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July 28, 2025
 

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A deal between Mitsubishi Electric and Australia’s Department of Defence taps the company’s know-how in electronic and optical systems.
JAPAN / Politics
Oct 20, 2023

In industry first, Mitsubishi Electric secures defense deal with Australia

The deal taps the company’s know-how in electronic and optical systems.
BUSINESS / Companies
Oct 20, 2023

Transport ministry moves to punish Bigmotor outlets over fraud

Violations by the used car chain have included overcharging customers for inspection and maintenance fees.
Daiichi Sankyo is aiming for at least ¥900 billion of revenue from its oncology business in the fiscal year ending in March 2026.
BUSINESS
Oct 20, 2023

Merck signs $5.5 billion deal with Daiichi for cancer therapy development

Daiichi Sankyo is aiming for at least ¥900 billion of revenue from its oncology business in the fiscal year ending in March 2026.
The arrests of an executive and two former employees of WPP, one of the world’s biggest advertising companies, involved WPP’s GroupM media trading division and included a raid on offices in Shanghai.
ASIA PACIFIC / Crime & Legal
Oct 21, 2023

WPP employee arrested and offices raided by Chinese police

An executive and two former employees of WPP, one of the world’s biggest advertising companies, have been arrested in China.
In recent years, China has arrested dozens of Chinese and foreign nationals on suspicion of espionage.
WORLD / Politics
Oct 22, 2023

China says it uncovered another U.S. spy

In recent years, China has arrested dozens of Chinese and foreign nationals on suspicion of espionage.
BUSINESS / Companies
Oct 23, 2023

Race to develop new laundry detergent heats up in Japan

Manufacturers are racing to offer detergent products that come in single washing amounts and do not require measurement.
An electronic stock board in Tokyo. Kokusai Electric is set to go public on the Tokyo Stock Exchange on Wednesday.
BUSINESS / Markets
Oct 24, 2023

KKR poised for Kokusai payoff with largest Japan IPO since 2018

The American private equity firm acquired the business from Hitachi Kokusai Electric through a tender offer in 2018.
Nippon Life Insurance will focus purchases on 30-year JGBs, with the current yield of above 1.8% "good in terms of absolute level," a representative for the insurer said at a recent briefing.
BUSINESS / Markets
Oct 27, 2023

Japan's life insurers to boost JGB buying but wary of policy shift

Nippon Life, Dai-Ichi Life and Meiji Yasuda Life were among those who said they aimed to buy the longest-dated JGBs amid the highest yields in a decade.
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing on Capitol Hill in Washington in February 2022.
BUSINESS / Companies
Oct 28, 2023

FTX founder admits 'mistakes' but testifies he didn't defraud anyone

FTX founder Sam Bankman-Fried insisted he did not steal billions of dollars from customers when the cryptocurrency exchange collapsed last year.
Ryo and Kaho Nagata greet a regular customer from the second floor of their cafe in Fukuyama, Hiroshima Prefecture.
JAPAN / Society / Regional Voices: Hiroshima
Nov 6, 2023

Young migrants bring vitality to rural Hiroshima

Some new residents found a place where they could try something new, as well as having cheaper rents for stores and homes compared to Tokyo.
A man stands next to a robot in use at ROLEC Gehause-Systeme in Rinteln, Germany on Oct. 6
BUSINESS / Companies
Oct 31, 2023

As baby boomers retire, German businesses turn to robots

Small and medium-sized companies are turning to automation as the gradual retirement of the post-war "baby boom" generation tightens the labor squeeze.
Toyota President Koji Sato speaks next to an FT-3e electric vehicle at the Japan Mobility Show in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023

Toyota raises profit forecast 50% on weak yen, record sales

With an unprecedented 5.6 million vehicles sold in April-September, Toyota is on track for its 11.4 million-unit goal.
Prime Minister Fumio Kishida chats with Finance Minister Shunichi Suzuki (left) in a parliamentary session in October.
BUSINESS / Economy / FOCUS
Nov 2, 2023

Kishida distances himself from panel report backing tax overhaul

The advisory panel's medium-term reform proposal could mean higher taxes for salaried workers.
The McKinsey & Company logo at the 54th International Paris Airshow on June 21
BUSINESS / Companies
Nov 8, 2023

Top consultancy undermining climate change fight: whistleblowers

Privately, the U.S.-based firm offers energy scenarios at odds with its public climate goals to the summit's decision-makers.
The family grave of Toshihide Matsumoto is dismantled in Himeji, Hyogo Prefecture. An increasing number of Japanese people are opting to permanently close their family graves as traditional family structures continue to change.
JAPAN / Society
Nov 9, 2023

Graying Japan faces a grave problem

Services designed to help people move or scatter their ancestors' ashes and close up family graves are experiencing increased demand.
Wei Hsin-hsi and his wife pose for a picture outside their family’s temple that is located inside the proposed expansion area of an industrial park in the Longtan district of Taoyuan, in Taoyuan, Taiwan September 22, 2023. REUTERS/Carlos Garcia Rawlins
ASIA PACIFIC
Nov 8, 2023

Taiwan's land squeeze pits advanced chips against ancestral temples

If TSMC shifts more production outside Taiwan, it could weaken the backbone of Taiwan's economy.
With water drawn from sources in upstate New York, new sake brewing facilities in the Empire State back by Niigata Prefecture's Hakkaisan will be producing bottles by 2024.
LIFE / Food & Drink
Nov 12, 2023

Hakkaisan and New York brewer to produce U.S.-based sake by 2024

The water for sake will come from upstate New York, while rice will come from California and Arkansas.
BUSINESS / Companies
Nov 10, 2023

Many Japanese firms log higher April-September net profits

The normalization of economic activity from the COVID-19 crisis and the depreciation of the yen have boosted earnings.
Cosmo Energy is calling another shareholder vote on Dec. 14 to seek approval to discourage an activist group, led by Yoshiaki Murakami, from increasing its stake to 24.56% from the current 20%.
BUSINESS
Nov 10, 2023

Japan's Cosmo braces for 'poison pill' anti-activist vote

The refiner is calling another shareholder vote on Dec. 14 to seek approval to discourage an activist group from increasing its stake.
BUSINESS / Companies
Nov 14, 2023

FSA to revoke Bigmotor's registration as insurance agent

The planned penalty follows an investigation into widespread acts at Bigmotor of deliberately damaging customers' vehicles to pad insurance claims.
BUSINESS / Companies
Nov 15, 2023

Japan’s Tsuruha weighs sale after proxy battle with Oasis

The company is working with an adviser on the potential transaction and has reached out to some private equity firms to gauge their interest.
Executives were scrambling for seats for dinner with Xi or to be put on a waiting list, according to people familiar with the situation.
BUSINESS / Companies
Nov 15, 2023

Elon Musk among cadre of CEOs hoping to woo China’s Xi

CEO summit on the sidelines of APEC will coincide with the most challenging trade climate in a generation.
The Formula One track in Las Vegas is lit up ahead of the Grand Prix on Wednesday.
MORE SPORTS
Nov 16, 2023

Formula One’s Las Vegas race isn’t living up to the hype

Liberty Media, the owner of F1, has started to lower profit expectations for the race, blaming unexpected costs.
A home that was burned in the Oct. 7 Hamas attack in Kissufim, an Israeli kibbutz. Antisemitic and Islamophobic hate speech has soared on social media platforms since the war broke out between Hamas and Israel.
WORLD / Society
Nov 16, 2023

Antisemitic and anti-Islam hate speech surges across the internet

On Oct. 7, the day Hamas attacked Israel, the hashtag #HitlerWasRight appeared on X, formerly known as Twitter. Over the next month, more than 46,000 posts featured the hashtag, often alongside language that called for violence against Jews.
Mika and Jesse say their landlady prefers a hands-off style of property management, leaving all matters, including maintenence and repairs, to the renting couple.
LIFE / Lifestyle
Nov 18, 2023

Renting akiya: A backdoor into Japan's abandoned homes

“If the choice is between leaving (an akiya) empty or renting it out, please rent it out.”
BUSINESS / Tech
Nov 17, 2023

Ispace to launch second moon mission following crash

The mission will launch on a SpaceX Falcon 9 rocket as early as the northern hemisphere winter of 2024.
Overflowing trash next to a vending machine in the Asakusa district of Tokyo, which is popular with tourists, in March
JAPAN / Science & Health
Nov 18, 2023

Trash cans make techie comeback in Japan as tourists flood cities

This week, the tourist-heavy Dotonbori district in Osaka installed around 20 new technologically enabled garbage cans called SmaGO.
Taiwan Semiconductor Manufacturing Co.'s factory currently under construction in Kikuyo, Kumamoto Prefecture
BUSINESS / Tech
Nov 21, 2023

TSMC eyes third Japan chip plant with cutting-edge 3 nanometer tech

Another plant in Japan, this one making advanced 3-nanometer (3nm) chips, would potentially turn Japan into a major global chipmaking hub.
JAPAN / Crime & Legal
Nov 21, 2023

Japan to ban marijuana-derived substance found in gummy candies

An expert panel at the health ministry decided to officially add the HHCH synthetic compound to a drug list, with the ban taking effect from Dec. 2.
A worker cleans a table in an empty McDonald's restaurant in Cairo on Monday.
BUSINESS / Companies
Nov 23, 2023

Boycott campaigns over Gaza hit Western brands

Companies are feeling the impact in Egypt and Jordan, and there are signs the campaign is spreading in some other Arab countries.
‘Demon Slayer’ movie slashes its own box office records
“Demon Slayer: Kimetsu no Yaiba Infinity Castle” is the first installment in a trilogy that's set to wrap the anime adaptation of Koyoharu Gotoke's manga about sword-wielding heroes fighting man-eating demons.
Kyoto University researchers find mechanism behind malignant pancreatic cancer
Pancreatic cancer, the third-leading cause of cancer death in Japan, has the lowest five-year survival rate of any cancer at just 8.5%.
Tokyo is the No. 2 choice for international students
The University of Tokyo. International students are increasingly flocking to Asia, with affordability being a particularly important metric.
Ishiba rules out joint document on U.S. tariffs as deal's details trickle out
Prime Minister Shigeru Ishiba delivers a speech at an event in Karuizawa, Nagano Prefecture, on Friday afternoon.
Japan's average life expectancy in 2024 almost unchanged from 2023, data shows
The average life expectancy of Japanese citizens in 2024 is 81.09 years for men and 87.13 years for women, according to the health ministry.
Amid fossil fuel shift in U.S., hope emerges for India and Japan tie-up on solar
A technician works on the assembly line at a solar panel manufacturing hub on the outskirts of New Delhi last October.
Behind the scenes: Inside Fuji Rock’s strategy for staying on top
In recent years, Fuji Rock has had fewer blockbuster performers and showcased more top-selling Japanese acts and international musicians' first-time performances in Japan.
Tokyo is the No. 2 choice for international students
The University of Tokyo. International students are increasingly flocking to Asia, with affordability being a particularly important metric.
Hall of Fame always held deeper meaning for Ichiro
Ichiro presents then-Hall of Fame President Jeff Idelson with the bat he used to break the single-season hits record in 2004.
Japan leans into homegrown AI amid rising competition
McKinsey’s 2025 Technology Trends Outlook, published Wednesday, says that the use of “sovereign AI” is a trend gaining significant global traction, including in Japan.

Podcast

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

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear
By Jason Coskrey

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