CBD
There are the usual toppings on the Japanese site that any self-respecting Aussie pizza eater would go for (pineapple, garlic, mushroom and olives) but no sign of that legendary Australian pizza - the capricciosa. No pictures, either, of Japanese people biting into an Aussie egg-and-bacon pizza, known to some health nuts as a "breakfast pizza".
Maybe this is something Don Meij (pictured) from Australia's Domino's Pizza Enterprises can bring to the Land of the Rising Sun after his deal to buy 75 per cent of Domino's Pizza Japan, and partnering with 25 per cent owner Bain Capital.
There are some Japanese pizzas, however, that might not do too well in a cultural exchange with the Australian pizza chain. CBD's Japanese skills are not the best but it looks like one of the more popular pizzas in Japan is an "American", which according to some translations has Philly steak and sliced provolone (Italian cheese). That will set you back ¥2520 ($28) for a large. Side dishes on offer include a black chilli soup.
Dodging a bullet
HSBC's Hong Kong-based head of Asian economics and part-time crime writer Frederic Neumann was one relieved numbers boffin on Tuesday. Signs of a slowing economic giant that is China has had Neumann worried in recent months but some positive numbers last week from the Middle Kingdom on trade and industrial output put him at rest. A note sent to clients on Tuesday was simply titled "Phew".
"It looked pretty shaky for a while," Neumann said. "But Friday's numbers from China suggest that a degree of stabilisation is setting in ... The tapering news is also out of the bag and the [Bank of Japan] is doing its bit to sustain liquidity. Bullet dodged. And yet, an uncomfortable feeling lingers. All we got is a bit more time to put our house in order." Why stop at one metaphor?
Jetstar carrot
Victorian Premier Denis Napthine was trying his star jumps when he declared his state had headed off stiff competition to secure a new Jetstar maintenance and training facility for its new Boeing 787 Dreamliner. Sure there's some juicy dollops of state taxpayer funding in there but Jetstar owner Qantas is not alone. Other airlines such as Tiger have been the recipient of the odd carrot or two to base operations in Australia's own Seattle.
Napthine was keen to talk up the deal but reluctant to spell out how much the good people of Victoria had paid to secure the facility. "What we have made is a modest investment for a great return," Napthine said.
Melbourne should have had the inside running - given Jetstar's HQ is based there and Sydney Airport is basically full. Even so, Victoria had beaten other states to win the new facility, Qantas boss Alan Joyce said, without being specific. More star jumps are expected in October when Jetstar welcomes the first of 14 of the giant planes.
Rubbery figures
One can never accuse Church & Dwight, the company behind Dencorub, Arm & Hammer baking soda, Trojan condoms and Selsun Blue shampoo, as standing still.
James Craigie, the chief executive of the New York Stock Exchange-listed company, after reporting a double-digit quarterly sales growth this month outlined to Wall Street analysts about what's new. This includes "a new line of sexual lubricants under the Trojan brand name, a new Spa Clay line of products under the Nair brand" as well as a new single-dose cold sore treatment. Elsewhere there was a new "dishwashing booster product", a range of gummy vitamins and CBD's favourite, the new toothbrush that plays music by boy band One Direction.
bbutler@fairfaxmedia.com.au
Frequently Asked Questions about this Article…
According to the article, Domino’s Pizza Enterprises (Australia) agreed to buy 75% of Domino’s Pizza Japan in a deal that partners the Australian group with the remaining 25% owner, Bain Capital.
The article highlights the acquisition as a growth move: Domino’s Australia can leverage its brand and management (Don Meij is mentioned) in a new market. Investors should note the potential upside from expansion but also that the article points to cultural taste differences and menu adjustments that could affect execution.
The article notes Japanese Domino’s offers many familiar toppings (pineapple, garlic, mushroom, olives) alongside local favourites. One popular pizza translated as an “American” includes Philly steak and provolone; the article gives a large price example of ¥2,520 (about US$28) and mentions side dishes such as a black chilli soup.
HSBC’s Frederic Neumann told clients that recent Chinese trade and industrial output numbers suggest a degree of stabilisation after a shaky period. He described the news as a ‘bullet dodged,’ while warning an uncomfortable feeling still lingers — a reminder investors should watch ongoing China data and policy actions for market implications.
The article reports Victoria secured a new Jetstar maintenance and training facility for its incoming Boeing 787 Dreamliners, which the Premier promoted as a ‘modest investment for a great return.’ It also notes state taxpayer funding was involved but the Premier declined to spell out how much was paid.
Church & Dwight reported double‑digit quarterly sales growth. CEO James Craigie told analysts about a range of new products, including a line of sexual lubricants under Trojan, a Spa Clay line under Nair, a single‑dose cold sore treatment, a dishwashing booster product, gummy vitamins, and a toothbrush that plays music by One Direction.
The article identifies Bain Capital as the 25% owner of Domino’s Pizza Japan and the partner to Domino’s Pizza Enterprises in the deal to buy the remaining 75%.
The article flags a few uncertainties: ongoing questions about China’s economic momentum despite recent stabilising data, the unspecified level of taxpayer funding for the Jetstar facility, and cultural/menu differences that could affect Domino’s rollout in Japan. These items suggest monitoring execution and macroeconomic updates.

