Paper producers Hokuetsu and Daio Paper are forging a strategic business tie-up to survive.
BUSINESS / Companies
May 19, 2024
Hokuetsu, Daio Paper opt to forge tie-up
With shareholders skeptical, the former rivals must prove it will be a mutually beneficial partnership.
A worker unloads packages from a Shinkansen bullet train at JR Tokyo Station on Friday.
BUSINESS / Companies
May 19, 2024
JR firms expanding cargo transport using shinkansen trains
Such services are set to expand as Japan facing disruptions to logistics services stemming from an overtime cap for truck drivers.
Nippon Steel, Japan’s top steelmaker, is sending Vice Chairman and Executive Vice President Takahiro Mori to Pittsburgh next week where he’ll meet with local staff and elected officials.
BUSINESS / Companies
May 18, 2024
Nippon Steel boosts efforts to woo U.S. Steel workers and politicians
Japan’s top steelmaker is sending Vice Chairman and Executive Vice President Takahiro Mori to Pittsburgh, where he’ll meet with local staff and elected officials.
Toshiba announced on Thursday that it would cut up to 4,000 jobs as part of a restructuring plan.
BUSINESS / Companies
May 17, 2024
Toshiba takes advantage of private status to chart new course
The company has announced that it will cut up to 4,000 jobs as part of a restructuring.
Japan's first 7-Eleven convenience store (above) in Tokyo's Toyosu district on May 15, 1974, and the same store on Wednesday
BUSINESS / Companies
May 17, 2024
7-Eleven convenience store chain marks 50 years in Japan
Today, of the about 57,000 convenience stores in the country overall, more than 21,000 are from the 7-Eleven chain.
Toyota President Koji Sato announces the company's earnings results in Tokyo on May 8.
BUSINESS / Companies
May 17, 2024
Japan firms brace for earnings slumps after marking record profits
Companies are concerned over the weak yen, global conflict and inflation hitting personal spending.
The rate of the U.S. dollar against the yen is displayed on an electronic stock board outside a securities firm in Tokyo earlier this month.
BUSINESS / Companies
May 17, 2024
Majority of Japanese firms say weak yen hurts profits: survey
About half of surveyed companies said a yen trading around ¥110 to ¥120 to the dollar would be appropriate.

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