Lufthansa CEO Carsten Spohr is leveraging his crisis‑management experience to improve margins, centralise the group and expand long‑haul capacity. After a 60% share‑price rise since early 2025, the airline posted its best punctuality in a decade with over 80% on‑time arrivals, but margins remain low at 4.4% in 2024. Spohr aims to lift margins to 8‑10% by 2030 while navigating costly union strikes that recently affected 100,000 passengers. Fleet renewal and new aircraft deliveries are central to cutting fuel and maintenance expenses.
Straker, a New Zealand‑based firm, has launched an AI‑driven platform that automatically converts Japanese financial statements into polished English documents. The tool promises near‑instant translation, delivering complete, investor‑ready financials without manual intervention. Japanese corporations, traditionally hampered by language barriers, can now...
Sixth‑generation brothers Hironori and Takanori Aoki are battling Aeon and activist fund Oasis for control of the 157‑year‑old drug‑store chain Kusuri no Aoki Holdings. They have called an emergency meeting to adopt a poison‑pill that would dilute any shareholder acquiring...
Japan announced a major increase in government support for its content industries, including video games and anime, to accelerate overseas expansion. Overseas sales of Japanese media reached ¥5.8 trillion in 2023, and the government aims to lift annual export revenue to...