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April 25, 2024
 

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Reed Stevenson
For Reed Stevenson's latest contributions to The Japan Times, see below:
Speculation has been swirling for months over the fate of Ito-Yokado, which was Seven & I's original retail franchise before it bought 7-Eleven and turned it into a large, successful business.
BUSINESS / Companies
Apr 10, 2024
Seven & I set to split 7-Eleven from original Ito-Yokado stores
Ito-Yokado was the company’s original franchise before it bought 7-Eleven and turned it into a successful business.
Japan Times
BUSINESS / Companies
Jul 13, 2023
Sapporo Holdings to shutter century-old San Francisco brewer Anchor Brewing
Sapporo bought the maker of Anchor Steam beer to gain a foothold in the U.S. craft-beer market and make up for declining domestic consumption but has failed to turn its fortunes around.
Japan Times
BUSINESS / Companies
Jun 13, 2023
Toyota sets out the tech it says will equip it to sell millions of EVs
Comments and hours of presentations at a technology briefing contrasted with years of Toyota executives speaking cautiously about how quickly car buyers will be ready to go all-electric.
Japan Times
BUSINESS / Companies
May 25, 2023
Panasonic says Japanese carmakers are showing interest in its batteries
The Osaka-based company, which supplies batteries to Tesla, said last week that it aims to boost production to 200 gigawatt-hours by March 2031.
Japan Times
BUSINESS
Mar 10, 2023
Japan Airlines scraps promo discounted fares after demand crashes website
The abandoned campaign is a marketing setback just as demand for travel picks up, with downgrading of COVID-19.
Japan Times
BUSINESS / Companies / FOCUS
Feb 7, 2023
Carlos Ghosn’s carmaking dreams disappear with Renault-Nissan revamp
The workaholic Brazilian-Lebanese executive, who spent much of his time jetting between the carmakers’ headquarters and factories, was the glue holding together the firms' alliance.
Japan Times
BUSINESS
Jan 16, 2023
Japanese CEOs facing inflation are talking more about merit-based pay
On one hand, such talk can be seen as a sign of corporate Japan casting aside the remains of a compensation system based on across-the-board rewards and seniority.
Japan Times
BUSINESS / Companies
Jan 11, 2023
Fujitsu to divest entire ¥140 billion stake in air-conditioning unit
The firm, which in its heyday made everything from supercomputers to chips, has hived off much of its consumer product lineup to focus on communications and information technology systems.
Japan Times
BUSINESS
Nov 27, 2022
The humiliating fall of Nidec billionaire's handpicked successor
The story of Jun Seki's time at the company is a cautionary tale of the risks of taking over from a self-made titan who finds it near-impossible to pass the reins.
Japan Times
BUSINESS / Companies
Nov 15, 2022
Toyota to unveil new Prius as hybrids lose luster to battery EVs
Even though the gas-sipping hatchback paved the way for Teslas and other fully electric vehicles, it's the less-hip option these days.
Japan Times
JAPAN / Crime & Legal
Nov 5, 2022
Americans who helped Carlos Ghosn escape Japan are sent back to U.S.
The father and son sentenced to serve time in a Japanese prison for smuggling Carlos Ghosn out of the country were transferred to the U.S. a week ago.
Japan Times
BUSINESS / Companies
Jul 5, 2022
Knauf bid for Chiyoda Ute a rare example of foreign takeover success
The secret behind the deal? Seven years, a lot of conversations and plenty of patience.
Japan Times
BUSINESS
May 23, 2022
‘They’re just numbers,’ Indeed owner’s CEO says of record profit
Even as profit climbs, Recruit's embrace of human-resources technology has made it much more of a tech company, and exposed to the sector's corresponding gyrations in stock prices.
Japan Times
BUSINESS
Apr 22, 2022
Renault exploring sale of Nissan stocks to fund EV shift, sources say
Nissan itself may be willing to buy some of the 1.83 billion shares in the Japanese automaker that Renault owns.
Japan Times
BUSINESS / Companies
Apr 14, 2022
Nikon looks beyond cameras to reinvent itself as tech supplier
The manufacturer almost single-handedly brought accessible high-quality cameras to the masses but the rise of smartphones and more advanced chipmaking tech has taken its toll on revenue.
Japan Times
BUSINESS
Mar 14, 2022
The world’s biggest air-conditioning company braces for a hotter future
Daikin is pouring billions of dollars into research and development, looking to build on technological breakthroughs that could make its machines more efficient.
Japan Times
BUSINESS / Companies
Feb 4, 2022
Hyundai jumps back into Japan with an online-only, all-electric plan
The last time Hyundai sold a car in Japan was in 2009, when it pulled out after years of dismal sales.
Japan Times
BUSINESS / Companies
Jan 23, 2022
Hitachi’s ¥2 trillion divestment drive kept activists at bay
Since taking over, CEO Toshiaki Higashihara is credited with transforming Hitachi, once the country's biggest loss-maker, into a profitable enterprise without outside intervention.
Japan Times
BUSINESS / FOCUS
Nov 20, 2021
The lawyers who helped build — and bring down — Carlos Ghosn
A small clutch of attorneys from Latham & Watkins advised Nissan for years on how to compensate its then chairman and CEO. They were then enlisted to investigate the fallen auto titan.
Japan Times
BUSINESS / Companies
Oct 27, 2021
Alleged Ghosn accomplice Greg Kelly maintains innocence on last day of trial
Kelly, 65, was arrested the same day as Ghosn in November 2018 and has been in Japan ever since, seeking to prove his innocence in a trial that started a year ago.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Over 40% of Japan's municipalities at risk of vanishing, study finds
Of 1,729 local municipalities nationwide, 744 have been identified as being at risk of disappearing.
Tokyo issues strong warning on yen intervention as currency dips further
Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok on the sidelines of IMF and G20 meetings in Washington last week.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
Japan's former PM Aso meets Trump for talks on security and economy
Former U.S. President Donald Trump and Taro Aso, vice president of Japan's ruling Liberal Democratic Party, in New York on Tuesday. The Japanese government’s top spokesman on Wednesday played down the meeting as one conducted "in the capacity of one lawmaker" and “without the government’s involvement.”
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.

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

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

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