Business | Sep 21

SoftBank launches used car subscriptions as telecom growth slows

Sep 21 (Kyodo) - SoftBank Corp. said Tuesday it has launched a subscription service that lets customers drive a used car at a fixed monthly rate, as it tries to diversify its business portfolio amid a slow growth in the flagship mobile phone business.

The Japanese telecom company has set up Carro Japan Corp. in Tokyo, a joint venture with Singapore-based online used car retailer Trusty Cars Pte. Ltd., for the new service.

Carro Japan started the service for corporate customers Tuesday, with an eye to expanding it to individual customers through partnership with SoftBank's group companies such as Yahoo Japan Corp. ...continue reading

MORE Business NEWS

Record 26.4% of New Employees Consider Job Changes

The proportion of new employees who consider switching jobs if the opportunity arises has reached an all-time high, according to a survey of 1,000 employees conducted by the Tokyo Chamber of Commerce and Industry, with 26.4% responded that they would change jobs given the chance, the highest figure since the survey's inception in 1998.

"Kirakira Donki" Targets Gen Z with New Shibuya Store

A new store format from Don Quijote, named "Kirakira Donki," opened its doors in Tokyo's Shibuya district on Tuesday, aiming primarily at Generation Z and attracting a significant number of foreign tourists on its first day.

Seven-Eleven Expands Discounts on Perishables to Tackle Food Waste

In a move to address the significant issue of food waste, which amounts to approximately 5 million tons annually across Japan, convenience store chains are intensifying their discount strategies.

POPULAR NEWS

Decoding U.S. 'Black Ship' Data Centers in Japan

Major American IT companies like Microsoft and Oracle have announced substantial investments totalling 4 trillion yen ($26 billion) in data centers in Japan, sparking concerns about digital sovereignty and AI development.

Former Host Pleads Guilty to Receiving 25 Million Yen from "Riri-chan"

A former host admitted to knowingly receiving approximately 25 million yen that had been deceitfully obtained by convicted scammer "Riri-chan," in a trial held on April 23.

Sakura Tree Collapses on Teacher at Kyoto Tourist Spot

A cherry tree located at one of Kyoto's busiest pedestrian streets, Sanneizaka, a main pathway to Kiyomizu Temple, suddenly fell at 11:45 AM on Tuesday, trapping a school teacher beneath.

Princess Aiko Attends Her First Spring Garden Party

The biannual Spring Garden Party, hosted by the Emperor and Empress, took place at Tokyo's Akasaka Imperial Garden on Tuesday, with Princess Aiko gracing the event, warmly engaging with the guests.

Tsukiji Market Site to Transform into 50,000-Seat Stadium

The site of the former Tsukiji Market is set for a major transformation, including a stadium with a capacity of 50,000 people and a launch pad for flying cars.

FOLLOW US