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Businesses Await Japan's New Era Name as Emperor's Abdication Looms

  • Category:Other
JAPAN TODAY
 
 TOKYO — Companies that produce calendars and diaries are keeping close tabs on government debate about the likely upcoming change in Japanese era name, which is linked to the reigning emperor, as they prepare to put to market new era-correct products.
Following Emperor Akihito’s vi...

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Ministry Seeks Better Vetting for Budget Smartphones

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THE JAPAN NEWS
 
The communications ministry has asked an industry organization to thoroughly verify the identities of budget smartphone users when they form a contract, it has been learned.
It is often possible to complete subscription procedures on the internet for budget smartphones, which off...

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Weak Household Spending Dampens Japan's Recovery Hopes

  • Category:Other
JAPAN TODAY
 
TOKYO — Japan’s household spending fell in December for the 10th consecutive month, the government said Tuesday, the latest in a series of blows to the nation’s faltering growth plan.
Prime Minister Shinzo Abe came to office in December 2012 and launched his “Abenomics” growth plan—...

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Abe, Toyota Chief to Work Together to Boost U.S. Jobs

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THE JAPAN NEWS
 
TOKYO — Japanese Prime Minister Shinzo Abe and Toyota Motor Corp President Akio Toyoda agreed Friday to work together to contribute to U.S. employment as a way to deal with President Donald Trump’s trade policy, according to a Japanese government source.
The leaders of Japan’s go...

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Takata Shares Plunge by a Fifth on Bankruptcy Fears

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JAPAN TODAY
 
TOKYO — The volatile shares in Japan’s troubled Takata took another hammering Monday on fears for its future after a report the airbag maker’s creditors want it to go through a court-led bankruptcy.
On Saturday the firm announced Chinese-owned Key Safety Systems emerged as the leadi...

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Abe to Propose Plan for Creating 700,000 U.S. Jobs

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THE JAPAN NEWS
 
Prime Minister Shinzo Abe intends to propose during a meeting with U.S. President Donald Trump on Feb. 10 a bilateral economic cooperation plan, including the creation of a $450 billion (¥51 trillion) market through railways and other infrastructure investments in the United Stat...

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Sony Halves Forecast as Yen, Movie Unit Hammer Profit

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JAPAN TODAY
 
TOKYO — Sony on Thursday halved its full-year profit forecast as it was battered by a near $1 billion writedown on its movie unit while a strong yen also dug into the Japanese firm’s bottom line.
The dour reading comes as the embattled entertainment giant struggles with a painful re...

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Lower Minimum Fare Starts for Tokyo Taxis

  • Category:Other
THE JAPAN NEWS
 
The initial fare for taxis operating in Tokyo’s 23 wards and the cities of Musashino and Mitaka was reduced on Monday from ¥730 for the first two kilometers to ¥410 for the first 1.052 kilometers.
The new system will reduce the fare for those who ride in a taxi for less than abou...

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Ceremony Held to Mark Completion of Ginza Six Complex

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JAPAN TODAY
 
TOKYO — The Ginza 6-10 District Urban Redevelopment Partnership announced Wednesday that it held a ceremony at the new Ginza Six mixed-use complex to mark the completion of construction on Jan 31.
Ginza Six opened its doors to office-space tenants on Wednesday, and on April 20 it wi...

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Creditors to Support Toshiba Until End-Feb.

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THE JAPAN NEWS
 
TOKYO (Jiji Press) — Creditor financial institutions for Toshiba Corp. on Monday reached a broad agreement to continue loans to the struggling Japanese electronics and machinery giant until the end of next month.
Most of them, including the three main creditor banks — Sumitomo Mi...

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