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.
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.
Aeon Financial Service Co. has announced a plan to enter the life insurance business by acquiring a Japanese unit of German insurer Allianz SE. The financial service firm associated with major retailer Aeon Co. said Tuesday it would buy 32,400 new shares to be issued ...
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. Yoshida, 59, will succeed Motoya Okada, 68, a member of the founding family of the retailer, who will become ...
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. Ito-Yokado Co. launched a six-day sale at some 130 outlets on Wednesday, lowering ...
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. Observers have suggested such a move would ...
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. The certification, announced Monday, is the first of its kind. It is based on a ...
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. The company will double the value of products it procures from Vietnam ...
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. Shop clerks at about 550 Aeon stores now carry smartphones or tablet devices that can access interpreters through video chat software to assist non-Japanese ...
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. After all, other global supermarket operators, such as Britain's Tesco PLC and France's ...
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. The three companies are discussing a joint venture to sell ...
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.
