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Sony Gains Control of EMI, Becomes Top Music Publisher

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Reuters) — Sony Corp. said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s biggest music publisher in an industry that has found new life in streaming services.
The acquisition, which gives Sony a catalogue of more than 2 million son...

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Booming Demand Leaves Japan’s Whiskey Lovers Dry

  • Category:Event
THE JAPAN NEWS
 
Some Japanese whiskeys are in short supply due to their increasing popularity in overseas markets and a recent domestic boom of highballs, or whiskey and soda.
Under such circumstances, Suntory Spirits Ltd., an affiliate of Suntory Holdings Ltd., announced plans to suspend sales ...

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Record 98% of University Graduates Land Jobs Amid Recovering Economy

  • Category:Event
JAPAN TODAY
 
TOKYO - A record-high 98 percent of newly minted university graduates in Japan have landed jobs at the beginning of this fiscal year in April, government data showed Friday, reflecting the nation's recovering economy.
The employment rate of job-seeking graduates rose 0.4 percentage ...

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Nissan to Review Ties with Renault

  • Category:Event
THE JAPAN NEWS
 
YOKOHAMA (Jiji Press) — Hiroto Saikawa, president of Nissan Motor Co., said Monday that the automaker will review its capital ties with France’s Renault SA.
At a press conference in Yokohama, Saikawa indicated that the mutual investment ratios will specifically be reconsidered.
T...

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Struggling Toshiba Returns to Black; Avoids Delisting

  • Category:Event
JAPAN TODAY
 
TOKYO - Struggling Japanese conglomerate Toshiba said Tuesday it had bounced back into the black after a disastrous year and will avoid a humiliating delisting from the Tokyo stock exchange.
The firm said it had booked a record net profit of 804.0 billion yen ($7.3 billion), compare...

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Shipments Of New ‘Aibo’ Robot Dog Top 10,000

  • Category:Event
THE JAPAN NEWS
 
Domestic shipments of the new “aibo” robot pet dog reached 11,111 in mid-April, according to Sony Corp.
Since the robot’s release in January, its popularity has been soaring. People wanting to buy the new model can only do so by lottery at directly managed Sony outlets.
The compa...

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Toyota Posts Record Full-year Net Profit

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese car giant Toyota reported a record full-year net profit Wednesday thanks to a weaker yen and U.S. tax cuts, but warned about the outlook for the next 12 months.
The country's top carmaker said net profit jumped 36.2 percent to 2.49 trillion yen ($23 billion) in Apri...

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Energy to Expand: UK Firms See Greater Chance in Japan

  • Category:Event
JAPAN TODAY
 
TOKYO - Improvements in technology and data analytics, the emergence of new markets and the ever-present need to tackle climate change have led to a groundswell of innovation in the energy sector.
Advances in everything from battery technology to energy management are in place or po...

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Asia a Bright Spot for Japanese Carmakers Facing Sluggish U.S. Sales

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese automakers that rely heavily on exports to sell their models in the United States would be hardest hit by trade restrictions the country is threatening to impose, as rivals with more limited exposure focus on growing, niche markets.
Many Japanese automakers count th...

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Govt Urged to Increase Consumption Tax to 14%

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — The country’s business leader Yoshi-mitsu Kobayashi has urged the government to improve the nation’s primary budget balance “to zero by 2025,” when all baby boomers will be 75 or older, in order to ensure the sustainability of the social security system.
In a...

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