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May 04, 2024
 

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SALES

Japan Times
BUSINESS / Economy
Oct 26, 2014
As Abe's political ratings fade, top official calls for delay in next sales tax hike
A top government official said Prime Minister Shinzo Abe should delay a planned consumption tax increase, the strongest sign yet that economic weakness is causing concern among those close to Abe ahead of his final decision on the levy.
BUSINESS / Economy
Oct 21, 2014
September supermarket sales down for sixth month
Supermarket sales fell 1.0 percent in September from a year earlier on a same-store basis, declining for the sixth consecutive month following the April consumption tax hike, an industry body said Tuesday.
Japan Times
BUSINESS / Economy
Oct 3, 2014
BOJ struggling to meet inflation deadline, former vice governor says
The Bank of Japan may need more time to achieve its 2 percent inflation target and the country can't ignore harm caused by an abrupt weakening of the yen, said Toshiro Muto, a two-time contender to lead the central bank.
BUSINESS / Economy
Sep 22, 2014
August supermarket sales down for fifth month after tax hike
Supermarket sales fell 0.1 percent in August from a year earlier on a same-store basis, declining for the fifth consecutive month following the April consumption tax hike, an industry body said Monday.
Japan Times
BUSINESS
Sep 19, 2014
Dividend-challenged Sony contemplates smartphone exit from China
Sony Corp. might sharply downsize its smartphone operations in China because business is unlikely to grow against competition from popular local rivals, company sources said Thursday.
Japan Times
BUSINESS / YEN FOR LIVING
Sep 15, 2014
Mail order scofflaws are the exception that proves the rule
Some Internet consumers take advantage of sales agents' honor systems.
BUSINESS / Economy
Sep 7, 2014
Economy probably slowed more than expected in second quarter, Amari says
Economic and fiscal policy minister Akira Amari said Sunday he thinks the economy's pace in the July-September quarter will be "slower than expected."
JAPAN / Politics
Sep 4, 2014
Abe mum ahead of second stage of tax hike
Prime Minister Shinzo Abe is keeping quiet about whether to he will raise the consumption tax in October 2015 as scheduled, saying only that he will make a final decision while "comprehensively" analyzing the economic situation.
Japan Times
JAPAN
Sep 4, 2014
First lady Akie Abe speaks out ahead of consumption tax decision
First Lady Akie Abe said Thursday her husband's administration should consider cutting wasteful spending and boosting the economy before going ahead with a rise in the consumption tax to 10 percent.
BUSINESS / Economy
Sep 1, 2014
Auto sales fall to lowest in three years on sales tax hike
Auto sales tumbled to a three-year low last month, the latest sign that consumer spending is slumping following the April 1 consumption tax increase.
BUSINESS / Companies
Aug 27, 2014
Tepco to provide power to Yamada Denki's Kansai, Chubu stores: NHK
Tokyo Electric Power Co. will start providing electricity to Yamada Denki Co.'s stores in the Kansai and Chubu regions in October, NHK reported Wednesday.
Japan Times
BUSINESS / Economy
Aug 17, 2014
Most major firms expect to see economy grow by year-end
A domestic survey of 106 major companies has found that 100 expect the economy to expand toward year-end, and that 76 do not oppose the government's plan to complete the doubling of the sales tax to 10 percent in 2015, a poll says.
BUSINESS / Economy
Aug 13, 2014
Japan's economy suffers biggest decline since 2011 as tax hike bites
The Japanese economy suffered its biggest contraction since the March 2011 earthquake in the second quarter of this year as the hike in sales tax to 8 from 5 percent took a heavy toll on household spending, stoking fears that any rebound may be too modest to sustain a solid recovery.
BUSINESS / Economy
Aug 13, 2014
Japan's GDP set to fall sharply; stimulus expectations may surge
Japan's economy likely shrank sharply in the second quarter, which would be bad news for Prime Minister Shinzo Abe's growth policies, but it could raise market expectations of further stimulus.
BUSINESS
Aug 13, 2014
Homebuyers in Japan seen at risk amid floating-rate loan rush
Japanese homebuyers are piling into floating-rate mortgages, stirring debate over whether they are too complacent as Bank of Japan stimulus revives inflation.
JAPAN
Aug 13, 2014
Japan may allow India to produce parts for US-2 amphibious aircraft
Japan may agree to allow India to manufacture parts for US-2 amphibian aircraft to conclude a sales deal with New Delhi, a Tokyo government source said Tuesday.
Japan Times
BUSINESS
Aug 5, 2014
China meat supplier probe hurting McDonald's sales
McDonald's Corp., poised to resume selling beef and chicken in China this week after a supplier was accused of repackaging old meat, says the matter is hurting the chain's results in Asia.
BUSINESS / Companies
Aug 2, 2014
Toyota rises to No. 2 automaker in July U.S. sales, outranks Ford
Rising consumer confidence in the United States drove Toyota Motor Corp. and Nissan Motor Co. to double-digit sales gains in July, with Toyota overtaking Ford Motor Co. to become the second-largest automaker in the market, data released by Autodata Corp. show.
BUSINESS / Companies
Jul 25, 2014
LVMH profit trails estimates as Japan tax hike hits fashion biz
LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods company, reported first-half earnings that trailed estimates as the strength of the euro weighed on growth and the first stage of the Japanese tax hike hurt sales of fashion and leather goods.
BUSINESS / Companies
Jul 2, 2014
Komatsu CEO flags China slump as mining market nears bottom
Komatsu Ltd., the world's second-biggest maker of building and mining equipment, said sales in China are falling more steeply than anticipated, joining larger peer Caterpillar Inc. in flagging fraying Asian demand.
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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