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Yuki Yamaguchi
Analysts say further rate hikes by the Bank of Japan could prompt the downfall of "zombie" firms in the face of higher borrowing costs, but that the current labor shortage could help offset some of the adverse impacts of possible insolvencies.
BUSINESS / Companies
Mar 20, 2024
BOJ rate hike may spell end for Japan's unprofitable 'zombie' firms
The COVID-19 pandemic, in particular, pushed up the number of such firms that are barely surviving while struggling to cover debt-serving costs.
AirJapan officials take part in a ribbon-cutting ceremony at Narita Airport in Chiba Prefecture on Friday,
BUSINESS
Feb 9, 2024
ANA launches new medium-haul low-cost carrier targeting Asian tourists
All Nippon Airways said AirJapan will operate six round-trip flights per week between Narita Airport near Tokyo and Bangkok.
Jasmy President Kazumasa Sato (center), Executive Officer Hidehiko Kakinuma (left) and head of software development Takashi Hagiwara at the company's office in Tokyo in July
BUSINESS / Tech
Aug 9, 2023
Ex-Sony execs take on tech giants with blockchain security gambit
Kazumasa Sato aims to give people control over their personal data at a time when big tech firms have obtained vast amounts of it.
Japan Times
BUSINESS / Companies / FOCUS
Mar 12, 2023
New Nissan-Renault alliance no longer aiming for greater synergies
Renault's plan to reduce its stake in Nissan to 15% from 43% will help the French automaker propel investment for growth while giving its Japanese partner more autonomy, analysts say.
Japan Times
BUSINESS
Jan 19, 2023
Former Nomura exec opens school to help shift Japan's savings to stocks
A tragic event led Seiji Watanabe to see stocks as a way to help nurture companies that provide necessary goods and services, rather than simply as a way of making money.
Japan Times
BUSINESS / Companies / FOCUS
Nov 17, 2022
New Japanese chipmaker Rapidus joins development and investment race
The government sees domestic chip production as critical to its economic security, as dependence on major supplier Taiwan poses geopolitical risks.
Japan Times
BUSINESS / Companies / FOCUS
Oct 11, 2022
Yen weakness likely to mute impact of Japan's reopening for airlines
The weakness of the yen is threatening to cut deeper into demand for overseas trips from Japan, as some economists say the currency could reach it's lowest level in 32 years.
Japan Times
BUSINESS / Economy / FOCUS
Sep 19, 2022
Higher restaurant prices add to pressure on Japanese consumers
McDonald's Japan branches, curry restaurant operator Ichibanya and Torikizoku Holdings have also passed on higher costs to consumers this year.
Japan Times
BUSINESS / Economy / FOCUS
Aug 16, 2022
Japan firms' earnings momentum unlikely to bring hoped-for wage hikes
Companies from automakers to energy companies reported upbeat earnings for the April to June quarter and revised upward full-year projections.
Japan Times
JAPAN
Jun 19, 2022
Base opponents in a bind as SDF troops put down roots on far-flung Okinawan island
Residents say the boost to the economy has made it hard to voice concerns over the troops' presence.
Japan Times
JAPAN
May 16, 2022
Biracial Okinawans begin to find voice amid tensions over U.S. bases
'We hadn't raised our voices because we were afraid, but it's important for us to speak up so people recognize us,' said Minako Toguchi.
Japan Times
JAPAN
May 15, 2022
Okinawa marks 50 years since reversion from U.S. rule
Okinawa continues to shoulder the bulk of U.S. bases in the country despite its long-stated hope of becoming 'a peaceful island free of military bases.'
Japan Times
JAPAN
May 14, 2022
Okinawa stages peace march ahead of 50th anniversary of return to Japan
Under rainy skies, many participants were seen wearing headbands with the message 'Okinawa without bases,' a dream shared by residents when the prefecture was returned to Japan.
Japan Times
BUSINESS
Feb 27, 2022
Former Mitsubishi SpaceJet engineer trains next generation after project freeze
Junichi Miyakawa has launched a course designed to share knowledge of airplane manufacturing with future industry professionals and keep ambitions alive.
Japan Times
BUSINESS / Companies
Feb 27, 2022
Ex-Carlos Ghosn aide Greg Kelly confident of winning acquittal
The former Nissan executive is accused of understating remuneration by around u00a59 billion, violating Japan's financial instruments and exchange law.
Japan Times
BUSINESS / Economy
Jan 23, 2022
Japan's 'potato war': Competitors look to strike amid McDonald's french fry woes
The recent rationing of french fries by McDonald's in Japan due to a disruption of potato imports is spurring competitors to seize a bigger share of the market
Japan Times
BUSINESS
Sep 24, 2014
Firms revamp menus to tap fruit of Abe's 'womenomics' pledge
While pundits ponder whether women will answer Prime Minister Shinzo Abe's call to join the workforce, businesses are betting on an increase in demand for pizza and wine.
Japan Times
BUSINESS / Companies
Aug 12, 2014
USJ touts wizardry of Harry Potter to win Japan casino partners
As Japan edges toward legalizing gambling resorts, USJ Co. is counting on its cachet turning around its Universal Studios theme park to win a partnership with a foreign casino operator.
Japan Times
BUSINESS / Companies
Jul 11, 2014
Uniqlo parent cuts forecast again after U.S. denim fails to take off
Fast Retailing Co., Asia's biggest clothing retailer, cut its annual profit forecast for a second time this fiscal year after suffering losses at its J Brand premium denim unit in the United States.
Japan Times
JAPAN
Jul 10, 2014
Japan's massive pachinko industry bets on casinos amid popularity decline
"Welcome!" two young women in shorts and Hawaiian shirts chime over the clatter of pinballs and J-pop music at the Million pachinko parlor in the Tokyo residential area of Suginami.

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals