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Toyota Opens Woven City Demonstration Site near Mt. Fuji, Shows off Its ‘Test Course for the Future’

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JAPAN NEWS
 
Toyota Motor Corp. on Thursday opened Woven City, a demonstration site for advanced technology built on the former grounds of a factory in Susono, Shizuoka Prefecture.
The site will serve as a location for the development of new products and services, with 20 companies and individual...

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Ex-Suntory Chairman Niinami Quits As Business Body Chief After Police Probe

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JAPAN TODAY
 
Former Suntory Holdings Ltd Chairman Takeshi Niinami has resigned as chief of a major business body, the group said Tuesday, after he came under police investigation over supplement purchases.
The board of directors at the Japan Association of Corporate Executives, known as Keizai D...

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Japan Envoy Highlights Balanced Trade With Indonesia

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ANTARA
 
Ambassador of Japan to Indonesia Masaki Yasushi highlighted the strong balance of trade between Indonesia and Japan during his tenure.
"Concerning trade, I think we keep a very good balance of trade," Masaki said at a media briefing marking the end of his assignment in Indonesia on Tuesd...

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Asahi Suspends Orders And Shipments Following Cyberattack

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JAPAN TIMES
 
Asahi Group Holdings has suspended the order and shipment capabilities of its group companies in Japan after being struck by a cyberattack.
“We are actively investigating the cause and working to restore operations. However, there is currently no estimated timeline for recovery,” th...

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Japanese Gov't Says U.S. Tariffs Hurting Auto Industry

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JAPAN TODAY
 
The Japanese government on Monday maintained its view that the economy is recovering moderately but said higher U.S. tariffs are adversely affecting the auto industry.
In its September monthly economic report, the Cabinet Office upgraded its assessment of private consumption for the...

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Seven Bank To Install Atms Across Familymart Stores In Japan

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MOBILITY PLAZA
 
Partnership will expand Seven Bank’s ATM network to 44,000 units nationwide, overtaking Japan Post Bank as domestic leader.
Seven Bank announced that it will begin installing its ATMs across FamilyMart stores, one of Japan’s largest convenience store chains and a subsidiary of It...

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Toyota Buoyed By China And North America As Japan Sales Slump

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JAPAN TIMES
 
Toyota’s record sales run, including steady growth in China and North America, has lost steam after a sharp drop back home in Japan.
Global sales in August — including that of subsidiaries Daihatsu and Hino — rose just over 1% from a year earlier to 900,598 units, the company said M...

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Consumers To Face Price Hikes On Over 3,000 Food Items In October

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JAPAN TODAY
 
Consumers in Japan are expected to face prices hikes on more than 3,000 food and beverage items for the first time in six months in October mainly due to an increase in raw material and labor costs.
The burden on Japanese households will be felt even more also because three-month su...

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Yen Slides After Japan Tokyo CPI Data

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RTT NEWS
 
The Japanese yen weakened against other major currencies in the European session on Friday, following the release of lesser-than-expected Tokyo overall inflation data in September.
Data from the Ministry of Internal Affairs and Communications showed that overall inflation in the Tokyo ...

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Nippon Steel To Invest $300 Mil To Strengthen U.S. Steel Production

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JAPAN TODAY
 
Nippon Steel Corp said Thursday it will invest $300 million in two plants run by the recently acquired United States Steel Corp, setting up a new recycling facility and expanding production via the introduction of new product lines in the key U.S. market.
It will be the first invest...

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