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Giappone
Auto output in Japan up 9.2% on year in August
Japan’s automobile production rose 9.2 percent in August from a year earlier to 621,349 vehicles, data released by eight major carmakers showed Wednesday, indicating many have fully recovered from disruptions caused by earthquakes this spring. Domestic production at Japan’s top three automakers — Toyota Motor Corp., Nissan Motor Co. and ...
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Giappone
Japan’s private-sector wage average rises for third straight year
The average earnings of private-sector workers in Japan in 2015 increased ¥54,000 from the preceding year to ¥4,204,000, up for the third year in a row, the National Tax Agency said in a survey report Wednesday. The increase apparently reflected improvements in the employment situation, such as an increase in ...
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Giappone
Have a moving seat: Nissan applies autonomous vehicle tech to chairs
Hate standing in line at your favorite restaurant? Carmaker Nissan claims to have just the thing for those sore legs. A company video released Tuesday re-enacts a busy restaurant with patrons waiting outside. They’re all sitting in a row of chairs but they won’t have to stand when the next ...
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Giappone
Dollar firmer near ¥100.80 in Tokyo amid Euro selling
The dollar climbed to levels near ¥100.80 in Tokyo trading late Wednesday, on the back of euro selling against the U.S. unit. At 5 p.m., the dollar stood at ¥100.74-76, up from ¥100.53-54 at the same time Tuesday. The euro was at $1.1191-1193, down from $1.1248-1248, and at ¥112.76-77, down ...
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Giappone
Environment minister urges Eurus to scale back Hokkaido wind project
Environment minister Koichi Yamamoto is urging the planners of a wind development project on the northern island of Hokkaido to scale back the operation out of concern for how the plan would affect rare birds found in the area. Tokyo-based Eurus Energy Holdings Corp., along with Wakkanai Green Factory Co., ...
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Giappone
Japan to tighten taxation rules on overseas dummy companies
The government will tighten taxation rules on dummy companies set up in foreign countries with low corporate tax rates in order to prevent tax avoidance, government sources said. The new taxation rules call for imposing the nation’s corporate tax rate on dummy corporations overseas regardless of tax rates adopted by ...
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Giappone
Uber starts food delivery in Japan after ride-sharing fails to take off
Uber, which has struggled to win Japan over to its ride-sharing service, is hoping to fare better with takeout deliveries. UberEats opens Thursday, initially just in central Tokyo, ranging from simple dishes costing just hundreds of yen to Michelin-star dining at the equivalent of hundreds of dollars. Delivery is free ...
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Giappone
Tokyo stocks tumble on weak financials, ex-dividend impact
Stocks fell back sharply on the Tokyo Stock Exchange Wednesday, reflecting the weakness of financial issues and an ex-dividend impact. The 225-issue Nikkei average plunged 218.53 points, or 1.31 percent, to end at 16,465.40. On Tuesday, the key market gauge climbed 139.37 points. The Topix index of all first-section issues ...
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Giappone
Toshiba more than doubles profit outlook as yen drives sales
Toshiba Corp. raised its forecast for first-half operating profit to ¥70 billion from ¥30 billion, crediting growth in storage and electronic devices for a more than doubling of its earnings outlook. A weaker-than-expected yen and sales of hard drives and smartphone memory are the main factors, the company said in ...
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Giappone
Department store closures mark end of an era
On a recent weekday morning, the Sogo department store in Kashiwa, Chiba Prefecture, is unusually crowded with shoppers flocking to a closing down sale before it shuts its doors for good on Friday. Many stop to take pictures of a sign at the entrance displaying the number of days remaining ...