BUSINESS NEWS

Aug 01
Mitsubishi Motors Corp.’s announcement on Monday of the closure of a factory that manufactures its Pajero SUV came as a shock to the town of Sakahogi, Gifu Prefecture, where the plant is located. (Japan Times)
Aug 01
Asian nations are renowned for their approach to education, with Japan ranked in the top 10 from a global perspective. (newsonjapan.com)
Jul 31
If you would like to work in Japan, here are 5 Japanese business taboos. (Ask Japanese)
Jul 31
Japan's internal affairs ministry says the country's seasonally-adjusted unemployment rate stood at 2.8 percent in June, down 0.1 percentage points from a month earlier. (NHK)
Jul 31
Japan's industry ministry says industrial production rose 2.7 percent in June from the previous month. That's the first increase since the coronavirus pandemic took hold. (NHK)
Jul 31
Former Nissan executive Greg Kelly, who was arrested in connection with the financial scandal of his ex-boss Carlos Ghosn, will soon face trial in a Tokyo court. Both cases had been in limbo after Ghosn fled to Lebanon. (autoblog.com)
Jul 30
Vegetable prices are surging in the nation due to poor crops, blamed on unfavorable weather conditions such as a long spell of rain and a lack of sunlight. (Japan Times)
Jul 30
Japan's labor ministry says more than 40,000 people nationwide have lost or will lose their jobs due to the coronavirus outbreak. (NHK)
Jul 30
Tokyo is set to request restaurants, bars and karaoke parlors to reduce operating hours as coronavirus cases in Japan's capital hit a new daily high. (Nikkei)
Jul 30
Executives at ANA Holdings are blaming the coronavirus pandemic for the airline's worst quarterly result. They say between April and June the carrier suffered a net loss of more than 1 billion dollars. (NHK)
Jul 29
Analysts at Fitch Ratings say the impact of the coronavirus pandemic has prompted them to cut their outlook for Japan's credit rating. (NHK)
Jul 29
Duty-free store operator Laox will close half of its locations in Japan, the company said Tuesday, seeing no recovery on the horizon from a plunge in Chinese, South Korean and other Asian tourists. (Nikkei)
Jul 28
Trading began Monday on a new comprehensive derivatives exchange in Osaka, western Japan. The aim is to attract investment from around the world with the one-stop trading platform for financial and commodities futures. (NHK)
Jul 28
On 21st July 2020, the Japanese Ministry of Economy, Trade and Industry (METI) along with the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has confirmed that it will launch auctions four offshore wind sites. (4coffshore.com)
Jul 27
Japan Airlines is expected to report an operating loss of about 120 billion yen ($1.1 billion) for the April-June quarter, swinging from a profit of 21 billion yen during the same period a year ago, Nikkei has learned, due to a sharp decline in passenger demand due to the coronavirus. (Nikkei)
Jul 27
Japan's companies spent less than initially estimated in the first quarter of the year, revised data showed on Monday, suggesting the coronavirus pandemic's hit to the economy was deeper than first thought. (yahoo.com)
Jul 27
Of all the challenges the Bank of Japan expected in 2020, the return of deflation was probably not high on their list. (Nikkei)
Jul 27
As companies close offices in central Tokyo or encourage employees to work from home to stay safe from the coronavirus pandemic, young people are relocating to the suburbs where rents are cheaper, space less at a premium and nature nearer the doorstep. (Japan Times)
Jul 27
Deep in the electric-vehicle industry’s supply chain is a little-known Japanese manufacturer that makes a seemingly mundane, but essential, device: Coil-winding machines. (gulf-times.com)
Jul 27
Toyota Motor has asked suppliers to lower prices on certain parts, citing sluggish sales and a drop in material costs amid the coronavirus, Nikkei has learned, in a move that could hit earnings in the sprawling supply chain of one of the world's largest automakers. (Nikkei)

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