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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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BOJ Drops Inflation Time Frame As It Struggles To Hit Elusive Goal

  • Category:Event
JAPAN TODAY
 
TOKYO - The Bank of Japan on Friday removed reference to a time frame for achieving its longstanding inflation target, as it struggles to hit the elusive goal despite steady economic growth.
The central bank had promised to achieve the 2.0 percent figure around the fiscal year to Ma...

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Competition Heats Up Among Operators of Shared Offices

  • Category:Event
THE JAPAN NEWS
 
Competition among operators of shared offices is getting tougher in the Tokyo metropolitan area and surrounding prefectures, with an increasing number of major real-estate developers and foreign firms opening businesses that lease such work-sharing spaces.
The boom has been spurr...

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Nissan to Cut Hundreds of Jobs at UK Car Plant: Source

  • Category:Event
JAPAN TODAY
 
LONDON - Japanese automaker Nissan will ax hundreds of staff at its car plant in northeastern England due to a sharp fall in diesel car sales, a source told AFP on Friday.
Questioned about media reports of hundreds of job losses at Nissan's factory in the coastal city of Sunderland,...

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Japan Consumer Prices Edge Up 0.9% in March

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's consumer prices edged up 0.9 percent in March, government data showed Friday, but inflation was slightly weaker than the previous month and still far below a longstanding target.
Japan has notched up eight straight quarters of economic growth -- the longest positive ...

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Takeda's $60 Bil Bid for Ireland's Shire Group Unsuccessful

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese pharmaceutical giant Takeda said Thursday it had made a takeover bid worth £42 billion ($60 billion) for Ireland's Shire Group but that its offer was rejected.
"Takeda was subsequently notified that the board of Shire had rejected its proposal. Discussions between t...

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