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Sony Eyes Factory Expansion In Kumamoto, Aiming To Grow Image-Sensor Business

  • Category:Other
JAPAN TIMES
 
Sony Group plans to buy more land near its image sensor factory in Kumamoto Prefecture, aiming to expand its market share in the growing business of powering camera smartphones.
The Tokyo-based company, which supplies devices including Apple’s iPhones, said Thursday it’s in talks to...

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Japan Manufacturers' Mood Turns Positive As Economy Recovers

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CNA
 
Business sentiment at big Japanese manufacturers turned positive for the first time this year and service-sector morale hit a five-month high, the Reuters Tankan poll showed, as the economy continued to improve from a COVID-led recession.
Wednesday's monthly poll, which tracks the Bank of J...

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Japan's Factory Activity Expands For First Time In 7 Months- PMI

  • Category:Other
CNA
 
Japan's manufacturing activity expanded for the first time in seven months in May, while the service-sector hit record growth, a survey showed on Tuesday, as the post-COVID recovery shored up business conditions.
The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) r...

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Asian Stocks Fall After More U.S. Debt Talks Fail To Break Impasse

  • Category:Other
JAPAN TODAY
 
Asian stock markets were mixed Tuesday after more talks in Washington on government debt ended with no deal to avoid a potentially jarring default.
Shanghai, Tokyo and Hong Kong sank. Oil prices rose.
Wall Street's benchmark S&P 500 index edged up less than 0.1% on Monday as Congres...

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Japan Eyes Revamping Tax-Free Shopping Rule To Stem Illicit Resale

  • Category:Other
KYODO NEWS
 
Japan is considering overhauling its tax-free shopping scheme for foreign visitors in response to a growing number of cases of tax-free items being resold overseas for profit at tax-inclusive prices, sources close to the matter said Monday.
At present, visitors who stay in Japan for ...

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Japan’s Closely Watched Core Machinery Orders Fall 3.9% in March

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JAPAN NEWS
 
Japan’s seasonally adjusted core machinery orders in March fell 3.9% from the previous month, the Cabinet Office said Monday.
Private-sector orders excluding those for ships and power equipment, closely watched as a leading indicator of corporate capital spending, came to ¥852.9 bill...

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Toyota Discloses Improper Crash Tests at Daihatsu Subsidiary

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JAPAN NEWS
 
Toyota has found improper crash tests for a model and suspended shipments, in the latest in a series of embarrassing woes plaguing Japan’s top automaker.
The latest problem, disclosed late Friday, affects 56,111 Toyota Raize hybrid vehicles produced by Daihatsu Motor Co., a manufactu...

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Japan Racks Up Trade Deficit Although Exports Gradually Rebound

  • Category:Other
AP NEWS
 
TOKYO (AP) — Japan racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered, according to government data released Thursday.
Japan’s trade deficit totaled 432.4 billion yen ($3.2 billi...

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Mizuho Financial Group Plans to Add 1,600 Staff to Strengthen System Support

  • Category:Other
JAPAN NEWS
 
Mizuho Financial Group Inc. plans to strengthen system support by adding about 1,600 employees to its internal control section over the next three years, according to sources close to the firm.
Meanwhile, the firm also plans to reduce the number of staff doing clerical work at bank b...

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Toyota's Full-Year Net Profit Beats Forecast

  • Category:Other
JAPAN TODAY
 
Top-selling automaker Toyota Motor C0rp said Wednesday that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease.
The Japanese firm reported 2.45 trillion yen in net profit for the fiscal year, down 14 ...

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