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Yamato Holdings to Retroactively Pay Unpaid Overtime Wages

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JAPAN TODAY
 
 TOKYO — Yamato Holdings Co plans to retroactively pay employees for unpaid overtime in an effort to address tough working conditions faced by delivery drivers and other staff amid a manpower shortage, the company said Saturday.
The holding company of Yamato Transport Co, a door-to-...

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Fewer Workers, Higher Wages: Japan Inc Feels Pinch

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JAPAN TODAY
 
TOKYO — Ask the president of Japan’s largest daycare chain what his biggest headache is, and Kazuhiro Ogita doesn’t hesitate: workers and wage costs. Not enough of one, too much of the other.
Unable to hire enough employees to staff its nurseries at a time of strong demand, JP-Holdi...

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Chubu Airport to get 2nd Runway as Nation’s Tourism Rises

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THE JAPAN NEWS
 
The transport ministry and the Aichi prefectural government are among those currently arranging to build a second runway at Chubu Airport so the facility can help meet the future growth in demand stemming from increases in the number of foreign visitors to Japan, according to sou...

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Takata Pleads Guilty in U.S. Over Airbags

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THE JAPAN NEWS
 
DETROIT (AP) — Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an airbag defect blamed for at least 16 deaths, most of them in the United States.
The scandal, meanwhile, seemed to grow wider when plain...

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Japan's Factory Output Down in Red Flag for Economy

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JAPAN TODAY
 
TOKYO — Japan’s factory output unexpectedly slipped 0.8% in January, the first fall in six months and the latest red flag for the world’s No. 3 economy, official data showed Tuesday.
The on-month figure, which missed market expectations for a 0.4% expansion, comes a week after Japan...

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Chinese Investors Seek Old Houses in Kyoto

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THE JAPAN NEWS
 
BEIJING — Japan placed second after Thailand in a list of overseas vacation destinations for people from China during the Lunar New Year holiday period this year from Jan. 27 to Feb. 2, according to the China Tourism Academy. The number of Chinese tourists to Japan topped 6 milli...

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Japan's First Premium Friday Shows Mixed Results

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JAPAN TODAY
 
TOKYO — The first Premium Friday is now history.
The new event, organized with the support of the government, Keidanren
(Federation of Economic Organizations) and other groups, was conceived to liberate salaried workers from their jobs after 3 p.m. on the last Friday of each month. ...

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Ghosn Cedes Nissan President-CEO Role

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THE JAPAN NEWS
 
TOKYO (Reuters) — Nissan Motor Co. said Carlos Ghosn will step aside as CEO after leading the firm for 16 years, allowing him to concentrate on deploying his cost-cutting expertise across its alliance with Renault SA and newly added Mitsubishi Motors Corp.
In handing over the hel...

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Economy Grows For 4th Consecutive Quarter On Strong Exports

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THE JAPAN NEWS
 
TOKYO (Jiji Press) — Japan’s economy grew for the fourth consecutive quarter in October-December thanks to strong exports that more than offset sluggish personal spending, government data showed Monday.
In the third quarter of fiscal 2016, the country’s seasonally adjusted gross ...

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Businesses Seek Sales Opportunities As Premium Friday Campaign Nears

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THE JAPAN NEWS
 
Retailers, restaurants and other businesses are looking to the Premium Friday campaign (see below) — which urges companies to let their employees off early on the last Friday of each month — for sales opportunities when the practice begins on Feb. 24.
Companies are promoting even...

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