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 Monday between the Seven-Eleven … [Read more...] about Seven & i To Buy US Convenience Store, Speedway For $21 Billion
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Japanese Handicraft Makers Explore Export Markets Globally
A Japanese government-linked organization will help local companies export made-in-Japan refined crafts including stationery, furniture, and accessories through online business meetings with overseas buyers amid the coronavirus pandemic. The Japan External Trade Organization has picked 519 items by 121 producers for this year's Takumi Next project aimed at supporting … [Read more...] about Japanese Handicraft Makers Explore Export Markets Globally
Fujifilm Affiliate, Novavax Make COVID-19 Vaccine Candidate
Fujifilm Corp said Friday its biotechnology subsidiary and U.S. vaccine maker Novavax Inc have agreed to manufacture bulk drug substance for the latter's vaccine candidate against the coronavirus disease. The vaccine producer based in Maryland has been developing NVX-CoV2373, a vaccine candidate engineered from the genetic sequence of the new coronavirus, and the Fujifilm … [Read more...] about Fujifilm Affiliate, Novavax Make COVID-19 Vaccine Candidate
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 as semiconductors and flying cars as early as before the end of July, it has been learned. By creating such specialized sections, the ministry is revealing its stance to take up the issue as a … [Read more...] about Japan To Renew Support For Hitech Sector
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 nationwide spread of telecommuting. In recent years, information technology companies have been moving to Shirahama, Wakayama Prefecture, and locals expect that the town will become an IT-centric area like Silicon Valley in … [Read more...] about Japanese Resort Town Aims To Be Next Silicon Valley