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Japan Department Store Sales In 2024 Top Pre-Pandemic Levels Of 2019

  • Category:Other
JAPAN TODAY
 
 
 
Department store sales in Japan in 2024 totaled 5.75 trillion yen, surpassing the pre-coronavirus pandemic levels of 2019 amid inbound tourism boom, data by an industry body showed Friday.
Sales on a same-store basis increased 6.8 percent from 2023, marking the fourth consecutiv...

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Japan Raises Interest Rates To Highest Level In 17 Years

  • Category:Other
CNN
 
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
The decision marks its first rate hike since July last year and comes days after the inau...

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Tomica Miniature Car for Adults to be Released on 55th Anniversary of Toy Car’s First Appearance; Major Auto Makers to Collaborate

  • Category:Event
JAPAN NEWS
 
To commemorate the 55th anniversary of the tomica miniature car, Tomy Co. announced on Tuesday that it would release products for adults in cooperation with five automobile manufacturers including Toyota Motor Corp. and Nissan Motor Co.
The models will be specially designed by automo...

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Japan's Exports Hit Record High In 2024, But Trade Deficit Continues

  • Category:Driving
JAPAN TODAY
 
Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year, the Finance Ministry reported Thursday.
The trade deficit, which measures the value of exports minus imports, totaled 5.3 trillion yen, according to government data, as imports ...

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Japan 2024 Convenience Stores Sales At Record High On Inbound Tourism

  • Category:Other
JAPAN TODAY
 
Sales from seven major Japanese convenience store chains hit a record high of 11.8 trillion yen in 2024, bolstered by inbound tourism and demand for readily consumable snacks and drinks, data by a Japanese franchising authority showed Monday.
The sales were up 1.2 percent from the p...

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Fuji TV Eyes 3rd-Party Panel to Look into Masahiro Nakai Case; Dozens of Companies have Canceled Their Ads

  • Category:Other
JAPAN NEWS
 
Fuji Television Network, Inc. is considering establishing a third-party committee based on the guidelines of the Japan Federation of Bar Associations to investigate the facts regarding a scandal involving television personality Masahiro Nakai, 52, and a woman, according to sources. T...

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"Shunto" Spring Wage Talks Kick Off in Japan

  • Category:Other
NIPPON
 
The Japan Business Federation, or Keidanren, and the Japanese Trade Union Confederation, or Rengo, held a meeting of their leaders Wednesday, effectively starting this year's "shunto" spring wage talks.
Keidanren Chairman Masakazu Tokura and Rengo President Tomoko Yoshino agreed that it ...

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Many Major Japanese Firms Pulling Commercials From Scandal-Hit Fuji TV

  • Category:Other
JAPAN TODAY
 
Many major Japanese companies said Monday they are suspending commercials on Fuji Television Network Inc, as the broadcaster faces scrutiny over its alleged involvement in a misconduct scandal involving Masahiro Nakai, a male member of the now-defunct popular idol group SMAP.
Nissan...

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Bank Of Japan Poised To Raise Rates To Highest In 17 Years

  • Category:Other
REUTERS
 
The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis.
A tightening in policy would undersco...

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Suzuki Aims to Expand Car Exports from India; Annual Production Capacity to Rise to 4 Million Units by FY30

  • Category:Other
JAPAN NEWS
 
Suzuki Motor Corp. plans to expand exports of its passenger cars from India to Japan, Europe, Southeast Asia and other regions, President Toshihiro Suzuki has said.
“We will take advantage of the economies of scale in India and use this country as an export base,” Suzuki said at a pr...

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