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Japan's Record Exports to Asia Raise Hopes for Fourth-quarter Growth

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's exports grew for a 13th straight month in December, led by record demand from China and Asia as a whole, raising the prospects for vigorous economic growth in the fourth quarter.
The Ministry of Finance (MOF) said on Wednesday that exports rose 9.3% in December from ...

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Beef Imports Post Meaty Gains in 2017

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Bloomberg) — The nation’s beef purchases are set to climb this year as growing demand for affordable meat counters the first rise in import duties in 14 years.
Beef imports are likely to increase to the highest level since 2001 after growing more than 10 percent last year,...

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Toyota Launches Mobility Service Alliance and Autonomous e-Palette Concept Vehicle

  • Category:Tourism
JAPAN TRENDS
 
Toyota has partnered with Amazon, DiDi, Mazda, Pizza Hut and Uber to form the e-Palette Alliance, forming a broad hardware and software ecosystem for utilizing advanced mobility technology to better serve customers in the future.
As a first step, Toyota has announced a new concept ...

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Chief of Contractor Obayashi to Resign Amid Maglev Bid Rigging Probe

  • Category:Event
JAPAN TODAY
 
TOKYO - Major Japanese contractor Obayashi Corp said Tuesday its president, Toru Shiraishi, will resign in March, in a move seen as taking the blame for alleged bid-rigging over a Tokyo-Osaka maglev train line that also involves three other firms.
Obayashi, which has been investigat...

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Research and Risk: Keys to Success in Japan

  • Category:Experience
JAPAN TODAY
 
TOKYO - At first glance, the Japanese market appears a dauntingly tough nut to crack. The language barrier is difficult to surmount, staff insist on doing things “the Japanese way,” and regulations create a labyrinth designed to protect domestic companies.
And while the norms of doi...

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Japan's Retailers Struggle to Raise Prices, Even as Economy Gains Momentum

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's economy is gathering steam, profits are at record levels and companies are poised to raise wages — yet retailers and restaurant chains are struggling to lift prices for fear of losing customers conditioned by nearly two decades of deflation.
This predicament could un...

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Sony’s Aibo Revived After 12 Years

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Sony Corp. on Thursday revived its “aibo” robot pet dog after a 12-year break, this time featuring artificial intelligence and communications functions.
The new version followed the first-generation aibo, which hit the market in 1999 with its production termi...

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SoftBank Group Soars on Listing Reports

  • Category:Event
JAPAN TODAY
 
TOKYO - Shares in Japan's SoftBank Group soared nearly 6% Monday on reports it could list its mobile unit, potentially raising some $18 billion in one of the country's biggest public offering.
In a statement, SoftBank group insisted no decision had been made, but acknowledged the li...

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Honda N-Box Tops Domestic Car Market Sales for 2017

  • Category:Driving
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Honda Motor Co.’s N-Box minivehicle came first in new car sales rankings in Japan in 2017, capturing the annual top slot for the first time, industry data showed Thursday.
The N-Box, whose sales totaled 218,478 units, climbed from the second position in the p...

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Panel Urges ‘Fresh Start’ For Reeling Shoko Chukin Bank

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — An industry ministry panel on Thursday recommended that the government decide whether to fully privatize scandal-hit Shoko Chukin Bank after a four-year reform period.
In its recommendations, the panel said the existing business model of the government-linked...

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