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Cash Registers to Have Cash Withdrawal Capability From April 2018

  • Category:Other
JAPAN TODAY
 
TOKYO - Some supermarkets and department stores in Japan will have the ability to offer a "cash out" service from April 2018, according to a banking industry body promoting electronic payments.
Cash register operators will be able to offer the service, widely available around the wo...

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Japanese Shipbuilders Plan Reforms to Weather Losses

  • Category:Event
THE JAPAN NEWS
 
Major shipbuilding companies are implementing structural reforms, such as scaling down unprofitable businesses and launching tie-ups with other companies to reduce costs.
This has been prompted by worsened business performance, with orders for ships having decreased worldwide and...

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UNIQLO Fast Retailing Profit Increases as Chain Expands Overseas

  • Category:Shopping
JAPAN TIMES
 
Uniqlo operator Fast Retailing Co.’s second-quarter profit surged as Asia’s largest clothing chain accelerated its overseas expansion.
Operating income gained about 80 percent to ¥42.1 billion in the three months through February, based on first-half earnings the clothing retailer r...

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Fast Retailing plans to use AI for business reform

  • Category:Shopping
THE JAPAN NEWS
 
Tadashi Yanai, chairman and president of Fast Retailing Co., which operates the Uniqlo clothing store chain, revealed a plan to use artificial intelligence to drastically reform the company’s product development, during an interview with The Yomiuri Shimbun on March 17.
Yanai wil...

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Toyota Prius Top Seller in FY2016 For 1st Time in 5 Years

  • Category:Other
JAPAN TODAY
 
TOKYO — Toyota Motor Corp’s Prius hybrid was the best-selling car in Japan in fiscal 2016, topping the sales list for the first time in five years, data released by industry bodies showed Thursday.
For the year through March 31, the Prius sold 225,066 units, up 44.3% from a year ear...

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Company Heads Urge Hires to Seek Challenges

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Companies across Japan held welcome ceremonies for their new employees on Monday, the first business day of fiscal 2017, with many top executives encouraging young workers to take on new challenges amid the changing business environment.
“Your mission is to c...

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Uniqlo Would Pull U.S. Stores If Told to Build Plant

  • Category:Shopping
THE JAPAN NEWS
 
NEW YORK (Jiji Press) — A border adjustment tax planned by the administration of U.S. President Donald Trump will not benefit U.S. consumers, Tadashi Yanai, chief of Fast Retailing Co., the operator of the Uniqlo casual wear chain, said in an interview in New York on Wednesday.
A...

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New Auto Sales Back at 5 mil. Level in FY16

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — New automobile sales in Japan in fiscal 2016 rebounded to top 5 million units for the first time in two years, industry data showed Monday.
In the fiscal year, which ended on Friday, sales of new vehicles, including mini-vehicles with an engine displacement o...

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Manufacturers' Business Confidence Rises for 2nd Straight Quarter

  • Category:Event
JAPAN TODAY
 
TOKYO — Confidence among Japan’s biggest manufacturers has risen for the second straight quarter, a key central bank survey showed Monday, a welcome boost for the world’s third-largest economy.
The report comes after a batch of government data on Friday showed inflation and factory ...

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Double-decker Shinkansen Series to End Service

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Japan’s only existing double-decker Shinkansen bullet train series is set to end its service by the March 2021 end of fiscal 2020.
East Japan Railway Co., or JR East, said Tuesday that it will replace its E4 series double-decker trains on the Joetsu Shinkanse...

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