TOKYO, Dec 21 (News On Japan) –
ENEOS Holdings, a number one oil wholesaler, has discovered itself in uncharted territory with the president resigning for a second time because of inappropriate conduct in direction of ladies.
Tsuyoshi Saito, who joined the then Japan Petroleum in 1986, climbed the company ladder, serving as managing director and vice chairman earlier than changing into president in April 2022. He additionally held a big place within the Japan Business Federation, or Keidanren.
At an organization social occasion, Saito reportedly hugged a girl whereas intoxicated.
The successor as president is deliberate to be determined by the tip of February 2024.
ENEOS Holdings reported consolidated gross sales of over 15 trillion yen in 2022, and has over 40,000 workers.
News On Japan – Dec 21
ENEOS Holdings, a number one oil wholesaler, has discovered itself in uncharted territory with the president resigning for a second time because of inappropriate conduct in direction of ladies.
News On Japan – Dec 21
The common worth per new condominium unit within the Tokyo metropolitan space in November was 82.5 million yen, marking a virtually 40% improve from the identical month final yr. In Tokyo’s 23 wards, the typical worth has exceeded 100 million yen for the primary time in 4 months.
cnbc.com – Dec 19
Japan’s central financial institution expectedly left its ultra-loose financial coverage unchanged at its ultimate coverage assembly this yr in mild of “extremely high uncertainties” affecting the world’s third-largest financial system, pushing any possible unwinding to the brand new yr.
News On Japan – Dec 18
Japan has introduced a rise within the postal fee for letters from the present 84 yen to 110 yen, whereas postcards will likely be raised from 63 yen to 85 yen.
News On Japan – Dec 18
Thousands of shoppers have been left in limbo after ‘Ginza Color,’ a ladies’s hair removing salon, declared chapter, halting operations at 47 shops in Tokyo.
Nikkei – Dec 16
Japanese retailers and different service-sector corporations investing in digital know-how are fueling an increase in company capital funding this fiscal yr, whereas some producers are pulling again amid uncertainty over China.
South China Morning Post – Dec 15
It’s starting to look loads like a grim Christmas in Japan. Sharply rising costs for fundamental foodstuffs imply that the price of a cake for the festive season is up considerably over final yr, whereas dad and mom say they are going to spend much less on their kids’s items.
NHK – Dec 15
Japanese industrial big Toshiba has introduced a brand new slate of administrators beneath a plan to delist from the stock alternate subsequent week. A board majority will likely be held by representatives of the funding fund that bought the agency.
NHK – Dec 13
Japan’s Nissan Motor is shopping for again 5 p.c of its excellent shares from French companion Renault for practically 120 billion yen, or greater than 750 million {dollars}. The deal is a part of an effort by the 2 corporations to rebalance their company alliance.
Nikkei – Dec 13
Japanese leisure group Toho will make investments $225 million in California-based movie and TV studio CJ ENM Fifth Season beneath plans introduced Monday, shifting its sights abroad as streaming squeezes Japan’s film trade.
Reuters – Dec 12
Japan’s wholesale inflation slowed sharply in November as gas and commodity costs fell, information confirmed on Tuesday, an indication of easing cost-push strain on the earth’s third-largest financial system.
News On Japan – Dec 12
Ever wished to go to the world’s most populat vacationer locations along with your avatar? ANA has introduced the launched of a brand new journey app that can take you to 64 places worldwide, starting from Kyoto’s Nijo Castle to Bolivia’s Salar de Uyuni, with a single smartphone.
NHK – Dec 11
A Japanese authorities survey exhibits that enterprise sentiment amongst main corporations remained constructive for the third straight quarter. The Finance Ministry says the outcomes replicate a average restoration within the nation’s financial system.
collisionrepairmag.com – Dec 11
Joby Aviation, an organization creating an all-electric vertical take-off and touchdown (eVTOL) plane for industrial passenger service, has introduced it has partnered with ANA Holdings and Nomura Real Estate Development, one in all Japan’s largest actual property builders, on the event of take-off and touchdown infrastructure, often known as vertiports, to assist the commercialization of its electrical air taxi service throughout Japan.
Nikkei – Dec 11
Credit card issuer Credit Saison will start a rental assure service for foreigners searching for to lease property in Japan, whose authorities is attempting to draw extra expert employees from overseas as a key coverage subject.
News On Japan – Dec 09
The variety of digital subscriptions for the ‘NIKKEI on-line version’ and the specialised media ‘NIKKEI Prime’ sequence provided by the Nihon Keizai Shimbun has exceeded a million.