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NTT Docomo Targets 5G GoldMachida Tetsu

The race has begun among the world’s telecommunications companies to be the first to launch a fifth-generation mobile wireless service. Among the contenders is NTT Docomo, Japan’s largest mobile phone operator. The transition to 5G has the potential of changing everything from how people watch sports to the automobile sector.

Fujifilm to Buy Xerox to Create Office Equipment Giant (News)

Tokyo, Jan. 31 (Jiji Press)—Japan's Fujifilm Holdings Corp. said Wednesday it will acquire US printer and copier maker Xerox Corp. to become a global leader in office equipment. Under an agreement between the two companies, Xerox will merge with Fuji Xerox Co., a Fujifilm subsidiary partly held by the US firm, by the end of September. Fujifilm will acquire a 50.1% share in the merged company fo…

Japan White Goods Shipments Hit 20-Year High in 2017 (News)

Tokyo, Jan. 24 (Jiji Press)—White goods shipments in Japan in 2017 grew 2.0% from the previous year to ¥2.3 trillion, hitting the highest level since 1997, an industry group said Wednesday. Shipments grew for the second consecutive year, led by the popularity of models featuring high energy efficiency and high-spec products that can help save time for household work, according to the Japan Elec…

Yahoo Japan to Promote Veep Kawabe to President (News)

Tokyo, Jan. 24 (Jiji Press)—Yahoo Japan Corp. said Wednesday it will promote Kawabe Kentarō, senior executive vice president, to president after a general shareholders' meeting in June. Kawabe, 43, will replace Miyasaka Manabu, 50, who will become chairman without the right to represent the company. With the young president leading its operating team, Yahoo Japan will aim to enter new territ…

Copies of Self-Defense Force Textbooks Put Up for Online Auction (News)

Tokyo, Jan. 22 (Jiji Press)—More than 50 copies of Japan Ground Self-Defense Force textbooks have been sold in online auctions, GSDF sources said Monday. The copies were put up by a single seller account, they said. The GSDF has been investigating the case amid concern that an insider might have been involved. The textbooks being sold online are kyōhan, or textbooks for military training,…

Toshiba, Western Digital Settle Chip Unit Dispute (News)

Tokyo, Dec. 13 (Jiji Press)—Toshiba Corp. said Wednesday that it has settled a dispute with its flash memory business partner, Western Digital Corp., over its planned sale of subsidiary Toshiba Memory Corp. The agreement to settle all litigation and arbitration represents a major step forward for the chip unit sale, a key part of the struggling Japanese electronics and machinery group's efforts…

Sharp Returns to TSE First Section (News)

Tokyo, Dec. 7 (Jiji Press)—Sharp Corp., now on track to reconstruct its operations, returned to the first section of the Tokyo Stock Exchange on Thursday, about 16 months after its demotion to the TSE second section. The stock fetched the day's first quotation of ¥3,905, up ¥20 from Wednesday's closing on the second section. However, it lost momentum later to close down ¥80 at ¥3,805, extending…

Toray Unit Falsified Tire Material Quality Data (News)

Tokyo, Nov. 28 (Jiji Press)—Major Japanese textile maker Toray Industries Inc. said Tuesday it has found that a wholly owned subsidiary manipulated quality data for tire materials and other products supplied to 13 client companies, in the latest blow to the credibility of Japan's manufacturing industry. Quality control managers of Toray Hybrid Cord Inc., based in Nishio, Aichi Prefecture, tampe…

Yamato Offers ¥2,000 Hourly Pay for Night Drivers at Year-End (News)

Tokyo, Nov. 15 (Jiji Press)—Yamato Transport Co. is recruiting temporary drivers for nighttime parcel deliveries in December by offering an hourly pay of ¥2,000 in some regions, informed sources have said. Yamato is offering more than double the legal minimum wages to secure enough drivers for the period, when delivery demand is expected to surge due chiefly to Christmas and year-end gifts, the…

Buying and Selling by Smartphone: Mercari App Shakes Up Japan’s Consumer SpendingNishida Munechika

Peer-to-peer marketplace app Mercari has enjoyed a meteoric rise since its 2013 launch, reaching a total of 75 million downloads. The company’s valuation has soared to over $1 billion to make it a rare Japanese “unicorn.” The app’s ease of use has been a factor in its success, but has also led to problems with low-quality or shady transactions.

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