Execs at four major Japanese insurers, including Tokio Marine & Nichido Fire Insurance, will take pay cuts over price fixing.
BUSINESS / Companies
Mar 1, 2024
Four general insurance firms punish 132 people over price-fixing
The four general insurers, including Tokio Marine & Nichido Fire Insurance, also submitted business improvement plans to the Financial Services Agency.
Japan Airlines has kicked off an unmanned drone service to deliver goods and medical supplies in the remote town of Setouchi.
BUSINESS / Companies
Feb 29, 2024
Japan Airlines starts drone service in remote areas for disasters
The carrier is working with local authorities in the town of Setouchi, a tiny inlet in Okayama Prefecture that's home to 8,000 residents.
Starbucks workers hold a rally in New York City in 2022.
BUSINESS / Companies
Feb 29, 2024
Starbucks' pivot on union may shape labor relations beyond its stores
The iconic coffee chain has been locked in a bitter, high-profile and multifront battle with the union across the U.S. since its first win in 2021.
On display at the new 7-Eleven store in Matsudo, Chiba Prefecture, are about 2,000 additional products that aren’t usually carried in 7-Elevens, including fresh fruit, diapers and hair-care products.
BUSINESS / Companies
Feb 29, 2024
Seven & I Holdings explores market for bigger 7-Elevens
Its new store in Chiba Prefecture will have more than twice the number of products and is almost double the size of regular outlets.
Advantest’s stock price has climbed 44% this year already, hitting record highs.
BUSINESS / Companies
Feb 29, 2024
Japan’s Advantest taps American to become next CEO
Douglas Lefever will become chief executive officer as of April 1, in a rare example of a foreign citizen taking the helm of a major Japanese corporation.
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.
Takeda Pharmaceutical is in talks to make its dengue vaccine available in India.
BUSINESS / Companies
Feb 28, 2024
Takeda in regulatory talks to launch dengue vaccine in India
Takeda's dengue vaccine is currently available for children and adults in countries like Indonesia, Thailand, Argentina and Brazil.

Longform

Hideo Shimoju points to a possible site that his fellow neighbors may relocate to. Such relocations have happened before, but not preemptively.
In disaster-prone Japan, some communities consider major moves