Friday, November 27, 2020
Yumeshima

Delays and doubts over Yumeshima transport infrastructure

If the IR policy delays have created a threat to Yokohama’s plans that are primarily political, the deepest concerns for Osaka arguably relate to its effect on transportation infrastructure to the man-made island of Yumeshima.
Yukio Fujiki

Yokohama IR battle lines harden

Barring some truly dramatic event, it is already clear Yokohama faces a year of battle over IR development in 2021, pushing other public issues to the margins. Yokohama Mayor Fumiko Hayashi’s mayoral term comes to an end in August 2021.
Japan IR economic benefits

Japan IR economic benefits [Infographic]

While the number of contenders willing to host an integrated resort has dropped dramatically since January, four runners - Yokohama, Osaka, Wakayama, and Nagasaki are continuing their campaign win a spot in Japan's integrated resort future. 
Kyushu leading newspaper editorializes against IR

Kyushu’s leading newspaper editorializes against IR

The Nishinippon Shinbun, the leading regional newspaper of the Japanese island of Kyushu, editorialized on Monday against the IR development plan in Nagasaki that is supported by the region’s governors.
Universal Entertainment records January-September 17.5% revenue decline

Universal Entertainment records January-September 17.5% revenue decline

Universal Entertainment has recorded JPY77.1 billion (US$732 million) in revenues for the January-September nine-month period, a figure which was down 17.5 percent on a year-on-year basis. The net loss attributable to owners of the parent company came to JPY6.8 billion.

Yokohama appears headed for IR referendum showdown

If current trends hold, there will soon be a referendum in Yokohama, which will bring an end to what is currently anticipated to be the largest IR development in Japan.

Universal Entertainment wins legal case against former auditor

Universal Entertainment Corporation has issued a statement that it has won a legal case against former company auditor Yuki Arai when the Tokyo High Court dismissed an appeal.
No going big in Japan without going local

No going big in Japan without going local

Japan is an unusual market in Asia, as while online gambling is illegal, the government appears willing to turn a blind eye and as a result business is booming.

Yokohama establishes council to coordinate IR policies

The municipal government has established the “Yokohama Innovation IR Council’ to exchange opinions with the Kanagawa Prefectural Government and the Public Safety Commission in connection with the development of IR policy.

Sega Sammy sales down by a third in July-September period

Sega Sammy Holdings has reported that its overall sales fell by 33.4 percent year-on-year to JPY110.2 billion (US$1.1 billion). The group posted an operating loss of JPY3.1 billion for the quarter.

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