TOKYO, Aug 25 (Reuters) – Japan Tobacco Inc is
currently not interested in further acquisitions of vaporisers
or electronic cigarette brands, its president said on Monday.
Japan Tobacco, the world’s third-biggest tobacco company is
poised to complete a takeover of Zandera, the UK maker of the
E-Lites e-cigarette brand, in the next few weeks.
TOKYO (Reuters) – Shares in Japan’s Chugai Pharmaceutical Co Ltd (4519.T: Quote, Profile, Research, Stock Buzz) jumped 15 percent on Monday on a media report that its 60-percent shareholder, Roche Holding AG (ROG.VX: Quote, Profile, Research, Stock Buzz), was in talks to buy the rest of the company for about $10 billion.
Chugai denied over the weekend that it was in talks with Roche over a buyout but investors dismissed the statement, sending the shares limit-up in early trade, to a record 4,015 yen, before closing up 15.4 percent at 3,825 yen.
TOKYO, Aug 12 (Reuters) – Japan’s long-toiling office
workers have an incentive to stay chained to their desks:
shrimp-flavoured crackers, cafe-au-lait taffies, spicy potato
chips and M&M candy.
Confectionery maker Ezaki Glico has taken
convenience to a new level for corporate employees too busy to
pop out of the office with kiosks-in-a-box filled with munchies.
TOKYO (Reuters) – Japan’s biggest drugmaker Takeda Pharmaceutical Co will become more stringent in research and development projects, its newly appointed president said on Tuesday, as the company struggles with shrinking margins due to a dearth of new products.
Christophe Weber, a Frenchman poached from GlaxoSmithKline in April, said Takeda was still reviewing which, if any, of its six major fields of therapy it would exit, but added that it would only now invest in areas where it would “be the best”.
TOKYO, July 16 (Reuters) – Kirin Holdings Co plans
to be the first of Japan’s biggest brewers to embark on a major
push into craft beer, in the company’s latest effort to stem a
long-term decline in market share.
The country’s No.2 beer maker will open microbreweries in
Tokyo and nearby Yokohama in March, with on-site pubs each year
offering nearly 20 types of beer made with traditional
ingredients and methods.
TOKYO (Reuters) – Japanese brewers will release their longest-ever line-up of canned cocktails this summer as fizzy concoctions come to the fore in efforts to offset a decade of declining beer sales.
Brewers such as Kirin Holdings Co Ltd have long tried to retain drinkers by making ever-cheaper, beer-like beverages. But changing tastes among Japan’s youth have seen beer drinks giving up fridge space to highballs, white-wine spritzers and pineapple-flavored rum cocktails.
TOKYO, June 10 (Reuters) – Fast Retailing Co’s
Uniqlo, Japan’s biggest clothing store chain, will lift prices
in its home market from next month – one of the most symbolic
signs yet that the country is making strides in its battle to
end 15 years of chronic deflation.
The price hikes of around 5 percent, which come on top of an
increase in Japan’s sales tax in April, are aimed at shoring up
profit margins amid a weaker yen and a global rise in cotton and
TOKYO (Reuters) – In ageing Japan, retailers are waking up to a hot new demographic: foreign visitors.
Driven by government tourism promotions and lately a weaker yen, the number of inbound travelers has quietly doubled in the past decade to top 10 million for the first time last year. In 2013, they spent $14 billion on everything from powdered green tea to Prada handbags, to rare, red-coral rings.
TOKYO (Reuters) – Last Christmas Eve, Ririko Saito and her 11-year-old daughter gathered some plastic bottles, pots and a kettle and made several trips to a nearby park to get water. Their utility had just turned off the tap after months of unpaid bills.
“I was going to take care of it as soon as I got my paycheck in a few days,” the 49-year-old single mother said. “I figured they wouldn’t be so callous to cut us off at that time of year. I figured wrong.”
TOKYO, May 14 (Reuters) – Ask Yukihiro Katsuta what anyone
could possibly need for sartorial comfort beyond heat-generating
innerwear in winter and a breezy, cooling undershirt in summer
and he’ll tell you that Uniqlo, the Japanese casual-wear brand,
is just getting started.
“I want about 15 ‘brands’ like that,” the head of research
and design at Uniqlo said, referring to the hot-selling Heattech
thermal line and the silky, feather-weight Airism series, the
latter of which earned the status last year as a strategic
stand-alone brand within the Uniqlo universe.