Dec 29, 2013

Small firms lack contingency plans for major earthquake in Tokyo

While major businesses are prepared to keep their head offices running if a huge earthquake strikes Tokyo, smaller businesses are lagging with their contingency plans, posing a threat to the supply chains of the big manufacturers. The Central Disaster Management Council says there is ...

Japan Inc. doubles profit on quick cost-cutting moves

Nov 18, 2013

Japan Inc. doubles profit on quick cost-cutting moves

by Anna Mukai

Companies that made tough decisions about exiting businesses, closing factories and revamping management led to a doubling of corporate earnings last quarter, now at the highest level since 2007. Net income jumped to about ¥5.5 trillion at more than 1,280 of the largest listed ...