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Majority of Japanese Global Businesses Seeking New Acquisitions in Post-Pandemic Era

  • Category:Other
NIPPON.COM
 
A recent survey by an international auditing and consulting group found high interest among Japanese executives of firms with global operations in acquiring other companies as a means of staving off the negative business effects of the COVID-19 pandemic.
 
As the business environment...

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JAL Reports First Net Loss Since 2012 Relisting As Pandemic Bites

  • Category:Other
JAPAN TIMES
 
Japan Airlines Co. on Friday reported a net loss of ¥286.69 billion for the business year through March as the coronavirus pandemic depressed travel demand, causing the company to log its first red ink since relisting in 2012 following business rehabilitation.
JAL, which has been un...

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Special Super Dry Canned Beer Resembling Draft Mug Gets June Rerelease

  • Category:Other
THE JAPAN NEWS
 
Asahi Breweries Ltd. will resume sales of its “Super Dry” canned beer that mimics in appearance a freshly poured mug of draft beer with a foamy head. The special beer will be released in limited quantities starting June 15, the company announced Friday.
The company released the p...

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Nissan To Sell Entire Daimler Stake For $1.4 Billion

  • Category:Other
JAPAN TODAY
 
Nissan on Wednesday announced the sale of its entire 1.54 percent stake in German auto giant Daimler for around 1.15 billion euros ($1.4 billion), following a similar move by its French partner Renault.
The Japanese automaker has been trying to become profitable again and recover fr...

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Vending Machines In Japan Offer More Than Chips And Soda

  • Category:Other
CBS NEWS
 
America's love affair with vending machines goes back generations. There are about 7 million vending machines in the country, selling Americans sodas, snacks and sundries — and bringing in nearly $22 billion a year.
But when it comes to mind-numbing variety and volume, Japan is hands-d...

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After So Many Delays, Japan Casinos Must Move Forward… Later

  • Category:Other
IGAMING BUSINESS
 
Japan’s long-awaited legalisation of casino gaming, through the integrated resorts project, prompted widespread industry enthusiasm for a new, highly engaged market. However delays, setbacks and high costs suggest it is starting to sour. But in his first piece for iGB, Muhammad...

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Australia, Japan and India Form Supply Chain Initiative to Counter China

  • Category:Other
BLOOMBERG
 
Japan, India and Australia’s trade ministers have met to officially launch the Supply Chain Resilience Initiative, following reports that the three nations are working together to counter China’s dominance on trade in the Indo-Pacific.
Japan’s Hiroshi Kajiyama, India’s Piyush Goyal an...

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Japan's Biggest Brokerage Nomura To Book ¥313 Billion In Archegos Losses

  • Category:Other
JAPAN TIMES
 
Nomura Holdings Inc. will book ¥313 billion ($2.9 billion) in losses tied to the collapse of Archegos Capital Management, as Japan’s biggest brokerage vows to strengthen its risk management in the wake of the debacle.
Of the total, ¥245.7 billion ($2.3 billion) was logged in the thr...

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Sumitomo Mitsui Financial, Dentsu To Set Up New Ad Firm

  • Category:Other
THE JAPAN NEWS
 
Sumitomo Mitsui Financial Group Inc. and Dentsu Group Inc. plan to contribute capital to set up a new advertisement service company.
The new firm will display advertisements of Sumitomo Mitsui Banking Corp. and Dentsu’s client companies in smartphone apps provided by the bank.
Th...

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Muji Announces Switch From PET Bottles To Aluminum Cans

  • Category:Other
JAPAN TODAY
 
TOKYO - Japanese retailer Mujirushi Ryouhin, often shortened to Muji, sells a wide range of items that include stationery, furniture, and even food, with a theme of no-frill minimalism (their name translates to "no logo goods").
Recently, Ryohin Keikaku, the company that operates Mu...

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