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Japan Inc Scrambles for Job-hoppers to Cope with Labor Shortages

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's labor shortage has pushed job-hopping to its highest since the global financial crisis, as companies scramble for workers with experience in the rapidly-ageing economy.
Job-hopping goes against the grain of Japan's work culture, where many companies hire graduates an...

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New Complex to Open in Tokyo’s Ginza in Spring 2019 Ahead of Olympic Games

  • Category:Spot
THE JAPAN NEWS
 
A new icon will join the Ginza landscape ahead of the 2020 Tokyo Olympics and Paralympics, as The Yomiuri Shimbun, Mitsui Fudosan Co. and other enterprises announced on Wednesday that a new commercial and hotel building complex will open in the Ginza 3-chome area in Chuo Ward, To...

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Japan's Inflation Ticks Up Again, But Spending Remains Weak

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's consumer prices rose for the fifth straight month in May, government data showed on Friday, but weak household spending underlined the challenges facing Tokyo's fight to rid the world's number three economy of deflation.
The country's prospects have been improving on...

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Sony To Restart Vinyl Record Production After Three-decade Hiatus

  • Category:Event
JAPAN TODAY
 
TOKYO - Sony Corp said Thursday it will resume production of vinyl records for the first time in three decades this fiscal year through next March as the format sees a resurgence in popularity.
The electronics maker halted production of records in 1989 as compact discs became the do...

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Factory Output Tumbles at Fastest Rate Since March 2011

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Reuters) — Japan’s industrial output fell faster in May than at any time since the devastating earthquake of March 2011 while inventories hit their highest in almost a year, suggesting a nascent economic recovery may stall before it gets properly started.
Household spendin...

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Japan Tobacco Tries to Catch Up With Rival in Vaping

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan Tobacco Inc said on Wednesday it hoped to catch up with Philip Morris International Inc in smokeless tobacco by expanding the number of smoke-free restaurants and public places that allow its vaping product.
Tobacco firms see Japan as a test ground for vaping products,...

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Toshiba Faces Grilling From Shareholders

  • Category:Event
THE JAPAN NEWS
 
CHIBA (Jiji Press) — Toshiba Corp. President Satoshi Tsunakawa directly apologized to shareholders on Wednesday for the company’s continuing failure to fix its fiscal 2016 earnings and a delay in sealing a contract to sell its Toshiba Memory Corp. unit.
“We deeply apologize for r...

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Nissan's Ghosn Was Paid Y1.1 Billion in FY 2016

  • Category:Other
JAPAN TODAY
 
TOKYO - Nissan Motor Co Chairman Carlos Ghosn was paid 1.10 billion yen in fiscal 2016, the largest remuneration package handed out since the automaker began disclosing such payments, the company said Tuesday.
His package, exceeding the 1 billion yen mark for the third straight year...

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Toshiba to Further Delay Financial Report

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Toshiba Corp. submitted to regulators on Friday a request to extend the deadline for presenting its fiscal 2016 financial report from the end of this month.
The Kanto Local Finance Bureau gave its approval for the application to reset the deadline to Aug. 10....

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Indonesia Considers Restricting Used Train Car Imports from Japan

  • Category:Event
THE JAPAN NEWS
 
JAKARTA — Moves to restrict imports of used Japanese train cars have surfaced in Indonesia, where Japan-built rolling stock is a mainstay of rail lines.
The Indonesian government began discussing restricting imports in response to calls for putting higher priority on domestic tra...

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