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Toshiba, Western Digital Reach Broad Agreement On Chip Unit Sale

  • Category:Other
JAPAN TODAY
 
TOKYO - Toshiba Corp and Western Digital Corp reached a broad accord on the sale of the Japanese conglomerate's chip unit as the U.S. company has agreed to drop its legal actions, sources close to the matter said Monday.
Western Digital CEO Steve Milligan is currently visiting Japan...

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Convenience Stores Hire Foreigners to Tackle Labor Shortage

  • Category:Shopping
THE JAPAN NEWS
 
Facing a serious labor shortage, major convenience store operators are stepping up efforts to hire overseas students and homemakers with young children to work in their outlets.
In a bid to add overseas students to its workforce, Lawson, Inc. began conducting training courses in ...

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More People Apply for Labor Inspector Jobs After Dentsu Incident

  • Category:Event
JAPAN TODAY
 
TOKYO Japanese authorities have seen a rise in applicants for jobs as labor-standard inspectors in the wake of the death of a young female employee of the nation's top ad agency after working excessive overtime.
The karoshi (death from overwork) incident at Dentsu Inc in 2015 shocke...

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Japan Looks to Wood Pulp to Make Lighter Auto Parts

  • Category:Event
THE JAPAN NEWS
 
KYOTO (Reuters) — The global push among carmakers to make ever lighter vehicles is leading some auto suppliers in Japan to turn to what seems like an unlikely substitute for steel — wood.
Japanese researchers and auto component makers say a material made from wood pulp is just on...

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Japan Inflation Ticks up Again, But Chiefly Due to Energy Costs

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's consumer prices rose for the seventh straight month in July, but chiefly due to energy costs, government data showed Friday.
After stripping out the volatile cost of fresh food, the inflation rate came in at 0.5 percent, in line with market expectations, according to...

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Ikea Cuts Prices on 600 Furniture Items in Japan Amid Intense Competition

  • Category:Shopping
THE JAPAN NEWS
 
Ikea Japan K.K. on Thursday lowered the price of about 600 items sold in Japan to appeal to customers amid severe competition from rivals, including domestic home furnishings chain Nitori Holdings Co. and online competitors.
The products include tables, sofas and other popular go...

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Defense Ministry Seeks Record Y5.26 Tril Budget

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's defense ministry is set to ask for record defense spending of 5.26 trillion yen ($48.12 billion) for the year starting April 1, as it upgrades ballistic missile defenses against possible North Korean military action, according to a draft document seen by Reuters.
F
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Japan Tobacco Buying Philippine Cigarette Maker for $1 bil

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan Tobacco (JT) said Tuesday it would pay nearly $1 billion to buy Mighty Corp., the Philippines' number two cigarette firm, marking its second acquisition in Southeast Asia this month.
One of the world's biggest tobacco companies, whose global brands include Winston and ...

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100 Officials Set to be Added to Labor Inspection Offices

  • Category:Event
THE JAPAN NEWS
 
The government intends to add 100 labor standards inspectors — professional staff at the labor standards inspection offices — in the next fiscal year to cope with a chronic shortage of personnel who survey corporations when it aims to introduce regulations and penalties to limit ...

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Global Economy / How To Achieve Growth Amid Falling Population

  • Category:Event
THE JAPAN NEWS
 
With the population declining, is economic growth no longer possible? A pessimistic approach that gives up on growth is dangerous. We must face this grim reality and focus our efforts toward growth.
Sounding the alarm
“A rapidly aging population and a shrinking workforce mean the...

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