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Japan's Fourth-Quarter Capital Expenditures Growth Rises

  • Category:Other
JAPAN TIMES
 
Japanese firms increased spending on plant and equipment for the third consecutive quarter in October to December, as corporate sentiment got a boost from falling coronavirus cases and helped lift broader economic activity.
A solid recovery of business expenditures is likely to ease...

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Toyota To Close Japanese Factories After Suspected Cyber-Attack

  • Category:Event
BBC
 
Toyota will shut down all 14 of its factories in Japan on Tuesday after a possible cyber-attack.
News site Nikkei, which first reported the shutdown, said supplier Kojima Industries Corporation suspected it had been hit by a cyber-attack, causing a halt in production.
Japanese factories acc...

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Reclamation At Centrair Starts For Around-The-Clock Flights

  • Category:Other
THE JAPAN NEWS
 
NAGOYA — Land reclamation work in the waters west of Chubu Airport in Aichi Prefecture has begun for the construction of new runways that will enable around-the-clock flights.
The construction being carried out by the Land, Infrastructure, Transport and Tourism Ministry is schedu...

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‘Cat Economics’ A ¥2 Trillion Business In Japan

  • Category:Other
THE JAPAN NEWS
 
Cats have become a popular companion as people spend more time at home amid the prolonged COVID-19 pandemic, and manufacturers are taking advantage of the trend. In 2022, the economic effect of “Nekonomics,” or cat economics, is expected to reach almost ¥2 trillion.
Feb. 22 is Ca...

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Japan Braces For Even Higher Inflation Amid Ukraine Crisis

  • Category:Other
JAPAN TIMES
 
Russia’s invasion of Ukraine has further worsened the outlook for global inflation, with the crisis already causing oil prices to soar — and economists say it may spike further.
The further rise in energy costs is expected to hurt the Japanese economy, which has already begun to fee...

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Cabinet Approves Bill To Beef Up Japan's Economic Security

  • Category:Other
JAPAN TIMES
 
Prime Minister Fumio Kishida’s Cabinet on Friday approved a bill to boost Japan’s economic security in a bid to abate risks associated with rapidly changing geopolitical and geoeconomic circumstances.
Improving economic security is one of the primary policy agendas proposed by Kishi...

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Leaders: Okitane Usui, President And Chief Executive Officer Of Komeda Holdings Co. / Serving A Cup Of Coffee At The ‘Ultimate Relaxing Space’

  • Category:Other
THE JAPAN NEWS
 
The coffee shop chain Komeda’s Coffee has managed to steadily add new stores during the coronavirus pandemic. Okitane Usui, president and chief executive officer of the parent company Komeda Holdings Co., talked to The Yomiuri Shimbun about his unique management strategy.
■ Leavi...

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Toyota Signals Readiness To Fully Meet Wage Demands

  • Category:Other
THE JAPAN NEWS
 
Toyota Motor Corp. President Akio Toyoda signaled the company’s readiness on Wednesday to fully meet demands from its labor union in this spring’s wage talks.
The Japanese automaker’s management aims to reward employees sufficiently for their efforts over the past year, Toyoda sa...

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Sake Brand Dassai Increases Workers’ Starting Pay By Over 40%, Pledges To Double Salaries

  • Category:Gourmet
JAPAN TODAY
 
Asahi Shuzo, the brewer that produces Dassai, one of Japan’s most popular sake brands, does things a little differently. For example, they’re the company that took out full-page newspaper ads to formally request that customers not pay high prices for their products.
That doesn’t mea...

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Seven & I Starts Work To Pick Buyer Of Dept. Store Unit

  • Category:Shopping
THE JAPAN NEWS
 
Retail giant Seven & i Holdings Co. started work on choosing a buyer of its department store unit, Sogo & Seibu Co., on Monday, the final day of primary bid submission.
Potential buyers may include investment funds, real estate companies and railway operators.
Based on proposals ...

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