Edition:
United States

Ritsuko Ando

Japan's Suntory joins rival Coca Cola to push Vietnam on plastic recycling

Jun 25 2019

TOKYO Japanese beverage giant Suntory Holdings said it would work with rival Coca-Cola as well as Nestle to push the government in Vietnam, among the biggest contributors to plastic waste in the ocean, to create a large-scale recycling system.

Japan's Zozo sees profit recovering this year after bodysuit blunder

Apr 25 2019

TOKYO Japanese online fashion retailer Zozo Inc said it expects its profit to recover in the current fiscal year, after booking its first-ever annual drop in earnings on a failed experiment with bespoke tailoring and clashes with fashion brands.

Ageless in Japan: Suntory sells 'world whisky' blend as premium tipple

Apr 15 2019

TOKYO/LONDON Japan's Suntory Holdings, faced with a whisky crunch, is selling a rare mix sourced from around the world as premium whisky, aiming to elevate the status of young blends among discerning drinkers who often swear by aged single malts.

Uniqlo owner Fast Retailing cuts outlook after winter discounts

Apr 11 2019

TOKYO Uniqlo owner Fast Retailing cut its full-year profit forecast after an unseasonably warm weather forced it to slash prices for winter clothes, but the number will still be a record high as its business in China continues to be strong.

RPT-Closing time? Japan convenience stores pressed to end 24-7 model amid labour crunch

Mar 21 2019

* Franchise owners battle with 7-Eleven to keep shorter hours

Closing time? Japan convenience stores pressed to end 24-7 model amid labor crunch

Mar 20 2019

TOKYO Japan's 24-hour convenience stores are struggling to stay open around the clock as an industry that has continually expanded now finds itself at the sharp end of a labor shortage.

Itochu amasses 40 percent stake in Descente in rare Japan hostile bid

Mar 15 2019

TOKYO Trading house Itochu Corp said on Friday it has amassed a 40 percent stake in sportswear maker Descente Ltd, setting the stage for a rare hostile takeover in Japan's consensus-driven market.

UPDATE 1-Japan's Zozo cuts outlook, blames failed measurement-taking Zozosuit

Jan 31 2019

* Sees full-year operating profit Y26.5 bln vs previous Y40 bln

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