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August 02, 2025
 

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A representative explains the features of the Afeela electric vehicle, a Honda-Sony Mobility concept car, at the CES 2024 trade show, in Las Vegas on Jan. 9. The Honda-Sony alliance plans to deliver its first EV model in the spring of 2026 in North America.
BUSINESS / Companies
May 16, 2024

Honda to double investment in electric vehicles and software

The automaker had planned to invest ¥5 trillion ($32.3 billion) for the 10 years through March 2031, but it now plans to spend ¥10 trillion by that point.
Japan's digital trade deficit in 2023 was up about 2.6 times over nine years since 2014, as smartphones have become ubiquitous tools and the digital services sector is dominated by U.S. information technology giants.
BUSINESS / Economy
May 20, 2024

Japan's digital trade deficit continues to expand

The deficit in Japan's balance of payments in digital services continues to expand steadily.
The main targets of a new bill on smartphone software are the app stores provided by Google and Apple, as consumers effectively have only two choices for smartphone operating systems: Apple's iOS or Google’s Android.
BUSINESS / Tech
May 22, 2024

Japan aims to curb Apple and Google's smartphone app duopoly

A new bill would compel dominant platforms to allow third parties to launch their own app markets and to offer more payment options.
Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California.
BUSINESS / Economy
May 25, 2024

USTR extends some Chinese tariff exclusions, but many to fall away

Friday's action means certain goods will maintain exclusions from import tariffs.
Nvidia's shares have surged nearly 13% since it forecast second-quarter revenue above Wall Street expectations last week and announced a stock split.
BUSINESS / Companies
May 29, 2024

AI darling Nvidia's market value surges closer to Apple

Nvidia's shares have surged nearly 13% since it forecast second-quarter revenue above Wall Street expectations last week and announced a stock split.
Google says it will invest $2 billion in Malaysia to develop its first data center and Google Cloud region in the country.
BUSINESS / Companies
May 30, 2024

Google to invest $2 billion in data center and cloud services in Malaysia

The government says the investment will advance Malaysia's digital ambitions.
A hydrogen storage tank with an under-construction green hydrogen compressor at a liquid fuels facility in Sasolburg, South Africa.
BUSINESS / Companies
Jun 13, 2024

South Africa’s biggest green-hydrogen project woos Japanese investors

If approved, the plant will use 3,700 megawatts of renewable power generation capacity to split water to produce 1 million tons of hydrogen a year.
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.
Softbank Group CEO Masayoshi Son speaks during the annual general shareholders' meeting in Tokyo on Friday.
BUSINESS / Companies
Jun 21, 2024

SoftBank’s Son aims to create ‘super’ AI in new investment drive

He envisions a future when Arm Holdings chips support an ecosystem of technology that can collectively cure cancer, clean houses and play with children.
The investigation into the Chinese telcos is the latest effort by Washington to prevent Beijing from exploiting Chinese firms' access to U.S. data to harm U.S. companies, Americans or its national security as part of a deepening tech war between the geopolitical rivals.
BUSINESS / Tech
Jun 25, 2024

U.S. probing Chinese telcos over internet and cloud risks

Their cloud services and routing of wholesale U.S. internet traffic raise concerns that they could exploit access to American data by providing it to Beijing.
Fast fashion e-commerce company Shein's logo outside its office in Guangzhou, China, on June 11
BUSINESS / Companies
Jun 25, 2024

What is at stake for China-founded Shein as EU rule looms

Shein has faced more than 90 lawsuits alleging it plagiarized others’ designs or products.
Rakuten CEO Hiroshi Mikitani said that the mobile company now has more than 7 million subscribers, and is seeking to hit 10 million subscribers next.
BUSINESS / Companies
Jun 27, 2024

Money-losing Rakuten Mobile rolls out new 700 MHz service

The new offering, which is being introduced incrementally, will improve connectivity, including in densely populated areas, it says.
The number of construction workers in Japan stood at 4.83 million in 2023, down by more than 2 million from the peak of 6.85 million in 1997.
BUSINESS / Companies
Jul 1, 2024

Amid labor shortages, Japanese builders urged to improve conditions

The government is advocating wage increases and the full implementation of a five-day workweek.
Renesas Electronics CEO Hidetoshi Shibata
BUSINESS / Companies
Jul 3, 2024

Ex-banker behind chipmaker Renesas targets $100 billion value

Renesas’ push coincides with an aggressive campaign by Japan to turn the world’s fourth-largest economy into a chip powerhouse.
Mizuho Securities is starting a fund to create opportunities for third-party investment into Japan's animation film sector that has created globally popular works such as "Demon Slayer."
BUSINESS / Companies
Jul 17, 2024

Mizuho fund to invest in Japan’s popular but cash-needing anime scene

For investors, Mizuho's fund will be an opportunity to park their money in a sector famous for works like "Demon Slayer."
Sanyo Shokai sells custom-ordered T-shirts from Spanish clothing brand Ecoalf using digital printing technology.
BUSINESS / Companies
Jul 18, 2024

Digital printing of clothes drawing attention in Japan

The process allows for small-quantity production and caters to customers' tastes more precisely.
A Maruti Suzuki India showroom in New Delhi. Suzuki hopes to grab 50% share of the Indian market by 2030, targeting 15% of its sales in India to be electric vehicles by that time.
BUSINESS / Companies
Jul 22, 2024

Suzuki sees India’s automobile market growing fivefold by 2047

Promising growth in the electric vehicles segment is putting the South Asian country's car market on track to reach 20 million units by 2047.
Nidec separately announced it signed a memorandum of understanding on Monday with Tata Elxsi, an Indian technology service provider, to develop software programs for India and other markets.
BUSINESS / Tech
Jul 23, 2024

Japan's Nidec lifts annual profit outlook after first quarter

The company raised its expectations for operating profit in the financial year to the end of March 2025 to ¥240 billion ($1.53 billion).
Amazon has launched an online service enabling customers in Japan to purchase prescription medications without having to visit physical pharmacies.
BUSINESS / Companies
Jul 24, 2024

Amazon Pharmacy goes live in Japan

Through the new service, Japanese consumers will be able to obtain medications without having to visit physical pharmacies.
Men inspect an electric car at a showroom in Riyadh in June. Although the EV market in Saudi Arabia remains small compared with the United States and China, it tripled last year to nearly 800 cars.
BUSINESS / Tech
Jul 25, 2024

EV adoption gathers steam in fossil fuel-rich Saudi Arabia

The kingdom's EV market tripled last year to nearly 800 cars, according to Saudi business news outlet Al-Iqtisadiyah.
Joining the revolution brought by the era-defining release of ChatGPT requires a supply of cash that only tech behemoths like Microsoft can provide.
BUSINESS / Tech
Jul 29, 2024

AI startups swap independence for Big Tech's deep pockets

In the past few months promising companies have seen founders and key executives quietly exit the stage to join the world's dominant tech companies.
A container-sized cabin produced by Zheng Weirong's company
BUSINESS / Economy
Aug 13, 2024

Chinese swap handbags for trips as ‘experience economy’ booms

Consumer spending in China is still constrained by modest income growth and falling home prices, which make homeowners feel less wealthy overall.
Kirin Holdings President Takeshi Minakata at the company's headquarters in Tokyo on Wednesday
BUSINESS / Companies
Aug 29, 2024

Kirin clinched Fancl takeover to propel health pivot, president says

Fancl fits into a health science portfolio that Kirin aims to grow into a new pillar of the group.
Ryobi Holdings has hired Kyosuke Suzuki, a former currency trader at Societe Generale, to set up an artificial intelligence-powered hedge fund specializing in forex.
BUSINESS / Companies
Sep 3, 2024

Bus group Ryobi sets up forex fund to survive population fall

The move follows its previous investments in real estate, supermarkets and other areas as it tries to secure funds to maintain its bus fleet and grow.
The Mountain Pass mine, operated by MP Materials in California, is the only rare earths mine in the United States.
BUSINESS / Economy
Sep 17, 2024

China’s grip on rare earths undercuts projects from U.S. to Japan

Japan's experience reducing its dependence on China shows that rare earths projects take longer and are more expensive than initially expected.
Kioxia Holdings was reportedly planning an initial public offering in October valuing it at $10 billion.
BUSINESS / Companies
Sep 25, 2024

Kioxia reportedly pulls IPO as AI winter looms

The IPO delay comes as the chip business globally faces a number of challenges related to possible overcapacity in some products.
The Financial Services Agency is set to begin a review of cryptocurrency rules, opening up the possibility of lower taxes on digital assets.
BUSINESS / Markets
Oct 1, 2024

Japan crypto review may open door to lower taxes and dedicated ETFs

The Financial Services Agency in coming months will assess whether the current approach of regulating crypto under the payments law is adequate.
An electric vehicle (EV) at an Electrify America charging station in Atlanta
BUSINESS / Tech
Oct 7, 2024

The future of EV charging looks a lot like an airport lounge

The convenience of nicer charger stations could entice would-be electric vehicle drivers to take the plunge and buy one,
ASML shares slumped 16% on Tuesday after third-quarter figures were mistakenly released earlier than scheduled.
BUSINESS / Companies
Oct 16, 2024

ASML shares plunge as bookings miss signals chipmaker woes

Its 16% tumble — the biggest decline since 1998 — also triggered a broad downturn in chip-related stocks.
The Saudi Aramco logo at the Hyvolution exhibition in Paris on Feb. 1
BUSINESS / Companies
Oct 16, 2024

Aramco cancels Saudi chemical project as it focuses on Asia

Aramco is pursuing a series of deals in China that would guarantee long-term demand for Saudi crude.
Why did such a powerful earthquake produce such a weak tsunami?
A person records images of waves following a tsunami advisory generated by local authorities after an earthquake struck off Russia's Kamchatka Peninsula, prompting warnings and evacuations stretching across at the South Pacific, in Vina del Mar, Chile, on Wednesday.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
80 years on, former teacher conveys history of hidden island in World War II
Masayuki Yamauchi teaches junior high school students about the history of Okunoshima, an island in Takehara, Hiroshima Prefecture, in May.
1,010 food and beverage prices to rise in Japan in August
The price increases in August will be especially noticeable for dairy products, including milk and yogurt, according to the research firm Teikoku Databank.
GTN takes a chance on newcomers to Japan
Hiroyuki Goto, president of GTN. The company started after Goto personally co-signed leases for around 20 non-Japanese people, including some friends and friends of friends.
GTN takes a chance on newcomers to Japan
Hiroyuki Goto, president of GTN. The company started after Goto personally co-signed leases for around 20 non-Japanese people, including some friends and friends of friends.
Artist Chiharu Shiota weaves a hidden marvel on Teshima
“Memory of Lines” is Chiharu Shiota’s second art installation on Teshima as part of the Setouchi Triennale.
How the Japanese TV industry is changing
Fuji TV headquarters in Tokyo's Minato Ward. Fuji TV came under fire over the manner in which it handled a case of “sexual trouble” involving former boy band member Masahiro Nakai and a female announcer.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
Why Ishiba refuses to quit even amid intense pressure for him to go
Supporters of Prime Minister Shigeru Ishiba take part in a rally across the street from the Prime Minister's Office on Friday.

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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