Tag - aeon

 
 

AEON

Aeon plans to spend about ¥102.3 billion to acquire a 13.6% additional stake in Tsuruha from Hong Kong-based hedge fund Oasis Management.
BUSINESS / Companies
Feb 28, 2024
Retailer Aeon to merge with drugstore chains Tsuruha and Welcia
The three companies said they will seek to expand their businesses outside Japan.
Aeon is aiming to encourage male workers to take child care leave. While almost all of its female employees currently take child care leave when they have a child, the rate for male employees is only 15%.
BUSINESS
Feb 2, 2024
Aeon employees to receive 100% of income during child care leave
The retailer aims to gradually roll out the program from March to some 150 group companies.
A pedestrian walks outside an Aeon store near Kofukuji Matsubara shopping street in Yokohama in April 2022.
BUSINESS
Jan 29, 2024
Japan's Aeon in exclusive talks to buy Tsuruha stake from Oasis
An increase in Aeon's stake would add to its drugstore business, a key growth driver for the firm.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Aeon to raise wages for part-time staff by 7% on average as inflation bites
With the large wage hike, Aeon aims to maintain the standard of living of its part-timers amid soaring prices and boost its productivity by securing skilled workers.
Japan Times
BUSINESS / Longform
Jan 30, 2023
Reining in Japan’s unstoppable urban sprawl
The world’s most rapidly aging nation wants its shrinking population to concentrate in regional urban centers. However, things aren't going as planned.
Japan Times
BUSINESS / Economy
Jun 23, 2022
Consumers are racking up rewards in Japan by buying green
People can use points earned at certain shops toward things like online purchases, airline mileage points or even, in some cases, investments.
Japan Times
BUSINESS
Feb 21, 2021
Japan's green growth plan propels firms to sharpen environment focus
Prime Minister Yoshihide Suga's pledge to make Japan carbon neutral by 2050 has driven trading houses to review their heavy reliance on natural resources.
Japan Times
BUSINESS
Feb 2, 2021
Suzuki halts production in Myanmar after coup as Japan firms scramble to assess fallout
Major Japanese firms including Kirin Holdings have pushed into Myanmar since Suu Kyi's party won a landslide election in 2015.
BUSINESS / Companies
Feb 5, 2020
Aeon Financial Service to enter life insurance market
Aeon Financial Service Co. has announced a plan to enter the life insurance business by acquiring a Japanese unit of German insurer Allianz SE.
BUSINESS / Companies
Jan 11, 2020
Japanese retail giant Aeon appoints first new president in 23 years
Japanese retail giant Aeon Co. has promoted Executive Vice President Akio Yoshida to president effective March 1, the first change in the post in 23 years.
Japan Times
BUSINESS
Jan 9, 2020
Japan supermarkets woo customers with cheaper U.S. foods after trade deal
With the Japan-U.S. trade agreement going into force on Jan. 1, major Japanese supermarkets have started slashing prices on U.S. products affected by the tariff cuts in a bid to attract customers.
Japan Times
BUSINESS
Aug 28, 2019
Japan credit card firms may apply discounts to monthly payments to ease impact of tax hike
Major credit card companies are considering deducting points earned during purchases from the balance requiring payment, under a government rebate program intended to cushion the impact of the consumption tax hike planned for October, it was learned Tuesday.
BUSINESS
Jul 9, 2019
Japan grants certification for first time to 'information banks'
The Information Technology Federation of Japan has certified FeliCa Pocket Marketing Inc. and Sumitomo Mitsui Trust Bank as "information banks" to allow companies to use personal data for business purposes.
Japan Times
BUSINESS / Companies
Jun 14, 2019
Aeon plans to quadruple product sourcing from Vietnam by 2025
Retail giant Aeon Co. plans to purchase $1 billion worth of products from Vietnam in 2025, with the nation seen as having great potential as a supplier of quality food for Japanese consumers.
Japan Times
JAPAN
Feb 1, 2019
Aeon rolls out real-time video interpreting service for non-Japanese customers in 10 languages
In light of an increasing number of foreign customers, supermarket giant Aeon Co. on Friday launched a real-time video interpreting service.
Japan Times
BUSINESS / Companies / ANALYSIS
Jul 31, 2018
Walmart may be on the cusp of making its final checkout from the Japanese retail market
With speculation rife that Walmart Inc. is seeking to offload Seiyu, its Japanese subsidiary, the U.S. retail behemoth's possible failure may be interpreted as the result of this country's ultracompetitive retail market.
BUSINESS / Companies
Feb 19, 2018
Aeon Mall to open sprawling new facility at former Space World site in Kitakyushu as early as 2021
Shopping mall developer Aeon Mall Co. will open a commercial complex, by 2021 at the earliest, at a lot in Kitakyushu where amusement park Space World once stood, according to local government officials.
Japan Times
BUSINESS
Feb 9, 2018
SoftBank, Aeon and Yahoo Japan mull online shopping business as Son works on ride-hailing app with China's Didi
SoftBank Group Corp., Aeon Co. and Yahoo Japan Corp. are considering launching a joint online shopping business to catch up to U.S. online retail giant Amazon.com Inc., a source close to the matter said Friday.
Japan Times
BUSINESS
Jan 3, 2018
Retail giant Aeon evolves to engage Japan's aging customer base
The company has renovated 13 outlets across the country to cater to seniors, offering earlier opening hours and services that encourage asatomo (morning friends) get-togethers.
BUSINESS / Companies
Nov 23, 2017
KDDI to buy English school operator Aeon Corp. in January
Mobile carrier KDDI Corp. will wholly acquire Aeon Corp., the nation's second-largest English conversation school operator, in January in a step to expand its business into the education field.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on