Agence France-Presse

Recent Events

News & Analysis

agence france-presse and mitsubishi corp. - All News and Analysis

• Japan's Mitsubishi UFJ says profits down almost 28%

  - 2008-05-20

  TOKYO AFP — Japanese megabank Mitsubishi UFJ Financial Group MUFG said Tuesday its annual net profits fell by almost 28 percent, hit by subprime losses and weak financial markets. Japan's largest banking group posted net earnings of 636.6 billion yen (6.1 billion dollars) for the fiscal year to March....

  Tags: Agence France-Presse, Banking, FINANCE, Japan, Mitsubishi Corp., Mortgages

• Japan's Mitsubishi UFJ profits down on subprime losses

  - 2008-05-20

  TOKYO AFP — Japanese megabank Mitsubishi UFJ Financial Group MUFG said Tuesday its annual net profits fell by almost 28 percent, hit by subprime losses, and forecast a sluggish performance this year. The earnings slump at Japan's biggest banking group caps a difficult past year for the sector, which...

  Tags: Agence France-Presse, Mitsubishi Corp., Mitsubishi UFJ Financial Group Inc.

• Emirates denies plans to buy Japan's first passenger jet

  - 2008-03-25

  DUBAI AFP — Dubai-based airline Emirates on Tuesday denied reports it is planning to buy a new regional passenger jet under development in Japan -- the first such aircraft to be built in the country. Japan's Kyodo News, quoting an unnamed source familiar with the matter, said Emirates was...

  Tags: Agence France-Presse, aircraft, Dubai, Emirates, Japan, Manufacturing, Mitsubishi Corp.

• Former Mitsubishi Motors officials convicted over defects

  - 2007-12-13

  TOKYO AFP — A Japanese court on Thursday convicted two former officials at Mitsubishi Motors of negligence resulting in death over truck defects that caused a fatal accident. The Yokohama District Court handed 18-month prison sentences, suspended for three years, to Hiroshi Murakawa, who was in charge of quality...

  Tags: accident, Agence France-Presse, defect, Mitsubishi Corp.

• Japan network unveils hidden anti-counterfeit code

  - 2007-12-05

  TOKYO AFP — Japanese public broadcaster NHK on Wednesday unveiled a new system to put hidden identifiers into films to trace counterfeit works distributed over the Internet. The system, developed with the Japanese technology company Mitsubishi Electric Corp., consists of highly detailed electronic signals which are put inside films...

  Tags: Agence France-Presse, cinema, INTERNET, Japan, Mitsubishi Corp., network, NHK

• Japan's top bank Mitsubishi UFJ issues profit warning

  - 2007-10-31

  TOKYO AFP — Japan's biggest bank Mitsubishi UFJ Financial Group MUFG Wednesday warned of a profit slump this year due to weak income, losses on subprime loans and problems at its credit card subsidiary. MUFG now expects a 31.9 percent drop in net profits to 600 billion yen (5.2...

  Tags: Agence France-Presse, bank, income, Mitsubishi Corp., SALES

• Mitsubishi Motors seen increasing production capacity in Japan

  - 2007-10-06

  TOKYO AFP — Japanese automaker Mitsubishi Motors plans to expand production capacity in Japan by 10 percent to meet strong demand for exports, a report said Saturday. It will also improve output efficiency by moving some production overseas, the Nikkei business daily said, without citing sources. Currently, Mitsubishi's...

  Tags: Agence France-Presse, Mitsubishi Corp., Nikkei

• French-Japanese consortium to carry out US nuclear study

  - 2007-10-02

  PARIS AFP — An international consortium led by French nuclear group Areva and Japan's Mitsubishi Heavy Industries has won a 5.6-million-dollar contract to carry out a feasibility study for a giant nuclear fuel recycling project in the United States, Areva said Tuesday. Areva "has signed a contract today with...

  Tags: Agence France-Presse, Areva, consortium, Mitsubishi Corp., Strategy, U.S.

• Mitsubishi, Areva to bid for US nuclear project

  - 2007-06-21

  TOKYO AFP — Japan's Mitsubishi Heavy Industries Ltd. and France's Areva have jointly bid for a multi-million-dollar research and development project on a US nuclear fuel cycle program, a spokesman said Friday. The United States is set to resume building nuclear power plants after a gap of more than...

  Tags: Agence France-Presse, Areva, Japan, Mitsubishi Corp., spokesman

• Boeing denies deal with Mitsubishi on new passenger jet

  - 2007-06-20

  LE BOURGET, France AFP — Boeing denied a newspaper report on Wednesday that it had signed a cooperation deal with Mitsubishi Heavy Industries to help promote Japanese proposals for a regional jet. "No documents were signed," said Boeing spokesman Randolph Harrison. "We agreed to continue our studies." ...

  Tags: Agence France-Presse, Boeing Co., Mitsubishi Corp., Nikkei