Japan Department Store Sales Up 0.7 Pct in April
May 23, 2018
Tokyo- Sales at department stores in Japan in April rose 0.7 pct from a year before on a same-store basis, up for the second straight month, an industry group said Wednesday. Overall sales at 220 stores run by 80 companies
Mitsui Sumitomo Insurance to Invest in Chinese Life Insurer
May 23, 2018
Tokyo- Mitsui Sumitomo Insurance Co. said Wednesday that it will spend 4,325 million yuan to acquire a 37.5 pct stake in BoCommLife Insurance Co., a unit of China’s Bank of Communications Co. The Japanese insurer, a unit of MS&AD Insurance
Veep Maeda to Head JBIC
May 23, 2018
Tokyo- The government at a cabinet meeting Tuesday approved the promotion of Japan Bank for International Cooperation Vice President Tadashi Maeda, 60, to the post of president of the government-owned lending institution. This will be the first time for the
Sony Eyes One-T.-Yen Capital Spending over 3 Years
May 22, 2018
Tokyo- Sony Corp. said Tuesday that it plans to invest about one trillion yen in facilities and equipment, mainly in the semiconductor field, in the three years from April 2018. The Japanese electronics and entertainment giant revealed the target in
Japan Supermarket Sales Fall 1.2 Pct in April
May 22, 2018
Tokyo- Sales at supermarkets in Japan in April dropped 1.2 pct from a year before on a same-store basis, down for the second straight month, industry data showed Tuesday. The decline reflected year-on-year falls in retail vegetable prices and a
Japan Convenience Store Sales Up 0.7 Pct in April
May 22, 2018
Tokyo- Sales at convenience stores in Japan in April climbed 0.7 pct from a year earlier to 783.6 billion yen on a same-store basis, up for the fourth consecutive month, the Japan Franchise Association said Monday. Sales of beverages, ice
Japan Airlines to Enter Agricultural Business
May 22, 2018
Narita, Chiba Pref.- Japan Airlines said Monday that it will launch an agricultural business. The airline plans to run farms offering experience-based programs near Narita International Airport and sell processed agricultural products under the JAL brand. The company expects demand
FamilyMart to Install Key Boxes for “Minpaku” Room Users
May 21, 2018
Tokyo- Major Japanese convenience store operator FamilyMart Co. said Monday that it will fully start a service to allow “minpaku” guests to receive and deposit room keys at its outlets. The company plans to launch the new business at its
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