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Japan Times
BUSINESS / Companies
Apr 21, 2022

Netflix rout is worst since 2004, punishing Roku and Disney, too

Shares of the streaming leader have plunged 35%, erasing $54 billion of market value in its biggest drop since 2004.
Japan Times
JAPAN / Regional Voices: Hiroshima
Apr 18, 2022

Businesses in Chugoku region making moves toward decarbonization

Despite its higher cost, some businesses are adopting LPG as fuel for their operations.
Japan Times
BUSINESS / Tech
Apr 12, 2022

Propaganda around Russian invasion of Ukraine reveals failings in Meta's moderation

The social media giant's content policies and enforcement mechanisms have enabled pro-Russian propaganda, according to those that moderate its services.
Japan Times
BUSINESS / Women at Work
Apr 7, 2022

Miyuki Suzuki sets example for Japan Inc. with grace and 'spine of steel'

During a varied career with stints at a number of firms, Suzuki has strived to empower her team members — something of a novel approach in Japan's corporate world.
Japan Times
WORLD
Apr 6, 2022

Why tracking Russian President Vladimir Putin’s wealth is so difficult

That many extravagant assets speculated to be Putin's are owned or controlled by the state shows how his private interests have merged with those of his government.
BUSINESS / Companies / FOCUS
Mar 22, 2022

Hedge fund activists battle old Japan in Toshiba’s crucial vote

Shareholders will vote on two proposals: one, from Toshiba, asks them to support a two-way split; a competing one, put forward by 3D, calls for the company to reconsider alternatives.
Japan Times
JAPAN / Regional Voices: Okinawa
Mar 21, 2022

Okinawa firms raising productivity to give workers ‘earning power’

The prefecture's economy has grown significantly in the past 50 years, but it still lags behind the rest of the nation with low per-capita income and high child poverty rates.
Japan Times
JAPAN / Regional Voices: Hokkaido
Feb 28, 2022

Hokkaido, a pioneer in esports, draws fans and pro teams

The region has joined the boom, and has seen professional teams sprouting up one after another in anticipation of further growth and the Hokkaido Esports Festival.
Japan Times
BUSINESS
Feb 3, 2022

Meta plunges as Facebook users stall and forecast falls short

The misses come at a critical juncture for the company, which is fighting regulatory battles on multiple fronts and also trying to justify a costly shift in corporate strategy.
Tesla Model 3 vehicles are seen for sale at a Tesla facility in Fremont, California, last May.
BUSINESS
Apr 6, 2024

Tesla scraps low-cost car plans amid fierce Chinese EV competition

The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said.
Hiroshima Kanon Senior High School in the city of Hiroshima opened a cafeteria serving authentic Italian cuisine in December last year after Hoyu, which had been entrusted with cafeteria operations, went bankrupt in September.
JAPAN / Society
Apr 10, 2024

Business stability screenings urged for school lunch operators

The directive followed the abrupt suspension of meal services at schools across the country by Hoyu, a cooking service company.
Rapidus' semiconductor foundry construction site in Hokkaido
BUSINESS / Companies
Apr 15, 2024

Chip plant wizard weathers Hokkaido’s bitter cold in latest test

Construction firm Kajima is plowing through a series of challenges to get a chipmaking factory built on time in snowy Hokkaido.
In Japan, there’s a huge gap between how companies value their real estate assets on their books against what those same properties would fetch if sold in the market.
BUSINESS / Companies
Apr 16, 2024

Hidden billions in Tokyo real estate lure activist hedge funds

Billions in value can be unlocked by pressuring companies to sell off holdings, a tactic that activist funds are now employing.
A liquefied natural gas tanker arrives at a Tokyo Gas LNG terminal in Yokohama. Despite a decline in domestic gas demand, Japanese companies are looking to maintain their stake in overseas LNG markets, especially in Asia.
COMMENTARY / Japan
Apr 29, 2024

The double standard of Japan’s energy companies abroad

In Japan, energy companies like Tokyo Gas are striving to cut emissions. But overseas, they're shoring up LNG markets, making for a very different picture.
A member of staff at Momuri responds to a request for assistance in submitting a resignation in Tokyo on April 18.
JAPAN / Society
May 8, 2024

Japan's workers turning to agencies that help them quit jobs

One firm that provides such a service saw the highest-ever number of requests following the long Golden Week holiday.
Toshiba announced on Thursday that it would cut up to 4,000 jobs as part of a restructuring plan.
BUSINESS / Companies
May 17, 2024

Toshiba takes advantage of private status to chart new course

The company has announced that it will cut up to 4,000 jobs as part of a restructuring.
A transport ministry probe into Japan Airlines on Friday targeted daily operations pertaining to flight operations and safety management at company facilities near Tokyo’s Haneda Airport, including JAL's safety promotion headquarters.
JAPAN
May 24, 2024

Emergency probe of Japan Airlines carried out following incidents

The on-site investigation comes after the wings of two JAL planes collided while the aircraft were on Haneda Airport’s parking apron.
Shareholder approval of the $56 billion pay package serves as both an endorsement of Elon Musk's tenure and an acknowledgment that investors do not want to risk Tesla's future.
BUSINESS / Tech
Jun 14, 2024

Tesla's Musk wins shareholder approval for $56 billion pay package

The approval does not, however, resolve a lawsuit on the pay package in a Delaware court.
Tokyo Electric Power Company Holdings' Kashiwazaki-Kariwa nuclear power station in Kashiwazaki, Niigata Prefecture, in November 2022. The plant was shuttered in the wake of the 2011 Fukushima disaster, and has sat idle since.
JAPAN
Jun 23, 2024

World’s largest nuclear plant sits idle while energy needs soar

The Kashiwazaki-Kariwa plant has the potential capacity to power more than 13 million households.
Families of those killed in Boeing 737 Max 8 plane crashes hold up pictures of their deceased loved ones as the planemaker's CEO Dave Calhoun testifies before a Senate Homeland Security and Governmental Affairs Committee Investigations Subcommittee hearing on the safety culture at Boeing, on Capitol Hill in Washington on June 18.
BUSINESS / Companies
Jun 24, 2024

U.S. prosecutors recommend DOJ criminally charge Boeing as deadline looms

They concluded the planemaker had violated a settlement related to two fatal crashes in 2018 and 2019 involving its 737 MAX jet, source say.
Adidas CEO Bjorn Gulden at Adi-Dassler-Sportplatz in Herzogenaurach, Germany, on June 10.
BUSINESS / Companies
Jun 25, 2024

Adidas CEO rides Samba craze to revive brand after Ye debacle

Adidas' stocks have more than doubled from when Bjorn Gulden was announced as the new boss 18 months ago.
Workers assemble second-generation R1 vehicles at electric carmaker Rivian's manufacturing facility in Normal, Illinois, on Friday.
BUSINESS / Companies
Jun 26, 2024

Volkswagen's $5 billion investment in Rivian boosts EV maker's shares

The investment will provide Rivian the funding necessary to develop its less expensive and smaller R2 SUVs, and help it turn cash-flow positive.
An employee works on a laptop next to a drone at SD Guthrie's Sungai Linau estate in Selangor, Malaysia, on June 6.
BUSINESS / Tech
Jun 29, 2024

Robots are stepping into one of Asia’s dirtiest farm jobs

With global stockpiles of palm oil set for the first back-to-back decline in more than 40 years, Malaysia is pushing for automation to boost production.
Samsung workers chant slogans during a walkout outside the company’s semiconductor plant in Hwaseong, South Korea, on Monday.
BUSINESS / Companies
Jul 8, 2024

Samsung union steps up pressure over pay with three-day strike

The union has spent weeks preparing for the walkout, after negotiations over pay and vacation time collapsed last month.
U.S. President Donald Trump and SpaceX and Tesla CEO Elon Musk in Cape Canaveral, Florida, on May 30, 2020
BUSINESS / Companies
Aug 13, 2024

Musk scorns subsidies, but Tesla still lobbies for U.S. benefits

Despite Musk's gradual embrace of Trump, the company continues to lobby the U.S. and state governments for benefits championed by the Democratic Party.
In this NASA handout, a United Launch Alliance Atlas V rocket with Boeing’s CST-100 Starliner spacecraft onboard at Space Launch Complex 41 ahead of a test flight at Cape Canaveral Space Force Station in Florida in July 2021.
BUSINESS / Companies
Aug 26, 2024

Boeing's CEO faces hard choices after NASA snubs Starliner for SpaceX

The specter of NASA astronauts being stuck in space is just one embarrassing moment of many for Boeing during an epically bad year.
He Xiaopeng, co-founder and chief executive officer of XPeng, speaks at a launch event for the company's Mona M03 electric vehicle in Beijing on Tuesday.
BUSINESS / Companies
Aug 28, 2024

China’s Xpeng aims to expand with mass-market cars and Europe production

The company also plans to set up a large-scale data center in Europe as efficient software collection becomes paramount for cars’ intelligent driving features.
X owner Elon Musk speaks at the 27th annual Milken Institute Global Conference at the Beverly Hilton in Los Angeles in May.
BUSINESS / Tech
Aug 31, 2024

Brazil judge bans X as Elon Musk challenges top court’s orders

The platform's ban caps a monthslong feud between Musk and Supreme Court Justice Alexandre de Moraes, who is spearheading efforts to combat fake news.
U.S.-based asset manager Artisan Partners asked Seven & I, operator of 7-Eleven stores, to brief shareholders on the status of takeover negotiations with Alimentation Couche-Tard by Sept. 19.
BUSINESS / Companies
Sep 1, 2024

Seven & I shareholder pushes for negotiations with Couche-Tard

U.S.-based asset manager Artisan Partners asked Seven & I to brief shareholders on the status of takeover negotiations by Sept. 19.

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