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April 26, 2025
 

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JAPAN
Nov 23, 2023

35 Johnny's abuse victims to be notified of compensation

The company did not release the details of the compensation plans or the names of the victims, citing privacy concerns.
CULTURE / Music / Sound Off
Dec 2, 2023

The entertainment story of the year is long overdue

As entertainment heavyweights Johnny & Associates and Takarazuka Revue are hit by scandals, hope for reform emerges with changing attitudes toward abuse.
CULTURE / Entertainment news
Dec 8, 2023

Johnny’s changes name to Starto Entertainment

The announcement signals a new chapter in the talent agency’s history as it scrubs references to its disgraced founder from its current structure.
The newly built city of Nusantara is scheduled to become the capital of Indonesia in 2024 and aims to achieve net zero emissions by 2045.
COMMENTARY / World
Dec 11, 2023

Indonesia’s new capital aims to be a net zero model city

Nusantara, Indonesia's future capital, is being built with climate solutions at its core. The city hopes to inspire others to do the same.
Ukrainian President Volodymyr Zelenskyy (left) and Prime Minister Fumio Kishida visit the cenotaph for atomic bomb victims in Hiroshima on May 21 during the Group of Seven summit. Zelenskyy’s visit to one of the two cities attacked with a nuclear weapon came amid Russia’s veiled threats to use its nuclear arsenal in its war against Ukraine.
JAPAN
Dec 28, 2023

Images of 2023: Japan

Outside of the successful G7 summit, the year was not kind to PM Fumio Kishida's unpopular administration. A kickback scandal provided one final headache.
Junya Hiramoto and Shimon Ishimaru, members of Johnny's Sexual Assault Victims Association who claim to have been sexually abused by the late founder of Johnny & Associates, hold a news conference at the Japan National Press Club in Tokyo in September
JAPAN / Crime & Legal
Dec 30, 2023

More men seek sex abuse consultations after Johnny's scandal

According to Tokyo police, consultation requests from male victims surged in September after the agency admitted its founder had abused entertainers.
Security guards along the Bund in front of buildings in the Lujiazui Financial District in Shanghai on Tuesday. The pivot away from China may accelerate as positive catalysts are missing at a time when the U.S. Federal Reserve shifts toward monetary easing.
BUSINESS / Markets
Jan 11, 2024

China is fast losing its place as a must-have in global portfolios

An analysis of filings by 14 U.S. pension funds with investments in Chinese stocks show most of them have reduced their holdings since 2020.
JAPAN / Crime & Legal
Jan 17, 2024

Johnny's abuse victims seek transparency on compensation criteria

Many are unable to prove past affiliations with the agency, with some alleging that the wrongdoings occurred before the signing of contracts.
BUSINESS / Companies
Feb 10, 2024

Struggling unit of 7-Eleven's parent company to exit central and northern Japan

The Seven & I Holdings unit will close five of its 17 stores in the regions and hand over 11 to other supermarket operators.
The market in 2023 and 2024 has been marked by breathless enthusiasm for the potential of artificial intelligence as well as wildly disparate guesses about how the technology will translate into future cash flows.
COMMENTARY / World
Feb 11, 2024

Is the S&P 500's surge signaling a bubble or a bull market?

Are we reliving 1995 — when, coincidentally, a previous "soft landing” economy pushed the Dow Jones Industrial Average above 5,000?
An in-house design by Yamagiwa, the Sui drop-shaped light uses traditional Japanese chōchin lantern techniques and is made with Mino washi paper.
LIFE / Style & Design / ON: DESIGN
Feb 17, 2024

Japan-made standouts from one of Paris' biggest design fairs

Maison & Objet is now such a popular event that it is often nicknamed the Paris Fashion Week of the interior design industry.
On display at the new 7-Eleven store in Matsudo, Chiba Prefecture, are about 2,000 additional products that aren’t usually carried in 7-Elevens, including fresh fruit, diapers and hair-care products.
BUSINESS / Companies
Feb 29, 2024

Seven & I Holdings explores market for bigger 7-Elevens

Its new store in Chiba Prefecture will have more than twice the number of products and is almost double the size of regular outlets.
Noriyuki Higashiyama (second from right), unveils Smile-Up as a new company name to replace Johnny's & Associates during a news conference in Tokyo in October.
JAPAN / Crime & Legal
Mar 29, 2024

Smile-Up says two ex-Johnny's staffers were also sexual predators

The statement from Smile-Up, which is responsible for compensating victims, came after the BBC published an interview with its president.
People place their bets at the Fanduel sportsbook in East Rutherford, New Jersey, during the Super Bowl in February 2019.
MORE SPORTS
Mar 31, 2024

U.S. sports leagues bet on gambling. Now they’re facing its risks.

Leagues have signed lucrative marketing deals with betting apps like FanDuel and DraftKings and recent incidents have highlighted issues.
Speculation has been swirling for months over the fate of Ito-Yokado, which was Seven & I's original retail franchise before it bought 7-Eleven and turned it into a large, successful business.
BUSINESS / Companies
Apr 10, 2024

Seven & I set to split 7-Eleven from original Ito-Yokado stores

Ito-Yokado was the company’s original franchise before it bought 7-Eleven and turned it into a successful business.
JTC and Sun Electric's SolarRoof project in Singapore in July 2018
ENVIRONMENT / Sustainability
Apr 15, 2024

Southeast Asia 'woefully off track' on green investment

Energy consumption in the region is expected to grow 40% this decade.
A suburb in Melbourne. Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all.
BUSINESS / Economy
May 8, 2024

Rents set to be last domino to fall in global inflation battle

Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation.
The documentary short “Now and Then" traces how the Beatles honored John Lennon after his death by crafting a tune he wrote into the “last Beatles song.”
CULTURE / Film
May 30, 2024

Eight standout films to catch at this year's Short Shorts Film Festival

The event will screen roughly 270 films that range from dramas about current social issues to animations that push the limits of the imagination.
Akimasa Nihongi, who spoke about his experience as a victim of sexual assault by Johnny Kitagawa, the late founder of the eponymous talent agency, said in a video message that victims who report their abuses are often subject to slander and harassment.
JAPAN / Crime & Legal
Jun 27, 2024

Ex-member of Johnny's calls for victim protection at U.N. panel

Akimasa Nihongi said measures ought to be put in place to protect victims from slander and harassment after they go public with abuses.
Financial groups will sell Honda Motor shares worth ¥535 billion to unwind cross-shareholdings, according to a regulatory filing.
BUSINESS
Jul 4, 2024

Insurers and banks to sell Honda shares worth $3.3 billion, filing shows

The move offers a sign that the unwinding of cross-shareholdings is catching pace in Japan.
Yokohama Rubber has agreed to acquire Goodyear Tire & Rubber’s off-the-road tire business as part of its global expansion plan.
BUSINESS / Companies
Jul 22, 2024

Yokohama to buy Goodyear’s off-road tire business for $905 million

The off-the-road business will be a future growth driver, Yokohama Rubber said in a statement about the acquisition.
Nippon Steel is dissolving its joint venture with China's Baoshan Iron & Steel, ending two decades of cooperation.
BUSINESS / Companies
Jul 23, 2024

Nippon Steel to dissolve joint venture with China's Baoshan

Nippon Steel did not provide a reason for dissolving the partnership originally established in 2004.
A 7-Eleven convenience store, operated by Seven & I Holdings, in Tokyo
BUSINESS / Companies
Aug 19, 2024

Couche-Tard bids for $31 billion Japanese retailer Seven & I

If realized, Canadian convenience-store operator Alimentation Couche-Tard's move would be the largest-ever foreign takeover of a Japanese company.
The 225-issue Nikkei average ended in negative territory Monday for the first time in six sessions.
BUSINESS / Markets
Aug 19, 2024

Nikkei falls on yen's gain, while Seven & I surges

The Nikkei index closed 1.77% lower at 37,388.62, snapping a five-day winning run that pushed up the index 8.7% last week.
Alimentation Couche-Tard’s proposed acquisition of Seven & I Holdings, if successful, would be an extremely rare case of a foreign company's buyout of a major Japanese firm.
BUSINESS / Companies
Aug 20, 2024

Seven & I buyout would be a watershed moment for Japan takeovers

Until now, an attempt to acquire such a well-known Japanese business at such scale would have been dismissed as audacious and unlikely.
The 7-Eleven convenience store chain, a deeply ingrained part of modern Japanese life, faces a potential takeover by Canadian company Alimentation Couche-Tard.
COMMENTARY
Aug 21, 2024

A 7-Eleven buyout would stretch Japan’s appetite for M&A

The country’s convenience stores have become essential to daily life. That has many fearing the prospect of a foreign takeover.
Seven & I Holding’s logo is seen at a 7-Eleven convenience store in Tokyo on Aug. 19. Apart from 7-Eleven, Seven & I also owns, has stakes in or operates a number of other iconic properties, including Denny’s, Tower Records and Ito-Yokado.
BUSINESS / Companies
Aug 22, 2024

Japan warms to audacious Canadian bid for 7-Eleven operator

The deal might just work if Alimentation Couche-Tard lets the convenience store chain get on with business and continue to develop and expand globally.
A Canadian retailer's bid to buy the operator of 7-Eleven convenience stores follows the introduction last year of government guidelines on mergers and acquisitions instructing companies to seriously consider takeover offers.
BUSINESS / Companies / ANALYSIS
Aug 27, 2024

Seven & I takeover proposal tests Japan’s evolving investor-friendly stance

The proposed purchase of the convenience store operator follows government guidelines instructing companies to seriously consider takeover offers.
A Couche-Tard convenience store in Montreal. Canadian retailer Alimentation Couche-Tard has made a preliminary non-binding proposal to buy 7-Eleven owner Seven & I Holdings.
BUSINESS / Companies
Aug 27, 2024

Couche-Tard might finance Seven & I takeover with debt

A leveraged acquisition would be feasible because of the Japanese company's strong cash flow, people familiar with the Canadian retailer’s thinking said.
A 7-Eleven convenience store, operated by Seven & i Holdings Co., at the company's headquarters in Tokyo
BUSINESS / Companies
Aug 31, 2024

Couche-Tard seeks pension fund backing for Seven & I bid

The retailer is reaching out to some of Canada’s largest pension funds to gauge their interest in providing equity, sources said.
Naked man’s rampage in Saitama linked to one fatality and 10 injured
Police believe Daisuke Nishimura may have been involved in roughly 20 incidents in the 90 minutes leading up to his arrest, including a fatal hit-and-run and multiple assaults.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Japan brings forward deadline for electronic travel authorization system
Japan is planning to implement by March 2029 a new online screening system in which foreign visitors who don’t need a visa apply for a certification before entering the country.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

Podcast

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

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.
By Tomoko Otake

SUSTAINABLE JAPAN

Fujitsu crafts sustainable innovation for itself, society
Fujitsu crafts sustainable innovation for itself, society

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