Says its stock will begin trading on the Tokyo Stock Exchange (TSE) Mothers on March 30, 2018, under the symbol “7320” * In its initial public offering, the company will offer a total of 160,500 common shares, comprised of newly issued 110,000 shares ... ( read original story ...)
Japan’s industrial output tumbles in January as inventories build up
TOKYO (Reuters) - Slowing production of cars and electronics in January tipped Japan’s industrial output into its biggest tumble since a devastating earthquake in March 2011, highlighting a weakening in demand and a build up of inventory. January’s ... ( read original story ...)
eBay to Acquire Giosis’ Japan Business
SAN JOSE, Calif., Feb. 27, 2018 /PRNewswire/ -- eBay Inc. (EBAY), a global commerce leader, will expand its presence in Japan with the acquisition of Giosis' Japan business, including the Qoo10.jp platform. eBay currently is an investor in Giosis Pte. ( read original story ...)
Japanese megabanks team up on mobile payments
TOKYO -- Japan's three megabanks are working together to standardize a smartphone payment system using QR codes, aiming to promote cashless transactions already widespread in China and elsewhere. Development costs are estimated to reach into the billions ... ( read original story ...)
Japan’s Finance Watchdog Eyeing ICO Regulation, Says Report
Japan's financial regulator is mulling the creation of a regulatory framework for companies raising funds through initial coin offerings, a report indicates. According to Sankei Shimbun, the Financial Service Agency is considering the revision of relevant ... ( read original story ...)
Amazon Japan pushes suppliers to help cover its costs
TOKYO -- Amazon Japan is asking many suppliers for "cooperation payments" in an apparent bid to shift some of the burden of rising shipping and other costs to business partners. The Japanese arm of Amazon.com is seeking payments equivalent to a given ... ( read original story ...)
Japan’s financial regulation shake-up seen as a game changer for banks
The Financial Services Agency is laying the groundwork for a regulatory overhaul that could lead to a shake-up in Japan’s ¥1 quadrillion banking industry. The agency is examining how to change the legal framework so that all providers of financial ... ( read original story ...)
Yearbook photo of American arrested in Japanese woman’s disappearance shows clean-cut look
according to Japanese media. Bayraktar attended William Floyd High School in Mastic Beach from 2007 and 2008, school officials confirmed to the Daily News Tuesday. In a yearbook photo from 2008, when he was a junior, Bayraktar appears solemn and unsmiling ... ( read original story ...)
Tokyo stocks open higher after Wall St gains
Tokyo stocks opened higher on Monday ... Sharp climbed 3.06 percent to 3,695 yen after a weekend report by the Nikkei business daily that it would set up a joint venture with its parent group Taiwan’s Hon Hai, better known as Foxconn, to produce cameras ... ( read original story ...)
Tourist from New York arrested in Japan as missing woman’s body parts are found in a suitcase
The police have not officially released the name of the suspect, though it has been widely reported in the Japanese news media. In an interview with Nippon TV in New York, the suspect’s parents told the network that their son loved Japan and wanted to ... ( read original story ...)
Japan collector’s Monet found after 60 years, but half gone
As Japan's war fortunes dwindled, the painting was moved to Paris for safekeeping. This and other works from the collection were requisitioned by the French government at the end of the war as enemy property. Most of the seized works were returned to Japan ... ( read original story ...)
Deutsche Bank to bolster balance sheet with funds IPO
The IPO would likely take place in the week of March 19 ... asset management and wants to improve its distribution network and expand in countries such as Japan, South Korea, Taiwan and Singapore. DWS had 3,800 staff managing €700-billion worldwide ... ( read original story ...)
Japan’s Chubu Elec, Osaka Gas see no major impact from PNG LNG plant shutdown
Japan's Osaka Gas sees no major impact on LNG procurement from the shutdown of ExxonMobil Corp's liquefied natural gas (LNG) plant in Papua New Guinea following a powerful earthquake in the country's remote highlands, company president Takehiro Honjo said ... ( read original story ...)
Japan’s cosmetics exports hit fifth straight annual record
TOKYO -- Japan's cosmetics exports jumped 39% to 371.5 billion yen ($3.48 billion) in 2017, marking a fifth straight record year, as inbound tourism creates new devotees who continue to use the products long after returning home. The Nikkei compiled the ... ( read original story ...)
Japan’s moms stay in work in record numbers
TOKYO -- More Japanese women are staying in work after childbirth as government policy to keep young mothers in the workforce begins to pay off. A tight labor market due to the shrinking population and the ongoing economic recovery are also factors ... ( read original story ...)
Japan: American tourist arrested after female body parts found across Osaka
He was arrested last week on suspicion of illegally confining the woman to another short-term rental property in Osaka’s Higashinari ward ... according to Kyodo News, which cited anonymous investigative sources. Those same sources said the two were ... ( read original story ...)