BUSINESS – 5

Oct 25
Isetan Mitsukoshi Holdings Ltd. reopened its flagship Nihonbashi Mitsukoshi department store Wednesday, after a renovation that includes a new first floor designed by architect Kengo Kuma. (Japan Times)
Oct 23
Two major construction companies were Monday ordered to pay fines totalling 380 million yen for colluding to win contracts on the Japan's maglev project. (Japan Today)
Oct 22
A government advisory panel has approved a set of proposals for plastic recycling, including making it mandatory for retailers to charge for plastic shopping bags. (Japan Times)
Oct 20
Scandal-hit KYB Corp. on Friday disclosed the names of 70 government and municipal office buildings that used, or are suspected of having used, substandard earthquake shock absorbers in their construction. (Japan Times)
Oct 18
The landmark Tokyo Skytree tower, facilities for the 2020 Tokyo Olympic and Paralympic Games and more government offices are among the nearly 1,000 buildings using earthquake shock absorbers produced by KYB Corp, which admitted cheating quality inspection data for more than a decade, officials said Wednesday. (Japan Today)

Oct 17
An unmanned store using artificial intelligence instead of cashiers is set to open on a trial basis at a station in Tokyo. (NHK)
Oct 13
The head of NHK said Friday the Japanese public broadcaster aims to lower its subscription fees, possibly from fiscal 2019, after a government panel made it a condition for the company to start simultaneous online streaming of its television programs. (Japan Today)
Oct 12
Major Japanese retailer FamilyMart Uny Holdings Co. said Thursday it will make discount store operator Don Quijote Holdings Co. its affiliate in a deeper capital tie-up amid intensifying competition in the shrinking domestic retail market. (Kyodo)
Oct 11
Accommodation service provider Airbnb says it will review its contract terms with private lodging operators in Japan. (NHK)
Oct 11
A study group at the Ministry of Internal Affairs and Communications held its first meeting Wednesday, where it discussed ways to spur industry competition with the aim of lowering mobile phone fees in the nation. (Japan Times)

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