Business News On Japan
Updated: 22 min 53 sec ago
February 6, 2024 - 08:16
As demand for power semiconductors used in electric vehicles (EVs) and other applications continues to rise, major Japanese semiconductor companies are accelerating their efforts to enhance development and production. Power semiconductors have been a strong suit for Japanese manufacturers, and strengthening this sector is becoming a crucial phase in enhancing their competitiveness globally. (News On Japan)
February 5, 2024 - 17:50
This spring's labor negotiations will see labor unions of three major steel companies, members of the Basic Industry Workers' Federation, compile a policy proposal demanding wage increases of about 30,000 yen per month, which amounts to a base pay raise equivalent and marks the highest level in nearly 50 years. (News On Japan)
February 5, 2024 - 02:05
In an innovative approach to expansion, fast-food chain Burger King is set to launch the "Let's Build Burger King" campaign, inviting the public to assist in identifying vacant properties suitable for new outlets. Contributors whose suggestions lead to a new store will be rewarded with 100,000 yen. (News On Japan)
February 5, 2024 - 00:55
As concerns mount over aging infrastructure across Japan, six major companies including JR West, the NTT Group, and megabanks have decided to launch a new business to support local governments, by encouraging cooperation between multiple municipalities and assisting with fundraising. (News On Japan)
February 3, 2024 - 19:12
A Ministry of Land, Infrastructure, Transport and Tourism (MLIT) survey has revealed that half of the 140 regional railway operators are experiencing a shortage of train drivers, leading to an emergency meeting convened by 172 operators, including major companies, on Friday, February 2. (News On Japan)
February 3, 2024 - 17:02
For the third consecutive year, the hourly wages of employees at Universal Studios Japan (USJ) are set to increase. The operating company of USJ has announced a uniform wage increase of 50 yen for part-time and temporary employees starting from April. (News On Japan)
February 3, 2024 - 10:59
Amidst a backdrop of rising interest rates, calculations have shown that the cost of servicing Japan's national debt, including interest payments, is expected to increase by over 7 trillion yen in the next three years.
(News On Japan)
February 2, 2024 - 11:18
In Kansai, a supermarket "Sengoku period" unfolds as retailers from Kanto and Tokai regions rapidly expand their presence, setting the stage for intense competition. Offering high quality at low prices has become a given. Supermarkets are now employing unique strategies to captivate the hearts of Kansai residents, ranging from purchasing whole cows to provide grade 4 quality meat to using innovative methods for delivering fresh fish at low prices. (News On Japan)
February 2, 2024 - 11:03
The long-standing and popular health-conscious product 'Healthya,' recognized as a 'Tokutei Hokenyou Shokuhin' (Foods for Specified Health Uses or 'Tokuho'), is transitioning from Kao Corporation to Kirin. (News On Japan)
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