Consumers

Tourists shop in Tokyo's Akihabara district during New Year holidays.

Japan retail

Chinese New Year goes off without a bang

TOKYO -- As the sound of fireworks rang out for the beginning of the Chinese New Year holidays on Monday, many retailers in Japan were rubbing their hands together in the hope of hearing ringing of a different kind: that of cash registers. Thousa...

  • Japan theme parks

    Confident Tokyo Disneyland hiking prices again

    TOKYO -- The operator of Tokyo Disneyland and Tokyo DisneySea will raise ticket prices for the third consecutive year to secure money for investing in the parks, based on projections that the solid stream of visitors will continue. Oriental Land ...

  • Indonesia's food industry

    Japanese companies cater to beef-hungry consumers

    TOKYO/SYDNEY/JAKARTA -- As incomes rise in Indonesia, the heavily Muslim population's growing taste for beef has gotten Japanese businesses like restaurant operators and meat processors salivating.

  • Chinese New Year

    Travel spending will likely cool amid economic slowdown

    GUANGZHOU, China -- The Chinese New Year is traditionally one of the country's biggest holidays for travel and spending, but a cloudy economic outlook could tighten purse strings this year. Some 2.9 billion people will travel over the month aroun...

  • Japan tourism

    Local shops banding together to open one-stop tax-free counters

    TOKYO -- With Japan receiving record numbers of foreign tourists, shops and malls are introducing simpler tax refund procedures to attract more customers. Aiming to encourage still more overseas visitors, the government last April eased regulatio...

  • Tata Motors

    Zica unveiled, but new name promised amid virus confusion

    GREATER NOIDA, India -- Tata Motors, India's largest automaker, on Wednesday showcased its new compact hatchback, the Zica, at a sprawling auto expo here. But the company said the car will be renamed "after a few weeks" amid growing international...

  • Shanghai Disney Resort

    Peak admission fees set higher than in Tokyo, Hong Kong

    SHANGHAI -- Adult tickets to the new Shanghai Disney Resort will be priced at 499 yuan ($75.90) during peak periods and 370 yuan off-peak, Walt Disney and Shanghai Shendi (Group) said Wednesday. By comparison, one-day passes cost 6,900 yen ($57.8...

  • Duty-free shops

    Lotte to open airport-style store in Osaka in 2017

    TOKYO -- South Korea's Lotte Group will open an airport-style duty-free shop inside Bic Camera's Namba store in Osaka as early as the beginning of 2017. The shop, which will sell liquor, luxury-brand products, cosmetics and other merchandise, wil...

  • Shanghai Disney Resort

    Launch of huge Disney theme park in China lifts related stocks

    HONG KONG -- The launch this coming June of Shanghai Disney Resort, which will be one of the largest theme parks in mainland China, is the first upbeat topic in a long time for the country which has been swayed by economic slowdown and the stock mark...

  • Chinese tourism in Japan

    Takashimaya to give discounts to Ctrip customers

    TOKYO -- Takashimaya will team with travel-booking website Ctrip to draw more Chinese tourists to its department stores. Ctrip, which boasts 250 million members and a little more than 30% of China's online booking market, will post promotions fro...

  • Japan tourism

    New service will let towns grasp visitor spending

    TOKYO -- Japan's travel agency JTB and credit card issuer JCB will track the shopping activities of foreign visitors and analyze the results to help local municipalities come up with ideas to attract tourists. The service will launch on a trial b...

  • Japanese retail

    Airport-style duty-free shop sets sights on foreign tourists

    TOKYO -- A consortium including Isetan Mitsukoshi Holdings and Japan Airport Terminal opened a duty-free shop here on Wednesday in the latest move to attract spending by the flood of tourists coming to Japan. Unlike the more common tax-free store...

  • Tokyo public transport

    Transit companies to share info for smartphone apps

    TOKYO -- Understanding the Tokyo area's complicated transit systems may soon become easier for foreigners with smartphone apps that provide real-time service updates and other information, backed by a cross-industry initiative. The Association fo...

  • Consumer products

    Counterfeit products driving Chinese shoppers overseas

    TOKYO -- Two weeks before the Chinese New Year, Japan's tourism and retail industries are excited about another round of bakugai (explosive buying) by Chinese visitors. But for policymakers in Beijing, Chinese consumers' insatiable appetite for o...

  • Big data

    NTT to expand app-based tourism promotion in Japan

    TOKYO -- The Nippon Telegraph and Telephone group will go nationwide with a project that aims to lift tourism and other industries by tracking users of its smartphone app and free public Wi-Fi networks. The Japanese telecommunications giant offer...

  • Japanese convenience stores

    FamilyMart to accept more foreign credit cards

    TOKYO -- FamilyMart will broaden the types of foreign credit cards that can be used to pay for purchases at its stores in Japan starting next month, adding popular issuers in China and South Korea. The convenience store chain will begin accepting...

  • Tobacco industry

    JT seeks price hikes, emboldened by inflation drive

    TOKYO -- Japan Tobacco plans to raise prices on its core cigarette lineup to pass rising costs on to customers amid calls from the government to support inflation. The company on Friday said it has applied for permission to price its Mevius produ...

  • Japanese cuisine

    Filipinos take to cook-'em-yourself savory pancakes

    MANILA -- First came the ramen noodles. A tonkatsu pork cutlet craze followed. Now, Filipinos are discovering another flavorful Japanese dish: okonomiyaki. As the Philippine middle class expands, foreign consumer businesses are moving in. One of ...

  • Precision industry

    Japan's Nidec eyes new plant for key robot part

    OSAKA -- Nidec is considering setting up a plant around fiscal 2017 to manufacture a core component of industrial robots, President Shigenobu Nagamori told The Nikkei. Nagamori revealed the plan Thursday as part of a broader business strategy tar...

  • Machine tool makers

    Makino Milling targets 10% margin, chief says

    TOKYO -- Makino Milling Machine aims for an operating profit margin of at least 10% by focusing on the automotive industry, the company's president told The Nikkei. "We hope to achieve 10% or higher soon" by raising efficiency, President Jiro Mak...