Business | Page 6

McDonald's Japan hikes prices for third time in a year
NHK - Jan 17
McDonald's Japan has hiked its restaurant prices for the third time in a year to cover the surging cost of raw ingredients.

Knowing the Best Moment to Sell Bitcoin Instantly
newsonjapan.com - Jan 17
Numerous articles have been published on how to sell Bitcoin instantly, and many Bitcoin investors and traders have learned how to use the numerous methods discussed.

HelloFresh's exit from Japan was 'last minute decision', claims source
The Grocer - Jan 13
HelloFresh staff in Japan were among the last in the company to be made aware operations there were ending, according to a senior source.

Japan's JR West to switch all diesel trains to biofuel around 2030
Nikkei - Jan 13
West Japan Railway, known as JR West, plans to introduce biofuel in all its diesel trains, which operate mainly on local lines, by around 2030, a move that will reduce carbon dioxide emissions on nonelectrified sections, which account for nearly 40% of the company's lines excluding bullet train lines.

Uniqlo owner gives Japan Inc a jolt with 40% wage hike
financialpost.com - Jan 11
Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, in a high-profile sign that Japan’s rock-bottom salaries may be starting to budge after decades of deflation and cost-cutting.

Japan lifts 10-year bond coupon rate to 0.5% as yields rise
NHK - Jan 06
Japan's Finance Ministry says it is more than doubling the coupon rate on 10-year government bonds amid a rapid rise in market yields.

Sony-Honda EV alliance unveils Afeela brand and Qualcomm partnership
Japan Times - Jan 05
The Sony-Honda electric vehicle alliance unveiled a new brand and its prototype car on Thursday while also announcing a partnership with U.S. chipmaker Qualcomm on intelligent mobility technology.

Tokyo's Toyosu market holds first auction in 2023
NHK - Jan 05
Traders at Tokyo's Toyosu wholesale market held the first auction of 2023 on Thursday to sell raw and frozen tuna from ports around Japan and abroad.

Moderna takes another expansion step, snapping up Japanese mRNA company
thepharmaletter.com - Jan 05
Taking advantage of the vast cash pile generated by the success of its COVID-19 vaccine Spikevax, US mRNA therapeutics and vaccines specialist Moderna (Nasdaq: MRNA) today announced its first out-right acquisition since its launch in 2020.

Japan's sushi chains want bigger bite of overseas markets
Nikkei - Jan 04
Japan's conveyor-belt sushi chains are accelerating their expansion overseas, with some restaurants growing faster abroad than domestically thanks to easing coronavirus restrictions and higher expectations for market growth.

Majority of Japan's food, household goods makers plan 2023 price hike
Nikkei - Jan 04
Price increases are planned in 2023 at the majority of Japanese companies that produce food and other daily necessities, a Nikkei survey finds, with businesses caught between covering surging costs and keeping customers happy.

Apple Japan hit with $98m in back taxes for missing duty-free abuses
Nikkei - Dec 27
Apple Japan is being charged 13 billion yen ($98 million) in additional taxes by Tokyo authorities, apparently for bulk sales of iPhones and other devices to foreign tourists that were incorrectly exempted from the consumption tax, Nikkei learned on Monday.

Bank of Japan's Kuroda dismisses near-term chance of exiting easy policy
CNAcn - Dec 26
Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday brushed aside the chance of a near-term exit from ultra-loose monetary policy but voiced hope that intensifying labour shortages will prod firms to raise wages.

Japan to begin extracting rare earth metals from seabed in 2024
Nikkei - Dec 24
Aiming to reduce its reliance on China for rare earth metals, Japan will begin in 2024 to extract the essential materials for electric vehicles and hybrids from the mud on the deep sea bottom in an area off Minami-Torishima Island, a coral atoll in the Pacific Ocean about 1,900 kilometers southeast of Tokyo.

Japan firms to stop insuring ships in all Russian waters
zawya.com - Dec 24
Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the war in Ukraine, potentially affecting Japan's energy imports such as liquefied natural gas (LNG), the Nikkei newspaper said on Saturday.

Chinese buying spree empties cold medicine stocks in Japan
Asahi - Dec 24
Drug stores in Tokyo are being forced to limit purchases of cold medicines due to a rush on stocks by foreign, mostly Chinese, customers.