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Japan to reduce unsafe abandoned houses by cutting tax breaks

August 3, 2014 - 01:49
The government will review fixed property tax breaks for housing land to reduce abandoned houses that are rapidly increasing in number across the country due to the shrinking population, informed sources said. (Japan Times)
Categories: Japan News

Injuries from unlicensed massage parlors on rise

August 3, 2014 - 01:23
There has been a rise in reports regarding unlicensed massage parlors injuring customers. (The Japan News)
Categories: Japan News

4 arrested for cheating TEPCO for 12 million yen in damages

August 3, 2014 - 00:49
Japanese police arrested four people on Saturday on suspicion of defrauding Tokyo Electric Power Co. of 12 million yen in nuclear compensation. (Jiji Press)
Categories: Japan News

Iliad's T-Mobile bid could throw wrench into SoftBank's plans

August 1, 2014 - 23:59
The surprise offer for T-Mobile US by France's Iliad could prolong negotiations underway by Japan's SoftBank, which is scrambling to wrap up a deal with the U.S. mobile provider's parent, Deutsche Telekom. (Nikkei)
Categories: Japan News

Sharp sales edge up 1.9% in first quarter

August 1, 2014 - 23:27
Sharp Corp. said Friday that sales and operating profit in the first quarter rose from the same period a year ago, thanks to continued streamlining and steady sales of LCD-related products that contributed toward its recovery. (Japan Times)
Categories: Japan News

KDDI 'fails to declare Y15.9 billion'

August 1, 2014 - 23:05
Tax authorities have found that KDDI Corp. failed to declare about Y15.9 billion in taxable income for the five years to March 2013, it has been learned. (The Japan News)
Categories: Japan News

Sukiya chain urged to end one-man midnight shifts

August 1, 2014 - 23:03
The Sukiya gyudon restaurant chain should eliminate its exploitative practice of having only a single staff member run the midnight shift, a third-party panel said. (The Japan News)
Categories: Japan News

Japan chat app Line's sales surge ahead of sector's first major IPO

July 31, 2014 - 23:53
Japan-based messaging app Line Corp saw second-quarter revenue jump by more than half, fuelled by growth outside its home market, in a boost to the service's plans for an initial public offering that could value the firm at up to $20 billion. (Reuters)
Categories: Japan News

Warning issued after consumers sustain major burns from using coolant skin sprays

July 31, 2014 - 23:40
The Consumer Affairs Agency has issued a warning to consumers to be careful when using topical coolant skin sprays after a number of cases in which people sustained serious burns after the spray ignited. (Japan Today)
Categories: Japan News

With Tesla deal, Panasonic sees risk and reward

July 31, 2014 - 23:31
Panasonic has been scaling back investment under President Kazuhiro Tsuga but seems ready for a reversal, as suggested by its plans announced Thursday to build a lithium-ion battery plant in collaboration with U.S. electric vehicle maker Tesla Motors. (Nikkei)
Categories: Japan News

Japan punishes Novartis for not reporting side effects

July 31, 2014 - 23:12
Japan's Health, Labor and Welfare Ministry issued a business improvement order on Thursday to Novartis Pharma K.K. for its failure to report serious side effects of its leukemia treatment drugs. (Jiji Press)
Categories: Japan News

Hokkaido Electric applies for 17 pct rate hike

July 31, 2014 - 13:05
Hokkaido Electric Power Co. <9509> applied for government approval Thursday of its plan to raise electricity rates for households by 17.03 pct on average, the first hike since September last year. (Jiji Press)
Categories: Japan News

HondaJet prepares for take off with aviation venture

July 31, 2014 - 00:13
It was just over half a century ago that Honda Motor Co.'s founder, Soichiro Honda, made public his aspiration to eventually enter the aviation business. That dream is about to take off. (Japan Times)
Categories: Japan News

Govt to fund start-up CEOs

July 30, 2014 - 23:55
The government plans to start a system this fiscal year under which it will provide living costs of Y6.5 million per year, for up to two years, for people who quit their companies and start a new business. (The Japan News)
Categories: Japan News

Sony joins Japanese exodus from London Stock Exchange

July 30, 2014 - 23:51
Sony said Wednesday it would de-list its shares from the London Stock Exchange after 44 years because of thin trading volume, following a series of pullouts by other Japanese firms. (Japan Today)
Categories: Japan News

McDonald's Japan unveils 'tofu nuggets' after China meat scandal

July 30, 2014 - 23:20
McDonald's restaurants in Japan are turning to time-honoured Asian soul food-tofu-as the chain scrambles to minimise the damage from an embarrassing tainted meat scandal in China. (Japan Today)
Categories: Japan News

Japan police, U.S. authorities to probe bitcoin withdrawals from Mt. Gox

July 30, 2014 - 22:52
The Metropolitan Police Department will launch a full-scale investigation into the collapse of Mt. Gox, a Tokyo-based major exchange for the bitcoin digital currency, on suspicion of computer fraud, suspecting that a large quantities of bitcoins were illegally withdrawn from the company's system, it was learned Wednesday. (The Japan News)
Categories: Japan News

Toyota remains world's top selling automaker, plans to sell more than 10 million cars in 2014

July 30, 2014 - 13:10
Toyota remained the top-selling automaker for a second year in a row, beating U.S. rival General Motors by some 270,000 vehicles in 2013, and set an ambitious target to sell more than 10 million vehicles this year. (nydailynews.com)
Categories: Japan News

China scandal pushes McDonald's Japan to upgrade food-safety steps

July 29, 2014 - 14:23
McDonald's Holdings Co. (Japan) apologized Tuesday for a recent scandal over chicken meat provided by a Chinese producer, promising to do "whatever it takes" to ensure the safety of food on its menu. (Kyodo)
Categories: Japan News

Airbus cancels order for six A380s from Skymark

July 29, 2014 - 07:39
Airbus has cancelled an order for six A380 superjumbos from Skymark Airlines because the Japanese company is facing financial difficulties, French daily Les Echos reported on Monday (July 28). (channelnewsasia.com)
Categories: Japan News

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