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Seven & i To Buy US Convenience Store, Speedway For $21 Billion
Major Japanese retailer Seven & i Holdings Co said Monday its U.S. unit 7-Eleven Inc. will acquire Speedway LLC, a convenience store and gas station network, for $21 billion to expand revenue sources overseas due to a saturated domestic market. The deal, the fourth-largest acquisition of a foreign company by a Japanese firm, was reached…
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Spotlight
Japan To Renew Support For Hitech Sector
Japan is planning to renew support for hitech sector. The Economy, Trade, and Industry Ministry will set up new sections to individually oversee and support advanced technologies such…
Japanese Resort Town Aims To Be Next Silicon Valley
Wakayama — A leading resort town in western Japan is attracting more attention as an alternative to working in urban areas as the pandemic has led to the…
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Explore
Robots Start Taking Orders At Japanese Restaurants
Hoping to reduce human contact amid COVID-19 and decreasing population in Japan, operator of Mos Burger shops, Mos Food Services Inc. in…
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Toyota To Fully Resume Global Output
Toyota Motor Corp will resume automobile production in all of its manufacturing bases around the world for the first time since February,…
Japan Introducing Facial Recognition Based Vending Machine
Tokyo;- Vending machines that use facial recognition for payment are currently trial periods. Developed by a major beverage company Dydo Drinco Inc.,…
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Fisheries Looking For New Ways To Sell Their Products
The nationwide outbreak of the new coronavirus has put tremendous downward pressure on the prices of fishery products, leading to a rethink…
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Japan Railway To Raise Train Fares During Rush Hour
East Japan Railway Co. (JR East) plans to raise train fare during rush hours as the coronavirus affects how people use trains,…
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Advance Payment System To Support Struggling Tourism Industry In Japan
An advance payment system in Japan aims to help struggling tourism industry-related businesses including accommodations, theatres, hotels, restaurants, etc. The pay-in-advance system…
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Mobile Data Charges In Tokyo Highest Among 6 Major Cities
Tokyoites pay the highest mobile phone charges of six major cities around the world, shelling out ¥8,175 for the large data allowance…
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Japan To Ease Entry Restrictions For Taiwan, Southeast Asia
The Japanese government plans to ease entry restrictions for visitors from Taiwan and Southeast Asian countries. The officials will start full-scale negotiations…
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Japanese Convenience Stores Face Declining Sales Amid Pandemic
Japanese convenience stores are facing declining sales amid pandemic. The number of customers in office districts and at tourist spots has declined…
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Japanese Firms To Get Government Support In Developing Post-5G Tech
The government has decided to provide financial support for domestic manufacturers to develop technologies for the post-fifth-generation mobile communication network standard. The…
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Japanese Automakers` Domestic Output Plunges 67% In May
The domestic production of eight major Japanese automakers in May plunged a record 61.8 percent from a year earlier to 287,502 vehicles…
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Japan`s Retail Sales Fall 12.3% In May From A Year Earlier
Retail sales in Japan tumbled at a double-digit pace for the second straight month in May as the coronavirus pandemic and lockdown…
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