News On Japan
Business | 3

A major Canadian convenience store operator says it is disappointed that Japanese retail giant Seven & i Holdings has rejected its takeover offer, but it remains willing to negotiate. (NHK)

Sharp announced last Friday that it will enter the development and sales of electric vehicles (EVs) using an EV platform developed by its parent company, Taiwan's Hon Hai Precision Industry, with the aim of launching sales in a few years.

The number of share buybacks this year in Japan is on the rise, and it's possible that we'll see a record number by the time winter rolls around.

Toyota Motor Corporation has resumed production of three car models, including the Yaris Cross, after a three-month suspension due to certification irregularities, the company announced on September 4.

The Fukuoka Prefectural Labor Bureau under the Ministry of Health, Labor and Welfare announced a 51-yen increase in the minimum wage for Fukuoka Prefecture, bringing the hourly wage to 992 yen, marking the largest increase to date.

Lime, the world’s largest electric scooter-sharing service, has announced a collaboration with a major insurance company to pursue a full-scale entry into the Japanese market.

The shortage of rice is causing prices to increase, and this is affecting packaged rice products, which are known for their long shelf life.

Sources say Japanese retail giant Seven & i Holdings has decided it cannot accept a takeover bid from a Canadian firm at this point, as the buyout price is too low to match its corporate value. (NHK)