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Virus Threatens 'Game Over' For Japan's Arcades

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JAPAN TODAY
 
Evenings are normally the busiest time at Mikado, a retro gaming arcade in Tokyo, but these days the shutters come down early, leaving "Street Fighter" fans out in the cold.
Bright, noisy arcades are still a neighborhood fixture in Japan, but they have been disappearing as business ...

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Japanese Supermarket Chain Aeon Options Opening Vaccination Sites

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THE JAPAN NEWS
 
Major supermarket chain operator Aeon Co. has plans to rent out spaces in a number of its 290 commercial facilities nationwide to local governments for use as coronavirus vaccination sites.
An agreement for the multipurpose hall of the Aeon Mall Zama shopping center in Zama, Kana...

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Nissan Upgrades Annual Forecast Despite Q3 Net Loss

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JAPAN TODAY
 
Crisis-hit Japanese carmaker Nissan on Tuesday upgraded its full-year forecast for the second straight quarter, as the global auto industry shows signs of recovery from the coronavirus pandemic.
The embattled firm beat market expectations to return an operating profit for the first ...

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Profit At Japan's Softbank Zooms On Lucrative Investments

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CTV NEWS
 
Japanese telecommunications and technology conglomerate Softbank Group Corp. reported Monday a whopping 1.17 trillion yen (US$11 billion) profit for the October-December quarter as its investments rose in value.
SoftBank's profits were far better than what analysts had expected, zoomin...

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Tokyo’s Promise Of A Generational Stock Revamp Draws Skeptics

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JAPAN TIMES
 
Japan’s Topix stock benchmark climbed to a three-decade high on Monday, drawing even more attention to its future amid plans for a sweeping market reform.
The Tokyo Stock Exchange is set to undergo a once-in-a-generation shakeup in little over a year. Japan Exchange Group Inc., whic...

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Japan FSA Banks On AI To Bust Money Laundering

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THE JAPAN NEWS
 
 
The Financial Services Agency (FSA) plans to roll out an artificial intelligence system that can detect fraudulent money transfers at financial institutions nationwide as early as fiscal 2021 in an effort to strengthen measures against money laundering, The Yomiuri Shimbun has ...

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ANA Plans To Cut Workforce 20% Over 5 Years To Survive COVID-19 Crisis

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JAPAN TODAY
 
ANA Holdings Inc plans to reduce its workforce in the aviation business by roughly 20 percent over the next five years through natural attrition to cut costs and cope with the COVID-19 crisis that has depressed travel demand, sources familiar with the matter said.
The parent of All ...

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Japan Airlines Flies First Japan-Produced SAF Commercial Flight

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SIMPLE FLYING
 
Flying on fuel made from used clothing, February 4th, 2021, marked a special day for Japan Airlines (JAL). The carrier operated its first commercial flight using a made-in-Japan SAF, or sustainable aviation fuel.
While SAF can be made from non-edible plants or agricultural and for...

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Japan 2020 Farm Exports Hit Record ¥922.3 Billion

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THE JAPAN NEWS
 
Japan’s exports of agricultural, fishery and forestry products and related foods reached ¥922.3 billion in 2020, up 1.1% from the previous year, a preliminary government report showed Friday.
Although exports dropped year-on-year in the first half amid the spread of coronavirus i...

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Netflix Climbs After Company Raises Prices By 13% In Japan

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JAPAN TIMES
 
Netflix Inc. shares rose as much as 3.7% on news that the company is raising the price of its service in Japan, bolstering revenue in an increasingly key market for the streaming giant.
Starting Friday, prices for Netflix’s basic and standard tiers will go up by about 13%, with the ...

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