News Column

Kyodo news summary -7-

January 31, 2014

TOKYO , Jan. 31 -- ( Kyodo ) _ ---------- Honda group net profit up 38.5% in April-Dec. TOKYO - Honda Motor Co. said Friday its group net profit in the April to December period in 2013 rose 38.5 percent from a year earlier to 403.60 billion yen , due to a weaker yen boosting its overseas sales. Its operating profit increased 43.1 percent from the previous year to 584.99 billion yen on sales of 8.75 trillion yen , up 22.6 percent. ---------- Japan's minivehicle output hits record high in 2013 TOKYO - Japan's minivehicle production in 2013 rose 4.3 percent from the previous year to 2,110,080 units, hitting the highest level since 1966 when the data began to be compiled, an industry body said Friday. Meanwhile, total domestic vehicle production, including that of minivehicles with engine displacements of up to 660 cc, fell 3.1 percent in the year to 9,630,070 units due to a decline in passenger car output, according to the Japan Automobile Manufacturers Association . ---------- FEATURE: Group plans business school for working mothers TOKYO - Being a working mother in Japan Inc. is tough. But the heavy burden of housework and child-rearing on the side of trying to excel at work is not deterring a group of women from pushing forward with their ambitious plan to create Japan's first business school for working mothers by working mothers and to trigger changes in the country's corporate culture. The group's founding members come from all walks of life, from entrepreneurs and company employees to freelancers, but they share the same vision of exploring new work cultures and creating a society where women do not have to give up their careers after childbirth. ---------- FOCUS: Hope rising among Indonesia mudflow victims as election nears SIDOARJO, Indonesia - A hot wind was blowing around the 12-meter-high dike in East Java Province's Sidoarjo Regency as dozens of people gathered at the edge of the dike, apparently waiting for someone. They are motorcycle taxi drivers, who have earned a living for the past eight years by giving people tours around the dam to enjoy the view of a mudflow produced by an unabated spurt of a gas exploration well. ---------- Japan Airlines revises profit forecast to 148 bil. yen for FY 2013 TOKYO - Japan Airlines Co. said Friday it has revised upward its group net profit forecast for fiscal 2013 to 148 billion yen , down 13.8 percent from the previous year, due partly to robust demand for international flights especially to and from Southeast Asia . The airliner also raised its outlooks for consolidated operating profit and revenue for the year through March to 158 billion yen , down 19.1 percent, and 1.29 trillion yen , up 4.2 percent.

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Source: Japan Economic Newswire

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