Seven & i Appoints Deykas as New President🫡
Seven & i Holdings Co., Ltd. announced on the 6th that President Ryuichi Isaka (67) will step down in May, and Steven Deykas (64), an outside director, will take over the position. The move aims to strengthen the company’s overseas convenience store business, a key area for growth. Amid a buyout proposal from a Canadian company, Seven & i also outlined measures to enhance its corporate value, including the listing of its U.S. subsidiary, in an effort to maintain independent management.🤌 🤌 🤌
This marks the first time that Seven & i will be led by a foreign president. Deykas has previously held positions at major retailers such as Fast Retailing, the operator of Uniqlo, and Walmart in the U.S. From 2011 to 2015, he served as the CEO of Seiyu.☝️ ☝️ ☝️
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Seven & i Holdings Co., Ltd. announced on the 6th that President Ryuichi Isaka (67) will step down in May, and Steven Deykas (64), an outside director, will take over the position. The move aims to strengthen the company’s overseas convenience store business, a key area for growth. Amid a buyout proposal from a Canadian company, Seven & i also outlined measures to enhance its corporate value, including the listing of its U.S. subsidiary, in an effort to maintain independent management.
This marks the first time that Seven & i will be led by a foreign president. Deykas has previously held positions at major retailers such as Fast Retailing, the operator of Uniqlo, and Walmart in the U.S. From 2011 to 2015, he served as the CEO of Seiyu.
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Heavy Snow Expected in Kanto-Koshin Region Through the 9th❄️
Due to cold air aloft and atmospheric pressure patterns, heavy snowfall is expected from the 8th to the 9th, mainly in the mountainous areas of the Kanto-Koshin region, including Tokyo. Snow accumulation is also possible in lowland areas. However, from the 10th onward, temperatures across the country are expected to be higher than average, bringing spring-like weather.😴 😴 😴
According to the Japan Meteorological Agency, cold air with temperatures below -3°C at an altitude of 1,500 meters will move into the Kanto-Koshin region, bringing snow and rain from the evening to night of the 8th. In Tokyo, heavy snowfall is expected mainly in the Tama area, while even the 23 wards may see snow accumulation. Precipitation is expected to stop by the morning of the 9th.🤒 🤒 🤒
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Due to cold air aloft and atmospheric pressure patterns, heavy snowfall is expected from the 8th to the 9th, mainly in the mountainous areas of the Kanto-Koshin region, including Tokyo. Snow accumulation is also possible in lowland areas. However, from the 10th onward, temperatures across the country are expected to be higher than average, bringing spring-like weather.
According to the Japan Meteorological Agency, cold air with temperatures below -3°C at an altitude of 1,500 meters will move into the Kanto-Koshin region, bringing snow and rain from the evening to night of the 8th. In Tokyo, heavy snowfall is expected mainly in the Tama area, while even the 23 wards may see snow accumulation. Precipitation is expected to stop by the morning of the 9th.
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Yen Hits Strongest Level in Five Months in NY on March 7📈
On March 7, the yen appreciated against the dollar in the New York foreign exchange market, temporarily reaching 146.94 yen per dollar, marking its strongest level since October last year, approximately five months ago.🕯 🕯 🕯
The U.S. employment report for February, released in the morning, showed that nonfarm payroll employment, a key indicator of economic trends, fell short of market expectations. This led to a decline in U.S. long-term interest rates, accelerating yen buying and dollar selling.💵 💵 💵
However, later in the session, Federal Reserve Chairman Jerome Powell expressed confidence in the strength of the U.S. economy, prompting a rebound in dollar buying.📌 📌 📌
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On March 7, the yen appreciated against the dollar in the New York foreign exchange market, temporarily reaching 146.94 yen per dollar, marking its strongest level since October last year, approximately five months ago.
The U.S. employment report for February, released in the morning, showed that nonfarm payroll employment, a key indicator of economic trends, fell short of market expectations. This led to a decline in U.S. long-term interest rates, accelerating yen buying and dollar selling.
However, later in the session, Federal Reserve Chairman Jerome Powell expressed confidence in the strength of the U.S. economy, prompting a rebound in dollar buying.
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Emergency Contraceptive Pills to Remain on “Trial Sale” in FY 2025💊
Japan’s Ministry of Health, Labour and Welfare has decided to continue the trial sale of emergency contraceptive pills (ECPs) at pharmacies under certain conditions in fiscal year 2025, as it determined that further discussions are needed to address unresolved issues.💊 💊 💊
The debate over making ECPs available over the counter has been prolonged, raising concerns that accessibility and convenience may be neglected.🫥 🫥 🫥
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Japan’s Ministry of Health, Labour and Welfare has decided to continue the trial sale of emergency contraceptive pills (ECPs) at pharmacies under certain conditions in fiscal year 2025, as it determined that further discussions are needed to address unresolved issues.
The debate over making ECPs available over the counter has been prolonged, raising concerns that accessibility and convenience may be neglected.
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The extension of the Hokkaido Shinkansen is set to open at the end of fiscal year 2038.🚄
The Japanese government is set to announce a new outlook indicating that the extension of the Hokkaido Shinkansen to Sapporo is likely to open at the end of fiscal year 2038. Final adjustments are being made within the government, and there are concerns that the opening may be further delayed depending on the progress of construction.🗿 🗿 🗿
The extension between Shin-Hakodate-Hokuto and Sapporo has faced significant difficulties, including encountering massive rock formations during tunnel excavation, which has hindered construction progress.☔️ ☔️ ☔️
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The Japanese government is set to announce a new outlook indicating that the extension of the Hokkaido Shinkansen to Sapporo is likely to open at the end of fiscal year 2038. Final adjustments are being made within the government, and there are concerns that the opening may be further delayed depending on the progress of construction.
The extension between Shin-Hakodate-Hokuto and Sapporo has faced significant difficulties, including encountering massive rock formations during tunnel excavation, which has hindered construction progress.
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UK Government Agrees to Begin Compensation Talks with Fujits👨💻
This case, known as the “largest miscarriage of justice in UK history,” arose from defects in the accounting system supplied by Fujitsu. The system’s flaws led to discrepancies between cash balances at post office counters and the system’s recorded figures, resulting in the prosecution of over 900 UK postmasters on charges such as embezzlement.🧐 🧐 🧐
On the 7th, the UK government announced that Business and Trade Minister Nigel Huddleston, who was visiting Japan, met with Fujitsu President Takahito Tokita in Tokyo and agreed to begin discussions on compensation for the victims.🫥 🫥 🫥
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This case, known as the “largest miscarriage of justice in UK history,” arose from defects in the accounting system supplied by Fujitsu. The system’s flaws led to discrepancies between cash balances at post office counters and the system’s recorded figures, resulting in the prosecution of over 900 UK postmasters on charges such as embezzlement.
On the 7th, the UK government announced that Business and Trade Minister Nigel Huddleston, who was visiting Japan, met with Fujitsu President Takahito Tokita in Tokyo and agreed to begin discussions on compensation for the victims.
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Takeda Rio Surges to the Top of the U.S. Tour Money Rankings with Victory in Her Fifth Event as a Full-Time Member🌟
Takeda Rio has swiftly risen to the top of the U.S. Women’s Tour money rankings. In her fifth event as a full-time LPGA Tour member, she secured her first victory on the tour while also claiming her second career win in the U.S. With this triumph, she earned a winner’s prize of $375,000, bringing her total earnings for the season to $469,372. This puts her ahead of Lydia Ko, who has 23 career wins on the U.S. Tour, by a margin of $18,248.✨ ✨ ✨
Last season, Takeda dominated the domestic Japanese women’s golf tour, winning eight titles and claiming her first-ever season championship. Her total earnings of ¥265,730,016 set a new all-time record.🏅 🏅 🏅
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Takeda Rio has swiftly risen to the top of the U.S. Women’s Tour money rankings. In her fifth event as a full-time LPGA Tour member, she secured her first victory on the tour while also claiming her second career win in the U.S. With this triumph, she earned a winner’s prize of $375,000, bringing her total earnings for the season to $469,372. This puts her ahead of Lydia Ko, who has 23 career wins on the U.S. Tour, by a margin of $18,248.
Last season, Takeda dominated the domestic Japanese women’s golf tour, winning eight titles and claiming her first-ever season championship. Her total earnings of ¥265,730,016 set a new all-time record.
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100 Traditional Performing Arts Children’s Cultural Festival👘
An event showcasing the achievements of children learning traditional Japanese culture in Nara Prefecture was held at Nara Centennial Hall.👍 👍 👍
This annual event, organized by Nara Centennial Hall and other institutions, aims to provide children studying traditional culture in the prefecture with an opportunity to present their progress and interact with others.👏 👏 👏
Today, nine groups affiliated with the Nara Children’s Traditional Culture Association, which is dedicated to preserving and promoting traditional culture, performed various arts such as koto (Japanese harp) and dance. In the Japanese dance segment, children dressed in kimono gracefully showcased their elegant performances.👑 👑 👑
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An event showcasing the achievements of children learning traditional Japanese culture in Nara Prefecture was held at Nara Centennial Hall.
This annual event, organized by Nara Centennial Hall and other institutions, aims to provide children studying traditional culture in the prefecture with an opportunity to present their progress and interact with others.
Today, nine groups affiliated with the Nara Children’s Traditional Culture Association, which is dedicated to preserving and promoting traditional culture, performed various arts such as koto (Japanese harp) and dance. In the Japanese dance segment, children dressed in kimono gracefully showcased their elegant performances.
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