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Seiko to revamp luxury watch brand, taking on Swiss rivals

March 22, 2017 - 22:05
Seiko Holdings will embark on its first-ever major revamp of a core watch brand, seeking to better compete with Swiss rivals in the market for upscale timepieces. (Nikkei)
Categories: Japan News

Domestic hemp industry facing extinction

March 21, 2017 - 22:40
Industrial hemp (see below) has long been used to make sacred ropes that adorn shrines and feature on sumo wrestlers' ceremonial aprons, but tighter restrictions on cultivation has led to concerns that domestic production could be facing extinction. (the-japan-news.com)
Categories: Japan News

SoftBank's Son richest Japanese

March 21, 2017 - 22:35
SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son is the richest Japanese person, with $21.2 billion in net worth, according to U.S. magazine Forbes' 2017 list of billionaires in the world, released Monday. (the-japan-news.com)
Categories: Japan News

McDonald's Japan to accept credit cards nationwide

March 20, 2017 - 22:00
In response to the growing number of foreign visitors, McDonald's Holdings (Japan) has decided to start taking credit card payments at all its restaurants. (Nikkei)
Categories: Japan News

Railcars used by many JR firms in service for over 30 years

March 19, 2017 - 21:58
Some 30 percent of passenger railcars used by four Japan Railway companies have been in service since at least 1987, when the firms were created through the privatization of the Japanese National Railways, Jiji Press has learned. (Japan Times)
Categories: Japan News

Chinese shops pull Japanese food items from shelves over safety fears

March 18, 2017 - 23:01
A number of Chinese stores have almost completely pulled Japanese food products from their shelves after a consumer rights show aired by China's state-run broadcaster CCTV alleged that some items are from areas affected by the 2011 Fukushima nuclear disaster. (Japan Today)
Categories: Japan News

Novartis Pharma ex-employee not guilty over falsified data

March 16, 2017 - 22:16
Tokyo District Court on Thursday found Nobuo Shirahashi, 66, a former Novartis Pharma K.K. employee, not guilty of violating the Japanese pharmaceuticals law over falsified drug clinical data used in research articles. (Jiji)
Categories: Japan News

Toshiba to leave overseas N-power biz

March 15, 2017 - 22:02
With Toshiba Corp. expected to log an enormous loss in its nuclear power business, the company has announced a plan to remove Westinghouse Electric Co., a U.S. nuclear power company, from the group next fiscal year. (the-japan-news.com)
Categories: Japan News

6 years on: Japanese food still shut out of some overseas markets

March 15, 2017 - 21:59
Some countries and regions still maintain import bans on Japanese fishery and agricultural products, six years after Japan's worst nuclear accident at Tokyo Electric Power Company Holdings Inc.'s <9501> disaster-stricken Fukushima No. 1 plant. (Jiji)
Categories: Japan News

Tokyo Disney Resort operator allows temp staff to join labor union

March 14, 2017 - 22:28
Oriental Land's labor union will make the roughly 20,000 temp workers at Disney theme parks members from April 1, inviting them to negotiate for better wages and employment terms amid severe labor shortages. (Nikkei)
Categories: Japan News

Licensing eased in Japan to attract young truck drivers

March 14, 2017 - 22:15
The classification of driving licenses by vehicle type was changed in Japan this week at the request of the trucking industry, which is eager to employ young drivers amid labor shortages and an aging workforce. (Jiji)
Categories: Japan News

Toshiba mulls sale of majority stake in Westinghouse

March 14, 2017 - 11:06
Struggling Toshiba Corp. said Tuesday it is considering selling a majority stake in its U.S. nuclear unit, Westinghouse Electric Co., aiming to stem further losses from its troubled nuclear business. (Japan Times)
Categories: Japan News

Major mobile carriers moving into budget market

March 13, 2017 - 22:16
Major mobile phone carriers KDDI Corp., which operates the au brand service, and SoftBank Group Corp. are increasingly expanding into the budget market. This is because independent carriers are attracting more users by offering reasonable services under brands such as IIJmio and mineo. (the-japan-news.com)
Categories: Japan News

Toshiba delays earnings release again

March 13, 2017 - 21:56
Toshiba Corporation is delaying the release of its financial results again. (NHK)
Categories: Japan News

Probe of DeNA websites finds potential plagiarism

March 13, 2017 - 11:46
A third-party panel of investigators says it has found incidents of potential copyright infringement on websites that were run by Japanese online gaming company DeNA. (NHK)
Categories: Japan News

Major Japan banks expanding assistance in foreign languages

March 12, 2017 - 23:12
Major Japanese banks are expanding language assistance for non-Japanese-speaking customers, aiming to win more customers as the number of foreigners in Japan is expected to grow further. (Jiji)
Categories: Japan News

Japan set to help Saudi Arabia's shift from oil dependence

March 11, 2017 - 23:07
Japan will promote public-private support for Saudi Arabia's shift from an oil-dependent economy as Salman bin Abdulaziz, the king of the Middle East country, is set to visit Japan from Sunday. (Jiji)
Categories: Japan News

What Philip Morris learned From Japan

March 10, 2017 - 23:05
Philip Morris International is seeking to revolutionize the tobacco industry with its iQOS alternative to conventional cigarettes, and so far, performance in test markets has been extremely strong. (fool.com)
Categories: Japan News

Toshiba scrambles to stem further bleeding from Westinghouse

March 10, 2017 - 22:55
Toshiba is considering having subsidiary Westinghouse Electric file for Chapter 11 bankruptcy protection to limit liability for future cost overruns on long-delayed U.S. nuclear projects. Yet loan guarantees and potential compensation claims could still prove costly if progress remains slow. (Nikkei)
Categories: Japan News

Large firms' business sentiment remains positive

March 10, 2017 - 10:11
A Finance Ministry survey shows that business sentiment at large Japanese companies has remained upbeat for the January-to-March quarter. The positive reading is the third in a row. (NHK)
Categories: Japan News

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