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	Japan Update June 20, 2018

	After Mercari, Japanese unicorns closer to extinction Now that Mercari has gone public, Japan has only two big  unlisted companies, and few  are in the pipeline. The country  lags far behind the U.S., China  and other nations. The main reason: Japanese venture capital is reluctant to get behind startups.
	Selected for you Sony pays Hirai $25m for final year as CEO Compensation more than doubled as Japanese group's profit hit all-time high Read more Skymark to offer Tokyo service to Saipan and Palau Out of bankruptcy, budget airline targets gaps in competition Read more Mitsubishi Electric set for $1.36bn profit in first half Strong robotics sales and weak yen drive earnings to record levels Read more J-pop song finds new life in China, a decade on Avex to release Chinese version of the staple wedding song Read more