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Nippon Steel To Invest Additional $1.3 Bil In U.S. Steel Plants

  • Category:Other
JAPAN TODAY
 
Nippon Steel Corp said Thursday it will make an additional investment of over $1.3 billion in United States Steel Corp, in an apparent bid to help clinch its planned acquisition of the iconic American steelmaker.
The move comes amid opposition to the deal from United Steelworkers, a...

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Toyota Shutters Factories As Typhoon Approaches

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JAPAN TODAY
 
Auto giant Toyota is suspending production at all its factories in Japan because of an approaching typhoon, the company said Wednesday.
"From today's No. 2 (afternoon) shift through tomorrow's No. 1 (daytime) shift, we will suspend all the production lines at domestic factories," a ...

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Japan Draws Up Plan To Develop Health Care Business Into Growth Industry

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NHK
 
Japan's health ministry has drawn up a plan to develop the country's medical care sector by tapping overseas resources, such as accepting foreign medical students.
The ministry announced steps for its vision for global health on Monday at a meeting of its international strategy headquarters...

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Sony Hikes Playstation 5 Price In Japan Citing Cost Volatility

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BUSINESS TIMES
 
The surprise move comes even as PS5 sales have slowed and Sony is widely expected to refresh its offering with a more powerful, mid-cycle revamp of the console
Sony Group is raising the price of its PlayStation 5 in Japan by 19 per cent to nearly 80,000 yen (S$720.14) almost four...

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Daiwa Plans Foray Into Australian Farm Loans And Real Estate

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JAPAN  TIMES
 
Daiwa Securities Group is eyeing Australia for its first expansion into the agricultural sector abroad, part of a wider push to boost lending and direct investment in the country’s real estate and renewable energy sectors.
Japan’s second-biggest brokerage is looking for investment ...

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Japan Records Trade Deficit As Surging Global Prices Push Imports Higher

  • Category:Other
JAPAN TODAY
 
Japan racked up a 621 billion yen ($4.3 billion) trade deficit in July, as prices of imports surged, according to government data released Wednesday.
Japan’s imports grew nearly 17% from a year ago to 10.2 trillion yen ($70.6 billion), while exports grew 10% to 9.6 trillion yen ($66...

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Nintendo To Open Museum In Kyoto On Oct. 2

  • Category:Other
JAPAN TIMES
 
Nintendo said Tuesday it will open its much-awaited first museum on Oct. 2 featuring vintage video games and an interactive shoot-em-up with Super Mario characters.
 
The museum in Uji, Kyoto Prefecture, is located inside a renovated old factory built in 1969, where the gaming giant...

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7-Eleven Owner Receives Japan’s Biggest Ever Foreign Takeover Approach

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FINANCIAL TIMES
 
Seven & i market capitalisation jumps 23% to $39bn after proposal from Canadian convenience store rival Couche-Tard
The Japanese operator of 7-Eleven, the world’s biggest convenience store chain, has received a takeover approach from the Canadian retailer Alimentation Couche-Tar...

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National, Tokyo Governments Seeking ¥700 Billion Valuation For Tokyo Metro IPO

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JAPAN TODAY
 
Japan's national and Tokyo governments are seeking a 700 billion yen valuation for Tokyo Metro as they prepare to list the subway operator as early as the end of October, three sources said, in what would be the nation's biggest IPO in roughly six years.
The two governments, which o...

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Japanese Firm Hitachi to Release Vacuum Using AR That Turns Cleaning Into a Game; Stressful Cleaning May Become More Enjoyable

  • Category:Other
JAPAN NEWS
 
Taking advantage of augmented reality, a Hitachi vacuum cleaner lets people feel as if they are playing a game instead of cleaning.
Hitachi Global Life Solutions, Inc., a subsidiary of Hitachi, Ltd., is set to release the cordless stick vacuum in mid-September.
The company decided to...

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