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Fuji Media Holdings Revises Down Its Net Profit Forecast by 66％; Advertising Revenue Projected to Plummet Following Scandal
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JAPAN NEWS
Fuji Media Holdings, Inc. on Thursday revised down its net profit forecast by 66.2% to ¥9.8 billion for the fiscal year ending in March 2025, due to many television commercials having been suspended.
The suspensions came after Fuji Television Network, Inc., a subsidiary of Fuji Media...
Fuji Media Holdings, Inc. on Thursday revised down its net profit forecast by 66.2% to ¥9.8 billion for the fiscal year ending in March 2025, due to many television commercials having been suspended.
The suspensions came after Fuji Television Network, Inc., a subsidiary of Fuji Media...
- January 31, 2025
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Nissan Plans Job And Production Cuts In U.S.
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JAPAN TODAY
Nissan Motor Corp is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability.
The move is part of Nissan’s plans, announced two months ago, to slash 9,000 jobs globally, includ...
Nissan Motor Corp is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability.
The move is part of Nissan’s plans, announced two months ago, to slash 9,000 jobs globally, includ...
- January 30, 2025
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DHL Express Signs Major SAF Deal In Japan
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AIR CARGO NEWS
DHL Express has signed a deal for the purchase of over 7m litres of sustainable aviation fuel (SAF) a year to help cut emissions from airfreight originating in Japan.
The deal with Cosmo Oil Marketing Co., Ltd. represents an annual purchase of 7.2m litres of SAF, which DHL Expres...
DHL Express has signed a deal for the purchase of over 7m litres of sustainable aviation fuel (SAF) a year to help cut emissions from airfreight originating in Japan.
The deal with Cosmo Oil Marketing Co., Ltd. represents an annual purchase of 7.2m litres of SAF, which DHL Expres...
- January 28, 2025
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Price Rises Planned for Rice Products at Retailers, Restaurant Chains, Food-Product Manufacturers
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JAPAN NEWS
In response to the rising price of rice, retailers, restaurant chains and food-product manufacturers are taking steps to deal with the situation.
They are trying to absorb the costs by increasing the prices of onigiri rice balls, boxed lunches and processed rice products, as well as ...
In response to the rising price of rice, retailers, restaurant chains and food-product manufacturers are taking steps to deal with the situation.
They are trying to absorb the costs by increasing the prices of onigiri rice balls, boxed lunches and processed rice products, as well as ...
- January 26, 2025
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Japan Department Store Sales In 2024 Top Pre-Pandemic Levels Of 2019
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JAPAN TODAY
Department store sales in Japan in 2024 totaled 5.75 trillion yen, surpassing the pre-coronavirus pandemic levels of 2019 amid inbound tourism boom, data by an industry body showed Friday.
Sales on a same-store basis increased 6.8 percent from 2023, marking the fourth consecutiv...
Department store sales in Japan in 2024 totaled 5.75 trillion yen, surpassing the pre-coronavirus pandemic levels of 2019 amid inbound tourism boom, data by an industry body showed Friday.
Sales on a same-store basis increased 6.8 percent from 2023, marking the fourth consecutiv...
- January 25, 2025
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Japan Raises Interest Rates To Highest Level In 17 Years
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CNN
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
The decision marks its first rate hike since July last year and comes days after the inau...
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
The decision marks its first rate hike since July last year and comes days after the inau...
- January 25, 2025
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Japan 2024 Convenience Stores Sales At Record High On Inbound Tourism
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JAPAN TODAY
Sales from seven major Japanese convenience store chains hit a record high of 11.8 trillion yen in 2024, bolstered by inbound tourism and demand for readily consumable snacks and drinks, data by a Japanese franchising authority showed Monday.
The sales were up 1.2 percent from the p...
Sales from seven major Japanese convenience store chains hit a record high of 11.8 trillion yen in 2024, bolstered by inbound tourism and demand for readily consumable snacks and drinks, data by a Japanese franchising authority showed Monday.
The sales were up 1.2 percent from the p...
- January 22, 2025
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Fuji TV Eyes 3rd-Party Panel to Look into Masahiro Nakai Case; Dozens of Companies have Canceled Their Ads
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JAPAN NEWS
Fuji Television Network, Inc. is considering establishing a third-party committee based on the guidelines of the Japan Federation of Bar Associations to investigate the facts regarding a scandal involving television personality Masahiro Nakai, 52, and a woman, according to sources. T...
Fuji Television Network, Inc. is considering establishing a third-party committee based on the guidelines of the Japan Federation of Bar Associations to investigate the facts regarding a scandal involving television personality Masahiro Nakai, 52, and a woman, according to sources. T...
- January 22, 2025
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"Shunto" Spring Wage Talks Kick Off in Japan
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NIPPON
The Japan Business Federation, or Keidanren, and the Japanese Trade Union Confederation, or Rengo, held a meeting of their leaders Wednesday, effectively starting this year's "shunto" spring wage talks.
Keidanren Chairman Masakazu Tokura and Rengo President Tomoko Yoshino agreed that it ...
The Japan Business Federation, or Keidanren, and the Japanese Trade Union Confederation, or Rengo, held a meeting of their leaders Wednesday, effectively starting this year's "shunto" spring wage talks.
Keidanren Chairman Masakazu Tokura and Rengo President Tomoko Yoshino agreed that it ...
- January 22, 2025
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Many Major Japanese Firms Pulling Commercials From Scandal-Hit Fuji TV
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JAPAN TODAY
Many major Japanese companies said Monday they are suspending commercials on Fuji Television Network Inc, as the broadcaster faces scrutiny over its alleged involvement in a misconduct scandal involving Masahiro Nakai, a male member of the now-defunct popular idol group SMAP.
Nissan...
Many major Japanese companies said Monday they are suspending commercials on Fuji Television Network Inc, as the broadcaster faces scrutiny over its alleged involvement in a misconduct scandal involving Masahiro Nakai, a male member of the now-defunct popular idol group SMAP.
Nissan...
- January 20, 2025
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