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☆ Japanese architect Fumihiko Maki, credited with fusing East with West, has died at 95
▼ + stars: | 2024-06-12 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

Tokyo (AP) — Japanese architect Fumihiko Maki, who won the prestigious Pritzker Prize for designs praised as smartly and artfully fusing the East with the West, has died. Maki, who taught architecture and urban design at Harvard, died June 6, his office, Maki & Associates, said Wednesday. A devoted educator, Maki, in addition to teaching at Washington University, Harvard and the University of Tokyo, lectured around the world. Maki, along with fellow Tange students Arata Isozaki and Kisho Kurokawa, were the pillars of Japanese modernism. The Pritzker, in selecting Maki, praised him as part of a new wave of architects rebuilding postwar Japan.

Persons: Fumihiko Maki, Pritzker, Maki, Mark Lennihan, Zaha Hadid, Kengo Kuma, Skidmore Owings, St . Louis, oku, ” Maki, “, Kenzo Tange, Arata Isozaki, Kisho Kurokawa, Bill Lacy, Arnold Brunner Organizations: Tokyo, Harvard, Associates, National Museum of Modern Art, Yerba Buena Center, Arts, Trade, Trade Center, Pritzker, University of Tokyo, Cranbrook Academy of Art, Harvard University Graduate School of Design, Skidmore, Jackson & Associates, Washington University, Washington University , Harvard, MIT Press, American Academy of Arts, American Institute of Architects, AIA Locations: Kyoto, U.S, San Francisco, New York, Chiba, Japan, Hillside, Tokyo, Manhattan, British, Iraqi, Michigan, Merrill, Chicago, Sert, Cambridge, St ., Israel

The remarks came amid simmering market speculation that creeping inflation and robust wage growth will prod the Bank of Japan (BOJ) to tweak its yield control policy at a two-day rate review ending on Friday. Under the joint agreement with the government signed in 2013 and re-confirmed by the current administration, the BOJ pledges to achieve 2% inflation at the earliest date possible. The remarks differ in tone from those made earlier on Monday by top currency diplomat Masato Kanda, who said recent inflation and wage rises were overshooting expectations. On Friday, Kanda told Reuters that "various expectations and speculations are spreading about the possibility of some kind of tweak to monetary policy." Sources have told Reuters the BOJ is leaning toward keeping its yield control policy steady this week, though there is no consensus within the bank.

Persons: BOJ, Kanda, Yoshihiko Isozaki, Isozaki, Isozaki's, Masato Kanda, It's, Kazuo Ueda, Leika Kihara, Kantaro Komiya, Kim Coghill, Lincoln Organizations: Bank of Japan, Reuters, Thomson Locations: TOKYO

☆ Kirin investors find vitamin deal hard to swallow
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

The $15 billion Japanese company is best known as a brewer, but sources more than half its top line from other businesses. Kirin, led by CEO Yoshinori Isozaki, also reckons the deal will be accretive to earnings per share in the first year. Yet investors immediately wiped some $450 million off the purchaser’s market value on Thursday, almost double the premium it agreed to pay Blackmores’ shareholders. Blackmores may yet show Kirin has adopted a better dealmaking regimen, but investors aren’t holding their breath. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Japan says it has 'legal right' to destroy any foreign balloon in its airspace
▼ + stars: | 2023-02-09 | by ( Julian Ryall | South China Morning Post | ) www.businessinsider.com time to read: +5 min

Japan's defence minister says it would have the legal right to destroy any balloon that enters its domestic airspace. Defence Minister Yasukazu Hamada said on Tuesday under existing laws, Japan would have the legal right to destroy any balloon that intrudes into its domestic airspace. "Intrusions into Japan's territorial airspace constitute a violation, even if it is a balloon," the Yomiuri newspaper quoted Isozaki as saying. In the future, it may be possible to use lasers or other technology to bring a balloon to earth, he suggested. Japan uses balloons for weather observations, but the prevailing winds mean that they typically travel east, over the Pacific, rather than over mainland Asia.

☆ Kirin seeks more North American craft beer factories after strong growth
▼ + stars: | 2022-12-21 | by ( Miho Uranaka | ) www.reuters.com time to read: +3 min

REUTERS/Issei KatoTOKYO, Dec 21 (Reuters) - Kirin Holdings (2503.T), Japan's second-largest brewer, is looking to buy factory facilities in North America to maintain strong growth in the region's craft beer market, its chief executive said. Kirin has seen sales volumes in the North American craft beer market climb by double-digit percentage figures since acquiring Colorado-based New Belgium Brewing in 2019 and Bell's Brewery in Michigan in 2021. "Our craft beer business in North America is on a roll," CEO Yoshinori Isozaki said in an interview with Reuters on Tuesday. North American craft beer is also now the company's most profitable segment among global businesses that span everything from whisky to probiotic health drinks, he added, without disclosing profit margins. Kirin had craft beer sales of about 60 billion yen ($454 million) in the year ended in March, accounting for 3% of global sales.

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