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Toyota Warns Of 64% Drop In Full-Year Net Profit

  • Category:Other
JAPAN TODAY
 
TOKYO - Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.
Japan's top car maker, which had previously declined to give a bottom-line forecast because of ongoin...

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Japan’s Locked Borders Shake the Trust of Its Foreign Workers

  • Category:Other
NEW YORK TIMES
 
A pandemic policy that bars re-entry for many permanent and long-term residents has upended many lives and undercut Tokyo’s efforts to woo global capital and talent.
TOKYO — When Jeff Mazziotta, a director of a nonprofit wildlife conservation organization, left Japan for South Af...

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Bank Of Japan May Extend Corporate Support Amid Pandemic

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THE JAPAN NEWS
 
Bank of Japan Gov. Haruhiko Kuroda said the central bank could extend its support for companies’ cash flow management “if deemed necessary,” hinting that the BOJ may extend the original deadline of March 2021 for this aid, launched in response to the surge in infections of the no...

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Summer Bonuses At Major Japan Firms Down 2.17 Percent

  • Category:Other
JAPAN TIMES
 
The average summer bonus at major Japanese companies this year dropped 2.17 percent from a year earlier to ¥901,147, a Japan Business Federation survey showed Wednesday.
The average amount fell for the second consecutive year reflecting the global economic slowdown and the novel cor...

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It's Time To Reset Japan's Digital Infrastructure

  • Category:Other
JAPAN TIMES
 
This is the second installment of a series in collaboration with the World Economic Forum’s Centre for the Fourth Industrial Revolution (C4IR) Japan, which will explore how the coronavirus pandemic has revealed the need for a reset of the world’s economic and social systems.
Japan i...

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JETRO To Help Companies Export Refined Made-In-Japan Crafts Online

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KYODO NEWS
 
A Japanese government-linked organization will help local companies export made-in-Japan refined crafts including stationery, furniture and accessories through online business meetings with overseas buyers amid the coronavirus pandemic.
The Japan External Trade Organization has picke...

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Japanese Brokers Say Goodbye To 'Hanko' Seals On Contracts

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NIKKEI ASIAN
 
TOKYO -- SMBC Nikko Securities, a top Japanese brokerage house, will allow clients to open an account without the need to provide 'hanko' seals on their contracts at all its branches starting this month. All they will need is a Nikko sales representative to fill in a form on an iPa...

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Boeing And MHI To Upgrade Japan’s F-15J Fleet

  • Category:Tourism
JAPAN TODAY
 
TOKYO - Boeing and Mitsubishi Heavy Industries (MHI) have signed an agreement to support upgrades to Japan’s F-15J fleet.
The contract is part of a larger $4.5 billion modernization program, announced by the U.S. Government in October 2019.
The upgrades will introduce state-of-the-a...

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Japan's June Retail Sales Fall For Fourth Month, But At Slower Pace

  • Category:Shopping
JAPAN TODAY
 
TOKYO - Retail sales in Japan fell for the fourth straight month in June as consumer sentiment remained bruised due to the impact from the coronavirus pandemic, though the pace of decline was slower than expected.
The extended fall in retail sales backed signs that the health crisis...

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Japan Looking To Restrict Use Of Chinese Apps, Including Tiktok

  • Category:Other
MUSIC BUSINESS WORLDWIDE
 
Japanese politicians are reportedly looking at restricting the use of Chinese-made apps including ByteDance-owned TikTok over data security concerns.
According to Japanese news outlet NHK, the group of lawmakers from the ruling Liberal Democratic Party want to submit pr...

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