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Mitsubishi to buy Norwegian salmon producer

September 22, 2014 - 23:01
Japanese trading house Mitsubishi Corporation has offered about 1.4 billion dollars to buy the world's third largest salmon farming and processing company, in Norway. (NHK)
Categories: Japan News

SoftBank to book Y500bn profit through Alibaba listing

September 21, 2014 - 01:07
SoftBank said on Saturday that it expects to book an extraordinary group profit of about 500 billion yen ($4.55 billion) related to Chinese e-commerce giant Alibaba Group Holding's listing in the U.S. in the first half of fiscal 2014, which started in April. (Nikkei)
Categories: Japan News

No, Japan is not an oasis for CD sales

September 20, 2014 - 00:30
It would be foolish to look to Japan as a model for the future of the music industry. (
Categories: Japan News

SoftBank won't sell Alibaba stake: Son

September 20, 2014 - 00:07
SoftBank has no intention of selling its Alibaba shareholdings, Chairman and Chief Executive Officer Masayoshi Son said, even with their value up by a factor of 4,000 from what it paid for them thanks to Friday's initial public offering. (Nikkei)
Categories: Japan News

iPhone 6 goes on sale in Japan

September 19, 2014 - 06:50
Japan's iPhone fans, some of whom had waited in line for nearly two weeks, finally got their hands on Apple Inc.'s much anticipated iPhone 6 Friday. (Wall Street Journal)
Categories: Japan News

U.S. charges 7 Japanese auto executives with price-fixing

September 18, 2014 - 23:34
The United States charged seven Japanese executives with price-fixing Thursday in a long-running probe into illegal practices in the auto parts industry. (Japan Today)
Categories: Japan News

Suzuki Motor to recall 453,000 minivehicles in Japan

September 18, 2014 - 23:13
Suzuki Motor Corp on Thursday issued a recall of 453,225 minivehicles in Japan to fix a defect in the blower fan motor of the air-conditioning unit that has resulted in three fires so far. (Japan Today)
Categories: Japan News

Low mobile sales yield Y230 billion loss for Sony

September 17, 2014 - 23:28
Sony expects its annual loss to swell to ¥230 billion after writing down the value of its troubled mobile business as phone sales were battered by brutal competition. (The Japan News)
Categories: Japan News

Softbank's Masayoshi Son becomes Japan's richest person with $16.6 billion

September 17, 2014 - 07:06
Masayoshi Son surpassed Fast Retailing Co. Chairman Tadashi Yanai as Japan's richest person yesterday after SoftBank Corp. surged 16 percent since the start of last week. (Bloomberg)
Categories: Japan News

New condos on sale drop for 7th straight month

September 17, 2014 - 00:02
The number of new condominiums put on sale in the Tokyo metropolitan area dropped in August year-on-year for the 7th straight month. (NHK)
Categories: Japan News

How will SoftBank use gains from Alibaba listing?

September 16, 2014 - 23:49
The listing of Chinese e-commerce giant Alibaba Group Holding on the New York Stock Exchange could be worth as much as 5 trillion yen ($46.2 billion) to its biggest shareholder, SoftBank. (Nikkei)
Categories: Japan News

Nissan faces battery plant cuts as electric car hopes fade

September 15, 2014 - 23:36
Nissan Motor Co. Ltd. boss Carlos Ghosn is preparing to cut battery manufacturing, people familiar with the matter said, in a new reversal on electric cars that has re-opened deep divisions with alliance partner Renault. (
Categories: Japan News

Asahi admits to making up interview with Nintendo president

September 14, 2014 - 22:28
The Asahi Shimbun, under fire for erroneous reports on Japan's wartime military brothels and the testimony of the late chief of the Fukushima Daiichi nuclear power plant, revealed Sunday yet another scandal, saying it fabricated an interview with the president of Nintendo Co. (Kyodo)
Categories: Japan News

Rakuten considering Airbnb-like home rental service in Japan

September 13, 2014 - 05:57
Rakuten Inc, Japan's largest e-commerce company, has been actively considering launching a service like website Airbnb that would provide a hub to rent apartments and homes in Japan to short-term guests, two people with knowledge of the developing plans told Reuters. (Japan Today)
Categories: Japan News

Mazda unveils all-new Demio compact, targeting overseas profits

September 13, 2014 - 01:43
For the first time in seven years, Mazda Motor has revamped its Demio compact, which now comes with eco-friendly diesel engine technology. (Nikkei)
Categories: Japan News

Starbucks to conquer final frontier in Japan: Tottori Prefecture

September 11, 2014 - 23:16
Starbucks Coffee Japan plans to open a store in Tottori Prefecture, the sole remaining Japanese prefecture where the coffee shop operator still lacks a presence. (Nikkei)
Categories: Japan News

Anti-mosquito products flying off shelves amid dengue outbreak

September 11, 2014 - 07:03
The ongoing outbreak of dengue fever traced to Tokyo's Yoyogi Park is prompting consumers to snap up anti-mosquito skin sprays in a season when sales of the item usually decline, while a novel type of mosquito guard is also seeing a sudden surge in demand, industry sources say. (Japan Times)
Categories: Japan News

Salmon still affected by 3/11 disaster, dealing blow to Tohoku economy

September 11, 2014 - 06:57
The salmon run in northeastern Japan this autumn will likely plummet by 40 percent compared with last year due to damage to hatcheries caused by the 2011 earthquake and tsunami disaster. (Asahi)
Categories: Japan News

NTT, KDDI and Softbank to sell new iPhone 6 from Sept. 19

September 11, 2014 - 00:25
Japan's three largest mobile phone carriers said Sept. 10 that they will start sales of Apple Inc.'s new iPhone 6 and iPhone 6 Plus on Sept. 19. (Asahi)
Categories: Japan News

Benesse info leak victims to get 500-yen cash vouchers

September 10, 2014 - 18:58
Benesse Holdings Inc. said Wednesday that it will give 500-yen cash vouchers to customers affected by the recent information leak scandal at its core education service unit. (Jiji Press)
Categories: Japan News