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August 14, 2026
 

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MAKINO MILLING MACHINE

Makino's machine tools are widely used in defense applications and a planned takeover by a South Korean fund could undermine Japan's national security, Finance Minister Satsuki Katayama says.
BUSINESS / Economy
Apr 23, 2026
Japan moves to block South Korean buyout deal with rare use of security law
Makino¡¯s machine tools are widely used in defense applications and the takeover could undermine national security, Finance Minister Satsuki Katayama said in parliament.
Nidec has decided to withdraw a ?257 billion ($1.8 billion) unsolicited tender offer for machine tool maker Makino Milling Machine, bowing to strong resistance from its target.
BUSINESS / Companies
May 9, 2025
Nidec withdraws its $1.8 billion hostile takeover bid for Makino Milling Machine
Makino?had previously threatened to block the takeover by granting stock acquisition rights to existing shareholders.
Makino Milling Machine's headquarters in Tokyo on Friday.
BUSINESS / Companies
Dec 27, 2024
Â鶹´«Ã½ Nidec takes aim at Makino Milling with $1.6 billion unsolicited bid
Nidec said Makino¡¯s board had not agreed to the ?11,000 per share offer, a 42% premium to Thursday¡¯s closing share price, as it had not proposed the bid before announcing it.
Forty-five meters down, a diver races to record a fleeting moment of WWII history
Kingo Wakasa photographs the kamikaze plane wing section he discovered at the USS Emmons wreck site.
New ¡®Katsu Curry Index¡¯ aims to show how weak the yen really is
A CoCo Ichibanya curry house in Tokyo.
Mexican man arrested over attempt to smuggle some 200 lizards into Japan
Mexican alligator lizards seized by Tokyo Customs from a Mexican man who attempted to smuggle them into Japan on Saturday through Haneda Airport
Gut bacteria may be behind many of Â鶹´«Ã½ colorectal cancer cases
A Japanese research team found that a toxin produced by certain E. coli strains, colibactin, caused genetic mutations in nearly half of colorectal cancer cases studied
She is Russia¡¯s richest woman. Her business empire is going up in flames.
Tatyana Kim, the head and co-founder of Wildberries, speaks about Ukrainian drone attacks on the company's warehouses in the course of the Russia-Ukraine conflict, at an unidentified location, in this still image from a handout video released on July 31.
Forty-five meters down, a diver races to record a fleeting moment of WWII history
Kingo Wakasa photographs the kamikaze plane wing section he discovered at the USS Emmons wreck site.
Ikarigata closer to emulating older brother Fujinokawa than many think
The future Fujinokawa (third from left) and Ikarigata (right) compete against each other at ages 5 and 3, respectively.
Where do foreign residents in Japan want to die?
The Yokohama Foreign General Cemetery is one of the few cemeteries in Japan that allows burials, albeit with conditions for the deceased, including foreign nationality and permanent residency in Kanagawa Prefecture.
¡®Total whiplash¡¯: Foreign residents react to Â鶹´«Ã½ changing permanent residency rules
The entrance to the Tokyo Immigration Bureau in Minato Ward, Tokyo, in March. For some foreign residents of Japan, tightening measures for permanent residency have become one factor in a broader calculation over whether remaining in the country makes financial sense over the long term.
As Â鶹´«Ã½ concrete jungles sizzle, urban forestry offers an all-natural fix
People and birds find relief from the sun in Tokyo's Nakano Ward earlier this month. While experts agree that urban greening is crucial to mitigating the impact of climate change, trees are becoming even more scarce in Japanese cities.

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