1. Nissan in Talks to Sell Spanish Plant to Communist Chinese Manufacturer
NHK reported on Oct 3, Nissan Motor Co. announced that it is in talks to sell its Barcelona, Spain, plant to a Communist Chinese automaker. As part of a structural overhaul to revive its sluggish performance, Nissan announced that it would close its plant in Spain last year. Still, strong opposition to the move from the Spanish government and local employees delayed the closure for a year. As a result, Nissan has been reviewing its expansion plans under the former Nissan chairman and has focused on three markets – Japan, China, and the United States – while reducing production capacity.
2.Japanese Coast Guard and U.S. Coast Guard Joint Training
Nippon News Network reported on Oct 3, The Japan Coast Guard and the U.S. Coast Guard conducted a joint training exercise at the port of Yokosuka in Kanagawa Prefecture and showed it to the public for the first time. Two rubber boats from each agency traveled side-by-side and chased a patrol boat that looked suspicious, approached, and stopped its movement. The Japanese and U.S. Coast Guard agencies have not held joint exercises since 2008. Still, this year is the first in 13 years to maintain maritime security in Asia and the Indo-Pacific region. The Japan Coast Guard said, “Today’s exercise reaffirmed the high level of technology possessed by both sides. We hope to continue training and strengthen our cooperation.”
3.JAL’s Domestic and International Route Utilization Rate in August: 44.7%, 30.7%
According to Japan Airlines, Aviation Wire reported on Oct 3 that the number of passengers on international flights increased by 2.93 times to 83,939 in August 2021, and the load factor increased by 5.1 points to 30.7%. On domestic routes, passengers increased by 17.0% to 1,207,684, and the load factor increased by 8.3 points to 44.7%. Passenger numbers on all courses were significantly higher than last year. The highest growth rate was on the Americas route with 34,791 passengers, a 4.69 times increase over the same month the previous year. The lowest growth was on European streets, where the number of passengers increased by 78.7% to 9,247.
4. More than 1,000 Panasonic Employees Quit Their Jobs Early
NHK reported on Sep 30 that more than 1,000 employees at Panasonic had retired early as part of the company’s restructuring. At a press conference, Panasonic’s president said that some employees who chose to leave the company had high expectations for their future careers but that the company had not done an excellent job explaining the purpose of the restructuring to employees. He also emphasized that the company’s management policy is to move away from pursuing short-term profits and not to set specific numerical targets such as profit margins.
5. Japan’s Kishida to Attend G-20 Summit in Late Oct
Kyodo News reported on Oct 3, Prospective Japanese Prime Minister Fumio Kishida plans to attend the Oct. 30-31 summit of the Group of 20 major economies in Rome. Kishida is considering skipping U.N. climate change talks starting Oct 31 in Glasgow, Scotland. His planned trip to the Italian capital could affect the dates of the official start of campaigning for a general election and voting. Kishida intends to dissolve the House of Representatives on Oct 14 for the election. Government and ruling party sources have speculated that campaigning for the election would start on Oct 26, with voting and ballot counting on Nov 7.
6. Japanese Government Considers North Korea’s New Missile “Difficult to Intercept”
Kyodo News reported on Oct 3; There is a growing sense of crisis within the Japanese government in the face of North Korea’s successive launches of new missiles, which it believes “are difficult to intercept and pose a further threat to the Japanese archipelago” (in the words of Defense Ministry officials). There are views that the new missiles, which seek to fly on irregular routes and at hypersonic speeds, are gradually weakening the effectiveness of Japan’s missile defense network. However, no countermeasures have been found yet. Self-Defense Force cadres made it clear that “it is difficult to shoot down interceptor missiles, such as those launched from the Maritime Self-Defense Force’s Aegis ships.” The government is sticking to its previous approach of pushing North Korea into a corner to abandon its nuclear and missile development through ongoing economic sanctions. Still, it isn’t easy to foresee any results.
【Himalaya Japan Galaxy- Alpha Planet】