In Japan, sex-drives have plunged so low that young, libido-challenged men are sometimes referred to as soshokukei danshi, or herbivore men. Think that's harsh, then consider local condom maker Sagami Rubber Industries Co., battling a shrinking, aging and now increasingly frigid Japanese clientele. It's no ...
Sumitomo Mitsui Financial Group Inc.'s credit card unit is zeroing in on investments in the U.S. financial-technology sector, as Japan plays catchup to other developed economies in electronic payments. Over the past two years, Sumitomo Mitsui Card Co. met with more than 500 U.S. so-called ...
Restaurants, food producers and retailers are among a small but growing number of companies doing what few managed for long during Japan's lost decades: raising prices. From beef bowl chain Matsuya Foods Co. to supermarket and convenience store operator Seven & I Holdings Co., enterprising ...
Tatsuo Aoki's low-key Tokyo bar, Popeye, has become a destination for beer fanatics from around the country. They make the pilgrimage to sample Hokkaido ales and Shizuoka stouts, or for an impromptu lecture from Aoki on hops and yeast. He's part of a nationwide uprising ...
Japanese banks will oppose a push by global regulators to toughen rules on the capital lenders require to withstand an increase in interest rates, the new chief of the country's bank lobby said. Stricter capital requirements for interest-rate risk on assets lenders plan to hold ...
The ruling Liberal Democratic Party wants to raise the deposit limit at state-owned Japan Post Holdings Co.'s lending arm before a planned initial public offering later this year, according to a lawmaker who is backing the change. A higher ceiling than the current ¥10 million ...
Koichi Miyata, the president of Sumitomo Mitsui Financial Group Inc., said the lender will hire more foreign managers for its overseas operations, tapping their local expertise to aid a global expansion. "It's natural to see locally hired foreign managers becoming the majority in a few ...
Deposit your money at a bank in northern Japan and you could get more than interest payments. You might end up getting married. This weekend, 184 depositors at Tsuruoka Shinkin Bank — single men and women with an average age of 32 — are invited ...
Japan's biggest banks are breaking tradition by promoting foreigners to top management roles to retain and lure overseas talent as growth abroad buoys profit. Among recent appointments: In July, Debra Hazelton became the first foreign general manager at Mizuho Financial Group Inc.'s headquarters, where she ...
Mie Kurosaka, Rakuten Inc.'s first female executive, returned to work at Japan's biggest online mall operator only three weeks after giving birth in 2002. Now, as one of Rakuten's four top female executives, the 47-year-old who oversees corporate social responsibility is pushing to have a ...
