Rakuten posted a January-March loss of 102.7 billion yen for the mobile business -- though that was narrower than in the same period a year earlier. ( read original story ...)
Japan’s Rakuten posts $564 mln loss in Q1 on mobile loss
Japanese e-commerce and fintech giant Rakuten Group Inc on Friday posted an operating loss of 76.2 billion yen ($564.24 million) for the first three months of 2023, dragged down by its money-losing ... ( read original story ...)
Japan’s Rakuten posts $564m Q1 loss in weak mobile business
Japanese e-commerce and fintech giant Rakuten Group on Friday posted an operating loss of 76.2 billion yen ($564.24 million) for the first three months of 2023, dragged down by its money-losing mobile ... ( read original story ...)
Foxconn, Sharp shares slide after Japan firm’s surprise writedown
By Kiyoshi Takenaka and Sarah Wu TOKYO/TAIPEI (Reuters) -Shares of Taiwan's Foxconn and its display affiliate Sharp Corp fell on Friday after the Japanese firm reported a surprise $1.9 billion loss ... ( read original story ...)
Shares of Japan’s Sharp tumble after $1.9 billion full-year loss
Shares of Sharp Corp, the Japanese electronics maker owned by Taiwan's Foxconn, tumbled 7% on Friday after it reported a $1.9 billion loss on write-downs of its panel display business and other assets ... ( read original story ...)
Japan M2 Money Stock Climbs 2.5% On Year In April
The M2 money stock in Japan was up 2.5 percent on year in April, the Bank of Japan said on Friday - coming in at 1,232.4 trillion ... ( read original story ...)
‘Dairy crisis’ hits Japan as farm bankruptcies see 10-year high
We're beginning to see a 'dairy crisis' in which domestically-produced milk becomes hard to obtain." (Japanese original by Yusuke Hiratsuka, Business News Department) ... ( read original story ...)
Japan Poised For Digital Transformation?
Despite a well-earned reputation for high-tech hardware – think robots, automobiles and high-speed trains – Japan had fallen behind in the digital era. Will their new momentum to digitalize be ... ( read original story ...)
Japan tech investor SoftBank sinks into second year of losses
Japanese technology investor SoftBank Group is reporting a loss of 970 billion yen, or $7 billion, for the fiscal year that just ended ... ( read original story ...)
Two more get suspended jail terms in Tokyo Olympics bribery scandal
Two Japanese businessmen were handed suspended prison sentences on Thursday in the latest convictions in a bribery scandal surrounding the Tokyo 2020 Olympics. Corruption allegations have spiralled in ... ( read original story ...)
Business urges more green trade with China
Australia is being urged to look at green energy development as it seeks to wean itself off its dependence on China’s demand for bulk commodities. ( read original story ...)
Lower Tokyo Office Vacancies Give Relief to Market After Covid
Tokyo’s office vacancy rate fell in April, offering temporary relief to landlords as cities around the globe struggle with empty space after hybrid work took root during the pandemic. ( read original story ...)
Two more handed suspended jail terms in Tokyo Olympics scandal
Two Japanese businessmen were handed suspended prison sentences on Thursday in the latest convictions in a bribery scandal surrounding the Tokyo 2020 Olympics.Last month, the former chairman of a high ... ( read original story ...)
5.4 magnitude earthquake near Tokyo causes minor injuries, damage
An earthquake has shaken Japan’s capital, Tokyo, and surrounding areas, injuring several people and causing minor damage ... ( read original story ...)
Jackery makes its debut at the 18th Office Disaster Prevention EXPO 2023 (Tokyo)
"We demonstrate during the expo how Jackery products may be used successfully in scenarios involving disaster prevention. Our goal is to demonstrate the practical applications and benefits of our ... ( read original story ...)
Japan, South Korea partnership funds to go to chips, energy
Top business leaders from Japan and South Korea will use a fund meant to underscore the two countries’ burgeoning ties to strengthen their cooperation in energy, industry and other sectors. Japan ... ( read original story ...)