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Japan Clothing Magnate Maezawa Chases Spot in Business Firmament

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Channel News Asia
 
TOKYO: Japanese fashion billionaire Yusaku Maezawa's first meeting with role model and SoftBank Group Corp boss Masayoshi Son came in 2010 when they bathed together: a popular communal activity in Japan: on the 26th floor of the tech giant's headquarters.
The next year, the tw...

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Sony to Release PlayStation Classic Mini Console Loaded with 20 Retro Games

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TELEGRAPH
 
Sony will release a miniature version of its original PlayStation console, which first launched 24 years ago.
 
The PlayStation Classic will come with 20 retro games and will be released in 'limited' quantities on 3 December priced at £89.99.
 
Nostalgia among older gamers has been dr...

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Plan to Push Down Solar Power Prices

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NEWS ON JAPAN
 
Japanese government officials are working on a plan to make the market for solar electricity more competitive. They say they will auction off a greater number of contracts for solar projects in a bid to push down prices.
Japanese utilities are required by law to buy solar electric...

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Farm Damage From Quake Totals ¥39.7 bil.

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THE JAPAN NEWS
 
SAPPORO (Jiji Press) — The agriculture, forestry and fishery industry in Hokkaido suffered damage worth ¥39.7 billion as of Sunday from a powerful earthquake that struck the prefecture earlier this month, the prefectural government said.
Landslides in Atsuma and two other towns n...

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Lexus Unveils World’s 1st Digital Outer Mirrors

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JAPAN TODAY
 
Toyota Motor Corp. has announced that it would install digital outer mirrors in place of sideview mirrors in its Lexus brand’s new ES model to be released in late October. It will be the first mass-produced car in the world to adopt such mirrors, the Japanese automaker said.
Cameras...

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Machinery Maker Kubota Admits Data Falsification

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NEWS ON JAPAN
 
Japanese machinery maker Kubota Corp. said Wednesday that it submitted falsified inspection documents for metal-processing equipment parts to client companies.
The misconduct affected 4,398 of the 21,035 rolling mill rolls manufactured at a plant in Amagasaki, Hyogo Prefecture, an...

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Mirrorless Cameras Putting SLRs in Shade

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THE JAPAN NEWS
 
TOKYO (Jiji Press) — Mirrorless cameras are overtaking long-beloved single-lens reflex cameras in popularity in Japan, with their shipments ranking first in the domestic market for interchangeable lens digital cameras in January-June this year.
With their lightweight bodies and e...

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Japan's Household Spending Rebounds As Wages Rise, Trade Woes Cloud Outlook

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JAPAN TODAY
 
TOKYO - Japan’s household spending rebounded modestly in July as higher bonus payments pushed up real wages, offering policymakers some hope a sustained economic recovery and a tight job market are encouraging consumers to spend.
The data came as premier Shinzo Abe, who sought to re...

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Suzuki Withdraws From China

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THE JAPAN NEWS
 
Suzuki Motor Corp. has announced that it will transfer its entire 50 percent stake in the joint venture company Chongqing Changan Suzuki Automobile Co. to its partner in the enterprise, Chongqing Changan Automobile Co.
Suzuki previously dissolved a joint venture with another Chin...

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Japan’s Renesas Electronics in Talks to Acquire U.S. Semiconductor Maker IDT

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JAPAN TIMES
 
Japanese chipmaker Renesas Electronics Corp. is in talks to acquire U.S. peer Integrated Device Technology Inc. for around $5.5 billion, sources said Friday.
Through the acquisition, Renesas aims to obtain knowledge and skills for the development of semiconductors necessary for auto...

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