JAPAN TODAY
 
Honda Motor Co and Nissan Motor Co say they will unveil the details of their merger plan in mid-February, having originally announced they would do so by the end of January.
Honda and Nissan, Japan's second- and third-largest carmakers by volume, said they are still discussing the f...

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KYODO NEWS
 
Overnight stays at accommodation facilities in Japan by Japanese and foreign travelers rose 5.5 percent in 2024 from the previous year to a record 651.49 million, preliminary government data showed Friday.
The growth was largely driven by foreign visitors, whose stays at hotels and J...

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JAPAN TIMES
 
 
Rakuten Group said it no longer plans to list its securities arm on the Tokyo Stock Exchange, and will instead focus on deepening its partnership with Mizuho Securities.
The Japanese e-commerce pioneer had planned an initial public offering for Rakuten Securities Holdings, part of...

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JAPAN TODAY
 
Toyota Motor Corp group sold more cars than any other automaker for the fifth consecutive year in 2024 while China's fast-growing BYD Co surpassed Honda Motor Co, Nissan Motor Co and Suzuki Motor Corp in vehicle sales for the first time, industry data showed Thursday.
Toyota group, ...

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JAPAN NEWS
 
Fuji Media Holdings, Inc. on Thursday revised down its net profit forecast by 66.2% to ¥9.8 billion for the fiscal year ending in March 2025, due to many television commercials having been suspended.
The suspensions came after Fuji Television Network, Inc., a subsidiary of Fuji Media...

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JAPAN TODAY
 
Nissan Motor Corp is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability.
The move is part of Nissan’s plans, announced two months ago, to slash 9,000 jobs globally, includ...

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AIR CARGO NEWS
 
DHL Express has signed a deal for the purchase of over 7m litres of sustainable aviation fuel (SAF) a year to help cut emissions from airfreight originating in Japan.
The deal with Cosmo Oil Marketing Co., Ltd. represents an annual purchase of 7.2m litres of SAF, which DHL Expres...

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JAPAN NEWS
 
In response to the rising price of rice, retailers, restaurant chains and food-product manufacturers are taking steps to deal with the situation.
They are trying to absorb the costs by increasing the prices of onigiri rice balls, boxed lunches and processed rice products, as well as ...

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JAPAN TODAY
 
 
 
Department store sales in Japan in 2024 totaled 5.75 trillion yen, surpassing the pre-coronavirus pandemic levels of 2019 amid inbound tourism boom, data by an industry body showed Friday.
Sales on a same-store basis increased 6.8 percent from 2023, marking the fourth consecutiv...

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CNN
 
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
The decision marks its first rate hike since July last year and comes days after the inau...

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