BUSINESS NEWS

Aug 06
The average summer bonus at major Japanese companies this year dropped 2.17 percent from a year earlier to ¥901,147, a Japan Business Federation survey showed Wednesday. (Japan Times)
Aug 06
Uber Technologies has begun to offer a food delivery subscription in Japan that replaces per-order fees, tapping into the growing demand from consumers holed up at home from the coronavirus. (Nikkei)
Aug 05
Japan’s decision to offer an initial group of 87 companies subsidies totalling US$653 million to expand production at home and in Southeast Asia has sparked debate whether the world’s third largest economy is trying to gradually decouple from China. (scmp.com)
Aug 05
About 60 percent of people in the nation who developed cold-like symptoms during the first wave of the novel coronavirus pandemic, between February and May, went to work despite a request by the government for them not to do so, a recent survey has found. (Japan Times)
Aug 05
McDonald's Holdings (Japan) has staged a dramatic comeback in the five years since a crisis triggered by food-safety scandals, breaking sales records and thriving on takeout demand in the middle of a pandemic. (Nikkei)
Aug 04
Nippon Steel decided on Tuesday to immediately appeal a South Korean court ruling that took effect the same day that allows for the seizure of company assets as compensation for wartime labor during Japanese colonial rule. (Nikkei)
Aug 04
A survey by credit research firm Teikoku Databank shows 400 businesses in Japan have gone under due to the effects of the coronavirus pandemic. (NHK)
Aug 04
Mitsubishi Motors expects to post a net loss of over 3 billion dollars this fiscal year. But the CEO tells NHK he plans to rebuild the company's business with a focus on Southeast Asia. (NHK)
Aug 04
Japan Airlines has posted a big net loss for the April-June quarter, as the coronavirus pandemic continues to devastate the global aviation industry. (NHK)
Aug 04
A major Japanese food chain, Curry House CoCo Ichibanya, on Monday opened a restaurant in India, the home of curry dishes. (NHK)
Aug 04
Japanese retail group Seven i Holdings plans to expand its web of U.S. convenience stores to 20,000 following the $21 billion deal to buy American counterpart Speedway, it was learned Monday. (Nikkei)
Aug 03
A Japanese government-linked organization will help local companies export made-in-Japan refined crafts including stationery, furniture and accessories through online business meetings with overseas buyers amid the coronavirus pandemic. (Japan Today)
Aug 03
Major Japanese automakers are returning domestic factories to normal production levels. The companies say global demand for automobiles is on the mend. (NHK)
Aug 03
Tea shops, tea houses, tea bars or tea cafes. Whatever name they go by, spaces specializing in tea are popping up all over Japan and drawing a heavily female clientele, offering beverages with fruity aromas and Instagram-worthy colors. (Nikkei)
Aug 03
At a symposium with entrepreneurs in July, Chinese President Xi Jinping praised the founder of Japanese electronics company Panasonic as a visionary alongside the likes of Thomas Edison. (Nikkei)
Aug 02
A virtual-reality jacket that replicates the sense of touch, a belt that predicts when a pregnant mother will go into labor, and even a vest that monitors the health of your precious pooch: these are just some of the products emerging in Japan's fast-growing market for smart clothing. (Nikkei)
Aug 01
SMBC Nikko Securities, a top Japanese brokerage house, will allow clients to open an account without the need to provide 'hanko' seals on their contracts at all its branches starting this month. All they will need is a Nikko sales representative to fill in a form on an iPad and take photos of their IDs using the tablet. (Nikkei)
Aug 01
Mitsubishi Motors Corp.’s announcement on Monday of the closure of a factory that manufactures its Pajero SUV came as a shock to the town of Sakahogi, Gifu Prefecture, where the plant is located. (Japan Times)
Aug 01
Asian nations are renowned for their approach to education, with Japan ranked in the top 10 from a global perspective. (newsonjapan.com)
Jul 31
If you would like to work in Japan, here are 5 Japanese business taboos. (Ask Japanese)

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