In addition to trying to establish a dominant chip producer in Japan, subsidies have also been aimed at attracting the global leaders that once took its chip business. With aid from the Japanese ... ( read original story ...)
Japan’s 7-Eleven reportedly considering management buyout of up to $58B
TOKYO, Japan — Japan’s Seven & i Holdings 3382.T is considering launching a management buyout that would see the retailer go private in a deal that could be worth up to $58 billion, Bloomberg News ... ( read original story ...)
Japanese carmakers are losing ground as China surges ahead in the EV race
Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitive EV market. ( read original story ...)
Japan’s SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments. ( read original story ...)
Japan’s political lynchpin Tamaki aims to unleash Yellen-inspired economic boom
Yuichiro Tamaki, the leader of a small opposition party now able to wield outsized political influence, had long puzzled over how best to revive a moribund deflation-entrapped Japanese economy. ( read original story ...)
Minority government in Japan can help retail stocks and utilities
Prime Minister Shigeru Ishiba may cut taxes to keep smaller parties on side — increasing workers’ disposable income. ( read original story ...)
Japan to propose $65 billion plan to aid chip industry, draft shows
The plan, with financial support worth ¥10 trillion or more, comes as countries look to strengthen their control over chip supply chains. ( read original story ...)
Japan’s Stimulus Package to Include Price Relief Steps, NHK Says
Japan’s new economic stimulus package will feature cash handouts to help low-income households deal with inflation and extra funding for disaster preparedness, according to public broadcaster NHK. ( read original story ...)
A boom for business tourism in Japan?
Japan’s MICE sector is expanding rapidly, adapting with tech upgrades, flexible venues and sustainable initiatives as the Osaka Expo approaches. ( read original story ...)
Global warming hitting Japan ski resorts hard, may affect Hokkaido’s famed Niseko snow
Question: How bad is the situation with ski resort business closures in Japan? Answer: According to corporate credit research firm Teikoku Databank Ltd., seven ski resort operators went bankrupt in ... ( read original story ...)
Spike in bad customer behaviour in Japan sees firms like 7-Eleven push back
An increase in abusive customers, which in extreme cases has driven workers to suicide, is seeing some Japanese companies take a stand The Japanese are often said to be well regarded for their ... ( read original story ...)
Osaka Gas Co. Reports Decline in Earnings for 2024
Osaka Gas Co., Ltd. is a leading energy company based in Japan, primarily engaged in the production, supply, and sale of natural gas and electricity, while also focusing on international energy and ... ( read original story ...)
Japan and Peru to agree on mineral mining technology tie-up, report says
Resource-poor Japan has been actively reinforcing global supply chains for critical minerals — essential components for decarbonization technology. ( read original story ...)
Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a fifth of its manufacturing capacity as it struggles with sales in China and ... ( read original story ...)
Nissan slashes 9,000 jobs in restructuring, cuts CEO’s pay in half
Mitsubishi Motors after burning through 448.3 billion yen (S$3.87 billion) in cash Read more at straitstimes.com. ( read original story ...)
Japan intervened twice last quarter to bring yen below ¥160
The Finance Ministry intervened on July 11 and 12, spending ¥3.17 trillion and ¥2.37 trillion respectively to prop up the yen. ( read original story ...)