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July 29, 2025
 

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Mitsubishi UFJ, Mizuho and Sumitomo Mitsui are enjoying record earnings and they are determined to fund overseas expansion.
BUSINESS / Companies
Dec 10, 2024

Japan's megabanks are flush with cash and hunting overseas deals

The primary focus is on the U.S. and India, respectively the world’s largest economy and the fastest-growing.
Izumi Kobayashi, director of Mizuho Financial, Omron and ANA, speaks during the Reuters Next conference in New York on Tuesday.
BUSINESS
Dec 11, 2024

Mizuho director says companies should not overreact to Trump's tariff threats

It would be difficult for companies to withdraw from China given its mammoth size, said Izumi Kobayashi.
International Gymnastic Federation Morinari Watanabe is one of seven candidates running to succeed current International Olympic Committee President Thomas Bach.
OLYMPICS
Dec 12, 2024

IOC presidential hopeful Morinari Watanabe calls for changes in marketing strategy

Watanabe is one of seven candidates running to lead the IOC.
Investors' expectations for corporate governance reform triggered by the Tokyo Stock Exchange’s campaign have been a major driver of the rally in Japanese stocks over the last two years, but the market’s historic crash in early August has changed the dynamics.
BUSINESS / Markets
Dec 13, 2024

Cheap valuations are out as investors like new metric for Japan stocks

Investors are now trying to identify companies that have strong fundamentals but have a lot to gain by improving capital allocation, one portfolio manager said.
The Stratos direct air capture facility, a joint venture between Occidental Petroleum and asset manager BlackRock, in Ector County, Texas
ENVIRONMENT / Energy / ANALYSIS
Dec 14, 2024

Earthquakes and blowouts undermine case for carbon storage in Texas

Texas has seen surging interest from companies hoping to bury carbon dioxide in its oilfields.
A Taiwan High Speed Rail bullet train arrives at Nangang Station in the city of Taipei.
BUSINESS
Dec 17, 2024

Taiwan’s bullet train a testament to shinkansen’s export potential

The line runs the length of Taiwan, over mountainous, unstable territory that makes the island a perfect test bed for the fast trains.
Kioxia Holdings will debut on the market Wednesday, but its initial public offering may get a cooler reception than anticipated.
BUSINESS / Companies
Dec 17, 2024

Chipmaker Kioxia faces a tough debut in Tokyo’s busy IPO arena

Investment in Kioxia faltered as parent Toshiba wrestled with years of scandals and crippling losses at nuclear giant Westinghouse, making it a shadow of its former self.
Russian and North Korean flags are attached to a car during a ceremony welcoming Russian President Vladimir Putin at an airport in Pyongyang on June 19.
WORLD / Politics
Dec 17, 2024

U.S. hits North Korea and Russia with new sanctions, Treasury says

The sanctions are the latest U.S. measure aimed at disrupting North Korea's support to Russia's war in Ukraine.
Daishiro Yamagiwa, the chairman of the Liberal Democratic Party's group for semiconductors, says a project to develop a domestic manufacturer of next-generation semiconductors is a battle for the nation's survival.
BUSINESS / Companies
Dec 18, 2024

Japan to support Rapidus even if it delays goal, chip czar says

"We’ve carried out our semiconductor strategy with determination and the Rapidus project is a core part of the strategy,” Daishiro Yamagiwa said.
Nippon Steel headquarters in Tokyo
BUSINESS
Dec 19, 2024

Nippon Steel to join iron ore mine project in Canada

Nippon Steel will acquire a 30% interest in the Kamistiatusset project. Its investment is seen exceeding ¥140 billion, including development costs.
Finnish Prime Minister Petteri Orpo (right) and Prime Minister Shigeru Ishiba in Tokyo on Dec. 10 prior to talks on political, trade and economic relations
JAPAN
Dec 20, 2024

Finnish PM seeks boosted military tech ties with Japan

“Finland is keen to deepen bilateral relations, and Japan is an important strategic partner for Finland,” Prime Minister Petteri Orpo told The Japan Times.
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
BUSINESS / Companies
Dec 21, 2024

Nippon Steel alleges undue White House influence on doomed deal review

The accusation was made in a Dec. 17 letter, signed by counsel for Nippon Steel and U.S. Steel, to the Committee on Foreign Investment in the United States.
The Japanese antitrust watchdog said that Google forced smartphone makers to preinstall its search app on their devices, sources say.
BUSINESS / Tech
Dec 23, 2024

Japan accuses Google of violating antimonopoly law

The Japanese antitrust watchdog said the U.S. company forced smartphone makers to preinstall its search app on their devices.
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.
David Nemecek
BUSINESS
Dec 25, 2024

The star dealmakers remaking the rules of corporate debt

The world of liability management is a small, aggressive and, thus far, male-dominated corner of corporate finance.
A Tesla Cybertruck
BUSINESS / Companies
Jan 3, 2025

Tesla annual deliveries fall for first time as incentives fail to drum up demand

CEO Elon Musk had earlier predicted "slight growth" in 2024 deliveries and offered a range of promotions including interest-free financing and free fast-charging to boost sales.
An attendee looks at a prototype of a 2-nanometer gate-all-around wafer produced by Rapidus and International Business Machines Corp. at the Semicon Japan exhibition in Tokyo in December.
BUSINESS / Tech
Jan 3, 2025

Japanese chip industry poised for a comeback

Chipmakers will either begin operating a pilot line or start production at new plants this year.
A drone view shows Gary Works, the largest integrated steel mill in the U.S., which is operated by U.S. Steel, in Gary, Indiana, on Dec. 12.
BUSINESS / Companies
Jan 6, 2025

Rival CEO allegedly spread doubt about Nippon Steel deal to Wall Street

The private remarks the CEO made throughout 2024 about the deal process show the extent of his effort to cast doubt.
Dai-ichi Life Insurance sold about ¥500 billion of Japanese government notes, mainly 20- to 40-year bonds, in the fiscal first half that ended in September.
BUSINESS / Companies
Jan 6, 2025

Dai-ichi Life takes ¥140 billion loss selling off long bonds

The insurer sold about ¥500 billion of Japanese government notes, mainly 20- to 40-year bonds, in the fiscal first half ended September.
SpaceX’s Falcon 9 rocket in Cape Canaveral, Florida
BUSINESS / Tech
Jan 6, 2025

Italy plans $1.6 billion SpaceX telecom security services deal

In 2024 alone, Elon Musk’s SpaceX has added more than 20 nations to its Starlink satellite internet service.
Paloma Rheem Holdings is offering to buy Fujitsu General, Fujitsu’s air-conditioner unit.
BUSINESS / Companies
Jan 7, 2025

Japanese oven maker to buy out Fujitsu General for $1.6 billion

Paloma Rheem Holdings is offering to pay Fujitsu General stockholders ¥2,808 a share, or as much as ¥164.7 billion.
Toyota Chairman Akio Toyoda speaks during the 2025 CES event in Las Vegas on Monday.
BUSINESS / Companies
Jan 7, 2025

Toyota invests in Japanese rocket startup as SpaceX races ahead

The investment is the latest sign of progress in the Japanese government’s push to nurture the country’s private space sector.
Taiwanese authorities are investigating the Shun Xing 39, a Chinese-owned, Cameroon-flagged cargo ship, on suspicions of damaging a subsea telecoms cable northeast of the island, Taiwan's coast guard said on Monday.
ASIA PACIFIC / Politics
Jan 8, 2025

Ship alleged to have damaged Taiwan's undersea cable ‘has multiple IDs’

Taiwan says the Chinese-linked ship appeared to use two sets of Automatic Identification System equipment, which is used to broadcast a vessel’s position.
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada on Monday.
BUSINESS / Tech
Jan 9, 2025

Biden to further limit AI chip exports in final push

The regulations would create three tiers of chip trade restrictions, granting full access to allies, limited access to most of the world and virtually no access to adversaries.
Kaz Shiomi is looking forward to the Osaka Expo this year, which will be held from April 13 to Oct. 13.
COMMUNITY / Our Lives / 20 QUESTIONS
Jan 10, 2025

Kaz Shiomi: ‘I want to show people … how to color outside the lines’

Producing toys under her kiko+ & gg* brand, the business owner hopes to encourage children to find their own unique paths in life.
Dana White, the CEO of the Ultimate Fighting Championship, speaks during the Republican National Convention in Milwaukee on July 18.
MORE SPORTS
Jan 11, 2025

UFC seeks more than $1 billion a year in next TV rights deal

The UFC’s deal with Walt Disney Co.’s ESPN expires at the end of 2025, and the two sides are entering an exclusive negotiating window later this month.
The U.S. Supreme Court justices on Friday expressed skepticism about a challenge from TikTok and its Chinese parent company ByteDance.
BUSINESS / Tech
Jan 13, 2025

What happens after the TikTok ban?

TikTok's future in the U.S. is uncertain as the Supreme Court weighs security concerns, with a potential ban or forced sale looming on Jan. 19. Here's how it could play out.
U.S. Steel’s Edgar Thomson Steel Works in Braddock, Pennsylvannia, in 2019. Nippon Steel and U.S. Steel face significant legal challenges in their case against the United States.
BUSINESS / Companies
Jan 15, 2025

Nippon Steel’s case against Biden probably unwinnable, attorneys argue

A U.S. president's rejection of a deal following review by the Committee on Foreign Investment in the United States has only been successfully challenged once.
The influx of foreign tourists in Japan is pushing up hotel room prices, forcing some business travelers to stay at capsule hotels.
BUSINESS / Economy
Jan 15, 2025

Japan's tourism boom prices out local business travelers

The average price of a basic room at a business hotel in Tokyo has nearly doubled between 2019 and last year.
Fans wait in line to meet Webtoon Entertainment creators during the company’s initial public offering at the Nasdaq Market site in New York in June 2024.
BUSINESS
Jan 16, 2025

Webtoon invests in Japanese webcomic studio No. 9 as manga booms

Webtoon’s first investment since its U.S. initial public offering in June is meant to strengthen its content pipeline in Japan.
Japan to start new residency system for foreign workers
Students hoping to work in Japan attend a Japanese class at a job placement company in Hanoi in October 2022.
Japan to regularly accept assistant language teachers from India
Indian assistant language teachers pose for a photo with Japanese Ambassador Keiichi Ono (center) at the Japanese Embassy in New Delhi on Friday.
With Hall of Fame induction, Ichiro makes himself heard loud and clear
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.
‘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%.
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.
Three decades and a pile of notebooks: The beat writer who chronicled Ichiro’s career
Reporters and photographers, including long-time baseball beat writer Keizo Konishi, swarm around Ichiro Suzuki during the World Baseball Classic in San Diego in 2009.
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.
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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