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Tokyo-Based Developer Of Laundry-Folding Robot Files For Bankruptcy

  • Category:Other
JAPAN TIMES
 
A Tokyo-based developer of a laundry-folding robot filed for bankruptcy on Tuesday due to financial difficulties.
Seven Dreamers Laboratories Inc. released a statement saying that it had insufficient funds to continue the business despite its wish to provide unique products to consu...

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Softbank's Son Loses $130 Mil On Bitcoin: Report

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JAPAN TODAY
 
NEW YORK - Masayoshi Son, the billionaire founder of SoftBank Group Corp, made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, the Wall Street Journal reported Tuesday, quoting people familiar with the ma...

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Convenience Stores Want You To Be Honest And Request To Pay Higher Sales Tax Rate

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JAPAN TODAY
 
TOKYO - It’s only been five years since sales tax in Japan jumped from five to eight percent, and consumers are set to get hit in the wallet again this fall. In October, the sales tax rate is scheduled to rise to 10 percent, although there are a few thankful exceptions.
For one, foo...

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Suzuki Recalls 2 Mil Vehicles In Japan Over Faulty Data, Improper Inspections

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JAPAN TODAY
 
TOKYO - Japanese small car manufacturer Suzuki announced Thursday it was recalling two million vehicles shipped domestically, citing improper inspections and a series of other faults including false fuel efficiency data.
The recall affects vehicles running for four years or less tha...

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Suzuki Announces Biggest-Ever Vehicle Recall Over Fradulent Factory Inspections

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THE JAPAN NEWS
 
Suzuki Motor Corp. has notified the transport ministry that it will recall about 2.02 million vehicles of 29 models following revelations of wrongdoing in vehicle inspections at factories.
This marked a record number of cars for a single recall notification, according to the Land...

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Suntory Sells 'World Whisky' Blend As Premium Tipple

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JAPAN TODAY
 
TOKYO/LONDON
Japan's Suntory Holdings, faced with a whisky crunch, is selling a rare mix sourced from around the world as premium whisky, aiming to elevate the status of young blends among discerning drinkers who often swear by aged single malts.
Whisky makers globally, and in Japan...

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Japan Says Sales Tax Will Rise As Scheduled In October

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THE STAR
 
WASHINGTON: Japanese Finance Minister Taro Aso pledged to global finance leaders that Tokyo will forge ahead with a scheduled sales tax hike in October, even as weakening global growth darkened the outlook for the export-reliant economy.
There is simmering speculation Prime Minister Sh...

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30 Firms In Japan Have Made Reiwa Part Of Their Corporate Names Since April 1 Announcement

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JAPAN TIMES
 
The number of companies in Japan that have adopted Reiwa — the name announced for the country’s forthcoming new era — as part of their corporate names has reached 30, Tokyo Shoko Research Ltd. said.
There were no such firms before the name of the new era was announced April 1.
Of th...

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Japan Business Lobby Plumps For Atomic Power To Fight CO2 Emissions

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THE MAINICHI
 
TOKYO -- Japan needs to restart idled nuclear plants and build new ones to reduce the country's CO2 emissions and guarantee a stable power supply, Japan Business Federation head Hiroaki Nakanishi declared in a policy statement released at an April 8 news conference here.
The policy...

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Bank Of Japan Cuts Assessment For Three Regions, But Kuroda Sees Moderate Growth Ahead

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JAPAN TIMES
 
 
The Bank of Japan on Monday cut its assessment for three of the country’s nine regions, the biggest number of downgrades in six years, suggesting that damage to exports and factory output from slowing overseas demand was broadening.
The BOJ lowered its views on Tohoku, Hokuriku an...

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