Japanese Business News Brief for Friday, July 3, 2020

Japanese Business News Brief for Friday, July 3, 2020

日本ビジネスニュース速報 2020年07月03日（金）

Layout of the Fusue public housing project in Takatsuki, Osaka, which is scheduled to be redeveloped

(Source: 別紙1　富寿栄住宅現況配置図)

Major business headlines

The board of directors of Pepper Food Service voted to sell the company’s domestic and international restaurant business to Japanese investment fund J-STAR for approx. ¥8.0 billion ($74 million), and also voted to close down 114 of the company’s steak restaurants around the company. On the same day, the company’s US subsidiary, which closed its last 4 restaurants in March as a result of COVID-9, filed for bankruptcy under Chapter 7 of the Bankruptcy Code.

Toyonaka Bussan (豊中物産), located in Kanazawa, Ishikawa Prefecture, is seeking approx. ¥8.6 million in damages from Tokyo importer Toyo Sangyo (東洋産業) for approx. 300,000 masks, imported from China, that Toyonaka was unable to sell due to contamination and other defects.

Among 140 coal-fired power plants currently operating in Japan, the government (METI) is looking into requiring approximately the dirtiest 100 to shut down by FY2030 in order to reduce CO₂ emissions.

With Shizuoka Prefecture having blocked JR Tokai’s maglev train project in Shizuoka due to environmental concerns, the prefectural assembly of Yamanashi Prefecture passed a resolution calling on the national government to step in to resolve the issues with Shizuoka Prefecture and see to it that the ultra-high-speed rail line from Tokyo to Nagoya can be completed by 2027 as scheduled.

The Tokyo Metropolitan Government announced that for the first time, a wild boar infected with classical swine fever (CSF) had been discovered within the territory of the Metropolis (in Ome City, in the western suburbs).

⇐ Предыдущая 1 2 345 Следующая ⇒