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April 30, 2025
 

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Nissan Motor Sakura electric vehicles (left and center), and a Mitsubishi Motors eK X electric vehicle on display during their release ceremony at the Mitsubishi Motors Mizushima plant in Kurashiki, Okayama Prefecture, in May 2022.
BUSINESS / Companies
Oct 24, 2023

Japan's bestselling EV isn’t a Tesla but a $13,000 minicar

A jointly developed minicar sold as the Nissan Motors Sakura and Mitsubishi Motors eK X accounts for roughly half of all EV sales in Japan.
Servers inside Huawei's factory campus in Dongguan, Guangdong province, China, in March 2019
BUSINESS / Tech
Oct 26, 2023

China swaps Western tech for domestic options as U.S. cracks down

The telecom and financial sectors are considered the next focus for the drive, with digital payments seen as particularly vulnerable to Western hacking.
Kioxia and Western Digital have held merger talks since 2021 but the negotiations have often stalled over a series of issues.
BUSINESS / Companies
Oct 27, 2023

Western Digital and Kioxia call off merger talks, source says

South Korea's SK Hynix — a major Kioxia investor — has said it does not back the deal due to its impact on its investment asset value.
A vegetable store on the Asagaya shopping street in Tokyo on Sunday
BUSINESS
Oct 30, 2023

Japan warns Middle East situation could hit economy

The government added the developments in the Middle East to factors requiring close attention, as it "could pose a downside risk to the Japanese economy."
More than 75,000 Kaiser Permanente health care workers went on strike from Oct. 4 to 7 across the U.S.
BUSINESS / Companies
Nov 1, 2023

Unions in the U.S. are winning big for the first time in decades

Recent victories mark a potential turning point for the country’s labor movement, which has seen union ranks and power dwindle for decades.
A Tasaki jewelry store in Ginza, Tokyo
BUSINESS / Companies
Nov 2, 2023

MBK Partners to sell jewelry brand Tasaki for over $500 million

Alleged trade with Myanmar has limited the scope of potential bidders, sources said.
Tesla Model 3 vehicles at the company's factory in Shanghai in January 2020
BUSINESS
Nov 5, 2023

Cooling EV sales have Tesla, GM and Ford rethinking investments

While the battery-powered vehicle market is still expanding, the pace of growth has slowed considerably.
WeWork sought U.S. bankruptcy protection on Monday.
BUSINESS / Companies
Nov 7, 2023

SoftBank's WeWork, once most valuable U.S. startup, goes bankrupt

The company reported estimated assets and liabilities ranging from $10 billion to $50 billion, according to a bankruptcy filing.
SoftBank Group Chairman and Chief Executive Officer Masayoshi Son. Son's trust in his own intuition may have made him unwilling to heed red flags and opposition from his advisers regarding investments in WeWork.
BUSINESS / Companies
Nov 8, 2023

WeWork saga cost Masayoshi Son $11.5 billion and his credibility

WeWork's bankruptcy filing caps a yearslong saga that revealed breathtaking flaws in the Japanese billionaire's investment style.
Buildings in Pudong's Lujiazui Financial District in Shanghai. China's yuan weakened past the closely watched 7.2-per-dollar level as investor sentiment soured on a lack of aggressive stimulus and Beijing signaled a level of comfort about the declines.
BUSINESS / Markets
Nov 9, 2023

China is struggling woo back foreign investors

The lack of investment among global firms in China may have far reaching effects on the world’s second-largest economy.
The Disney store in Times Square, New York, on Oct. 29
BUSINESS / Companies
Nov 9, 2023

Disney tops earnings forecasts as Iger sets 'building' phase

Disney now says it is on track to achieve $7.5 billion in annualized savings
BUSINESS
Nov 10, 2023

Japan needs to prepare for 'life with interest rates': lobby head

Takeshi Niinami, chairman of business lobby Keizai Doyukai, said the Bank of Japan "must normalize" monetary policy to help weed out incompetent firms.
BUSINESS / Companies
Nov 14, 2023

FSA to revoke Bigmotor's registration as insurance agent

The planned penalty follows an investigation into widespread acts at Bigmotor of deliberately damaging customers' vehicles to pad insurance claims.
Japan's economy shrank 2.1% in the July-September period from the previous quarter on an annualized basis, suggesting that its economic recovery remains patchy.
BUSINESS / Economy
Nov 15, 2023

Japan’s economy shrinks, backing BOJ and government's stimulus case

Gross domestic product contracted at an annualized pace of 2.1% in the third quarter, deeper than economists’ estimate of a 0.4% shrinkage.
Shiseido shares tumbled the most in 36 years on Monday after it slashed full-year profit forecasts on sluggish China demand.
BUSINESS / Companies
Nov 16, 2023

China slowdown adds to boycott woes for Japanese beauty stocks

Cosmetics firms are finding that reliance on the world's second-biggest economy to drive sales is a double-edged sword.
The labor ministry is planning to review the workers' accident compensation program to cover all freelancers commissioned to work for companies.
BUSINESS
Nov 20, 2023

Japan to expand workers' accident compensation for freelancers

The measure is aimed at creating an environment in which freelancers can work with a sense of security.
An Omron X-ray scanner VT-X750 at the company’s Ayabe Factory in Kyoto
BUSINESS / Companies
Nov 21, 2023

X-rays are becoming an essential health check-up in chipmaking

Omron, a Japanese provider of health care equipment and factory automation, is setting its sights on the lucrative chipmaking gear market to fuel future growth.
Sam Altman was reinstated as OpenAI CEO less than five days after his ouster.
BUSINESS / Companies
Nov 23, 2023

Altman is back at OpenAI, but questions remain over firing

One of the big issue for the organization is to what extent Altman can continue pursuing outside ventures.
BUSINESS / Companies / FOCUS
Nov 24, 2023

With Azabudai Hills complex, Mori aims to transform Tokyo again

The developer has looked to rectify the capital's perceived weaknesses in a bid to make it more competitive against the likes of London and New York.
Sumitomo Mitsui Financial Group’s CEO Jun Ohta died Saturday. He was 65.
BUSINESS / Companies
Nov 27, 2023

Sumitomo Mitsui CEO Jun Ohta, who pushed Asia expansion, dies at 65

Ohta’s well-being attracted attention when he missed an earnings briefing earlier this month, with the bank citing health reasons.
A Bank of Japan survey shows that the services producer price index rose 2.3% in October from a year earlier.
BUSINESS / Economy
Nov 27, 2023

Corporate service inflation rise signals broadening price pressures

The services producer price index, which measures the price companies charge each other for services, rose 2.3% in October from a year earlier.
A Rakuten Mobile branch in Tokyo. Rakuten is set for another tough year in 2024, at a time when rivals are on the attack with competitive pricing and reward campaigns.
BUSINESS / Companies
Nov 29, 2023

Rakuten's mobile misadventure: from ambitious plan to millstone

Founder and CEO Hiroshi Mikitani's vision of a low-cost network using cloud-based software and cheap hardware did not pan out.
Warren Buffett (left), CEO of Berkshire Hathaway, and vice chairman Charlie Munger attend a shareholders meeting in Omaha, Nebraska, in May 2019. Munger died on Tuesday at the age of 99, according to U.S. media reports.
BUSINESS / Companies
Nov 29, 2023

After Munger's death, Berkshire Hathaway succession in focus

Berkshire has had a succession plan since at least 2006 when Buffett, then 75, told shareholders the company would be prepared for his departure.
A Walmart worker organizes products for the Christmas season in 2016.
BUSINESS / Companies
Nov 30, 2023

Walmart shifts to India and reduces imports from China

The shift shows how the rising cost of importing from China and escalating political tensions are pushing U.S. firms to import more from other countries.
Honda will invest ¥500 billion in its electric motorcycle business by 2030.
BUSINESS / Companies
Nov 30, 2023

Honda to invest $3.4 billion in electric motorcycles by 2030

The company plans to introduce 30 new electric motorcycle models worldwide by the same year.
In recent years, Jack Ma has largely stayed out of public view after clashing with the Chinese government.
BUSINESS / Companies
Nov 30, 2023

Jack Ma returns to rally troops after Alibaba’s troubles deepen

"Every great company is born in a winter"
BUSINESS / Companies
Nov 30, 2023

SMFG names deputy president as group CEO after predecessor's death

Toru Nakashima's appointment will take effect Dec. 1, Japan's second-biggest lender said.
Pedestrians along the Bund in Shanghai on Oct. 29. The Chinese government is pushing a narrative that the city will play an important role in reinvigorating the nation’s economy.
BUSINESS
Dec 1, 2023

Xi’s Shanghai visit sells city’s ‘innovation’ image

State media video footage using soaring music showed a stoic Xi making a visit to the Shanghai Futures Exchange and watching a robot demonstration.
Spot workers who choose when and where to work through dedicated apps during their free time are seen as a new pool of human resources in industry sectors that have faced labor shortages.
BUSINESS / Economy
Dec 4, 2023

Number of 'spot workers' surges in Japan amid labor shortage

The work style has gained popularity due to the flexibility it offers: individuals can choose when and where to work through dedicated apps.
BUSINESS / Companies
Dec 5, 2023

Prospect of NTT Law abolishment unclear amid fierce opposition

The idea was first proposed by a ruling Liberal Democratic Party panel to make the communications giant internationally competitive.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
Could this be Japan’s year at the Kentucky Derby?
Christophe Lemaire rides Admire Daytona, who was bred in Japan, during the UAE Derby at Meydan Racecourse in Dubai on April 5.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
U.S. secretary of the navy weighs ‘dual-use’ shipbuilding with Japan
John Phelan at a Senate confirmation hearing for U.S. secretary of the navy in Washington in February

Podcast

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

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
By Alex K.T. Martin

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Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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