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Japan Official Hints at Possible Market Intervention

  • Category:Other
NIPPON
 
 
Japanese Vice Minister of Finance for International Affairs Atsushi Mimura on Monday hinted at the possibility of Japanese authorities intervening in foreign exchange and other markets after the dollar rose above 160 yen over the weekend.
"There are voices that speculative movements ar...

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Mitsubishi UFJ Group to Raise Mandatory Retirement Age to 65

  • Category:Other
JAPAN NEWS
 
 
Mitsubishi UFJ Financial Group, Inc. will raise the mandatory retirement age at its subsidiary banks and securities firms to 65 starting in fiscal 2027 as part of efforts to secure excellent employees regardless of age.
Mitsubishi UFJ Trust and Banking Corp. will revise its system ...

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Uniqlo Chairman Yanai Says Dodgers a ‘Turbo Engine’ for North American Business

  • Category:Shopping
JAPAN NEWS
 
Major League Baseball’s Los Angeles Dodgers and Japanese fast-fashion retailer Uniqlo have signed a partnership deal that includes the team’s ballpark adding Uniqlo Field to its name.
Tadashi Yanai, chairman and chief executive officer of the retailer’s parent company Fast Retailing ...

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Japan Firms Weigh Merging Power Chip Businesses

  • Category:Other
JAPAN NEWS
 
Japanese industrial conglomerate Toshiba said Friday it will start negotiations with Mitsubishi Electric and chipmaker Rohm to merge their power semiconductor businesses, as international competition over the sector heats up.
The move comes as Japan has been pushing for a greater pre...

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Luggage Storage Services in Japan Diversify in Effort to Boost ‘Hands-free’ Tourism, Address Overtourism

  • Category:Tourism
JAPAN NEWS
 
The number of foreign visitors to Japan is rising, and in response, luggage storage services are becoming more diversified, resulting in the growing popularity of “hands-free” sightseeing.
Multiple services are available in Ueno in Taito Ward, Tokyo, an area bustling with tourists.
E...

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Japan Begins 1st Release of State Oil Reserves in 4 Years

  • Category:Other
JAPAN NEWS
 
The Japanese government began releasing the country's state oil reserves on Thursday, in an effort to ensure a stable supply of oil products amid Iran's de facto closure of the Strait of Hormuz.
This is the first such release since the previous one in response to Russia's invasion of...

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Itochu Partners With ERI to Boost E-Waste Recycling in Japan

  • Category:Event
IMPAKTER
 
New partnership aims to boost Japan’s low e-waste recycling rates while strengthening domestic resource security
Japan Strengthens Domestic Recycling With Itochu-ERI Collaboration
Japan is taking steps to improve its handling of electronic waste, with Itochu partnering with U.S.-based ...

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Sogo & Seibu To Close Shibuya Store In September

  • Category:Other
JAPAN TIMES
 
Sogo & Seibu said Wednesday that it would close its iconic Seibu department store in Tokyo's Shibuya Ward at the end of September.
The closure comes as the company failed to reach an agreement on a contract extension with the rights holder for the land and buildings housing the stor...

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Japan Average Pump Price Drops to 177.7 Yen after Subsidies Resume

  • Category:Other
NIPPON
 
The average retail price of regular gasoline in Japan fell 13.1 yen from a week earlier to 177.7 yen per liter as of Monday, the industry ministry said Wednesday.
The drop came after the government resumed subsidies for oil wholesalers last week, in the face of surging crude oil prices a...

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Japan Govt to Mull Provisional Budget

  • Category:Other
NIPPON
 
The Japanese government will consider compiling a provisional budget in the event that the fiscal 2026 regular budget is not passed by the April 1 start of the year, an official said Monday.
"We will consider a provisional budget in preparation for unforeseen circumstances," Chief Cabine...

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