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It’s Now Legal To Buy Beer And Cigarettes At Self-Checkout Registers In Japan

  • Category:Other
JAPAN TODAY
 
It may have taken a while for the idea of self-checkout at retail stores in Japan to gain traction, but it’s becoming increasingly common. As shoppers get used to the systems they’re enjoying the upsides of shorter lines and quicker transactions, and self-checkout is about to get ev...

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Nintendo Is Raising Its Employee Pay By 10% In Japan

  • Category:Other
NINTENDO LIFE
 
Despite a downturn in sales and profits for Nintendo in its third quarter, it's reportedly raising the base salaries of its employees by 10% in its homeland.
A report by Reuters reveals the Japanese video game giant is taking action to secure the "long-term growth" of its workforc...

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Japan Installs Duty-Free Vending Machines To Serve Tourists

  • Category:Other
ARCHYDE
 
 
Vending machines make it easier for Japanese tourists to shop duty-free.
Japan has long been a world leader in facilitating shopping with the help of vending machines.
This convenience is currently being extended by WAmazing Inc. to help Foreign tourists save time duty free shopping.
...

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Japan Confirms Record Interventions To Support Yen

  • Category:Other
BRECORDER
 
Japan confirmed on Tuesday that it made record interventions in the foreign exchange market in October, selling the dollar worth 6.35 trillion yen ($48 billion) to support the yen currency, Ministry of Finance (MOF) data showed.
The quarterly data showed a steep drop in the yen to a 3...

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Japan Needs Stable, Sustained Inflation, Gov't Official Says

  • Category:Other
JAPAN TODAY
 
 
Japanese Deputy Chief Cabinet Secretary Seiji Kihara on Sunday stressed the need to achieve an economy where inflation rises stably and sustainably, when asked whether the next central bank governor should maintain ultra-easy monetary policy.
"What's important is to create economi...

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Private Equity Firm MBK Paid Over $300 Million For Japan Elderly Care Business

  • Category:Other
CNA
 
North Asia-focused private equity firm MBK Partners paid over $300 million to wholly acquire Unimat Retirement Community Co (URC), a Japanese elderly care service provider, a person with direct knowledge of the deal told Reuters on Wednesday.
Seoul-based MBK announced the acquisition of URC...

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Japan's Factory Activity Shrinks For Third Month In January

  • Category:Other
JAPAN TIMES
 
Japan’s factory activity contracted for a third straight month in January, a private survey showed on Wednesday, although manufacturers’ outlooks remained upbeat on improved supply and price conditions.
Amid worsening global economic conditions, Japanese companies are facing calls f...

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Tokyo Disneyland Operator to Raise Wages by 7%

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JAPAN NEWS
 
Oriental Land Co. , the operator of the Tokyo Disneyland and DisneySea theme parks, said Monday that it will raise wages for its employees by an average of around 7%, effective on April 1.
Some 21,800 workers, including part-timers known as cast members, will be subject to the wage i...

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New Toyota President to Helm Firm Amid Fierce Competition

  • Category:Other
JAPAN NEWS
 
Toyota Motor Corp. presidential designate Koji Sato will likely have to contend with fierce competition from various industries when he takes the company helm in April.
The auto industry is in the midst of a “once-a-century” major transformation: Growing demand for decarbonized trave...

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Toyota To Replace Akio Toyoda As President And CEO

  • Category:Other
JAPAN TODAY
 
Toyota Motor Corp named Koji Sato president and CEO on Thursday, in a surprise reshuffle that sees third-generation chief executive Akio Toyoda step aside to become board chairman of the world's top-selling automaker.
The Japanese automaker said Sato, 53, would also become operating...

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