BUSINESS

Nov 14
With Japan having suffered extensive damage from a number of natural disasters this year, the country's three top damage insurers are expected to pay out a record 1 trillion yen ($8.7 billion) in combined insurance claims in fiscal 2018 through March 2019. (Nikkei)
Nov 14
SoftBank Group has set the stage for what is likely to be one of the largest initial public offerings ever, with its move to float mobile phone unit SoftBank Corp. But as Chairman and CEO Masayoshi Son completes the conglomerate's divergence into an investing holding company and a wireless provider, market watchers see significant risks on both fronts. (Nikkei)
Nov 13
SoftBank Group Corp. is seeking to raise ¥2.4 trillion in the initial public offering of its domestic telecommunications operations scheduled for Dec. 19. (Japan Times)
Nov 11
The series of quality compliance scandals that has rocked Japanese manufacturing has unmasked the sobering truth that workers were often tempted to take shortcuts in quality testing as they struggled to keep up production at decaying and short-handed plants. (Nikkei)
Nov 09
Toshiba Corp. on Thursday announced its five-year business reform plan to revamp its operations, with thousands of global job cuts, a withdrawal from its nuclear plant construction business in Britain and a sell-off of a U.S. liquefied natural gas operation on the agenda. (Japan Times)

Nov 08
Japan Post Co. on Wednesday began transporting documents by drone in Fukushima Prefecture, the first operation of its kind in Japan, following easing of regulations to cope with labor shortages in the transport industry. (Japan Times)
Nov 07
Fishing season for snow crabs, a winter delicacy, began in the Sea of Japan on Tuesday. (NHK)
Nov 07
Toyota Motor reported record sales for the 6-month period to September thanks to demand in Asia, including China. (NHK)
Nov 02
KDDI and Rakuten said Thursday they will share each other's assets while competing to offer services in their respective fields, as the telecom operator debuts e-commerce services and the online retailer enters the mobile space. (Nikkei)
Nov 01
Japan's top wireless carrier, NTT Docomo, will lower its service charge by 20% to 40% while giving subscribers more freedom on phones, including letting them bring unlocked and secondhand devices to its network. (Nikkei)

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