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Business News On Japan
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Updated: 25 min 45 sec ago

Toshiba rebounds to top TSE tier

11 hours 4 min ago
The Tokyo Stock Exchange says it will allow Toshiba to return to the First Section of traded shares, starting on Friday next week. (NHK)
Categories: Japan News

Japan's telework rate low amid virus state of emergency

11 hours 8 min ago
Companies in Japan have not promoted teleworking much, despite a call by the government to reduce the number of workers in offices by 70% during the second coronavirus state of emergency, a survey by the Japan Productivity Center has shown. (Japan Times)
Categories: Japan News

Japan's central bank keeps key monetary policy unchanged

January 22, 2021 - 03:34
Japan's central bank will keep its key monetary policy unchanged. It's a signal that it has delivered sufficient stimulus for now to cushion the blow from the COVID-19 pandemic. (CNA)
Categories: Japan News

Japan's exports up first time in over 2 years

January 21, 2021 - 17:23
Japan's exports were up in December from the same month the previous year on stronger demand from customers in China and other Asian countries. (NHK)
Categories: Japan News

More than a dozen stores close in Tokyo's high-end Ginza Six mall

January 21, 2021 - 07:42
More than a dozen stores closed in Tokyo's high-end Ginza Six mall this week as the coronavirus pandemic kept big-spending foreign tourists and other luxury shoppers away from an upscale shopping district famous for brand-name boutiques. (Japan Today)
Categories: Japan News

Dentsu mulls selling headquarters building for 300 bil. yen

January 21, 2021 - 02:58
Japanese advertising giant Dentsu Group Inc. is considering selling its 48-story headquarters building in Tokyo for some 300 billion yen ($2.9 billion), which would make it the highest-priced building to be sold in Japan, sources close to the matter said Wednesday. (Kyodo)
Categories: Japan News

Japan's power prices hit maximum under new caps for third day

January 20, 2021 - 04:21
Japan’s wholesale electricity prices hit the maximum possible for a third day after the government set upper limits on moves last week amid the worst power crunch since the Fukushima disaster nearly a decade ago. (Reuters)
Categories: Japan News

Mitsui Fudosan to acquire Tokyo Dome

January 20, 2021 - 03:59
One of Japan's top sporting venues is about to get a new owner. The Tokyo Dome, home ground of the Yomiuri Giants baseball team, will be part of real estate company Mitsui Fudosan's portfolio. (NHK)
Categories: Japan News

Taiwanese locals grounded by COVID flock to grand opening of Japanese chain store

January 20, 2021 - 03:38
Major Japanese retail chain Don Quijote opened its first Taiwan store on Tuesday, under the brand name Don Don Donki. (Formosa TV English News)
Categories: Japan News

Japan's ski resorts fear it's downhill all the way

January 16, 2021 - 14:45
Japan's winter resorts are on a slippery financial slope as rising COVID-19 infections deter skiers and snowboarders. (Nikkei)
Categories: Japan News

TDK eyes $5bn push into electric vehicle batteries and clean energy

January 16, 2021 - 14:43
Japanese electronic parts manufacturers are making big investments to scale up output of components for electrified vehicles, seeking to establish a place in the coalescing supply chains for the rapidly growing field. (Nikkei)
Categories: Japan News

Big pub operator to close 61 outlets in Tokyo

January 16, 2021 - 02:40
The operator of a number of izakaya pub chains in Japan says it is closing down about 20 percent of its outlets in Tokyo. It hopes to mitigate the impact of shorter business hours due to the coronavirus pandemic. (NHK)
Categories: Japan News

Saizeriya president calls requests not to eat out for lunch ‘nonsense’

January 16, 2021 - 02:38
The Japanese government declared a second state of emergency following a surge in coronavirus cases in Tokyo and three neighboring prefectures on Jan 7. (Japan Today)
Categories: Japan News

Central Japan Railway to put thousands on leave

January 16, 2021 - 02:32
Rising coronavirus cases are leading Central Japan Railway to take the unprecedented step of requiring thousands of employees to go on paid leave as passenger numbers drop sharply. (NHK)
Categories: Japan News

Toyota to pay $180 mil in U.S. for failing to report emissions defects

January 15, 2021 - 12:53
Toyota will pay $180 million to settle U.S. government allegations that it failed to report and fix pollution control defects in its vehicles for a decade. (Japan Todayj)
Categories: Japan News

Japan's wholesale prices keep falling, pace moderates on global recovery hopes

January 15, 2021 - 02:38
Japan’s wholesale prices fell 2.0% in December from a year earlier on sliding fuel costs, data showed on Thursday, a sign that the hit to demand from the coronavirus pandemic is weighing on the world’s third-largest economy. (Reuters)
Categories: Japan News

Uniqlo owner’s stock hits record as shoppers go casual in pandemic

January 15, 2021 - 02:36
Fast Retailing Co.’s lineup of functional and casual attire continued to lure value-conscious shoppers whose preferences are changing in the midst of the COVID-19 pandemic, helping to push the Uniqlo operator’s first-quarter earnings close to an all-time high. (Japan Times)
Categories: Japan News

Nikkei 225 closes at fresh 30-year high

January 14, 2021 - 19:21
Tokyo's benchmark stock index continued its rise on Thursday, buoyed by better-than-expected figures for machinery orders across Japan. The gains propelled the Nikkei Average to a fresh 30-year high. (NHK)
Categories: Japan News

Japan's households, firms keep piling up cash at record pace as pandemic persists

January 14, 2021 - 05:43
Japan’s currency in circulation and bank deposits rose at a record pace in December, data showed on Wednesday, as a resurgence in coronavirus infections prompted companies and households to continue hoarding cash rather than spending it. (Reuters)
Categories: Japan News

Musk tweets meme, lifting stock of Japan idol game maker

January 14, 2021 - 05:39
Elon Musk’s tweets have been known to drive big stock moves in everything from his own giant automaker Tesla Inc. to a tiny medical device firm that shared the name of his preferred messaging app. (Bloomberg)
Categories: Japan News

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