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November 25, 2024
 

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Japan Times
BUSINESS / Companies
Apr 23, 2018

Toshiba weighs chip-unit options as Chinese regulators look set to delay sale to Bain beyond deadline

Toshiba Corp. is all but guaranteed to miss a May 1 deadline to sell its memory chip business to a Bain Capital-led group, people familiar with the matter said, raising the chances it may consider other options that could yield billions of additional dollars for the unit.
BUSINESS / Companies
Apr 21, 2018

Japanese drugmaker Takeda adds more cash to Shire bid, sending offer past $60 billion

Takeda Pharmaceutical Co. sweetened its offer for drugmaker Shire PLC to more than $60 billion after three prior bids were rejected, wooing investors in the U.S. company with a higher cash component.
Japan Times
BUSINESS / Tech
Apr 20, 2018

Nintendo's $30 billion rally now depends on $70 cardboard pianos

Nintendo Co. got its start in 1889 as a successful manufacturer of hanafuda (playing cards made out of stiff paper). Now the game-maker is embracing the same materials for its next trick.
Japan Times
BUSINESS
Apr 19, 2018

Facebook to put 1.5 billion users out of reach of new EU privacy law

If a new European law restricting what companies can do with people's online data went into effect tomorrow, almost 1.9 billion Facebook Inc. users around the world would be protected by it, but the online social network is making changes that ensure the number will be much smaller.
Japan Times
BUSINESS / Companies
Apr 12, 2018

Open sesame as Kadoya opens second oil factory, maintains market mainstay niche

On a small island known for olives and wild monkeys, Rika Onishi spends her days tasting and sniffing sesame oil. She's one of a small group of Kadoya Sesame Mills Inc. employees who make sure the oil always has the same taste and aroma.
Japan Times
BUSINESS / Companies
Apr 3, 2018

New Toshiba CEO says chip unit sale will proceed despite eased delisting fears

New Toshiba Corp. Chairman and CEO Nobuaki Kurumatani emphasized Tuesday that the company does not intend to change plans to sell its lucrative memory chip unit even now that it has staved off financial woes.
Japan Times
WORLD
Mar 23, 2018

New post-Brexit British passport to be made by Franco-Dutch firm De La Rue

The new blue British passports that Prime Minister Theresa May called "an expression of our independence and sovereignty" after Brexit will be made by a Franco-Dutch firm, the boss of the British company which lost the contract said Thursday.
Japan Times
BUSINESS / Companies
Mar 17, 2018

'Exhausted' Toys R Us suppliers weigh options as huge retailer shuts

When Toys R Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11.
Japan Times
WORLD
Mar 15, 2018

Brooklyn sale by Kushner family firm, at 60% premium, linked to NTT — one-third owned by Japan's government

Two months after Jared Kushner joined the White House as a senior adviser, his family firm sold a stake in a Brooklyn building to a unit of a company whose largest shareholder is the government of Japan.
Japan Times
CULTURE / Art
Mar 11, 2018

It's not just the exhibits that are expensive at art fairs

The month of March inaugurates the spring art fair season, a combination of commerce, parties and culture that attendees love to pretend to hate. Even though the fairs are explicitly designed for galleries to sell art, dealers complain about them whenever they get a chance. For everyone else, the phenomenon...
Japan Times
BUSINESS / Companies
Mar 6, 2018

Kobe Steel CEO steps down over data fabrication scandal

The move comes as the firm seeks to take responsibility for the brouhaha that dented the nation's once vaunted reputation for excellence.
Japan Times
JAPAN / Regional voices: Chubu
Mar 5, 2018

Chubu Electric tests mobile payment app as prelude to blockchain-based energy marketplace

Chubu Electric Power Co. has developed a mobile payment app for virtual currencies, and has started testing it in-house with employees using it to purchase coffee.
Japan Times
BUSINESS / Tech
Feb 25, 2018

Apple moves to store iCloud keys in China, raising rights concerns

When Apple Inc. begins hosting Chinese users' iCloud accounts in a new Chinese data center at the end of this month to comply with new laws there, Chinese authorities will have far easier access to text messages, email and other data stored in the cloud.
Japan Times
COMMUNITY / Our Lives / WHY DID YOU LEAVE JAPAN?
Feb 24, 2018

Filmmaker Kazuhiro Soda doesn't underestimate the power of observation

In late 1992, Kazuhiro Soda was attending a "company information session" in Tokyo, where young students about to graduate from university were introduced to various companies as prospective recruits.
Japan Times
COMMUNITY / Our Lives / WHY DID YOU LEAVE JAPAN?
Feb 17, 2018

Yoshihisa Arai: Floating on air in Chicago

At rehearsal a week before the debut of the Joffrey Ballet's latest production in Chicago, dancer Yoshihisa Arai sat on the ground in the back of the rehearsal space with his legs in a split, stretching and checking his smartphone.
Japan Times
BUSINESS / Companies
Feb 16, 2018

Uber CEO predicts Amazon-style losses to reach lofty goals

Speaking at a conference in San Francisco, Uber Chief Executive Officer Dara Khosrowshahi rattled through the company's ambitions: food delivery, freight, autonomous vehicles and even buses and bikes.
Japan Times
JAPAN / EXPLAINER
Feb 12, 2018

Japan's staff-heavy banks downsize and turn to technology for survival

These are tough times for banks.
Japan Times
BUSINESS
Jan 31, 2018

Touted by Trump for U.S. manufacturing role, slumping Harley-Davidson closes Missouri plant

Harley-Davidson Inc. said on Tuesday it will close a plant in Kansas City, Missouri, as it consolidates manufacturing operations after its motorcycle shipments fell to their lowest level in six years, sending its shares down more than 8 percent.
Japan Times
BUSINESS / DAVOS SPECIAL 2018
Jan 23, 2018

Japan: A frontrunner to solve social challenges

Achieving sustainable growth while coping with a population decline calls for "Society 5.0," a super smart society where we can resolve various social challenges by incorporating the innovations of the fourth industrial revolution such as the "internet of things," big data, artificial intelligence, robots...
Japan Times
BUSINESS
Jan 12, 2018

More layoffs at Indiana factory trumpeted by Trump for job-saving deal

More than 200 workers clocked in for their final shifts on Thursday at Carrier Corp. in Indianapolis in the latest round of layoffs at a plant President Donald Trump toured in December 2016 to trumpet a deal to save jobs and prevent its closure.
Japan Times
COMMENTARY / Japan
Jan 7, 2018

Corporate Japan slow to grasp #MeToo

From news coverage to corporate behavior, Japan is still mired in a Showa Era mindset.
Japan Times
BUSINESS
Dec 7, 2017

Japan's robots stepping up to fill worst labor shortage in 40 years

While people fret about robots taking human jobs, machines in Japan are stepping in to fill vacancies amid the worst labor shortage in more than 40 years. That is creating an opportunity for up-and-coming startups focused on automating warehouse tasks.
COMMENTARY / World
Dec 2, 2017

Invest in bitcoin, even if it's a bubble

Uber, Tesla, Snap, bitcoin may have inflated valuations, but their tide lifts many better boats.
Japan Times
BUSINESS / Companies
Dec 1, 2017

Japan's biggest IPO of the year may deliver almost 30% gain within a year

Shares in SG Holdings — operator of Japan's second-largest parcel delivery company by volume, Sagawa Express — could rise in value by as much as 27 percent within a year after its debut this month, as investors bet on solid earnings helped by logistics services at home and abroad.
BUSINESS / Companies
Nov 22, 2017

Toshiba share sale opens door to David Einhorn, Daniel Loeb, other activists angling for shakeup

Toshiba Corp.'s plan to raise more money may bring in vocal investors more willing to take an active role in the electronics maker's affairs.
Japan Times
BUSINESS
Nov 15, 2017

How one Japan firm shifted its focus from steel plates to fancy phone screens

It calls itself a steel maker, but don't be misled by the name.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Tokyo police care for lost umbrellas, keys and flying squirrels
An employee at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo bags, tags and organizes thousands of items.
Japan to aid introduction of multilingual ride-hailing apps
A Nihon Kotsu Co. taxi departs one of the company's service offices in Tokyo.
Seven & I founding family sounded out KKR and others about buyout: report
A 7-Eleven convenience store in Tokyo
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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