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istyle, Amazon Join Forces

  • Category:Other
JAPAN NEWS
 
The Japanese operator of @cosme, one of the nation’s largest cosmetics and beauty portals, announced capital and business tie-ups with Amazon.com on Monday.
The U.S. tech giant will invest up to ¥14 billion in istyle Inc. through stock acquisition rights. When all the stock acquisiti...

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Japanese Firms' Earnings Momentum Unlikely To Bring Hoped-For Wage Hikes

  • Category:Other
JAPAN TODAY
 
Solid profits at major Japanese companies in recent earnings reports are unlikely to translate into near-term wage hikes in broad sectors due to the risk of a global recession, dashing Prime Minister Fumio Kishida's hopes for higher pay to blunt the impact of rising prices.
The Japa...

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Olympic Scandals Put Marketing Giant Dentsu’s Business In Spotlight

  • Category:Other
REVEAL THE NEWS
 
 
Allegations of corruption in Olympic sponsorships involving former Densu director Haruyuki Takahashi have put the firm’s unrelenting hold on Japan’s sports marketing sector in the spotlight.
Through its role as exclusive agent, Dentsu achieved a record nearly 370 billion yen (...

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Japan To Keep Imported Wheat Price Unchanged Despite Inflation

  • Category:Other
JAPAN TODAY
 
The Japanese government plans to keep unchanged the average price at which it sells imported wheat to milling companies from October onward despite soaring inflation, an official with knowledge of the matter said Saturday.
The plan is aimed at easing the burden on households sufferi...

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Shimizu Develops AI Fire-Extinguisher System To Protect Historical Structures

  • Category:Other
JAPAN NEWS
 
Shimizu Corp. has developed technology that uses artificial intelligence to protect wooden cultural properties from fires and plans to mainly have it be implemented at historical buildings from April.
The technology, which uses AI to quickly analyze camera images to detect fires, wil...

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Japan’s Hino Motors, Toyota Accused Of Misconduct In U.S. Lawsuit

  • Category:Other
INQUIRER BUSINESS
 
Japanese vehicle maker Hino Motors Ltd and its parent, Toyota Motor Corp, have been accused of historical misconduct in a class action lawsuit brought in the United States, Hino said on Friday.
The case, in the Southern District of Florida, has been filed on behalf of those wh...

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Japan's Toshiba Boosts Profit In June Qtr On Devices, Auto Sector Demand

  • Category:Other
BUSINESS STANDARD
 
 Toshiba reported a 44 per cent improvement in profit in the last quarter as the Japanese technology giant worked to revamp its brand image and reassure investors about its management.
Toshiba reported a 44 per cent improvement in profit in the last quarter as the Japanese tec...

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Japan Renews Commitment To Food And Nutrition Assistance In Lesotho

  • Category:Other
AFRICAN BUSINESS
 
The United Nations World Food Programme (WFP) today welcomed a JPY 250 million (approximately US$ 2 Million) contribution by the Government of Japan to strengthen food assistance support to 60,000 pre-primary school children through the Government of Lesotho’s national school f...

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Japan Tech Giant Softbank Posts $23 Billion Quarterly Loss

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AP NEWS
 
Japanese technology company SoftBank Group posted a $23.4 billion loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rates.
SoftBank Group Corp.’s loss of 3.16 trillion yen was a reversal from its 762 billion yen profit i...

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Japan Intends To Keep Stake In Sakhalin-1 Oil Project - Industry Minister

  • Category:Other
INVESTING.COM
 
Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned Western investors from selling shares in key energy projects.
The project contributed to diversifying Japan's energy supp...

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