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Sharp's plant in Sakai, Osaka Prefecture, that has ceased production of large liquid crystal display panels for television, a symbolic end to the company's signature business.
BUSINESS / Companies
Dec 1, 2024

Sharp marks end of era with halt to large LCD panel production

Now owned by a Taiwanese investor, Sharp has also scaled back production of small and medium-sized LCD panels used in smartphones and personal computers.
Carlos Tavares, Chief Executive Officer of Stellantis, speaks at the Paris Automotive Summit during the Paris Auto Show on Oct. 15.
BUSINESS / Companies
Dec 2, 2024

Stellantis CEO Tavares quits and hands over to interim committee

The company said in a statement that a new CEO will be named in the first half of 2025, with an interim committee headed by Chairman John Elkann taking the reins for now.
A brown bear in Hokkaido. In the city of Akita, a bear that attacked a supermarket employee over the weekend was captured in a box trap on Monday morning.
JAPAN / Society
Dec 2, 2024

Bear that attacked Akita supermarket employee captured

The animal, which attacked a 47-year-old male employee on Saturday morning, was captured in a box trap on Monday morning.
Female company presidents are mostly found at small businesses in Japan.
BUSINESS / Economy
Dec 2, 2024

8.4% of Japanese companies led by women in 2024

Female presidents tend to be found at smaller companies, with 11.9% of companies with less than ¥50 million in annual sales having a female boss.
Kentaro Okuda, CEO of Nomura Holdings, speaks during a news conference in Tokyo on Tuesday.
BUSINESS / Companies
Dec 3, 2024

Nomura CEO takes pay cut after former employee charged with attempted murder

The CEO and four other executives will take a 30% pay cut for three months, while five members of the board will take a 20% pay cut for the same period.
The departure of Intel CEO Pat Gelsinger opens the possibility of fresh deal talks.
BUSINESS / Companies
Dec 4, 2024

Intel’s CEO departure opens door to new deal discussions

The CEO's departure is also an opportunity for suitors to take another look at acquiring some or all of Intel.
People in cities across Japan will pop into their local convenience store for any number of products they believe will help them with a night of drinking.
LIFE / Lifestyle / Longform
Dec 6, 2024

Hangover cures are everywhere in Japan — but do they work?

Japan’s suspect remedies make up 20% of the world’s market for hangover cures, but their success lies more in marketing than science.
The Tokyo-based company Kioxia Holdings’ IPO price was ¥1,455, right at the middle of its range. That valued the firm at ¥784 billion ($5.2 billion).
BUSINESS / Companies
Dec 9, 2024

Bain-backed Kioxia sets IPO price, valuing memory maker at $5.2 billion

The Tokyo-based company’s IPO price was ¥1,455, right at the middle of its range.
Kioxia priced its stock at ¥1,455 ($9.6), at the middle of the price range it proposed before the IPO.
BUSINESS / Companies
Dec 10, 2024

Kioxia’s jumbo IPO shows weak sign contrary to booming market

The Bain Capital-backed memory-chip manufacturer priced its stock at ¥1,455 ($9.6), at the middle of the price range it proposed before the IPO.
The Northvolt Drei EV battery plant in Heide, Germany, one of several European-led battery facilities to have been delayed or canceled.
BUSINESS / Companies
Dec 10, 2024

Europe’s big battery ambitions are failing, and China is benefiting

Fallout is spreading across the region as EV demand wanes and local manufacturers struggle to master the technology.
Mao Geping, chairman of Mao Geping Cosmetics Co., gestures during the company's listing ceremony at the Hong Kong Stock Exchange on Tuesday.
BUSINESS / Companies
Dec 11, 2024

China makeup mogul is a billionaire after hot Hong Kong debut

Mao Geping's namesake skincare and cosmetics firm, which listed Tuesday, raised HK$2.3 billion ($300 million) in its initial public offering.
A restaurant owner waits for customers at her empty restaurant in Seoul on Oct. 31.
ASIA PACIFIC / Society
Dec 11, 2024

South Korea's fading nightlife signals shift in hard-drinking culture

The change has been driven by corporate Korea's slowdown on after-work drinking sessions, younger female workers' refusal to partake and inflation.
Nvidia will end the year with about 4,000 people in China, up from just about 3,000 at the start of 2024, people familiar with its operations said.
BUSINESS / Tech
Dec 12, 2024

Nvidia steps up hiring in China to focus on AI-driven cars

The tech giant will end 2024 with about 4,000 employees in China, after starting the year with around 3,000.
Mitsubishi Electric CEO Kei Uruma
BUSINESS / Companies
Dec 13, 2024

Mitsubishi Electric explores forming power chip alliances in Japan

A sense of urgency is growing in the power chip industry as Japanese companies fall further behind German market leader Infineon Technologies.
A Hight Logistics electric BYD truck is loaded with a container at a seaport in Long Beach, California, in April 2023.
BUSINESS
Dec 15, 2024

Chinese firms take on EV truck challenges

Fleets of electric heavy goods vehicles from China have been growing internationally, even as Western countries target the country's EV cars with heavy sanctions.
Disney and Oriental Land executives pose with Disney characters at the unveiling of an expanded cruise line, in Urayasu, Chiba Prefecture, earlier this year.
BUSINESS / Companies / FOCUS
Dec 16, 2024

Tokyo Disney Resort operator eyes cruises for new growth

The company plans to invest approximately ¥330 billion in the project, hoping to launch services in fiscal 2028.
Mannequins are displayed inside a lingerie showroom at WeMet Industrial Park in the Guanyun county of Lianyungang, Jiangsu province, China, on Nov. 26.
BUSINESS / Economy
Dec 16, 2024

China's 'erotic clothing' capital braces for e-commerce crackdown

The development of the lingerie industry in eastern Guanyun county in China has exploded partly due to a U.S. tariff exemption likely to soon be curtailed or scrapped.
Employees of Takahashi Shouten working on the trial production of sake in New Delhi on Nov. 14.
BUSINESS / Companies
Dec 17, 2024

Japanese sake brewery to make foray into Indian market

Takahashi Shouten, based in the city of Yame in Fukuoka Prefecture, launched a subsidiary in India in February.
Islamic Revolutionary Guard Corps (IRGC) Commander-in-Chief Maj. Gen. Hossein Salami reviews military equipment during an IRGC ground forces military drill in the Aras area, East Azerbaijan province, Iran, on Oct. 17, 2022.
WORLD / Politics
Dec 18, 2024

Iran's Revolutionary Guards extend control of oil exports, sources say

All aspects of the oil business have come under the growing influence of the Guards.
Nissan President and CEO Makoto Uchida (left) and Honda President and CEO Toshihiro Mibe hold a news conference in Tokyo in March. Both automakers have been working together for months on a deal of some sort.
BUSINESS / Companies
Dec 18, 2024

Honda and Nissan might combine to form world’s No. 3 auto group

Mitsubishi, which has been working closely with Nissan since 2016, also might join the grouping.
NATO Secretary-General Mark Rutte (right) and Ukrainian President Volodymyr Zelenskyy shake hands at the official residence of the NATO secretary-general in Brussels on Wednesday.
WORLD / Politics
Dec 19, 2024

Europe's conundrum: How to fund defense spending

All potential options come with their own challenges, such as fiscal pressures, political resistance or funding costs.
Honda CEO Toshihiro Mibe speaks during a joint news conference with heads of Nissan and Mitsubishi Motors on their merger talks in Tokyo on Monday.
BUSINESS / Companies / ANALYSIS
Dec 24, 2024

Honda crafts Nissan rescue plan that plays out over years

While executives called the transaction a merger, Honda will take the lead in forming the new entity and nominate a majority of its directors.
Nissan CEO Makoto Uchida and Honda CEO Toshihiro Mibe during a news conference in Tokyo on Monday
BUSINESS / Companies / ANALYSIS
Dec 25, 2024

Will Honda-Nissan tie-up deliver synergies in time to counter China?

Honda CEO Toshihiro Mibe has said the companies need to build up capabilities by 2030 or face being "beaten," but analysts question whether they have that much time.
A full house at Dolphins Arena takes in a bout featuring Takarafuji during the Nagoya Grand Sumo Tournament in July.
SUMO / INSIDE SUMO
Dec 25, 2024

New Nagoya arena won't ease sumo's ticket crunch

A shiny new arena in Nagoya will seat 17,000 but capacity won't be nearly that high for sumo, meaning there's no relief on the horizon for ticket-hungry fans.
The hands of dyeing craftsman Yoshiharu Okamoto are stained a deep blue by his work with indigo.
LIFE / Style & Design
Dec 26, 2024

True blue tradition: How Japan's coveted jeans are made

Craftspeople in Okayama Prefecture are carrying on a centuries-old tradition of indigo dyeing that contrasts with contemporary fast fashion.
A poster depicting the characters of "JoJo's Bizarre Adventure" in Tokyo's Shibuya Station in 2023.
BUSINESS / Companies
Dec 28, 2024

Sony's Crunchyroll finds its early lead in anime under attack

Netflix, Walt Disney and Amazon are all digging into their deep pockets to license shows, making it more expensive for anime-steaming site to compete.
Sales of Ibiden's AI-use substrates are robust, with customers buying up all the company can sell.
BUSINESS / Tech
Dec 30, 2024

Nvidia supplier Ibiden weighs faster expansion for AI demand

Sales of the 112-year-old company’s AI-use substrates are robust, with customers buying up all that Ibiden can sell, CEO Koji Kawashima said in an interview.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe in a news conference in Tokyo on Dec. 23
BUSINESS / Companies
Dec 31, 2024

Honda likely to own majority of holding firm with Nissan

Nissan's faltering business performance could be a hurdle to the planned integration.
A lithium smelter in Yichun, Jiangxi province, China
BUSINESS / Tech
Jan 9, 2025

Stubbornly resilient lithium supply remains hurdle to recovery

Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.
Hobonichi's 'techō' notebooks come in both set and customizable formats, and a thriving community of enthusiasts means there are even extensive guides on how to make the journal even more unique to your individual approach to journaling.
LIFE / Style & Design
Jan 10, 2025

American stationery nerds are fueling a Japanese notebook boom

A Japanese-made paper planner from the 1980s has reblossomed in the post-COVID era.

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan