Regional banks to help foster local welfare, medical companies
Regional banks to help foster local welfare, medical companies
Five Japanese regional banks and one megabank said Sept. 1 they will invest 2.35 billion yen ($22.45 million) in a fund to provide assistance to small and midsize local companies...
Itochu to sell Casabella brand housewares in Japan
Itochu to sell Casabella brand housewares in Japan
Itochu Corp. will become Japan’s exclusive importer of popular U.S. housewares brand Casabella, the trading house said Sept. 1.
A bank clerk helps a customer at Nishi-Nippon City Bank in Fukuoka (Asahi Shimbun file photo)
Regional banks to help foster local welfare, medical companies
Five Japanese regional banks and one megabank said Sept. 1 they will invest 2.35 billion yen ($22.45 million) in a fund to provide assistance to small and midsize local companies engaged in the medical and welfare business.
Casabella brand gloves (Provided by Itochu Corp.)
Itochu to sell Casabella brand housewares in Japan
Itochu Corp. will become Japan’s exclusive importer of popular U.S. housewares brand Casabella, the trading house said Sept. 1.
Mizuho Bank Ltd. President Nobuhide Hayashi (Asahi Shimbun file photo)
Mizuho Bank to open branch office in India’s Ahmedabad
Mizuho Bank Ltd. announced Sept. 2 that it has obtained approval from the Reserve Bank of India to open a branch office in Ahmedabad in the state of Gujarat in northwest India.
Staff at a hospital in India run by Toyota Tsusho Corp. (Provided by Toyota Tsusho Corp.)
Japanese trading houses turning to hospital businesses across Asia
Although barred from operating hospitals at home, Japanese companies are taking advantage of looser regulations in Asia to establish medical facilities in a region with high growth and an aging population, just like Japan.
The first Lexus NX produced by Toyota Motor Corp.'s Kyushu Miyata Plant in Miyawaka, Fukuoka Prefecture is seen during a ceremony on Aug. 8. (So Ouchi)
Luxury carmakers including Lexus go head-to-head with smaller, affordable vehicles
Competition in Japan's luxury vehicle market is becoming fierce as automakers focus on producing compact and relatively inexpensive vehicles.
The SEA-US submarine cable route (Provided by NEC Corp.)
NEC to lay cable between Southeast Asia and U.S. mainland
NEC Corp. will lay a new large-capacity submarine cable that connects Southeast Asia and the mainland United States through Guam and Hawaii, the company said Aug. 29.
The rendering shows that frames, drawn in blue, are installed on the outer portions of balconies of a building. (Provided by Okumura Corp.)
Okumura develops new quake reinforcement technique
Osaka-based Okumura Corp. has developed a new method to reinforce buildings against earthquakes by installing frames on the outer portions of balconies or external corridors.
Shoppers browse through a display of onions in the special sales area for vegetables at the Aeon Makuhari New City store in Chiba on Aug. 30. (Takuya Sumikawa)
Bad summer weather forcing consumers to pay more to eat their vegetables
Vegetable prices are soaring due to the summer's heavy rains and a lack of sunshine across the nation, making for poorer growing and harvesting conditions than in usual years.
3-D map data of Tokyo’s Akihabara district (Provided by Zenrin Co.)
Zenrin to provide 3-D map data of cities to game companies
One of Japan's top map information providers plans to expand its clientele base by offering 3-D map data of the nation's major cities to video game developers to help them replicate more realistic streetscapes in their gaming products.
Japan Airlines Co. President Yoshiharu Ueki, left, and Mitsubishi Aircraft Corp. CEO Hideo Egawa, right, shake hands after their news conference in Tokyo's Shinagawa Ward on Aug. 28. (Reina Kitamura)
Recovering JAL to buy 32 of Mitsubishi's new jetliner
In a sign of its economic recovery, Japan Airlines Co. has agreed to purchase Mitsubishi Aircraft Corp.'s latest jetliner, six years after rival All Nippon Airways Co. chose to add the innovative aircraft to its fleet.
An artist's concept of a hydrogen fueling station in Tokyo (Provided by Iwatani Corp.)
Iwatani to build 1st FCV hydrogen fueling station in central Tokyo
Iwatani Corp. will open a hydrogen fueling station for fuel-cell vehicles near Tokyo Tower in the capital's Minato Ward, the first to be built in central Tokyo, the energy company said Aug. 28.
CoolShot 20 (Provided by Nikon Corp.)
Nikon to release compact laser rangefinder for golfers
Nikon Corp. will start sales on Sept. 12 of a lightweight, pocket-size laser rangefinder for golfers.
Amazon Japan's largest distribution center in Odawara, Kanagawa Prefecture, in September 2013 (Asahi Shimbun file photo)
Book publishers shout foul over Amazon Japan's new ratings
Online retail giant Amazon Japan introduced a new system this summer to rank book publishers, a decision that has not gone down well with its business partners.
Ginza Mitsukoshi department store in Tokyo's Chuo Ward (Asahi Shimbun file photo)
Airport-style duty-free store to open in Tokyo’s Ginza
Foreign tourists as well as Japanese travelers headed for international destinations will be able to start their duty-free shopping in central Tokyo from next year.
Ichitan brand of teas marketed in Thailand (Provided by Mitsubishi Corp.)
Mitsubishi enters Indonesian beverage market
Mitsubishi Corp. announced that it is entering the Indonesian beverage market through a joint venture between PT. Atri Pasifik and Thailand’s Ichitan Group Public Co.
Resource-renewable boiling water reactors (Provided by Hitachi Ltd.)
Hitachi begins joint research with goal of using radioactive waste materials as fuel
Hitachi Ltd. said Aug. 28 it is jointly working with three U.S. universities to develop a method to use transuranium elements (TRUs) as fuel and develop resource-renewable boiling water reactors (RBWRs) that can effectively use radioactive waste materials as fuel.
Sadayuki Sakakibara, chairman of Keidanren (Asahi Shimbun file photo)
Keidanren eyes resuming political donations after 5-year break
Japan's largest business lobby is set to call on member companies to resume making political donations after a five-year hiatus in hopes of engineering conditions for a better business climate, sources said.
The L0 Series maglev bullet train prototype during tests in Tsuru, Yamanashi Prefecture, in August 2013 (Asahi Shimbun file photo)
Final maglev train outline submitted, despite difficulties of tunnels
Central Japan Railway Co. (JR Tokai) publicized the final outline for its maglev bullet train project, as the operator submitted required documents to transport minister Akihiro Ota for approval on Aug. 26.
Japanese industry minister Toshimitsu Motegi, left, attends a meeting of economic ministers of the Association of Southeast Asian Nations held in Naypyidaw, Myanmar, on Aug. 26. (Go Kobayashi)
Japan proposes improved energy-efficiency and health care to ASEAN nations
NAYPYIDAW, Myanmar--Japan pledged to help promote energy conservation and preventive health care in Southeast Asia during a key international meeting between economic ministers here on Aug. 26.
A Toyota factory in Bangalore, India, operating at full capacity in 2010 (Asahi Shimbun file photo)
India regulator fines carmakers $420 mln for anti-competitive practices
NEW DELHI--India's pricing regulator has fined more than a dozen global and local carmakers a total of 25.5 billion rupees ($420 million) after a probe found they had engaged in anti-competitive practices in the world's sixth largest auto market.

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