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Japan's Rebounding July Machinery Orders Tempered By Fragile Business Outlook

  • Category:Other
REUTERS
 
Japan’s machinery orders rebounded in July from a sharp fall in the previous month, a welcome relief for the coronavirus-stricken economy but the outlook for capital spending remained uncertain due to fragile global business conditions.
Corporate Japan is facing strains from steep decli...

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Amazon's Japan Unit To Return 2 Bil. Yen To Suppliers

  • Category:Other
KYODO NEWS
 
Amazon.com Inc.'s Japan unit has pledged to return around 2 billion yen ($18.8 million) to around 1,400 suppliers after having them shoulder part of the costs to cover discounts the online retailer applied on goods, the antitrust watchdog said Thursday.
The pledge was part of Amazon ...

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Japan's Olympic Minister Vows To Hold Tokyo Games 'At Any Cost'

  • Category:Event
BUSINESS STANDARD
 
Japan's Olympic minister Seiko Hashimoto said on Tuesday that the Tokyo Olympic and Paralympic Games should be held "at any cost", trying to clear all doubts amid the second wave of Covid-19 pandemic and worries of policy changes by a new government.
"All the people involved w...

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Seven-Eleven Japan To Start Home Delivery From Convenience Stores

  • Category:Shopping
NIKKEI ASIAN
 
TOKYO -- Seven-Eleven Japan, operator of the country's biggest convenience store chain, will launch fast home delivery of merchandise from its outlets, as the industry increasingly seeks to capitalize on the growing demand for such services triggered by the coronavirus pandemic.
St...

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Japan's Suga Says Strong Economy Necessary To Pursue Fiscal Reform

  • Category:Other
THE CHRONICLE HERALD
 
TOKYO (Reuters) - Japan's Chief Cabinet Secretary Yoshihide Suga, a frontrunner to become next prime minister, said on Wednesday that strong economic growth is necessary to pursue fiscal reform.
"Reviving Japan's economy is our priority ... A strong economy is necessary for...

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Nissan's Carlos Ghosn Gone, American Kelly Faces Japan Trial Alone

  • Category:Event
BUSINESS STANDARD
 
 
His boss Carlos Ghosn escaped financial misconduct charges by fleeing the country, but another former Nissan executive is still awaiting trial in Japan: Greg Kelly.
Kelly's trial in Tokyo District Court is to open September 15, nearly two years after his arrest, and the same...

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Eneos To Hasten Refinery Consolidation As Virus Hits Demand At Home

  • Category:Other
JAPAN TODAY
 
Japan's biggest oil refiner Eneos Holdings Inc will hasten its transformation into a supplier of low-carbon energy and materials as domestic oil demand drops more than expected due to the COVID-19 pandemic, new President Katsuyuki Ota said.
A quicker timeline comes amid a wider cons...

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Japan's Tuna Market, The World's Largest, Hit Hard By COVID-19 Pandemic

  • Category:Other
CNA
 
Japan's tuna market, the world's largest, is taking an outsized hit from the COVID-19 pandemic, pressuring restaurants and wholesalers at Tokyo's sprawling Toyosu fish market to adapt to survive.
Businesses had hoped for more activity after Japan lifted its state of emergency in late May, b...

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Japan’s Convenience Stores Are Told to Stop Pushing 24-Hour Schedules

  • Category:Other
NEW YORK TIMES
 
The country’s antimonopoly regulator has warned the powerful industry to improve the treatment of franchisees who have been fighting for shorter opening hours.
Japanese convenience store owners who have been fighting for a break from their grueling 24-hour, 365-day-a-year operati...

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Japan's August Service Sector Activity Worsens As Pandemic Stymies Recovery

  • Category:Other
JAKARTA POST
 
Activity in Japan’s services sector contracted at a faster pace in August for the first time in four months, as uncertainty from the coronavirus pandemic weighed on sentiment, hurting business at home and from abroad.
The final Jibun Bank Japan Services Purchasing Managers’ Index (...

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