Japan

Suntory Beverage & Food net profit up nearly 10% in Q1

Its net profit attributable to owners amounted JPY14.6b.

Suntory Beverage & Food net profit up nearly 10% in Q1

Its net profit attributable to owners amounted JPY14.6b.

UNIQLO to expand in Luxembourg

The first Luxembourg store will span 950 square metres over three floors.

World of Flight opens first Jordan-only store in Japan

The Jordan World of Flight Shibuya is also the first in Asia. 

Seven & i to close 14 Ito-Yokado stores

It aims to focus its core strategy on food.

Suntory Group posts nearly 20% profit growth in 2022

Its profit stood at JPY136.2b, approximately US$1.01b.

Japan’s kaintenzushi restaurant chains eye global expansion

This comes as the chain sees a slow domestic market demand. 

UNIQLO Japan’s operating profit drops by 5.6%

Its operating profit stood at JPY39.4b in the first quarter of FY2023.

Fast Retailing Q1 profit contracts 9.1% in FY2023

This is despite a 14.2YoY revenue growth.

ASICS acquires race registration platform njuko

It will now offer race registration services globally.

Bain Capital to buy majority stake in Japanese apparel maker Mash 

Fashion brands under Mash include Gelato Pique, Snidel, and Fray I.D.

Japan’s foodservice sector gains from tourism revival

The reopened borders and weaker yen are expected to attract tourists.

Why Japanese brands should expand discounter offerings

The rising cost of living dampened consumers’ purchasing power.

Fast Retailing profit climbs 60% in 2022

Its net profit amounted to JPY273.3b ($1.855b).

Seven & i net income posts over 27% growth in H1

Its net income attributable to owners amounted to JPY136b ($934.8b).

Rakuten eyes carbon neutrality by 2023

It is amongst the companies that joined the RE100 initiative.