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Tag: Japan

  • GreyOrange Butler robots selected for japan’s largest home furnishing chain

    GreyOrange Butler robots selected for japan’s largest home furnishing chain

    GreyOrange and GROUND have been awarded the contract to supply robotics solutions to the Nitori Holdings Group, Japan’s largest furniture and home furnishing chain with over 400 stores. The robotics system will be deployed at Home Logistics which is a logistics subsidiary of Nitori Holdings, operating 34 distribution bases and an efficient logistics network for product delivery to stores and e-commerce customers across the country.

    GreyOrange is a multinational technology company that designs, manufactures and deploys advanced robotics systems for automation at warehouses, distribution and fulfilment centres. GreyOrange, headquartered in Singapore, specialises in the design, manufacture and deployment of advanced robotic systems for distribution and fulfilment centres.

    Manabu Matsuura , corporate officer of Nitori Holdings and CEO of Home Logistics said, “We were impressed to find that the GreyOrange Butler is an entirely new robotics concept for warehouse automation unlike automated storage and retrieval systems. Also, Butler satisfies our corporate philosophy that we always pursue ideal workplaces for everyone. For example, we have been an early adopter of technology solutions and were the first user in Japan to leverage robotic storage systems in our warehouses last year.”

    Hiratomo Miyata, CEO of GROUND, the exclusive provider of GreyOrange Butler in Japan said, “We are really happy to announce that Home Logistics has become the first user of the Butler in Japan . They have evaluated several options and are glad to use the Butler as they believe the Butler goods-to-person technology will be a driving force in their strategy to increase productivity in their warehouse operations through robotics.”

    The GreyOrange Butler system will be installed at the Home Logistics Osaka distribution centre, to handle automated inventory storage (putaway) and picking. The Butler software adapts in real-time to changing inventory profiles and order fulfilment patterns, resulting in high productivity and accuracy. This system will be capable of delivering a far higher throughput.

    Nalin Advani, CEO – APAC, GreyOrange said, ” Japan has one of the world’s most mature distribution infrastructure and it is the fourth largest e-commerce market. Over 75 percent of consumers regularly shop online and e-commerce is forecasted to grow to US$200 billion by 2020. We are honoured to work with Nitori Group , including Home Logistics, to deploy our Butlers. The Nitori Group is far-sighted in anticipating the challenges of warehouse operations and addressing it with robotics. We are also excited to be selected for the Japan market where specifications for technology are among the most demanding in the world.”

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  • Japanese, Vietnamese cooperation in finance, banking a successful marriage

    Japanese, Vietnamese cooperation in finance, banking a successful marriage

    Japanese enterprises in banking and finance are now the biggest foreign shareholders in Vietnamese banks, financial and financial leasing companies, and their Vietnamese partners highly regard their expertise and support.

    Recently, Sumitomo Mitsui Trust Bank (SMTB)—the largest trust bank in Japan with total assets of $585.4 billion—has bought 49 per cent of BIDV Financial Leasing Company and renamed it BIDV-SuMi TRUST Leasing Limited Company. The joint venture took place as an expansion of their strategic cooperation since 2013.

    According to a VIR source, another investor from Japan is negotiating to buy 49 per cent of VPBank Finance Company Limited (FE Credit). These two examples evidence Japanese investors’ attention on the Vietnamese financial market and Vietnamese banks’ interest in cooperating with them.

    Previously, Military Bank (MB) transferred 49 per cent of Mcredit Consumer Finance Company’s shares to Shinsei Bank and HDBank transferred 49 per cent of HDFinance’s shares to Credit Saison Co., Ltd. Le Huu Duc, chairman of MB’s board of directors, said the reason for the cooperation was that Japanese investors “have the advantage of modern technology and experience in consumer finance.”

    Because of the interest from Japanese investors and their strong finances, there are more cooperation deals in the making.

    Currently, numerous banks and financial companies in Vietnam, including giants like BIDV and soon maybe Agribank, are calling for investment from strategic foreign investors.

    Increasing cooperation with Japanese investors

    Besides transferring shares, a range of big Vietnamese banks also cooperate with Japanese banks to look for business opportunities as Japanese FDI is increasing.

    At the end of February 2017, BIDV signed a memorandum of understanding (MoU) on serving Japanese customers in Vietnam with Fukuoka Bank, the 16th biggest bank in Japan.

    Similarly, VietinBank and Vietcombank also signed dozens of MoUs with Japanese partners. In particular, Vietcombank signed with approximately 60 Japanese banks.

    Following the trend, other commercial banks also seek Japanese partners and have even established a new service called Japan Desk to support clients form Japan.

    Besides VietinBank, Vietcombank, and BIDV, Sacombank, HDBank, TPBank, and others offer this service.

    “There are more and more Japanese firms entering the Vietnamese market. The two countries have similar cultures and retail banking strategies, so the cooperation can promote both parties’ strengths and often results in high efficiency,” said a leader of Sacombank.

    Japanese clients require perfect and diversified services, while capital and the range of services in Vietnam is limited.

    One can expect an increasing trend of teaming up among Japanese and Vietnamese banks in the coming time. This will be beneficial for all parties.

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  • Skin Laundry to launch in Japan, Korea this year

    Skin Laundry to launch in Japan, Korea this year

    Laser clinic and skincare product retailer Skin Laundry plans to expand into Japan and Korea this year from its Hong Kong base.

    Skin Laundry has just opened its fourth outlet in Hong Kong – at Causeway Bay. And founder Yen Reis said that at least two more will open in the city by the year’s end.

    Now four years old, Skin Laundry has 16 locations – 11 in the US, one in London’s iconic Liberty department store and now four in Hong Kong. The first two Hong Kong stores opened in Repulse Bay and Central in late 2015. A small concession with treatment room has opened in Lane Crawford at IFC Mall since. More concessions may open in other Lane Crawford stores soon.

    “We are expanding quite rapidly this year and next year. We are also looking at Japan and Korea in the third and fourth quarters of this year,” Reis said.

    Macau may follow, but it is not a focus right now given the opportunities in Hong Kong, Japan and Korea, she said.

    The smallest location is the Lane Crawford concession taking up about 215 sqft. But full size stores are typically 500 to 700 sqft with the largest around 1500 sqft.

    Reis said Skin Laundry is the first beauty brand in the world to make mild laser facials accessible and affordable to the mass market.

    “We’ve taken something usually very expensive and available only at a dermatologist’s or a laser clinic and made it available to everyone.”

    To many people, the mere mention of laser and clinic brings to mind tattoo or hair removal – services not on Skin Laundry’s menu. Its treatments are much milder.

    “Basically the idea of Skin Laundry is a beauty service. We’ve had to educate the market of the benefits of laser. Now we are hitting our four year anniversary we are starting to see traction.”

    In Asia, the whole concept is relatively new. “The idea of doing mild laser is new to the market. We believe using mild laser frequently is much better than doing something stronger once or twice a year. If you cut your hair on a regular basis, your hair looks healthier. It’s the same with mild lasers.”

    Skin Laundry Causeway Bay 1

    Skin Laundry charges US$60 on average for a treatment, substantially cheaper than traditional laser clinics or surgeries which charge up to $500.

    The brand has also developed a growing range of skincare products it retails through its stores and now through LVMH-owned Sephora online and in its US stores – products like cleansers for home use. At the moment, these products account for just 20 per cent of the turnover but with growing brand awareness, the stocking by Sephora and more stores opening, Reis believes they will account for about 40 per cent in the medium term.

    Inspired by LA’s healthy living lifestyle, Skin Laundry opened its flagship location in Santa Monica in 2013. Its clinics-come-retail-stores are designed like a California beach house, providing a contemporary and casual atmosphere for members and guests.

  • Starbucks Coffee Japan aims to blend in

    Starbucks Coffee Japan aims to blend in

    Starbucks Coffee Japan is aiming to blend in with its first cafe in Uji, Kyoto, giving it a local tea culture theme.

    The branch of the US coffee chain will be opened by the front gate of Byodoin temple, a UNESCO World Heritage site, on March 31.

    It will occupy a space along the front approach to the temple, offering customers a view of the Ujigawa promenade. The 142 sqm outlet will have 41 seats inside and 19 outside.

    Starbucks Japan

    A gable roof will match local custom, and decor features will be related to Uji tea culture.
    Another cafe and a parking lot stood on the site until last year.

    Ten years ago, Starbucks had a 19 sqm outlet in the 587-year-old Forbidden City in Beijing, but protests led to the Seattle-based company closing it.

  • Japanese convenience store sales grow

    Japanese convenience store sales grow

    Sales at Japanese convenience stores rose 0.1 per cent in January from a year earlier, up for the fourth consecutive month.

    Industry data shows there were brisk sales of hot food and side dishes.

    Same-store sales for eight major chains totalled ¥753.16 billion (US$6.7 billion), the Japan Franchise Association says.

    While the number of customers dropped 1.1 per cent to about 1.2 billion – declining for the 11th straight month – spending per customer rose 1.2 per cent to ¥620, up for the 22nd consecutive month, according to the association.

    The number of convenience stores increased 2.5 per cent from a year earlier to 54,496.

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  • Ikea Japan launching online store

    Ikea Japan launching online store

    Ikea Japan will make a full-fledged entry into internet sales, offering nearly all store items through a dedicated website to launch in late April.

    Plans call for selling 9000-odd products, excluding food and plants. They will initially be shipped from the nation’s nine Ikea stores. When coverage expands there will be direct shipping from warehouses.

    While customers in certain regions have been able to order items via e-mail, the company has not had an official online store.

    The local unit of the Swedish furniture retailer has tested the online service in southwestern Japan’s Kyushu and Yamaguchi prefectures since January, charging a minimum of ￥3990 (US$35.40) for shipping and handling. This may be reduced, depending on the delivery destination and items bought.

    Ikea Japan has a logistics centre in Yatomi, Aichi prefecture. Spanning 54,000 sqm, it opened in 2008. A 31,000 sqm section dedicated to online shopping will be added and launch next year.

    Ikea Japan aims to have online sales account for half of its revenue in 10 years. Its sales shrank 2 per cent to ￥76.7 billion for the year ended August. The company will add the online push to an ongoing initiative of increasing smaller stores to gain momentum toward a sales target of ￥140 billion in 2020.

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  • Lotteria Burger Laboratory concept to open Korea-wide

    Lotteria Burger Laboratory concept to open Korea-wide

    London-based consultancy JHP Design has created a fast-dining experience for Asian fast-food restaurant group Lotteria.

    The new concept, called the Lotteria Burger Laboratory, features an open kitchen combined with a made-to-order system, so customers can watch the “burgerista” preparing every stage of their meal.

    Customers can place orders via an app before arriving, or in store through bespoke tablets as well as at the counter.

    Lotteria Burger Laboratory Korea 6

    A science and experimental theme in the restaurant is reflected in every aspect of the customer experience. A red industrial ceiling-mounted pipe snakes from the front of the “laboratory” to the back, guiding the customer journey. The ceiling also features an illuminated digital clock indicating how long customers need to wait for their order to be ready.

    Lotteria Burger Laboratory Korea 5

    Science icons

    The walls are decorated with periodic tables, food-assembly diagrams and science-based icons. The chairs have chemical-resistant wire frames and the tables offer power plugs for charging mobile devices.

    The seating area offers individual code-writing tables, laboratory benches and breakout booths as found in high-tech start-ups.

    Lotteria Burger Laboratory Korea 4

    A stainless-steel drinks machine enables customers to mix and refill their own beakers.
    With “radioactive” yellow and black doors and frames, the restrooms have acid-resistant white glazed tiles.

    Lotteria Burger Laboratory Korea 3

    All materials used have low environmental impact. Recycled strawboard, reclaimed porcelain and salvaged waste pipes have all been combined in an environment lit entirely with low-energy LED bulbs, and the kitchen uses hyper-efficient induction cooking equipment. All packaging is recycled and biodegradable.

    Lotteria Burger Laboratory Korea 2

    The first Burger Lab opened in Seoul last November, built in just four weeks at a total cost of US$480,000. The concept is now being rolled out across the company’s 3000 outlets throughout Asia.

    Lotteria Burger Laboratory Korea 1

    The Lotteria Burger Laboratory sources its ingredients solely from Lotteria’s own vertically integrated sustainable farms. As well as beef, chicken and shrimp burgers and fries, the new outlet offers local specialties and vegetarian options.

    Lotteria is owned by Lotte, a conglomerate established in 1948 with headquarters in Japan and South Korea.

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  • Japanese cosmetics brand Do-Best eyes Asian expansion

    Japanese cosmetics brand Do-Best eyes Asian expansion

    Japanese cosmetics brand Do-Best is looking at opportunities in the Philippines and broader Southeast Asian markets, including Indonesia.

    Do-Best CEO Daitaro Sugawara was in the Philippines for a group networking session organised by Security Bank and Japan’s Mitsubishi UFJ Financial Group. He was matched with executives from local retailers including Metro Retail and National Bookstore.

    Do-Best was founded 45 years ago to produce “high-quality, low-priced products” and is already exporting to Singapore, Hong Kong, Thailand and Taiwan.

    Sugawara says the company wants to tap into the fast-growing Asian markets with young consumers seeking low-cost cosmetics and beauty lines. Its products are already popular in Japan’s proliferation of 100 Yen shops and similar stores.

    “That’s why I was interested to have a meeting in the Philippines. My product is like my family, so I want Philippine distributors or retail stores to take care of our products.

    “I want to keep the original price as in Japan,” Sugawara said.

    Tadahiro Miyamoto, GM of BTMU’s Manila branch, says a lot of Japanese companies are now looking at the Philippine domestic market. “You should look at the shopping areas, you see a lot of Japanese products.”

    A large number of participants in the recent business-matching event were from the retail sector, agriculture and real estate.

  • Japanese firm unveils fingerprint payments in Indonesia

    Japanese firm unveils fingerprint payments in Indonesia

    Japanese tech company Liquid has launched a biometric payments service in Indonesia that operates at the point of sale.

    Currently the project is being tested at an enterprise level, with the service offered to the Salim group’s workforce of around 500,000.

    “We are looking forward to developing the next generation payment and business platform in Indonesia, which will contribute to changing people’s lifestyle and have a big business impact in Indonesia,” said Yasuhiro Kuda, CEO of Tokyo-based Liquid.

    Users of the service need to register their fingerprints and deposit money in advance. They can complete payments within three seconds with the system’s fingerprint readers, which have an error rate of one in a trillion, according to Liquid.

    The company will start registering users’ fingerprints this month and start installing fingerprint readers later this year at stores run by Salim, whose businesses range from food and car sales to convenience store operations.

    Liquid is currently providing such fingerprint payment services to tens of thousands users in some cities in Japan.

    The company is aiming to expand the business in Indonesia, counting on the economic growth of the most populous country in Southeast Asia.

  • Infinera to interconnect Yahoo Japan’s Osaka DCs

    Infinera to interconnect Yahoo Japan’s Osaka DCs

    Yahoo Japan has selected Infinera Cloud Xpress to interconnect its data centers in Osaka. The Cloud Xpress enables Yahoo Japan to interconnect data centers with hyper-scale density, operational simplicity and low power consumption.

    Working closely with Infinera partner Itochu Techno-Solutions, Yahoo Japan deployed the Infinera Cloud Xpress to address the need for more capacity. Itochu Techno-Solutions provides Yahoo Japan with IT and data center maintenance services. Yahoo Japan has now deployed the Cloud Xpress and Infinera XTM Series in its metro networks.

    With the Cloud Xpress, Yahoo Japan benefits from Infinera’s photonic integrated circuit technology which delivers a 500 Gbps super-channel over 150 kilometers without additional multiplexers and amplifiers.

    The Cloud Xpress incorporates Infinera’s Instant Bandwidth technology to allow customers to software-activate line-side bandwidth in 100 Gbps increments as and when needed.

    In addition, the Cloud Xpress is designed for plug-and-play installation with simplified provisioning and support for data center automation using open SDN APIs.

    “The compact design, ease of use and scalability of Cloud Xpress and the XTM Series stand out in metro data center interconnect applications where data center operators need to grow capacity rapidly while minimizing the cost of space and power,” Infinera VP of regional sales for APAC Andrew Bond-Webster said.

    The Infinera Cloud Xpress Family is designed to deliver cloud-optimized wavelength division multiplexing solutions to cloud service providers, internet content providers, Internet Exchange service providers, enterprises and other large-scale data center operators.

    The Cloud Xpress Family offers customers the choice of 10 GbE, 40 GbE and 100 GbE client interfaces to meet their specific requirements. Infinera recently introduced the Cloud Xpress 2 based on the Infinite Capacity Engine, scheduled to be available in the first quarter of 2017.

  • Ginza Six mall on track for April launch

    Ginza Six mall on track for April launch

    Tokyo’s Ginza district is gearing up for the opening of its biggest shopping centre, Ginza Six mall.

    It occupies the site of the former Matsuzakaya Ginza department store, which closed in June 2013.

    Ginza Six mall has a total floor area of about 150,000 sqm over 19 floors. Its commercial offering takes up the second of six basement levels through to the sixth level above ground, as well as part of the 13th floor.

    Six high-end fashion brands, including Christian Dior, will fill units facing the main road, while the sixth floor will house Tsutaya Books and a food court.

    Aiming to attract the growing number of tourists visiting Japan, the mall plans to offer a tourist information centre on the ground floor containing an outlet of convenience store Lawson, which will sell souvenirs. There will also be a tourist bus terminal outside.

    From the seventh floor upward will be office space, with about 6000 sqm on each level, the largest floor area of its kind in Tokyo. Already 60 per cent of the office spaces are reserved, and up to 3000 people are expected to work in the offices.

    Ginza Six’s exterior design is inspired by “hisashi” canopies and “noren” store curtains, and the complex is scheduled to open on April 20.

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  • Suicoke takes first step into Canada

    Suicoke takes first step into Canada

    Cult Japanese performance sandal brand Suicoke has entered the Canadian market.

    Its styles are being made available through its first-ever eCommerce website, Suicoke.ca, as well as in luxury Canadian retailers including Gravity Pope, Haven Shop, Holt Renfrew, Ssense and TNT. The brand is being distributed by wholesale multi-brand sales and distribution agency, Slavin Raphael.

    Canadian shoppers can now buy Suicoke’s latest collection, characterised by the brand’s signature details such as neoprene panels, adjustable nylon straps and Vibram Morflex soles.

    “Suicoke provides a fresh and innovative take on the sandal,” says Slavin Raphael partner Avi Raphael.

    Suicoke was established in 2006.

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  • Ajinomoto becomes SEA Games sponsor as healthy eating promoter

    Ajinomoto becomes SEA Games sponsor as healthy eating promoter

    Japanese food company Ajinomoto has signed an agreement to become a top sponsor for the 29th Southeast Asian Games (SEA Games) and the 9th ASEAN Para Games in Kuala Lumpur this year.

    Ajinomoto Co., the parent company of Ajinomoto Vietnam, will provide support for both events as Platinum Sponsor. This is the first time a Japanese company has become an official sponsor for these regional events.

    Since 2003, Ajinomoto Co. has been working on the Victory Project®, which supports activities including sports nutritional guidance and amino acid conditioning for top-level athletes at international tournaments.

    The project provides top level athletes in Japan with Ajinomoto Group’s products and nutritional support through Kachimeshi® program, Ajinomoto’s sports nutrition meal program for building a winning physique.

    Being an official sponsor for the SEA Games and the ASEAN Para Games gives Ajinomoto Co. the opportunities to provide various supports through its subsidiaries in the Southeast Asian region based on a wealth of knowhow on nutritional support for athletes that the company has accumulated in Japan.

    Under the agreement, Ajinomoto Co. will provide products including seasonings, soups and coffee, depending on the cuisine of each country. It will also supply Amino VITAL®, the amino acid based product which aids in conditioning during extreme workouts, provides substantial muscle-building properties as a typical protein supplement and helps replenish energy during endurance sports.

    Ajinomoto Group representative inks deal making it the Platinum Sponsor of the 29th SEA Games and the 9th ASEAN Para Games.

    Ajinomoto Group representative inks deal making it the Platinum Sponsor of the 29th SEA Games and the 9th ASEAN Para Games.

    Founded in 1909, Ajinomoto is now operating in 28 countries and regions. It earned net sales of $9.87 billion in fiscal 2015.

    As a global manufacturer of high-quality seasonings, processed foods, beverages, amino acids, pharmaceuticals and specialty chemicals, Ajinomoto has for decades contributed to food culture and human health through wide-ranging application of amino acid technologies. Today, the company is becoming increasingly involved in finding solutions for improved food resources, human health and global sustainability.

    The company has established business bases in many Southeast Asian countries including Vietnam, Malaysia, Thailand, Indonesia, the Philippines and Singapore. The company has developed a consumer food business in these countries for many years, and thus has maintained a strong connection with the local food culture.

    Ajinomoto Co. established its Vietnam business in 1991. Ajinomoto Vietnam follows the mission of contributing to the growth of Vietnam, and to the happiness and good health of Vietnamese people through food culture and food resources development. The company specializes in “Delicious No.1” seasoning, food and beverage products.

    With the company’s specialty in food and health, Ajinomoto Vietnam is now taking initiatives in ASV, short for “Ajinomoto Group Creating Shared Value” which represents Ajinomoto Vietnam’s unchanging commitment to the creation of economic value and growth by contributing to the resolution of social issues, to create value together with the society and local communities.

    The company is now helping improve nutrition status for healthy living, develop food resources in agriculture sector and become model citizen in saving energy and natural resources.

    The Victory Meal as part of the Kachimeshi Program includes five dishes which provide nutritional balance with carbohydrates, protein and fiber.

    The Victory Meal as part of the Kachimeshi Program includes five dishes which provide nutritional balance with carbohydrates, protein and fiber.

    Under its School Meal Project, Ajinomoto Vietnam is collaborating with education and nutrition authorities to perform its social responsibility in the education sector. The project aims to improve the state of health among children and enhance their awareness of nutrition through primary school meals, to improve nutrition and health for the country’s next generation.

    The company’s expansion to the sports area aims to further its contribution to advances in food and health for general public as well as athletes in each country.

    The SEA Games and the ASEAN Para Games are held every two years to help forge strong regional cooperation, understanding and unity in the Southeast Asian community. They are the largest sports events in the region, attracting more than 600 million people each time.

    The 29th SEA Games and the 9th ASEAN Para Games are mainly held in Kuala Lumpur, Malaysia and hosted by Malaysia Organising Committee, with the participation of 11 nations: Vietnam, Brunei, Cambodia, East Timor, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The 29th SEA Games will take place between August 19-31, 2017 and the 9th ASEAN Para Games September 17-23.

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  • Uniqlo Spain to launch in Barcelona

    Uniqlo Spain to launch in Barcelona

    Japanese casual apparel retailer Uniqlo Spain will open its first store in Barcelona this northern autumn.

    The move takes it into the home market of archrival Inditex, parent of the Zara brand, among others.

    On the Paseo de Gracia shopping streets, the store will have 1730 sqm of space across four levels and offer a full line-up of apparel under the brand’s LifeWear concept.

    “Barcelona is the perfect location to introduce our LifeWear concept – innovative, high-quality clothing that is universal in design and comfort, and made for everyone,” says parent company Fast Retailing chairman/president/CEO Tadashi Yanai.

    Since opening its first store in Japan in 1984, Uniqlo has built a network of more than 1800 outlets across 18 markets. Spain will be its sixth market in Europe following the UK (first store opened in 2001), France (2007), Russia (2010), Germany (2014) and Belgium (2015). It has 45 stores across the five markets.

  • Competition squeezes out Ookbee Mall

    Competition squeezes out Ookbee Mall

    Ookbee Mall Thailand will close its eCommerce business Ookbeemall.com next month, citing heavy competition.

    Launched in November 2015 with an initial investment of 150 million baht (US$4.2 million), Ookbee Mall is a JV between Japanese eCommerce investor Transcosmos and Thai e-book store Ookbee.

    Founder Natavudh Pungcharoenpong says the mall was launched as an experiment to see if the low customer-acquisition cost of digital business could convert to physical business. “It turns out it cannot.”

    He says eCommerce needs to be on a large scale, and global players use subsidised promotion strategies to acquire customers, which Ookbee cannot afford to do. “Our capital can be better used in other areas, mostly digital products.”

    Pungcharoenpong says the closing of the eCommerce business will not hurt Ookbee’s digital business (e-book store). “Many people in Bangkok panicked and called us to cancel their digital subscription, as they confuse eCommerce with our core business. Our core business is e-books, and will remain intact.”

    Ookbee Mall was established as a one-stop portal for books and magazines, beauty and cosmetics, and products sourced directly from Japan. Last month, Ookbee partnered with Chinese internet giant Tencent to build a user-generated digital content company, Ookbee U.

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