Reed Stevenson

Nichirei Corp., the food distributor hit by a cyberattack that disrupted supplies to Kentucky Fried Chicken Japan and other outlets, said its systems are getting back online as it takes steps to remedy the disruption.

Cyberattacks are becoming a recurring operational risk for Japanese companies, with incidents increasingly disrupting more than just internal IT systems.

Seven & i Holdings Co. appointed former Keurig Dr Pepper Inc. executive Mauricio Leyva to lead its North American convenience-store business, putting a consumer industry veteran in charge as the Japanese retailer tries to revive performance and prepare the unit for an eventual public listing.

Shares in Seven & i Holdings Co. fell after the Japanese company ended talks over a potential investment in Zabka Group SA, Poland’s largest convenience store operator, even as it continues to look for expansion opportunities beyond its home market.

Shares in Seven & I Holdings fell after the Japanese company ended talks over a potential investment in Zabka Group, Poland's largest convenience

Japan’s carmakers are assuming that the yen will trade near current levels against the US dollar in the coming months, based on forecasts they issued just as the US stepped in to help the Japanese currency from weakening further.

Carmakers’ forecasts suggest they view the recent intervention as more of a brake on extreme moves rather than a fundamental shift in direction.

Hiroshi Okuda, who served as president and then chairman of Toyota Motor Corp. in the late 1990s and early 2000s, has died, according to Japan’s Kyodo News wire. He was 93.

AI sparked growth at a jobs-search platform that some investors feared doomed.

Calls for Japan’s central bank to raise rates are getting louder.