Japan

Coronavirus pushes corporate Japan into a ‘virtual’ AGM season

TOKYO — Japan is heading into its peak season for annual shareholder meetings with companies racing to implement safety measures and find effective ways for investors to meet and vote amid the coronavirus pandemic.

June is usually a whirlwind of AGMs across Japan. Large companies welcome thousands of investors to events that are part official business, part marketing opportunity, with shareholders enjoying corporate hospitality and the odd freebie.

But this year many are scaling back their plans drastically. “Please refrain from coming to the general meeting,” Toyota Motor and Sony both told shareholders. 

In a normal year Toyota would put

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Coronavirus latest: Cardboards in demand in Japan for partitions

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Global cases have reached 6,372,447, according to Johns Hopkins University.

The worldwide death toll has hit 379,709.

To see how the disease has spread, view our virus tracker charts:


(Source photo by AP) 

Here are the latest developments (Tokyo time):

Wednesday, June 3

11:01 a.m. Australia’s GDP contracted 0.3% in the first quarter ended March, its first decline in nine years.

10:55 a.m. Cardboard is in the spotlight in Japan as light, cheap, and easy-to-handle means of preventing

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Coronavirus latest: Japan greenlights saliva-based PCR tests

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Global cases have reached 6,259,887, according to Johns Hopkins University.

The worldwide death toll has hit 375,208.

To see how the disease has spread, view our virus tracker charts:


(Source photo by AP) 

Here are the latest developments (Tokyo time):

Tuesday, June 2

10:25 a.m. South Korea confirms 38 new cases, up from 35 a day ago. Total infections reach 11,541 with 272 deaths.

10:00 a.m. Japan allows saliva-based tests to help increase PCR testing. But the

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Tokyoites cautiously step out as Japan reopens for business

TOKYO — Visitors to the Tokyo department store now wait in line to first be sanitized and have their temperatures checked before being allowed to shop. But traffic at the reopened Isetan Shinjuku location was still off 30% on the year last weekend, and sales for the entire week also shrank 10%.

A week after Japan fully lifted its state of emergency, businesses are lifting their shutters and turning the lights back on. But customers and workers are not rushing to return.

Visitors are trickling back to major landmarks and stores, foot traffic data shows. But the capital still has

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