FamilyMart Uny to make discount operator Don Quijote its affiliate
Kyodo -- 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.

FamilyMart Uny will also sell its entire stake in struggling supermarket unit Uny Co. to the discount store operator, which currently owns 40 percent of shares under a capital alliance formed last year, aiming to focus on its convenience store operations, the second-largest in size in Japan.

FamilyMart Uny hopes to further capitalize on the know-how of Don Quijote whose flashy shops are popular with young people and foreign tourists, in the face of fierce competition with the rise of online retailers, discount stores and drugstores.

News source: Kyodo
Feb 18
By changing his lead attorney from a former prosecutor known as "the breaker" to a hotshot trial lawyer nicknamed "the acquitter", Carlos Ghosn plans a defense in his own image -- combative and media-savvy, experts say. (Japan Today)
Feb 17
With 125 million citizens and the world's third largest GDP, Japan is an important market force. (newsonjapan.com)
Feb 16
Soft drink companies in Japan have put aside their long-held fear of losing market shares, moving to raise prices amid soaring expenses for labor and materials. (Nikkei)
Feb 12
Convenience store operator Family Mart Co. on Monday announced the dismissal of a male employee after the emergence of a video showing him licking items, the latest of several similar incidents involving a food-related company in the last week, reports TV Asahi (Feb. 12). (tokyoreporter.com)
Feb 09
The parent company of All Nippon Airways will invest in the operator of Philippine Airlines to take advantage of growing demand for travel in Asia. (NHK)
Feb 08
Rental unit provider Leopalace21 said Thursday that possible construction code violations were found in an additional 1,324 of its apartment buildings, a discovery that will require the relocation of roughly 14,000 tenants. (Nikkei)
Feb 07
Lawson Inc. said Wednesday it closed two of its franchise convenience stores after discovering they had systematically falsified expiration times on some food items prepared in the stores over a period of several years. (Japan Times)
Feb 06
Nissan Motor decided Tuesday to hold an extraordinary shareholders meeting on April 8, where the Japanese automaker is expected to dismiss former Chairman Carlos Ghosn and his onetime deputy Greg Kelly from the board of directors. (Nikkei)
Feb 03
The government has announced standards it hopes to set for casino resorts — to be built by the mid-2020s — requiring them to have hotels and conference rooms that would be among the biggest in the country. (Japan Times)
Feb 02
Major hamburger chain operator Mos Food Services Inc. has said it will switch from plastic to paper cutlery for takeout food at its corporate-owned outlets as it joins growing efforts to tackle the issue of plastic waste littering the oceans. (Japan Times)