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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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Toyota Brings The Store to You with Self-driving Concept Vehicle

  • Category:Driving
THE JAPAN NEWS
 
LAS VEGAS - Self-driving buses aren't new, but Toyota's concept vehicle unveiled Monday aims to be more than just that -- a mobile platform for e-commerce, ridesharing and medical services, for a start.
The Japanese auto giant's president Akio Toyoda unveiled the new initiative a...

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New $1.6 bil. Toyota-Mazda Plant to Create 4,000 Jobs for Alabama

  • Category:Event
THE JAPAN NEWS
 
MONTGOMERY, Ala. (AP) — Automakers Toyota and Mazda on Wednesday announced plans to build a mammoth $1.6 billion joint-venture plant in Alabama that will eventually employ about 4,000 people.
Several states had competed for the coveted project, which will be able to turn out 300,...

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Renewable Japan Completes 3.8MW Solar Plant in Hokkaido

  • Category:Event
JAPAN TODAY
 
HOKKAIDO - Renewable Japan Co Ltd has completed a solar power plant with an output of about 3.86MW in Ashibetsu City, Hokkaido.
The plant is scheduled to start to sell electricity later this month.
The plant has 14,568 solar panels on 95,249.05 square meters of land.
The plant is ex...

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Live Mitsubishi Webcast Promotes New SUV

  • Category:Driving
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Mitsubishi Motors Corp. said Tuesday it will put on the market a new support-utility vehicle in March, the Japanese automaker’s first new vehicle launch in some four years since the revelation of its fuel economy data fabrication scandal.
Mitsubishi Motors st...

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Bitcoin Proving Big Hit in Japan

  • Category:Event
JAPAN TODAY
 
TOKYO - Known as "Miss Bitcoin" on Japanese social media, Mai Fujimoto says she invests all of her savings in the virtual currency that has proved a huge hit in Japan.
"I convert all my disposable income into cryptocurrency," the 32-year-old tells AFP. "I've been doing this for near...

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