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May 01, 2025
 

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JAPAN
Jul 31, 1997

Business group suggests simpler taxes to spur land sales

The nation's land-related taxes should be simplified to spur sluggish real estate sales, the Japan Association of Corporate Executives (Keizai Doyukai) said July 31.
JAPAN
Jun 10, 1997

Midsize insurers' sales drop 4.6%

The combined revenues from premiums at the nation's eight medium-size life insurers for the year that ended in March came to 6.045 trillion yen, a drop of 4.6 percent from the previous year, business reports showed June 10.
JAPAN
Mar 26, 1997

JR halts some Orange Card sales

Six Japan Railway group companies will discontinue sales of its prepaid Orange Card priced at 5,000 yen and 10,000 yen Mar. 27, the companies announced Mar. 26.
Japan Times
BUSINESS
Jun 23, 2023

Regional banks given business improvement orders over risky bond sales

The Financial Services Agency made the order after judging the institutions hadn't warned customers about the risks of structured bonds.
The Apple App Store app on an iPhone on June 25, 2024
BUSINESS / Tech
May 1, 2025

Apple must halt non-app store sales commissions, judge says

U.S. District Judge Yvonne Gonzalez Rogers sided Wednesday with Fortnite maker Epic Games over its allegation that the iPhone maker failed to comply with a court order.
The Tiffany & Co. store on Fifth Avenue in New York in 2023
BUSINESS / Companies
Jan 28, 2025

Tiffany workers mock forced 'joy' that exacerbated staff exits

When Tiffany & Co. executives were looking for ways to boost staff morale, they rolled out an internal social app called "Tiffany Joy.” It didn’t take long to turn into a chore.
People visit the Volkswagen booth at the Beijing International Automotive Exhibition, on April 25.
BUSINESS / Companies
Jul 24, 2024

Volkswagen is reeling in China. Can EVs help it grow in the U.S.?

Volkswagen CFO Arno Antlitz said the company expects to continue losing China market share and hopes to merely maintain its position in Europe.
BYD's Neta S is presented at the 2025 Bangkok International Motor Show on Monday. China, led by BYD, has become the global EV leader, while other countries, including Japan, struggle to keep up with the shift toward electric vehicles.
EDITORIALS
Mar 28, 2025

In the EV race, China's BYD is leading the pack

BYD’s strong performance reflects its dominance in China’s domestic auto market, the world’s largest and most competitive for electric vehicles.
Signage at a Tesla store in Colma, California, on Monday. Tesla shares plunged to their worst day in more than four years, extending a slide in 2025 amid growing concerns on Wall Street about demand for the company's electric cars.
BUSINESS / Tech
Mar 11, 2025

Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?

The bulk of Tesla's worth rests on hopes for autonomous vehicles it hasn't yet delivered, despite Musk's continued promises.
Honda raised its full-year net profit forecast to ¥930 billion.
BUSINESS / Companies
Nov 9, 2023

Honda and Nissan hike full-year forecasts

The car giants, however, also pointed out that fierce price competition in China was posing a challenge for Japanese automakers.
Apple CEO Tim Cook attends the Wonderlust event at the company's headquarters in Cupertino, California, on Sept. 12, 2023.
BUSINESS / Companies
May 3, 2024

Apple unveils record $110 billion buyback as results beat low expectations

Apple's quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.
General Motors CEO Mary Barrabefore an investor meeting in Spring Hill, Tennessee, on Oct. 8. Barra said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
BUSINESS / Companies
Oct 24, 2024

Electric vehicles may be struggling. GM’s leader is still a believer.

General Motors CEO Mary Barra says the company is still committed to doing away with combustion engine cars in the United States by 2035.
A Mazda MX-30 at a dealership in the city of Hiroshima. The MX-30 is the only electric vehicle model Mazda currently sells in Japan.
BUSINESS / Companies / Regional Voices: Hiroshima
Aug 28, 2023

Mazda accelerates EV shift in China, reshaping ties with suppliers

Mazda’s sales in China in the year from April 2022 halved from the previous year to 84,000 units due to a thin lineup of EVs.
Earl Stewart, a Toyota dealer, says he was shocked when he first heard about Toyota’s strategy.
BUSINESS
Mar 13, 2024

Toyota’s hybrid-first strategy is delivering big profits

Toyota’s sales are booming, and the company is reporting huge profits.
A lone Tesla charges in the basement of a commercial property in Tokyo. One of Japan’s biggest obstacles to electric vehicles is subpar charging infrastructure.
BUSINESS / Companies
Apr 8, 2024

How three high-tech countries became laggards in electric vehicles

Japan's slow adoption traces back to a decade-old bet on hydrogen fuel-cell technology, while U.S. and South Korea have hit bottlenecks.
A tourist picks up an aloha shirt at the Samurai Aloha store at Narita Airport in June.
BUSINESS / Companies / Regional Voices: Tohoku
Aug 12, 2024

Aloha shirts made from recycled kimono in Tohoku prove to be huge hit

The shirts, called Samurai Aloha, were launched in the hopes of helping the area recover from the 2011 Great East Japan Earthquake.
A Tesla showroom in Beijing in January 2024. In today's world, the car isn’t the biggest moneymaker for automakers; instead, it is the services attached to the connected vehicle.
COMMENTARY / World
Jan 7, 2025

China’s EVs may change the world in unimaginable ways

China has about 100 EV brands and they claim about 80% of the new electric vehicle market.
Uniqlo owner Fast Retailing reported strong growth in revenue and operating profit for the three months through November on robust demand in Japan, North America and Europe.
BUSINESS / Companies
Jan 9, 2025

Uniqlo owner reports strong growth in Japan and Western markets

Operating profit rose 7% to ¥157.6 billion for the three months ended November from a year earlier, with sales increasing to ¥895.2 billion.
A 2023 Toyota Prius. Hybrids have accounted for less than 10% of total U.S. sales, with Toyota’s long-running Prius among the most popular models.
BUSINESS
Aug 28, 2023

Gas-electric hybrids get boost in the U.S. from Ford and others

Ford is the latest of several top automakers planning to build and sell hundreds of thousands of hybrid vehicles in the U.S. over the next five years.
Rachel Culin, a disenchanted Toyota owner, standing between her Toyota Prius and new Chevy Bolt at her home in Mesa, Arizona. The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell all-electric vehicles, alienating some customers and hurting sales.
BUSINESS / Companies
Sep 8, 2023

Toyota, a hybrid pioneer, struggles to master electric vehicles

The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell EVs, alienating some customers and hurting sales.
Workers in front of residential buildings under construction at the Phoenix Palace project, developed by Country Garden Holdings, in Guangdong province, China, on Sept. 21
BUSINESS / Markets
Sep 26, 2023

China’s ailing property market faces key test over golden week

The stakes are higher than ever this year, as the housing slowdown weighs on China’s economic recovery.
Tesla is offering discounts and service improvements to appease European leasing companies upset by price cuts and repair issues.
BUSINESS / Companies
May 20, 2024

Tesla giving discounts to European fleet buyers in damage-control drive

After years of sharp growth, Tesla's global sales and profits are declining, with an 8.5% drop in deliveries during the first quarter, marking its first decrease in four years.
The Porsche booth at the Beijing International Automotive Exhibition in Beijing on April 25
BUSINESS / Economy
Jul 24, 2024

China’s slowdown is taking a rising toll on European profits

From luxury brands to carmakers, more trouble is coming for European businesses heavily reliant on demand in the Asian economic giant.
Liquor store P&V Wine + Liquor Merchants owner Louise Dowling
BUSINESS / Economy
Sep 6, 2024

Cash-strapped consumers are giving Australia's liquor makers a headache

Australia's alcohol industry is in its sharpest downturn in memory as more people cut back on discretionary spending and turn to healthier ways to relax.
Nike has been particularly criticized for failing to prioritize runners, one of its key markets.
BUSINESS / Companies
Oct 2, 2024

Nike seeks to wipe slate clean for new CEO and withdraws guidance

Investors are looking for the new CEO to rebuild Nike’s frayed relationships with retailers and staff who’ve lost faith in the company’s trajectory.
The Energy Powerwall Home Battery charging station in Brussels in 2023
BUSINESS / Tech
Dec 17, 2024

New EU emissions rules drive petrol car price hikes and EV discounts

Analysts say major carmakers have adjusted their pricing strategy to curb demand for heavy emitters and make pricier electric models appealing.
An Apple store in Beijing. The iPhone has increased its percentage of total smartphones sold around the world while expanding its share of sales in four of the world’s largest regions: China, Japan, Europe and India.
BUSINESS / Tech
Sep 12, 2023

As smartphone industry sputters, the iPhone expands its dominance

The iPhone has about one-fifth of the world’s smartphone sales, up from a low of 13% in 2019.
Bottles of whisky sit on display behind the bar at the Door XXV private club in the Golden Equator Group office in Singapore.
BUSINESS / Companies
Sep 13, 2023

Asia takes over the world’s whisky market

Yearslong efforts by Pernod, Diageo and other major whiskey producers to get Asian drinkers to spend more on their premium spirits are finally paying off.
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.
Toyota's hybrid RAV4 Prime at an auto show in Los Angeles in 2019
BUSINESS
Feb 2, 2024

Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown

Toyota is expected to offer an upbeat outlook when it reports its earnings on Tuesday, helped by its heavy reliance on hybrids.
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.
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.
Delta routes new Airbus plane to Tokyo to sidestep Trump tariffs
Delta Air Lines signage on the floor of the New York Stock Exchange in New York on April 9. The airline is flying a new Airbus SE plane through Japan to skirt U.S. import tariffs.
Single, or not? Japanese dating app launches relationship verification system
Tapple, one of Japan's most popular dating apps, has launched the nation's first feature to verify a user's single status via their My Number card.
CDP submits bill proposal on separate surnames, but challenges remain
Constitutional Democratic Party of Japan lawmakers speak to reporters in parliament on Wednesday after submitting a bill in the Lower House to allow married couples to retain different surnames.
Puzzling decisions and opaque rankings are all part of sumo's charm
Chiyoshoma (right) battles Churanoumi during the New Year Basho in Tokyo in January. The Mongolian's drop down the sumo rankings ahead of the May tournament was one of the biggest surprises of the latest banzuke.
North Korea's Kim sets sights on nuclear-armed navy
An unidentified weapons system is fired from the deck of North Korea's latest destroyer, the Choe Hyon, during two days of tests on Monday and Tuesday in this undated photo released Wednesday.
Single, or not? Japanese dating app launches relationship verification system
Tapple, one of Japan's most popular dating apps, has launched the nation's first feature to verify a user's single status via their My Number card.
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.

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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