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KDDI may invest more in WiMax venture

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Taking up herewith Japanese Business Trend News by Media.
Recent Business Trend will be read via these News.

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Jul 05 Japanese jewelers losing glitter in recession (AP)
 Japan's retail jewelry market shrank by a double-digit figure to a record-low value under 1 trillion yen last year and is likely to shrink further to below 900 billion yen this year due to the recession, an industry group said Saturday. Estimated at 997 billion yen in 2008, down 11.8 percent from the year before, the market plunged as much as 70 percent from its peak of about 3 trillion yen in 1991 and is at the smallest since the survey began in 1984, according to the Japan Jewellery Association.
Jul 04 JAL to retire oldest 747s by August (Yomiuri)
 All seven Boeing 747-300 jumbo jets flown by Japan Airlines will be retired from service at the end of this month, the airline said. Currently, JAL is the country's only airline still using the earliest-generation Boeing 747, whose model numbers range from 100 to 300.
Jul 04 KDDI may invest more in WiMax venture (Reuters)
 KDDI Corp, Japan's No.2 wireless operator, could invest more in a new WiMax venture as it hunts for market share in data services, its president said on Friday. The company, which competes with sector leader NTT DoCoMo Inc and No.3 Softbank Corp in a saturated market, hopes demand for high-speed Internet downloads and uploads on the run will help expand its revenue streams over the long term.
Jul 03 Japan may add noise to quiet hybrid cars for safety (AFP)
 Japan's near-silent hybrid cars have been called dangerous by the vision-impaired and some users, prompting a government review on whether to add a noise-making device, according to an official. The petrol-electric vehicles, which in recent months have become the country's top-selling autos, hum along almost soundlessly when they are switched from fuel to battery mode.
Jul 03 Pinching Japan's noodle makers (Reuters)
 The squeeze is on for Japan's food companies. Already relatively thin, their profit margins could be chipped away by the simultaneous rise in costs and drop in consumer prices that's now underway. This pinch is turning up elsewhere. In the latest tankan survey of corporate sentiment, Japanese companies large and small reported the squeeze as an emerging problem, the Bank of Japan said this week. Predictably, it's a bigger concern among small companies with the least bargaining power on either end.
Jul 03 Japanese love hotels boom in the recession (huffingtonpost.com)
 In Japan, where the global financial meltdown has especially taken its toll, not all industries are languishing. In fact, one of the most notably resilient industries seems to be 'love hotels' (the kind where one may pay by the hour, rather than by the night), according to CNN. One such establishment, the Bonita Hotel in Isawa, currently enjoys a 257 percent occupancy rate. And the industry as a whole is estimated to take in $40 billion per year.
Jul 03 JAL to seek 30 pct rise in international cargo charges (Reuters)
 Japan Airlines Corp (9205.T), Asia's biggest carrier by revenue, will seek a 30 percent jump in international freight rates from the middle of July as part of measures to bolster such operations, the Nikkei business daily said without citing any sources.
Jul 03 GM pullout leaves Toyota with dilemma (Yomiuri)
 Toyota Motor Corp. now faces a dilemma following General Motors Corp.'s decision to withdraw from the two firms' joint venture in California. Will Toyota continue to run the business of New United Motor Manufacturing Inc. (NUMMI) single-handedly, or shut down the operation? Akio Toyoda, who has recently assumed the presidency, is being urged to quickly choose between the two options.
Jul 03 GM hybrids to use Hitachi lithium-ion batteries from '10 (Japan Times)
 Electronics maker Hitachi Ltd. said Thursday it will supply lithium-ion batteries for hybrid vehicles to General Motors Corp. in 2010 and sharply raise production capacity to meet surging demand for gas-electric cars.
Jul 02 Credit Suisse Japan Private Bank Wants 'Several Hundred' Hires (Bloomberg)
 Credit Suisse Group AG, Switzerland's biggest bank by market value, may hire hundreds of employees for its Japanese private banking business as it seeks to tap into $14.8 trillion in assets held by the nation's households.
Jul 02 Kansai leads the way in 'green energy' business (Japan Times)
 An increasing number of companies in the Kansai region are taking on the challenge of developing new businesses using their own energy-saving technologies.
Jul 02 Shinsei, Aozora to merge in 2010 (Japan Times)
 Shinsei Bank and Aozora Bank said Wednesday they have reached an agreement to merge in October next year to create Japan's sixth-largest banking group with total assets of over 18 trillion yen.
Jul 02 Nomura to purchase NikkoCiti for 19 billion yen (Japan Times)
 Nomura Holdings Inc., Japan's largest brokerage, said Wednesday it agreed to acquire Citigroup Inc.'s local trust banking unit for 19 billion yen to boost its asset administration business.
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By J.S. on Jul 6, 2007
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上記広告は1ヶ月以上更新のないブログに表示されています。新しい記事を書くことで広告を消せます。