Japan
Suntory Group posts nearly 20% profit growth in 2022
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.
Fast Retailing profit climbs 60% in 2022
Its net profit amounted to JPY273.3b ($1.855b).
Seven & i net income posts over 27% growth in H1
Its net income attributable to owners amounted to JPY136b ($934.8b).
Rakuten eyes carbon neutrality by 2023
It is amongst the companies that joined the RE100 initiative.
Isetan Mitsukoshi posts over 145% sales growth in Tokyo stores
It also saw a 133% increase in its domestic department stores.
E-commerce market in Japan to grow by nearly 7% in 2022
The market is expected to be valued at $194.3.
UNIQLO opens pop-up store in Poland
This is the first physical presence of the retailer in the country.
Lawson net income climbs to JPY624m in Q1
This is up from JPY 393m in the same quarter last year.
Suntory profit jumps 40% in H1
The beverage company reported a profit of JPY74b.
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Traceable, regenerative, profitable: The new rules of food retail in Asia