Feb 7, 2017

Japan, Thailand to jointly rev up SMEs with business matching

Japan and Thailand have agreed to expand collaboration for the development of small and medium-size enterprises (SMEs) by mutually encouraging business-matching deals between firms of the two countries. A memorandum of understanding on further synergy was inked last week between Japan’s Organization for Small ...

Japan's business gift culture says it with orchids

Feb 2, 2017

Japan's business gift culture says it with orchids

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In Japanese business celebrations, there’s one thing you’ll almost always see: orchids. Pots of the exotic flowers, which often sell for about ¥20,000 ($176), will be there in a newly appointed president’s office, at the entrance of a company that just finished its initial ...

Major Japanese firms' winter bonuses up for fourth straight year

Dec 22, 2016

Major Japanese firms' winter bonuses up for fourth straight year

Winter bonuses at Japanese companies employing more than 500 people averaged ¥880,736 ($7,500), up 0.02 percent from the previous year and rising for the fourth straight year, the country’s major business lobby said Wednesday. Winter bonuses at Japanese manufacturers averaged ¥900,490, up 0.47 percent ...

Nov 20, 2016

Japan IT firms prep for Thailand's digital thrust

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Japanese firms specializing in information and communication technology solutions are gearing up to meet increasing demand from Thai businesses as Bangkok attempts to drive the country forward on the strength of the digital economy. The Internal Affairs and Communications Ministry has signed agreements with ...

| Nov 7, 2016

Close U.S. race keeps Japanese CEOs in suspense

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As the prospect of a tight U.S. presidential race continues to leave financial markets in a state of uncertainty, Japanese companies remain on alert for any clues that could prompt them to change their business plans. The yen’s strengthening against the dollar, in particular, ...

Oct 11, 2016

Corporate bankruptcies fell to 26-year low in April-September

The number of corporate bankruptcies in the April-September half fell 3.9 percent from a year before to 4,217, the fewest in 26 years for the period, according to Tokyo Shoko Research Ltd. The total declined for the eighth consecutive fiscal first half, hitting the ...

Japanese firms eye business opportunities in Russia

Sep 6, 2016

Japanese firms eye business opportunities in Russia

Japanese companies are keeping their eyes peeled for emerging business opportunities in Russia following Prime Minister Shinzo Abe’s announcement of an eight-point cooperation plan with the country in May. To help realize the plan, Japanese firms aim to accelerate investments in resource development and ...

Aug 12, 2016

First-quarter profit fell by 16% for major Japan firms

Major nonfinancial companies saw year-on-year profits fall by 15.9 percent in the first quarter, thanks largely to the pricey yen, data show. Combined sales shrank 5.9 percent, according to the tally for April to June. The figures cover the 1,219 firms listed on the ...

Kishida urges Britain to ensure stable environment for Japanese firms

Jun 30, 2016

Kishida urges Britain to ensure stable environment for Japanese firms

Japan and Britain have agreed to work closely following the latter’s vote to leave the European Union, including addressing worries among Japanese companies of problems they may face, Japan’s Foreign Ministry said. In talks by phone on Wednesday, Foreign Minister Fumio Kishida requested that ...

Jun 1, 2016

Crisis management driving Japan Inc. deals as firms divest

The nation’s companies are targeting mergers and acquisitions abroad as the third-largest economy stagnates, yet it is crisis management that is driving deal volume in the country this year, not international expansion. Announced acquisitions involving Japanese firms as the target or asset seller in ...