Nintendo cuts profit forecast as strong yen overwhelms Pokemon

OSAKA, Japan (Reuters) - Japanese videogames maker Nintendo Co cut its annual profit outlook by a third on Wednesday as a strong yen erodes income earned overseas and overwhelms an earnings bounce from its surprise hit smartphone game Pokemon GO. But the ... ( read original story ...)

Japanese Santur Player Returns Home From Iran With a Mission

For this purpose, Iwasaki, 27, is aiming at santur solo performance. He stayed in Iran for four years to expand what he had initially learnt of santur at Osaka College of Music. Before Iwasaki left Iran for Japan, ISNA conducted an interview (published on ... ( read original story ...)

Japan’s Negative Rates Prod Megabanks to Offshore Wind Loans

“Lending for overseas projects will continue so long as there’s no weakening of policies” to support clean energy, said Megumu Murakami, who studies climate change finance for the Japan Research Institute, a unit of Sumitomo Mitsui. “The banks have ... ( read original story ...)

Bank of Japan delays inflation timeline again

Japan's central bank on Tuesday pushed back its timeline for reaching a high-profile inflation target, in the latest acknowledgement that Tokyo's war on deflation is falling way below expectations. After a policy meeting, the Bank of Japan said it now ... ( read original story ...)

Japan factory output, retail sales flat in September

Japan's factory output and retail sales were flat last month, data showed on Monday, painting a bleak picture for the world's number three economy as the central bank kicks off a policy meeting. The lukewarm readings come on the heels of disappointing ... ( read original story ...)

Japan's MUFG launches aviation finance business in the Americas

Mitsubishi UFJ Financial Group Inc (8306.T) has launched a new business in the Americas to help airlines and other companies finance the purchase of planes, company executives told Reuters. The move highlights how large players in the aviation industry ... ( read original story ...)

Japan Sept industrial output stalls in worrying sign for economy

TOKYO (Reuters) - Japan's industrial output stalled in September in a worrying sign that the economy, already struggling to mount a sure-footed recovery, may be losing some momentum due to weak consumer spending and exports. Separate data showed retail ... ( read original story ...)

Japan life insurers look to diversify foreign bond holdings

Japan's life insurers have traditionally stuck to Japanese government bonds (JGBs), but they have diversified their portfolios over the past several years as domestic debt yields have declined sharply under central bank easing. Sticking to their game plans ... ( read original story ...)

Japan's Factory Output Unchanged in September

Oct. 31 -- Japan's industrial production remains unchanged in September, falling short of expectations and is the latest snapshot of Japan's economy as central bankers gather to discuss monetary policy. Bloomberg's Brian Fowler reports on "Bloomberg Markets." ( read original story ...)

Japan Airlines cuts outlook as H1 net profit dives

Japan Airlines on Monday slashed its full-year earnings outlook as it said fiscal first-half net profit nosedived owing to a slump in its international business. The carrier said its bottom line in the six months through September shrank to 71.4 billion ... ( read original story ...)

Japan's Peach Aviation to open Sapporo base

International flights are also on the cards, it said. At present, Peach connects Sapporo with Osaka Kansai and Tokyo Narita. To access our news database including full archive search and exclusive stories reported first by ch-aviation you need to upgrade ... ( read original story ...)

Sapporo Vietnam launches exclusive beer in VN market

HO CHI MINH CITY - The Japanese brewery Sapporo VietNam Ltd on July 12 launched Blue Gap beer, an exclusive product for the Vietnamese market, by the end of this month. The brewery has previously offered the exclusive beers Sapporo Vietnam and Sapporo ... ( read original story ...)

Tsuruha settles damages suit with Tepco over Fukushima disaster

SAPPORO – Sapporo-based drug store chain Tsuruha Co. on Friday agreed with Tokyo Electric Power Company Holdings Inc. to settle a damages suit related to the 2011 nuclear accident at the utility’s Fukushima No. 1 plant. In the suit, Tsuruha, a unit of ... ( read original story ...)