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Potential Violations Seen In 12,836 Kampo Contracts

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Japan Post Holdings Co. President Masatsugu Nagato suggested Wednesday that he will consider stepping down from the post to take responsibility for improper sales practices for “Kampo” insurance products of subsidiary Japan Post Insurance Co..
“The whole mana...

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Japan Post CEO May Resign After 12,836 Improper Insurance Sales Uncovered

  • Category:Other
JAPAN TODAY
 
TOKYO - The top executive of Japan Post Holdings Co said Wednesday he is considering resigning in the wake of a probe that uncovered more than 12,000 cases of suspected improper sales of insurance products at two subsidiaries in the five years through March 2019.
"Regarding manageme...

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Japan Raises Economic Growth Forecast For Next Fiscal Year

  • Category:Other
MANILA BUSINESS
 
TOKYO – Japan’s government raised its economic growth forecast for the next fiscal year, helped by an expected boost from a $122 billion fiscal package that would help cushion the hit from weaker global demand.
he economy is now expected to expand 1.4% in price-adjusted real ter...

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Fujifilm To Acquire Hitachi's Diagnostic Imaging Equipment Business

  • Category:Other
JAPAN TIMES
 
Fujifilm Holdings Corp. announced Wednesday it will acquire Hitachi Ltd.’s diagnostic imaging equipment business for about ¥170 billion.
The move comes as Fujifilm is strengthening its medical-related businesses, while Hitachi has been seeking to sell the imaging equipment business ...

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Japan's Suntory Eyes Growth, Starts Selling First Whiskey Blended In India

  • Category:Gourmet
BUSINESS STANDARD
 
Suntory, which already sells whisky in India including from its subsidiary Beam Suntory, would begin selling a new product which uses imported whisky blended in India, a spokeswoman said.
Japanese beverage maker Suntory said on Monday it would begin selling its first whisky bl...

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Typhoon-Hit Strawberry Growers Battling Back In Tochigi Pref.

  • Category:Other
THE JAPAN NEWS
 
Tochigi Prefecture is the biggest strawberry producer in Japan, and farmers there are working at a fever pitch to prepare for the Christmas season.
When Typhoon No. 19 hit in October, it flooded the Omoi River that runs through Kanuma, one of the main production areas. Some green...

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JR East Unveils Luxury Saphir Odoriko Express With All First-Class Seating

  • Category:Other
JAPAN TODAY
 
TOKYO - East Japan Railway Co unveiled to the media its new luxury express train Saphir Odoriko on Monday ahead of its launch on March 14 between Tokyo and a spa resort area in central Japan.
The eight-car train with all first-class seating is named after the French word for sapphir...

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Japan's Extended Fall In Machinery Orders Bodes Ill For Business Spending

  • Category:Other
JAPAN TIMES
 
Machinery orders sank again in October in a fresh sign that business spending, previously one of the few points of strength in the world’s third-largest economy, is stalling as slumping exports bruise investment appetite.
Core machinery orders fell 6.0 percent in October from the pr...

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Seven-Eleven Japan To Close 50 Tokyo Stores For New Year's Day To Save Labor

  • Category:Other
THE MAINICHI
 
TOKYO -- Seven-Eleven Japan Co. announced on Dec. 11 that it will close about 50 outlets in the capital for New Year's Day as part of a work-reduction experiment.
The major convenience store chain decided on the move after receiving requests from some owners of its franchise stores...

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Japan Big Manufacturers' Business Mood Sours To Over Six-Year Low: BOJ Tankan

  • Category:Other
THE GUARDIAN
 
TOKYO (Reuters) - Japanese big manufacturers' business mood was at its bleakest in nearly seven years in the fourth quarter, a closely watched central bank survey showed, as the U.S.-China trade war and soft global demand weighed on the export-reliant economy.
Non-manufacturers' bu...

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