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Kyodo Industry Brief (April 25) -2-.

TOKYO, April 25 Kyodo

---------- ANA to launch Narita-Seattle service July 25, earlier than planned

TOKYO - All Nippon Airways Co. said it will start its daily round-trip service connecting Narita airport near Tokyo with Seattle on July 25, moving up its initial plan to do so in October or later to capture passenger demand in the busy summer season.

---------- SMBC to buy stake in Chinese asset management firm

TOKYO - Sumitomo Mitsui Banking Corp. said it will acquire a 24 percent stake in China Post & Capital Fund Management Co., a Chinese asset management firm, for an estimated cost of 10 billion yen from Beijing Chang'an Investment Group Co.

---------- Nidec to launch motor production in India in Dec. 2013

TOKYO - Nidec Corp. said it will begin producing electric motors for automobiles and electrical appliances in December 2013 at its first plant to be built in the Neemrana industrial area near Delhi.

---------- Nissan to launch Cima luxury hybrid sedan in May

TOKYO - Nissan Motor Co. said it will launch the Cima luxury hybrid sedan in May following a production hiatus of more than 20 months since August 2010.

---------- Aeon opens shopping center targeting seniors

TOKYO - Major Japanese supermarket chain operator Aeon Co. opened a shopping center in Funabashi, Chiba Prefecture, with a wide array of products and services aimed at senior customers, in a move reflective of an increasingly graying society with fewer children.


(NOTE: Corporate press releases are available on Japan Portal, a multilingual website powered by Kyodo News providing information about a wide range of topics and events in Japan.

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Publication:Japan Transportation Scan
Geographic Code:9JAPA
Date:Apr 30, 2012
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