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Spring Japan Suspends 10 Pilots Over Safety Regulation Breaches

  • Category:Event
JAPAN TODAY
 
CHIBA - Spring Airlines Japan Co, a subsidiary of Shanghai-based Spring Airlines Co, suspended 10 pilots for breaching safety regulations in the six months through October, company officials said Thursday.
The airline has sent four captains and six copilots for retraining.
The figur...

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FamilyMart to Open 24-hour Gyms

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press)—Major convenience store operator FamilyMart Co. said Thursday it will start a 24-hour fitness gym business, tapping into consumers’ growing health consciousness.
Over the next five years, the company aims to open a total of 300 gyms, on the second floor of Fami...

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Toray Industries Unit Falsified Data on Tire Material Quality

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Major textile maker Toray Industries Inc. said Tuesday it has found that a wholly owned subsidiary manipulated quality data for tire materials and other products supplied to 13 client companies, in the latest blow to the credibility of the manufacturing indus...

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SoftBank Told About Uber Breach Before Public

  • Category:Other
THE JAPAN NEWS
 
Uber Technologies Inc. disclosed its massive data breach to prospective investor SoftBank Group Corp. before revealing the details to the public.
The disclosure came as SoftBank conducts due diligence on the ride-hailing company ahead of a potential investment, Uber said in an em...

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Uniqlo Eyes Expansion Into India

  • Category:Shopping
THE JAPAN NEWS
 
NEW DELHI/MUMBAI (Bloomberg) — Fast Retailing Co., operator of the Uniqlo casual-wear brand, has applied to open stores in India as Asia’s largest clothing chain increases its reliance on overseas markets.
The Japanese company submitted an application on Nov. 21 seeking governmen...

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Product Data Tampering Found at Mitsubishi Materials Units

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Mitsubishi Materials Corp. said Thursday that two subsidiaries have falsified product quality data and shipped products that did not satisfy internal and client requirements.
The two subsidiaries of the major nonferrous metal producer are Mitsubishi Cable Ind...

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Toshiba to Remove Times Square Advertising In Cost-cutting Move

  • Category:Other
JAPAN TODAY
 
TOKYO - Toshiba Corp will remove its corporate logo from its prominent position atop the One Times Square building overlooking New York's iconic tourist hub as part of cost-cutting efforts, sources close to the matter said Wednesday.
In addition to terminating its contract for the T...

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MUFG Plans to Slash Workforce by 15%

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese banking giant Mitsubishi UFJ Financial Group plans to shrink its domestic workforce by around 15%, the firm said Tuesday, tightening payrolls as it looks to bolster profits squeezed by ultra-low interest rates.
MUFG announced it would lose some 6,000 of more than 40...

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Honda Recalls 800,000 Minivans Over Faulty Seats

  • Category:Event
JAPAN TODAY
 
TOKYO - Honda is recalling about 800,000 of its Odyssey minivans in the United States over faulty parts blamed for 46 minor injuries, the company said, just a month after settling a huge lawsuit on other defects.
The recall, which affects the 2011-2017 models sold in the U.S., may l...

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Toshiba Board to OK Plan to Raise ¥600 bil. to Stay on TSE

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Reuters) — Toshiba Corp. will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.
Tosh...

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