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Japan's Core Inflation Rate Slows In September

  • Category:Other
JAPAN TODAY
 
Japanese inflation slowed in September with prices up 2.4 percent on-year, not including volatile fresh food, official data showed Friday.
The core Consumer Price Index eased from 2.8 percent in August as the pace of increase in electricity and gas prices relented, the internal affa...

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Japan's Biggest Union Group Targets 5% Wage Hikes Next Year

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REUTERS
 
Japan's largest labour union group said on Friday it will seek wage hikes of at least 5% in 2025, similar to this year's hefty increase, although economists doubt that another such bump is realistic.
The announcement by Rengo means debate about pay rises for next year will begin in ea...

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7-Eleven's Turnaround Plan Requires Heavy Lifting To Stop Couche-Tard's $47 Billion Takeover

  • Category:Other
JAPAN TODAY
 
Japan's Seven & i Holdings is betting it can boost value by hiving off underperforming businesses and focusing on mainstay 7-Eleven stores. The outcome of its strategy will determine whether it can outmaneuver a $47 billion Canadian takeover bid.
Much depends on the retailer's abili...

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Tokyo Metro’s IPO Could Drive Momentum In The Japanese Market As Chinese Listings Dry Up

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CNBC
 
Key PointsTokyo Metro’s initial public offering could drive momentum in the Japanese market and attract more companies into the country, analysts said, as China continues to lose steam.In Japan’s biggest IPO in six years, Tokyo Metro raised 348.6 billion yen ($2.3 billion) after pricing it...

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Uniqlo Parent Company Reports Record Annual Earnings

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JAPAN TODAY
 
Uniqlo's parent company Fast Retailing on Thursday announced "a record high performance in fiscal 2024" with domestic profits in Japan boosted by hot summer weather and a tourism boom.
The company also reported "significant increases in both revenue and profit" for international sto...

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Japan Logistics Industry Struggles Amid Shortage of Drivers; Increasing Number of Transport Companies Going Bankrupt

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JAPAN NEWS
 
Six months have passed since the introduction in April of new overtime restrictions for truck drivers. Despite much concern about the “2024 problem,” which refers to the serious shortage of truck drivers in the logistics industry, there have been few notable cases in which goods coul...

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Japan's Top FX Diplomat Warns Against Speculative Moves As Yen Falls

  • Category:Other
REUTERS
 
Japan's top currency diplomat on Monday issued a warning against speculative moves on the foreign exchange market as the yen fell below 149 per dollar.
"We will monitor currency market moves including speculative trading with a sense of urgency," Atsushi Mimura told reporters, reviving ...

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Japan Plans ‘Conveyor Belt Road’ Linking Tokyo

  • Category:Other
MOBILITY PLAZA
 
The high-tech corridor will use unmanned transport boxes to streamline logistics, with trials planned by 2027.
Japan is developing a high-tech “conveyor belt road” between Tokyo and Osaka to tackle its truck driver shortage and meet rising delivery demands.
This automated three-l...

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Convenience Store Familymart To Abolish Eat-In Spaces

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JAPAN TODAY
 
 
There’s a lot of joy to be found in just randomly browsing through a Japanese convenience store, where the high-quality and uniqueness of the ever-changing lineup of food and drinks means there’s always a tasty surprise or two waiting for you.
And as you round one aisle of shelves...

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Toyota Boosts Its Investment In Air Taxi Company Joby Aviation By Another $500 Million

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JAPAN TODAY
 
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company's commercial business off the ground.
Toyota's investment will be used to support certification and production of Joby's electric air taxi, the compa...

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