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Subaru CEO, Execs to Return Part of Their Pay Over Inspection Scandal

  • Category:Event
JAPAN TODAY
 
TOKYO  - The CEO of Japanese automaker Subaru said Tuesday he and all other executives would return part of their pay until next March following an inspection scandal at the company.
"All executives will voluntarily return part of their pay," CEO Yasuyuki Yoshinaga told a press conf...

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Foreign Visitors to USJ in 2017 Reach 2 Million

  • Category:Tourism
THE JAPAN NEWS
 
OSAKA (Jiji Press) — The number of nonresident foreign visitors to Universal Studios Japan in Osaka Prefecture this year reached 2 million on Tuesday, its operator, USJ Co., said the same day.
The figure doubled in three years, after reaching 1 million in 2014.
Attraction areas “...

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Japanese Firm Says It Will Pay Part of Salaries in Bitcoin

  • Category:Event
JAPAN TODAY
 
TOKYO - A Japanese company will start paying part of its employees' salaries in Bitcoin, as it aims to get better understanding of the virtual currency, a spokeswoman said on Friday.
GMO Internet, which operates a range of web-related businesses including finance, online advertising...

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Japanese Factories Embrace Robot Takeover

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Bloomberg) — While people fret about robots taking human jobs, machines in the country are stepping in to fill vacancies amid the worst labor shortage in more than 40 years. That’s creating an opportunity for up-and-coming start-ups focused on automating warehouse tasks.
N...

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Faring badly: Uber struggles to make inroads in Japan

  • Category:Driving
JAPAN TODAY
 
TOKYO - Uber may be shredding business models for taxi firms the world over but it is struggling to make inroads in Japan, where risk-averse passengers prefer to stick to their high-quality traditional taxi service.
Japan, with its wealthy customer base and megacities like Tokyo, sh...

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Rakuten Aims to Become Nation’s 4th Mobile Carrier

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Rakuten Inc. said Thursday that it aims to become the country’s fourth mobile carrier with its own communications infrastructure, hoping to launch the services in 2019.
The major cybermall operator will apply for frequency band allocation for the fourth-gener...

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Toyota Eyes Major Boost in Electric-Powered Vehicles

  • Category:Driving
JAPAN TODAY
 
TOKYO - Japanese car giant Toyota said Wednesday it wanted half of its global sales to come from electric-powered vehicles by 2030, as the industry strives to meet toughening environmental regulations.
Electric-powered vehicles currently represent around 15 percent of the roughly 10...

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Toshiba, WD Agree on Settlement Terms

  • Category:Event
THE JAPAN NEWS
 
Toshiba Corp., which is undergoing business reconstruction, announced Wednesday that it had settled its dispute with Western Digital Corp. of the United States over the planned sale of its memory chip subsidiary, Toshiba Memory Corp.
Toshiba and Western Digital will each withdraw...

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Behind Bitcoin Boom, Japanese Retail Investors Pile In

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's army of retail investors, no strangers to high risk bets in the past, have emerged as a major force in bitcoin's spectacular rally, now accounting for an estimated 30-50 percent of trading in the cryptocurrency as it spikes to record highs.
Once skeptics, Japanese re...

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Kansai Eyes Tourism Boom with Integrated Resorts

  • Category:Tourism
JAPAN TODAY
 
TOKYO - The Union of Kansai Governments (UKG) is a statutory entity covering the prefectural governments and the designated cities of Osaka, Kyoto, Kobe, and Sakai. For the past several years, the Kansai chapter of the American Chamber of Commerce in Japan (ACCJ) and UKG have engage...

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