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Japan, U.K. Likely to Reaffirm Energy Cooperation at 2+2 Talks; 1st Economic 2+2 Talks Between the Countries

  • Category:Other
JAPAN NEWS
 
The Japanese and British governments are arranging to reaffirm the promotion of energy cooperation between the two countries at a ministerial economic dialogue, according to Japanese government sources.
It will be the first time for Japan and the United Kingdom to hold a two-plus-two...

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7-Eleven Shares Plunge On Reported Plan To Reject Takeover

  • Category:Other
JAPAN TODAY
 
Shares of the owner of 7-Eleven plunged on Tuesday after a report said the Japanese retailer plans to reject a multibillion-dollar takeover offer by Canada's Alimentation Couche-Tard (ACT).
Seven & i, which operates some 85,000 convenience stores worldwide, last year rebuffed an ACT...

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Prices Of 2,343 Food And Drink Products Going Up In March

  • Category:Shopping
JAPAN TODAY
 
The prices of more than 2,000 food and drink products will rise during March, research firm Teikoku Databank said.
According to a survey of 195 food manufacturers by Teikoku Databank, 2,343 items will cost more. The number of items that have increased in price this year has exceeded...

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Bandai Namco Cross Store Opens in New York; Customers Shop for Various Japanese Pop Culture Goods

  • Category:Other
JAPAN NEWS
 
Bandai Namco Holdings Inc. opened a Cross Store, which sells anime goods and other products, in Brooklyn, New York, on Friday.
It is the first Cross Store in North America and one of the largest retail stores in the United States for purchasing such goods.
Fans of Japanese anime were...

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Japan Rice Prices Remain High Despite Government Plans To Release Reserves

  • Category:Other
KYODO NEWS
 
Rice prices in Japan have remained high despite hopes that they would normalize after the government announced plans two weeks ago that it would release its stockpiles to curb the surge.
On Feb. 14, the government said it would release up to 210,000 tons of its stockpiled rice, to be...

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Fuji Media Tycoon Hieda Quits Adviser Panel Over TV Host Scandal

  • Category:Other
JAPAN TODAY
 
Longtime Fuji Media Holdings Inc executive Hisashi Hieda stepped down Thursday from the company's management advisory panel as its broadcasting unit remains under fire for its handling of a sexual misconduct scandal involving former TV host Masahiro Nakai.
The shakeup of the panel, ...

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Japan’s Nikkei Ends at 5-month Low as Chip Stocks Track Nvidia Slump

  • Category:Other
JAPAN NEWS
 
Japan’s Nikkei share average ended at a five-month low on Friday, as chip-related stocks tracked Nvidia’s sharp overnight declines, with Advantest tanking nearly 9%.
The Nikkei index fell below 37,000 for the first time since September 19 and hit a low of 36,840.12 in intraday trade....

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Japan Ruling Bloc Submits Modified Budget Bill to Diet

  • Category:Other
NIPPON
 
Japan's ruling coalition submitted a modified fiscal 2025 government budget bill to the House of Representatives, the lower chamber of the Diet, the country's parliament, on Friday.
The revised bill includes some 110 billion yen in additional spending to make high school education free, ...

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Seven & i Founding Family Gives Up on Management Buyout Plan; FamilyMart Owner Decides Not to Invest in Deal

  • Category:Other
JAPAN NEWS
 
Seven & i Holdings Co., the operator of the 7-Eleven convenience store chain, announced Thursday that the founding Ito family has told the company that it has been unable to secure funding for its proposed management buyout of the company.
MBOs are a method by which a company’s manag...

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Toyota Reshuffles Its Board, Adding Auditors And Outsiders

  • Category:Other
JAPAN TODAY
 
Toyota Motor Corp announced plans to restructure its board on Tuesday in what it described as an attempt to bring in more diverse views and give a larger roles to auditors.
Among six appointments is Christopher Reynolds, now an executive in the automaker’s North American operations....

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