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Japan Times
BUSINESS
Nov 8, 2022

U.S. asks banks to maintain ties with Russia, despite frustration in Congress

The quiet effort is part of the administration's push to minimize adverse impacts of the sanctions regime designed to punish Russia.
Japan Times
BUSINESS / Longform
Nov 7, 2022

Collapsing pyramid: EV shift strikes at heart of Japan’s auto sector

The major transition is fundamentally reshaping how the domestic industry works and is understood.
Japan Times
BUSINESS
Nov 2, 2022

Energy crisis chips away at Europe's industrial might

While lower energy use helps weather the crisis sparked by Russia's invasion of Ukraine, the long term effects will severely weaken Europe's industrial base.
Japan Times
BUSINESS / Companies
Nov 1, 2022

This Japanese startup wants to become the moon’s very own FedEx

Ispace is looking to earn money by ferrying scientific equipment and commercial goods to the moon.
JAPAN / Explainer
Oct 21, 2022

Tokyo Olympics bribery scandal: Investigation ensnares stuffed-toy maker and ad firms

The case has grown to encompass ADK Holdings — Japan's third-largest advertising firm — and stuffed-toy maker Sun Arrow, among others.
BUSINESS / Tech
Oct 18, 2022

Major Japan tech show returns in person, but focus is on the metaverse

The hype generated by the metaverse has prompted the trade show to set up a section called Metaverse Expo to feature a number of firms promoting the trend.
Japan Times
WORLD / ANALYSIS
Oct 15, 2022

Musk tweets complicate U.S. diplomacy From Ukraine to Taiwan

Musk is hardly the first U.S. business executive or celebrity to get tangled up in foreign policy, but his wealth and penchant for mischief make him harder to ignore.
JERA's coal-fired power plant in Yokosuka, Kanagawa Prefecture, is under construction in 2021.
ENVIRONMENT / Energy / OUR PLANET
Oct 22, 2023

Japan sticks with climate solution that critics say is far from clean

The government hopes to use ammonia on a massive scale to reduce emissions from coal-fired power plants, but environmentalists remain skeptical.
Taiwan Vice President and presidential candidate Lai Ching-te
ASIA PACIFIC / Politics
Oct 24, 2023

Taiwan presidential front-runner assails China's Foxconn probe

The major Apple supplier is facing a tax probe in China, two sources close to the company said Monday, confirming a report in Chinese state-run media.
Cosmo Energy Holdings has said it will call another shareholder vote in December to seek approval for a "poison pill" takeover defense against a group of activist investors.
BUSINESS / Companies
Oct 25, 2023

Cosmo calls another shareholder vote in activist defense

Japan's third-biggest oil refiner said it will not prevent the group a group of activist investors from voting this time.
Much of the focus on Meta stemmed from a whistleblower's release of documents in 2021 that showed the company knew Instagram, which began as a photo-sharing app, was addictive and worsened body image issues for some teen girls.
BUSINESS / Tech
Oct 25, 2023

Lawsuits against Meta in 33 states claim Instagram harms children

Children have long been an appealing demographic for businesses, which hope to attract them as consumers at ages when they may be more impressionable.
Kokusai Electric's technology and manufacturing center in the city of Toyama
BUSINESS / Companies
Oct 25, 2023

Kokusai Electric shares jump 28% in Tokyo debut

The stock closed at ¥2,350, valuing the company at ¥541.5 billion as investors grabbed shares following the IPO.
Workers picket outside the Ford Assembly plant in Chicago on Oct. 24.
BUSINESS / Companies
Oct 30, 2023

UAW-Ford deal includes $8 billion in manufacturing investments

The UAW-Ford contract could give workers up to $70,000 in extra pay over the 4½-year life of the contract.
Hulu was founded in 2007 as a joint venture between News Corporation and NBC Universal, with Disney joining soon after as a partner.
BUSINESS / Companies
Nov 2, 2023

Disney to complete takeover of Hulu with $8.6 billion deal

The acquisition comes as the company strives to boost subscriber numbers at its Disney+ streaming service.
Elon Musk, chief executive officer of Tesla, discusses artificial intelligence in London on Thursday.
BUSINESS / Tech
Nov 7, 2023

Elon Musk's X curtails disinformation research, spurring legal fears

Restrictions on critical methods of gathering data on the platform have suppressed the ability to untangle the origin and spread of false information.
Nintendo reported operating profit of ¥94.5 billion and revenue of ¥334.9 billion in the September quarter, both beating analyst expectations.
BUSINESS / Companies
Nov 8, 2023

Nintendo lifts annual profit forecasts

The Kyoto-based entertainment company said it now expects operating income of ¥500 billion ($3.3 billion), up from ¥450 billion previously.
Pedestrians and shoppers walk past a branch of fashion retailer H&M in central Stockholm on July 17.
BUSINESS / Companies
Nov 9, 2023

Sustainable cloth-maker Renewcell struggling amid slow adoption

Stock in Renewcell lost over 80% of its value in the last month and the firm has reported an operating loss of $17 million in nine months.
Germany, which likely plays a key role in determining Europe’s China strategy, unveiled its 64-page strategy on China on July 13.
COMMENTARY / World / Geoeconomic Briefing
Nov 14, 2023

Germany’s China strategy is epoch-making but ambiguous

While attempting to protect its interests, Berlin has had to deal with business circles attempting to avoid damaging ties with Beijing.
Japan Airlines is planning to pay a winter bonus equivalent to three months' salary in this fiscal year, up from the 1.7 months' salary for the fiscal 2022 winter bonus.
BUSINESS / Companies
Nov 15, 2023

JAL to pay highest winter bonus since 2012 relisting

The planned bonus is up sharply from the 1.7 months' salary for the fiscal 2022 winter bonus.
China trails Musk in low-Earth orbit — a zone within 2,000 kilometers of the planet’s surface that’s become increasingly attractive for companies such as SpaceX offering high-speed internet access.
BUSINESS / Tech
Nov 17, 2023

China’s rivalry with Musk’s SpaceX moves to even lower orbit

Beijing is looking to deploy satellites in very low-Earth orbit, a so-far untapped region within an altitude of 450 kilometers.
Bifacial photovoltaic solar panels at a solar plant in Texas. According to a study, net zero pledges are often directly undermined by the lobbying activities of the companies making them.
ENVIRONMENT / Climate change
Nov 17, 2023

Study finds ‘net zero greenwash’ is common in corporate world

A London-based nonprofit found that 58% of the companies it analyzed advocate on climate policy in a way that’s at odds with their stated net zero goals.
Sam Altman, then the chief executive of OpenAI, in Redmond, Washington, in February
BUSINESS / Tech
Nov 19, 2023

The perpetual rise of Sam Altman takes an unexpected turn

The former OpenAI CEO was the face of an AI-fueled future. He was the most Silicon Valley person alive. Then, on Friday, he was fired.
Kyle Vogt speaks on stage at the launch of the Cruise Origin autonomous vehicle in San Francisco in January 2020.
BUSINESS / Tech
Nov 20, 2023

CEO of GM's Cruise robo taxi unit resigns amid U.S. safety review

His resignation follows weeks of turmoil at the unit, which is undergoing a safety review after one of its vehicles dragged a pedestrian.
Sam Altman was reinstated as OpenAI CEO less than five days after his ouster.
BUSINESS / Companies
Nov 23, 2023

Altman is back at OpenAI, but questions remain over firing

One of the big issue for the organization is to what extent Altman can continue pursuing outside ventures.
Microsoft's artificial intelligence prospects just got a boost from Sam Altman's return to his CEO role at OpenAI.
COMMENTARY
Nov 23, 2023

Altman’s comeback is a strategic triumph for Microsoft

Sam Altman's termination and swift rehiring will shift the dynamics at OpenAI.
Fox Corp chairman Rupert Murdoch
BUSINESS / Companies
Nov 29, 2023

Rupert Murdoch being deposed in Fox defamation case: source

Establishing that Murdoch was involved in decisions about coverage would help voting technology company Smartmatic prove liability.
Elon Musk waits backstage before being interviewed at the 2023 New York Times DealBook Summit in New York on Wednesday.
BUSINESS / Companies
Nov 30, 2023

Elon Musk says advertiser boycott may kill X

Earlier this month, Musk agreed with a post that said Jewish people hold a "dialectical hatred” of white people.
Honda will invest ¥500 billion in its electric motorcycle business by 2030.
BUSINESS / Companies
Nov 30, 2023

Honda to invest $3.4 billion in electric motorcycles by 2030

The company plans to introduce 30 new electric motorcycle models worldwide by the same year.
A Cosmo Energy service station in Tokyo
BUSINESS / Companies
Dec 1, 2023

Iwatani emerges as potential Cosmo white knight with share buy

Iwatani will pay ¥105.3 billion, or ¥6,052 per share, to raise its stake in Cosmo to 19.93% from the current 0.07%.
A worker at the Ford F-150 Lightning plant in Dearborn, Michigan in April last year. New government rules will try to shift more production of electric vehicle batteries and the materials that power them to the United States.
BUSINESS
Dec 2, 2023

U.S. sets limits on Chinese content to receive EV tax credits

The guidelines establish a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building