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Oma Tuna Fetches ¥36.04 Mil. At New Year’s Auction In Tokyo

  • Category:Shopping
JAPAN NEWS
 
A 212-kilogram bluefin tuna caught off Oma, Aomori Prefecture, sold for ¥36.04 million in the first auction of the year at the Toyosu seafood market in Tokyo on Thursday.
The bid was significantly higher than the top price paid in 2021 or 2022, when demand for tuna in the food servic...

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Japan Marks 1st Business Day Of The Year

  • Category:Other
JAPAN TODAY
 
Japan's central and local governments, alongside many businesses, marked the year's first day of work Wednesday as the country refrained from implementing travel restrictions despite a rise in the number of COVID-19 cases.
"Everyone is exhausted from working for about three years on...

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Customers Return To Department Stores In Droves For New Year’s Sales

  • Category:Shopping
JAPAN NEWS
 
With freedom of movement no longer restricted due to COVID-19, department stores were as busy as in pre-pandemic years when their annual New Year’s sales started Monday, packed with people shopping for fukubukuro lucky bags and other items.
About 2,500 people lined up in front of Mat...

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Yen Set For Turnaround In 2023 After Slide To 32-Year Low Against Dollar

  • Category:Other
JAPAN TODAY
 
The yen is set to gain ground in 2023 in a sharp turnaround from a plunge to a 32-year low against the U.S. dollar, keeping Tokyo stocks subdued coupled with a gloomy global economic outlook.
The Japanese currency is expected to rise toward 120 yen against the dollar from its curren...

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Japan Start-Up Seeks To Expand Abroad With Exoskeleton Business

  • Category:Other
KYODO NEWS
 
A start-up founded by a researcher at Tokyo University of Science that developed a wearable exoskeleton to support heavy lifting is hoping to make further inroads overseas in nations that have aging populations like Japan.
Set up by Hiroshi Kobayashi, a professor at the university, i...

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Apple Japan Charged ¥14 Billion In Back Taxes

  • Category:Other
JAPAN NEWS
 
Tax authorities have charged Apple Japan about ¥14 billion in back taxes over sales of iPhones and other devices that were incorrectly exempted from consumption tax for two years through Sept. 30, 2021, it has been learned.
According to sources, the Tokyo Regional Taxation Bureau con...

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Prices Set To Rise In Japan For Over 7,000 Food Items On Cost Hike

  • Category:Shopping
JAPAN TODAY
 
Food prices will continue to surge in Japan in the first four months of 2023, with those of more than 7,000 items set to climb on the back of rising logistics and personnel, as well as high material costs, according to a recent survey by the credit research company.
Prices for a tot...

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Japan’s Per-Capita GDP Falls To 20th In OECD

  • Category:Other
JAPAN NEWS
 
Japan placed 20th in terms of per-capita gross domestic product among the member countries of the Organization for Economic Cooperation and Development, the Cabinet Office has said.
Japan fell from the previous year’s 19th position, overtaken by France.
Japan’s per-capita nominal GDP...

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Winter Bonuses At Japanese Firms See Sharpest Increase In 40 Years

  • Category:Other
JAPAN TODAY
 
The average winter bonus at large Japanese companies marked the sharpest increase of 8.92 percent from a year earlier to 894,179 yen since the current calculation method was adopted in 1981, the country's most powerful business lobby said Thursday.
The Japan Business Federation, kno...

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Cost Of Living: Japan's Inflation Hits A 41-Year High

  • Category:Other
BBC
 
 
Japan's core consumer price inflation edged up to 3.7% in November, the highest it has been since 1981.
That was when a Middle East crisis disrupted oil production and caused energy prices to soar.
But after decades of the country trying to boost inflation, Japanese consumers are now expe...

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