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Companies Revive In-Person Ceremonies As New Recruits Start Work

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JAPAN TODAY
 
New recruits at companies, public offices, and other organizations in Japan began work Friday, the start of the fiscal year, with some firms reviving in-person ceremonies for the first time since the outbreak of the coronavirus pandemic more than two years ago.
Toyota Motor Corp, ba...

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Mizuho Taps «One Bank» Business in Japan

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FINEWS
 
Japan’s third largest bank Mizuho is looking to almost double its wealth management client base in the country, targeting cash-poor entrepreneurs and their holistic needs.
Mizuho is targeting to have 1,000 families on board as wealth management clients one year from now, according to a «...

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Japan Holds On To Oil, Gas Interests In Russia’s Sakhalin, Wary Of China Taking Them

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THE JAPAN NEWS
 
Despite Russia’s ongoing invasion of Ukraine, the Japanese government intends for the time being to maintain its interests in energy projects in the Russian Far East island of Sakhalin.
If Japan were to withdraw from the island, the government believes China would be the likely n...

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Japan's Toshiba Shareholders Vote Down Restructuring Plan

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US NEWS
 
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. have rejected a major restructuring plan.
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. voted down a major restructuring plan on Thursday, in a setback for the company's managem...

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Tohoku Shinkansen Service Partially Restored

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THE JAPAN NEWS
 
Operation of the Tohoku Shinkansen bullet train resumed Tuesday in parts of a section that was suspended following an earthquake-caused derailment last week.
The line runs from Tokyo Station to Shin-Aomori Station, at the northern end of Honshu.
The magnitude-7.4 earthquake off t...

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Sharp Enters Cosmetics Market

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THE JAPAN NEWS
 
Major home appliance maker Sharp Corp. is entering the cosmetics business, the company said.
The Osaka Prefecture-based company announced last week that it will launch a medicated moisturizing cream on Tuesday, followed by medicated toner and medicated emulsion in late April or l...

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Japan's Prices Are Rising, But Will It Last?

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JAPAN TODAY
 
From rice balls to nappies, prices are rising in Japan. But unlike inflation seen in many other places, the increases are long-sought but also unlikely to last, analysts say.
Since the 1990s, the country has swung between periods of sluggish inflation and deflation, where prices are...

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Toyota Suspends Most Japan Production After Quake

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JAPAN TODAY
 
The world's top-selling automaker Toyota said Friday it will halt operations on the majority of its Japanese production lines for three days as parts supply is hit by a recent powerful earthquake.
The 7.4-magnitude quake jolted east Japan on Wednesday night, derailing a bullet train...

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BOJ Keeps Huge Stimulus, Cautious Tone As Ukraine Crisis Clouds Outlook

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REUTERS
 
SummaryBoard keeps interest rate targets unchangedBOJ warns of 'very high' uncertainty over Ukraine falloutGov Kuroda says no need to tighten policy vs cost-push inflationJapan's inflation may hit 2% from April - Kuroda 
The Bank of Japan maintained its massive stimulus on Friday and wa...

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As Costs Rise In Japan, Even Businesses Accustomed To Deflation Are Raising Prices

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JAPAN TIMES
 
As war in Ukraine drives up already high input costs, even firms with business models fine-tuned to Japan's deflationary economy are toying with higher prices — testing acceptance by consumers hardened by repeated affirmations of an elusive inflation goal.
High street price rises ha...

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