Business News On Japan
Updated: 2 min 42 sec ago
May 6, 2024 - 12:28
A Japanese sake brewery behind the Japanese sake brand "BON," plans to release vintage sake aged for over 10 years around autumn 2024. By aging their sake and labelling it as vintage, the company aims to enhance its rarity and add value. (News On Japan)
May 5, 2024 - 17:23
In a survey conducted by a major life insurance company to coincide with Children's Day on May 5th, it was revealed that over half of the respondents felt uneasy about saving for their children’s education.
(News On Japan)
May 4, 2024 - 10:18
Sony Pictures Entertainment, under the Sony Group, in partnership with an American investment firm, has proposed a joint acquisition of the U.S. media giant Paramount Global for approximately 4 trillion yen ($26 billion), as reported by multiple American media sources. (News On Japan)
May 4, 2024 - 10:09
Nippon Steel has announced a postponement of its acquisition timeline for major American steel manufacturer U.S. Steel, from the end of September to the end of December. (News On Japan)
May 3, 2024 - 19:03
As harsh summer heat is expected nationwide, applications for insurance against the risk of heatstroke have surged, reaching approximately 4,000 in just one week since sales began. (News On Japan)
May 3, 2024 - 15:47
A new cruise ship terminal has been completed at Tempozan in Osaka, and it was unveiled to the press on May 2nd. (News On Japan)
May 3, 2024 - 05:33
A consortium led by Mitsui Fudosan, selected to redevelop the former Tsukiji Market site, revealed at a press conference held in Tokyo on May 1st, plans to invest 900 billion yen in creating a multi-purpose stadium capable of accommodating 50,000 people. (News On Japan)
May 2, 2024 - 13:08
The Nikkei average stock price fell on May 1st due to concerns that the start of US rate cuts might be delayed. In the morning, the decline exceeded 300 yen at one point. (News On Japan)
May 2, 2024 - 12:48
As demand for sake rebounds both domestically and internationally, a major shortage of sake bottles has prompted a leading food wholesaler to begin selling the beverage in cans instead of bottles. (News On Japan)
May 1, 2024 - 23:19
A large-scale commercial facility, boasting about 50 stores from shopping to lodging and operating entirely cashless, has opened in Kishiwada City, Osaka Prefecture. (News On Japan)
May 1, 2024 - 22:58
May 1st marks the celebration of the international labor movement known as May Day. In Osaka, a rally was held where attendees called for the extension of recent substantial wage increases to small and medium-sized enterprises (SMEs) as well. (News On Japan)
May 1, 2024 - 19:20
The earnings reports from Japan's five major securities firms are in, showing strong performances boosted by the rising stock market. (News On Japan)
May 1, 2024 - 12:23
Japan's Ministry of Internal Affairs and Communications announced on April 30th that the number of vacant homes across the country has reached 9 million, setting a new record high. (News On Japan)
May 1, 2024 - 01:55
Market insiders estimate that the government and the Bank of Japan (BOJ) might have conducted a forex intervention scaled at 5 trillion yen. (News On Japan)
April 30, 2024 - 15:17
Starting May 1, a new president will take the helm at the company that franchises "Curry House CoCo Ichibanya" in Gunma and eight other prefectures. Remarkably, the appointee is a 22-year-old woman who currently works there as a part-time employee, making this a highly unusual promotion. (News On Japan)
April 29, 2024 - 23:38
A recent study by the Rengo Research Institute, which focuses on labor issues, has revealed that only a little over 6% of workers report their wage increases have exceeded the rate of inflation. (News On Japan)
April 29, 2024 - 10:54
Oriental Land Co., operator of Tokyo Disney Resort, announced that it achieved record revenue and net profits for the fiscal year 2023. The company reported a revenue of 618.4 billion yen ($3.9 billion) and a net profit of 120.2 billion yen ($755 million), both the highest in its history. (News On Japan)
April 29, 2024 - 10:49
On April 26, the Nikkei Average closed up 306 points at 37,934 yen, despite a rapidly weakening yen. Experts are noting a shift in the typical correlation between a weak yen and strong stock performance, suggesting that the previous dynamic may be weakening. (News On Japan)
April 29, 2024 - 04:04
Twelve years after entering the global marketplace for konjac, known in Japan as konnyaku, Akiji Sawaura has seen his company's revenue increase by 2.5 times and employee numbers double. However, his journey was not without its challenges. (News On Japan)
April 29, 2024 - 03:51
Novelist Hitoshi Mayama explores a groundbreaking next-generation aquaculture technology at Tokyo University of Marine Science and Technology with Professor Goro Yoshizaki. This innovative method allows desired fish species to be bred by transplanting their reproductive stem cells into surrogate fish. (News On Japan)
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