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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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Jack Ma Takes Up Visiting Professorship In Japan

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CNN
 
Jack Ma has a new job: visiting professor in Japan.
The Chinese billionaire has joined Tokyo College, under the University of Tokyo, according to a Monday statement on its website.
In his role, Ma will work with researchers, serve as an adviser to the college and participate in seminars. He...

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JAL Flies Back Into The Black As Travel Demand Picks Up

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JAPAN TODAY
 
Japan Airlines logged Tuesday an annual net profit for the first time in three years, buoyed by soaring domestic and international demand for travel after pandemic restrictions were eased.
The carrier, Japan's second-largest by market share, said net profit for the year to March was...

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Joby, Toyota Expand Partnership With Long-Term Supply Agreement

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JAPAN TODAY
 
Joby Aviation Inc, a company developing all-electric aircraft for commercial passenger service, has signed a long-term agreement with Toyota Motor Corp to supply key powertrain and actuation components for the production of the company’s aircraft.
The agreement builds on the long-st...

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BOJ's New Chief Keeps Ultra-Low Rates, Embarks On Policy Review

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REUTERS
 
SummaryBOJ keeps ultra-low interest rate targets unchangedRevamps guidance, removes pledge to keep rates at low levelsQuarterly report projects inflation to hit 1.6% in fiscal 2025Ueda vows to keep ultra-loose policy, warns of YCC side-effectsReview will take 1-1.5 years, won't bind nea...

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Japan's FY2022 Jobless Rate At 2.6%; Improves For 2nd Year In Row

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JAPAN TODAY
 
Japan's unemployment rate for fiscal 2022 fell by 0.2 percentage point from the previous year to an average of 2.6 percent, marking the second straight year of improvement amid a steady recovery from the COVID-19 pandemic, government data showed Friday.
The job availability ratio ro...

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