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Softbank's Masayoshi Son Expresses Concern About Tokyo Olympics As Covid Surges In Japan
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CNBC
Key PointsIn a series of tweets, SoftBank Group’s founder and CEO Masayoshi Son expressed bewilderment and concern about the Tokyo Olympics going ahead.Japan has vaccinated just 4.4% of its population, the slowest among the world’s larger, rich countries.With just two months to go until th...
Key PointsIn a series of tweets, SoftBank Group’s founder and CEO Masayoshi Son expressed bewilderment and concern about the Tokyo Olympics going ahead.Japan has vaccinated just 4.4% of its population, the slowest among the world’s larger, rich countries.With just two months to go until th...
- May 24, 2021
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Japan's Economy Slumps More Than Expected As COVID-19 Hits Consumption
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JAPAN TIMES
Japan's economy shrank more than expected in the first quarter as a slow vaccine rollout and new COVID-19 infections hit spending on items such as dining out and clothes, raising concerns the country will lag behind others emerging from the pandemic.
Capital expenditure also fell un...
Japan's economy shrank more than expected in the first quarter as a slow vaccine rollout and new COVID-19 infections hit spending on items such as dining out and clothes, raising concerns the country will lag behind others emerging from the pandemic.
Capital expenditure also fell un...
- May 18, 2021
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Japan's Top Bank MUFG Forecasts Lower Credit Costs, Beats Profit View
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REUTERS
Japan's top lender Mitsubishi UFJ Financial Group Inc (MUFG) (8306.T) posted on Monday a better than expected 47% jump in annual profit and forecast its credit costs will fall this year on expectations of a recovery from the COVID-19 pandemic.
MUFG's credit costs prediction follows thos...
Japan's top lender Mitsubishi UFJ Financial Group Inc (MUFG) (8306.T) posted on Monday a better than expected 47% jump in annual profit and forecast its credit costs will fall this year on expectations of a recovery from the COVID-19 pandemic.
MUFG's credit costs prediction follows thos...
- May 17, 2021
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Toshiba Returns To Net Profit; Welcomes 'Credible' Buyout Offers
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JAPAN TODAY
TOKYO - Toshiba on Friday announced a return to an annual net profit and stressed it would consider "credible" buyout offers, after a proposal from a private equity fund stirred turmoil within the storied Japanese firm.
The conglomerate -- once a shining symbol of Japan's advanced t...
TOKYO - Toshiba on Friday announced a return to an annual net profit and stressed it would consider "credible" buyout offers, after a proposal from a private equity fund stirred turmoil within the storied Japanese firm.
The conglomerate -- once a shining symbol of Japan's advanced t...
- May 16, 2021
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Toyota Unfazed By Chip Shortage, Forecasts Rebound In Profit
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THE JAPAN NEWS
Toyota Motor Corp forecast its profit would bounce back to pre-pandemic levels this year, as the world’s biggest automaker exuded confidence it can tackle a global chip shortage that has stung its rivals.
Japan’s top automaker, which has been stockpiling the semiconductors that a...
Toyota Motor Corp forecast its profit would bounce back to pre-pandemic levels this year, as the world’s biggest automaker exuded confidence it can tackle a global chip shortage that has stung its rivals.
Japan’s top automaker, which has been stockpiling the semiconductors that a...
- May 15, 2021
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Japanese-Style Pubs Report Losses But Sales At Fast-Food Chains Soar
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JAPAN TIMES
The restaurant sector in Japan has reported divergent results in their latest earnings as a drop in the number of people dining out amid the coronavirus pandemic hit izakaya pub operators hard, while takeout demand boosted fast-food chains.
Pub operator Watami Co. on Friday reported...
The restaurant sector in Japan has reported divergent results in their latest earnings as a drop in the number of people dining out amid the coronavirus pandemic hit izakaya pub operators hard, while takeout demand boosted fast-food chains.
Pub operator Watami Co. on Friday reported...
- May 15, 2021
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Tokura, As New Keidanren Chairman, To Carry On Nakanishi Policy
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THE JAPAN NEWS
Masakazu Tokura, who will take over as chairman of Keidanren (Japan Business Federation), will be watched for how he can demonstrate leadership on key issues facing the federation, such as balancing measures against the novel coronavirus with economic recovery and consolidating t...
Masakazu Tokura, who will take over as chairman of Keidanren (Japan Business Federation), will be watched for how he can demonstrate leadership on key issues facing the federation, such as balancing measures against the novel coronavirus with economic recovery and consolidating t...
- May 14, 2021
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Lessons From 2011 Disaster Help Toyota Ride Out Chip Shortage
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JAPAN TODAY
The global microchip shortage dragging on the auto industry has put barely a dent in production at Toyota, the world's biggest automaker, thanks to lessons it learned after Japan's 2011 tsunami disaster.
While the latest crisis caused by skyrocketing demand for semiconductors has fo...
The global microchip shortage dragging on the auto industry has put barely a dent in production at Toyota, the world's biggest automaker, thanks to lessons it learned after Japan's 2011 tsunami disaster.
While the latest crisis caused by skyrocketing demand for semiconductors has fo...
- May 14, 2021
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Paytm Provides Technological Support To Japan's Payment App Paypay
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BUSINESS STANDARD
SoftBank is aiming to take PayPay public; Paytm may also get some stake in the appIndian digital payments firm Paytm is providing technological support to Japan’s payment app PayPay, which multinational conglomerate SoftBank is aiming to take public. Noida-based Paytm may als...
SoftBank is aiming to take PayPay public; Paytm may also get some stake in the appIndian digital payments firm Paytm is providing technological support to Japan’s payment app PayPay, which multinational conglomerate SoftBank is aiming to take public. Noida-based Paytm may als...
- May 13, 2021
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Softbank Corp. And Oneweb Agree On Collaboration Towards Satellite Communication Service Business Deployment In Japan And Global Markets
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BUSINESS WIRE
SoftBank Corp. (TOKYO: 9434, “SoftBank”) and OneWeb, today announced an agreement for mutual cooperation to promote OneWeb’s satellite communication services in the global and Japan markets.
SoftBank and OneWeb will promote satellite communication services via the combination of O...
SoftBank Corp. (TOKYO: 9434, “SoftBank”) and OneWeb, today announced an agreement for mutual cooperation to promote OneWeb’s satellite communication services in the global and Japan markets.
SoftBank and OneWeb will promote satellite communication services via the combination of O...
- May 13, 2021
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