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July 12, 2025
 

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A 7-Eleven convenience store, operated by Seven & I Holdings, in Tokyo
BUSINESS / Companies
Aug 19, 2024

Couche-Tard bids for $31 billion Japanese retailer Seven & I

If realized, Canadian convenience-store operator Alimentation Couche-Tard's move would be the largest-ever foreign takeover of a Japanese company.
The departure of the head of Apple's App Store comes as the division is being split into two teams: one overseeing Apple’s own store and another responsible for alternative app distribution.
BUSINESS / Companies
Aug 22, 2024

Apple’s App Store head to leave in reorganization amid global scrutiny

Matt Fischer, a vice president who has run the App Store business since 2010, will leave the iPhone maker in October.
A Canadian retailer's bid to buy the operator of 7-Eleven convenience stores follows the introduction last year of government guidelines on mergers and acquisitions instructing companies to seriously consider takeover offers.
BUSINESS / Companies / ANALYSIS
Aug 27, 2024

Seven & I takeover proposal tests Japan’s evolving investor-friendly stance

The proposed purchase of the convenience store operator follows government guidelines instructing companies to seriously consider takeover offers.
A Couche-Tard convenience store in Montreal. Canadian retailer Alimentation Couche-Tard has made a preliminary non-binding proposal to buy 7-Eleven owner Seven & I Holdings.
BUSINESS / Companies
Aug 27, 2024

Couche-Tard might finance Seven & I takeover with debt

A leveraged acquisition would be feasible because of the Japanese company's strong cash flow, people familiar with the Canadian retailer’s thinking said.
Shohei Ohtani walks through the dugout with his dog Decoy before the Dodgers' game against the Orioles at Dodger Stadium on Wednesday.
BASEBALL / MLB
Aug 29, 2024

Shohei Ohtani signs exclusive trading card deal with Topps

Ohtani has had a nonexclusive relationship with Topps since 2018.
East Japan Railway plans to run driverless shinkansen by the mid-2030s.
BUSINESS / Tech
Sep 11, 2024

JR East unveils plans for driverless shinkansen by mid-2030s

The company said it first aims to realize driverless operations for the Joetsu Shinkansen line between Niigata and Tokyo stations.
The Mountain Pass mine, operated by MP Materials in California, is the only rare earths mine in the United States.
BUSINESS / Economy
Sep 17, 2024

China’s grip on rare earths undercuts projects from U.S. to Japan

Japan's experience reducing its dependence on China shows that rare earths projects take longer and are more expensive than initially expected.
Ambulances and a crowd of people gather at the entrance of the American University of Beirut Medical Center on Tuesday after explosions hit locations in several Hezbollah strongholds around Lebanon.
WORLD
Sep 18, 2024

Israel planted explosives in 5,000 Hezbollah's pagers, sources say

The operation was an unprecedented Hezbollah security breach that saw thousands of pagers detonate across Lebanon, killing nine people and wounding nearly 3,000 others.
Kioxia Holdings was reportedly planning an initial public offering in October valuing it at $10 billion.
BUSINESS / Companies
Sep 25, 2024

Kioxia reportedly pulls IPO as AI winter looms

The IPO delay comes as the chip business globally faces a number of challenges related to possible overcapacity in some products.
The Nintendo Museum opens to the public on Oct. 2, but unlike the company's all-ages games, the new attraction may be geared more toward older rather than younger gamers.
LIFE / Travel
Sep 25, 2024

A first look inside the new Nintendo Museum

Set to open on Oct. 2, the gaming giant's newest foray into real-world experiences shows flashes of the same creativity that made the company what it is today.
U.K. Prime Minister Keir Starmer's special adviser on business, Varun Chandra, used to run Hakluyt, a consultancy that does not disclose its clients.
WORLD / Politics
Sep 27, 2024

Starmer’s ‘business whisperer’ brings connections and complications from past

Varun Chandra‘s previous role in charge of a secretive consultancy introduces a complexity to a government that’s vowed to rebuild trust in public institutions.
Tokyo Metro is seeking to raise at least ¥319.6 billion at a time when the nation’s equity market is showing signs of recovery.
BUSINESS / Companies
Oct 8, 2024

Tokyo Metro unveils range for biggest Japan IPO since 2018

The price range of ¥1,100 to ¥1,200 values the subway operator at between ¥639.1 billion and ¥697.2 billion.
Attendees stand in front of the Google Play booth during the Tokyo Game Show in September 2018 in Chiba.
BUSINESS / Companies
Oct 8, 2024

Google Play must allow rival Android app stores, judge rules

Epic Games argued that Google Play rules and fees stifled competition and blocked app marketplaces launched by developers.
Seven & I had been under pressure from activists and other investors for years to narrow its focus on its crown jewel: 7-Eleven and other convenience stores.
BUSINESS / Companies
Oct 10, 2024

Seven & I to embrace 7-Eleven name as it sheds noncore businesses

The plans accelerate restructuring efforts in the face of an unsolicited ¥7 trillion takeover proposal from Alimentation Couche-Tard.
Seven & I Holdings essentially unveiled a plan to split in two.
BUSINESS / Companies
Oct 11, 2024

Seven & I to split in two to fend off Couche-Tard takeover bid

The big question is if the move will be enough to win over any investors warming to Couche-Tard’s approach.
Thursday night's electronic dance music-infused event had the signature trappings of Elon Musk's salesmanship, but some Tesla investors and experts said they were hoping for more concrete details.
BUSINESS / Tech
Oct 12, 2024

Tesla's robotaxi event was long on Musk promises. Investors wanted more details.

Concrete details on how the company plans to transform from an automaker into an autonomous driving and artificial intelligence titan were missing.
The success of Seven & I's major restructuring plan depends on the retailer's ability to roll out a new store format in Japan, and improve profit margins overseas, analysts say.
BUSINESS / Companies / ANALYSIS
Oct 15, 2024

7-Eleven's turnaround plan requires heavy lifting to stop takeover bid

Much depends on the retailer's ability to roll out a new store format in Japan and improve profit margins overseas.
Pagers on display at a meeting room at the Gold Apollo company building in New Taipei City, Taiwan, on Sept. 18
WORLD
Oct 17, 2024

How Hezbollah came to possess bulky pagers with concealed explosives

The pager attack, and a second on the following day that activated weaponized walkie-talkies, killed 39 people and wounded more than 3,400.
The Hong Kong skyline on Jan. 3, 2022. In 2018, Hong Kong received a record 65 million tourists. In 2023, it welcomed a little more than half that.
BUSINESS
Oct 17, 2024

Tourism has rebounded worldwide but not in Hong Kong.

The rebound of international travel to the city continues to lag far behind the tourist activity reported at most other Asian destinations.
Ticket vending machines at a Tokyo Metro subway station. Tokyo Metro's network connects with nine of the 10 busiest stations in the capital.
BUSINESS / Companies
Oct 22, 2024

Tokyo Metro might be too much railroad for some investors

With over 80% of its operating profit coming from carrying passengers on trains, critics are concerned about its nonrailway business.
Taiwan Semiconductor Manufacturing Company notified the U.S. that one of its chips had been found in a Huawei product, revealing a possible violation of export restrictions on the Chinese company.
BUSINESS / Tech
Oct 23, 2024

TSMC told U.S. of chip in Huawei product after TechInsights finding, source says

The revelation could show how difficult enforcing export controls can be for both companies making highly desired products and regulators.
Flames leap out of an oven where rare-earth-based chemicals are roasted for more than 20 hours, in Changshu, China.
BUSINESS / Tech
Oct 27, 2024

China tightens its hold on minerals needed to make computer chips

The country already produces nearly all the world’s supply of these materials. The new restrictions solidify that market dominance.
Kunihiro Tanaka, CEO of Sakura Internet, says the firm's data center under construction in Hokkaido will likely be fully booked by the time it comes online in three years.
BUSINESS / Companies
Oct 31, 2024

Sakura Internet loads up on Nvidia gear for data center project

Sakura’s current capacity is now fully booked, with a waiting list that extends for years.
People demonstrate in Sydney in March 2021 in response to the treatment of women in politics as part of the Women's March 4 Justice, a series of protest events.
COMMENTARY / World
Nov 8, 2024

Entrenched sexism is very Australian. Let’s uproot it

Australia, despite its progressive history on women’s rights and high levels of female education, is slipping in global gender gap rankings.
U.S. President Joe Biden announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus, in Chandler, Arizona, in March.
BUSINESS / Tech / FOCUS
Nov 9, 2024

Trump’s win sets off race to complete chip subsidy deals

The Biden administration is aiming to shore up one of its signature initiatives before President-elect Donald Trump enters the White House.
Nippon Steel Chairman and CEO Eiji Hashimoto told a local weekly that a lawsuit is possible if the company's proposed buyout of U.S. Steel gets blocked without proper procedures being followed.
BUSINESS / Companies
Nov 13, 2024

Nippon Steel does not rule out lawsuit if U.S. Steel deal nixed, CEO says

If the deal falls through without a legitimate reason or proper procedures, the Japanese steelmaker would consider suing the U.S. government, CEO Eiji Hashimoto says.
A poster in the Tamil language advertises smartphone assembly roles outside a shop in Sriperumbudur, near Chennai, in India, on Oct. 28.
BUSINESS / Companies
Nov 18, 2024

Foxconn tells India recruiters: Nix marital status in iPhone job ads

The move follows an investigation published June 25 that found Foxconn excluded married women from jobs at its main India iPhone assembly plant.
Funding for the proposed buyout of Japan's Seven & i Holdings by its founding family will be finalized by the end of December, sources say.
BUSINESS / Companies
Nov 21, 2024

Seven & I buyout funding to be finalized by next month, sources say

The retailer is caught in a three-way tug-of-war between a foreign suitor, its founding family and company management.
Howard Lutnick, Chairman and CEO of Cantor Fitzgerald, gestures as he speaks during a rally for then-Republican presidential nominee Donald Trump at Madison Square Garden in New York on Oct. 27.
WORLD / Politics
Nov 21, 2024

Lutnick's China ties draw fire after Trump taps him for U.S. trade roles

The ties raise questions about whether Lutnick could be unduly influenced by Beijing when making decisions as U.S. trade representative and commerce secretary.
Zoom Video Communications has failed to impress investors with its latest sales forecast, who were expecting a bigger boost from the company’s expanded suite of products. An ongoing loss of consumers and small businesses from Zoom has also concerned investors, particularly since these customers are typically higher-margin than corporate clients.
BUSINESS / Tech
Nov 26, 2024

Zoom fails to impress investors with sales forecast for expanded lineup

While Zoom’s outlook met estimates, the stock had gained about 48% since the company’s last earnings report in August on optimism about the new products.
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

SUSTAINABLE JAPAN

Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

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