Connecting Japanese, Foreign Businesses
Nearly 36,000 Japanese Companies Shut Down Due To COVID-19. It must be shocking news to you. At least, it was for me when I first heard about it. 36,000 is a big number. We plan to share with you the following news item. Nearly 36,000 Japanese companies have chosen to discontinue their business so far …
Nearly 36,000 Japanese Companies Shut Down Due To COVID-19Read More
The government of Prime Minister Yoshihide Suga will review the basic act on small and midsize enterprises to change the definition of such businesses in efforts to spur industry realignment. The change is also aimed at encouraging such companies to enhance productivity and raise minimum wages, government officials said. But hasty moves to redefine small …
Japan Reviewing Definition Of Small Firms For RealignmentRead More
Two Japanese firms will carry out a demonstration project to store carbon dioxide deep in the ground starting next year in Indonesia as part of efforts to reduce greenhouse gas emissions. Electric Power Development Co., known as J-Power, and consulting company Japan NUS Co. are set to begin the four-year plan at the Gundih gas …
Japanese Firms To Demonstrate Underground CO2 Storage In IndonesiaRead More
By the end of 2020, water is expected to be a ¥100 trillion industry, with global demand expanding unfettered due to economic development and population growth in developing countries. Businesses in this sector include sewage purification, seawater desalination and water utility operations. Thanks to the technological advancement in this field, Japan has become a worldwide …
Global Demand For Japanese Water Treatment Solutions RisesRead More
The newly inducted government of Prime Minister Yoshihide Suga plans to pressurize mobile phone operators in Japan to cut rates. The new Cabinet was formed Wednesday, and right from the start, it has the difficult mission of pursuing two or even three key objectives. Not only does it need to steadily put the nation`s fiscal …
Japanese Government to Pressurize Mobile Phone Operators to Cut RatesRead More
Japan has always been known as a global leader for technology and IT development, but like every country, its economy is full of successful business in all kinds of industries. So that might lead you to wonder, what kinds of companies are the richest? On August 25, business consulting company Risk Monster (who previously investigated which Japanese companies …
Three major convenience store chains are considering jointly delivering their products to stores by sharing trucks. They are joining hands to resolve driver shortages, as well as to help government efforts to reduce traffic congestion. Since the three have been rivals competing fiercely to open new stores, many issues need to be resolved to build …
Major Convenience Stores In Japan May Share Delivery TrucksRead More
The surge in working-from-home arrangements ignited by the coronavirus outbreak is now being seen as having a major impact on rising office vacancies in urban areas. According to office brokerage giant Miki Shoji Co., the vacancy rate in central Tokyo in July increased 0.8 points from the previous month to 2.77%, up for the fifth …
Office Vacancy Rates Rise In Japan Due To COVID-19 PandemicRead More
A government agency dealing with natural resources has announced the successful excavation of rare metals including cobalt and nickel from the seabed of Japan’s exclusive economic zone. Domestic rare metal production has been a pressing issue for Japan as the nation is highly dependent on China for such metals that are essential to lithium-ion battery …
Japan Discovers Rare Metals Essential For Lithium-ion BatteriesRead More
Sales of summer goods have started to pick up amid the later-than-usual heatwave, with this year’s top sellers reflecting new habits adopted in response to the novel coronavirus pandemic and people’s tendency to spend more time at home to prevent infection. The Matsuya Ginza department store in Chuo Ward, Tokyo, is enjoying brisk sales of …
New Top Summer Retailers Emerge in Japan Due To PandemicRead More
LONDON — Japan and Britain agreed in substance on most areas of their new trade agreement on Friday, aiming to reach a broad agreement by the end of August to resolve all issues. The new bilateral trade agreement accompanies the United Kingdom’s departure from the European Union and is expected to be in line with …
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 …
Seven & i To Buy US Convenience Store, Speedway For $21 BillionRead More
