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August 11, 2025
 

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While Nissan slightly raised its sales forecast late Thursday, its statement warned that its net loss could be ¥700 billion to ¥750 billion.
BUSINESS / Companies
Apr 25, 2025

Nissan sees $5.3 billion red hole as restructuring losses mount

While Nissan slightly raised its sales forecast late Thursday, its statement warned that its net loss could be ¥700 billion to ¥750 billion.
U.S. President Donald Trump, accompanied by first lady Melania Trump, stops to speak to reporters as he leaves the White House on Friday morning.
BUSINESS / Economy
Apr 26, 2025

Conflicting U.S.-China talks statements add to global trade confusion

U.S. President Donald Trump has asserted that tariff negotiations were underway with China, but Beijing has denied this is the case.
As Japan gears up for the trade talks, Prime Minister Shigeru Ishiba is also seeking to cushion the blow that the U.S. tariffs may have on the domestic economy.
BUSINESS / Economy
Apr 26, 2025

Japan to resist Trump efforts to form trade bloc against China

Any demands from Washington on Tokyo to downgrade its economic relationship with China would potentially deal Japan a major economic blow.
Toyota Chairman Akio Toyoda proposed a buyout of Toyota Industries, seeking to consolidate his grip on Japan’s biggest business empire.
BUSINESS / Companies
Apr 28, 2025

Akio Toyoda's $42 billion buyout plan raises governance question

Toyota Chairman Akio Toyoda’s bid to buy out Toyota Industries could pit him against Japan’s efforts to reform its corporate landscape.
A trader works on the floor at the New York Stock Exchange (NYSE) on Monday.
BUSINESS / Markets
Apr 29, 2025

After 100 days under Trump, investors reassess the allure of 'brand USA'

The market has seen significant rallies fueled in part by trade negotiation optimism, but investors remain concerned about the longevity and strength of any bounce-back.
Farmer Moises Schmidt shows a cocoa bean at the Schmidt Agricola plantation in Riachao das Neves, Bahia state, Brazil, on Nov. 19, 2024.
BUSINESS
Apr 29, 2025

Brazil's would-be cocoa king aims to revolutionize industry with giant farm

The farmer's $300 million plan is the largest and the most innovative in the Brazilian state of Bahia, but not the only one.
Sunset at Dudley Page Reserve, in Dover Heights, Sydney, on April 21
BUSINESS / Economy
Apr 29, 2025

Australia’s economic ‘miracle’ is ending no matter who wins vote

Polls suggest the May 3 election will be tight, with many pundits predicting the winner will lead a minority government.
Fuji Media Holdings President Osamu Kanemitsu is set to step down from his post at a general shareholders meeting in June.
BUSINESS / Companies
May 1, 2025

After scandal, Fuji Media Holdings marks major net loss for first time

The company has also announced that President Osamu Kanemitsu, who was set to become chairman, will be stepping down.
Stephen Dacus, incoming chief executive officer of Seven & I Holdings, speaks to reporters in Tokyo on April 24.
BUSINESS / Companies
May 1, 2025

Seven & I and Couche-Tard sign nondisclosure agreement

The move might signal that discussion on Couche-Tard's takeover proposal is moving forward.
While the results were better than analysts had expected, investors are focused on how tariff concerns will play out in the coming quarter.
BUSINESS / Companies
May 2, 2025

Tim Cook says unchanged U.S. tariffs could dent Apple’s next-quarter margins

Apple Q2 beats expectations but warns that unchanged tariffs could cost the company $900 million and requires drastic supply-chain realignment.
The Otemachi Financial City Grand Cube, which houses the Mitsubishi UFJ Morgan Stanley Securities head office, in Tokyo. MUMSS has stopped selling so-called structured loans after purchases of the products by regional banks prompted a regulatory backlash.
BUSINESS / Companies
May 2, 2025

MUFG joint venture stops selling structured loans after scrutiny

It’s the first known instance of a major brokerage ending this business in what was a booming market.
Travelers in front of a flight information panel in a departure hall at Haneda Airport in Tokyo on April 26
BUSINESS
May 3, 2025

Inflation and high hotel prices curtail Golden Week travels

This year consumers in the world's fourth-largest economy are feeling the pain of rising prices for everything from cabbage and rice to electricity bills.
Workers operate sewing machines at a Thai Son S.P. garment factory in Binh Thuan province, Ho Chi Minh City, Vietnam, on April 10. For more than 70 years, many emerging nations, especially in Asia, have become the low-cost manufacturer to the U.S., the world’s biggest consumer.
BUSINESS / Economy
May 5, 2025

Global factories struggle to overcome Trump tariffs and uncertainty

Purchasing manager indexes across Asia, along with revised numbers in Europe, showed new or persisting contractions in factory activity in April.
OpenAI had backpedaled on plans to convert its for-profit arm into a public benefit corporation.
BUSINESS / Tech
May 6, 2025

OpenAI dials back conversion plan, with nonprofit to retain control

The announcement follows a storm of criticism and legal challenges, including a high-profile lawsuit filed by rival and co-founder Elon Musk.
The Advanced Micro Devices headquarters in Santa Clara, California
BUSINESS / Tech
May 7, 2025

AMD and Arm offer a window into the AI landscape ahead of Nvidia earnings

Though chipmaking stocks have taken a hit this year, underlying results may show a stronger foundation for the AI trade than recent stock performance indicates.
The tie-up between Sumitomo Mitsui Banking and its new partners will target U.S. middle-market companies, according to executives.
BUSINESS / Companies
May 7, 2025

SMBC teams with private lenders to offer $1.7 billion of credit

The tie-up between the Japanese banking conglomerate and its new partners will target U.S. middle-market companies, according to executives.
SMBC Nikko Securities hired former Nomura Holdings senior executive Susumu Usui as co-head of equity and ex-Citigroup’s Keita Matsumoto as head of financial markets.
BUSINESS / Companies
May 7, 2025

SMBC Nikko hires former Nomura and Citi top executives in rebuild

The firm is seeking to strengthen its business following the rigging scandal more than two years ago, which led to the loss of several equity executives.
Carolina Kawakubo, head of the Japanese arm of NRW.Global Business GmbH, during an interview on April 28 in Tokyo's Chiyoda Ward
BUSINESS
May 8, 2025

German agency to strengthen its support for Japan startups

The German agency plans to hold seminars in four cities across Japan through November to provide such companies with free expertise.
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.
Nominal cash earnings rose 2.1% from a year earlier, decelerating from a revised 2.7% pace in February and below a median economist forecast of 2.5%, according to the labor ministry.
BUSINESS / Economy
May 9, 2025

Japan’s nominal wage growth slows, backing case for BOJ caution

Nominal cash earnings rose 2.1% from a year earlier, decelerating from a revised 2.7% pace in February and below a median economist forecast of 2.5%.
A Japanese newspaper headline includes the word "tariff" in Japanese.
LIFE / Language / BILINGUAL
May 9, 2025

Trump once called it his favorite word. Now, the Japanese version is all over the news.

Learning how to talk about tariffs, imports and exports is becoming increasingly necessary in everyday conversation.
Toyota vehicles bound for shipment at the Port of Nagoya. Japan’s 3-year-old corporate governance campaign has more room to grow and unlock value in Japan’s industrial heartland of Aichi Prefecture.
BUSINESS / Companies
May 9, 2025

Japan’s corporate governance wave reaches the industrial heartland in Nagoya

The city of Nagoya and the area around it are home to manufacturing giants including Toyota and Toyota group auto parts maker Denso.
Japan Airport Terminal President Nobuaki Yokota and Chairman Isao Takashiro resigned amid an internal probe into favoritism toward a consulting firm led by a son of Makoto Koga, former secretary-general of the ruling Liberal Democratic Party, related to massage chair installations at the terminal buildings of an airport.
BUSINESS / Companies
May 9, 2025

Japan Airport Terminal's top execs step down amid corruption scandal

The company said it accepted resignation offers from the two top executives the same day.
Panasonic is targeting 10,000 job cuts worldwide as part of efforts to boost profitability.
BUSINESS / Companies
May 9, 2025

Panasonic targets 10,000 job cuts worldwide

The cuts will focus on positions at consolidated companies — 5,000 in Japan and 5,000 overseas.
U.S. President Donald Trump speaks to reporters during the announcement of a trade agreement with Britain in the Oval Office of the White House in Washington, on Thursday.
BUSINESS / Economy / ANALYSIS
May 10, 2025

China and the U.S. to talk trade war ceasefire — not peace

Ahead of the meeting, the two sides seem much further apart and at greater risk of a major fallout than during their first trade war in Trump's previous term.
U.S. Treasury Secretary Scott Bessent leaves his hotel for a meeting with Chinese officials on tariffs in Geneva on Saturday.
BUSINESS / Economy
May 10, 2025

U.S. and China begin talks in bid to 'de-escalate' trade war

The talks were the first between the world's two largest economies since U.S. President Donald Trump slapped steep new levies on China last month.
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer address the media after trade talks with China in Geneva on Sunday.
BUSINESS / Economy
May 12, 2025

U.S. and China cite ‘substantial progress’ in Geneva trade talks

U.S. negotiators described "substantial progress" and also said details would be announced Monday.
An electric vehicle factory in Ningbo, China, on April 9, 2024. For years, Xi Jinping, the leader of China, has planned to make the world dependent on its exports and know-how, but the strategy has costs for his own country.
BUSINESS / Economy
May 12, 2025

This is the trade conflict Xi Jinping has been waiting for

A willingness to weaponize the supply chain may be one of the starkest examples of how Xi is redefining China’s relationship with the world.
Workers sew garments along a production line at Thanh Cong Textile Garment in Ho Chi Minh City, Vietnam, on April 28.
BUSINESS / Companies
May 12, 2025

Chinese factories are looking for the next China

Tariffs have resulted in the cost of sending products to the United States soaring in recent weeks, forcing companies to find new trade routes.
Dalton Investments is demanding Fuji Media Holdings change its board members, spin off its real estate business, unwind cross shareholdings and push through corporate governance reform.
BUSINESS / Companies
May 12, 2025

Dalton Investments seeks talks with Fuji Media to avoid proxy fight

The activist investor wants the Japanese broadcaster to change its board members and spin off its real estate business, among other things.
Tokyo’s WWII museums hold diverse views on war and peace
A carrier-based Type 52 Zero fighter marks the entrance foyer of Yasukuni Shrine's Yushukan, a museum that tells a more nuanced story of Japan's experience in World War II than the controversies around the shrine might suggest.
Japan starts survey on foreign nationals' unpaid resident taxes
In the most recent regular session of parliament, problems were highlighted regarding some foreign workers leaving Japan without paying outstanding taxes.
Summer bonuses at major Japan firms hit record
The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Weather agency warns of landslides and flooding in Kyushu as heavy rain continues
An embankment on the Amikake River that collapsed due to heavy rain in Aira, Kagoshima Prefecture, on Friday. Downpours continued in the Kyushu region over the weekend.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Will the movement seeking Ishiba’s resignation succeed?
Liberal Democratic Party youth division head Yasutaka Nakasone (center) and other members speak to reporters in Tokyo on July 25.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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The horrors of Nagasaki, in first person
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