More than 1,000 Japanese companies will mark the 100th anniversary of their founding in 2017, among them precision equipment maker Nikon Corp., automaker Fuji Heavy Industries Ltd. and Morinaga Milk Industry Co.
Of the roughly 3 million companies in the database of credit research firm Tokyo Shoko Research Ltd., 1,118 companies will turn 100 years old this year.
1917 saw a bumper crop of firms, mainly manufacturers, established in Japan to take advantage of growing exports on the back of World War I.
A Nikon spokesman said his company has survived the past century because it has "globally promoted a wide range of products and services based on its high-quality technologies mainly in the optical and precision sectors."
These 100-year-old companies still need to adapt to changing times.
Fuji Heavy, known for its Subaru automobile brand, plans to concentrate its resources on automobile and aerospace businesses while pulling the plug on industrial machinery operations. In April, the company will change its corporate name to Subaru Corp.
STREET FOOD! We're back for more in one of Japan's most traditional cities, Nara.
What was once Japan's capitol is now a place loaded with delicious street food for humans and deer alike. So, what's Nara got to offer? I hope you're hungry! (ONLY in JAPAN )
Japan's Liberal Democratic Party on Friday submitted a record of email exchanges in which Akie Abe, Prime Minister Shinzo Abe's wife, denies her alleged payment of one million yen to an embattled school operator. (Jiji)
Japanese Defense Minister Tomomi Inada ordered the Ground Self-Defense Force on Friday to withdraw its engineering troops taking part in a U.N. peacekeeping mission in South Sudan by the end of May. (Jiji)
New textbooks authorized for use in Japan's senior high schools from April next year contain more descriptions on foreign and defense policies undertaken by Prime Minister Shinzo Abe's government, such as the ability to engage in collective self-defense, according to the results of the education ministry's latest textbook screening disclosed Friday. (Japan Today)