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Thirsty? This ryokan's faucets run with mandarin juice

Jul 28, 2016

Thirsty? This ryokan's faucets run with mandarin juice

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Takashi Oyabu is the president of a company in Matsuyama, Ehime Prefecture, that operates tourist infrastructure with a difference. Its portfolio includes ryokan (traditional inns), restaurants and shops that sell high-end, locally made items such as towels and ceramics. In the lobby of Dogo ...

Panel agrees to boost Japan's minimum hourly wage by ¥24

Jul 27, 2016

Panel agrees to boost Japan's minimum hourly wage by ¥24

A government advisory panel on Tuesday agreed to recommend raising the country’s average minimum hourly wage by ¥24, or 3 percent, for fiscal 2016. The increase will bring the average minimum hourly wage to ¥822 for the year that started in April. This marks ...

Jul 27, 2016

Nissan profit declines 11% on stronger yen, Japan deliveries

Nissan Motor Co. posted a 11 percent drop in quarterly profit as a stronger yen eroded overseas earnings and domestic sales of minicars supplied by Mitsubishi Motors Corp. slumped after a mileage scandal. Net income in the quarter through June declined to ¥136.4 billion ...

Jul 27, 2016

Mitsui to invest in growing Asia hospital business

Mitsui & Co. said Wednesday that it will invest in the Columbia Asia group, which operates medical institutions in Asia. The major Japanese trading house will invest $101 million in the group’s holding company, International Columbia U.S. LLC, to acquire a 16.2 percent stake ...

Jul 27, 2016

Line posts a profit in its first report card since global IPO

Line Corp. posted a profit in its first earnings report since ushering in the year’s biggest technology debut, as monthly active users rose to 220 million. Japan’s largest mobile messaging service announced ¥2.56 billion ($24.3 million) of net income in the six months through ...