Business Topics

U.S. burger chain Shake Shack coming to Japan next year

Feb 18, 2015

U.S. burger chain Shake Shack coming to Japan next year

American hamburger chain Shake Shack Inc. says it will open its first outlet in Tokyo in 2016 and plans nine more throughout Japan by 2020. “We are absolutely thrilled to bring our first Shack to Tokyo,” Shake Shack CEO Randy Garutti said in a ...

Orix mulls aiding bankrupt Skymark Airlines

Feb 17, 2015

Orix mulls aiding bankrupt Skymark Airlines

Leasing firm Orix Corp. may invest in bankrupt Skymark Airlines Inc. as the carrier restructures, sources close to the matter said on Tuesday. Orix is one of the nation’s biggest nonbank financial companies. Its businesses include aircraft leasing. It plans to inform Skymark by ...

Feb 17, 2015

YKK may become first company to get tax breaks for relocating Tokyo HQ

Major fastener-maker YKK Corp. may become the first company to receive tax breaks that the central government plans to offer to Tokyo-based firms that move their headquarters operations outside the capital, according to informed sources. The government will introduce the tax-benefit program in fiscal ...

Feb 17, 2015

Japan Tobacco acquires rights to U.S. firm Ploom Brand

Japan Tobacco Inc. said Tuesday its international division, Japan Tobacco International, has acquired patents and trademarks related to the tobacco vaporization device business from U.S. company Ploom Inc. The value of the deal was not disclosed. Ploom will buy back the 27 percent equity ...

NTT Docomo bundles mobile and broadband, shaking up sector

| Feb 17, 2015

NTT Docomo bundles mobile and broadband, shaking up sector

NTT Docomo Inc. is set to launch a discount mobile phone price plan bundled with broadband communications that use the fiber-optic networks of Nippon Telegraph and Telephone Corp. group companies, in a move that’s expected to spur competition in the industry. The nation’s largest ...

Japanese carmakers move to counter shifts in key U.S. market

| Feb 17, 2015

Japanese carmakers move to counter shifts in key U.S. market

With car sales booming and the spring trading season about to get underway, Japanese and Korean carmakers are starting to feel the pressure from resurgent American competitors. But the Japanese carmakers, counting on the American market for profits, insist they welcome the competition and ...

Japan's automakers returning to major racing events

Feb 17, 2015

Japan's automakers returning to major racing events

Honda Motor Co. and other Japanese automakers are returning to major international racing events as their earnings, dented by the fallout of the Lehman Brothers collapse in 2008, are back into overdrive thanks to the yen’s fall and cost reductions. This year, Honda will ...

Feb 16, 2015

Fanuc to invest ¥130 billion in new plant, lab expansion

Fanuc Corp. said Monday it will spend ¥130 billion to build a new plant and expand an existing research facility. The maker of industrial robots wants to boost its capacity to turn out products such as digital control machines, a component of machine tools. ...

Feb 15, 2015

NTT develops 'protean light' which allows still images to 'move'

Nippon Telegraph and Telephone Corp. has developed a special light that adds motion to still images, company officials said Sunday. Still images, such as photos and paintings, are composed of colors and shapes. The newly developed “protean light” lets the brain connect the colors ...

Feb 14, 2015

Takata air bags for 990,000 cars not fixed yet in Japan

The transport ministry said Friday that problems with Takata Corp. air bags had not been fixed for 991,377 cars as of the end of January. The number accounted for one-third of the 3.05 million cars subject to recalls due to defective Takata air bags. ...