Japanese automakers were handed a reprieve when President Donald Trump said he would lower tariffs on Japan to 15% from 25%. ( read original story ...)
Major Japan firms set record with pay hikes above 5% for second year
Major Japanese firms have agreed to increase monthly pay through pay scale hikes and regular raises by 5.39%, or ¥19,195, on average in this year's shuntō spring labor-management wage negotiations, a ... ( read original story ...)
Japan’s Auto Giants Are Expecting Pain Despite Trump Trade Deal
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The reduced rate has yet to be implemented. ( read original story ...)
Sony raises its profit forecast after saying it expects less damage from Trump’s tariffs
Japanese entertainment and electronics company Sony says its profit surged 23% in the last quarter from the year before, as damage from U.S. President Donald Trump’s tariffs was less than it had ... ( read original story ...)
Japan’s Topix hits record high on easing US tariff worries, domestic firms’ outlook
Japan's Topix index closed at a record high on Thursday after worries about the impact of U.S. tariffs eased, and increased investor optimism about strong performance of domestic firms.The broader ... ( read original story ...)
Sony hikes profit forecast seeing smaller trade war impact
Sony raised its full-year operating profit forecast on Thursday by 4% to 1.33 trillion yen ($9.01 billion), citing expectations of a smaller impact from U.S. President Donald Trump's trade war. ( read original story ...)
Trump wants more American pick-ups in Tokyo and London. That may be a hard sell
Donald Trump is right that Japan and Europe buy few American-made cars - but it has little to do with trade barriers. From Tokyo to London, many consumers see Detroit's offerings as simply too big and ... ( read original story ...)
We connect in Osaka
We aim to translate global insights into localized strategies in order to serve as tools that entrepreneurs in the Philippines can use to expand their network and enrich their mindset, with the hopes ... ( read original story ...)
Blackstone offers $3.5 billion for Japan’s TechnoPro as deal competition heats up
Blackstone said on Wednesday it would launch a $3.5 billion offer to take TechnoPro Holdings private, the latest in a series of deals that have helped push M&A dealmaking to record levels in Japan ... ( read original story ...)
Japan’s Norinchukin Bank swings to $393 million profit in first quarter
Japan's Norinchukin Bank booked a net profit of 58 billion yen ($393 million) for the April-June quarter, as its mass offloading of low-return foreign government bonds over the past year cut its ... ( read original story ...)
JPMorgan leads foreign banks for Japan earnings amid dealmaking spree
Japanese companies have stepped up acquisitions as well as sales of noncore units in recent years, providing more opportunities for investment banks. ( read original story ...)
Does Japan Want American Cars? Trump’s Push to Open Foreign Markets Faces Test.
President Trump is celebrating deals that lower trade barriers on American staples like cars. Experts question how much of an effect this will have. ( read original story ...)
Some in BOJ saw scope to resume rate hikes if trade friction eases, June minutes show
A few Bank of Japan board members said the central bank would consider resuming interest rate increases if trade friction de-escalates, minutes of its June policy meeting showed on Tuesday. ( read original story ...)
Media City Qatar connects with Japan’s gaming and content creation industry through Osaka roadshow
Strategic stops in Osaka & Tokyo featured SEGA, Nintendo, and Sony meetings, as well as a 450+ forum with gaming & content leaders. ( read original story ...)
AEON Co. Announces Strategic Business Integration to Dominate Tokyo and Kinki Regions
AEON Co ( ($JP:8267) ) has provided an update. AEON Co., Ltd. and its subsidiaries have announced a basic agreement to commence discussions on a ... ( read original story ...)
Japan to tighten requirements for popular business manager visa
The Immigration Services Agency will hike requirements for the business manager visa, which aims to lure entrepreneurs but is accused of setting the bar too low. ( read original story ...)