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April 20, 2024
 

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ITOCHU

A Bigmotor outlet in Tama, Tokyo, in September
BUSINESS / Companies
Mar 6, 2024
Itochu announces turnaround support for Bigmotor
Itochu is considering investing ¥20 billion in a new company to take over Bigmotor's key assets.
Warren Buffett
BUSINESS
Feb 25, 2024
Buffett ups his holdings of Japanese trading houses to about 9%
Berkshire first announced its stakes in the trading houses in 2020 with the intention of holding them long-term and increasing them to as much as 9.9%.
Warren Buffett's Berkshire Hathaway is one of the largest shareholders in all five of Japan's biggest trading companies.
BUSINESS / Companies
Jan 30, 2024
Buffett reversal risk pushes Japan firms to diversify investors
Berkshire is one of the largest shareholders in all five of Japan’s biggest trading companies.
Japan Times
BUSINESS / Companies
May 2, 2023
The inside story of Buffett’s big Japan bet, over glasses of Coke at Four Seasons
The billionaire investor's visit is seen as an important vote of confidence in Japan’s big five traders as they pivot away from fossil fuels.
Japan Times
BUSINESS
Apr 3, 2023
Japan firms roll back COVID measures for new recruit welcome events
Businesses are gradually returning to normal after the government revised mask-wearing guidance last month, leaving it up to individuals to decide whether or not to wear masks.
Japan Times
BUSINESS / Companies
Dec 27, 2022
Japan firms agree on long-term LNG deals with U.S. and Oman in fossil fuel reversal
The agreements, driven by high prices, mark a shift for importers that had been moving away from such deals, expecting a transition to cleaner energy sources to reduce gas demand.
Japan Times
BUSINESS
Nov 4, 2022
Japan to maintain stake in Russia's Sakhalin-1 oil project
The move comes amid international sanctions on Russia over its invasion of Ukraine.
Japan Times
BUSINESS
Jul 7, 2022
Disclosure of employees' birthrate sparks backlash at Japanese trading house
Itochu published the average number of children its female employees are estimated to bear in a lifetime, setting it as an essential index to promote women's advancement.
Japan Times
BUSINESS / Companies
May 31, 2022
Smart ring that acts as wallet and key gets backing from big Japanese firms
Made out of zirconia, the finger-worn gadget lets people do things such as lock and unlock doors, as well as pay for drinks in stores.
Japan Times
JAPAN
May 9, 2022
Japan to phase out Russian oil use but remain in Sakhalin energy projects
The ban 'in principle' on Russian oil imports is expected to come in stages, and is expected to have limited effect on Japan's supplies.
Japan Times
BUSINESS
Jan 14, 2022
Hitachi to sell half of stake in construction machinery unit
The company currently owns about 51% of the unit. Of the total, 26% will be sold to a joint venture between trading house Itochu Corp. and investment fund Japan Industrial Partners Inc.
Japan Times
BUSINESS
Aug 31, 2021
Warren Buffett has made $2 billion so far with bet on Japan's trading houses
The gain of more than 30% across the five firms has outpaced the benchmark Topix index's 21% rise, without accounting for dividend income.
Japan Times
BUSINESS / Companies
Aug 19, 2021
UAE sells another blue ammonia shipment to Japan in push toward hydrogen
Seen as crucial to the future of global energy, blue ammonia is made from hydrogen and emits only water vapor when burned.
Japan Times
JAPAN
Apr 1, 2021
New recruits mark first day at work, many joining ceremonies online
Last year many events marking the start of the new business year were canceled due to the spread of the virus that causes COVID-19, but this year some have resumed.
Japan Times
BUSINESS
Feb 21, 2021
Japan's green growth plan propels firms to sharpen environment focus
Prime Minister Yoshihide Suga's pledge to make Japan carbon neutral by 2050 has driven trading houses to review their heavy reliance on natural resources.
Japan Times
BUSINESS / Companies
Nov 5, 2020
CMC’s sale of Fancl’s Asian business draws interest from firms
Marketed as being free from preservatives and other chemicals, Fancl's skincare products and nutritional supplements are popular among consumers in Asia.
Japan Times
BUSINESS / Companies
Oct 22, 2020
FamilyMart shareholders approve Itochu taking convenience store private
FamilyMart Co. shareholders on Thursday approved a plan for trading house Itochu Corp. to take the convenience store operator private as the coronavirus pandemic prompts a strategic rethink on how to compete in a shrinking domestic market and plans for overseas expansion.
Japan Times
BUSINESS / Markets
Oct 13, 2020
Buffett-led share price boom short-lived for most Japan trading firms
The August announcement, among the largest investments ever made by Buffett in Japan, boosted investor interest in the trading companies.
Japan Times
BUSINESS / Companies
Aug 31, 2020
Berkshire Hathaway takes stakes topping $6 billion in Japan's top five trading companies
Shares in the trading houses leaped on news of the foray, one of billionaire Warren Buffett's biggest in Asia's second-largest economy.
Japan Times
BUSINESS / Companies
Aug 25, 2020
Itochu raises stake in FamilyMart to 65% via tender offer
The move will allow the trading firm to begin delisting the convenience store operator from the first section of the Tokyo Stock Exchange and take it private.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Tehran signals no retaliation against Israel after drones attack Iran
A reported strike against Iran by Israel on Friday came against the backdrop of Iran's support for the Palestinian Hamas militant group, whose assault into Israel on Oct. 7 triggered Israel's invasion of Gaza.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
Former No. 1 Kento Momota retires from international badminton at 29
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Latest Biden chip deal highlights U.S. semiconductor successes
U.S. President Joe Biden speaks as he announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus in Chandler, Arizona, on March 20.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
Upstart Zelvia shows that, in the J. League, it’s anyone’s game
Machida supporters wave giant flags during the team's game against Vissel Kobe at National Stadium in Tokyo on Sunday.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on
By Lance Henderstein

SUSTAINABLE JAPAN

Leading Japan’s sustainability from Tokyo
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