Japan

Japan Tobacco International Appoints New CEO

Japan Tobacco International (JTI) announced on Wednesday that Eddy Pirard will succeed Thomas A. McCoy as president and CEO on April 1, 2017...

Japan’s Household Spending, Retail Sales Decline In October

Japan’s household spending dropped for an eighth straight month and retail sales fell slightly in October, even as the unemployment rate remained at...

Japan’s Retailers Turn Deaf Ear to Kuroda’s Inflation Pledge

While Governor Haruhiko Kuroda’s vow to overshoot the Bank of Japan’s 2 percent inflation target caused a stir among monetary policy watchers i...

Brooklyn Brewery Is Kirin’s Ticket To Win Craft-Beer Share

A trans-Pacific deal to spread the taste of Brooklyn’s best-known beer globally was inspired by a few chugs of lager in a New York City bar. Kazuy...

Kirin Said To Buy Stake in Brooklyn Brewery In Craft Beer Chase

Kirin Holdings Co. will acquire a more than 20 percent stake in a Brooklyn craft beer company, jumping on the specialty lager trend that’s fast-growi...

Seven & I Outlines Overhaul With Department Store Disposal

Seven & i Holdings Co., the Japanese retailer that was called out by activist billionaire investor Dan Loeb, announced an overhaul that includes di...

Japan Retailers Keep Lowering Prices To Sway Frugal Shoppers

Some Japanese retailers are finding a way to make money even as consumers in the country spend less of it. Clothing chain Shimamura Co. beat its forecas...

Seven & I Slashes Forecast on Department Store Writedowns

Seven & i Holdings Co. cut its full-year profit outlook by more than half, wrote down the value of its department and superstores, and said it woul...