Japan's Nidec expands in China to drive innovation in motors
EISAKU NITTA
KYOTO, Japan -- Japanese motor manufacturer Nidec is expanding its operations in China, focusing on motors for home appliances and electric vehicles.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Nikkei Asia
2 hours ago
- Nikkei Asia
Japan's Sompo Care welcomes first group of Indian trainees
Indian-born caregiver Rincy George speaks with a nursing home resident in Tokyo on Aug. 4. (Photo by Tatsuya Ozaki) TATSUYA OZAKI TOKYO -- Japanese nursing care provider Sompo Care has begun full-scale recruitment of trainees from India, part of an effort to alleviate the domestic labor shortage in the industry.
3 hours ago
Barcodes and QR Codes Become New Standard for Cashless Payments in Japan
A July survey in Japan found that 84.2% of respondents make use of code payments for purchases, using a barcode or QR code displayed on a smartphone. The survey was conducted by Kufū Company Holdings on 2,559 users of its household budgeting app and related services. Code payments have become a standard for cashless transactions in Japan, even surpassing the 76.3% of respondents who use physical credit cards. The next most popular form of payment, at 69.8%, is electronic money, which includes systems used on public transportation such as Suica and Pasmo, or money issued by retailers like Aeon. Meanwhile, only a minority of respondents, at 14.7%, use debit cards. Over 75% of the survey respondents cited 'earning points or receiving cashback' as well as 'easy and speedy payment' as a benefit of using code payments. In today's era of rising prices, consumers seem to be motivated by the desire to get something in return. Additionally, 21.7% of the respondents mentioned the convenience of 'peer-to-peer money transfer functions,' which are useful for such situations as splitting the bill for a group outing. The most commonly mentioned inconvenience or concern related to code payments is that it is not accepted by some stores, as mentioned by 62.2% of the recipients. Meanwhile, only 26.4% expressed concerns about unauthorized use and other security issues. (Translated from Japanese. Banner photo © Pixta.)
7 hours ago
Bridgestone to Sell Carbon Black Biz in Mexico
News from Japan Economy Aug 5, 2025 15:04 (JST) Tokyo, Aug. 5 (Jiji Press)--Bridgestone Corp. said Tuesday it will sell Mexico Carbon Manufacturing SA de CV to Cabot Corp. of the United States for about 70 million dollars as part of the Japanese tire maker's efforts to restructure its carbon black business. The deal is expected to close within three to six months, pending regulatory approval in Mexico. The impact of the sale on Bridgestone's financial forecast for this year is minimal, the company said. In July, Bridgestone announced the sale of its carbon black operations in Thailand to Japan's Tokai Carbon Co. Asahi Carbon Co., based in the city of Niigata, central Japan, will be Bridgestone's only carbon black arm. It will continue to develop and make the material for premium and racing tires. END [Copyright The Jiji Press, Ltd.] Jiji Press
