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Japanese Enterprises In Europe

What do Nissan’s partnerships with Honda and Mitsubishi Corporation mean for Europe? Not a lot.

This post is also available in: JapaneseHonda and Nissan signing a non-binding Memorandum of Understanding on producing key components for electric vehicles and artificial intelligence in automotive software platforms is a further sign that Japanese car manufacturers are drawing their horns in and regrouping to focus on the Japanese domestic market. It is also further…

Mitsubishi Pencil acquires German pen maker Lamy

This post is also available in: JapaneseOne of the unofficial jobs I had at Mitsubishi Corporation in the UK was to be the recipient of incoming calls from customers complaining about random products that the telephonist on reception could not find a department to forward to. One time it turned out to be someone who…

Sony Interactive Entertainment to cut jobs and studios in Europe and globally

This post is also available in: JapaneseSony Group has announced that it will cut approximately 900 jobs, or 8% of Sony Interactive Entertainment’s workforce. The company will reduce the number of employees working at its game development studios in all regions of the world, including Europe, America, Japan, and the Asia-Pacific region. The layoffs affect…

Yusen Logistics acquires UK Enterprise Carrier Management company Global Freight Solutions

This post is also available in: JapaneseYusen Logistics, part of the NYK Group, has acquired Noel Topco, which in turn owns Global Freight Solutions, via its subsidiary International Logistics Group. Yusen Logistics acquired ILG in 2018 bringing in omnichannel fulfilment solutions for e-commerce brands, with operations in 13 bespoke facilities in the UK and EU….

Mitsui Sumitomo Insurance Group to double UK underwriting

This post is also available in: JapaneseMitsui Sumitomo Insurance Group acquired Amlin (now MS Amlin) in 2016 for £3.2bn but fell into the red since due to a series of natural disasters. The company has shed around 500 employees in the UK since, and now employs around 856 people. It also has operations in France,…

Fast Retailing to expand in Europe

This post is also available in: JapaneseFast Retailing, the owner of the Uniqlo brand, is intending to launch its sister brand GU in Europe. GU is pronounced ji-yuu, which means freedom in Japanese. It is aimed at the 10 to 30 year old age bracket, and is slightly cheaper than the Uniqlo brand. GU already…

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