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Already In Decline, Japan’s Pachinko Industry Now Braces for Gambling-Addiction Regulations

  • Category:Other
JAPAN TIMES
 
Like many pachinko parlors throughout Japan, Naomi Suzuki’s establishment on the outskirts of the city of Fukushima was once full of energy, with the din of bouncing steel balls and garish lights flashing to indicate winnings.
But business is quieter for her these days as her parlor...

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Nintendo’s Software Sales Help Bolster Profits in 2nd Quarter

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Nintendo Co. reported quarterly earnings that topped estimates, as higher software sales online made up for weaker shipments of the Switch console.
Operating profit was ¥30.5 billion in the June quarter, compared with analysts’ average projection for ¥25.6 bil...

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Japanese Airlines Report Sluggish Profits on Higher Fuel Costs

  • Category:Other
JAPAN TODAY
 
TOKYO - Major Japanese carriers All Nippon Airways (ANA) and Japan Airlines (JAL) on Tuesday reported sluggish April-June profits as fuel costs weighed despite higher revenues.
Both airlines left their full-year guidances unchanged, bracing for annual profit drops.
ANA Holdings said...

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Kaizen Crisis ; Two More Illustrious Japanese Firms Admit to Falsifying Quality Data

  • Category:Other
THE ECONOMIST
 
AKIO MORITA, co-founder of Sony, liked to recall his first trip to Germany in 1953, when a waiter stuck a small paper parasol in his ice-cream and sneered: “This is from your country.” Like many of his post-war compatriots, Mr Morita was ashamed that Japan was known for shoddy goo...

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Global Economy / Japan Competing With Asia For Labor

  • Category:Tourism
THE JAPAN NEWS
 
How should Japan respond to labor shortages resulting from a declining population and graying society? Utilizing foreign workers is one of the government’s strategies. However, economic growth and declining populations are also expected throughout Asia. It appears doubtful that t...

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JOGMEC Suffers ¥160 bil. In Losses

  • Category:Event
THE JAPAN NEWS
 
Twenty-three natural resource exploration and development companies, in which a government-affiliated body has invested, have given up on their development plans in the initial stage, according to a survey conducted by the Board of Audit.
The Japan Oil, Gas and Metals National Co...

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Nissan Profits Fall on Rising Costs, Forex Woes

  • Category:Other
JAPAN TODAY
 
TOKYO - Japanese automaker Nissan reported a drop in first quarter profits Thursday, under pressure from rising material costs and a higher yen.
Nissan said sales were up in China in the three months to June, but fell in North America and Europe.
The firm's quarterly net profit in t...

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Together With Indian Startup Paytm, SoftBank Plans To Create Mobile Payment Service in Japan By Year-end

  • Category:Event
JAPAN TIMES
 
 
 
BANGALORE, INDIA – SoftBank Group Corp. plans to announce within days that it will start a mobile digital payments service in Japan by the end of 2018, as billionaire founder Masayoshi Son seeks to expand in the sector, people familiar with the matter said.
The service, a collab...

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Toyota to Offer 3,000 Vehicles For 2020 Tokyo Games

  • Category:Driving
THE JAPAN NEWS
 
NAGOYA (Jiji Press) — Toyota Motor Corp. has said that it will provide more than 3,000 automobiles, including fuel cell vehicles and electric vehicles, for official use at the 2020 Tokyo Olympics and Paralympics.
Among them, the leading Japanese automaker will supply the Mirai, a...

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Green Light for Casinos Offers Jackpot to Japanese Companies

  • Category:Event
JAPAN TIMES
 
Let the competition begin.
Now that Japan has enacted a law outlining a road map for casino resorts, foreign operators from Las Vegas Sands Corp. to MGM Resorts International can start to seek out partners in their bid to tap a gaming market that may be worth as much as $25 billion....

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