on Thursday.

Jal, Ana To Cut Domestic Flights Due To Outbreak

JAL, ANA to cut domestic flights due to outbreak

Japan Airlines and All Nippon Airways will slash domestic flights from Friday due to a drop in travel demand amid the outbreak of the new coronavirus.

The two Japanese airlines will for the first time curtail domestic services in the face of an increase in new infections.

Nissan's Operating Profit Plunges, Outlook Cut

Nissan's operating profit plunges, outlook cut

Nissan Motor's operating profit shrank sharply during the nine months to December, mainly due to sluggish sales in the US and Europe.

Company officials say the figure was down 82.7 percent to 54.3 billion yen, or nearly 500 million dollars.

Subsidies Cut For School Over Missing Students

Subsidies cut for school over missing students

The Japanese government has decided it will not to give subsidies this fiscal year ending March to a university where a large number of foreign students have gone missing.

Tokyo University and Graduate School of Social Welfare has lost contact with more than 1,600 foreign students, including enrollees from Vietnam and Nepal, over the past three years.