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Fast Retailing Achieves Record Half-Year Earnings

April 12, 2024 - 04:29
Fast Retailing, the company behind Uniqlo, reported record half-year sales for the period ending in February this year, buoyed by strong overseas performance in Europe and America, with revenues exceeding 1.59 trillion yen. (News On Japan)
Categories: Japan News

Panasonic Dives into Pre-owned Appliances Market

April 11, 2024 - 07:07
Panasonic has announced its full-scale entry into the second-hand home appliances business, a move driven by rising prices and a growing thrift-conscious consumer base. Here's a closer look at the initiative. (News On Japan)
Categories: Japan News

Yen Slides to 152 Against the US Dollar, Weakest in Nearly 34 Years

April 10, 2024 - 23:04
The has yen weakened to 152 yen to the dollar, the lowest level since July 1990, in reaction to the latest U.S. consumer price index, fueling speculation that the Federal Reserve Board (FRB) might delay the timing of interest rate cuts. (News On Japan)
Categories: Japan News

NTT DoCoMo and Amazon Tied on Points

April 10, 2024 - 18:29
NTT DoCoMo and Amazon have announced a collaboration in payment and point systems. (News On Japan)
Categories: Japan News

Japan's Corporate Goods Price Index Hits Record High in March

April 10, 2024 - 16:12
The Corporate Goods Price Index, which reflects the prices of goods traded between companies, reached an all-time high in both March and the fiscal year of 2023. (News On Japan)
Categories: Japan News

Can Global EVs Overturn Japan's Automotive Dominance?

April 10, 2024 - 07:12
On April 9, the broadcast of BS-TBS's "Hodo 1930" delved into the electric vehicle (EV) sector's shifting landscape, sparked by Tesla's reported sales dip and strategic pivot away from the low-cost EV market. (News On Japan)
Categories: Japan News

Japan to Shut Down Ethylene Production

April 9, 2024 - 12:21
Domestic production facilities for ethylene, a basic raw material for various chemical products including plastics, are set to be shut down for the first time in approximately ten years. (News On Japan)
Categories: Japan News

Corporate Bankruptcies in Japan Surge

April 9, 2024 - 01:29
Japan witnessed over 9,000 corporate bankruptcies nationwide in fiscal 2023 for the first time in nine years. (News On Japan)
Categories: Japan News

Companies Offers Subsidized Okinawa Retreats for Allergy Sufferers

April 8, 2024 - 16:11
As the hay fever season continues, one company has embarked on a bold initiative for its employees: work in Okinawa. (News On Japan)
Categories: Japan News

Japan's Real Wages Fall 1.3% in February

April 8, 2024 - 10:18
Despite a 1.8% increase in the total amount of cash earnings received by workers in February compared to last year, real wages, adjusted for inflation, decreased by 1.3%, marking the 23rd consecutive month of decline, (News On Japan)
Categories: Japan News

Over Half of Japan's Trucking Companies Operating at a Loss

April 8, 2024 - 07:47
An analysis conducted by a national association of trucking companies has revealed that 57% of its member businesses are operating at a loss. (News On Japan)
Categories: Japan News

Japan PM Inspects TSMC Factory in Kumamoto

April 8, 2024 - 00:25
During his visit to Kumamoto Prefecture on the 6th, Prime Minister Fumio Kishida toured the factory of Taiwan's leading semiconductor manufacturer, TSMC. During this visit, TSMC revealed plans to construct a second factory in Kikuyo Town. (News On Japan)
Categories: Japan News

BoJ's Holdings Reach All-Time High

April 5, 2024 - 21:18
The legacy of the Bank of Japan's (BoJ) aggressive monetary easing policy -- often described as "unprecedented easing" -- has swelled to a record high as the fiscal year comes to a close. (News On Japan)
Categories: Japan News

Nagasaki Leads Makku's Plastic Bag Charge

April 5, 2024 - 15:05
McDonald's Japan has started charging 5 yen for a plastic bag, regardless of size, across all 23 stores in Nagasaki Prefecture, ahead of a nationwide rollout. (News On Japan)
Categories: Japan News

Akita Bookstores Miss Release Dates

April 5, 2024 - 09:48
The "2024 Problem" in logistics has been affecting bookstores in Akita Prefecture since April, causing delays in the arrival of paperbacks and literary books, which now reach stores a day after their release date. (News On Japan)
Categories: Japan News

Rakuten to Issue $2.7 Billion in Bonds

April 5, 2024 - 07:05
Rakuten Group has announced its decision to issue new dollar-denominated bonds worth approximately 300 billion yen ($2.7 billion), aiming to refinance the debt incurred from previous investments in mobile telecommunications infrastructure. (News On Japan)
Categories: Japan News

Uniqlo Sells Second-Hand Clothes in Kyushu

April 4, 2024 - 10:11
Uniqlo, a leading clothing retailer, has announced the start of used clothing sales at its Tenjin store in Fukuoka City, a first for the brand in Kyushu. (News On Japan)
Categories: Japan News

Sukiya Beefs Up Prices, Pioneers Late-Night Surcharge

April 4, 2024 - 05:26
Beef bowls at Sukiya will see a price increase from April 3, along with a late-night surcharge, a first among major beef bowl chains. (News On Japan)
Categories: Japan News

Japanese Stock Splits Bolstering Market Values

April 3, 2024 - 12:17
With Japan's Nikkei hovering close to the 40,000 mark, market experts point out that the increasing trend of "stock splits" in recent years is supporting these higher stock prices. (News On Japan)
Categories: Japan News

Logistics Crisis 2024: Bus Tours and Strawberry Shipments Impacted

April 3, 2024 - 08:28
As Japan begins overtime regulations for drivers, popular bus tours are now being forced to reconsider their routes. (News On Japan)
Categories: Japan News

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