Tokyo stocks opened lower on Friday, hit by pessimism after Washington called off a planned summit with North Korea. The benchmark Nikkei 225 index slipped 0.27 percent or 60.14 points to 22,376.87 in early trade, while the broader Topix index was down 0 ... ( read original story ...)
Alps Electric to Acquire Greina Technologies, Inc. as Part of Sensor Business Strengthening
TOKYO--(BUSINESS WIRE)--May 24, 2018--Alps Electric Co., Ltd. (TOKYO: 6770; President: Toshihiro Kuriyama; Head Office: Tokyo) today announces that on May 14, 2018 the company signed a share purchase agreement with Greina Technologies, Inc. (Salt Lake City ... ( read original story ...)
Mexico to protect Japanese firms amid NAFTA rework: Japan official
MEXICO CITY (Reuters) - Japan’s foreign minister on Thursday said his Mexican counterpart promised to protect the interests of Japanese firms in talks to renegotiate the North American Free Trade Agreement. Japan’s Taro Kono told reporters in Mexico ... ( read original story ...)
Osaka Gas Engineering to Provide Consulting Services on Construction of LNG Receiving Terminals in Taiwan
OSAKA, Japan--(BUSINESS WIRE)--May 24, 2018--Osaka Gas Engineering Co., Ltd. (OGE), a subsidiary of Osaka Gas Co., Ltd. (Osaka Gas)(TOKYO:9532), has entered into an agreement to provide consulting services on construction of LNG receiving terminals of CPC ... ( read original story ...)
China, Japan protest US probe into need for auto tariffs
BEIJING — China and Japan both condemned Thursday the Trump administration's decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States. China's Commerce Ministry said Beijing ... ( read original story ...)
In cautious shift, TEPCO promotes renewables as business ‘pillar’
Tokyo Electric Power Co. Holdings Inc., an old guard in the ... and intensified competition from a liberalized power retail market have put the nuclear power business at a disadvantage. Tomoaki Kobayakawa, 54, who became TEPCO president in June last ... ( read original story ...)
Japan business mood improves, signals return to growth – Reuters Tankan
TOKYO (Reuters) - Confidence among Japanese manufacturers improved in May for the first time in four months while service-sector sentiment hit a record high, the Reuters Tankan poll showed, suggesting the economy may return to growth after a first-quarter ... ( read original story ...)
Tokyo lures in overseas hedge funds and fintech
TOKYO -- Hedge funds and financial technology groups are busy expanding to Japan, lured in recent months by the vast wealth waiting to be unlocked and a landscape more welcoming to fund managers and innovators. Hong Kong hedge fund Argyle Street Management ... ( read original story ...)
Bust reflects Tokyo’s boom in ‘granny hookers’
TOKYO (TR) – Last week, Tokyo police announced the bust of a so-called “delivery health” out-call business in the Uguisudani area of Taito Ward. On April 16, Yumiko Ono, the 70-year-old manager of Teiai Tsukutsuku, allegedly dispatched a prostitute ... ( read original story ...)
Turning Japan’s cultural barriers into a startup gold mine
TOKYO -- Where many see insurmountable hurdles in Japan's falling population, rigid business practices and language barrier, some see opportunity. The number of Japan-based tech startups has been on the rise since 2010, shadowing the advance of ... ( read original story ...)
Uber taps into Japan with first taxi-hailing pilot
"I'm very excited that Uber's technology will contribute to further enhancing the transit environment of Awaji Island," Brooks Entwistle, Uber's Chief Business Officer, said in the statement, adding it will be "the first initiative of its kind in Japan". ( read original story ...)
Thirsty? Tokyo reckons its tap water is great, offers it on tap
Tokyo is already in the business of selling tap water in plastic bottles, arguing that resource requires only 0.2 yen (0.2 cent) per liter in processing costs and its impact on the environment is one-thousandth that of mineral water. ( read original story ...)
TOKYO OHKA KOGYO CO., LTD. Has Invested 2 Million U.S. Dollars in Pixelligent Technologies, LLC.
KAWASAKI, Japan--(BUSINESS WIRE)--TOKYO OHKA KOGYO CO., LTD. (hereinafter the “Company”) (TOKYO:4186) announced that it has invested in Pixelligent Technologies, LLC (“Pixelligent”) in the U.S., one of the world’s leading manufacturers having ... ( read original story ...)
Tokyo Cement goes live with ERP system from Providence Global
The ERP solution is deployed across all business units of Tokyo Cement including the main cement manufacturing plant located in Trincomalee, the ready-mix concrete manufacturing plant network, bulk cement import operations terminal and biomass power ... ( read original story ...)
Uber pulls up in Japan with taxi-hailing service
Earlier this year, Uber CEO Dara Khosrowshahi told investors that Uber must change the way it does business in Japan, adding that it would focus on partnerships with taxi companies. Amid the global rise of ride-hailing services and other next-generation ... ( read original story ...)
Japan Airlines to enter agricultural business with farms aimed at tourists
NARITA, CHIBA PREF. – Japan Airlines Corp. says it will launch an agricultural business. The airline plans to run farms offering experience-based programs near Narita International Airport in Chiba Prefecture and sell agricultural products under the JAL ... ( read original story ...)