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Women Bear Brunt Of Recession As Pandemic Unravels Abe's 'Womenomics'

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JAPAN TODAY
 
TOKYO - Japanese Prime Minister Shinzo Abe has long made creating jobs for women central to his economic policy, but now women are suffering a bigger share of the pain as the country heads for its worst economic slump since World War Two.
Helped by a worker shortage, female labour p...

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Hello Kitty Founder Shintaro Tsuji Steps Down As CEO Aged 92

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BBC
 
The founder of the Japanese company that created Hello Kitty has announced he is stepping down as CEO aged 92.
Shintaro Tsuji said he would hand over control of Sanrio to his 31-year-old grandson, Tomokuni Tsuji.
It marks the first change in leadership in the company's six-decade history.
H...

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Japan's top billionaire Tadashi Yanai says the image of America is breaking

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CNN
 
The race relations crisis is changing how the world sees America, according to Japan's richest man.
"The very image of America is breaking," Tadashi Yanai, CEO of Uniqlo owner Fast Retailing, told CNN Business in an exclusive interview. "I truly hope that this will have a positive impact in...

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Founder Of Software Company Who Turned Down Softbank Joins Ranks Of Japan’s Billionaires

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JAPAN TIMES
 
At 23, Shunji Sugaya had what he calls a “life-changing episode.”
It was March 2000, and Sugaya had just won an award at a business contest where Masayoshi Son, the founder of what was then called SoftBank Corp., was a judge. He sent Son an email to thank him, the two met up, and be...

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Japan MPs Pass Record Coronavirus Budget

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BANGKOK POST
 
TOKYO: Japan's powerful lower house of parliament approved an emergency budget worth nearly $300 billion Wednesday, doubling the scale of measures to pep up the world's third-biggest economy after the coronavirus tipped it into recession.
Consumer spending has slowed to a crawl des...

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Japan's Music Industry Explores Online Concerts To Cure Virus Blues

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NIKKEI ASIAN REVIEW
 
Livestreaming readies to storm onstage as pandemic plays on
For concert promoter Hiromichi Hayashi, the live music business this year has been all but dead due to the coronavirus pandemic.
Concert cancellations began to roll in on February 26, the day Japanese Prime Minister...

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Japan's 1st-Quarter GDP Shrinks Less Than Initial Estimate But Still Faces Deep Recession

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JAPAN TODAY
 
TOKYO
Japan's economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession.
A series of recent April data including exports, factory output and jobs figures suggested Ja...

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Japan Household Spending Drops 11.1 Percent In April

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JAKARTA POST
 
Japan's household spending slumped again in April, falling 11.1 percent from a year earlier, government data showed Friday, as the world's third-largest economy struggled with the impact of the coronavirus pandemic.
The figure released by the internal affairs ministry was largely i...

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New Uniqlo Flagship Soon To Open In Tokyo’s Ginza Area

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THE JAPAN NEWS
 
Fast Retailing Co. will open Uniqlo Tokyo, one of the largest domestic stores for that brand, on June 19, the company has announced.
The store had been scheduled to open on May 15, but preparations were delayed due to the declaration of a state of emergency to curb the spread of ...

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Japan Airlines Eyes Halving Summer Bonuses Due To Coronavirus

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JAPAN TIMES
 
Japan Airlines Co. plans to halve bonuses for its employees this summer due to sharp deterioration in business over the spread of the new coronavirus, according to sources familiar with the issue.
The airline operator has informed employees about the plan and intends to secure a lab...

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