Prime Minister Abe Shinzo says the government will carry out economic and fiscal reforms as the coronavirus outbreak is expected to further strain state finances.
Abe made the pledge after the Cabinet Office presented its latest projections at a meeting of the Council on Economic and Fiscal Policy on Friday.
Restaurants in Japan are seeing their revenue tick up again, two months after the government lifted a declaration of emergency over the coronavirus. But one new survey has found that customer traffic is still only about half the level seen this time last year.
Tokyo-based IT firm Toreta compiled data from about 5,800 restaurants across Japan. The company makes systems for taking reservations and managing customer information.
Japan's top spokesperson has expressed hope to continue cooperating with the United States over the coronavirus and other global health issues. The remark follows Washington's official notification to the United Nations of its intent to withdraw from the World Health Organization.
Speaking to reporters on Wednesday, Chief Cabinet Secretary Suga Yoshihide said he is aware of the move. He also said he understands that the withdrawal will take place in one year.
As the top-of-the-lineup performance variant, the Civic Type R is already a rarified vehicle, and Honda added to the car's legendary mystique with a limited-edition model for 2021. The Canadian market was restricted to only 100 examples of the special edition, and all 100 recently sold out within four minutes of the order books opening. That's quicker than the 2017 Type R's Nürburgring lap record.
The 2021 Type R LE, which is offered exclusively in Phoenix Yellow, offers slight apperance tweaks, as well as a lighter overall package. It features 20-inch BBS lightweight forged aluminum wheels that reduce unsprung weight by 18 pounds total, and those wheels are wrapped in Michelin Pilot Sport Cup 2 rubber. Weight has further been cut by reducing the use of sound-deadening materials, though Honda does not get into details about where the materials were affected.
TOKYO — Mazda has sought loans totaling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.
The megabanks — Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group — along with the Development Bank of Japan, Sumitomo Mitsui Trust Holdings and others are set to agree, with some already having extended the loans, the person said, declining to be identified because the information is not public.