Japan

[ad_1] Automaker Honda on Thursday upgraded its annual profit forecast thanks to a strong dollar and healthy North American demand, while rival Nissan said its net profit almost tripled year-on-year.Honda now projects an annual net profit of ¥960 billion ($6.45 billion), up ¥30 billion from the previous forecast.The decision "reflects further strengthening measures to improve profitability and the positive impacts from currency effects," Honda said. [ad_2] Source link

[ad_1] Life insurer Dai-ichi Life Holdings has reached agreement with the parent company of Benefit One on its bid to acquire the health care platform, the companies said on Thursday, taking a major step in a high-profile takeover battle. The agreement with temporary staffing service company Pasona Group, which owns 51.16% of Benefit One, is crucial for Dai-ichi to win the battle against digital health care provider M3, which first […]

[ad_1] Thousands gathered outside of Tokyo Dome on a chilly Wednesday afternoon ahead of pop superstar Taylor Swift’s first show on the Tokyo leg of her world tour. They snapped photos of each other sporting Swift-inspired outfits and exchanged homemade friendship bracelets.“There are so many songs of hers I can relate to,” Mathilde, a French fan living in Tokyo, said just after swapping bracelets with a Japanese Swiftie. “They’ve reflected […]

[ad_1] The “Swiftonomics” effect — or the economic impact of Taylor Swift — on Japan from her four days of shows in Tokyo that kicked off Wednesday is estimated to reach around ¥34.1 billion ($230 million), according to a report compiled by the Economic Impact Research Laboratory.Tickets are sold out for some 220,000 seats for the 34-year-old Grammy award-winning international pop star's Asia run of The Eras Tour at the […]

[ad_1] SoftBank Group swung to its first profit after four straight quarters of losses, backed by a rebound in the value of Vision Fund’s public holdings and a windfall from T-Mobile U.S. shares.The Tokyo-based technology investor reported a net income of ¥950 billion ($6.4 billion) for the December quarter, reversing a ¥783 billion loss for the same period a year ago. It’s the Japanese company’s first profit since September 2022, […]

[ad_1] A record 46.7 million viewers in Britain tuned in to watch women's sports on TV in 2023, eclipsing 2019's mark by almost a million, according to research published by the Women's Sport Trust on Tuesday. The FIFA Women's World Cup final, which England lost 1-0 to Spain at Stadium Australia, was 2023's most-watched women's sports event on TV with 38.4 million viewing hours. The figures, which reflected viewers tuning […]

[ad_1] While many Chinese tourists are expected to arrive in Japan during the Lunar New Year holiday beginning this Saturday, the number will most likely not reach pre-pandemic levels despite it being the first new year since the lifting of a Chinese ban on group tours to Japan.“It will probably increase about tenfold compared with (the same time) last year, however, it still will only be around 50% or 60% […]

[ad_1] Japan's current account surplus nearly doubled to ¥20.63 trillion ($140 billion) in 2023 from a year earlier, boosted by record returns on foreign investments and a sharp drop in the trade deficit, government data showed Thursday.Primary income swelled to ¥34.56 trillion, the highest since comparable data became available in 1985, with a weaker yen inflating the value of overseas investment returns for Japanese companies.The trade deficit more than halved […]

[ad_1] FUKUOKA – Returning Japan men's rugby head coach Eddie Jones provided glimpses this week of what he is looking for after putting his players through their paces over two days in his first training camp.The 64-year-old former England and Australia head coach returned in January to take charge of the Brave Blossoms, having left the post following the country's breakthrough 2015 World Cup, this time envisioning how "superfast rugby" […]