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Yamato Transport Fiscal 2016 Delivery Volume Hits Record High (News)

Tokyo, April 6 (Jiji Press)—Japan's Yamato Transport Co. said Thursday its parcel delivery volume hit a record high for the second straight year in fiscal 2016 amid the rapid spread of online shopping. The volume for the year ending in March totaled more than 1.87 billion parcels, up 7.9% from the previous year. Yamato has seen personnel shortages in recent years, with drivers forced to work…

Japanese Firms Aiming to Spark European “Toilet Revolution” (News)

Frankfurt, March 24 (Jiji Press)—Japanese companies are boosting efforts in Europe to expand the use of high-tech toilet seats equipped with warm-water shower units that are popular in Japan. Toilet makers Toto and Lixil aim to revolutionize how Europeans use the lavatory by increasing the diffusion rate of such seats, which sits below 1% in Europe, compared to roughly 80% in Japan. Kitamura…

Toshiba to Cut Off Troubled US Unit for Survival (News)

Tokyo, March 14 (Jiji Press)—Toshiba showed its intention Tuesday to remove troubled US subsidiary Westinghouse Electric from its consolidated accounting as part of its ongoing struggle to survive a severe management crisis. Toshiba has been embroiled in an accounting scandal after inappropriate bookkeeping practices came to light in 2015. A Chapter 11 bankruptcy filing by the US nuclear plant …

Job-Hunting Season Kicks Off in Japan (News)

Tokyo, March 1 (Jiji Press)—University and other students in Japan who are due to graduate in spring 2018 kicked off job-hunting activities on Wednesday, when companies were allowed to start offering seminars to provide information about them, including their business operations, for the upcoming graduates. The job-hunting season is expected to last effectively for only some three months, with …

Toshiba in Crisis After Failed Nuclear GambleMori Kazuo

Toshiba is in profound difficulties, facing enormous losses from its nuclear subsidiary and forced to sell off its profitable flash memory business. Journalist Mori Kazuo traces the path from President Nishida Atsutoshi’s 2005 gamble to pull the company out of stagnation up to its present troubles.

Toshiba Reports Larger April–December Loss (News)

Tokyo, Feb. 14 (Jiji Press)—Toshiba Corp. reported Tuesday a group net loss of ¥499.9 billion for April–December 2016, even larger than the year-before loss of ¥479.4 billion, due to its US nuclear power plant business debacle. The company’s auditors have not yet approved earnings for the nine-month period. The unapproved results indicate that the struggling Japanese electronics and machinery m…

A Solution to the Global Water Shortage?

Every summer brings water shortages in Japan, and this has given rise to a host of water-saving products. One major hit in recent years has been the Bubble90 nozzle that can cut water use by 90% while also improving washing performance. It has been widely adopted in the restaurant industry.

The “Analects” and the Abacus: The Contemporary Relevance of Shibusawa Eiichi’s Business PhilosophyTanaka Kazuhiro

Shibusawa Eiichi, the “father of Japanese capitalism,” saw morality as an essential part of economic activity and stressed pursuit of the public interest. His ideas are attracting renewed attention in a time of concern over excesses in global capitalism.

A Venerable Family Business Built on Tea and PaperKikuchi Masanori

The Ejima family has been selling Japanese paper and green tea in the castle town of Odawara, outside Tokyo, for over three centuries. During that time the retailers have bounced back from adversity on several occasions, emerging each time stronger than before.

Nippon Kōdō: Bringing Japan’s Incense Traditions to the WorldKikuchi Masanori

Incense arrived in Japan together with Buddhism in the sixth century. The first professional incense masters were working in the sixteenth century, and incense in Japan has followed a distinctive path from religious ceremonies to connoisseurship and simple enjoyment. Today the country’s biggest incense maker is using an array of new services to increase its international appeal and ensure a brighter, more global future for Japanese incense.

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