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Phone Carrier Price War Stifled

  • Category:Other
THE JAPAN NEWS
 
By Katsutoshi Samata / Yomiuri Shimbun Staff Writer
A directive issued by the communications ministry on Tuesday to two of the nation’s major mobile phone carriers over excessive discounts highlights the difficulty of encouraging the firms to rectify their business practices in a...

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IoT Revolution On Horizon For Business, Private Life

  • Category:Other
THE JAPAN NEWS
 
By Daisuke Ichikawa and Yu Komagata / Yomiuri Shimbun Staff Writers
The Internet of Things, or IoT (see below), which connects various objects through the Internet, will make family life more convenient and production in factories more efficient. This new market has brought busin...

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2 Years After Tax Hike, Buying Still Weak

  • Category:Driving
THE JAPAN NEWS
 
By Sachio Nikaido / Yomiuri Shimbun Staff Writer
Friday marked two years since the consumption tax rate was increased from 5 percent to 8 percent, and individual consumption remains in the doldrums as the prices of many daily items rise while shoppers maintain a frugal mindset.
A...

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Power Retail Market Opened for Competition

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Japan’s electricity retail business was fully liberalized on Friday, a landmark reform initiative to crack open an ¥8-trillion market that had been controlled by regional power monopolies for 65 years.
With the start of the new fiscal year, a total of 266 com...

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40 mil. Visitors Eyed by 2020

  • Category:Tourism
THE JAPAN NEWS
 
Jiji Press
TOKYO (Jiji Press) — The government said Wednesday it aims to double the annual number of foreign visitors to Japan to 40 million in 2020 from the current 20 million.
The new target was included in a vision compiled by a panel on tourism policy, chaired by Prime Minist...

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Takata Shares Plunge 20% On 'Worst Case' Airbag Recall Costs

  • Category:Other
JAPAN TODAY
 
TOKYO — Takata’s shares plunged 20% in Tokyo Wednesday, after Bloomberg News said the embattled Japanese airbag supplier’s recall-related costs could come in as high as $24 billion.
Citing a person familiar with the matter, Bloomberg said the company estimated the “worst case” scena...

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Japan Spending Gets Leap Year Boost, But Broader Outlook Dim

  • Category:Other
JAPAN TODAY
 
TOKYO — Spending by Japanese families increased in February for the first time in six months, government data showed Tuesday, but analysts said the rare good news for Prime Minister Shinzo Abe is likely to be short-lived.
Abe came to power in December 2012 vowing to rejuvenate the w...

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Nissan Aims to Increase EV Range

  • Category:Driving
THE JAPAN NEWS
 
By Minoru Akita / Yomiuri Shimbun Staff Writer
Nissan’s unique partnership, formed in 1999, with Renault of France has strengthened both companies. A key aspect of the Renault-Nissan Alliance is that they work together on an equal footing, especially as Nissan strives to expand i...

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Hokkaido Shinkansen Goes Into Service With Fanfare

  • Category:Other
THE JAPAN NEWS
 
Jiji Press
HOKUTO, Hokkaido (Jiji Press) — Hokkaido Railway Co., or JR Hokkaido, opened its Shinkansen high-speed railway line for services on Saturday, with Shinkansen bullet trains connecting Honshu and Hokkaido underneath the Tsugaru Strait for the first time ever.
This opened...

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Government Eyes Tighter Rule to Restrict Long Overtime Work

  • Category:Other
JAPAN TODAY
 
TOKYO — The Japanese government is considering setting an upper limit to the length of overtime work allowed under the labor standards law as part of its efforts to reform the nation’s labor system.
In Japan, companies can ask employees to work overtime once they form a labor-manage...

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