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Excessive Discounts Send Nissan Profits Plunging

  • Category:Other
THE JAPAN NEWS
 
Nissan Motor Co. has reported a massive 85 percent decline in operating profits — an area that indicates the strength or weakness of a company’s main business — in its midterm consolidated financial report for the half fiscal year ending in September.
The pursuit of increased sal...

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Lupin Sells Japan Arm To Unison For Rs 3,702 Cr, Exits Generic Business

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BUSINESS STANDARD
 
The company will now focus on specialty products in Japan; it is open to inorganic opportunities, especially in India
Pharma major Lupin has divested its entire stake in its Japanese subsidiary, Kyowa Pharmaceutical Industry Co Ltd, to private equity firm Unison for an enterpr...

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Japan – South Africa Business Council launched

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BRAND SOUTH AFRICA
 
Japan – South Africa Business Council launches at second SA Investment Conference (SAIC 2019)
JOHANNESBURG, 6 NOVEMBER 2019: The establishment of a Japan-South African Business Council, announced at the second South Africa Investment Conference (SAIC 2019), will help strength...

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Japan 'Glasses Ban' For Women At Work Sparks Backlash

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BBC
 
Wearing glasses at work has become an emotive topic in Japan following reports that some firms have told female employees to remove them.
Several local news outlets said some companies had "banned" eyewear for female employees for various reasons.
Among them, some retail chains reportedly s...

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Japan's SoftBank Tumbles Into Losses Over Costly Investments

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NEW YORK TIMES
 
TOKYO — Japanese technology company SoftBank Group Corp. has tumbled into losses for the fiscal second quarter over money-losing investments, including a bailout for office-space sharing startup WeWork.
The Tokyo-based company reported Wednesday a July-September loss of 700 billi...

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Tokyo: Japan's Film and TV Industries Contribute $126 Billion to Economy

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HOLLYWOOD REPORTER
 
 An in-depth report on the industry's overall economic impact was released by the Japan MPA at a seminar at the Tokyo International Film Festival.
Film and television production and distribution contributed $125.8 billion (¥13.7 trillion) to the Japanese economy in 2018 in bo...

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Microsoft Japan Says 4-Day Workweek Boosted Workers' Productivity By 40%

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NPR
 
Workers at Microsoft Japan enjoyed an enviable perk this summer: working four days a week, enjoying a three-day weekend — and getting their normal, five-day paycheck. The result, the company says, was a productivity boost of 40%.
Microsoft Japan says it became more efficient in several area...

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Japan To Step Up Monitoring Of Defense Firms' Business Conditions

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THE MAINICHI
 
TOKYO (Kyodo) -- The Defense Ministry will strengthen its surveillance of the financial conditions of domestic equipment suppliers to Japan's Self-Defense Forces, in an effort to ensure stable and safe procurement, a government source said Sunday.
It will also consider using state ...

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Japan Switches To Centralized Stress Tests For 5 Major Banks

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NIKKEI ASIAN
 
Rising overseas exposure seen posing new risks to financial system
TOKYO -- Japan's government and central bank will conduct joint stress tests on five large financial institutions, gauging their ability to absorb economic shocks as expansion abroad leaves them more vulnerable to e...

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Brexit Having A Negative Impact On 54% Of Japanese Companies In U.K., Survey Shows

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JAPAN TIMES
 
About 54 percent of Japanese companies with operations in the United Kingdom have been negatively impacted by the country’s planned exit from the European Union, up 28.7 percentage points from a year ago, a recent survey showed.
A whopping 70.8 percent of Japanese manufacturers in t...

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