Japan’s pachinko industry, a bulwark in the country’s amusement industry, has been hit hard during the pandemic. According to pachinko news site Green Belt, nearly 640 pachinko parlors closed in 2021. ( read original story ...)
Tokyo Loses Population for First Time in 26 Years Amid Pandemic
Tokyo’s population shrank last year for the first time in a quarter century, as more businesses turned to remote work amid the pandemic. The population of Japan’s capital dropped by about 48,600 ... ( read original story ...)
Japan’s Seven & i to sell department store unit, Nikkei reports
Japanese retailer Seven & i Holdings Co Ltd is in final negotiations to sell its department store unit, Sogo & Seibu, the Nikkei business daily reported on Monday, amid investor pressure to focus on ... ( read original story ...)
How a Long-Lost Soldier’s Survival Story Riveted—and Confounded—’70s Japan
Before the wild-eyed man could escape, they grabbed him, tied his hands behind his back, and marched him at gunpoint to the island authorities, who could scarcely believe the story he had to tell. The ... ( read original story ...)
Kishida says not considering COVID state of emergency for Tokyo
Prime Minister Fumio Kishida said Monday he is not yet considering declaring a state of emergency for Tokyo over a recent spike in novel coronavirus cases amid the spread of the highly contagious ... ( read original story ...)
USD/JPY to motor on the upside on no concern over yen weakness from Tokyo – ING
Economists at ING highlight no signs of concern from Japan regarding JPY weakness. As such, they expect USD/JPY to race higher given that no action is set to take place until the pair reaches the 120 ... ( read original story ...)
Japan’s factory output dips amid doubts over economic recovery
Japan’s factory output has shrunk for the first time in three months in December as a decline in machinery production outweighed a small rise in auto production, casting a cloud over the strength of ... ( read original story ...)
A Tokyo restaurant becomes a base for expats from Myanmar to rally support for their homeland
Featuring cuisine from various regions of Myanmar, Spring Revolution Restaurant shows how united the country could be. ( read original story ...)
Japan’s December factory output falls faster than expected
Factory production lost 1.0% in December from the previous month, pulled down by a decline in output of general-purpose and production machinery, including chip-making equipment. ( read original story ...)
Japan Quarterly Output Gain Signals Growth Return Before Omicron
Japan’s industrial production rebounded last quarter, with the recovery in manufacturing likely helping restore economic growth at the end of 2021 before the omicron variant started its rapid spread. ( read original story ...)
Japan Industrial Output Rises 2.7% On Year In December
Industrial production in Japan gained 2.7 percent on year in December, the Ministry of Economy, Trade and Industry said on Monday. ( read original story ...)
Fake friends: Pyramid scheme disguised as socializing spreads in Japan amid COVID
A group of young people standing by in front of major stations in Tokyo and Osaka, who approach pedestrians and ask things like ... ( read original story ...)
Tokyo Electron brings Albany Nanotech to next level with French scientist
ALBANY - If Albany Nanotech is awarded the National Semiconductor Technology Center — a $2 billion federal research center for computer chip manufacturing research envisioned by U.S. Sen. Majority ... ( read original story ...)
Can Tokyo become Asia’s top hub?
Tokyo is unveiling new funds for environmental and social impact companies in an ongoing push to grow the Japanese capital as an international finance hub. ( read original story ...)
Texas, Tokyo sign mutual agreement to enhance business investments
In an effort to increase foreign-domestic investment, the Texas Economic Development and Tourism Office and the Tokyo Bureau of Industrial and Labor Affairs signed an agreement Wednesday that ... ( read original story ...)
Institutional Investors, Activists And Legal Reforms Begin Altering Japanese Corporate Governance.
Shareholder activism continues to gain momentum in Japan as domestic institutional investors become increasingly receptive to shareholder proposals and board nominees. Even when activist proposals are ... ( read original story ...)