Nissan Motor says its president and CEO will step down. Uchida Makoto is seen as responsible for the Japanese automaker's worsening business, among other issues. (News On Japan)

McDonald's Japan announced that starting March 12th, it will raise prices on 40% of its core menu items, including hamburgers, fries, and nuggets, at select locations. (News On Japan)

The redevelopment plan for the former Nakano Sunplaza site has been scrapped due to soaring project costs, causing widespread reaction. (News On Japan)

Toyota will halt production at some of its plants starting the morning of March 10th following an explosion at a parts supplier in Toyota City, Aichi Prefecture, that left one person dead and two others injured. (News On Japan)