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August 13, 2025
 

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Activist investor campaigns are becoming more commonplace in Japan as the government and the Tokyo Stock Exchange encourage companies to boost shareholder returns.
BUSINESS / Companies
Apr 30, 2024

Elliott Management's Sumitomo stake reflects growing activism in Japan

Elliott has built a large holding in Sumitomo after investing several tens of billions of yen in the trading house backed by Warren Buffett.
Peaches grown in Fukushima Prefecture. A so-called zebra firm in the prefecture is selling substandard fruits to greengrocers in urban areas, which leads to higher incomes for local farmers.
JAPAN
Apr 30, 2024

Japan eyes socially mindful startups to boost regional economies

Starting in June, the government will launch pilot projects to help such startups cooperate with local governments, banks and companies.
Smokestacks at an Israel Electric Corp power station are seen from the Mediterranean, about 10 kilometers from the coastal Israeli city of Hadera, in 2014.
WORLD
May 2, 2024

Could Israel keep the lights on and water running during regional war?

Israel's energy minister says blackouts and disruptions are unlikely in the country in the case of a multifront war.
Amazon’s Just Walk Out technology, which allowed customers to grab grocery items from a shelf and walk out of the store, is reportedly being phased out of its grocery stores.
COMMENTARY / World
May 2, 2024

Amazon's AI stores seemed too magical. And they were.

There are plenty more examples of companies that have failed to mention humans pulling the levers behind supposedly cutting-edge AI technology.
The Kioke Summit on Shodoshima has seen a steady rise in participants from dozens in its early days 12 years ago and about 100 in 2019 to more than 600 this past February.
LIFE / Food & Drink
May 8, 2024

On Japan’s island of olives, age-old shoyu secrets survive

Each Kioke Summit features many activities including a "kioke" auction — shoyu fermentation barrels that fetch anywhere from ¥60,000 to ¥450,000.
Nomura Holdings is targeting 20% revenue gains for its global markets unit over the next few years.
BUSINESS / Companies
May 7, 2024

Nomura targets 20% revenue growth from global markets business

The target builds on last year's 8% growth and follows a two-year revamp of trading teams for its rates and fixed-income business in Asia and EMEA.
A news conference is held following a settlement being reached in a labor tribunal proceeding in Tokyo.
JAPAN / Crime & Legal / FOCUS
May 7, 2024

Nondisclosure issue a lingering problem in Japan labor cases

One worker in Osaka Prefecture is contesting a nondisclosure clause that was added to her labor tribunal case's resolution against her will.
Auto parts maker Toyoda Gosei makes bags and other items by reusing its mainstay air bag products.
JAPAN
May 7, 2024

Upcycling efforts spread among Japanese companies

Japanese companies are increasingly engaging in upcycling efforts, or adding new value to used products and waste materials, as part of their environmental and social contributions and to generate profits.
A police officer handles money seized during an operation against 'Ndrangheta in this photo taken at an unknown location in Italy on Sept. 6.
WORLD / Crime & Legal
May 8, 2024

Italy's mafia forgoes extortion, turns to white-collar crime

With extortion rackets falling out of fashion and murders largely frowned upon by the godfathers, Italy's mafia is venturing into white-collar crime.
Grant Shapps, U.K. defense secretary, departs following a meeting of cabinet ministers at 10 Downing Street on Nov. 22, 2023.
ASIA PACIFIC / Politics
May 8, 2024

China seen hacking systems to build profiles of U.K. defense personnel

The U.K. is accusing China of using hacked data to build up their profiles of British military personnel and those in sensitive roles.
A group of fishing boats sit next to the Mekong river in Phnom Penh in 2021.
BUSINESS
May 8, 2024

Cambodia to cut shipping through Vietnam with China-funded canal

Cambodia's deputy prime minister downplayed environmental concerns about the new canal and dismissed speculation Chinese warships could use it.
Toyota said its group net profit in the fiscal year that ended in March nearly doubled from the previous year to hit a record high, due to robust sales of hybrid vehicles.
BUSINESS / Companies
May 8, 2024

Toyota posts record net profit on weak yen and strong hybrid sales

The carmaker saw a 31% jump in sales of hybrid vehicles, bringing the total to 3.7 million, while sales of purely electric cars were 116,500.
Pasco Shikishima has recalled 104,000 packs of its white Chojuku bread after parts of a rat's body were discovered in two of them.
JAPAN / Science & Health
May 9, 2024

Japan bread recalled after rat parts found inside packs

Pasco Shikishima has recalled over 100,000 packets of its processed white Chojuku bread and suspended the assembly line that produces it pending a probe.
With a rise in the number of single elderly people in Japan, local governments are offering support for their end-of-life preparations.
JAPAN / Society
May 9, 2024

Japan local governments offering support for end-of-life preparations

According to a health ministry survey, the number of single-person households with members aged 65 or older came to 8.73 million in 2022.
SoftBank Group is in talks to acquire Graphcore, a struggling British semiconductor startup.
BUSINESS / Companies
May 9, 2024

SoftBank said to be in talks to buy troubled AI chip firm Graphcore

Graphcore reported just $2.7 million in revenue for 2022, a 46% drop from the prior year, according to its latest financial report.
Panasonic Energy's operating profit for the past business year fell short of its forecast due to lower electric vehicle battery production in Japan.
BUSINESS / Companies
May 9, 2024

Panasonic's battery unit misses annual profit estimate

Panasonic Energy faces fierce competition from other Asian battery makers such as China's CATL and South Korea's LG Energy Solution.
J-Power's Takasago thermal power plant in Takasago, Hyogo Prefecture in 2022
BUSINESS / Companies
May 10, 2024

J-Power may close up to five coal power plants by fiscal 2030

The company's objective is to slash emissions by 46% from 2013 levels by 2030.
Steelmakers' concerns about BHP's coking coal market power could derail a deal between BHP and Anglo American.
BUSINESS / Companies
May 10, 2024

BHP-Anglo American deal raises alarm in Japan's steel industry

Australia is the world's biggest exporter of coking coal and top supplier to Japan, making up around 60% of its imports.
Ryoken Hirayama, 25, is escorted by police as he leacves the Osaki police station in Tokyo's Shinagawa Ward on April 22. Hirayama is the first of six people arrested in connection with the murder of a Tokyo couple in Tochigi Prefecture to be charged with murder.
JAPAN / Crime & Legal
May 11, 2024

Suspect, 25, first to be hit with murder charge over bodies found in Tochigi

A total of six people have been arrested over the incident, but the man, Ryoken Hirayama, is the first to be charged with murder.
Former U.S. Marines Corp pilot Daniel Duggan, who is facing extradition to the United States for allegedly breaking U.S. arms control law after he trained Chinese pilots, poses for a picture in this undated handout picture.
WORLD / Crime & Legal
May 13, 2024

Former U.S. Marine pilot held in Australia 'worked with Chinese hacker'

But the hacking case had nothing to do with him and there is no evidence that the pilots he trained in China were members of the military, his lawyer says.
Kai-Fu Lee, chairman of Sinovation Ventures
BUSINESS / Tech
May 13, 2024

Tech pioneer Kai-Fu Lee's AI venture aims to deliver China's ChatGPT moment

Beijing bars foreign AI models in part due to strict censorship, but that also ensures domestic players have a big local market without global competition.
A demonstrator holds a music score while singing the “Glory to Hong Kong” protest song during a flash mob protest in Hong Kong in September 2019.
ASIA PACIFIC / Politics
May 15, 2024

Videos of Hong Kong protest song blocked on YouTube after court order

The Court of Appeal granted an injunction that holds platforms responsible for hosting the song, exposing global internet companies to new legal risks.
Residents who sought to stop the restart of the No. 2 reactor of the Shimane nuclear power plant hold up signs saying "The judiciary abandoned residents" and "Our voices did not reach it" on Wednesday in Matsue, Shimane Prefecture, after a court dismissed their petition.
JAPAN
May 15, 2024

Court rejects petition to halt Shimane nuclear reactor

The court also dismissed residents' claim that evacuation plans for the 820,000-kilowatt unit in the prefectural capital of Matsue were inadequate.
Tourists and locals stroll along Tokyo's Ginza shopping district where some roads are closed off for pedestrians due to the national holiday on April 29.
BUSINESS / Companies
May 15, 2024

Fortress’s Japan hotel unit doubles pay to fight labor shortage

MyStays Hotel Management is offering monthly salaries of ¥500,000 ($3,210) for new hires into its fast-track program.
Taiwan’s experience offers valuable lessons for China, the most important being the “financialization of innovation,” whereby technology investment is funded by risk capital from the stock market rather than by the risk-adverse banking system.
COMMENTARY / World
May 15, 2024

China should emulate Taiwan’s tech policies

A small island with few natural resources, Taiwan punches well above its weight. From 1980-2008, its annual real GDP averaged 6.8%.
Strong sales of Prius hybrids are delivering a cash boost for Toyota to invest in fully-electric cars.
BUSINESS / Companies
May 16, 2024

Hybrids delivering cash chest for Toyota and Honda’s EV ambitions

With the shift to battery-electric vehicles clearly taking much longer than anticipated, consumers are voting for hybrids with their wallets.
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
JAPAN / Crime & Legal
May 16, 2024

Japanese billionaire sues Meta over investment scams using his image

Yusaku Maezawa is suing Meta for its negligence in regulating the use of his name and image in investment scams on its social media platforms.
Nippon Steel, Japan’s top steelmaker, is sending Vice Chairman and Executive Vice President Takahiro Mori to Pittsburgh next week where he’ll meet with local staff and elected officials.
BUSINESS / Companies
May 18, 2024

Nippon Steel boosts efforts to woo U.S. Steel workers and politicians

Japan’s top steelmaker is sending Vice Chairman and Executive Vice President Takahiro Mori to Pittsburgh, where he’ll meet with local staff and elected officials.
Paper producers Hokuetsu and Daio Paper are forging a strategic business tie-up to survive.
BUSINESS / Companies
May 19, 2024

Hokuetsu and Daio Paper opt to forge tie-up

With shareholders skeptical, the former rivals must prove it will be a mutually beneficial partnership.
Rapidus' semiconductor foundry construction site in Chitose, Hokkaido, in December
BUSINESS
May 19, 2024

Government to consider more aid to Rapidus, industry minister says

Rapidus plans to start operating a prototype production line at the Chitose plant in April 2025 and launch mass production in 2027.
Millions told to evacuate as heavy rain sparks flooding and landslides in Kyushu
Heavy rain falls in the city of Kumamoto on Monday morning.
Osaka Expo ticket sales exceed break-even point
Visitors to the Osaka Expo line up for pavilions on Friday.
Chinese vessels collide while pursuing Philippine boat in South China Sea
This handout video grab released and taken on August 11, 2025 by the Philippine Coast Guard shows an incident between a Chinese Navy vessel (left) and a Chinese Coast Guard ship as seen from a Philippine fisheries boat near Scarborough Shoal in the disputed South China Sea.
Britain’s Prince of Wales aircraft carrier makes Japan debut
HMS Prince of Wales arrives into the Port of Darwin, Australia, in July during Exercise Talisman Sabre 2025.
Japan's Nikkei 225 hits record high on tariff and rate optimism
Stocks in Tokyo rallied on Tuesday despite months of uncertainty and general economic concerns.
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.

Podcast

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

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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