TOKYO (Reuters) – Japanese discount store operator Don Quijote Holdings will open a new chain in the United States early next year selling take-out Japanese food such as deep-fried oysters and noodles to tap growing demand for Japanese cuisine, the company’s chief executive said on Tuesday.
“If you go to the United States, you can get high-end Japanese food as well as ingredients but there’s a gap when it comes to the kind of middle-of-the-road prepared food that’s popular in Japanese supermarkets,” Takao Yasuda told Reuters in an interview.
TOKYO, Sept 8 (Reuters) – Kei Nishikori’s trail-blazing wins
for Japanese tennis in the U.S. Open over the past week are
landing big marketing victories for sponsors including a fashion
retailer and a watch brand as surprised as anyone at his
The 24-year-old became the first male player from Asia to
advance to any grand slam final after beating Novak Djokovic
before a disbelieving crowd at the Arthur Ashe Stadium on
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.