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Japan's Toshiba Shareholders Vote Down Restructuring Plan

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US NEWS
 
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. have rejected a major restructuring plan.
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. voted down a major restructuring plan on Thursday, in a setback for the company's managem...

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Tohoku Shinkansen Service Partially Restored

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THE JAPAN NEWS
 
Operation of the Tohoku Shinkansen bullet train resumed Tuesday in parts of a section that was suspended following an earthquake-caused derailment last week.
The line runs from Tokyo Station to Shin-Aomori Station, at the northern end of Honshu.
The magnitude-7.4 earthquake off t...

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Sharp Enters Cosmetics Market

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THE JAPAN NEWS
 
Major home appliance maker Sharp Corp. is entering the cosmetics business, the company said.
The Osaka Prefecture-based company announced last week that it will launch a medicated moisturizing cream on Tuesday, followed by medicated toner and medicated emulsion in late April or l...

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Japan's Prices Are Rising, But Will It Last?

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JAPAN TODAY
 
From rice balls to nappies, prices are rising in Japan. But unlike inflation seen in many other places, the increases are long-sought but also unlikely to last, analysts say.
Since the 1990s, the country has swung between periods of sluggish inflation and deflation, where prices are...

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Toyota Suspends Most Japan Production After Quake

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JAPAN TODAY
 
The world's top-selling automaker Toyota said Friday it will halt operations on the majority of its Japanese production lines for three days as parts supply is hit by a recent powerful earthquake.
The 7.4-magnitude quake jolted east Japan on Wednesday night, derailing a bullet train...

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BOJ Keeps Huge Stimulus, Cautious Tone As Ukraine Crisis Clouds Outlook

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REUTERS
 
SummaryBoard keeps interest rate targets unchangedBOJ warns of 'very high' uncertainty over Ukraine falloutGov Kuroda says no need to tighten policy vs cost-push inflationJapan's inflation may hit 2% from April - Kuroda 
The Bank of Japan maintained its massive stimulus on Friday and wa...

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As Costs Rise In Japan, Even Businesses Accustomed To Deflation Are Raising Prices

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JAPAN TIMES
 
As war in Ukraine drives up already high input costs, even firms with business models fine-tuned to Japan's deflationary economy are toying with higher prices — testing acceptance by consumers hardened by repeated affirmations of an elusive inflation goal.
High street price rises ha...

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Major Firms Offer Higher Pay Increases After Talks

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THE JAPAN NEWS
 
Many major Japanese automakers and electronics firms fully accepted labor unions’ pay demands while major steelmakers and heavy machinery companies revived a pay scale increase as this year’s shunto labor-management wage talks reached their climax on Wednesday.
Those companies of...

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Toyota To Suspend Additional Production In March On Chip Shortage

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ASAHI
 
Japan’s Toyota Motor Corp. said on Tuesday there will be an additional domestic production suspension in March due to semiconductor shortages.
Toyota will suspend production on one line at a factory for eight weekdays starting March 22 through the end of the month. The production of about...

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Japan’s Nozomi Shinkansen Bullet Train Celebrates 30 Years Of Fast-Tracking

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THE JAPAN NEWS
 
The Nozomi Shinkansen bullet train marked its 30th anniversary on Monday.
The Tokaido Shinkansen line train made its debut in 1992, eclipsing the then super-express Hikari service by 19 minutes.
The newest iteration of the train connects Tokyo and Shin-Osaka stations in about 150...

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