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August 15, 2024
 

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AEON

The city of Yangon in July
JAPAN
Aug 13, 2024
Japan supermarket director detained in Myanmar released: junta
Hiroshi Kasamatsu, 53, director of Aeon Orange, which runs several supermarkets in Myanmar, was detained following an investigation into rice mills and supermarkets.
Aeon has said that it will do its best to achieve the early release of a Japanese employee in Myanmar who was just given a one-year prison term.
JAPAN / Crime & Legal
Aug 12, 2024
Japanese employee of Aeon given one-year prison term in Myanmar
Hiroshi Kasamatsu had been charged with violating a law on daily necessities and services by selling rice at prices higher than levels set by the military regime.
A supermarket in Yangon operated by Aeon
JAPAN
Jul 12, 2024
Japanese businessman taken to court in Myanmar
Hiroshi Kasamatsu, a 53-year-old employee of Japanese retailer Aeon, was detained late last month over an alleged illegal practice linked to rice sales.
Chief Cabinet Secretary Yoshimasa Hayashi speaks during a news conference at the Prime Minister's Office on Monday.
JAPAN
Jul 1, 2024
Japanese business executive detained in Myanmar
The military regime said an Aeon Orange executive and local supermarket officials allegedly sold rice at prices higher than levels set by authorities.
An Aeon store in Yokohama in 2022. Aeon currently employs about 1,500 specified skilled workers group-wide.
BUSINESS / Companies
Jun 26, 2024
Aeon to ramp up hiring of foreign workers under specified skills visa framework
The retail giant is planning to employ 4,000 foreign workers with specified skilled worker visas by 2030 amid a labor shortage.
The iAEON app allows users to view their shopping history and save e-receipts on their smartphones to facilitate returns and act as proof of purchases.
BUSINESS / Companies
Jun 14, 2024
Aeon to roll out e-receipts nationwide
Customers can opt for e-receipts instead of paper ones when shopping by using the group’s iAEON app at participating stores.
Aeon plans to spend about ¥102.3 billion to acquire a 13.6% additional stake in Tsuruha from Hong Kong-based hedge fund Oasis Management.
BUSINESS / Companies
Feb 28, 2024
Retailer Aeon to merge with drugstore chains Tsuruha and Welcia
The three companies said they will seek to expand their businesses outside Japan.
Aeon is aiming to encourage male workers to take child care leave. While almost all of its female employees currently take child care leave when they have a child, the rate for male employees is only 15%.
BUSINESS
Feb 2, 2024
Aeon employees to receive 100% of income during child care leave
The retailer aims to gradually roll out the program from March to some 150 group companies.
A pedestrian walks outside an Aeon store near Kofukuji Matsubara shopping street in Yokohama in April 2022.
BUSINESS
Jan 29, 2024
Japan's Aeon in exclusive talks to buy Tsuruha stake from Oasis
An increase in Aeon's stake would add to its drugstore business, a key growth driver for the firm.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Aeon to raise wages for part-time staff by 7% on average as inflation bites
With the large wage hike, Aeon aims to maintain the standard of living of its part-timers amid soaring prices and boost its productivity by securing skilled workers.
Japan Times
BUSINESS / Longform
Jan 30, 2023
Reining in Japan’s unstoppable urban sprawl
The world’s most rapidly aging nation wants its shrinking population to concentrate in regional urban centers. However, things aren't going as planned.
Japan Times
BUSINESS / Economy
Jun 23, 2022
Consumers are racking up rewards in Japan by buying green
People can use points earned at certain shops toward things like online purchases, airline mileage points or even, in some cases, investments.
BUSINESS / Companies
Feb 5, 2020
Aeon Financial Service to enter life insurance market
Aeon Financial Service Co. has announced a plan to enter the life insurance business by acquiring a Japanese unit of German insurer Allianz SE.
Japan Times
BUSINESS
Jan 9, 2020
Japan supermarkets woo customers with cheaper U.S. foods after trade deal
With the Japan-U.S. trade agreement going into force on Jan. 1, major Japanese supermarkets have started slashing prices on U.S. products affected by the tariff cuts in a bid to attract customers.
Japan Times
BUSINESS
Aug 28, 2019
Japan credit card firms may apply discounts to monthly payments to ease impact of tax hike
Major credit card companies are considering deducting points earned during purchases from the balance requiring payment, under a government rebate program intended to cushion the impact of the consumption tax hike planned for October, it was learned Tuesday.
BUSINESS
Jul 9, 2019
Japan grants certification for first time to 'information banks'
The Information Technology Federation of Japan has certified FeliCa Pocket Marketing Inc. and Sumitomo Mitsui Trust Bank as "information banks" to allow companies to use personal data for business purposes.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

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