Japan plans to double spending by foreign tourists, add 400,000 jobs by 2020
Japan plans to double spending by foreign tourists, add 400,000 jobs by 2020
Japan has set a target of doubling annual spending by foreign tourists in the country to 4 trillion yen ($32.5 billion) and adding 400,000 tourism-related jobs by 2020.
Volkswagen sold more vehicles than Toyota in first half
Volkswagen sold more vehicles than Toyota in first half
Volkswagen overtook Toyota in global vehicle sales for January-June, the first time the German automaker has come out top in the intensely competitive tallies.
Reactors at the San Onofre Nuclear Generating Station in Southern California are in the process of decommissioning after failure of a steam generator that was manufactured by Mitsubishi Heavy Industries. (Asahi Shimbun file photo)
U.S. nuke plant operator files $7.57 billion case against MHI
A U.S. nuclear plant operator has demanded that Mitsubishi Heavy Industries Ltd. pay $7.57 billion (930 billion yen) in compensation for the failure of a steam generator that resulted in the decommissioning of reactors, The Asahi Shimbun learned.
Foreign tourists receive advice on duty-free procedures at a Bic Camera store in February in Osaka. (Asahi Shimbun file photo)
Japan plans to double spending by foreign tourists, add 400,000 jobs by 2020
Japan has set a target of doubling annual spending by foreign tourists in the country to 4 trillion yen ($32.5 billion) and adding 400,000 tourism-related jobs by 2020.
In this July 2 photo, customer Armando Barillas checks the interior of a vehicle for sale at the New Century Volkswagen dealership in Glendale, Calif. (AP Photo)
Volkswagen sold more vehicles than Toyota in first half
Volkswagen overtook Toyota in global vehicle sales for January-June, the first time the German automaker has come out top in the intensely competitive tallies.
Kose Corp.'s Sekkisei brand lotion has been popular among tourists. (Provided by Kose Corp.)
Tourist spending pushes Kose's quarterly sales to record level
Cosmetics maker Kose Corp. posted record sales of 56.4 billion yen ($458 million) for the April-June period, fueled by bulk purchases of its beauty products by foreign tourists.
Weights of up to 300 tons are suspended inside a quake-resistance device developed by Kajima Corp. on the Shinjuku Mitsui Building in Tokyo's Shinjuku Ward. (Yuji Shimoyama)
Devices developed to ease earthquake sway in high-rises
Japan has long been praised for its earthquake-resistant technologies, but a new focus is targeting a recently studied seismic phenomenon that has been rattling the nation.
Investors watch an electronic board displaying stock prices at a brokerage in Beijing on July 8. (Asahi Shimbun file photo)
China stocks tumble, suffer biggest one-day loss in 8 years
SHANGHAI--Chinese shares tumbled more than 8 percent on July 27 amid renewed fears about the outlook for the world's No. 2 economy, reviving the specter of a full-blown market crash that prompted unprecedented government intervention earlier this month.
Some of Seven-Eleven Japan convenience stores provide product information in 15 languages through the use of QR codes on store shelves. (Provided by Seven & i Holdings Co.)
Smartphone scanner to show product info in English
In a bid to get foreign tourists to spend more, the economy ministry is developing a smartphone scanning system that provides product information in English and other languages.
Nikkei Inc. CEO Naotoshi Okada, left, and Chairman Tsuneo Kita at a news conference in Tokyo on July 24 (The Asahi Shimbun)
Nikkei CEO vows to ensure FT's editorial independence
Top executives at Nikkei Inc. pledged on July 24 to preserve the editorial independence of the Financial Times after the Japanese media group's $1.3 billion purchase of the British business newspaper, which has sometimes been critical of its new owner.
Mitsubishi Motors Corp. produces the Outlander SUV in the United States. (Provided by Mitsubishi Motors Corp.)
Mitsubishi Motors to end U.S. vehicle production
CHICAGO--Mitsubishi Motors Corp. confirmed July 24 that it plans to stop production at its only U.S. factory and sell the plant in central Illinois.
A foreign tourist purchases items at the tax-free counter in a Seven-Eleven convenience store in Tokyo’s Taito Ward on July 22. (Nobuhiro Shirai)
Convenience stores, appliance makers plugging into foreign tourist market
At a Seven-Eleven convenience store in Tokyo's Taito Ward, Singaporean tourist Lucy Heng bought 12 items including cosmetics, costing about 6,000 yen ($48) in total, and didn't have to pay the 8 percent consumption tax.
Nikkei Inc. President Tsuneo Kita speaks at a news conference in 2010 in Tokyo. (Asahi Shimbun file photo)
Nikkei acquires Financial Times for 160 billion yen as domestic market shrinks
Nikkei Inc., Japanese leading business newspaper group, said July 23 it has agreed to buy the renowned Financial Times from Britain’s Pearson Plc for 844 million pounds (about 160 billion yen, or $1.3 billion).
Toshiba Corp. President Hisao Tanaka, foreground, bows in apology over the company's latest accounting scandal during a news conference in Tokyo on July 21. (Sayuri Ide)
U.S. investors sue Toshiba for losses caused by false accounting
WASHINGTON--Investors in the United States filed a class action suit in California against Toshiba Corp. for stock losses resulting from the accounting fiasco at the Japanese electronics giant.
The image of a drone prototype that will be developed by Sony Corp. and ZMP Inc. (Provided by Sony Mobile Communications Inc.)
Sony to start survey business using high-tech drones
Sony Corp. will begin a drone business next year that specializes in inspecting and surveying bridges and disaster sites.
A self-driving car, based on Toyota's Prius hybrid vehicle, is tested on a public road. (Provided by ZMP Inc.)
Toyota, SMBC, Sparx plan fund to finance advanced-technology projects
Toyota Motor Corp. and two financial institutions will establish an investment fund around autumn to finance long-term development of next-generation technologies, including artificial intelligence.
An Indian jeweler determines the quality of the diamonds shown to him at a Flawless Co. shop in Tokyo's Okachimachi district in May. (Naoki Tsuzaka)
Tokyo's 'Jewelry Town' sparkles as foreign jewelers harvest gems from urban diamond mine
With the help of a magnifying glass and a small lamp, the jeweler from India examined the gemstones for their opacity and color attentively for about an hour.
Toshiba Corp. headquarters (Takashi Kamiguri)
Top Toshiba execs resign over improper accounting
The president of Toshiba Corp. and two former presidents announced their resignations July 21 over an accounting scandal in which the company padded pretax profits to the tune of 151.8 billion yen ($1.22 billion).
The Asahi Shimbun
Joint task force urges India to select Shinkansen for its high-speed rail needs
A joint Japanese-Indian survey team recommended July 20 that New Delhi adopt a Shinkansen-like system for its planned rapid-transit railway line that will link Mumbai with Ahmedabad.
Construction workers wear Cyberdyne Inc.’s HAL robotic suits in Tokyo in June. (Hikaru Uchida)
Robotic suits give construction workers a power surge
He might be 52, but construction worker Akimichi Takada is finding it easier to carry heavy loads--thanks to a robotic power suit.
A worker grinds the surface of a used tire and pastes on a new surface at Bridgestone Corp's tire recycling factory in Osaka's Suminoe Ward. (Ayumi Shintaku)
Tire makers move up a gear in recycling efforts
Japanese tire makers are producing more recycled tires, but the low price of new ones is a speed bump to preventing them from dominating the local market.
Passengers raise a toast July 17 on the Fukui Railway train. (Koichi Hotta)
Fukui train is the toast of the line
FUKUI--Fukui Railway Co. is offering a train service in which passengers can eat and drink as if they were in an "izakaya"-style Japanese pub.

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