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Japan Update
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href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Trump-urges-Japan-to-pay-more-to-maintain-US-military-bases"> <img src="/web/20160505035749im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/20160505t/20160505_trump/4453094-1-eng-GB/20160505_Trump_main_image.jpg" width="280" alt=""/> </a> <p class="img-caption"> <span class="img-credit"> © AP </span> </p> </div> <div class="feature-article"> <h2 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Trump-urges-Japan-to-pay-more-to-maintain-US-military-bases">Trump urges Japan to pay more to maintain US military bases</a></h2> <p>WASHINGTON (Kyodo) -- U.S. presidential candidate Donald Trump called on Japan on Wednesday to drastically increase its financial contribution to maintain the American military facilities it hosts under a 1960 security treaty."Of course they should p...</p> </div> </div> </div> <div class="article-list "> <div class="article-box text-list"> <ul> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Abe-Merkel-differ-over-fiscal-stimulus-ahead-of-G-7-summit">Abe, Merkel differ over fiscal stimulus ahead of G-7 summit</a></h3> <p>BERLIN (Kyodo) -- Japan and Germany remained apart Wednesday over whether fiscal stimulus is needed to support the flagging global economy, but agreed to continue the discussion at an upcoming Group of Seven summit, Japanese officials said."We had pr...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Discount-stores-multiplying-in-Japan">Discount stores multiplying in Japan</a></h3> <p>TOKYO -- Japanese discount chains are broadening their footprint as they seek to capture budget-minded consumers living in an age of stagnant wages and economic uncertainty.Starting this fiscal year, casual clothing retailer Shimamura aims to launch ...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Takata-air-bag-recall-could-double-to-120m-cars">Takata air bag recall could double to 120m cars</a></h3> <p>NEW YORK -- Takata may have to expand its air bag recall even further, with affected vehicles worldwide seen doubling to a whopping 120 million.The U.S. National Highway Traffic Safety Administration appears intent on urging the Japanese company to r...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/JX-Nippon-Oil-whips-up-cheap-flexible-plastic-rubber-material">JX Nippon Oil whips up cheap, flexible plastic-rubber material</a></h3> <p>TOKYO -- JX Nippon Oil & Energy has developed a material that combines the elasticity of rubber and the cost-competitiveness of plastic, eyeing possible applications in housing and autoparts.This is a new version of an elastomer -- a type of substanc...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Kintetsu-World-to-help-Chinese-e-tailer-speed-up-delivery">Kintetsu World to help Chinese e-tailer speed up delivery</a></h3> <p>TOKYO -- Major Japanese air freight company Kintetsu World Express will start handling shipment and customs clearance of Japanese and other imported products for a Chinese online store, slashing delivery times and giving the seller an edge over rival...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Ex-trade-minister-Shinji-Sato-dies-at-84">Ex-trade minister Shinji Sato dies at 84</a></h3> <p>YAMAGUCHI, Japan (Kyodo) -- Former Liberal Democratic Party lawmaker and trade minister Shinji Sato has died, a source from his hometown in Yamaguchi Prefecture said Wednesday. He was 84.Sato, who was transport minister from 1988 to 1989 and trade mi...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Yen-steady-below-18-month-high-pauses-after-rally">Yen steady below 18-month high, pauses after rally</a></h3> <p>SINGAPORE (Reuters) -- The yen backed off from an 18-month high against the dollar on Wednesday, having lost some steam as position squaring set in after its sharp rally since last week.The dollar held steady near 106.55 yen, having pulled up from Tu...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Japanese-fisheries-company-bets-big-on-fatty-acids">Japanese fisheries company bets big on fatty acids</a></h3> <p>TOKYO -- Japan's Nippon Suisan Kaisha, also known as Nissui, is investing more outside of its century-old seafood business.Nissui has long been a major player in the nation's fisheries industry, now facing difficult times.One goal is to become the wo...</p> </li> <li> <div class="sub-title">Interview</div> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Rising-rates-a-brake-for-car-parts-maker-Riken">Rising rates a brake for car parts maker Riken</a></h3> <p>TOKYO -- Trends in the fast-evolving car industry greatly affect Japan's economy, as well as those of other countries. Kaoru Ito, president of auto component maker Riken, expressed concern about how capital flight and rising interest rates will impac...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Security-services-to-keep-eye-on-short-term-home-rentals-in-Japan">Security services to keep eye on short-term home rentals in Japan</a></h3> <p>TOKYO -- Two security companies here are readying services to help homeowners who rent to travelers, a practice seen as key to easing shortages of lodging as foreign visitors to Japan swell.Sohgo Security Services, or Alsok, will launch its services ...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Gene-altered-foods-demand-fine-grained-thinking-on-safety">Gene-altered foods demand fine-grained thinking on safety</a></h3> <p>TOKYO -- Advances in biotechnology are giving rise to an ever-broadening array of genetically modified foods, challenging safety screeners and consumers alike to distinguish useful innovations from potential health threats.Such foods have gained a si...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Asian-dollar-reserve-talks-unravel-over-funding-rules">Asian dollar reserve talks unravel over funding rules</a></h3> <p>FRANKFURT, Germany -- Negotiations on a stronger multilateral dollar-funding mechanism to prevent currency crises in Asia are gridlocked, with Japan, China and South Korea pursuing stricter rules on lending as Southeast Asian states call for easier a...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Japan-takes-low-key-approach-to-woo-new-ASEAN-governments">Japan takes low-key approach to woo new ASEAN governments</a></h3> <p>NAYPYITAW -- Japan is racing to build relationships with new governments in Myanmar and other Southeast Asian countries amid concerns over China's advances, hoping to differentiate itself by offering support more as a partner than as a patron.</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Automation-seeing-increasing-use-in-garment-factories">Automation seeing increasing use in garment factories</a></h3> <p>TOKYO -- New machines are being developed to help garment factories cope with chronic labor shortages and achieve more consistent product quality.Juki, a manufacturer of industrial sewing machines, will develop robots and conveyor machines for moving...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Japan-looks-to-pay-employers-to-set-shorter-workdays">Japan looks to pay employers to set shorter workdays</a></h3> <p>TOKYO -- Japan's labor ministry is proposing a new subsidy for companies that set a minimum interval between the time employees leave work and when they return the following morning.The idea is to alleviate overwork, a theme of the government's push ...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/In-Belgium-and-France-Abe-promises-help-in-terror-fight">In Belgium and France, Abe promises help in terror fight</a></h3> <p>BRUSSELS/PARIS -- Visiting Japanese Prime Minister Shinzo Abe and his Belgian counterpart Charles Michel agreed Tuesday to establish a bilateral dialogue on counterterrorism and hold the first session this year.Speaking at Egmont Palace in Brussels, ...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Mitsui-buying-condiment-ops-from-Cargill">Mitsui buying condiment ops from Cargill</a></h3> <p>TOKYO -- Mitsui & Co. will acquire the condiment business of American food giant Cargill, aiming to further diversify beyond resource operations where low prices are eroding profits.The Japanese trading house will spend about 10 billion yen ($94.3 mi...</p> </li> <li> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/New-wearable-devices-a-boon-for-medical-monitoring">New wearable devices a boon for medical monitoring</a></h3> <p>TOKYO -- Medical device companies here in Japan and abroad are introducing wearable devices that can monitor patients' vital signs, with the advancements supporting quicker and more responsive medical treatment.Teijin Frontier, an Osaka-based subsidi...</p> </li> <li> <div class="sub-title">Earnings preview</div> <h3 class="title"><a href="/web/20160505035749/http://asia.nikkei.com/Japan-Update/Itochu-seen-missing-fiscal-2015-forecast-with-profit-decline">Itochu seen missing fiscal 2015 forecast with profit decline</a></h3> <p>TOKYO -- Major Japanese trading house Itochu's net profit for the year ended in March likely dropped 10% to about 260 billion yen ($2.44 billion) despite the company's projection of a 10% increase to 330 billion yen.Itochu would see its first net pro...</p> </li> </ul> </div> <div 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