AUSTRALIAN – JAPAN

Qantas cash for Jetstar

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Original article by Jamie Freed
The Australian Financial Review – Page: 15 : 29-Jun-15

The Jetstar Japan joint venture between Qantas and Japan Airlines is believed to have a cash burn rate of about Y700m a month. It is also said to have cash holdings of around Y4bn. Meanwhile, Qantas will invest an additional Y2bn ($A21m) in the budget carrier in 2015, as part of a 2014 deal with its joint venture partner to collectively invest another Y11bn in the business in two instalments. Jetstar Japan posted a loss of Y11.1bn in 2013-14.

CORPORATES
QANTAS AIRWAYS LIMITED – ASX QAN, JAPAN AIRLINES COMPANY LIMITED, MITSUBISHI CORPORATION, CENTURY TOKYO LEASING CORPORATION, JETSTAR JAPAN, JETSTAR HONG KONG AIRWAYS LIMITED, CISCO SYSTEMS INCORPORATED

Eddington cheers a ‘new wave’ from Japan

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Original article by Rick Wallace, Rowan Callick
The Australian – Page: 19 : 31-Jul-14

Prominent Australian businessman Sir Rod Eddington predicts increased investment by Japanese entities, including major trading houses Mitsui, Sumitomo and Mitsubishi, under a new free-trade agreement. He also notes that the services sector will be a major beneficiary in terms of exports to Japan, apart from the more obvious agricultural industry. However Wesfarmers non-executive director and Strategy& chair Vanessa Wallace notes that Australian businesses currently account for under 1% of all foreign companies with operations in Japan

CORPORATES
PRICEWATERHOUSECOOPERS, WESFARMERS LIMITED – ASX WES, COOGEE CHEMICALS PTY LTD, MITSUBISHI CORPORATION, MITSUI AND COMPANY LIMITED, SUMITOMO CORPORATION, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE