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Asahi Paying $7.7 Bil for AB InBev's East European Business

  • Category:Gourmet
JAPAN TODAY
 
TOKYO — Asahi Group said Tuesday it will pay $7.7 billion for AB InBev’s beer assets in five emerging European countries, its biggest-ever overseas deal as the Japanese brewer expands its presence in the continent.
The takeover—also the largest by a Japanese beer company—includes po...

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Sumitomo to Buy Europe's Top Banana Giant Fyffes

  • Category:Shopping
JAPAN TODAY
 
DUBLIN — Japanese conglomerate Sumitomo has agreed to buy European banana king Fyffes for 751 million euros in a takeover of one of Ireland’s biggest companies.
The Dublin-based fruit importer and distributor, best known for its Fyffes-branded bananas, accepted Sumitomo’s bid worth ...

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Suzuki Launches Full-hybrid Model of Solio Compact Car

  • Category:Driving
JAPAN TODAY
 
TOKYO — Suzuki Motor Corp has launched a full-hybrid car, which can run on electricity as an electric vehicle (EV).
Suzuki said the Solio compact car can travel up to about 2 km as an EV when its lithium-ion (Li-ion) battery is fully charged.
“It can run (on electricity) for about t...

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Texas Shinkansen Project Moves Forward with JR Tokai Support

  • Category:Driving
THE JAPAN NEWS
 
DALLAS (Jiji Press) — A private sector-led project to build a high-speed railway between Dallas and Houston is making headway, with technical support from Central Japan Railway Co., better known as JR Tokai, the operator of the Tokaido Shinkansen bullet train line linking Tokyo a...

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UNIQLO Appoints Japan's Youngest Everest Summiteer as Global Brand Ambassador

  • Category:Other
JAPAN TODAY
 
 
TOKYO — UNIQLO on Wednesday announced that it has appointed Marin Minamiya as its first female global brand ambassador. She was 19 when she reached the summit of Mt Everest in May this year—the youngest Japanese national to achieve this feat.
UNIQLO said it will continue to suppor...

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Ruling Bloc OK’s Hokuriku Shinkansen Extension

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — The ruling bloc has decided to adopt a plan to extend the Hokuriku Shinkansen line via Obama, Fukui Prefecture, and Kyoto, informed sources said Wednesday.
A subgroup of the project team of the ruling Liberal Democratic Party and its Komeito ally will draw up...

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Tokyo Wineries Raise Glass to Local Products, Communities

  • Category:Gourmet
THE JAPAN NEWS
 
Tokyo Winery is in a residential area of Nerima Ward, Tokyo. Miwa Echigoya, 40, a former vegetable wholesaler, began operating the winery by herself two years ago.
Impressed by the taste of vegetables from a local farm she visited while a wholesaler, she started making wine using...

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Caps On Overtime Don’t Worry 45% of Major Firms Surveyed

  • Category:Other
THE JAPAN NEWS
 
Major companies are divided over the introduction of upper limits on overtime hours, which is being discussed by the government as part of working-style reforms, a recent Yomiuri Shimbun survey showed.
According to the survey, 47 percent of major companies said they were concerne...

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Scandal-hit Mitsubishi Eyes Tripling Director's Pay

  • Category:Driving
JAPAN TODAY
 
TOKYO — Mitsubishi Motors wants to triple its directors’ pay as Nissan chief Carlos Ghosn gets set to take over as chairman at the automaker dented by a mileage-cheating scandal.
In a notice dated Nov 29, Mitsubishi said it would put a “restructuring of our executive compensation sy...

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Competition Heats Up For Online Malls

  • Category:Shopping
THE JAPAN NEWS
 
Competition in the online shopping market is intensifying.
Amazon Japan, which is rapidly growing in the domestic market, has since mid-November expanded the target areas of its Prime Now delivery service, which delivers orders within an hour of receiving them.
Rakuten, Inc. and ...

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