BUSINESS – 7

Jun 22
Japan's fleet of internet-connected trucks is expected to grow by 150% to more than 500,000 in 2020 as commercial vehicle makers cater to a logistics industry suffering from a driver shortage, corporate plans show. (Nikkei)
Jun 21
Japanese paper manufacturers were expecting a shrinking market due to the declining population but are expanding output instead due to an unexpected boost -- a surge in foreign tourists pushing up demand, inevitably, for toilet paper. (Japan Today)
Jun 20
Following Mercari's blockbuster stock market debut Tuesday, Japan's lineup of unlisted startups valued above $1 billion has shrunk to basically two, underscoring the domestic tech industry's persistent failure to cultivate unicorns. (Nikkei)
Jun 20
The Japanese operator of a popular app that matches buyers and sellers of used goods has gone public. (NHK)
Jun 15
A day before a new law on minpaku (private lodging services) takes effect, Airbnb Inc. on Thursday welcomed the change and reinforced its commitment to the Japanese market with fresh initiatives. (Japan Times)

Jun 14
To help prevent home accidents, Amazon Japan K.K. and a public entity that evaluates product safety signed an agreement Wednesday under which the online retail giant will share complaint information on consumer goods and home electronics. (Japan Times)
Jun 14
Japan's Toyota Motor is stepping up its alliance with Southeast Asia's leading ride-hailing firm amid growing interest in such services worldwide. (NHK)
Jun 13
Opiria is gaining more and more exposure as of late, which is unsurprising given their creative and original idea. (newsonjapan.com)
Jun 12
Mercari Inc. priced its initial public offering at the top of the range to sell ¥130.5 billion ($1.2 billion) worth of shares, a valuation that's set to make its 40-year-old founder a billionaire. (Japan Times)
Jun 12
The Cool Japan Fund is pulling out of a department store joint venture in Kuala Lumpur. The public-private institution invests in projects that promote Japanese goods and services overseas. (NHK)

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