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Takata Shares Plunge 20% On 'Worst Case' Airbag Recall Costs
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JAPAN TODAY
TOKYO — Takata’s shares plunged 20% in Tokyo Wednesday, after Bloomberg News said the embattled Japanese airbag supplier’s recall-related costs could come in as high as $24 billion.
Citing a person familiar with the matter, Bloomberg said the company estimated the “worst case” scena...
TOKYO — Takata’s shares plunged 20% in Tokyo Wednesday, after Bloomberg News said the embattled Japanese airbag supplier’s recall-related costs could come in as high as $24 billion.
Citing a person familiar with the matter, Bloomberg said the company estimated the “worst case” scena...
- March 31, 2016
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Japan Spending Gets Leap Year Boost, But Broader Outlook Dim
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JAPAN TODAY
TOKYO — Spending by Japanese families increased in February for the first time in six months, government data showed Tuesday, but analysts said the rare good news for Prime Minister Shinzo Abe is likely to be short-lived.
Abe came to power in December 2012 vowing to rejuvenate the w...
TOKYO — Spending by Japanese families increased in February for the first time in six months, government data showed Tuesday, but analysts said the rare good news for Prime Minister Shinzo Abe is likely to be short-lived.
Abe came to power in December 2012 vowing to rejuvenate the w...
- March 30, 2016
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Hokkaido Shinkansen Goes Into Service With Fanfare
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THE JAPAN NEWS
Jiji Press
HOKUTO, Hokkaido (Jiji Press) — Hokkaido Railway Co., or JR Hokkaido, opened its Shinkansen high-speed railway line for services on Saturday, with Shinkansen bullet trains connecting Honshu and Hokkaido underneath the Tsugaru Strait for the first time ever.
This opened...
Jiji Press
HOKUTO, Hokkaido (Jiji Press) — Hokkaido Railway Co., or JR Hokkaido, opened its Shinkansen high-speed railway line for services on Saturday, with Shinkansen bullet trains connecting Honshu and Hokkaido underneath the Tsugaru Strait for the first time ever.
This opened...
- March 29, 2016
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Government Eyes Tighter Rule to Restrict Long Overtime Work
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JAPAN TODAY
TOKYO — The Japanese government is considering setting an upper limit to the length of overtime work allowed under the labor standards law as part of its efforts to reform the nation’s labor system.
In Japan, companies can ask employees to work overtime once they form a labor-manage...
TOKYO — The Japanese government is considering setting an upper limit to the length of overtime work allowed under the labor standards law as part of its efforts to reform the nation’s labor system.
In Japan, companies can ask employees to work overtime once they form a labor-manage...
- March 28, 2016
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Krugman Urges Japan’s Expansion Of Fiscal Action
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THE JAPAN NEWS
The Yomiuri Shimbun
Nobel Prize-winning American economist Paul Krugman on Tuesday expressed a negative view on the Japanese government’s plan to raise the consumption tax rate from 8 percent to 10 percent in April 2017.
At the third round of the international financial and econo...
The Yomiuri Shimbun
Nobel Prize-winning American economist Paul Krugman on Tuesday expressed a negative view on the Japanese government’s plan to raise the consumption tax rate from 8 percent to 10 percent in April 2017.
At the third round of the international financial and econo...
- March 26, 2016
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Japan's Inflation Unchanged at Zero in February
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JAPAN TODAY
TOKYO — Japanese consumer inflation stuck at zero in February for the second straight month, marking another blow to Prime Minister Shinzo Abe’s struggle to end nagging deflation.
Abe came to power in December 2012 vowing to reverse the prolonged and debilitating decline in consumer...
TOKYO — Japanese consumer inflation stuck at zero in February for the second straight month, marking another blow to Prime Minister Shinzo Abe’s struggle to end nagging deflation.
Abe came to power in December 2012 vowing to reverse the prolonged and debilitating decline in consumer...
- March 26, 2016
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Office Seekers, Tourists Up Land Prices
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THE JAPAN NEWS
By Kisaki Ozawa and Ryuichi Washio / Yomiuri Shimbun Staff Writers
Helped by robust demand for commercial space in major cities, average official land prices (see below) nationwide rose for the first time in eight years in the government’s annual public assessment of land values....
By Kisaki Ozawa and Ryuichi Washio / Yomiuri Shimbun Staff Writers
Helped by robust demand for commercial space in major cities, average official land prices (see below) nationwide rose for the first time in eight years in the government’s annual public assessment of land values....
- March 25, 2016
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Ups & Downs / Akira Miyamoto, President of King Jim Co. / Stationery Company Made Mark with Electronic Goods
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THE JAPAN NEWS
The Yomiuri Shimbun
Since 1992, Akira Miyamoto, 61, has been president of King Jim Co., an office supplier known for creative product development. The following are excerpts from an interview with Miyamoto conducted by Yomiuri Shimbun Staff Writer Tomoko Hatakeyama.
Vision for co...
The Yomiuri Shimbun
Since 1992, Akira Miyamoto, 61, has been president of King Jim Co., an office supplier known for creative product development. The following are excerpts from an interview with Miyamoto conducted by Yomiuri Shimbun Staff Writer Tomoko Hatakeyama.
Vision for co...
- March 22, 2016
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Abe Considers Tax Increase Delay if Economy Stagnates
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THE JAPAN NEWS
The Yomiuri Shimbun
Prime Minister Shinzo Abe is considering delaying an increase in the consumption tax rate if the economy remains stuck in low gear, due to concerns the hike could hurt the economy more than initially forecast as the global economy slows down.
Abe will make a f...
The Yomiuri Shimbun
Prime Minister Shinzo Abe is considering delaying an increase in the consumption tax rate if the economy remains stuck in low gear, due to concerns the hike could hurt the economy more than initially forecast as the global economy slows down.
Abe will make a f...
- March 19, 2016
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Big Birms Offer Unions Modest Pay-scale Hike
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THE JAPAN NEWS
The Yomiuri Shimbun
The 2016 shunto wage negotiations at many major automakers and electronics manufacturers reached a climax on Wednesday, with the management giving their responses to the labor unions’ demands. This year, a large number of companies will raise base pay for the ...
The Yomiuri Shimbun
The 2016 shunto wage negotiations at many major automakers and electronics manufacturers reached a climax on Wednesday, with the management giving their responses to the labor unions’ demands. This year, a large number of companies will raise base pay for the ...
- March 18, 2016
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