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The United States Steel Edgar Thomson Works steel mill in Braddock, Pennsylvania
BUSINESS / Companies
Nov 5, 2025

U.S. Steel says Japanese ownership to unlock $3 billion in value

Nippon Steel had acquired U.S. Steel for $14.1 billion in June, and agreed to invest $11 billion in the Pittsburgh-based company by 2028.
Akio Toyoda, chairman of Toyota Motor, speaks during a media preview at the Japan Mobility Show in Tokyo on Oct. 29. Minority investors are challenging the carmaker's bid to take affiliate Toyota Industries Corp. private.
COMMENTARY / Japan
Nov 5, 2025

The Toyota buyout is a major test for Japan’s reforms

A letter signed by two dozen investors addressed "widespread concern” about the plan to buy out Toyota Industries Corp., also known as TICO.
Toyota's Chief Financial Officer Kenta Kon (right) speaks during a news conference in Tokyo on Wednesday.
BUSINESS / Companies
Nov 5, 2025

Toyota hikes profit forecasts 'despite the impact of U.S. tariffs'

The firm's share price fell by as much as 5% in Tokyo, however, as the new guidance fell short of market estimates.

Longform

Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.
The second life of Japan's net cafes