Tokyo - Toyota Motor Corp decided to further reduce output by halting operations for 11 days at 12 domestic plants in February and March, the company said Tuesday.
Due to rapid decline of overseas demand, the leading automaker suspended operations for three days this month at almost all its domestic factories.
Toyota also plans to stop some production lines during the night shift at 13 parts-factories including subsidiaries in and outside Japan this month.
Yokohama, Japan - Much of the world was tuned in to Yokohama for a little over 90 minutes in 2002, when it hosted the final of the football World Cup. Brazil's Ronaldo scored two goals to give his team victory over Germany. The city then fell back into the shadow of nearby Tokyo.
But Yokohama will be back in the spotlight in 2009 as it marks an important anniversary - 150 years ago, it opened its port to world trade and thus ushered in a fundamental modernization of Japan. The events dedicated to the anniversary are a good opportunity for tourists to visit the city.
Tokyo - New car sales in Japan dropped the lowest in 34 years in 2008 as consumer appetite waned amid economic recession, the Japan Automobile Dealers Association said Monday.
The sales of new cars fell to 3,212,342 units in 2008, down 6.5 per cent from the year before, the association said. The figures exclude small car sales.
Annual sales in the record year of 1990 reached 5,975,089 units.
Sales of passenger cars fell 5.2 per cent, while truck sales declined 14.8 per cent and bus sales dipped 1.8 per cent.
Tokyo - The Japanese labour ministry on Monday announced it would provide shelters and food for about 500 people who lost their homes and jobs as a result of recent economic recession that led many Japanese businesses to downsize workforce.
The global financial turmoil affected mainly the Japanese manufacturing sector, and the number of temporary workers to be laid off by the end of March was expected to exceed 85,000, according to the ministry.
Tokyo - Tokyo's stock market ended the first trading of the New Year in a positive mood on Monday.
The Nikkei index of 225 leading stocks rose over 9,000 for the first time in nearly two months after Wall Street gained on Friday. The index gained 183.56 points, or 2.02 per cent, to 9,043.12.
Japan's benchmark index lost a record 42 per cent last year as the financial crisis pummeled world markets.
The broader Topix index of all First Section issues was also up 16.67 points, or 1.94 per cent, to 875.91.