Online Flea Market Mercari to Debut on TSE Mothers on June 19
May 15, 2018
Tokyo- The Tokyo Stock Exchange said Monday it has approved the listing of Mercari Inc., the operator of the Mercari online flea market app, on the TSE’s Mothers market for startups on June 19. The listing is expected to be
Takeda Sees Sales, Profit Falls for FY 2018
May 15, 2018
Tokyo- Takeda Pharmaceutical Co. said Monday that its group net profit for fiscal 2018 is projected to fall 25.6 pct from the previous year to 139 billion yen, following the expiration of the U.S. patent for its multiple myeloma drug.
Toyota’s Average Executive Bonus Tops 200 M. Yen
May 15, 2018
Nagoya- Toyota Motor Corp.’s bonuses for its executive board members for the business year that ended in March average 204 million yen, up 74.0 pct from the year before, it was learned Monday. According to the Japanese automaker’s executive pay
FamilyMart to Team Up with Airbnb in Minpaku Biz
May 15, 2018
Tokyo- Major Japanese convenience store operator FamilyMart Co. said Monday that it has basically agreed to team up with the Japan unit of U.S. vacation rental website Airbnb Inc. in “minpaku” private lodging services in Japan. FamilyMart will offer services,
Fujifilm to Take Full Control of Toyama Chemical
May 14, 2018
Tokyo- Fujifilm Holdings Corp. said Monday that it will make Tokyo-based Toyama Chemical Co. a fully owned subsidiary at the end of July. Fujifilm, which now owns 66 pct of Toyama Chemical, will acquire the remaining 34 pct equity stake
Japan Used Vehicle Sales Up 0.5 Pct in April
May 14, 2018
Tokyo- Sales of used vehicles in Japan in April rose 0.5 pct from a year earlier to 307,958 units, the first increase in four months, the Japan Automobile Dealers Association said Monday. The figure does not include minivehicles, equipped with
Fujifilm May Seek Damages from Xerox over Scrapped Deal
May 14, 2018
Tokyo- Japan’s Fujifilm Holdings Corp. said Monday it will file damages claims or take other appropriate measures against Xerox Corp. following the U.S. copy machine maker’s decision to pull out of a deal for its acquisition by the Japanese company.
Japan Firms to Test Int’l Remittances Using Cryptocurrency Tech
May 14, 2018
Tokyo- Japan’s Mitsubishi UFJ Financial Group Inc. and other companies will test international remittances using a distributed ledger technology developed by U.S. cryptocurrency startup Ripple, informed sources said Monday. The demonstration test, seen starting as early as this month, will
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