Mitsukoshi takes stake in Shochiku

January 1, 2006

Department store chain Mitsukoshi Ltd has begun taking a stake in movie company Shochiku Co to reinforce relations over some of Shochiku's strong points — kabuki and other traditional Japanese entertainment, Mitsukoshi officials said Sunday. ...

Daiei's December sales up 5%

January 1, 2006

Daiei Inc said Sunday its same-store sales rose 5% in December from a year earlier, posting a second straight month of sales increases from year-before levels for the first time in 25 months. The supermarket chain operator, currently restructuring...

Business leaders optimistic for 2006

January 1, 2006

Business leaders vowed Sunday to create a vigorous Japan in 2006 by further promoting structural economic reforms. "We want to accelerate reforms and make 2006 a year for a new leap," Okuda Hiroshi, chairman of the Japan Business Federation, known in...