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Promissory Note Maturity Date to be Shortened by Half; Government to Revise Regulations for First Time in 60 Years

  • Category:Other
JAPAN NEWS
 
The government will revise the regulations governing promissory notes related to subcontractors, tightening the maturity date from 120 days to 60 days in principle. It is the first revision of its kind in about 60 years.
Large companies often defer payments to small and medium-sized ...

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Japan Diversifying Seafood Export Destinations After China Ban

  • Category:Gourmet
KYODO NEWS
 
Faced with China's ban on Japanese marine product imports, sparked by the release of treated water from the crippled Fukushima nuclear plant, Japan's fisheries industry has been casting a wider net, seeking new export destinations to reduce its dependency on the world's second-larges...

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Proposed Recycling Rules in EU Could Effectively Cause Ban on Japanese Sake Imports

  • Category:Other
JAPAN NEWS
 
Japanese sake makers are facing a potential ban on imports into the European Union from 2030, when proposed EU regulations requiring the reuse and recycling of bottles and cans is planned to take effect.
The problem stems from the logistical issues of collecting and washing uniquely ...

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Tokyo Stock Market Reaches Uncharted Territory, But Where To Next?

  • Category:Other
JAPAN TODAY
 
Investor confidence borne from record corporate profits and the prospect of Japan putting its painful period of deflation behind it, helped by companies focusing on improving shareholder returns, all drove the Nikkei stock index to its all-time high.
But analysts believe the market ...

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Japanese Advertising Giant Hakuhodo Launches Trigger Happy Studios in India

  • Category:Other
VARIETY
 
Tokyo-based global advertising giant Hakuhodo Inc. is further expanding its India footprint.
A year after acquiring a majority stake in leading Indian brand and entertainment agency group, MA&TH (Marching Ants & Trigger Happy) Entertainment Network Private Limited, Hakuhodo is launching...

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Skechers Launches New High-tech Distribution Center in Tokyo, Japan

  • Category:Other
FOOTWEAR NEWS
 
Skechers is launching a brand new distribution center in Minato City, Tokyo, Japan that is outfitted with technology to help automate the fulfillment process.
The new center was built with technology from Hai Robotics, an automated storage and retrieval systems provider, as well a...

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JAL Flies 1st Freighter In 13 Years Amid High Online Shopping Demand

  • Category:Other
JAPAN TODAY
 
Japan Airlines Co on Monday began flying a cargo plane for the first time in more than 13 years, as the company hopes to tap into growing demand for online shopping worldwide following the coronavirus pandemic.
JAL's dedicated cargo aircraft service is offered in partnership with a ...

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Japan Core Machinery Orders Up 2.7% in December

  • Category:Other
JAPAN NEWS
 
Japan’s seasonally adjusted core machinery orders in December 2023 rose 2.7% from the previous month, up for the first time in two months, driven by brisk demand from manufacturers including chemical makers, the Cabinet Office said Monday.
Private-sector orders excluding those for sh...

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Rakuten Logs Second-Largest Annual Net Loss

  • Category:Other
JAPAN TIMES
 
 
Rakuten Group on Wednesday reported a group net loss of ¥339.4 billion for the year through December, its second-largest annual loss ever, as its mobile phone operations continued to struggle.
The Japanese cybermall and mobile phone company incurred a net loss for the fifth straig...

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Japan Oks Bill To Ease Burden On Truck Drivers Amid Labor Shortage

  • Category:Other
JAPAN TODAY
 
The Japanese government approved Tuesday a bill to improve labor conditions for truck drivers, promoting better pay and implementing measures to reduce hours worked in response to the labor shortage in the logistics industry.
The law will require prime contractors to keep documentat...

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