Japan
Japan’s games, puzzles market almost double in 2022
Japan’s games, puzzles market almost double in 2022
Driven by Pokemon, it recorded the fastest growth in Asia.
Koala brings home Retail Asia Awards win for CHILLAX sofa
Its sofa adapted to the Japanese lifestyle by making the furniture minimally.
UNIQLO operations in Russia remain ‘suspended,’ Fast Retailing clarifies
This comes amidst reports that it will exit the market.
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.
Calbee’s expansion seeks to counter declining savory snack market in Japan: Analyst
Calbee plans to expand in China and North America.
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.
Suntory net profit grows 14.5% in first nine months
Its net profit amounted to JPY68b.
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.
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