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Japan Times
WORLD / Science & Health
May 1, 2020

Virus drugmaker caught between making a profit and treating the world

Gilead Sciences Inc. may spend $1 billion on its breakthrough new treatment for COVID-19 this year alone, Chief Executive Officer Daniel O’Day said. How much revenue — if any — the company expects to generate is another matter.
Japan Times
BUSINESS / Companies
Apr 28, 2020

Nissan to slash May car production by 78% vs. last year

The automaker forecasts a dramatic drop in sales as the coronavirus pandemic adds to existing issues of declining sales and weak margins.
Japan Times
ASIA PACIFIC
Apr 23, 2020

American quandary: How to secure weapons-grade minerals without China

The United States wants to curb its reliance on China for specialized minerals used to make weapons and high-tech equipment, but it faces a Catch-22.
Japan Times
BUSINESS
Apr 17, 2020

Japan internet providers say they can handle coronavirus-driven surge

Internet traffic in Japan has spiked as more homebound workers and students rely on video meetings and streaming content amid the COVID-19 outbreak, raising the question of how much this will affect access to networks that may until now have been taken for granted.
Japan Times
ASIA PACIFIC
Apr 16, 2020

Code words, chaos and sky-high prices in China’s pandemic mask market

Desperate to find a new supply of protective face masks, executives at an American health care services company last month began poring over videos shot inside Chinese factories — and listening closely for gibberish.
Japan Times
BUSINESS / Companies
Apr 13, 2020

Masayoshi Son’s $2 billion guarantee at risk as virus sickens SoftBank star Oyo

Just nine months ago, Masayoshi Son publicly declared Ritesh Agarwal one of the star entrepreneurs backed by his SoftBank Group Corp. The billionaire boasted that Agarwal’s Oyo Hotels & Homes was poised to overtake the biggest hotel chains in the world just a few years after its founding.
Japan Times
BUSINESS / Companies
Apr 3, 2020

Apple tells staff U.S. stores will remain closed until early May due to pandemic

Apple Inc. on Thursday told employees that its retail stores in the U.S. will remain closed and that work-from-home procedures will stay in place until early May due to the COVID-19 pandemic.
Japan Times
BUSINESS / Companies
Apr 1, 2020

U.S. delivery drivers exposed on frontlines of COVID-19 pandemic

In the new COVID-19 economy that divides labor into essential and nonessential, truckers and parcel delivery drivers have become some of the most indispensable — and most exposed — workers as shut-in Americans rely more on online shopping.
Japan Times
BUSINESS / Companies
Mar 29, 2020

SoftBank’s big bet on sharing economy backfires with coronavirus

Masayoshi Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices.
Japan Times
JAPAN
Mar 21, 2020

As mask supplies dwindle, Japanese bra maker offers support where it's most needed

As the coronavirus pandemic continues, one company is taking a unique approach to easing the shortage of masks in Japan.
Japan Times
BUSINESS / Companies
Mar 6, 2020

Toshiba Machine girds for tough battle with investor Yoshiaki Murakami

Toshiba Machine Co. is bracing for "a very tough battle" with controversial activist investor Yoshiaki Murakami on March 27, when shareholders will meet to decide the outcome of one of the nation's highest-profile takeover battles in recent years.
Japan Times
BUSINESS
Mar 3, 2020

Tesla barely registers in Japan, the world's third-largest auto market

For all of Elon Musk’s domination of the burgeoning electric vehicle business, Tesla Inc. is struggling to get traction in Japan, a market he put on a pedestal early in the automaker’s early days.
Japan Times
LIFE / Style & Design
Feb 29, 2020

Classic kicks: Japan’s sneaker obsession rebounds

The 1990s sneaker craze eventually cooled off, but over the past four or five years a new wave has risen, towering over anything that came before.
Japan Times
BUSINESS / Companies
Feb 25, 2020

SoftBank fund invests $100 million in compliance software firm

SoftBank Group Corp.'s Vision Fund 2 is investing $100 million in compliance and employee-monitoring software company Behavox, according to sources familiar with the matter.
Japan Times
BUSINESS
Feb 25, 2020

Intuit buys Credit Karma for $7.1 billion in cash and stock

Intuit Inc., the software giant behind TurboTax, is buying personal finance website Credit Karma Inc. for about $7.1 billion in cash and stock.
Japan Times
JAPAN / Media / MEDIA MIX
Feb 22, 2020

Rethinking the need for personal stamps and seals in modern society

Last month, MUFG Bank Ltd. started offering ¥1,000 to each of its first 100,000 customers willing to give up their paper passbooks. MUFG wants people to switch to online banking, which is cheaper for banks — and not just because they can save on production costs. Banks pay billions of yen a year in...
Japan Times
BUSINESS / Companies
Feb 17, 2020

Parts shortage has Sony struggling to price upcoming PlayStation 5

A shortage of components has pushed manufacturing costs for Sony Corp.'s next PlayStation to around $450 per unit, forcing a difficult price-setting decision in its battle with Microsoft Corp., according to people with knowledge of the matter.
Japan Times
CULTURE / Stage
Feb 15, 2020

Virtual idols, anime and a rock 'n' roll spirit: Nakamura Shido II leads kabuki's evolution

The audience, most of whom are in their 20s and 30s, wave glow sticks and holler as the lights go down for the start of the show. Above the stage, a frame of blue lights throbs and pulses like a circuit board before the curtain draws back.
Japan Times
BUSINESS / Companies
Feb 13, 2020

Mitsubishi Electric hack began in China in March 2019, defense contractor says

The cyberattack against Mitsubishi Electric Corp. began in March last year and originally targeted a server in China, a report by the machinery-maker and major defense contractor says.
Japan Times
BUSINESS / FOCUS
Feb 12, 2020

Japan's efforts to raise wages wane as firms embrace merit-based pay

More Japanese companies are shifting to merit-based pay as competition for workers heats up, but the change risks holding back the sort of blanket wage hikes the prime minister says are needed to inflate the economy.
Japan Times
Mexico report 2020
Feb 5, 2020

Mayekawa de Mexico upholds tradition to establish better connections

With a strong vision to provide world-class products and to give its customers the best service possible, Japanese company Mayekawa Corp. was able to make a name for itself all over the world.
Japan Times
Norway report 2020
Jan 31, 2020

Western Bulk sets sail with highly effective business model

Since its establishment in 1982, creating and maintaining an effective business model has been essential for dry bulk shipping company Western Bulk.

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