After the creditor banks have rejected a restructuring plan for Japan Airlines, one should assume a quasi-governmental organization has a majority stake in JAL and restructure the debt-ridden airline. 30 percent of the investments are sold by JAL and 9000 jobs will be eliminated.Used by Transport Minister Seiji Maehara Task Force had, according to the Sankei Shimbun reported a debt of more than 250 billion yen.

South Korea and the European Union in Brussels this week signed a free trade agreement. Before the agreement enters into force, it must be ratified by the Korean Parliament and the European Parliament. Some European countries have announced opposition because they fear for their carmakers and increased competition from Korea.

The rapidly aging Japanese society, the funeral business is one of the few growth markets. 1.14 million people died last year in Japan, by 2040 there will be 1.6 million. Because saving is due to the crisis in the last trip, great undertakers are increasingly replacing the traditional family farms.

The Association of Department Stores are also well known for the month of August a considerable drop in income compared to last year. Virtually every major department store group sales fell by an average of 12 percent have been manageable. Revenues and operating profits have shrunk massively. Especially enjoy the goods with a high return such as clothes and jewelry currently a major slump.

Cheap local wines rise in the popularity of Japanese consumers. The reason is that the crisis-ridden consumers prefer to drink a glass of cheap home rather than go out.Are particularly popular wines with screw caps instead of corks, which are available in supermarkets and mini markets. An employee of a Tokyo supermarket, told the Japan Times, a majority of customers who buy the cheap wine, were between 30 and 50 years old.

The Japanese antitrust authority has a total of five subsidiaries of Japanese Panasonic and Samsung and LG of South Korea imposed a fine of 3.32 billion yen, because they have violated the antitrust laws. 11 manufacturers of cathode ray tubes from Japan, South Korea, Taiwan and Thailand had met from 2003 to 2007 every 2 months to fix the minimum prices for cathode ray displays.

In Japan, because landlords Receive a loophole in the VAT Act every year an estimated 9 billion yen in value-added tax refund. By establishing a single vending machine, the landlord can claim back the VAT that is for the construction of dwellings, the Yomiuri Shimbun wrote.Rents are tax freeRental income are the main source of income for landlords.

The first on Entered into force in September put free trade agreement between Switzerland and Japan is for Japanese exports and investment, a door opener to the European market, Federal Councillor Doris Leuthard said during her visit to Tokyo. The talks on a free trade agreement between Japan and the EU are still in early stages.

British fashion chain French Connection withdraws from Japan. So their business model, the East Asian market with its own stores is to conquer failed for now. In the next 6 to 9 months, all 21 branches in Japan are closed.The Executive Committee felt compelled to take this step, after you'd expect for this financial year, a loss of approximately 2.

Sony's Howard Stringer President wants to become the No. 1 among the Walkman portable music players, at least in Japan, “has to win the Japanese market for itself, everywhere in the world of success,” During the presentation he gave himself two new Walkman models in mid-September conviction. Prior to his nose is Apple's iPod, which for over six years, even in the Sony-land Japan occupies a market share exceeding 50 percent.