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Company Heads Urge Hires to Seek Challenges

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Companies across Japan held welcome ceremonies for their new employees on Monday, the first business day of fiscal 2017, with many top executives encouraging young workers to take on new challenges amid the changing business environment.
“Your mission is to c...

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New Auto Sales Back at 5 mil. Level in FY16

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — New automobile sales in Japan in fiscal 2016 rebounded to top 5 million units for the first time in two years, industry data showed Monday.
In the fiscal year, which ended on Friday, sales of new vehicles, including mini-vehicles with an engine displacement o...

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Manufacturers' Business Confidence Rises for 2nd Straight Quarter

  • Category:Event
JAPAN TODAY
 
TOKYO — Confidence among Japan’s biggest manufacturers has risen for the second straight quarter, a key central bank survey showed Monday, a welcome boost for the world’s third-largest economy.
The report comes after a batch of government data on Friday showed inflation and factory ...

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Double-decker Shinkansen Series to End Service

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Japan’s only existing double-decker Shinkansen bullet train series is set to end its service by the March 2021 end of fiscal 2020.
East Japan Railway Co., or JR East, said Tuesday that it will replace its E4 series double-decker trains on the Joetsu Shinkanse...

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Kansai Electric Says it Failed to Pay Y1.7 bil in Overtime Wages

  • Category:Event
JAPAN TODAY
 
OSAKA — Kansai Electric Power Co has not paid some 12,900 employees a total of around 1.7 billion yen in overtime wages for a two-year period through the end of last year.
The Osaka-based utility discovered the underpayments for late-night overtime work while probing an overwork-rel...

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Fuji Heavy Industries Changes Name to Subaru Corp

  • Category:Event
JAPAN TODAY
 
 TOKYO — Fuji Heavy Industries Ltd on Saturday changed its company name to Subaru Corp, the brand of its most popular line of cars.
The name change comes as the company marks the 100th anniversary of its founding.
Ceremonies were held Friday for employees at the company’s head offic...

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Toshiba Memory Business Split Approved

  • Category:Event
THE JAPAN NEWS
 
CHIBA (Jiji Press) — Shareholders of struggling electronics and machinery maker Toshiba Corp. on Thursday approved the company’s plan to split off its lucrative flash memory business as a way to remedy its balance sheet.
The approval was given at an extraordinary general sharehol...

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Yoshinoya Beef Bowl Chain to Offer Tuition Loan Perks to Staff

  • Category:Event
JAPAN TODAY
 
TOKYO — Yoshinoya Holdings Co is to offer tuition loans to part-time staff of its gyudon beef bowl franchises with the debt then waived if the employees work for the company for at least four years after finishing their studies.
The program is aimed at providing financial support to...

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For BOJ’s Kuroda, 2% Inflation Still a Long Way Off

  • Category:Event
THE JAPAN NEWS
 
Although there is one year left before his term expires on April 8, 2018, Bank of Japan Gov. Haruhiko Kuroda still has a long way to go to realize his 2 percent inflation target. This is despite the bold monetary easing policies he has presented since taking office in March 2013....

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Japanese Firms Still Slow in Reducing Overtime: Survey

  • Category:Event
JAPAN TODAY
 
TOKYO — Moves by Japan’s major corporations to reduce overtime work are still coming slowly, with only one in four companies saying they plan to introduce a cap, a recent Kyodo News survey showed.
In the survey of 104 companies’ employees and hiring plans, 98 firms said they have a ...

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