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Category: BUSINESS

Posted on 09/08/2023

Sony Q1 profit tumbles as movie business disappoints

Japan's Sony on Wednesday said first-quarter profit tumbled due to weaker performances from its movies and financial businesses. Once a consumer electronics giant, the conglomerate has transformed ... ( read original story ...)

Posted on 09/08/2023

Japan’s Kinki Nippon Tourist travel agency pres. to resign in wake of overcharging scandal

A major Japanese travel agency announced on Aug. 9 the resignation of its president in the wake of findings that the company overcharged muni・・・ ... ( read original story ...)

Posted on 09/08/2023

SSY strengthens in Tokyo as it targets Japanese business

Broker Simpson Spence Young (SSY) has strengthened its Tokyo team as it seeks to take advantage of growing opportunities in Japan, including long-term project work. Three brokers have moved over from ... ( read original story ...)

Posted on 09/08/2023

Why Japan should swim in its own radioactive water

Despite scores of protests erupting all over the Korean peninsula, the Japanese government seems unbothered and largely unwilling to alter their stance on the issue. ( read original story ...)

Posted on 09/08/2023

A giant oarfish: the mirrored harbinger of earthquakes

Oarfish swim vertically, moving up and down and side to side like a cursor. It would be easier to believe they do not exist ... ( read original story ...)

Posted on 08/08/2023

Japan’s largest life insurance company bans investment in nuclear arms manufacturers

Japan's largest life insurer Nippon Life Insurance Co. will not invest in or finance nuclear weapons manufacturers under its new policy, the ... ( read original story ...)

Posted on 08/08/2023

Tokyo calling: India can only benefit from closer ties with Asia’s rising economic and military star

Tokyo decided to increase defence spending by $310 billion ... Japan wants India to offer a transparent and predictable business environment. Indeed, India could learn much from the practices that ... ( read original story ...)

Posted on 08/08/2023

Japan’s real wages down for 15th month in test for BOJ policy, economy

By Kantaro Komiya TOKYO (Reuters) -Japanese real wages fell for a 15th straight month in June, while nominal pay growth also slowed, suggesting companies will need to do more on salary hikes to drive ... ( read original story ...)

Posted on 08/08/2023

Japan June Real Wages Down for 15th Month Despite Solid Nominal Growth

TOKYO (Reuters) - Japanese real wages fell for a 15th straight month in June on relentless price hikes, but nominal pay growth remained robust amid rising salaries for high-income workers and a ... ( read original story ...)

Posted on 08/08/2023

Scandal-ridden Toshiba announces new buyout offer led buy Japanese businesses

The tender offer led by a buyout fund of major Japanese banks and companies called Japan Industrial Partners starts Tuesday and is priced at 4,620 yen, or about $32, a share. ( read original story ...)

Posted on 08/08/2023

Toshiba plans to proceed with 2 trillion yen buyout offer from Japanese conglomerate

On Monday, electronic giant Toshiba announced it would proceed with a tender offer from a conglomerate of Japanese banks and businesses called "Japan Industrial Partners." Talks ... ( read original story ...)

Posted on 08/08/2023

Xsolla announces new partnerships to support game developers and a new Tokyo location

Xsolla president Chris Hewish discusses how Xsolla’s new initiatives are aimed at helping developers seize new opportunities. ( read original story ...)

Posted on 07/08/2023

Japan could start Fukushima water release by end of this month: Report

The decision comes 12 years after the devastating earthquake and tsunami that led to the Fukushima nuclear meltdown. ( read original story ...)

Posted on 07/08/2023

Troubled Toshiba announces buyout offer led by Japan businesses

Toshiba has announced a 2 trillion yen, or $14 billion, tender offer in a move that would take it private, as the scandal-tarnished Japanese electronics and energy giant seeks to turn itself around. ( read original story ...)

Posted on 07/08/2023

Japan’s factory activity falls on soft orders

TOKYO, Aug 1 - Japan's factory activity contracted at a faster pace in July, a business survey showed on Tuesday, taking a hit from soft orders amid weakening global economic conditions. ( read original story ...)

Posted on 07/08/2023

Japan’s workers get rare pay bump after decades without a raise

“I think it will not necessarily lead to sustainable wage acceleration.” For some Japanese business owners, particularly those running small and medium-sized enterprises, the government’s ... ( read original story ...)

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