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Kanoko Matsuyama
Hiroshi Mikitani, co-chief executive officer of Rakuten Medical, speaks at the American Society of Clinical Oncology's meeting in Yokohama on Thursday.
BUSINESS
Aug 7, 2023
Rakuten’s Mikitani spends a fifth of his time on biotech startup
Rakuten Medical, based in San Diego, employs about 200 people and specializes in a therapy that uses light and immunotherapy drugs to fight cancer.
Japan Times
BUSINESS / Companies
Jul 11, 2023
Eisai appoints CEO’s son to lead global Alzheimer drug program
Eisai's former global Alzheimer drug program officer, who led the push for U.S. approval of breakthrough medicine Leqembi, will retire at the end of the month.
Japan Times
BUSINESS / Companies
Jun 7, 2023
AstraZeneca’s Japan partner to go solo on future cancer drugs
Daiichi Sankyo is expanding its sales and development staff overseas, aiming to boost production capacity so that it can handle its cancer drugs business entirely on its own.
Japan Times
BUSINESS / Companies
Apr 27, 2023
Beer brewer Kirin strikes $1.2 billion deal for Australia’s Blackmores vitamins
Kirin Holdings has agreed to buy Australian vitamin-maker Blackmores for 1.88 billion Australian dollars ($1.24 billion, ¥165.9 billion) in cash, as part of a push by the Japanese brewer into health products to reduce its reliance on beer.
Japan Times
BUSINESS / Companies
Apr 20, 2023
Ajinomoto may build new factory for crucial film used in electronic chips
The company may invest more than its planned ¥25 billion if necessary, and will make a decision on any new factory within a few years, its CEO has said.
Japan Times
BUSINESS
Apr 10, 2023
Japan Inc. sells record short bonds amid BOJ tightening bets
Issuance of yen corporate notes due in five years or less reached an unprecedented ¥7.4 trillion ($56 billion) in the fiscal year that ended March 31.
Japan Times
BUSINESS
Apr 7, 2023
Seven-Eleven’s owner says new committee to review spinoffs and IPOs
The committee of outside board members will recommend changes and execute them, the eight independent directors said in a statement.
Japan Times
BUSINESS / Companies
Mar 13, 2023
Masatoshi Ito, founder of Japanese retailer Ito-Yokado, dies at 98
The company Ito founded was the predecessor to Seven & I Holdings, operator of more than 83,000 7-Elevens dotting the globe, with about a fourth of them in Japan.
Japan Times
BUSINESS
Mar 4, 2023
Japanese pharmaceutical firm Takeda lowers price of dengue shot in Brazil and Indonesia
The cost for Qdenga in Indonesia will be about one-third its European price, far lower than many other innovative vaccines, Takeda CEO Christophe Weber said in an interview.
Japan Times
JAPAN
Feb 28, 2023
Japan’s birth rate continues to decline, plunging to new record low
The total number of births was down 5.1% to 799,728, according to preliminary data released by the health ministry.
Japan Times
BUSINESS / Companies
Feb 21, 2023
After bankruptcy, fast-fashion brand Forever 21 plans upscale Japan relaunch
The move comes as the popularity of fast-fashion juggernaut Shein piles pressure on traditional brands including Forever 21 and H&M and puts a spotlight on sustainability in the industry.
Japan Times
BUSINESS / Companies
Feb 20, 2023
Uniqlo’s quest to conquer the U.S., one cashmere sweater at a time
The apparel maker, known for its affordable cashmere sweaters and solid basics, wants to go big in one of the world’s toughest consumer markets.
Japan Times
BUSINESS / Economy
Feb 16, 2023
Japan's upscale vending machines now offer caviar and wagyu
Aided by the pandemic push to minimize contact with others, food-dispensing machines have emerged as a rare spark of growth for the ailing sector.
JAPAN
Feb 1, 2023
COVID's quiet creep in Japan fuels its deadliest outbreak yet
A wave of omicron infections overwhelmed the nation's health system this winter and delayed medical care for patients, sending daily deaths to a record high of more than 500 on Jan. 14.
Japan Times
BUSINESS / Companies
Jan 30, 2023
Uniqlo brings skateboarding streetwear vibe to T-shirt sub-brand
Japanese artist and graphic designer Kosuke Kawamura unveiled last week his first creations as creative director of the apparel maker’s T-shirt line, called UT.
Japan Times
BUSINESS
Jan 12, 2023
Uniqlo owner sticks to forecast while seeking to raise wages
Operating profit for the year ending August is forecast to reach u00a5350 billion ($2.7 billion), the clothing retailer said in a statement.
Japan Times
BUSINESS / Companies
Jan 11, 2023
Uniqlo owner Fast Retailing to boost Japan salaries up to 40%
Starting monthly salaries for university graduates will increase to u00a5300,000 ($2,270) from u00a5255,000, while salaries for new store managers at Uniqlo will rise to u00a5390,000 from u00a5290,000.
Japan Times
BUSINESS / Markets
Jan 10, 2023
Eisai shares jump after FDA approves Alzheimer’s drug lecanemab
The drug, to be sold under the brand name Leqembi, was approved by the Food and Drug Administration under an accelerated pathway.
Japan Times
BUSINESS / Companies
Jan 6, 2023
Shionogi's COVID-19 pill may get China approval in March
The Japanese drugmaker has been submitting data to regulators in China and expects Xocova to be authorized for use as early as this quarter, Chief Executive Officer Isao Teshirogi said.
Japan Times
BUSINESS / Companies
Dec 28, 2022
Tokyo firm targets blood tests for Alzheimer's in wake of therapy breakthrough
Fujirebio Holding is boosting its lineup of reagents used to detect Alzheimer's biomarkers in blood tests.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.