The Japanese Game Manufacturer, Nintendo, has sold 23% fewer Switch consoles in the last quarter than a year earlier due to chip shortages.
In the events of market downturn that has ravaged many technology portfolios, SoftBank has raised as much as $22billion dollars in cash from deals that would sharply reduce its stake in Alibaba over the coming years.
Lastly, we will talk about the announcement Sony has made this morning. The company will be rolling out a beta to test a collection of fan-requested new features for the PlayStation 5.
On Japan Market Daily, we take a look at interesting businesses, government policies, and decisions happening in the Japanese market.
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Host: Erika Kifune/ Producer: Kifune Media/ Music: audionautix.com
Here's the topic for today's episode;
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Host: Erika Kifune/ Producer: Kifune Media/ Music: audionautix.com
Today, the Nikkei completed revisions to the rules for calculating the Nikkei Stock Average and choosing its components. The modifications, which will go into effect on October 3rd this year, will impose a weight limit on constituent shares.
Tokyo stocks ended marginally higher today. Technology shares were the only primary sector that rose, as investors waited anxiously for the outcome of a U.S. Federal Reserve policy meeting.
Cryptocurrency lobbying groups, JVCEA and JCBA in Japan plan to petition the government's Financial Service Agency to relax corporate tax rules that are stunting the growth of the country’s digital asset industry.
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Host: Erika Kifune/ Producer: Kifune Media/ Music: audionautix.com
The Japanese government announced it will provide $700 million worth of subsidy to 2 semi conductor production facilities, Kioxia and Western Digital, as part of efforts to secure stable domestic chip production. Japan's french fry shortage boosts imports from China and has restaurants limiting their sales of it. On a less serious note, the anticipated Studio Ghibli theme park is finally expected to open on November 1st and tickets will be on sale from August 10th through an online lottery system.
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Host: Erika Kifune
Producer: Kifune Media
Music: audionautix.com
Today's topics are;
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Host: Erika Kifune
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Here are the topics of the day
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Host: Erika Kifune
Producer: Kifune Media
Music: audionautix.com
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Japan Airlines relocates 3000 of their employees, SoftBank puts brakes on Arm’s London IPO, and Tokyo stocks higher in morning as fears of Fed rate hike ease. Plus, the two-time Olympian, Yuzuru Hanyu has announced his intention to retire from competitive skating.
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Host: Erika Kifune
Producer: Kifune Media
Music: audionautix.com
Inquiries: kifunemedia@gmail.com
After much debate, Panasonic has finally chosen a winner for where to build the $4bn large-scale battery factory. Prime Minister Kishida said they intend to bring up to 9 nuclear reactors online this winter to prepare for possible power shortages during peak periods. Toyota Crown, a big star in Japan and one of Toyota’s longest-running products, will be going on sale around the world for the first time, including in the U.S.
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Here are the 3 topics we'll cover from today's news.
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Host: Erika Kifune / Production: Kifune Media / Music: audionautix.com
On Japan Market Daily, we take a look at interesting businesses, government policies, and decisions happening in the Japanese market.
Enjoyed the podcast?👉 Rate Us
✉️ Business Enquiries 👉 KifuneMedia@gmail.com
Host: Erika Kifune / Producer: Kifune Media / Music: audionautix.com