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7-Eleven’s Japanese Owner Wants To Be Considered As Important As Chipmakers As Circle K’s Operator Mounts A Takeover Bid

  • Category:Other
YAHOO FINANCE
 
The owner of the 7-Eleven convenience store chain, Seven & i Holdings, hopes the Japanese government can give it leverage against a takeover by Canada’s Alimentation Couche-Tard.
Seven & i Holdings is seeking to have its status upgraded to a “core” rating under Japan’s Foreign Exc...

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Nippon Steel To Invest Additional $1.3 Bil In U.S. Steel Plants

  • Category:Other
JAPAN TODAY
 
Nippon Steel Corp said Thursday it will make an additional investment of over $1.3 billion in United States Steel Corp, in an apparent bid to help clinch its planned acquisition of the iconic American steelmaker.
The move comes amid opposition to the deal from United Steelworkers, a...

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Toyota Shutters Factories As Typhoon Approaches

  • Category:Other
JAPAN TODAY
 
Auto giant Toyota is suspending production at all its factories in Japan because of an approaching typhoon, the company said Wednesday.
"From today's No. 2 (afternoon) shift through tomorrow's No. 1 (daytime) shift, we will suspend all the production lines at domestic factories," a ...

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Japan Draws Up Plan To Develop Health Care Business Into Growth Industry

  • Category:Other
NHK
 
Japan's health ministry has drawn up a plan to develop the country's medical care sector by tapping overseas resources, such as accepting foreign medical students.
The ministry announced steps for its vision for global health on Monday at a meeting of its international strategy headquarters...

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Sony Hikes Playstation 5 Price In Japan Citing Cost Volatility

  • Category:Other
BUSINESS TIMES
 
The surprise move comes even as PS5 sales have slowed and Sony is widely expected to refresh its offering with a more powerful, mid-cycle revamp of the console
Sony Group is raising the price of its PlayStation 5 in Japan by 19 per cent to nearly 80,000 yen (S$720.14) almost four...

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Daiwa Plans Foray Into Australian Farm Loans And Real Estate

  • Category:Other
JAPAN  TIMES
 
Daiwa Securities Group is eyeing Australia for its first expansion into the agricultural sector abroad, part of a wider push to boost lending and direct investment in the country’s real estate and renewable energy sectors.
Japan’s second-biggest brokerage is looking for investment ...

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Nissin Warned For Pressuring Retailers To Raise Prices Of 5 Products

  • Category:Gourmet
JAPAN TODAY
 
Japan’s Fair Trade Commission has issued a warning to Osaka-based food giant Nissin Food Products for pressuring supermarkets and drugstores to raise retail prices of five of its main products.
The Fair Trade Commission issued the warning after it learned that Nissin had forced the ...

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Insufficient Rice Supply Hits Japan; Sever Heat, Rising Demand from Inbound Tourist Among Factors

  • Category:Tourism
JAPAN NEWS
Japan has recently been hit by insufficient supply of rice. Declining supplies due to severe heat last summer combined with the return of inbound tourists has led to emptied supermarket shelves and purchase restrictions.
Although shipments of rice harvested in 2024 will likely ease the...

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Japan Records Trade Deficit As Surging Global Prices Push Imports Higher

  • Category:Other
JAPAN TODAY
 
Japan racked up a 621 billion yen ($4.3 billion) trade deficit in July, as prices of imports surged, according to government data released Wednesday.
Japan’s imports grew nearly 17% from a year ago to 10.2 trillion yen ($70.6 billion), while exports grew 10% to 9.6 trillion yen ($66...

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Nintendo To Open Museum In Kyoto On Oct. 2

  • Category:Other
JAPAN TIMES
 
Nintendo said Tuesday it will open its much-awaited first museum on Oct. 2 featuring vintage video games and an interactive shoot-em-up with Super Mario characters.
 
The museum in Uji, Kyoto Prefecture, is located inside a renovated old factory built in 1969, where the gaming giant...

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