Japan's government and major US pharmaceutical company Pfizer have reached an agreement over the supply of a coronavirus vaccine.
Japanese health minister Kato Katsunobu told reporters on Friday that under the deal, if Pfizer succeeds in developing the vaccine, it will supply Japan with 120 million doses for 60 million people by the end of June, 2021. A person needs to be vaccinated twice.
The latest earnings forecast from Nissan Motor suggests the coronavirus is making life even harder for the struggling automaker. The firm is projecting a net loss of more than $6 billion in the current fiscal year.
Company executives say the loss for the April to June quarter reached 285.5 billion yen, or 2.7 billion dollars. They say the full-year net loss is likely to be 670 billion yen, or about 6.4 billion dollars. That's about the same as the previous year.
Tokyo Governor Koike Yuriko has called on people to refrain from going out over the four consecutive holiday weekend from Thursday amid a surge in coronavirus infections in the capital.
Koike said at an extraordinary news conference on Wednesday that infections are spreading in wider areas and across generations.
Sources close to the Tokyo Metropolitan Government say experts recommend that the capital remain on the highest level of alert for the new coronavirus on the four-tier scale.
Experts on infectious diseases reportedly concluded on Tuesday that "infections appear to be spreading in Tokyo." The view was based on an analysis of the extent of the outbreak in the week leading up to Monday.
More than 660 new cases of coronavirus infection have been confirmed in Japan. It's the highest number of daily infections since the state of emergency was lifted on May 25.
Tokyo reported 290 new infections on Saturday. It's the third consecutive day for the capital to confirm over 200 new cases. On Friday, the metropolis reported 293 infections ... a record high.