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Satoshi Sugiyama
Consumer spending dropped 1.3% in October from a year earlier, data from the internal affairs ministry showed on Friday.
BUSINESS / Economy
Dec 6, 2024
Japan's soft consumer spending unlikely to deter BOJ from raising rates again
Economists attributed the underlying softness in consumption to rising prices and warm weather, which held consumers back from purchasing seasonal apparel.
Yasuyuki Kurosawa at his paddy fields in Meiwa, Gunma Prefecture. Tending the crops "is something that we cannot avoid, so we must do what we must do even if it's hot," the 77-year-old farmer said.
JAPAN
Aug 29, 2024
Heatstroke risk won't stop Japan's aging farmers as temperatures soar
Agriculture accounts for about 1% of Japan's economy and almost 70% of its 1.4 million farmers are age 65 and above.
Naoto Ooka inspects a new heat-resistant rice breed called Emihokoro that has been planted at the government-run Saitama Agricultural Technology Center in Kumagaya, Saitama Prefecture, on Aug. 7.
JAPAN
Aug 29, 2024
As sweltering summers ravage crops, Japan bets on heat-resistant rice
Supermarkets have struggled to keep rice shelves stocked in recent months.
Consumer prices excluding fresh food climbed 2.7% in July from a year earlier, accelerating slightly from 2.6% in June.
BUSINESS / Economy
Aug 23, 2024
Japan's core inflation picks up, but demand-driven growth slows
The "core core" index, which is closely watched by the BOJ, dipped below the key 2% line for the first time since September 2022.
People walk along Takeshita street at Harajuku shopping area in Tokyo
BUSINESS / Economy
Aug 15, 2024
Japan's economy rebounds strongly on consumption boost, backing case for more rate hikes
The Bank of Japan had forecast that a solid economic recovery will help inflation hit its 2% target and justify raising interest rates further.
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
JAPAN / Society
Jul 14, 2024
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
These carefully choreographed images are often kept hidden in conservative Japan.
Masato Kanda, vice minister of finance for international affairs, reiterated the currency authorities' readiness to step into the market for speculative-driven foreign exchange moves.
BUSINESS / Markets
May 7, 2024
Japan warns of action over rapid currency moves
Comments by the government's top currency diplomat, Masato Kanda, reinforced Tokyo's readiness to intervene again to support a fragile yen.
Japan's core machinery orders fell 1.7% in January from the previous month.
BUSINESS / Economy
Mar 18, 2024
Japan core machinery orders fall more than expected
Core orders, a highly volatile data series regarded as a leading indicator of capital spending in the six to nine months ahead, fell 1.7% in January.
Japan's economy stumbled into a recession in the October-December quarter last year on weak domestic demand, preliminary estimates have shown.
BUSINESS / Economy
Mar 8, 2024
Japan household spending logs biggest drop in 35 months in January
Household spending in January decreased by 6.3% from a year earlier and was down for the 11th straight month.
Japan's factory output in January fell at the fastest pace since May 2020 due to a drop in automobile-related production.
BUSINESS / Economy
Feb 29, 2024
Japan factory output falls at the fastest pace in nearly four years
A production downturn in motor vehicles is also adding to concerns about the fragility of an economy that slipped into recession late last year.
A fight over Benefit One is the latest in a growing number of takeover deals in Japan, spurred in part by the Tokyo Stock Exchange pushing for improved corporate governance.
BUSINESS / Companies
Feb 8, 2024
Dai-ichi Life gets Pasona's nod on Benefit One acquisition
The agreement with Pasona Group, which owns 51.16% of Benefit One, is crucial for Dai-ichi to win the battle against digital health care provider M3.
Tokyo Metro plans to go public in the fiscal year that starts in April.
BUSINESS / Companies
Jan 26, 2024
Tokyo Metro to go public as Japan seeks to reap benefits of buoyant stock market
The company, which is owned by the national government and the Tokyo Metropolitan Government, will be listed in the year that begins in April.
Akinori Ishii, of startup Tsubame Industries Co., sits inside the cockpit of ARCHAX, a giant human-piloted robot developed by him and CEO Ryo Yoshida, in Yokohama on Sept. 27.
BUSINESS / Tech
Oct 2, 2023
Japan startup develops 'Gundam'-like robot with $3 million price tag
The 3.5-ton robot has two modes: the upright "robot mode" and a "vehicle mode" in which it can travel up to 10 kilometers per hour.
Onboard snack carts on shinkansen services between Tokyo and Osaka will end on Oct. 31, Central Japan Railway has said.
BUSINESS
Aug 8, 2023
End of the line for snack carts on Tokyo-Osaka shinkansen
End of popular service comes amid a looming labor shortage and the trend of more people buying food before boarding.
A tree lies uprooted on a street in Naha, Okinawa on Wednesday after Typhoon Khanun battered the area.
JAPAN
Aug 3, 2023
Typhoon Khanun kills two in Okinawa, injures at least 62
Roughly 25% of Okinawa Prefecture — around 166,000 households — had lost electricity as of Thursday morning
Japan Times
BUSINESS / Companies
Dec 6, 2022
China's BYD to start selling EVs in Japan by early 2023
The world's largest EV-maker is stepping up its plan to either sell or make its cars available across major markets.
Japan Times
BUSINESS / Companies
Nov 9, 2022
Honda posts 16% rise in second-quarter profit and lifts outlook
The firm has been helped by robust performance in its motorcycle business, particularly in Asia.
Japan Times
BUSINESS
Aug 5, 2022
Work stoppages and no chatting at lunch: Japan Inc. grapples with COVID
Relief for Japan's companies and the wider economy could be in sight as health experts project this wave of infection to peak early this month.
Japan Times
JAPAN
Jul 19, 2022
With Shinzo Abe pale and lifeless, a doctor at the scene prayed for a miracle
The moment he laid eyes on Shinzo Abe's ashen face, Shingo Nakaoka knew that any attempt to revive the former Japanese prime minister was likely to be in vain.
Japan Times
JAPAN / ANALYSIS
Jul 19, 2022
The 2.5 seconds that sealed the fatal lapses in Shinzo Abe's security
The failure to protect Abe from a second shot followed what appeared to be a series of security lapses in the lead-up to the assassination of Japan's longest-serving prime minister.

Longform

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