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May 15, 2024
 

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BUSINESS

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Rakuten logged its fifteenth consecutive quarter in the red due to losses at its mobile service network unit.
BUSINESS / Companies
Rakuten logs 15th quarter of losses on mobile woes despite record financial unit profit
While its number of mobile subscribers rose to 6.48 million at the end of March, average revenue per user increased only fractionally.
BUSINESS / Companies
Sony profit outlook misses estimates as PS5 appeal wanes
Shares in Sony have been under pressure this month amid mounting speculation about the terms of its potential $26 billion bid for Paramount Global.
BUSINESS / Companies
Nomura seeks to double profit by 2030 in latest growth plan
Japan’s biggest brokerage plans to generate pretax income of more than ¥500 billion ($3.2 billion) with a focus on its key wholesale division.
Natural gas burns on a domestic kitchen stove in London.
BUSINESS / Companies
May 14, 2024
As war stems Russian gas, Norway's Equinor gains outsized market impact
By Priscila Azevedo Rocha and Kari Lundgren
Norway now supplies 30% of Europe's gas, and roughly two-thirds of Norway's exports last year were sold by Equinor.
French President Emmanuel Macron during an interview on the fringes of the Choose France summit in Versailles, France, on Monday
BUSINESS / Companies
May 14, 2024
Macron puts French banks in play with plan to transform Europe
By Ania Nussbaum, Samy Adghirni and William Horobin
Macron has been trying to persuade his EU partners to embrace reforms that he says would turn the bloc into a more united and powerful economic force.
Toyota CEO Koji Sato says the company plans to expand AI-related investments, and this year will focus on building a strong foundation for software-defined vehicles.
BUSINESS / Companies
May 14, 2024
Japan’s carmakers look to China tech to claw back market share
By Supriya Singh
With no signs of demand slowing for Chinese EVs, Japanese carmakers are looking to adapt their strategies to win over the world’s biggest auto market.
Spectators gather on South Padre Island to watch the planned launch of SpaceX's next-generation Starship spacecraft from the company's Boca Chica launchpad, near Brownsville, Texas, on March 14.
BUSINESS / Companies
May 14, 2024
Musk's SpaceX is quick to build in Texas, slow to pay its bills
By Marisa Taylor and Steve Stecklow
Unpaid bills and finger-pointing among contractors have led many construction-industry businesses to file liens against SpaceX properties.
Pending the offer’s success, I’rom Group will be delisted and Blackstone will own 55% of the company.
BUSINESS / Companies
May 13, 2024
Blackstone to take Japan drug trial firm private in management buyout
By Lisa Du and Takako Taniguchi
A tender offer will be made to acquire I’rom Group shares at ¥2,800 per share — a roughly 50% premium to Monday’s closing price of ¥1,873.
SoftBank is regaining its footing just as founder Masayoshi Son readies sizable investments in artificial intelligence and semiconductors.
BUSINESS / Companies
May 13, 2024
SoftBank to get more aggressive on AI after profit and asset sales
By Min Jeong Lee and Vlad Savov
The company earned a better-than-expected net income in the March quarter, helped by investment gains.
Breads developed to be eaten cold are displayed during an event in Tokyo in April.
BUSINESS / Companies
May 13, 2024
Shops promoting 'cold bread' hope to boost sales in summer
One company is promoting cat-shaped bread that can be eaten frozen.

Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Yen’s fragility raises specter of a new currency war in Asia
Suspected intervention to drag the yen off a 34-year low against the dollar is already seen as unlikely to have a lasting effect if Japan continues alone.
Online booking for Mount Fuji climb to open on May 20
Visitors climb the slopes of Mount Fuji, Japan's highest peak at 3,776 meters. From May 20, climbers will have access to a new online booking system for Mount Fuji's most popular Yoshida trail in Yamanashi Prefecture.
Ex-METI bureaucrat given 10-year sentence for drugging and raping women
The Tokyo District Court on Monday sentenced a former industry ministry bureaucrat to 10 years in prison for drugging six women with sleeping pills and then raping or groping them in 2022.
Political party Tsubasa no To investigated over election obstruction
Officers from the Tokyo Metropolitan Police raid the Tsubasa no To office in Tokyo on Monday.
In a rare event, the Northern Lights show up in Hokkaido
The Northern Lights in Nayoro, Hokkaido, on Saturday
Is black the new green for Japan’s flagging tea farmers?
George Guttridge-Smith brews tea at Kyoto Obubu Tea Farm in Wazuka, Kyoto Prefecture, where he serves as head of international development.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.

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

Things may look perfect to the outside world, but today's mom is fine with some imperfection at home.
How 'Reiwa moms' are reshaping motherhood in Japan
By Mai Yoshikawa

SUSTAINABLE JAPAN

Spotlighting a Niigata castle town through sushi
Spotlighting a Niigata castle town through sushi

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