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Major Japanese Firms Expect FY2023 Net Profit To Rise 4% To Record High

  • Category:Other
JAPAN TODAY
 
Major Japanese companies are expected to see a 4.0 percent rise in combined net profit to 42.9 trillion yen this fiscal year, on course to log a record profit for the third consecutive year led by the auto sector, according to the latest tally by a securities house.
The projected pr...

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JAL Unveils Special Plane for Tokyo Disney Resort’s 40th Anniversary

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JAPAN NEWS
 
Japan Airlines unveiled Friday an aircraft specially painted to celebrate the 40th anniversary of Tokyo Disney Resort.
The colorfully decorated aircraft features Mickey Mouse, Minnie Mouse and other Disney characters in special costumes.
Since the opening of the Tokyo Disneyland them...

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In Japan, You Can Pay A Startup $144 To Quit Your Job On Your Behalf

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BUSINESS INSIDER
 
 Japanese startup Exit will quit your job and confront your boss for you for $144.Employers "try to make you ashamed and guilty that you quit your job in less than three years," the cofounder told Al Jazeera.Japanese culture — with deep-rooted practices for lifetime employment ...

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Japanese Smartphones Struggling for Survival

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NIPPON
 
The presence of Japanese-made smartphones keeps shrinking amid fierce competition with foreign rivals.
Trounced by U.S. technology giant Apple Inc.'s iPhones in terms of performance and pressured by inexpensive products of other foreign makers, a number of domestic firms have pulled the ...

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Toshiba Recommends Shareholders Accept ¥2 Tril Buyout Offer

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JAPAN TODAY
 
Toshiba Corp said Thursday it decided to recommend its shareholders sell their holdings in a 2 trillion yen tender offer by a consortium led by Japan Industrial Partners Inc, a major step toward the planned privatization of the struggling tech giant.
The conglomerate voted at a boar...

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Japan's Isuzu Says No Plans To Relocate Factory From Thailand To Indonesia

  • Category:Tourism
REUTERS
 
Japanese truck maker Isuzu Motors (7202.T) said on Thursday it was not planning to move a factory to Indonesia from Thailand, a day after the Indonesian industry minister signalled it would.
"While our company continues to focus on Indonesia as a major market, there are no plans to relo...

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Warner Music Japan Strikes Strategic Partnership With Creative House LAND

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MUSIC BUSINESS WORLDWIDE
 
Warner Music Japan has agreed a strategic partnership with LAND, a creative house based in Jakarta, Los Angeles and Tokyo, known, according to Warner, for its work with “world-class” artists.  
 
The deal will see LAND produce music involving collaborations with promine...

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Japan Wages Rise After Labour Talks But Weak Consumption Drags On Economy

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CNA
 
Japan's wages rose in April as major companies lifted pay at the fastest pace in three decades on workers' increased demands for salaries to keep up with inflation, but households' spending remained weak and underlined a patchy economic recovery.
The April wage data provides an early glimps...

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Japan’s Yen Is Weakening Again, Prompting Talk Of Another Intervention Worth Billions Of Dollars

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CNBC
 
Key PointsThe Japanese yen traded just north of 140 against the U.S. dollar on Monday, after the currency breached that level at the end of last month for the first time since November.Last year, Japan’s Finance Ministry intervened to prop up the yen on three separate days: Sept. 22, Oct. ...

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Nikkei Jumps To 33-Year High On U.S. Stock Surge, Robust Jobs Data

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JAPAN TODAY
 
Tokyo stocks closed Monday at 33-year highs as investor sentiment was boosted by a surge in U.S. stocks late last week and robust jobs data for May.
The 225-issue Nikkei Stock Average ended up 693.21 points, or 2.20 percent, from Friday at 32,217.43, its highest close since July 20,...

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