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Toyota Discloses Improper Crash Tests at Daihatsu Subsidiary

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JAPAN NEWS
 
Toyota has found improper crash tests for a model and suspended shipments, in the latest in a series of embarrassing woes plaguing Japan’s top automaker.
The latest problem, disclosed late Friday, affects 56,111 Toyota Raize hybrid vehicles produced by Daihatsu Motor Co., a manufactu...

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Japan Racks Up Trade Deficit Although Exports Gradually Rebound

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AP NEWS
 
TOKYO (AP) — Japan racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered, according to government data released Thursday.
Japan’s trade deficit totaled 432.4 billion yen ($3.2 billi...

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Mizuho Financial Group Plans to Add 1,600 Staff to Strengthen System Support

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JAPAN NEWS
 
Mizuho Financial Group Inc. plans to strengthen system support by adding about 1,600 employees to its internal control section over the next three years, according to sources close to the firm.
Meanwhile, the firm also plans to reduce the number of staff doing clerical work at bank b...

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Toyota's Full-Year Net Profit Beats Forecast

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JAPAN TODAY
 
Top-selling automaker Toyota Motor C0rp said Wednesday that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease.
The Japanese firm reported 2.45 trillion yen in net profit for the fiscal year, down 14 ...

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Japan's Takeda Flags Profit Slide As It Bolsters Drug Pipeline

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REUTERS
 
Japan's Takeda Pharmaceutical Co (4502.T) on Thursday reported annual profit that missed estimates and flagged a decrease in the coming year as its mainstay drugs lose patent protection.
Japan's biggest drugmaker spent big in the past year to replenish its pipeline to make up for the lo...

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Honda's Net Profit Falls 1.7% In FY 2022 As China, US Sales Slow

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MAINICHI
 
 
Honda Motor Co. said Thursday its net profit for the fiscal year ended March fell 1.7 percent from a year earlier to 695.27 billion yen ($5.2 billion), hurt by a fall in vehicle sales in China and the United States.
But for the current business year through next March, the Japanese a...

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McDonald’s in Japan to Make COVID-19 Masks Optional for Workers

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THE JAPAN NEWS
 
McDonald’s Holdings Company (Japan) Ltd. said Tuesday it will leave the decision on whether to wear a COVID-19 mask up to each restaurant worker, starting Monday.
The burger chain currently requires all its restaurant workers to wear masks, but it will change the rule on Monday, ...

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Imperial Family Attends Vienna Boys Choir Concert

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THE JAPAN NEWS
 
The Emperor and Empress and their daughter Princess Aiko attended a concert by the Vienna Boys Choir at Suntory Hall in Akasaka in Minato Ward, Tokyo.
The Imperial couple were able to enjoy the choir’s beautiful vocals in person on Thursday for the first time since June 2019, as ...

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Japan, South Korea Revive Stalled Economic Talks As Global Risks Rise

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REUTERS
 
Japan, S.Korea hold 1st bilateral finance talk in 7 yearsTwo sides agree to hold regular bilateral finance dialogueAsian finance chiefs warns of risks from U.S. banking woesAsia policymakers agree to beef up market safeguards
INCHEON, South Korea May 2 (Reuters) - Japan and South Korea ...

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Mitsui & Co. Tops 1 trillion Yen in Net Profit

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THE JAPAN NEWS
 
Mitsui & Co. said Tuesday that its consolidated net profit for the year that ended in March rose 23.6% from the previous year to ¥1,130,630 million.
The company became the first Japanese trading house to post an annual net profit of over ¥1 trillion, backed by a surge in crude oi...

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