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Fashion company to retail 200 items for \990

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Taking up herewith Japanese Business Trend News by Media.
Business Trend in Japan will be read via these News.
Sep 12 Japan to cut off music piracy (FT.com)
 Every mobile phone in Japan may be installed with software to block illegally copied music if the world's first such system is approved by talks that start in Tokyo next week. The talks between the Recording Industry Association of Japan , mobile phone companies and music download sites aim to agree on new anti-piracy measures by the end of the year, according to several participants. A system could be in place by 2011.
Sep 12 Japanese talent shop to go private (Variety)
 Yoshimoto Kogyo, a major talent shop with wide-ranging media interests, announced on Friday that it plans to go private after accepting a buyout deal from an investment group. The deal, said to be worth $543 million, was inked between Yoshimoto and Quantum Entertainment, a consortium of 14 companies -- including Yahoo! Japan, ad shop Dentsu, mobile communications giant Softbank and Japan's five major TV networks -- led by former Sony chairman Nobuyuki Idei.
Sep 12 JAL eyes Delta as top shareholder (Japan Times)
 Struggling Japan Airlines Corp. is considering receiving capital investments from Delta Air Lines Inc., the world's largest airline, and forming a tieup on international operations with the U.S. carrier, industry sources said Friday.
Sep 11 Japan to require firms to disclose executive pay (Bloomberg)
 Japan plans to require companies to disclose executive pay in their financial statements. Japan's Financial Services Agency will mandate that companies reveal the aggregate amount they pay their executives and the form of payment, starting from the current fiscal year, the report said. The disclosure is currently voluntary in Japan.
Sep 11 New government policies rattle corporate Japan (Reuters)
 Proposals by Japan's new ruling party to slash greenhouse gas emissions may trigger a shake-out in smokestack industries like paper, cement and steel, but boost firms investing in solar and other green technologies. A Democratic Party (DPJ) pledge to cut emissions by 25 percent from 1990 levels by 2020 is one of several proposals causing a stir across businesses.
Sep 10 Japanese brewer may buy Orangina (BBC)
 Japan's third-biggest brewer Suntory is in talks about buying the Orangina soft drinks business from its private equity owners, Blackstone and Lion Capital. They bought the business that owns the Oasis, Schweppes, La Casera and TriNa brands from Cadbury for $2.2bn in 2006.
Sep 10 Japan's beer shipments hit record low in August on poor weather (AP)
 Shipments of beer and beer-like drinks in Japan fell 6.0 percent in August from a year earlier to 42.7 million cases, a record low for the month since comparable data became available in 1992, due to a spell of unseasonably cool weather, according to industry reports released Thursday.
Sep 10 Japan studies noisier hybrids (Sydney Morning Herald)
 An appeal of a hybrid or electric car is its super-quiet drive. But worries are growing blind people may be endangered by their silence. The Japanese government has set up a panel with automakers, organisations for the blind and consumers groups to come up with a solution, which could have such vehicles emitting what sounds like engine noise or musical sounds like a cell-phone ring-tone, officials said on Tuesday.
Sep 10 Japanese shoppers break with tradition (FT.com)
 When Fast Retailing began to sell its ¥990 jeans in Japan this year, it caused a sensation - and the jeans flew off the shelves. But the company that owns the Uniqlo and g.u. casual clothing chains was quickly outdone on price by Aeon, one of Japan's largest supermarket operators, which came out with a line of ¥880 jeans last month. Aeon sold 240,000 of the jeans in the first 10 days, equivalent to half its annual sales of denim trousers.
Sep 10 Mitsubishi delays delivery of Japan's first passenger jet (AFP)
 Mitsubishi Heavy Industries said Wednesday that it had pushed back the delivery of Japan's first passenger jet until 2014 after revamping the design, while eyeing a stretch version for Europe. The company, which is being advised by the US aircraft maker Boeing, has revamped the design by increasing cabin and cargo space, as well as switching to aluminium for the wings, from lightweight carbon-fibre.
Sep 10 Japan accelerates moves to secure rare metals (Yomiuri)
 Both the public and private sectors have begun taking action to secure supplies of rare metals, which are essential materials in the manufacturing of parts for hybrid vehicles and other advanced high-tech products. The Economy, Trade and Industry Ministry has signed contracts with three African countries to search for natural resources, accelerating moves to help countries with rare metals exploit their natural resources.
Sep 09 Beatles fans rush to purchase digitally remastered CDs (AP)
 Fans of The Beatles rushed to music shops in Japan Wednesday to purchase digitally remastered CDs of the legendary rock band's 14 albums. At a major music store in Tokyo's fashionable Ginza district, some 150 people gathered for the commemoration event to mark the worldwide release of the albums at around Tuesday midnight.
Sep 09 Chinese herbal medicine firms in good health (Yomiuri)
 Chinese herbal medicines have recently been growing in popularity due to heightened public awareness of health issues, such as concerns over obesity. Efforts to adopt easy-to-understand descriptions on product packaging also has boosted the popularity of such medicines. According to Fuji-Keizai Co., a private market research company, sales of herbal medicines for self-medication increased to about 16.5 billion yen in 2008 from about 14.5 billion yen in 2006.
Sep 09 Fashion company to retail 200 items for ¥990 (Japan Times)
 GOV Retailing Co. announced Tuesday that one-third of its g.u. brand's fall-winter collection, or 200 of the 600 items, will retail for ¥990. GOV's latest move, which expands by about five times the number of items at that price compared with last year's collection, is likely to intensify competition in the industry, which is already crowded with low-cost merchandisers.
Sep 09 Kirin, Suntory seek FTC advice (Japan Times)
 Kirin Holdings Co. and Suntory Holdings Ltd. plan to ask the Fair Trade Commission for a preliminary investigation into whether their proposed merger runs counter to the Antimonopoly Law, industry sources said Tuesday. Kirin and Suntory have been in talks to reach agreement as early as this year on integrating themselves into one of the world's largest beverage makers.
Sep 08 Japan Inc. balks at 25% carbon reduction target (BusinessWeek)
 No one can doubt the green credentials of Japan's new government. Just days after defeating the Liberal Democratic Party in an Aug. 30 election, Yukio Hatoyama, leader of the Democratic Party of Japan and soon-to-be new Prime Minister, has reiterated a pre-election pledge that Japan will cut greenhouse gas emissions by 25% by 2020, compared with 1990 levels. Putting that into perspective, Nippon Keidanren, Japan's biggest business lobby favors a 4% reduction. The outgoing LDP government had proposed an 8% cut.
Sep 08 Toyota increases hiring in Japan (BBC)
 Toyota is hiring 800 contract workers in Japan, its first increase in jobs in more than a year. The Japanese carmaker said this was due to higher demand for its Prius petrol-electric hybrid in Japan. Toyota now employs 1,300 contract workers in Japan, who are distinct from the 70,000 full-time workers that have guaranteed lifetime employment.
Sep 08 Pepper Lunch to stop business with meat processing cooperative (AP)
 Pepper Food Service Co. said Tuesday it will stop doing business with a meat processing cooperative in Ogaki, Gifu Prefecture, after some customers at the Tokyo-based firm's Pepper Lunch steakhouses developed food poisoning. The company also said all of its 187 Pepper Lunch stores across Japan will continue to be closed for a second straight day, while they will stop serving diced beefsteak which is believed to have made at least 25 customers ill from the O-157 strain of E. coli bacteria.
Sep 08 Foreign manufacturers steadily make inroads into Japan (Japan Today)
 Some foreign manufacturers once metaphorically likened Japan to the isolated Galapagos Islands as they faced difficulties in cracking a market virtually dominated by their Japanese opponents. Japan was called a "Galapagos" because foreign producers faced entry barriers and domestic makers and shoppers that considered many Japan-made goods to be high quality, creating a market separated from normal contact with the rest of the world. However, foreign manufacturers' efforts are beginning to bear fruit.
Sep 08 Credit Saison eyes Net-based political donation-handling business (Yomiuri)
 Credit Saison Co. plans to launch a business to handle an expected increase in political donations from individual donors following the Democratic Party of Japan's election victory, The Yomiuri Shimbun learned Monday. The DPJ touts the abolition of donations from businesses and organizations in its campaign manifesto.
Sep 08 Station kiosks speeding up with self-checkout (Yomiuri)
 A kiosk operator is installing self-service cash registers at vending stands at East Japan Railway Co. stations in a bid to speed up transactions and encourage customers to pick up a little something while they wait for their trains. Customers use the self-checkouts by scanning an item's bar code on a reading device and paying with a Suica card or other form of electronic money.
Sep 07 Toho says Hollywood losing luster in Japan (Reuters)
 Toho Co Ltd, Japan's largest movie company, said the country's fading interest in Hollywood movies has cast a cloud over its growth prospects, overshadowing a boost from a revival in Japanese films. Toho is both Japan's biggest distributor of movies and its largest theater operator, with a nationwide network of some 70 cinemas housing 560 screens.
Sep 07 B2B media market in Japan is slow-growing (Reuters)
 Japan's B2B market often receives less attention than its size would suggest is merited. Conventional wisdom still suggests that the B2B media market in Japan is slow-growing (even sleepy), highly regulated and offers limited opportunities for foreign operators. Despite this reputation, a few companies such as UBM and Reed Exhibitions have built solid businesses in Japan with both events and publications and online players such as Alibaba.com and Baidu have made the Japanese market a strategic priority.
Sep 07 Once high flyers, Lehman traders grounded at Mizuho (Reuters)
 When Lehman Brothers collapsed last September, Japan's Mizuho Securities (8606.T) elbowed past bigger rival Nomura Holdings (8604.T) to scoop up one of Lehman's prized assets in Tokyo: its hotshot team of electronic traders. A year later, that team of whiz-kid traders, cloistered from the rest of the trading floor by a wall of glass, has produced scant revenue, according to three people with direct knowledge of the matter.
Sep 07 Pepper Lunch restaurants nationwide closed after food poisoning (AP)
 Pepper Food Service Co. said Monday it has closed all its Pepper Lunch restaurants in Japan the same day after at least 11 customers developed food poisoning. The company, which operates more than 200 restaurants at home and abroad, said it plans to clean each outlet and ensure hygiene controls are in place.
Sep 07 Keeping Japan and China in the game (news.com.au)
 The chairman of Infrastructure Australia, Rod Eddington, sees Japan and China as logical suppliers of capital for a range of infrastructure projects in Australia and he is confident such investment will increase. Sir Rod, who is also head of the Australia Japan Business Co-operation Committeee, spent last week hosting a high-level Japanese mission to explore the potential for investment in infrastructure in Australia.
Sep 07 Govt, private firms to tackle cell phone music piracy (Yomiuri)
 The Internal Affairs and Communications Ministry and the telecom and music industries plan to jointly introduce a system to prevent cell phone users from downloading illegally distributed music files to their cell phones via the Internet, it has been learned. The system, which could be operational as early as fiscal 2010, will be the first of its kind in the world.
By J.S. on Sep 16, 2009



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