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Japan's Factory Activity Shrinks For Third Month In January

  • Category:Other
JAPAN TIMES
 
Japan’s factory activity contracted for a third straight month in January, a private survey showed on Wednesday, although manufacturers’ outlooks remained upbeat on improved supply and price conditions.
Amid worsening global economic conditions, Japanese companies are facing calls f...

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Tokyo Disneyland Operator to Raise Wages by 7%

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JAPAN NEWS
 
Oriental Land Co. , the operator of the Tokyo Disneyland and DisneySea theme parks, said Monday that it will raise wages for its employees by an average of around 7%, effective on April 1.
Some 21,800 workers, including part-timers known as cast members, will be subject to the wage i...

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New Toyota President to Helm Firm Amid Fierce Competition

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JAPAN NEWS
 
Toyota Motor Corp. presidential designate Koji Sato will likely have to contend with fierce competition from various industries when he takes the company helm in April.
The auto industry is in the midst of a “once-a-century” major transformation: Growing demand for decarbonized trave...

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Toyota To Replace Akio Toyoda As President And CEO

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JAPAN TODAY
 
Toyota Motor Corp named Koji Sato president and CEO on Thursday, in a surprise reshuffle that sees third-generation chief executive Akio Toyoda step aside to become board chairman of the world's top-selling automaker.
The Japanese automaker said Sato, 53, would also become operating...

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Gold Price Hits Record Highs In Japan, Eyes On Other Currencies

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KITCO
 
Gold priced in Japanese yen traded at record-high levels in Japan Wednesday, according to local prices and media reports.
The precious metal reached a new record high of 8,977 yen (USD $69.28) per gram, which was higher than the previous record of 8,969 yen (USD $69.22) per gram seen in A...

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Japan Whaling Firm Pins Hopes On Vending Machines To Revive Sales

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CNA
 
A Japanese whaling firm unveiled vending machines offering whale sashimi, whale steak and whale bacon in Yokohama on Tuesday (Jan 24) in hopes of reviving sales of a food long in decline and shunned by many supermarkets.
Wearing a whale-shaped hat, Kyodo Senpaku President Hideki Tokoro gree...

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Toranomon Hills Station Tower To Open In Tokyo In Autumn

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JAPAN TODAY
 
Leading urban landscape developer Mori Building Co Ltd announced Tuesday that the 49-story Toranomon Hills Station Tower will open in the autumn. With the birth of Toranomon Hills Station Tower, which currently is being thoroughly integrated with Toranomon Hills Station, the entire ...

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Coinbase Announces 'Difficult Decision' to Shutter Operations in Japan

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DECRYPT.CO
 
Coinbase confirmed that it would be shuttering operations in Japan, asking users to withdraw any funds by February 16.
Coinbase has confirmed that it will halt operations in Japan in the next few weeks, citing current market conditions.
“Due to market conditions, our company has made...

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Japan’s Unbalanced Public Finances Need Open-eyed Risk Management

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JAPAN NEWS
 
Japan’s government debt has been exceptionally high among major industrialized countries for over two decades. The risks posed by this massive debt must be properly analyzed and managed.
I recall that in June 2010, Japan was branded with a failing grade among developed countries at t...

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Japan Posts Record Trade Deficit Of ¥19.97 Trillion In 2022

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JAPAN TODAY
 
Japan ran its biggest annual trade deficit of 19.97 trillion yen in 2022, as higher energy and raw material prices along with the yen's precipitous fall boosted import costs, offsetting growth in exports as the impact of the COVID-19 pandemic waned, government data showed Thursday.
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