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September 03, 2025
 

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Nissan's net profit nearly doubled in the business year that ended in March, as demand rose at home as well as in North America, Europe and China.
BUSINESS / Companies
May 9, 2024

Nissan's annual net profit nearly doubles on-year

Net profit totaled ¥426.6 billion ($2.7 billion), up 92.3% on-year.
SoftBank is in talks with South Korea's Naver over control of LY, which operates the popular messaging app Line, the telecommunications firm's CEO has said.
BUSINESS
May 9, 2024

SoftBank in talks with Naver over control of Line operator LY

LY is majority owned by a joint venture between SoftBank and Naver.
The idea of quitting tends to be associated with weakness, but moving on from a problematic situation can sometimes be extremely positive.
LIFE / Language / BILINGUAL
May 10, 2024

Sometimes there's power in quitting

Modern society tends to see quitting as a sign of weakness, but Buddhist teaching has extolled the benefits of letting go of something at the right time.
J-Power's Takasago thermal power plant in Takasago, Hyogo Prefecture in 2022
BUSINESS / Companies
May 10, 2024

J-Power may close up to five coal power plants by fiscal 2030

The company's objective is to slash emissions by 46% from 2013 levels by 2030.
SoftBank Group CEO Masayoshi Son in 2019. Son is said to be selling off assets from the Vision Fund’s portfolio as he prepares for possible forays into AI and related hardware.
BUSINESS / Companies
May 10, 2024

SoftBank's Vision Fund lightens asset load as Son pivots to AI and chips

Son has moved on to new obsessions, inspired in part by the success of Arm — which has soared in value to around $106 billion since its market debut.
People walk near the Bank of Japan headquarters in Tokyo on April 26.
BUSINESS / Economy
May 10, 2024

BOJ must avoid raising rates to combat weak yen, says ex-official

Higher borrowing costs would hit consumption and services inflation, said Tsutomu Watanabe, an expert on price trends.
Genkai Mayor Shintaro Wakiyama speaks during a news conference on Friday in the town of Genkai in Saga Prefecture.
JAPAN
May 10, 2024

Genkai Mayor decides to accept nuclear waste site survey

The mayor announced the decision at a news conference after a closed-door meeting of the town's assembly.
Steelmakers' concerns about BHP's coking coal market power could derail a deal between BHP and Anglo American.
BUSINESS / Companies
May 10, 2024

BHP-Anglo American deal raises alarm in Japan's steel industry

Australia is the world's biggest exporter of coking coal and top supplier to Japan, making up around 60% of its imports.
Things may look perfect to the outside world, but today's mom is fine with some imperfection at home.
JAPAN / Society / Longform
May 11, 2024

How 'Reiwa moms' are reshaping motherhood in Japan

Five years into the Reiwa Era and the challenges Japan's moms face are unique, though the qualities that help them persevere haven't changed a bit.
A customer uses a mobile phone at a contactless payment terminal in a pub in London. As with so many other industries, technology has been a primary driver of the change.
WORLD / Society
May 10, 2024

American-style tipping is testing British pub culture

Restaurants, cafes, pubs and bars, account for more than 90% of tipping across the country.
French President Emmanuel Macron and Chinese leader Xi Jinping review troops at the Tarbes Airport in southern France on Tuesday. Some experts believe Xi wants to drive a wedge between Europe and the United States with his European tour.
EDITORIALS
May 10, 2024

It’s ‘divide and conquer’ as Xi courts Europe

Xi wants to drive a wedge between Europe and the United States, or at least inhibit their convergence on a policy that identifies China as a threat.
Employees work on a production line at an automotive plant producing electric cars near Ningbo, China. The U.S. is set to announce new tariffs on Chinese electric vehicles and other goods as early as next week, according to people familiar with the matter.
BUSINESS
May 11, 2024

Biden set to hit China EVs and strategic sectors with tariffs

The decision, which could come as early as next week, represents one of Biden’s biggest moves in the economic race with China.
As of last Sunday, ride-hailing services, which use personal vehicles to offer paid rides, had been used a total of 12,628 times in five areas.
BUSINESS
May 11, 2024

In first month of operations, ride-hailing services used more than taxis in Tokyo

The services, which were launched in April, have been used more frequently than traditional taxis so far, a transport ministry report has shown.
For the first time in four years, Japan saw the number of corporate bankruptcies exceed 700 in April, Tokyo Shoko Research said Friday.
BUSINESS / Companies
May 11, 2024

Japan corporate bankruptcies rise 28.3% in April

The number of bankruptcies is expected to rise as companies face increased pressure from higher borrowing costs.
Ryoken Hirayama, 25, is escorted by police as he leacves the Osaki police station in Tokyo's Shinagawa Ward on April 22. Hirayama is the first of six people arrested in connection with the murder of a Tokyo couple in Tochigi Prefecture to be charged with murder.
JAPAN / Crime & Legal
May 11, 2024

Suspect, 25, first to be hit with murder charge over bodies found in Tochigi

A total of six people have been arrested over the incident, but the man, Ryoken Hirayama, is the first to be charged with murder.
TSMC’s factory in Kikuyo, Kumamoto Prefecture
BUSINESS
May 12, 2024

Kumamoto Prefecture wants to host TSMC’s third Japan plant

Kumamoto hopes enough chip-related companies will settle in the prefecture to create something akin to Taiwan’s Hsinchu Science Park.
A government white paper on small and medium enterprises said more than 60% of such firms plan to raise wages this year.
BUSINESS
May 12, 2024

Japan small firms raising wages amid labor shortages, government paper says

The white paper also pointed out that the labor productivity of Japan is lower than that of other members in the OECD.
People ride past a JD.com advertisement promoting a Singles Day shopping festival in Beijing in 2023.
BUSINESS / Companies
May 13, 2024

China's e-commerce giants face a delicate balance

Chinese consumers are seeking discounts and lower-cost shopping following the pandemic.
Suspected intervention to drag the yen off a 34-year low against the dollar is already seen as unlikely to have a lasting effect if Japan continues alone.
BUSINESS / Markets
May 13, 2024

Yen’s fragility raises specter of a new currency war in Asia

A destabilizing slump in the yen could be the trigger that forces Japan’s neighbors to take extreme action.
Kai-Fu Lee, chairman of Sinovation Ventures
BUSINESS / Tech
May 13, 2024

Tech pioneer Kai-Fu Lee's AI venture aims to deliver China's ChatGPT moment

Beijing bars foreign AI models in part due to strict censorship, but that also ensures domestic players have a big local market without global competition.
Katsunobu Kato, former chief Cabinet secretary and a ruling party veteran, says the Bank of Japan must keep a close eye on economic conditions and coordinate carefully with the government in working out when to raise rates.
BUSINESS
May 13, 2024

Japan on track to normalize monetary policy, says ruling party heavyweight

The weak yen has inflated import costs, hurting consumption and creating headaches for policymakers looking to shore up a fragile economic recovery.
Breads developed to be eaten cold are displayed during an event in Tokyo in April.
BUSINESS / Companies
May 13, 2024

Shops promoting 'cold bread' hope to boost sales in summer

One company is promoting cat-shaped bread that can be eaten frozen.
South Africa President Cyril Ramaphosa speaks at the Congress of South African Trade Unions National Worker's Day rally at Athlone Stadium in Cape Town on May 1.
WORLD / Politics
May 13, 2024

Who’s who in South Africa’s tightest post-apartheid election

For the first time since White-minority rule ended, South Africa is heading into national elections in which an outright winner isn’t apparent.
Tokiko Shimizu, the Bank of Japan's first and only female director, has been replaced by Kazushige Kamiyama after finishing a four-year term.
BUSINESS
May 13, 2024

BOJ slips backward on diversity with all-male executive lineup

The BOJ slipped to 156th on an index of gender balance among central banks released this year.
The downtown Johor Bahru skyline from Singapore
BUSINESS
May 13, 2024

Malaysia's Johor eyes Shenzhen-style hub with Singapore, report says

If approved, the Johor-Singapore Special Economic Zone would be nearly twice the size of China’s Shenzhen at 3,505 square kilometers.
SoftBank is regaining its footing just as founder Masayoshi Son readies sizable investments in artificial intelligence and semiconductors.
BUSINESS / Companies
May 13, 2024

SoftBank to get more aggressive on AI after profit and asset sales

The company earned a better-than-expected net income in the March quarter, helped by investment gains.
Justin Reid has helped the Chiefs win the last two Super Bowl titles.
MORE SPORTS / Football
May 13, 2024

Chiefs safety Justin Reid committed to lifting up Kansas City on and off field

The confetti had hardly finished falling on the Kansas City Chiefs' second consecutive Super Bowl title when safety Justin Reid started looking ahead.
Investing in Japanese stocks becomes harder if the yen continues to weaken, head of Japan active investments at BlackRock warns.
BUSINESS / Markets
May 13, 2024

BlackRock warns weak yen deters foreigners from Japan stocks

The Nikkei 225 has declined more than 6% amid concerns the currency is becoming a liability for domestic consumer spending and import costs.
The widespread adoption of renewable energy sources and implementation of energy efficiency are key to reducing emissions and, in turn, fueling economic growth.
COMMENTARY / World
May 2, 2024

We need economic growth to avert a climate catastrophe

The degrowth movement doesn't offer solutions to tackle global warming. Not only are its proposals unrealistic, but they may not even be effective.
Nintendo tends to innovate and take unconventional product development routes, producing both great successes, like its Switch console, and spectacular failures.
COMMENTARY / Japan
May 10, 2024

Nintendo needs to 'switch' its next console up

The Kyoto firm has been coy about what will come after the highly successful Switch console, but it needs to step up its game and learn from past mistakes.
More sweltering days forecast for September after hottest summer on record
By the end of August, 8,341 people had been transported by ambulance for heatstroke in Tokyo alone.
‘Mount Fuji Lawson’ becomes a symbol of Japan’s overtourism problem
A couple poses for a wedding photo in front of a Lawson in the town of Kawaguchiko, Yamanashi Prefecture, on Aug. 25.
Surrounded by Chinese bases, a tiny Philippine island stands firm
A Philippine Navy sailor looks at a China Coast Guard vessel just off the coast of Pag-asa Island in the disputed South China Sea last month.
Woman dies after possible knife attack in Setagaya
Police investigate the scene where a woman was found bleeding on a street in Tokyo's Setagaya Ward on Monday.
Suntory CEO Takeshi Niinami resigns over alleged possession of illegal drugs
Takeshi Niinami, then-chief executive officer of Suntory Holdings, in May 2024
Xi — joined by Kim and Putin — delivers stark warning at military parade
Chinese leader Xi Jinping walks with Russian President Vladimir Putin and North Korean leader Kim Jong Un before a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing on Wednesday.
Tamagotchi hatches 100 million shipments worldwide thanks to ’90s nostalgia
The latest version of Tamagotchi, called Tamagotchi Paradise, is awarded the best digital toy at Tokyo Toy Show on Aug. 28.
Why Stalin didn’t invade Hokkaido still largely unknown, 80 years after WWII
During a survey to collect the remains of victims from the Taito Maru, one of the vessels involved in the Three Ships Incident, a metal helmet was found near the stern of the vessel on Aug. 5, 1984, at Rumoi Port. No human remains were discovered.
More sweltering days forecast for September after hottest summer on record
By the end of August, 8,341 people had been transported by ambulance for heatstroke in Tokyo alone.
Surrounded by Chinese bases, a tiny Philippine island stands firm
A Philippine Navy sailor looks at a China Coast Guard vessel just off the coast of Pag-asa Island in the disputed South China Sea last month.

Podcast

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

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past
By Alex K.T. Martin

SUSTAINABLE JAPAN

Foreign wrestlers have a long history in sumo
Foreign wrestlers have a long history in sumo

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