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Nissin Foods expects continued demand for cheap precooked noodles even as the industry works to shed its image of being an unhealthy staple, the firm's president said on Wednesday.
BUSINESS
Feb 26, 2025

Noodle-maker Nissin plans big investments, eyeing pickup in demand

Nissin Foods expects continued demand for cheap precooked noodles even as the industry works to shed its image of being an unhealthy staple.
Global sales, including that of subsidiaries Daihatsu Motor and Hino Motors, rose 2% from a year ago to 846,744 units, a record for the month of January, Toyota Motor said Thursday.
BUSINESS / Companies
Feb 27, 2025

Toyota’s domestic sales rebound as it recovers from scandals

Despite unease in major markets and a dip in quarterly profit, Toyota raised its annual profit guidance for the fiscal year ending in March.
While Japan's luxury goods market remains strong, its seconhand resale market is proving just as much a draw for tourists searching for great bargains — as long as they can manage to get their hands on the real deal.
LIFE / Style & Design
Mar 1, 2025

Not even Japan is safe from counterfeit luxury goods

Despite a reliable reputation, Japan’s secondhand luxury market is still vulnerable to fakes and counterfeits.
Monta Mino, who hosted many television shows in Japan, died in the early hours of Saturday. He was 80.
JAPAN
Mar 1, 2025

Famed Japanese TV host Monta Mino dies at 80

Mino, whose real name was Norio Minorikawa, joined Nippon Cultural Broadcasting in 1967.
The rapid collapse of the plan to take Seven & I private reflects how personal egos and domestic competitiveness ultimately outweighed the nationalistic desire to fend off Canada’s Alimentation Couche-Tard, whose pursuit of the Japanese retailer emerged last August.
BUSINESS / Companies
Mar 2, 2025

Seven & I and Nissan deal fallout leaves Japan companies vulnerable

The collapse of the deals means the companies are potentially even more vulnerable to foreign takeovers.
Bic Camera paid ¥557 million less than originally agreed to 51 contract makers of its private-label products including home appliances between July 2023 and August 2024, according to the Fair Trade Commission.
BUSINESS
Mar 2, 2025

Japan FTC urges Bic Camera to pay subcontractors in full

Bic Camera is believed to have begun underpaying subcontractors in 2020, when it began selling items under its own name.
Barbara Broccoli, whose family has been the longtime stewards of the James Bond franchise, worries that Amazon's control will turn it into mass-produced "content," prioritizing quantity over quality and undermining its cinematic prestige.
COMMENTARY / World
Feb 28, 2025

Amazon wants to turn 'James Bond' into slop

Barbara Broccoli, a custodian of the "James Bond" franchise, told friends she doesn’t trust algorithm-centric Amazon with a character she helped to mythologize.
Maersk shipping containers are stored aboard the ‘Albert Maersk’ in Navi Mumbai, India, on Feb. 28.
BUSINESS / Markets
Mar 3, 2025

U.S. tariffs and easing of Middle East tensions threaten reversal of shipping boom

Global liner rates fell 5.9% sequentially in the week ended Feb. 27, after earlier breaking below $3,000 per 12-meter container for the first time since early May
Bybit, one of the biggest crypto exchanges, was forced to borrow from other platforms and use its own treasury funds to replace the roughly 515,000 tokens, mostly Ether but also derivatives of the coin, that were stolen in the North Korean attack.
ASIA PACIFIC / Crime & Legal / FOCUS
Mar 3, 2025

North Korea’s $1.5 billion heist puts the crypto world on notice

Cybersecurity researchers quickly concluded that the era of giant digital-asset heists had entered a new and potentially ruinous phase following the theft.
JR East started the services in Minamiboso and Tateyama, cities in Chiba Prefecture, on Monday and will begin them in Senboku, Akita Prefecture, in the second half of this year.
BUSINESS / Companies
Mar 3, 2025

JR East to offer ride-hailing services at limited locations

The firm started the services in the cities of Minamiboso and Tateyama in Chiba Prefecture on Monday, and will begin them in Senboku, Akita Prefecture, later this year.
Toyota’s announcement to hand out perks to its shareholders comes as some Japanese firms begin reintroducing perks to attract retail investors.
BUSINESS / Companies
Mar 4, 2025

Toyota to hand out shareholder perks to entice retail investors

Some Japanese firms have begun reintroducing perks to attract retail investors, a practice that has drawn criticism from some global funds.
A Prada sign sits at an entrance to one of its stores in central Milan, Italy, in 2017. Prada and Capri could finalize a deal for Versace this month.
BUSINESS / Companies
Mar 4, 2025

Versace owner Capri jumps on Prada moving closer to purchase

A purchase would run counter to a decadeslong trend of Italian fashion groups being taken over by foreign firms.
Seven & I named Stephen Hayes Dacus as its first foreign chief executive on Thursday.
BUSINESS / Companies
Mar 6, 2025

Seven & I announces measures to fend off Couche-Tard takeover

The announcements are the latest twist in a saga that began last year when Seven & I rebuffed a takeover offer from Canada's Alimentation Couche-Tard.
Bar Bota, the 37th-floor watering hole at the Four Seasons Osaka, looks out on a glittering cityscape better known for its cheap eats and drinks.
LIFE / Food & Drink
Mar 9, 2025

Slowly but surely, Osaka emerges from Kyoto’s fine-dining shadow

The majority of tourists go to Osaka with street food on their minds, but the city is rapidly improve its elevated dining options as well.
Tokyo Metro President Akiyoshi Yamamura (front) and others observe a moment of silence near the site of the accident in Tokyo's Meguro Ward.
JAPAN
Mar 8, 2025

Tokyo Metro marks 25th year since deadly derailment

The subway derailment accident on March 8, 2000, killed five passengers and injured 64 others.
SpaceX's next-generation Starship spacecraft atop it's super heavy booster is launched on its eighth test at the company's Boca Chica launch pad in Brownsville, Texas, on Thursday.
WORLD
Mar 9, 2025

SpaceX scrubs launch of two NASA satellite missions

One rocket’s chief passenger was SPHEREx, a space telescope that will take images of the entire sky in more than a 100 colors that are invisible to the human eye.
Police arrested Tsuyoshi Furusho, mayor of Saza, Nagasaki Prefecture, on Saturday in a bid-rigging case over a public works project in the town.
JAPAN / Crime & Legal
Mar 9, 2025

Nagasaki town mayor arrested in bid-rigging case

Furusho, 77, was first elected mayor of the town in 2009. He is currently in his fourth term.
JX Advanced Metals plans to list on the Tokyo Stock Exchange on March 19.
BUSINESS / Companies
Mar 10, 2025

JX Metals raises $3 billion in Japan's biggest IPO since SoftBank

The semiconductor materials supplier, whose clients include Taiwan Semiconductor Manufacturing Co. and Intel, plans to list on the Tokyo Stock Exchange on March 19.
People hold a Ukrainian flag and a Taiwan flag during a protest to mark the third anniversary of Russia's invasion of Ukraine, in Taipei on Feb. 23.
ASIA PACIFIC / FOCUS
Mar 11, 2025

‘We are not Ukraine’: Top Taiwan officials temper comparisons after U.S. U-turn

Top Taiwanese officials believe the U.S. will stay invested in the island's security as Washington remains united on the need to counter China.
Students learn heavy machinery maintenance using virtual reality at a United Tractors vocational institution in Jakarta on March 6.
BUSINESS
Mar 11, 2025

Indonesia’s industrial growth goals at risk as education system falls short

Poor teaching and a dearth of basic equipment has led to a pressing shortage of qualified workers and high unemployment among young people.
Blue pipelines to transport seawater, part of the facility operated by Tepco where treated radioactive water is released from the Fukushima No.1 nuclear power plant into the sea, are seen during a treated water dilution and discharge facility tour for foreign media in the town of Futaba, Fukushima Prefecture, in August 2023.
JAPAN
Mar 13, 2025

Tepco releases treated water from Fukushima plant for last time in fiscal 2024

The operator of the nuclear plant plans to discharge 7,800 tons of treated water containing tritium, a radioactive substance, into the Pacific during the current release.
A hamburger made with "okonomiyaki" savory pancakes
BUSINESS
Mar 14, 2025

Osaka Expo to showcase Japan's food industry

Major conveyor-belt sushi chain Kura Sushi will open a store at the expo featuring it's longest circular conveyor belt ever.
Kyoko Watanabe made a home for herself in Ishinomaki after moving there to participate in disaster relief efforts following 3/11, and now operates a business focused on the creative reuse of <i>akiya</i> (abandoned houses).
COMMUNITY / Our Lives
Mar 17, 2025

From abandoned houses to ‘creative communities’: An Ishinomaki entrepreneur's vision for rural Japan

Kyoko Watanabe moved to Miyagi Prefecture to help with disaster relief efforts following 3/11. She ended up building a company and a vision for revitalizing rural Japan.
The Nikkei stock average on the Tokyo Stock Exchange on Tuesday. Many firms on the TSE have price-to-book ratios of less than 1, lowering the perceived quality of the exchange, which should consider taking steps to increase valuations and trading volume.
COMMENTARY / Japan
Mar 14, 2025

Tokyo Stock Exchange must weed out underperforming firms

Tokyo wants to become Asia's top financial hub, but faces big obstacles. Among them, the presence of too many companies with low profitability and growth prospects.
Jalen Brunson of the Knicks during an NBA All-Star Game event in San Francisco on Feb. 16.
BASKETBALL / NBA
Mar 16, 2025

To get big in China, NBA stars enlist social media surrogates

The trend comes as recently fraught ties between the NBA and China thaw.
Cars at the Geely Auto production base in Hangzhou, in China's eastern Zhejiang province on Feb. 16
BUSINESS / Tech
Mar 17, 2025

Geely billionaire goes on a cost-cutting spree to catch rivals

The shift was laid out in a document called the Taizhou Declaration, which called for consolidation, synergies and savings.
According to changes made to Tokyo Electric Power Company Holdings' business plan, approved by the government on Monday, the restart of the reactor at the Kashiwazaki-Kariwa nuclear power plant in Niigata Prefecture is expected to boost its earnings by around ¥100 billion per year.
JAPAN
Mar 17, 2025

Tepco aims to restart Niigata reactor in fiscal 2025

The restart of the reactor is expected to boost power utility' earnings by around ¥100 billion ($672 million) per year.
Saul Luciano Lliuya in his home in Huaraz, Peru, on March 2. Lliuya is pursuing a lawsuit against German energy utility RWE, whose emissions he says have contributed to the melting of Andean glaciers, swelling a lake above his hometown to dangerous levels.
ENVIRONMENT / Climate change
Mar 18, 2025

Facing glacial melt-water flood risk, Peruvian farmer tests global climate law

Lawyers in the case say German energy firm RWE is responsible for 0.5% of global emissions, so should pay 0.5% of the costs for a local $3.5 million flood defense project.
Shikoku Electric Power's Ikata nuclear plant in Ehime Prefecture. The Matsuyama District Court has rejected a petition filed by some 1,500 residents near the nuclear plant in the town of Ikata over safety concerns.
JAPAN
Mar 19, 2025

District court rejects residents' petition to halt Ikata nuclear power plant

The petition was filed over safety concerns by some 1,500 residents living near the plant in Ehime Prefecture, which is operated by Shikoku Electric Power.
The Fukuoka Prefectural Police Headquarters. Between October 2022 and late September 2023, a Chinese couple developed about 2,300 square meters of land owned by 21 individuals without their consent and opened a campsite, according to police.
JAPAN / Crime & Legal
Mar 21, 2025

Chinese couple arrested for opening campsite at historic Fukuoka ruins

A city official first spotted prefab huts erected at the castle ruins around October 2022 and demanded their removal, but the couple refused to comply, according to police.

Longform

Members of the nonprofit group Japan Youth Memorial Association search for the remains of dead soldiers in a cave in Okinawa Prefecture in February.
The long search for Japan’s lost soldiers