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METI

Counterfeit credit cards at the Osaka Prefectural Police Department in November
JAPAN / Crime & Legal
Apr 10, 2024
Illicit credit card use damage hits record high in Japan
The Ministry of Economy, Trade and Industry aims to strengthen measures to prevent such damage.
Mitsubishi Heavy Industries scrapped the development of its regional jet last year, after 15 years of effort.
BUSINESS / Economy
Mar 28, 2024
Japan really wants to build airplanes, $33 billion project shows
The Ministry of Economy, Trade and Industry is aiming to introduce a new aircraft by 2035.
Travel agents from Thailand make matcha tea in the town of Wazuka, Kyoto Prefecture, on Feb. 27, during a tourism promotion program organized by the Kansai Bureau of the Ministry of Economy, Trade and Industry.
JAPAN
Mar 20, 2024
Japan hoping wealthy Asians will visit rural areas near 2025 expo
While Japan sees the expo as a chance to attract foreign tourists, the event has yet to gain recognition.
Japan aims to have 10 gigawatts (GW) of offshore wind power projects by 2030 and up to 45 GW by 2040, to replace fossil fuels including coal and liquefied natural gas in its energy mix — for which floating offshore wind is essential.
BUSINESS / Markets
Mar 13, 2024
Japan to expand offshore wind development to exclusive economic zones
Global energy companies have been urging Japan to make investments more attractive, amid soaring costs and growing competition between suppliers.
TSMC's new factory in Kikuyo, Kumamoto Prefecture
BUSINESS / Companies
Mar 4, 2024
Japan in the midst of a semiconductor plant construction rush
The government set aside ¥4 trillion between fiscal 2021 and fiscal 2023 for subsidies for helping companies build semiconductor plants.
The government will extend subsidies worth as much as ¥242.9 billion for Kioxia and Western Digital to expand memory chip production in Mie and Iwate prefectures.
BUSINESS / Tech
Feb 6, 2024
Japan extends subsidies to downturn-hit Kioxia and Western Digital
The funding provides underpinning for the two companies, which have been hammered by a slump in the market for NAND flash chips.
Then-industry minister Yasutoshi Nishimura speaks at an exhibition in Tokyo on Dec. 13.
JAPAN / Politics
Dec 30, 2023
Nishimura questioned over funds scandal at biggest LDP faction
Nishimura is the sixth senior member of the faction to have been questioned by the special investigation team.
People take shelter in the Khreshchatyk metro station during an air strike alarm in Kyiv on Thursday amid the Russia invasion of Ukraine.
JAPAN
Dec 15, 2023
Japan expands sanctions over Russia's Ukraine invasion
Tokyo added to its sanctions list 57 organizations in Russia and six others in countries.
The Ministry of Economy, Trade and Industry has been meeting with Japanese buyers, as well as overseas suppliers, to urge the signing of more long-term LNG contracts.
BUSINESS / Companies
Nov 21, 2023
Japan urges LNG buyers to sign long-term deals for fuel security
The push is meant to insulate Japan from future supply shocks, as well as potentially harsher sanctions against Russian fuel exports.
Kiyoto Tsuji, a state minister for foreign affairs (center), and Kazuchika Iwata, a state minister of economy, trade and industry (right), talk to Ukrainian officials during their visit to Kyiv on Monday.
JAPAN / Politics
Nov 21, 2023
Japan state ministers visit Ukraine to examine recovery needs
The delegation included representatives from Japanese firms such as JFE Engineering and IHI, and agricultural machinery maker Kubota.
JERA's coal-fired power plant in Yokosuka, Kanagawa Prefecture, is under construction in 2021.
ENVIRONMENT / Energy
Oct 22, 2023
Japan sticks with climate solution that critics say is far from clean
The government hopes to use ammonia on a massive scale to reduce emissions from coal-fired power plants, but environmentalists remain skeptical.
Japan has doubled its target for the installation of electric vehicle charging outlets to 300,000 outlets by 2030.
BUSINESS / Economy
Oct 19, 2023
Industry ministry doubles target for EV charger installments
The aim is to accelerate installments so that Japan can achieve its target of having electrified vehicles account for 100% of its new car sales by 2035.
Industry minister Yasutoshi Nishimura announced Japan's additional subsidies for U.S. chipmaker Micron Technology's plant in Hiroshima Prefecture.
BUSINESS / Companies
Oct 3, 2023
Japan to provide ¥192 billion in extra subsidies to Micron
The move, which comes on top of the up to ¥46.5 billion aid announced earlier, adds to Japan's efforts to ensure a stable supply of chips.
Liquefied natural gas tanks in Sodegaura, Chiba Prefecture
BUSINESS
Sep 27, 2023
Industry ministry sees LNG stocks recovering toward winter
LNG stocks have been declining since May as a long, hot summer boosted the use of air-conditioners, lifting demand for power and fuels.
Industry minister Yasutoshi Nishimura says Japan is considering shipping captured carbon dioxide to Malaysia for underground storage.
BUSINESS / Economy
Sep 26, 2023
Japan considers transporting captured carbon dioxide to Malaysia
The project, which will be Japan's first shipment of captured carbon dioxide and its storage overseas, is set to start in 2028.
The release of treated water from the Fukushima No. 1 nuclear power plant into the sea in the town of Okuma, in Fukushima prefecture, began Thursday.
JAPAN / Explainer
Aug 24, 2023
A closer look at the Fukushima water discharge plan
The IAEA, the Japanese government and many nuclear experts say this process is safe and consistent with what other countries are doing.
Trade minister Yasutoshi Nishimura is scheduled to leave Japan on Sunday for an eight-day tour of five African countries to step up resource diplomacy.
BUSINESS
Aug 4, 2023
Japan to strengthen resources diplomacy with Africa
Japanese companies have been falling behind foreign rivals in launching resources development projects in Africa.
Storage tanks for radioactive water at Tokyo Electric Power Co's tsunami-crippled Fukushima No. 1 nuclear power plant
JAPAN
Jul 30, 2023
No change in plan to release treated water, minister says
Japan's industry minister says there is no change to plan to start releasing treated water from Fukushima nuclear plant this summer.
Japan Times
BUSINESS
Jul 14, 2023
Four Japanese utilities and sales units slapped with business improvement orders
The industry ministry monitoring committee on gas and electricity businesses concluded that their actions hinder liberalization of the electricity market and the development of the sector.
Japan Times
JAPAN / Crime & Legal
Jul 11, 2023
Japan's supreme court makes landmark decision on transgender rights
In the first Supreme Court decision over bathroom usage by sexual minorities, the body ruled it was unlawful to restrict the use of bathrooms by a transgender woman at the economy ministry.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores