Asahi Group Holdings, Ltd. (“Asahi”) is pleased to announce that Asahi Europe Ltd (“AEL”), a wholly owned subsidiary of Asahi, completed the acquisition of the premium beer and cider business and other related assets (“Target Business”) of Fuller, Smith & Turner P.L.C. (“Fuller’s”), which is listed on the London Stock Exchange, and operates pubs, hotels, and a premium beer and […]
Industry News
Suzuki Reveals All-new Carry in Indonesia
Suzuki revealed a global truck, the all-new Carry in Indonesia. In 1976, Suzuki started export of the Carry from Japan, and started production in Indonesia in the same year. Since then, the Carry has been acclaimed for its ease-of-use and durability. It has supported working people in various industries including agriculture, fisheries, construction and delivery in 145 countries and regions […]
Mazda Production and Sales Results for March 2019 and for April 2018 through March 2019 (Flash Report)
Mazda Motor Corporation’s production and sales results for March 2019 and for April 2018 through March 2019 are summarized below. I. Production Breakdown March 2019 Apr 2018 – Mar 2019 Jan – Mar 2019 Units YoY Change (%) Units YoY Change (%) Units YoY Change (%) DOMESTIC PRODUCTION Passenger Vehicles 89,136 -4.2 998,312 +2.3 268,096 +5.5 Commercial Vehicles 982 -12.2 […]
Yokogawa Releases FAST/TOOLS R10.04 Real-time Operations Management and Visualization Software
Yokogawa Electric Corporation (TOKYO: 6841) announces the release of FAST/TOOLS R10.04, the latest version of its renowned real-time operations management and visualization software, and will release it for sale on April 18 as part of its OpreX™ Control and Safety System family. A highly flexible and scalable supervisory control and data acquisition (SCADA) solution suitable for use in everything from […]
Beam Suntory introduces Legent, a masterful collaboration between two celebrated whisk(e)y legends
East Meets West as this first-of-its-kind bourbon melds Kentucky distilling tradition with Japanese blending excellence. Read more: https://www.suntory.com/news/article/mt_items/13416E-2.pdf
EU and Japan Sign Breakthrough Free Trade Agreement
In a boost for global free trade, Japanese Prime Minister Shinzo Abe and EU Presidents Jean-Claude Juncker and Donald Tusk yesterday signed the Japan-EU Economic Partnership Agreement (EPA) to lay the ground work for the creation of an open trade zone covering over 600 million people. Also known as JEFTA, the deal has been long in the making, but was […]
METI Releases White Paper on International Economy and Trade 2018
The global economy is facing significant shifts, according to the 2018 White Paper on International Economy and Trade released recently by the Ministry of Economy, Trade and Industry (METI). These shifts include movements against the free trade system under the WTO, advancement of digital transformation including expanding digital trade, and the rise of China and other emerging and developing economies. […]
Path to Power: New METI Report on Corporate Law and International Competitiveness
The Ministry of Economy, Trade and Industry (METI) said it has released a report on Corporate Law and International Competitiveness, covering ideal approaches to legal functions in Japanese companies. It is the result of work by the Study Group for Development of Ideal Approaches to Legal Functions in Japanese Companies for Enhancement of International Competitiveness, which aims at discussing policy […]
JAXA and JAMA Work Together on AI Systems for Self-Driving Cars
The Japan Aerospace Exploration Agency (JAXA) said that it started collaboration with the Japan Automobile Manufacturers Association (JAMA) on quality assurance of AI platforms designed to drive autonomous automobiles. In working with Japan’s car industry, JAXA aims to obtain the knowledge necessary to develop safe AI software onboard spacecraft. Through developing spacecraft and other pursuits, JAXA has acquired and built […]
Money Motivates in Japan, Too – Hays Salary Guide 2018
People working in Japan are not happy with their pay, and they are increasingly motivated by money. These are the key findings of the recently published 2018 Hays Asia Salary Guide, which underscore the major shift away from lifetime employment and seniority-based pay that is happening in Japan right now. Indeed, “less than 10 percent of workers aged 40-45 have […]
Record Profits at Japanese Manufacturers, Wholesalers – METI Survey
Japan’s Ministry of Economy, Trade and Industry (METI) has released results of its 2017 Basic Survey of Japanese Business Structure and Activities. The report surveyed 28,550 companies with the goal to shed light on how management strategies of Japanese enterprises and industrial structures evolve. Sales and profit conditions Sales per company decreased by 2.9 percent year-on-year to 3.04 billion yen […]
Japan Launches World Robot Summit, Competition Prize Money to Top 100M Yen
The Japanese government underlines the country’s strength in robotics by launching the World Robot Summit 2018 in October this year. The event will bring together the world’s most advanced robots and robotic technologies along with researchers and developers of robots and key government and private industry players. Hosted by the Ministry of Economy, Trade and Industry (METI) and the New […]
Rakuten and Walmart Form Strategic Alliance
Rakuten and Walmart are joining forces to launch an online grocery delivery service in Japan and a new eBooks and audiobooks offering in the U.S. The new strategic alliance looks to use each company’s strengths and assets to make sure that customers are served better. The new online grocery delivery service in Japan is slated for launch at the beginning […]
Japanese Companies Upbeat on SW Asia, Mood Recovers on China – JETRO
Japanese companies see improved business confidence in Asia and Oceania in 2017, according to a recent survey by the Japan External Trade Organization (JETRO). While being particularly upbeat on opportunities in Southwest Asia, motivation to expand business in China has recovered as well. Increasing profitability With 67.4 percent of respondents estimating an operational profit – an increase by 4.6 percent […]
Tourist Spending in Japan Snowballs to More Than 4 Trillion Yen in 2017
Tourist spending in Japan topped a record-breaking 4.4 trillion yen ($39.7 billion) in 2017, according to a recent survey by the Japan Tourism Agency (JTA). An increase of 17.8 percent from the previous year, this marked the first time that travel expenditures exceeded 4 billion yen and the fifth record year in a row. By country and region, spending of […]
