Home2019 2019 January

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The sales of major supermarkets nationwide last year decreased for the third year in a row, caused by the impact of clothing sales declining due to the competition with online shopping. According to the Japan Chain Stores Association, sales from leading supermarkets in Japan -totaling 1,0447- last year were about 12 trillion 988.3 billion yen or more. Among them, comparing the sales of comparable shops, it was 0.2% lower than the previous year, and it decreased...

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Access to the taxi dispatch service of the American company Uber using smartphone’s application in Osaka started from Jan. 23rd. “Uber” announced a new service by holding a press conference with Osaka Moriguchi City partner, “Future City” in Osaka city.  According to it, when a user calls a taxi by entering his location and a destination through the application on the smartphone, an approximate fee is displayed and taxis nearby are dispatched.  Payment can be...

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Nomura Holdings, the largest securities company, officially announced that it will acquire Orion beer headquartered in Okinawa Prefecture in collaboration with an investment fund in the United States. The Orion side also agreed with the acquisition, and it is said that the management team will make a part of the investment, and it is their policy to strengthen overseas development and such in the future. According to the announcement, Nomura Holdings and American investment fund Carlyle...

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Sales of department stores nationwide last year were slightly lower than the previous year due to successive disasters such as typhoons and earthquakes, which makes it the first time in two years. According to the Japan Department Stores Association, sales of 226 department stores nationwide last year were 5.887 trillion yen, 1.1% lower than the previous year.  In addition, the sales of existing stores also decreased by 0.8% in comparison to shops that were just...

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Nissan Motor President Hiroto Saikawa stated that “Nissan’s past responsibilities and my responsibilities that led to these circumstances are naturally heavy” in regards to Nissan’s charges for violating the Financial Instruments and Trading Law. In addition, as for future actions, “While the company is facing a lot of very difficult situations, I would like to think about focusing on fulfilling my duties and then taking responsibility for it”.

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The Cabinet Office revised the index “Employee remuneration” after the monthly labor statistics survey issued by the Ministry of Health, Labor and Welfare’s was deemed inaccurate by stating an increase of 700 billion yen when looking at the fiscal year reports. The Ministry of Health, Labor and Welfare’s Monthly Labor Survey on Wages and Labor was conducted inappropriately and the detailed information from 2012 onwards will be republished after the correction. According to the survey,...

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In response to Softbank’s large-scale communication failure last month, it was revealed that Minister Ishida asked NTT Docomo and KDDI for emergency checks at a press conference after the Cabinet meeting on 25th, in order to prevent damages. Under this situation, Minister for Internal Affairs and Communications, Ishida said, “Softbank’s relapse prevention is extremely important, at the same time, we requested information sharing across the industry, and requested other mobile phone operators for emergency inspection”. ...

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The Tokyo stock market and stock prices on Jan. 25th are rising. Following the strong financial results of American semiconductor companies, buy orders are issued in the Tokyo stock market as related stocks. At the Nikkei Stock Average, the closing price in the morning was 209 yen and 4 sen higher than the closing price on the 24th.  TSE stock index = topics rose 14.49 to 1567.09.  The volume in the morning was 666.1 million shares. ...

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While the tough business environment continues in the banking industry as a result of prolonged low-interest rates, the San’in Yokohama Bank, which has its head office in Matsue City and has about one – third of the total stores since April, has strengthen their policy by introducing lunch breaks at window services in 49 branches. Lunch break will last an hour from 11:30 am during their daily shift from 9:00 am to 3:00 pm and...

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Looking at the price movements of goods and services consumed at home, last month’s consumer price index rose by 0.7% compared to the same month in the previous year. However, the range of the increase is smaller than the previous month due to a drop in gasoline price. According to the Ministry of Public Management, Home Affairs, Posts, and Telecommunications, the consumer price index -excluding fresh food- last month was at 101.4 and it registered a positive amount...