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The Japanese Internet Reacts To Sega Leaving The Arcade Business

  • Category:Other
KOTAKU
 
After 56 years, Sega’s arcade history is coming to a close. In fall 2020, Sega sold off 85 percent of its arcade business to Tokyo-based Genda.
Now, the company has sold off its remaining stock, and Genda is removing the Sega name from arcades.
In its place, Genda will use the “Gigo” nam...

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Pokémon Legends: Arceus Sold 1.43 Million Units In Japan In Just Three Days

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NINTENDO LIFE
 
Famitsu has posted early sales estimates for Pokémon Legends: Arceus and it appears that the game sold a mighty 1,424,657 million copies in its first three days on sale in Japan.
For perspective, that puts it in second place in the launch sales rankings behind Animal Crossing: New...

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Japan’s Nikkei 225 Rises Almost 2%; Multiple Asia Markets Remain Closed For Lunar New Year Holidays

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CNBC
 
 
Key PointsShares in Asia-Pacific were higher on Wednesday, with Japan’s Nikkei 225 jumping almost 2%.Markets in mainland China, South Korea, Hong Kong and Singapore were closed on Wednesday for the Lunar New Year holidays.Overnight stateside, shares on Wall Street rose for a third day.
S...

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Japan's Industrial Output Dropped 1% Mom In December 2021

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BUSINESS STANDARD
 
 Japan's industrial output dropped in December 2021 from a month earlier, the government said in a report on MondayJapan's industrial output dropped in December 2021 from a month earlier, the government said in a report on Monday.
According to the Ministry of Economy, Trade an...

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Minister Leaves Open Possibility Of Gasoline Tax Cut

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THE JAPAN NEWS
 
Japanese industry minister Koichi Hagiuda said Sunday that he does not rule out the possibility of lifting the freeze on a scheme to cut gasoline tax temporarily.
The government Thursday activated a new program to provide oil wholesalers with subsidies to help slow the current su...

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Sega Leaves The Japanese Arcade Business For Good

  • Category:Other
POLYGON
 
Sega is leaving Japanese arcades behind. The company announced it is selling its remaining arcades to a company called Genda, Inc. (also known as GiGO), and leaving the coin-op business, where it first made a name for itself, for good.
Sega’s first arcade game was Periscope, which launc...

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IMF: Japan's Economy Recovering But Faces Risks

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NHK
 
The International Monetary Fund says the Japanese economy is recovering from the pandemic, but it warns that the country still faces threats to growth.
The IMF said in a statement that it expects Japan's economic expansion to continue for the second year in a row, led by rebounding private ...

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As Omicron Spreads In Japan, Business Continuity Plans Come Into Focus

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JAPAN TIMES
 
As daily COVID-19 cases break new records every day in Japan, concern is growing that day-to-day business operations — in sectors from health care to railways — could become paralyzed if more workers become absent from either being infected with the virus or being considered a close...

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Japan's COVID-19 Border Closure 'Unrealistic,' Business Lobby Chief Says

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JAPAN TIMES
 
 
The head of Japan’s business lobby, Masakazu Tokura, said Monday that it was “unrealistic” for the government to ban the entry of foreign nationals, with the new omicron coronavirus variant having become prevalent within the country.
Tokura, who is chairman of the Japan Business F...

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Prices Of Power-Assisted Bikes On Rise In Japan Amid Popularity, Material Shortage

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THE JAPAN NEWS
 
Prices are on the rise for power-assisted bicycles, which are becoming fixtures as a means of transportation in everyday life.
This is not only because they have become increasingly popular during the COVID-19 pandemic as a means to get around while avoiding trains and buses crow...

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