Tag Archive : Japan

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TOKYO (Reuters) – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway.

FILE PHOTO: A woman wearing a protective face mask uses an escalator in a quiet business district on the first working day after the Golden Week holiday, following the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan, May 7,2020.REUTERS/Kim Kyung-Hoon

The survey results come as Japan is seen to delay its target this year to raise the share of women in leadership posts to 30% as part of the government’s campaign to empower women, dubbed “womenomics”, and cope with Japan’s ageing population.

The Reuters Corporate Survey, conducted Sept. 29-Oct. 8, found 71% of Japanese firms said women accounted for less than 10% of management, while 17% had no female managers at all.

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By Tetsushi Kajimoto

TOKYO (Reuters) – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway.

The survey results come as Japan is seen to delay its target this year to raise the share of women in leadership posts to 30% as part of the government’s campaign to empower women, dubbed “womenomics”, and cope with Japan’s ageing population.

The Reuters Corporate Survey, conducted Sept. 29-Oct. 8, found 71% of Japanese firms said women accounted for less than 10% of management, while 17% had no female managers at all.

Asked how much scope there was to increase female managers, 55% said by around 10%, a quarter said by about 20%, one in 10 firms said by around 30%, while 5% saw no room for that.

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(Bloomberg) — Mercari Inc., the online flea-market operator that has become one of Japan’s most closely watched tech ventures, is closing in on new highs as the stock has drawn both big and small money.

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The company has already grown to command the largest weighting on Japan’s startup-focused Mothers index as individual investors buy in — of some 230 of the largest Japanese companies with market value of over $5 billion, Mercari has the third-highest percentage of individual shareholders. Then on Oct. 7, Los Angeles-based money manager Capital Group declared it had taken a 5% stake in Mercari.

That’s helping propel the stock to near the 6,000 yen mark it hit just once, on the day it listed to great fanfare in 2018. After a rapid decline, the stock has worked its way back up this year, fueled by its first quarterly operating profit. That’s been helped by

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NXP RF Airfast multi-chip modules support NEC and Rakuten Mobile in the rollout of 5G

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NXP’s RF Airfast multi-chip modules offer a common footprint across frequency and power for different regions
NXP’s RF Airfast multi-chip modules offer a common footprint across frequency and power for different regions
NXP’s RF Airfast multi-chip modules offer a common footprint across frequency and power for different regions

TOKYO and EINDHOVEN, The Netherlands, Oct. 12, 2020 (GLOBE NEWSWIRE) — NXP® Semiconductors N.V. (NXP; NASDAQ: NXPI) and NEC Corporation (NEC; TSE: 6701) today announced that NEC selected NXP to supply RF Airfast multi-chip modules to be used in a Massive MIMO 5G antenna Radio Unit (RU) for Rakuten Mobile, one of Japan’s leading mobile network operators.

NEC’s Massive MIMO 5G antenna RU features a 5G open virtual radio access network (vRAN) interface and has been adopted by Rakuten Mobile for its fully virtualized cloud-native mobile network. The RU utilizes extremely accurate digital beam forming for efficient high-capacity transmission and is

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(Bloomberg) — Daisuke Sasaki has seen his cloud-based accounting company’s valuation swell to $3.7 billion despite having yet to show a profit, but he’s not letting that pressure him.

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Shares of Freee K.K. have quadrupled since going public on the Tokyo Stock Exchange in December, along with rising demand for cloud services amid the remote-working trend.

“We don’t have a set timeframe for when the company will swing to profits,” Sasaki, founder and chief executive of Freee, said in an interview on Aug. 17. “Our business is about subscription.”

The Tokyo-based firm’s stock is one of the many technology names that have surged during Covid-19, fueled by investor euphoria over stay-at-home and DIY themes. While the pandemic roiled the outlook for companies around the world, U.S. accounting software giant Intuit Inc. beat recent earnings estimates, helped by better-than-expected growth for its cloud-based service for small businesses.



chart: Shares of cloud accounting firm have nearly quadrupled since IPO


© Bloomberg

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Kotaku EastEast is your slice of Asian internet culture, bringing you the latest talking points from Japan, Korea, China and beyond. Tune in every morning from 4am to 8am.

This year has been rough, but the novel coronavirus isn’t going away any time soon. In Japan, for example, next February’s in-person Japan Amusement Expo has been canceled.

Japan Amusement Expo (JAEPO) is the industry event to show off the latest arcade hardware—as Siliconera points out, it’s the arcade equivalent of the Tokyo Game Show. Considering not only the proximity of event attendees but also that they would be touching the same arcade cabinets, this shouldn’t come as a surprise.

As Siliconera reports, the Japanese arcade industry’s magazine summed up reasons why the physical event is being canned:

It is hard to think that the novel coronavirus will subside by February 2021, and it is also extremely unclear whether an

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TOKYO (Reuters) – Japanese household spending is expected to have fallen for a 11th straight month in August, a Reuters poll found on Friday, suggesting the coronavirus crisis is still weighing heavily on consumer confidence.

Analysts say the economy is rebounding gradually after suffering its worst post-war contraction in the second quarter, but the jobs and wage situation remain weak.

New COVID-19 cases in Japan have been on a general downward trend recently but appear to be levelling off.

Household spending likely fell 6.9 % in August from a year earlier, the poll of 14 economists showed, after a 7.6 % fall in July.

Compared with the previous month, household spending is forecast to have risen 3.2% in August from a 6.5% decline, the poll found.

“As the coronavirus cases resurged in Japan, people’s self-restraint stance towards spending on entertainment and tourism persisted,” said Takeshi Minami, chief economist at Norinchukin

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By Sam Nussey

TOKYO (Reuters) – SoftBank’s robotics arm said on Monday it will bring a food service robot developed by California-based Bear Robotics to Japan as restaurants grapple with labour shortages and seek to ensure social distancing during the COVID-19 pandemic.

The robot named Servi, which has layers of trays and is equipped with 3D cameras and Lidar sensors for navigation, will launch in January, SoftBank Group Corp said.

Servi will cost 99,800 yen ($950) per month excluding tax on a three year plan.

The launch leverages SoftBank’s long experience in bringing overseas technology to Japan but reflects the shift away from CEO Masayoshi Son’s earlier focus on humanoid robots.

Servi has been tested by Japanese restaurant operators, including Seven & i Holdings at its Denny’s chain, as the sector grapples with an aging workforce and deepening labour shortages.

SoftBank’s humanoid Pepper robot became the face of the company

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Ruten Japan Launched Global Website

September 26, 2020 | website | No Comments

The MarketWatch News Department was not involved in the creation of this content.

TOKYO, Sep 23, 2020 (PR Newswire Europe via COMTEX) —
Free Shipping On Orders Over $50

TOKYO, Sept. 23, 2020 /PRNewswire/ — Ruten Japan is an online-shopping platform, with over 60 million Japanese products. As of today (9/23) the global website of Ruten Japan has officially launched. Ruten Japan has Japanese products that can be shipped to 13 countries and regions, those of which include Singapore, Hong Kong, England, Canada, New Zealand, Indonesia, and Korea, etc. In celebration of Ruten global launch, all orders over USD$ 50 are eligible for free international shipping. Ruten customers will have access to up to 60 million Japanese products sent directly to their door.

https://mma.prnewswire.com/media/1277052/Ruten_Japan_60_million_Japanese_products_shipped_13_countries.jpg [https://mma.prnewswire.com/media/1277052/Ruten_Japan_60_million_Japanese_products_shipped_13_countries.jpg ]

As an Asian start-up business, headquartered in Japan, Ruten Japan has expanded towards the coveted online shopping. The operation mode of Ruten Japan is

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