Kyushu Shinkansen Operating Trials to Begin in September

Operating trials for the unopened route of the Kyushu Shinkansen from Fukuoka City to Yatsushiro are slated to begin in September. According to authorities, the civil engineering work and the work to lay the tracks is 100% complete. Work on the stations and the train storage area is 91% complete and proceeding smoothly. The trials […]

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Nishi-Nippon City Bank to Support Overseas Expansion

The Fukuoka City-based Nishi-Nippon City Bank has formed a special department to specialize in financial support to local companies that want to establish an overseas presence or conduct exporting operations. Bank departments of this type are unusual in Japan, and it is the first in Kyushu. The objective is to help local businesses grow by […]

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Regional Bankruptcies at Lowest Level in 37 Years

The Fukuoka branch of Tokyo Shokoh Research released their April statistics for corporate bankruptcies with more than 10 million yen in liabilities in Kyushu and Okinawa Prefecture. The statistics show there were only 63 bankruptcies for the month, 27.5% down from the year-before period and the 15th consecutive monthly decline. It was the lowest level […]

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Tax Break-Eligible NPO Certifications Lagging in Kyushu

The use of the system to receive tax breaks by donating to non-profit organizations is lagging in Kyushu. Of the 144 NPOs that have received such certification, roughly half are in the Tokyo area. Meanwhile, only nine are in Kyushu—eight in Fukuoka Prefecture and one in Nagasaki Prefecture. This is attributed to the stringent certification […]

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Earnings Improve for Regional Banks

The 18 regional banks headquartered in Kyushu and Yamaguchi Prefecture released their financial reports for the year ended March 2010, which showed that 15 were improved in the net profit/loss category from the previous year. This was attributed to the decline in losses from non-performing loans, which in turn resulted from the fewer bankruptcies among […]

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Zinc Recovered Inexpensively from Waste Water

Fukuoka Prefecture announced it had developed and put into operation the first device in the country for inexpensively recovering zinc from the waste water at plating plants for reuse. The recovered zinc will be sold to refining companies. The device was developed jointly by several government-affiliated bodies and universities, who have worked on the project […]

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Miyazaki Governor Declares State of Emergency

Miyazaki Prefecture Gov. Hideo Higashikokubaru declared a state of emergency for the entire prefecture as the foot-and-mouth infection continues to infect local livestock. He has asked those not involved in agriculture to cooperate by limiting their trips outside the home. Further, all the livestock in an area with a radius of 10 kilometers will be […]

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Semiconductor Production Picking Up

Signs of an uptick in semiconductor production are appearing. Production has fallen since the start of the global economic turndown two years ago, but demand is rising for semiconductors in China and other newly developing countries to be used in such items as cell phones and digital cameras. Toshiba, Mitsubishi, and Kyocera are expanding their […]

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Kyushu Governors Have Cautious Attitude toward Futenma Move

The Nishinippon Shimbun conducted a survey of Kyushu governors to gauge their response to a government suggestion to move some of the functions of the Futenma airbase in Okinawa to Kyushu locations, and found that most have a very cautious attitude. Fukuoka Prefecture Gov. Wataru Aso said, “We must adopt a stance of accepting training […]

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Large Retail Store Sales Down for a Decade

The Kyushu Bureau of Economy, Trade, and Industry released aggregate sales figures for large retail stores in Kyushu and Okinawa for FY 2009, which showed a 5.2% year-on-year decline to 1.5188 trillion yen. This is the tenth consecutive decline for this retail sector. The bureau attributed the declines to the continuing slump in consumption and […]

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