BUSINESS – 6

Nov 16
Japan's 3 major financial groups are reporting their earnings for the April-to-September period. Two saw their operating profits fall, as prolonged low interest rates ate into their earnings. (NHK)
Nov 14
Uber’s tie-up with SoftBank suggests the ride-hailing giant is set to come of age in the business world, but it still faces a long road ahead. (Japan Times)
Nov 13
The Fire and Disaster Management Agency plans to make the installation of hydrogen filling stations easier by revising ordinances related to the fire service law in fiscal 2018, in order to help promote the use of fuel cell vehicles, Jiji Press has learned. (the-japan-news.com)
Nov 11
Miyagi Prefectural Police have arrested a former employee of a subsidiary of trading company Mitsui & Co. in Sendai who is suspected in the embezzlement of nearly 200 million yen, reports the Sankei Shimbun (tokyoreporter.com)
Nov 09
Troubled Japanese conglomerate Toshiba said Thursday it logged a net loss of $436 million for the fiscal first half, as it moves to complete the multi-billion-dollar sale of its chip business to restore its balance sheet. (nationmultimedia.com)

Nov 09
Police on Wednesday arrested the president and a former employee of failed travel agency Tellmeclub, which offered budget overseas tours, on suspicion of defrauding a bank of about ¥200 million ($1.76 million) in loans by window-dressing earnings data. (Japan Times)
Nov 09
US online retail giant Amazon has launched a line of voice-controlled AI speakers capable of understanding Japanese. (NHK)
Nov 08
The number of Japanese restaurants abroad totaled some 118,000 in October, posting a fivefold jump in about 10 years, an agriculture ministry survey showed Tuesday. (Jiji)
Nov 07
Airbnb Inc. said Monday it has signed a partnership agreement with Japan’s largest carrier, All Nippon Airways Co., and its subsidiary, Peach Aviation Ltd., in a bid to solicit more demand for domestic travel. (Japan Times)
Nov 07
The number of visitors to the just-ended 45th Tokyo Motor Show totaled 771,200, down 5.1 percent from the 812,500 attendance at the last show in 2015, the Japan Automobile Manufacturers Association has said. (Japan Times)

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