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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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JAL Revival Heralds New Competition / Transport Ministry to End Regulatory Supervision

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — The Japanese airline industry is set to enter a new era of competition in April, with Japan Airlines to exit from restrictions on launching new operations that were imposed after the public bailout of the former national flag carrier.
Following its bankruptcy...

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TEPCO to Reshuffle Top Management

  • Category:Event
JAPAN TODAY
 
TOKYO — Tokyo Electric Power Company Holdings Inc (TEPCO), operator of the disaster-hit Fukushima nuclear power plant, will reshuffle its top management, promoting Director Tomoaki Kobayakawa to president, people close to the matter said Sunday.
TEPCO, which is effectively controlle...

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Japan’s Premium Friday campaign gets tepid response from workers in Tokyo

  • Category:Event
JAPAN TRENDS
 
Despite all the media fanfare and money spent on advertising the campaign, the jury is still out on whether Premium Friday was a success or flop.
The campaign launched by METI (the Ministry of Economy, Trade and Industry) asks companies to let workers off at 3pm on the last Friday ...

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Trump Names Businessman Hagerty as Ambassador to Japan

  • Category:Event
THE JAPAN NEWS
 
WASHINGTON — U.S. President Donald Trump on Thursday announced his nomination of William Hagerty, who had been director of presidential appointments in Trump’s transition team, as the next U.S. ambassador to Japan.
Hagerty is expected to assume his new post after confirmation by ...

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Japan, EU Look to Free Trade Amid Headwinds

  • Category:Event
THE JAPAN NEWS
 
BRUSSELS — Prime Minister Shinzo Abe met European Council President Donald Tusk and other European Union leaders in Brussels on Tuesday, where they reaffirmed their goal to quickly conclude a broad agreement on an economic partnership agreement.
Protectionist movements are gainin...

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Feb. Trade Surplus Soars to ¥813.4 bil. On Upbeat Exports

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Japan logged a customs-cleared trade surplus of ¥813.4 billion in February, up sharply from the year-before surplus of ¥235.5 billion, the Finance Ministry said Wednesday.
The nation’s trade balance was in the black for the first time in two months, on the ba...

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