Business Topics

Don Quijote to add more family-style 'Mega' stores

Aug 5, 2015

Don Quijote to add more family-style 'Mega' stores

Don Quijote Holdings Co. plans to open a series of large general merchandise stores with enhanced lineups of food products and consumable goods, said Koji Ohara, president and chief executive officer of the discount store operator, in a target shift to draw more business ...

Netflix Japan debut set for Sept. 2 as service moves into Asia

Aug 5, 2015

Netflix Japan debut set for Sept. 2 as service moves into Asia

Netflix will expand into Japan next month, giving the Internet video service its first presence in Asia. Japanese subscribers will be able to start watching Netflix on Internet-connected devices beginning Sept. 2. Netflix already sells its services in dozens of other countries outside the ...

Aug 5, 2015

Takata's lobby spending rises 22% as recall scrutiny intensifies

Takata Corp. boosted spending on U.S. federal lobbying by 22 percent in the second quarter as it faced increased attention from regulators and lawmakers about faulty air bags behind the auto industry’s largest recall in history. The Japanese auto parts-maker paid $390,000 (¥48.5 million) ...

Aug 4, 2015

Major Japanese firms post robust profit growth in April-June

Major Japanese firms posted robust year-on-year profit rises in the April-June quarter due to the yen’s decline, an oil price plunge and fading adverse effects of the consumption tax hike in April 2014, according to data compiled by a major brokerage. The combined pretax ...

Aug 4, 2015

Hokuetsu Kishu won't merge with Daio Paper

Hokuetsu Kishu Paper Co. has no plans to merge with Daio Paper Corp. anytime soon, the president of Hokuetsu, the fifth-largest paper-maker in Japan, said in a recent interview. Hokuetsu has a stake of over 20 percent in Daio, the fourth-biggest paper-maker. Hokuetsu President ...

Retty plans IPO to fund global expansion of restaurant review app

Aug 3, 2015

Retty plans IPO to fund global expansion of restaurant review app

Retty Inc., the Japanese restaurant-review app backed by an arm of Fidelity Worldwide Investment, plans a domestic initial public offering by mid-2017 to fund expansion into global cities, from San Francisco to Hong Kong. Retty aims to start offering an English-language smartphone app and ...