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November 11, 2025
 

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Tsuyoshi Maruki, president of Strategic Capital, speaks online on Thursday after three of six candidates proposed by the firm for Daidoh's board positions secured a seat.
BUSINESS / Companies
Jun 28, 2024

Activist fund in Japan wins Daidoh board seats in rare victory

Daidoh's stock has more than tripled since activist fund Strategic Capital built a stake in the firm in November 2022.
In a recently released report, a U.N. group has urged Japanese companies to draw up policies vowing to fulfill their responsibility in protecting human rights.
BUSINESS
Jun 29, 2024

U.N. voices concern over rights violations in Japan workplaces

While noting "important advancements" on the issue, a report expressed concerns about difficulties in addressing deeply embedded harmful gender and social norms.
The number of construction workers in Japan stood at 4.83 million in 2023, down by more than 2 million from the peak of 6.85 million in 1997.
BUSINESS / Companies
Jul 1, 2024

Amid labor shortages, Japanese builders urged to improve conditions

The government is advocating wage increases and the full implementation of a five-day workweek.
As interest rates rise, the Bank of Japan will have to pay more on deposits, resulting in a mismatch between what it pays out and how much it receives on bonds it holds.
BUSINESS / Economy / FOCUS
Jul 2, 2024

The Bank of Japan’s $3 trillion problem

As interest rates rise and the deposits it holds become far more expensive, the central bank could end up becoming unprofitable.
Renesas Electronics CEO Hidetoshi Shibata
BUSINESS / Companies
Jul 3, 2024

Ex-banker behind chipmaker Renesas targets $100 billion value

Renesas’ push coincides with an aggressive campaign by Japan to turn the world’s fourth-largest economy into a chip powerhouse.
MUFG has been seeking to build its presence in India, and has been involved in negotiations for a minority stake in HDFC Bank’s consumer lending unit.
BUSINESS
Jul 3, 2024

MUFG's talks for stake in India consumer lender said to hit snag

MUFG has been seeking to build its presence in India.
Restaurant chains such as Yoshinoya rely on U.S. beef imports. The price surge has led to Yoshinoya's parent company looking into developing new dishes using ingredients other than beef.
BUSINESS / Economy
Jul 4, 2024

Soaring prices make U.S. beef procurement hard in Japan

The yen's recent sharp depreciation compounds the problems of reduced supply and strong demand for American beef in other countries.
An LG Energy Solution battery pack for an electric vehicle using cell-to-pack technologies displayed at the InterBattery exhibition in Seoul on March 6
BUSINESS / Tech
Jul 4, 2024

LG sees battery breakthrough by 2028 that has eluded Tesla

It aims to commercialize the dry-coating technology for making electrodes that can allow savings on energy, equipment costs and space.
The weakness of the yen is posing a big problem for small and midsize businesses. As for desired exchange rates, 69.5％ said they want the yen trading between ¥110 and ¥135 to the dollar.
BUSINESS / Companies
Jul 4, 2024

Weak yen inflicts major damage to small and midsize businesses, survey says

While some larger, export driven companies have benefited from the weak currency, smaller firms are struggling to adjust.
Financial groups will sell Honda Motor shares worth ¥535 billion to unwind cross-shareholdings, according to a regulatory filing.
BUSINESS
Jul 4, 2024

Insurers and banks to sell Honda shares worth $3.3 billion, filing shows

The move offers a sign that the unwinding of cross-shareholdings is catching pace in Japan.
The PayPay app had about 60 million registered users as of October.
BUSINESS / Companies
Jul 8, 2024

SoftBank group firm PayPay Securities aims to double accounts

The company has been in the red since February 2021, with a net loss of ¥4.6 billion ($29 million) for the 2023 fiscal year.
British Prime Minister Keir Starmer and his wife, Victoria Starmer, greet Labour campaigners and activists at No. 10 Downing Street, following the results of the election in London on Friday.
BUSINESS / Markets
Jul 8, 2024

Investors put U.K. election winner Labour on credibility watch

U.K. markets that have struggled since 2016's Brexit vote and the chaos wreaked by former Prime Minister Liz Truss' 2022 mini-budget.
An MUFG Bank employee allegedly leaked insider information to relatives about a client company.
BUSINESS / Companies
Jul 9, 2024

MUFG bank worker suspected of leaking undisclosed client info

The securities market watchdog suspects the employee of violating financial laws by giving relatives undisclosed information about a client company.
Nintendo is among the big name companies in which Kyoto Financial Group has cross-held shares.
BUSINESS / Companies
Jul 9, 2024

Kyoto bank defies call to unwind holdings after $6-billion gain

Kyoto Financial Group has amassed unrealized profits of more than $6 billion on holdings in other firms.
A monitor in Tokyo shows the yen strengthening to the ¥157 range against the dollar late Thursday evening.
BUSINESS / Markets
Jul 12, 2024

Japan likely spent $22 billion on yen intervention Thursday

Japan’s currency firmed from around ¥161.58 against the dollar to ¥157.44 in little more than half an hour.
Sharp is soliciting applicants for an early retirement program at Sakai Display Products.
BUSINESS / Companies
Jul 13, 2024

Japan's Sharp to shed 500 jobs at Osaka plant via early retirement

The plant, run by wholly owned subsidiary Sakai Display Products, is set to discontinue production of large liquid crystal panels for television sets.
Keisuke Mukunashi, CEO of Yamaguchi Financial Group, says the regional bank is ready to pay compensation comparable to that of Japan’s biggest banks.
BUSINESS / Companies
Jul 14, 2024

Regional Japan lender dangles megabank pay for market hires

Competition among financial institutions to hire bond traders and other specialists is intensifying as the Bank of Japan nudges interest rates higher.
Workers assemble a car inside BYD's first electric vehicle factory in Southeast Asia in Rayong, Thailand, on July 4.
BUSINESS / Economy
Jul 15, 2024

Thai economy faces upheaval due to factory closures

Scores of companies are shuttering in Thailand, which is bearing the brunt of cheap imports from China and factors including rising energy prices and an aging workforce.
Yuki Kusumi, CEO of Panasonic Holdings, during an interview in Tokyo last week
BUSINESS / Companies
Jul 16, 2024

Panasonic managers need ‘sense of crisis’ over low profitability, says CEO

The comments are unusually harsh in Japan, and especially at Panasonic, where the notion of lifetime employment was embraced for years.
The production plant of GCL Technology in Xuzhou, Jiangsu province, China, on July 2
BUSINESS / Economy
Jul 16, 2024

Xi Jinping’s great economic rewiring is cushioning China’s slowdown

Tech advances and a resulting export boom have helped to keep economic growth within reach of its targeted pace of around 5%.
An employee checks on items at a Komehyo store in Nagoya.
BUSINESS / Companies
Jul 16, 2024

Thrift store operator Komehyo pushing to expand business overseas

The company hopes to become the world's top retailer of secondhand luxury brand items by tripling its overseas sales in four years.
Britain's Business, Energy and Industrial Strategy Secretary Jonathan Reynolds leaves at the end of a cabinet meeting at 10 Downing Street in London on July 9.
BUSINESS
Jul 17, 2024

New British trade minister optimistic EU trade barriers can be eased

While the newly elected Labour Party has pledged not to reopen the U.K.'s Brexit deal, it is aiming for a new agreement to reduce border checks on animal products.
Diaper products for babies and adults are displayed at a factory of Daio Paper's subsidiary Elleair in Fujinomiya, Shizuoka Prefecture, in June.
BUSINESS / Companies
Jul 17, 2024

Japan's diaper-makers look to adult market for revenue as births fall

Japan's population is likely to decline by about 30% to 87 million by 2070, with 4 people in every 10 at the age of 65 or more, estimates show.
Mizuho Securities is starting a fund to create opportunities for third-party investment into Japan's animation film sector that has created globally popular works such as "Demon Slayer."
BUSINESS / Companies
Jul 17, 2024

Mizuho fund to invest in Japan’s popular but cash-needing anime scene

For investors, Mizuho's fund will be an opportunity to park their money in a sector famous for works like "Demon Slayer."
A man walks past a store of luxury brand Burberry at a shopping mall in Beijing in 2021.
BUSINESS / Markets
Jul 17, 2024

Luxury brands feel the sting as Chinese growth slows

China accounted for 16% of $393.8 billion of global luxury spending last year, but the economy grew slower than expected in the last quarter.
Sanyo Shokai sells custom-ordered T-shirts from Spanish clothing brand Ecoalf using digital printing technology.
BUSINESS / Companies
Jul 18, 2024

Digital printing of clothes drawing attention in Japan

The process allows for small-quantity production and caters to customers' tastes more precisely.
U.S. pressure to slow Beijing’s advances in making semiconductors led the Netherlands to ban exports to China of ASML’s second-most advanced category of machinery at the start of the year. But ASML continues to service machines that were bought before the restrictions were in place.
BUSINESS / Companies
Jul 18, 2024

ASML falls as outlook clouded by risk of U.S. export curbs

ASML shares plunged 11% in Amsterdam on Wednesday to €870.90 ($952), wiping out €42.7 billion of market value — its biggest decline since March 2020.
Tools at an exploration site run by KoBold Metals in Chililabombwe, Zambia, on June 11. A complex AI-driven technology that data crunchers at KoBold Metals painstakingly built over years helped identify a copper bonanza deep below a site in Zambia, and the company’s process could radically transform the discovery of metal and mineral deposits critical not only to the tech industry but to the fight against climate change.
BUSINESS / Tech
Jul 18, 2024

AI joins search for needed metals just in time

KoBold’s find comes as the United States and China are increasingly clashing over global access to minerals.
The Nishiki market in Kyoto. June’s inflation report shows extraordinary jumps in the prices of some items favored by households, including cabbage (27.6%), potatoes (28.5%) and tomatoes (15.6%).
BUSINESS / Economy
Jul 19, 2024

Households struggle as Japan’s inflation rises near U.S. levels

Consumer prices in Japan rose 2.8% on the year in June, close to the 3.0% in the United States.
The 2024 presidential race throws another curveball at the markets with U.S. President Joe Biden dropping out of the race.
BUSINESS / Markets
Jul 22, 2024

How investors are reacting to Biden dropping reelection bid

Many investors are waiting to see who the new Democratic nominee will be, with some uncomfortable about the uncertainty.
Tsunami threat passes following magnitude 6.9 quake off Iwate
A tsunami advisory was issued for Iwate Prefecture on Sunday evening following a strong earthquake. The advisory was later called off, after waves measuring 20 centimeters were recorded in some areas.
Japan to subsidize demolition of abandoned inns
Abandoned Japanese-style inns in the Kinugawa hot springs resort in Nikko, Tochigi Prefecture, in March 2023
Japan’s bears have been on their killing spree for more than 100 years
Bear attacks have dominated Japanese news headlines in recent months, with 13 people so far having been killed by the animals.
Takaichi stands firm on controversial Taiwan contingency remarks
Prime Minister Sanae Takaichi responds to questions during a session of the House of Representatives' Budget Committee in parliament in Tokyo on Monday.
From France to Mali, a deportee's struggle far from home
Moussa Sacko, a Malian deported from France — where he had lived since he was a young child — stands on a street in Bamako, Mali, in December. Compared with his home in France, Bamako feels like a different planet, Sacko said.
Jenson Button brings end to an illustrious racing career intertwined with Japan
Jenson Button races for Honda during the Singapore Grand Prix in September 2008.
Cleanliness gets competitive at Tokyo’s Spogomi world cup
On Oct. 29, teams from 33 qualifying countries scoured the streets of Shibuya for all manners of trash as part of the Spogomi litter-picking competition.
Jon Homewood: ‘There’s beauty in what we throw away’
After a peripatetic childhood around the world, teacher and artist Jon Homewood ended up coming to Japan in 2012 for a professional opportunity.
Yokozuna duo Onosato and Hoshoryu poised for another clash of titans
Yokozuna duo Onosato (right) and Hoshoryu clash for the title on the final day of the Autumn Grand Sumo Tournament on Sept. 28 at Ryogoku Kokugikan.
High-speed rail is expensive and difficult, but seen as a key to growth
Achal Khare, former managing director at India’s National High Speed Rail Corporation, gives a presentation during the IHRA Forum 2025 in Tokyo on Oct. 23.

Podcast

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

Longform

Bear attacks have dominated Japanese news headlines in recent months, with 13 people so far having been killed by the animals.
Japan’s bears have been on their killing spree for more than 100 years
By Yukana Inoue

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