TOKYO, Aug 19 (News On Japan) –
Rakuten Group and Amazon.com are getting ready to enter Japan’s satellite tv for pc communications market as early as 2026. The Ministry of Internal Affairs and Communications has begun discussions on frequency bands, transmission energy, and different regulatory frameworks vital for brand spanking new entrants.
The transfer is anticipated to broaden connectivity to mountainous areas and distant islands the place terrestrial base stations aren’t out there. Competition will intensify in a market beforehand dominated by SpaceX’s Starlink service.
In Tokyo’s stock market on August 18th, the Nikkei Stock Average closed at 43,714 yen, up 336 yen, or 0.77%, from the earlier buying and selling day. This marked a second consecutive report excessive following August fifteenth. The price-to-book ratio (PBR) approached 1.6 instances, a stage final seen in 2024. Investors continued to purchase into comparatively undervalued shares, broadening the rally.
Toho introduced on August 18th that field workplace income for its live-action movie ‘A Country Report’ reached 10.5 billion yen. This is the primary time in 22 years a live-action movie distributed by Toho has surpassed the ten billion yen mark, the final being ‘Bayside Shakedown 2’ launched in 2003. Since its June sixth launch, the movie has drawn 7.47 million viewers in 73 days, rating third in field workplace historical past amongst live-action movies.
Convenience retailer operator Ministop revealed on August 18th that 23 of its shops in jap and western Japan falsified expiration dates on in-store ready merchandise, together with rice balls and boxed meals. Similar instances had beforehand been uncovered, prompting inside investigations. The firm has suspended gross sales of some in-store ready merchandise throughout all shops whereas persevering with its probe.
Health authorities in Guangdong Province, China, reported almost 10,000 infections from a mosquito-borne viral sickness often called Ngonia fever thus far this yr. While new instances have just lately declined, issues have been raised that containment efforts resemble the strict “zero-COVID” measures as soon as enforced in the course of the pandemic.
Pan Pacific International Holdings, operator of low cost retailer Don Quijote, introduced on August 18th plans to take a position greater than 1.2 trillion yen over the following decade via June 2035. The funding will fund retailer growth, together with 250 new places, and mergers and acquisitions. This represents a pointy improve from 549.6 billion yen invested over the previous decade.
Source: テレ東BIZ