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Japan To Respond To Yen's 'Excessive' Moves After Plunge: Senior Official

  • Category:Other
JAPAN TODAY
 
Japan will take "appropriate steps against excessive moves" in the yen, the country's top currency diplomat said Monday, after the currency fell sharply against the U.S. dollar even in the wake of the Bank of Japan further raising its policy interest rate last week.
"We are concerne...

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Uniqlo’s Owner Boosts New Graduate Pay As Japan Faces Inflation

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JAPAN TIMES
 
Uniqlo owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12%, stepping up efforts to secure and retain talent as the country’s workers grapple with inflation.
Annual pay will grow by about 12% to ¥5.9 million ($37,400) starting in March for unive...

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Toyota To Import U.S.-Built Vehicles To Japan From 2026

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JAPAN TODAY
 
Toyota Motor Corp said Friday it will aim to import to Japan three models built in the United States from next year, in an apparent response to U.S. President Donald Trump's calls to reduce his nation's trade deficit with Japan.
"By selling these three popular American models in Jap...

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Toyota Launches Latest RAV4, 1st Model With New Software System

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JAPAN TODAY
 
Toyota Motor Corp has launched a new RAV4 model, installing for the first time a new software system that will enable customers to upgrade their vehicles without having to buy a new one.
The latest RAV4, symbolic of Toyota's push for software-centric vehicles, is available in plug-i...

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Japan Backs Public-Private Cooperation on Economic Security; Nations Seek to Avoid Excessive Reliance on China

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JAPAN NEWS
 
The government has launched efforts toward public-private collaboration with Europe, Southeast Asia and Australia to strengthen economic security.
It aims to counter China’s repeated aggressive behavior by advancing international cooperation in industries where Japan holds strengths ...

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Japan Household Financial Assets Rise to Record 2,286 T. Yen

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NIPPON
 
 
Financial assets held by Japanese households as of the end of September grew 4.9 pct from a year earlier to 2,286 trillion yen, hitting a record high for two quarters in a row, Bank of Japan data showed Wednesday.
The balance improved for the 11th straight quarter, reflecting higher st...

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IBM Japan President Yamaguchi to Chair Executives Group Keizai Doyukai

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JAPAN NEWS
 
 
IBM Japan President Akio Yamaguchi has been chosen to succeed Takeshi Niinami as chairman of the Japan Association of Corporate Executives, known as Keizai Doyukai.
Yamaguchi, 61, is set to take the position after his appointment was approved in principle at a board meeting on Tues...

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Quarterly 'Tankan' Survey Shows Slight Improvement As BOJ Weighs Rate Hike

  • Category:Other
JAPAN NEWS
 
A quarterly survey of major Japanese manufacturers released Monday shows business sentiment improving to its best level in four years, even after President Trump raised tariffs on goods from the U.S. ally to a baseline level of 15%.
The Bank of Japan is bound to take the results of i...

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Softbank Billionaire Son Trims Share Pledges After AI Rally

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JAPAN TIMES
 
Masayoshi Son reduced the SoftBank Group shares he’s pledged to lenders by $2.1 billion in recent months, lowering his collateral after bets on artificial intelligence propelled the latest comeback in his volatile technology fortune.
Son trimmed his committed shares by 19.4 million ...

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Japan Auto Unions Eye Pay Hike of 12,000 Yen or More

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NIPPON
 
The Confederation of Japan Automobile Workers' Unions compiled a draft proposal on Friday to seek a monthly pay scale hike of at least 12,000 yen in next year's "shunto" spring wage negotiations.
JAW, which consists of labor unions of auto-related companies, will maintain demands as stro...

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