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May 04, 2024
 

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Japan Times
BUSINESS
Sep 4, 2019
Uniqlo operator partners with U.N. agency in bid to improve working conditions in Asia
Fast Retailing Co. said Wednesday it is partnering with the U.N.'s International Labour Organization to improve conditions for workers in Asia, in its latest push to ensure labor protection in countries where social security systems are underdeveloped.
Japan Times
BUSINESS / Companies
Sep 4, 2019
Billionaire Uniqlo founder Tadashi Yanai wants a woman to succeed him
Tadashi Yanai, Fast Retailing Co.’s 70-year-old billionaire founder, said he would prefer to be succeeded by a woman, adding it would be better for Asia’s largest retailer.
Japan Times
JAPAN
Jul 28, 2019
Cloudiest Tokyo summer in 129 years leaves Japan's retailers hurting
The unusually long and cool rainy season has dampened demand for apparel, furniture and other goods, with some retailers reporting steep drops in sales of merchandise.
Japan Times
BUSINESS
Jul 22, 2019
Uniqlo operator apologizes for saying South Korea boycott won't last long
Japan's largest clothing maker Fast Retailing Co. issued an apology on its Korean website for remarks that angered Korean customers amid the trade spat between Japan and South Korea.
BUSINESS / Companies
Jul 11, 2019
Fast Retailing net profit up 7% on robust overseas sales
Fast Retailing Co. said Thursday its group net profit in the nine months to May rose 7.0 percent from a year earlier to ¥158.67 billion, its highest for the period, supported by growing overseas sales of its Uniqlo-brand casual clothing.
Japan Times
BUSINESS / Companies
Jul 3, 2019
Uniqlo operator to switch from plastic to paper bags worldwide from September
Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Wednesday it will switch from plastic to paper shopping bags from September, joining worldwide efforts to tackle what many believe is one of the most pressing environmental issues.
Japan Times
BUSINESS / Companies
May 14, 2019
Uniqlo, GU brand's Fast Retailing says 460,000 online accounts were accessed in Japan hack
Users' personal information, purchase history and parts of credit card numbers may have been accessed, the Tokyo-based retailer said.
Japan Times
BUSINESS / Companies
May 9, 2019
Japanese fast-food chain Yoshinoya ditches rice for veg with new take on gyūdon beef bowl
Fast-food restaurant operator Yoshinoya Holdings Co. started selling on Thursday a bowl of beef on vegetables, instead of the usual steamed rice, responding to requests from health-conscious people.
Japan Times
BUSINESS / Companies
Apr 12, 2019
Fast Retailing cuts profit estimate as slowing Uniqlo sales in Japan offset brisk business abroad
Fast Retailing Co. said the brisk performance of its Uniqlo casual clothing brand in overseas markets helped lift the group's profits in its first half, but the firm also downgraded full-year estimates due to slowing sales at home.
Japan Times
BUSINESS / Companies
Apr 5, 2019
Japan's Mos Burger finds new partner to guide Thai expansion
Japanese hamburger chain Mos Food Services Inc. has taken on a new partner to help expand the number of Mos Burger shops in Thailand to 45 from eight over the next five years.
Japan Times
BUSINESS / Companies
Jan 10, 2019
Uniqlo operator Fast Retailing blames warm winter for surprise profit decline
Uniqlo operator Fast Retailing Co. Ltd. reported an unexpected decline in quarterly profit on Thursday, blaming warm weather for hurting winter clothing sales even as its Chinese business shrugged off concerns of a decelerating economy.
Japan Times
BUSINESS
Dec 5, 2018
Fast Retailing opens GU Style Studio store in Harajuku where you try, buy, but walk away with nothing
A brand-new store opened in Tokyo's Harajuku fashion district on Friday, walls lined with clothes, shoes and handbags — and with a twist: shoppers will walk away empty-handed.
Japan Times
BUSINESS
Nov 5, 2018
Faced with worker shortage, Japan reshapes its legendary hospitality
Japan's capital expenditure boom is shifting to the services sector, stirring fears that self-checkout systems and software will take the human touch out of omotenashi, the country's vaunted commitment to hospitality.
BUSINESS / Companies
Oct 12, 2018
Uniqlo operator Fast Retailing nominates founder Tadashi Yanai's two sons to board
Fast Retailing Co. nominated its billionaire founder's two sons to the board of the Uniqlo operator, but their father insists neither is slated to take over his post, at least for now.
Japan Times
BUSINESS / Companies
Oct 11, 2018
Fast Retailing posts record profit on strong global sales
Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Thursday its group net profit rose 29.8 percent to a record ¥154.81 billion ($1.38 billion) in the year through August thanks to strong sales at home and abroad.
Japan Times
BUSINESS
Sep 12, 2018
Going against a global trend, Japan lags on boardroom diversity: study
The "old boys club" in the boardroom is alive and well — and most prevalent among the biggest Japanese and Chinese companies.
BUSINESS / Companies
Jul 23, 2018
Japanese casual wear retailer G.U. to open first store in South Korea
Casual clothing retailer G.U. Co. will open its first store in South Korea in September, its fourth shop overseas, following the success of renowned sister brand Uniqlo, which has over 180 outlets in the country.
Japan Times
BUSINESS
Jul 13, 2018
Uniqlo finds success abroad, downplays trade war risk
Fast Retailing Co. shares climbed the most since January on signs that the retailer's steady expansion in overseas markets, now headlined by the face of Roger Federer, is bearing fruit even in the face of risks from an escalating trade dispute.
Japan Times
BUSINESS / Companies
Jul 12, 2018
Fast Retailing net profit up 23.5% on brisk Uniqlo sales, with U.S.-China trade spat impacts 'limited': CFO
Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Thursday its consolidated net profit for the nine-month period through May rose 23.5 percent from a year earlier to ¥148.3 billion ($1.3 billion), driven by strong sales at home and abroad.
BUSINESS / Companies
Apr 12, 2018
Uniqlo operator Fast Retailing hikes annual forecast 13% on growth in Asia
Fast Retailing Co. on Thursday raised its full-year profit forecast by 13 percent on the back of robust growth across Asia, as the owner of clothing chain Uniqlo continues to chase the top spot in global apparel sales.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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