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July 12, 2025
 

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Miho Uranaka
Tokyo-based satellite maker Axelspace's initial public offering is expected to be approved by the Tokyo Stock Exchange later this month, people with knowledge of the matter said.
BUSINESS / Companies
May 8, 2025
Axelspace is latest Japan space startup to seek IPO, sources say
If successful, it would be the fifth such listing of a Japanese spacecraft venture over the last two years.
"In order to secure quality talent, we have to raise wages above inflation," Daiwa Securities CEO Akihiko Ogino has said.
BUSINESS / Companies
Dec 24, 2024
Daiwa aims to raise wages at least 5% next year amid competition for talent
Daiwa is discussing a pay raise of at least 5% for the financial year beginning in April 2025, after hikes of 5%, 4% and 7% in the three years prior.
Chipmaker Kioxia, formerly Toshiba Memory, is reportedly targeting a December IPO.
BUSINESS / Markets
Nov 21, 2024
Chipmaker Kioxia to receive market listing approval, sources say
Bain-backed Kioxia will have a market value of about ¥750 billion ($4.84 billion) based on the indicative price for its initial public offering.
Tokyo Metro priced its shares at ¥1,200 apiece. It is expected to list on the Tokyo Stock Exchange on Oct. 23.
BUSINESS / Companies
Oct 15, 2024
Tokyo Metro raises $2.3 bln in Japan's biggest IPO in 6 years
The subway operator priced its shares at the top of its provisional range of ¥1,100 to ¥1,200, a regulatory filing from the company showed on Tuesday.
Kioxia has undergone years of upheaval and the attempt to list the company is closely watched as a test case for buyout firms in Japan where more companies are selling non-core assets or going private.
BUSINESS / Companies
Oct 14, 2024
Bain sought $10 billion valuation for Japan's Kioxia, but investors only wanted to pay half
The valuation gap complicates the buyout firm's effort to exit its six-year-old investment in Kioxia.
Kioxia has scrapped its plan for an initial public offering in October, sources have said.
BUSINESS / Companies
Sep 24, 2024
Chipmaker Kioxia scraps IPO planned for October after market sell-off
Shares in peers Samsung Electronics, SK Hynix and Micron Technology are currently around a third lower than recent highs.
A water tower at a U.S. Steel mill in Braddock, Pennsylvania, on Wednesday
BUSINESS / Companies / ANALYSIS
Sep 7, 2024
Nippon Steel's U.S. setback a wake-up for Japan Inc.'s foreign forays
Buyers and sellers of assets were taking more time analyzing political trends and scrutinizing whether a target is in an industry that might trigger intervention.
The central and Tokyo governments, which own 100% of Tokyo Metro, expect to receive approval for the firm's listing from the Tokyo Stock Exchange as soon as mid-September, sources said.
BUSINESS / Companies
Aug 19, 2024
$4.7 billion valuation for Tokyo Metro targeted in IPO, sources say
Tokyo Metro could have Japan's biggest initial public offering in roughly six years.
Employees of a seafood restaurant work in their kitchen space at Tsukiji Outer Market in Tokyo. Side gigs are becoming increasingly common in Japan as companies look for flexible sources of labor while workers look to top up income in their spare time.
BUSINESS / Companies
Jun 11, 2024
Japan spot work startup Timee targets July listing, sources say
The startup, founded in 2017, is aiming for a valuation of roughly $1 billion and the joint global coordinators are Daiwa Securities and Morgan Stanley, the people said.
A prototype of the Astroscale Holdings ELSA-d in-orbit debris capture and removal craft is displayed at the company's office in Tokyo in December 2018.
BUSINESS / Companies
Apr 5, 2024
Japan space startup Astroscale aims for June listing, sources say
The 11-year-old company spoke to overseas institutional investors in March to gather feedback before making a decision on a listing.
BUSINESS / Companies
Mar 22, 2024
Seibu may sell 36-story Tokyo office building for ¥300 billion, sources say
Japan's highest value property transaction is currently the ¥436 billion sale by the government in 2022 of its stake in another Tokyo office building.
Taiwan Semiconductor Manufacturing Co.'s (TSMC) new plant in Kikuyo, Kumamoto Prefecture
BUSINESS / Companies
Mar 18, 2024
TSMC eyes advanced chip packaging capacity in Japan, sources say
Bringing its chip-on-wafer-on-substrate packaging technology — currently all in Taiwan — to Japan is one of the options the chipmaker is considering.
Toshiba and Rohm said Friday they will collaborate in the power semiconductor business, planning to spend a combined ¥388.3 billion to expand their production with one-third of the outlay covered by the industry ministry.
BUSINESS / Companies
Dec 8, 2023
Toshiba, Rohm to invest $2.7 billion to jointly produce power chips
The latest partnership is what the industry ministry has hoped for out of concerns that the country's power chip industry is too fragmented.
Daikin plans to start introducing the custom chips in high-end air conditioners from 2025 and is looking at using them in about a fifth of units by the end of the decade.
BUSINESS / Companies
Dec 1, 2023
Japan air conditioner king Daikin eyes custom chips for energy savings
Bespoke silicon costs more than off-the-shelf alternatives but offer better efficiency and allow a reduction in the use of other components.
Toyota Motor, Toyota Industries and Aisin are planning to sell Denso shares worth a total of about ¥700 billion, sources said, which would be the second-biggest such share offering in Japan this year.
BUSINESS / Companies
Nov 29, 2023
Toyota plans $4.7 billion sale of Denso stake as EV pivot looms
The sale of shares in Denso would mark the latest step by the automaker to cash in on stakes in affiliates as it ramps up production of electric vehicles.
A structure of the Arctic LNG 2 joint venture is seen under construction near the settlement of Belokamenka, Murmansk region, Russia, in July last year
BUSINESS
Nov 7, 2023
U.S. sanctions on Russia LNG won't harm supplies, minister says
The industry minister said that Japan will ensure its energy supplies are not affected by U.S. sanctions on a Russian project in which it has a stake.
Kokusai Electric's technology and manufacturing center in the city of Toyama
BUSINESS / Companies
Oct 25, 2023
Kokusai Electric shares jump 28% in Tokyo debut
The stock closed at ¥2,350, valuing the company at ¥541.5 billion as investors grabbed shares following the IPO.
Powerchip Semiconductor Manufacturing Corp.'s Japanese office in Tokyo
BUSINESS / Tech
Oct 17, 2023
Taiwan's Powerchip considering five sites in Japan for factory
Powerchip announced in July that it was setting up a joint venture with financial firm SBI Holdings with the aim of securing government subsidies.
Fujitsu and Riken say they have developed Japan's second quantum computer.
BUSINESS / Tech
Oct 5, 2023
Fujitsu and Riken develop Japan's second quantum computer
The 64 qubit quantum computer from Fujitsu and state-backed Riken will be integrated with a 40 qubit quantum computer simulator.
Osaka Organic Chemical Industry President Masayuki Ando talks about their strategy at the company office in Tokyo on Tuesday.
BUSINESS
Jul 26, 2023
Japanese chemicals company sees potential niche in EUV chipmaking materials
Little known even in its home country, Osaka Organic has carved out a critical niche in the semiconductor industry by supplying companies that make photoresists.
Tokyo hit by torrential rainfall at rush hour
People line up at Shibuya Station in Tokyo as they try to avoid the heavy rain on Thursday.
Foreign drivers in Japan to face tougher license conversion rules from October
According to the National Police Agency, there were 75,905 people who converted their foreign driver’s license to a Japanese one in 2024, up from 48,885 in 2019.
Chinese fighters came within 30 meters of Japanese spy aircraft, Tokyo says
A Chinese JH-7 fighter jet makes an near an Air Self-Defense Force YS-11EB surveillance aircraft over the East China Sea this week in this image released Thursday.
Air India crash report to offer peek into last seconds
Members of the Indian Army's engineering arm prepare to remove the wreckage of an Air India aircraft in Ahmedabad on June 14.
What Japanese politics could look like after Upper House election
Prime Minister Shigeru Ishiba, who heads the ruling Liberal Democratic Party (center) waves to attendees as he departs after delivering a campaign speech in Yokohama on Sunday.
New IG Arena set to dial down temperature at Nagoya Basho, in a good way
With IG Arena getting glowing early reviews as the Nagoya Basho’s replacement venue, it may be a while before fans wax nostalgic about the Aichi Prefectural Gymnasium.
Once a niche, anime is now mainstream content for Netflix and other streaming services
Though Netflix remains the dominant choice globally for anime viewers, Amazon Prime Video has also invested heavily in anime, steadily adding titles to their catalogue.
NGOs condemn rise in anti-immigrant rhetoric ahead of Upper House vote
Sanseito head Sohei Kamiya holds a board that reads "Japanese First" in Tokyo on July 2. In a joint statement on Tuesday, eight human rights nongovernmental organizations described the far-right party's stance as "hate speech."
Japanese dancers find a home abroad at Houston Ballet
“Giselle” lead Yuriko Kajiya (center), performing with Connor Walsh as Albrecht, is one of six Japanese dancers at Houston Ballet.
From the Abes to the Ohtanis: How siblings shape athletic development
Olympic judoka Uta Abe (second from left) and Hifumi Abe (second from right) with their brother Yuichiro (center) and their parents. “I’m always consciously trying to be a good older brother,” Yuichiro said.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

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