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.
The Environment Ministry said Friday that it has punished a 71-year-old part-time worker at Shinjuku Gyoen National Park in central Tokyo for neglecting to collect entry fees from some non-Japanese speakers. (Jiji)
The position of the Japan-U.S. alliance as the linchpin of Japanese foreign policy and security is an "unchanging principle," Prime Minister Shinzo Abe said in a policy speech Friday hours before the inauguration of the next U.S. president. (Kyodo)
The organizing committee of the 2017 Asian Winter Games to be held in Hokkaido, northern Japan, next month has asked a Japanese hotel chain to take appropriate measures amid criticism for its owner's denial of the 1937 Nanjing incident. (Jiji)