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BUSINESS
Mar 21, 2020

Tax agency bureaus in Japan on high alert for rise in consumption tax fraud

Tax authorities are preparing to act against a possible increase in abuses of a rule that exempts export transactions from sales levies following October's consumption tax hike from 8 percent to 10 percent.
BUSINESS
Feb 4, 2020

At least 400,000 Chinese travelers expected to cancel trips to Japan by end of March

In another demonstration of the effect the virus is having on tourism, Japanese department store operators saw duty free sales slump during the key Lunar New Year holiday.
Japan Times
BUSINESS
Feb 4, 2020

China plant-closing cascade may cost automakers 1.7 million cars

Forget about clinging to hopes that China, the world's largest car market, will recover from its unprecedented two-year slump anytime soon.
Japan Times
BUSINESS
Jan 24, 2020

Core consumer inflation ticked up in December, but remained far short of BOJ's 2% target

Core consumer prices rose in December from a year earlier, government data showed on Friday, climbing from the previous month, but inflation was still well short of the Bank of Japan's elusive 2 percent target.
EDITORIALS
Dec 24, 2019

Amakudari and Japan Post Holdings

The government needs to probe whether a recent bureaucratic leak is part of a broader and deeper collusion.
BUSINESS / Companies
Nov 21, 2019

Japan Post to resume marketing of savings products after suspension due to irregularities

Japan Post Co. said Wednesday that it will resume marketing activities for savings products offered by Japan Post Bank Co. on Monday, following a suspension due to sales irregularities involving Japan Post Insurance Co.
Japan Times
BUSINESS / Economy
Nov 14, 2019

Japan's economy grinds to near standstill as U.S.-China trade war bites

Private consumption cooled from the previous quarter, casting doubt on the Bank of Japan's view that demand will offset the impact from intensifying global risks.
Japan Times
BUSINESS / Companies
Nov 6, 2019

Asahi to again slash full-year forecast as overseas push leaves brewer vulnerable

Asahi Group Holdings Ltd. lowered its annual sales and profit forecast again as its $22 billion push into overseas markets makes Japan's largest brewer more vulnerable to currency swings.
Japan Times
JAPAN / Media / BIG IN JAPAN
Oct 26, 2019

The mysterious case of Japan's vanishing bookstores

Decades of writing a column about the country's media industry has imparted me with a strong sense of familiarity with media personalities, companies, publications and sales channels. When they expire, it often hits me hard.
BUSINESS
Sep 30, 2019

Japan Post CEO vows to restore trust in wake of insurance scandal

Japan Post Holdings Co.'s top executive vowed Monday to restore public trust after thousands of customers were missold insurance policies.
Japan Times
JAPAN / Media / MEDIA MIX
Sep 21, 2019

Confusion reigns over scope of the forthcoming tax hike

When the government raised the consumption tax from 5 percent to 8 percent in April 2014, Japan suffered a recession. One possible indicator if such a downturn will happen prior to next month's long-delayed hike to 10 percent is how much people are spending now in anticipation of the increase. On Sept....
Japan Times
BUSINESS
Sep 4, 2019

Walmart to stop selling ammo for handguns and assault-style weapons

Walmart Inc. said on Tuesday it would discontinue sales of ammunition for handguns and some assault-style rifles in stores across the United States, in response to the recent mass shootings in Texas and Ohio.
EDITORIALS
Aug 9, 2019

Address growing problem at Japan Post group

As the top shareholder, the government should look into the group's scandal and explore ways to fix its problems.
Japan Times
BUSINESS / Companies
Jul 11, 2019

Toyota to build new SUV rather than Corolla at Alabama plant

Toyota Motor Corp. said Wednesday it will build a new sport utility vehicle at a $1.6 billion joint venture assembly plant in Alabama rather than produce Corolla cars.
BUSINESS / Companies / ANALYSIS
May 29, 2019

Huawei's trouble with U.S. ban could impact Japan's smartphone market and suppliers

As the world watches to see if Huawei survives the ongoing turmoil stemming from the U.S.-China trade war, its wider effects could impact Japanese suppliers.
Japan Times
BUSINESS / Companies
May 27, 2019

Fiat Chrysler proposes operational tie-up with Renault SA

In a deal that would create the world's third-biggest carmaker Fiat Chrysler Automobiles NV on Monday proposed a merger with Renault SA.
Japan Times
BUSINESS / Companies
May 24, 2019

Citing weakening profitability, lower margins, Moody's downgrades Nissan's credit rating to A3

Nissan Motor Co.’s credit rating was cut a notch by Moody’s Investors Service, which cited the automaker’s weakening profitability and margins over the past two years.
Japan Times
JAPAN / EXPLAINER
Dec 3, 2018

Japan hesitantly moves toward a cashless society

Taking out a wallet loaded with cash, receipts and loyalty cards and searching for coins in front of a cashier is a familiar scene at stores in Japan.
Japan Times
BUSINESS / Companies
Nov 16, 2018

Toyota gives top-selling Corolla a new look as it increases efforts in China

For Toyota Motor Corp., China wasn't always the first pit stop when it came to unveiling key car models. But this time, it's different.
Japan Times
BUSINESS / Companies / IDEAS IN ACTION
Nov 15, 2018

Despite ups and downs, designer and former teacher Kenji Suzuki is making pedal-powered Cogy wheelchairs a reality

While career success has taken him from elementary school teaching to the head of Tess Co., Kenji Suzuki's life has not always been easy or straightforward.
Japan Times
BUSINESS / Companies
Oct 30, 2018

Sony boosts outlook as PlayStation heads for record year

Sony Corp. upgraded its earnings outlook for a second straight quarter, thanks to a plethora of hit video-game titles that are boosting the PlayStation business.
BUSINESS
Oct 18, 2018

Growth in China's robot market to slump this year amid trade war

Sales of industrial robots in China, the world's biggest market, will grow this year at only about a third the pace seen last year as an escalating Sino-U.S. trade war hits spending on equipment, a global robot group said on Thursday.
Japan Times
BUSINESS / Companies / Taking the Lead
Oct 10, 2018

Jins' new vision: Glasses as wearable smart devices

When he senses a business opportunity, Hitoshi Tanaka bets big and does everything he can do to make sure the initiative bears fruit.
Japan Times
JAPAN
Oct 10, 2018

The sweet truths of beloved ice cream's signature crunch

Morinaga & Co. Ltd.'s Choco Monaka Jumbo ice cream is Japan's top-selling ice cream, with one bar sold every 0.17 seconds or so. With that level of popularity, it is a ubiquitous, yet unique, ice cream thanks to certain secrets that prevent other manufacturers from copying it.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami