The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a takeover bid from Canada’s Alimentation Couche-Tard.
Category: Japan
-
Japan’s Economy Recovered In Second Half But Barely Grew in 2024
Though it recovered in the second half of the year, Japan’s economy barely grew in 2024 as a depreciated yen fueled inflation and strained households.
-
Honda and Nissan Scrap $50 Billion Merger Plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.
-
Global Markets Brace for Fallout From Trump Tariffs
Shares in Japanese and South Korean manufacturers tumbled on concern that tariffs will hurt trade in North America, where they have major investments in factories.
-
Three Great Documentaries to Stream
This month’s films include portraits of the actress Jean Seberg and the director David Lynch, plus one of the year’s Oscar nominees.
-
Kenichiro Yoshida Will Step Down as C.E.O. of Sony
Kenichiro Yoshida, who has led Sony since 2018, will be succeeded as C.E.O. by the company’s chief financial officer.
-
Fries With Your McBaguette? For Some Travelers, McDonald’s Is a Destination.
A new photography book showcases idiosyncratic locations, including a “ski-through” window in Sweden, and local menu offerings that some see as an entry point into an unfamiliar cuisine.
-
Fries With Your McBaguette? For Some Travelers, McDonald’s Is a Destination.
A new photography book showcases idiosyncratic locations, including a “ski-through” window in Sweden, and local menu offerings that some see as an entry point into an unfamiliar cuisine.
-
Japan Stocks Sink as Rout in Technology Shares Spreads to Asia
U.S. markets sold off on Monday after a little-known Chinese artificial intelligence start-up ignited concerns about the valuations of technology companies.
-
MeToo Outrage Leaves Japanese Broadcaster Without a Single Advertiser
A popular TV host admitted trying to conceal a sexual assault complaint. This time, the reaction was swift and harsh, and aimed not only at him but also his employers.
-
Japan Raises Interest Rates to Highest Level Since 2008
After a long period of stagnation, the return of inflation and wage growth is giving the Bank of Japan room to raise interest rates.
-
‘The Colors Within’ Review: Shades of Teenage Friendship
This anime, directed by Naoko Yamada, pales in comparison to the vivid vision of Totsuko, who experiences the spirits of her bandmates as colors.