Ghosn criticizes Japan's prosecution system as discriminatory
Kyodo -- Dec 07
Former Nissan Motor Co. Chairman Carlos Ghosn, who fled Japan in 2019 before facing trial over alleged financial misconduct, on Monday reiterated his innocence in a virtual press conference and criticized Japan's prosecution system as being blatantly discriminatory.
Ghosn, who jumped bail and escaped to Lebanon, justified his getaway by noting that his arrest in 2018 and subsequent treatment had been a violation of his human rights under the country's legal system.
"I discovered little by little, the discrimination, the unfairness, that by the end of the day I would not get a fair trial," he told the Foreign Correspondents' Club of Japan.
During the press conference, Ghosn expressed his belief in the innocence of former Nissan executive Greg Kelly, who has been charged for helping his former boss underreport his remuneration. The Tokyo District Court will hand down the ruling on March 3.
元日産自動車会長カルロス・ゴーン被告は6日、日本外国特派員協会(東京)のオンライン記者会見で、日本の司法制度は不公正で差別的だと改めて非難した。「世界水準になるよう変えなければならない。制度が日本を危険な国にしている」と主張した。 - Kyodo
Mercari plans investment blitz to crack code in U.S. marketplace
Nikkei - Jan 17
As Japan's Mercari pursues its ambition to become a global online marketplace, it must first turn around flagging operations in the U.S., where players big and small are waging a cutthroat competition.
Uniqlo dangles $8.8m salaries to draw talent in Big Tech showdown
Nikkei - Jan 16
The operator of the Uniqlo chain of casual apparel stores will pay midcareer hires up to 1 billion yen ($8.8 million) a year as competition heats up with Big Tech companies such as Amazon.com, Nikkei has learned.
Yahoo Japan to expand remote work, pay for commutes by plane
Nikkei - Jan 13
Yahoo Japan will allow its 8,000 employees to work from anywhere in the country and even commute by plane when they need to come to the office.
Cozy fit: Beanbag chair maker Yogibo bought by Japanese distributor
Nikkei - Jan 13
Yogibo, an American company known for its beanbag furniture, has been acquired by the company distributing its products in Japan, one of its biggest markets.
Toyota keeps world's top spot for 2nd year
NHK - Jan 13
Toyota was the world's top-selling automaker in 2021, holding on to its number-one ranking for the second year in a row.
BOJ head: Inflation likely to accelerate gradually
NHK - Jan 12
The governor of the Bank of Japan says he thinks consumer inflation will likely accelerate gradually on rising energy costs.
Social media marketing tips for beginners
newsonjapan.com - Jan 12
Have you recently discovered social media marketing and want to know how it could benefit your business?
Mizuho Bank has another system failure
NHK - Jan 11
Japan's Mizuho Bank has experienced another system failure. Tuesday's incident was the latest in a series that started last year.
Labour shortages in Japan overshadow economic recovery
phnompenhpost.com - Jan 10
Despite a gradual improvement in Japan’s economic conditions, a labour shortage is slowly starting to bite in industries such as restaurants and manufacturing in which many people decided to switch jobs while on furlough amid the Covid-19 pandemic.
India to surpass Japan as Asia’s 2nd largest economy by 2030
thehindu.com - Jan 08
India is likely to overtake Japan as Asia’s second-largest economy by 2030 when its GDP is also projected to surpass that of Germany and the U.K. to rank as the world’s No.3, IHS Markit said in a report on Friday.
Panasonic to introduce optional 4-day work week
NHK - Jan 08
Executives at some Japanese firms are reacting to the pandemic by adopting more flexible work arrangements.
Japan’s beloved Super Dry beer to get first-ever recipe change
Japan Times - Jan 07
Asahi Group Holdings Ltd. will tweak the recipe of its flagship Super Dry beer for the first time ever, betting that an overhaul of the country’s best-selling brew will resonate with drinkers.
Sony to set up new electric vehicle unit, mulls entering market: CEO
Kyodo - Jan 05
Sony Group Corp. will set up a new unit in the spring for electric vehicles as it explores the possibility of launching them commercially, its CEO said Tuesday.
Toyosu market holds first tuna auction of 2022
NHK - Jan 05
Traders at Tokyo's Toyosu wholesale market held the first auction of 2022 on Wednesday.
Toyota takes crown from GM as world’s No. 1 in sales
dailynews.com - Jan 05
Toyota Camry, take a bow. Prius, bask in the limelight. Strong demand for those models helped propel the Japanese carmaker onto the throne as the world’s largest auto seller – at least for the first quarter of 2007.
Japan's Central Bank Owns Huge Slice Of Domestic ETF Market – Data
wealthbriefingasia.com - Jan 04
A data release is a reminder of how one of the world's major central banks owns more than half of its domestic ETF and exchange traded products market; the BoJ started the policy, a decade ago.
