Tokyo Dispatch
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Business

AGC's Hirai to step down as president; Murano takes over in January

Tadayuki Murano, a managing executive officer who has run the life sciences business since 2024, will become president and CEO on Jan. 1, as AGC cuts its full-year profit forecast.

Toyota lifts full-year profit forecast as first-half operating profit rises 9.2%

The carmaker now expects ¥3.9 trillion in operating profit for the year to March 2027, up from ¥3.4 trillion, after a weaker yen offset higher material costs and a tough China market.

Hokkaido labour commission orders Sapporo hospital to negotiate with union over unpaid changing time

The Mitsushigaoka Hospital operator refused more than 10 requests for collective bargaining after walking out of a 2023 session, the commission found, and its refusal also interfered with the union's operations.

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A Fukuoka wholesaler bets on plasma and AI to loosen Japan's grip on imported fertiliser

Sumitomo Mitsui bets ¥100bn on AI without knowing what will work

Real wages rise 2.2% in September, ninth straight monthly gain

Audit finds ¥91.8bn of pandemic loans to care and medical providers unrecoverable

Prudential Life fraud report gets low marks from review grading panel

Nikkei plunges below 60,000 for first time in six months as AI rally unwinds

Nikkei falls below 60,000 as AI worries and US midterm shock hit Tokyo

Taiwan stocks plunge 9% in record intraday fall as TSMC hits limit down

Japan's reserve rice took up to 310 days to reach retailers under no-bid deals

Japan's industry ministry orders Chubu Electric to overhaul operations over Hamaoka data fraud

Nogami, the bakery that started Japan's luxury shokupan boom, weighed bankruptcy proceedings this summer

Tokyo new-build condo prices fall about 40% in two months

Tokyo Gas pulls out of Kashima Port offshore wind project

Sanrio Cancels VIVANT Tie-Up in China as Nationalist Backlash Hits Its Growth Story

Financial Services Agency inspects Sony Financial Group over ¥180 million taken from life insurance customers

Aichi JA warehouse fills with rice as new-crop collection hits record share

Nikkei swings on US midterms as AI-regulation fears hit chip stocks