Asahi Group Holdings, a serious participant within the beverage and meals business, has determined to not use expertise affiliated with Johnny’s Entertainment as a result of sexual abuse allegations of former president Johnny Kitagawa.
Asahi Group has beforehand employed Johnny’s expertise in promoting campaigns for 4 merchandise, together with beer and cider.
Concerns in regards to the lack of assist for victims of sexual harassment and the necessity for basic enhancements in organizational administration led Asahi Group to announce that they’ll not interact in promoting that includes Johnny’s expertise. They may also not renew contracts as soon as expired.
Japan Airlines (JAL) has already determined to quickly drop Johnny’s expertise from their ads.
Tokio Marine Nichido can be contemplating terminating its contracts.
China’s financial gloom hangs over Japan’s long-awaited restoration
Japan Times – Sep 07
Policymakers in Tokyo imagine China’s deepening financial woes may hit Japan’s fragile restoration, particularly if Beijing fails to shore up demand with significant stimulus, doubtlessly delaying an exit from ultraloose financial coverage.
Japan watching sharp foreign exchange strikes after yen falls to 10-month low
Kyodo – Sep 07
Japan is monitoring international trade strikes with a way of urgency and can think about well timed motion if the yen’s strikes change into unstable, its prime foreign money diplomat mentioned Wednesday after the yen hit a recent 10-month low in opposition to the U.S. dollar in a single day.
Noriyuki Higashiyama prone to change into new president of Johnny’s
News On Japan – Sep 05
Performer Noriyuki Higashiyama is prone to take over from Julie Ok. Fujishima as president of scandal-plagued Johnny & Associates, Inc., ending a six-decade-long rule over the expertise company by the Kitagawa household, in accordance with a report by Bunshun Online.
Japan’s deflation battle: Progress and challenges
WION – Sep 04
Japan’s financial panorama is one which has been shackled by deflation for 1 / 4 of a century. But latest developments, together with robust wage progress and a broadening pattern of rising costs, have sparked hope of a possible turnaround.
Japan has highest public debt on this planet
ruetir.com – Sep 04
Japan has the very best public debt on this planet, equal to 258 p.c of its Gross Domestic Product. It is the results of a sequence of insurance policies that governments during the last 30 years have applied to stimulate an asphyxiated and non-growing economic system.
Carpenter numbers dwindle, ‘2024 Problem’ looms
News On Japan – Sep 01
The variety of carpenters in Japan has decreased to lower than one-third in comparison with 40 years in the past, with issues that labor shortages will hamper progress within the building business.
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