A Japanese seafood company, whose supply chain stretches across the Pacific Ocean and runs through Asia, has decided to bring home a big part of its production.
Yamaya Communications is planning to have all the products it sells in Japan to be made in the country.
NHK has learned that costs of anti-coronavirus measures for the Tokyo Olympics and Paralympics are likely to be almost equally shared by the Japanese government and the Tokyo Metropolitan government.
The anti-infection measures for the Games are expected to be about 100 billion yen, or around 960 million dollars.
NHK has learned that the Tokyo Metropolitan Government is expected to pay the largest portion of additional costs for next year's Olympics and Paralympics.
The extra spending is due to be shared by the metropolitan government, the central government, and the Games' organizing committee.
Sources say the organizing committee of the Tokyo Olympics and Paralympics now estimates that the extra costs related to the Games' postponement will come to about 200 billion yen, or 1.9 billion dollars.
The original cost estimate for the Games was about 13 billion dollars, excluding a reserve fund.
NHK has learned from multiple sources that receipts from two hotels in Tokyo where former prime minister Abe Shinzo's support group held annual parties show that his office shouldered part of the costs.
The group held the parties from 2013 to 2019 on the nights before Abe's annual cherry blossom viewing events. Supporters each paid about 48 dollars to attend.
Presented in its current form just last year, the new generation Nissan Sentra has been updated for 2021 with new features and is already on sale at dealers across the nation.
Japanese officials say more than 60,000 people have lost or are about to lose their jobs - as COVID-19 takes a wrecking ball to a number of industries.
The labor ministry says this number only reflects people who have reported unemployment to regional offices. So the full picture could be even worse.
TOKYO — Nissan outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.
Under a new four-year plan, the Japanese manufacturer will slash its production capacity and model range by about a fifth to help cut 300 billion yen from fixed costs. It will shut plants in Spain and Indonesia, leave the South Korean market and pull its Datsun brand from Russia as part of a strategy unveiled on Wednesday to share production globally with its partners Renault and Mitsubishi.
The International Olympic Committee has hinted that it will ask Japan to bear most of the additional costs related to the postponement of the Tokyo Olympics.
Due to the coronavirus pandemic, the Games have been rescheduled to begin on July 23 next year. They were originally scheduled for this summer. The postponement is thought likely to add several billion dollars to the final bill for hosting the Olympics.
The organizers of the Tokyo Olympics and Paralympics and the International Olympic Committee have decided to work together to cut costs further for the postponed Games.
The 2020 summer Games have been postponed until the summer of 2021 due to the coronavirus pandemic.
Nissan is looking to cut its workforce in the U.S. and slash expenses following a drastic tumble in local sales.