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Summer Sales Heat Up with Hotter Temperatures; Consumers Buy Up Portable Air Conditioners, Parasols

  • Category:Shopping
JAPAN NEWS
 
The summer shopping season is reaching its peak amid scorching daily temperatures. In addition to strong sales of such items as beer and ice cream, sales of products that help keep you cool have been higher than usual.
In recent years, retailers have been trying to adapt sales strate...

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7-Eleven Owner Receives Japan’s Biggest Ever Foreign Takeover Approach

  • Category:Other
FINANCIAL TIMES
 
Seven & i market capitalisation jumps 23% to $39bn after proposal from Canadian convenience store rival Couche-Tard
The Japanese operator of 7-Eleven, the world’s biggest convenience store chain, has received a takeover approach from the Canadian retailer Alimentation Couche-Tar...

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National, Tokyo Governments Seeking ¥700 Billion Valuation For Tokyo Metro IPO

  • Category:Other
JAPAN TODAY
 
Japan's national and Tokyo governments are seeking a 700 billion yen valuation for Tokyo Metro as they prepare to list the subway operator as early as the end of October, three sources said, in what would be the nation's biggest IPO in roughly six years.
The two governments, which o...

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Japanese Firm Hitachi to Release Vacuum Using AR That Turns Cleaning Into a Game; Stressful Cleaning May Become More Enjoyable

  • Category:Other
JAPAN NEWS
 
Taking advantage of augmented reality, a Hitachi vacuum cleaner lets people feel as if they are playing a game instead of cleaning.
Hitachi Global Life Solutions, Inc., a subsidiary of Hitachi, Ltd., is set to release the cordless stick vacuum in mid-September.
The company decided to...

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Japan Stocks Lift Asian Market Higher After U.S. Retail Data Boost Wall Street

  • Category:Other
JAPAN TODAY
 
Japanese stocks led the gains in Asian markets Friday after Wall Street rallied to one of its best days of the year as data showed the U.S. economy is holding up better than expected, with particular credit going to the country’s shoppers.
U.S. futures were higher while oil prices d...

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General Sales Of Japan’s Most Convenient Prepaid Train/Shopping Card To Finally Resume Soon

  • Category:Other
JAPAN TODAY
 
If you’re traveling in Japan, one of the most useful things you can get yourself is a Suica card. Originally introduced as a prepaid card for using East Japan Railway Company/JR East trains, Suica has grown to be Japan’s most prevalent electronics payment method, accepted at a huge ...

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Ex-BOJ Board Member Rules Out Another Rate Hike This Year

  • Category:Other
JAPAN TIMES
 
The Bank of Japan won’t be able to raise the policy rate again this year, given the market turmoil that followed its recent hike and the low likelihood of the nation’s economy seeing a rapid recovery, according to a former board member.
"They won’t be able to hike again, at least fo...

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Music And Gaming Help Sony Hike Net Profit Forecast

  • Category:Other
JAPAN TODAY
 
Sony raised its annual net profit forecast on Wednesday after a solid performance in the first quarter, predicting strong sales in video games and music, as well as image sensors used in iPhones.
The yen's weakness against the dollar in recent months has boosted takings for the Japa...

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Bank of Japan Gov. Kazuo Ueda Expresses Positive Outlook for Japan’s Economy; Warns Against Excessive Depreciation of Yen

  • Category:Other
JAPAN NEWS
 
Bank of Japan Gov. Kazuo Ueda expressed his views on the current economic situation in Japan, saying “Underlying inflation in Japan is firmly moving toward 2%, and it has been confirmed that the virtuous cycle between wages and prices has become more solid,” in his speech at a Yomiur...

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Ridesharing Restrictions In Japan To Be Eased On Extremely Hot Days; Some In Govt Calling For All Restrictions To Be Lifted

  • Category:Other
JAPAN NEWS
 
Ridesharing restrictions will be eased regarding the operation and number of vehicles when it is extremely hot or when large-scale events are being held, the Land, Infrastructure, Transport and Tourism Ministry said Friday.
Ridesharing is a paid ride-hailing service in which private ...

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