May 17 (Bloomberg) - Japan's biggest lenders are predicting their highest profits in years. Still, a cautious outlook is holding them back from returning surplus capital to shareholders.
Source: ANNnewsCH
Business
| May 17
Japan's Megabanks Predict Bumper Profit, Resist Buybacks
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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.
Amid a nationwide trend of retail closures, Japan's department store sector has achieved record profits, particularly bolstered by the influx of foreign tourists, fueled by a favorable exchange rate.
In a historic move, the Japan Fair Trade Commission (JFTC) has issued its first administrative sanction against American tech giant Google.
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A former host admitted to knowingly receiving approximately 25 million yen that had been deceitfully obtained by a woman known as "Top Girl Ririchan," in a trial held on April 23.
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.
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.
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.
The Nagoya District Court delivered a severe sentence on Monday to Mai Watanabe, 25, who operated under the alias "Itadakijoshi Riri-chan (Riri the sugar baby)" and was charged with fraudulently obtaining cash from men. She has been sentenced to nine years in prison and fined 8 million yen.
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