Singapore’s public transport operator for the rail system, may want to take a leaf out of Japan’s book on how to improve train arrival times. ‘Super Japan: On-time Metro’, gives an inside look on how trains are run in Tokyo. The video by Discovery Channel Asia is available on YouTube. At the start of the video, a driver is seen being timed while driving from one station to the next. The time taken to reach each station is calculated down to seconds.
Junichiro Asami gave up a stable job to join a group of Japanese entrepreneurs building businesses based on 3D printing, showing the sort of pioneering spirit Prime Minister Shinzo Abe hopes can revitalize a calcified economy. Whether these entrepreneurs can lay the foundations for a new era in Japanese products though may depend on whether Abe can tear down barriers in a wider business culture that shuns risk and supports the status quo.
Japanese core machinery orders have recovered their pre-financial crisis levels as companies prepare to invest more in their businesses, a trend that could lend support to a contentious plan to raise the nation’s sales tax. Core machinery orders, which exclude volatile orders from electric power companies and for ships, rose 6.8% in the April-June quarter, the government said Tuesday. The total value of the orders came to ¥2.3 trillion ($24 billion), the highest level since the July-September quarter of 2008.
A Japanese research team has become the first in the world to develop a functional liver from human induced pluripotent stem cells, according to an article the researchers published in the online version of British journal Nature. The team created liver buds and transplanted these into mice suffering from liver failure.
TWO years have passed since an earthquake and tsunami destroyed the huge Fukushima Dai-ichi nuclear plant owned by Tokyo Electric Power (TEPCO), on the Japanese north-east coast—and precipitated a phased shutdown of the country’s 54 nuclear plants for stress testing, maintenance and further seismic analysis.
With the last reactor turned off in May 2012, the past summer was when Japan started to live without nuclear power for the first time since 1970. Before the disaster struck, nuclear power accounted for 29% of the country’s electricity supply, with plans for boosting it to 50% by 2030. Such intentions are now out of the question. To compensate for the loss of such a large chunk of electrical capacity, households and businesses across Japan were threatened with black-outs and to make reductions of up to 15% in consumption or face stiff penalties. In the immediate aftermath of the disaster, the electricity was switched off in some parts of the country for up to four hours a day.
FOODeX JAPAN is the largest annual food and beverage trade show in Asia and has been a highly successful trade event since its debut in 1976 serving not only Japan’s $700 billion food market but many lucrative Asian markets. Over 75,000 professional visitors attend FOODEX 2013, including over 6,500 from Korea, Taiwan, China, Thailand, and Hong Kong. Location: Tokyo, Makuhari Messe Chiba Exhibit Profile: Food, beverage products Visitor Profile: Supermarkets, hypermarkets, wholesalers, grocery stores, food service hospitality, fast food chains, convenience stores, distributors, importers, agents and brokers No. of Exhibitors: 2,500 producers from 73 countries
top 3 retail groups Japan
Seven & i Holdings released a market report on 2012. It attests a decline in the number of retail stores in Japan. Japan's shoppers overall show less interest in large shopping sprees and more interest in convenience. The reason thereof partly lies in the ever aging population of Japan as well as the increasing number or working women who have less time to go shopping for the family or for their pleasure. The market position of Seven & i Holdings among retailers worlwide has dropped.
Two of Japan's biggest steelmakers will formally merge on Monday, creating the world's second largest firm in the sector as they look to outpace their Chinese and South Korean rivals. Nippon Steel, the nation's number one steel company and third-ranked rival Sumitomo Metal Industries will combine to form a giant second only to India's ArcelorMittal.
Rikuzentakata, like many towns on Japan’s rugged north-east Pacific coast, was in decline even before last year’s tsunami killed 1 700 of its 24 000 inhabitants and destroyed most of its downtown buildings. With two-thirds of the remaining residents homeless, mayor Futoshi Toba questioned whether the town could recover. Damage to infrastructure and the local economy, he said, would force people to move away to find jobs.
Japan is poised to overtake Germany and Italy to become the world’s second-biggest market for solar power as incentives starting July 1 drive sales for equipment makers from Yingli Green Energy Holdings Co. to Kyocera Corp. Industry Minister Yukio Edano set today a premium price for solar electricity that’s about triple what industrial users now pay for conventional power.