Japan’s café industry is witnessing a surge in competition as diversification and the arrival of international chains reshape the market. In response, several leading domestic café chains have adopted unique strategies to distinguish themselves, with their top executives sharing insights in a recent roundtable discussion.
The number of dairy farms in Japan has halved over the past 15 years, dropping below 10,000 for the first time, raising the alarm about the future of domestic milk production.
Seibu Holdings announced plans to sell the mixed-use building on the site of the former Akasaka Prince Hotel, affectionately known as 'Aka-Puri,' to a U.S. investment fund for approximately 400 billion yen ($2.62 billion).
Coincheck Group, a Japanese cryptocurrency exchange, has listed its shares on the tech-heavy Nasdaq in the United States. (NHK)
Japanese beverage giant Suntory Holdings has picked the great-grandson of its founder to be its new president. (NHK)
Uber's Japanese subsidiary announced on December 11th the launch of 'Uber Teens,' a ride-hailing service designed for teenagers aged 13 to 17.
Local media in the United States reported that President Joe Biden plans to block Nippon Steel's acquisition of US Steel, citing national security concerns. Following this report, Nippon Steel announced that it would provide a one-time bonus to US Steel employees if the acquisition is completed.
Nippon Life Insurance says it will acquire Resolution Life Group Holdings for 8.2 billion dollars. It's the largest takeover by a Japanese insurer. Bermuda-based Resolution runs insurance businesses globally, including the US, Europe and Australia. (NHK)