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July 09, 2025
 

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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.
Toyota raised its annual net profit forecast to a record high ¥4.5 trillion in the year ending in March.
BUSINESS / Companies
Feb 6, 2024

Toyota raises annual net profit forecast as chip shortage eases

But scandals involving rigged engine and safety tests at subsidiaries led the firm to slightly revise down its sales target for the financial year.
The tail of a BYD electric vehicle sports the company’s motto, “build your dreams,” at a dealership in Shenzhen, China, on Jan. 29.
BUSINESS / Companies
Feb 12, 2024

How China built BYD, its Tesla killer

BYD’s sales, over 80% of them in China, passed Tesla in worldwide sales of fully electric cars late last year.
A man walks past a store of luxury brand Burberry at a shopping mall in Beijing in 2021.
BUSINESS / Markets
Jul 17, 2024

Luxury brands feel the sting as Chinese growth slows

China accounted for 16% of $393.8 billion of global luxury spending last year, but the economy grew slower than expected in the last quarter.
Wealthy Chinese shoppers are buying luxury goods in Japan to take advantage of favorable exchange rates, which is hurting European luxury brands' profitability.
COMMENTARY / Japan
Sep 8, 2024

Big Luxury frets that China is turning Japanese

Wealthy Chinese shoppers are buying luxury goods in Japan to take advantage of favorable exchange rates, which is hurting European luxury brands' profitability.
People line up outside an Apple store in Beijing on Sept. 20.
BUSINESS / Markets
Nov 4, 2024

Buffett keeps cutting Apple stake, with value down 60% this year

Berkshire cut its Apple holdings by roughly 25% in the period, after cutting it by almost half in the second quarter.
A worker clears away snow as last-minute grocery shoppers leave a Market Basket supermarket during a fast-moving winter storm in Plymouth, Massachusetts, on Feb. 13.
BUSINESS / Tech
Nov 5, 2024

In a changing climate, retailers turn to weather data predictions

Weather data, once used strictly for inventory planning, is now helping retailers localize advertising and decide when to discount seasonal items such as sweaters.
Satoko Shisai
BUSINESS / WOMEN AT WORK
Dec 15, 2024

Forging a career through digital transformation and mindset change

Backed by a strong belief in career ownership, Satoko Shisai built her own success at IBM Japan and Chugai.
The Nio logo on a steering wheel of an electric vehicle at the automaker's dealership in Shanghai
BUSINESS / Tech
Dec 23, 2024

China’s Nio unveils $108,000 EV to take on Porsche and Mercedes

Once one of the brightest rising stars in China’s electric vehicle market, Nio has fallen short of sales targets, with U.S.-traded shares slumping about 50% this year.
Economic uncertainty has left some U.S. drinkers looking for ways to rein in their booze spending, according to three of the largest U.S. spirits distributors.
BUSINESS
Dec 24, 2024

Shrinking U.S. bar tabs signal little festive cheer for liquor makers

Some drinkers are switching to cheaper liquor brands and venues or reducing the amount of out-of-home celebrations they attend.
The latest sale plan of Japanese government bonds reflects the government's efforts to fill a huge hole left by the BOJ's diminishing presence in the JGB market.
BUSINESS / Markets
Dec 26, 2024

Government plans to sell more JGBs for first time in four years, draft shows

Much of the increase will be made in shorter-dated debt to tap demand from Japanese banks.
EV adoption is cruising along in the U.S., despite a backlash against the industry’s largest players.
BUSINESS / Tech
Apr 29, 2025

As Tesla falters, these new EVs are picking up the pace

Sales of electric vehicles climbed to 294,000 in the first quarter of the year, a 10.6% increase compared with the year-earlier period.
Tokyo Gendai is described by fair organizers Art Assembly as Tokyo Bay’s first international contemporary art fair in 30 years.
CULTURE / Art
Jul 22, 2023

Can a new art fair finally put Tokyo on the map?

Tokyo Gendai puts on a good event but still needs to change Japanese opinions on contemporary art.
The famous Nike swoosh and Air Jordan logo on an Air Jordan 1, called "Notorious" and released from 1984-85, during a preview for "The Rise of the Sneaker Culture" exhibit at the Brooklyn Museum in New York in 2015.
BUSINESS / Markets
Sep 28, 2023

Air Jordan resale prices tumble, casting shadow over Nike

Sneaker styles that once sold on StockX for $100 or more above Nike's list price are now selling for a premium of less than $10.
Foreign nationals' presence in Japan emerges as key issue in Upper House poll
Prime Minister Shigeru Ishiba delivers a campaign speech next to a Liberal Democratic Party candidate for the Upper House (top center left) in Yokohama on Sunday.
Trump announces new tariff rate on Japan — and extension of deadline to Aug. 1
White House press secretary Karoline Leavitt holds a trade letter sent by the White House to Japan during a news conference at the White House in Washington on Monday.
China’s housing crisis is worse than it seems
Residential buildings under construction in Shanghai in July 2022. The Chinese government risks long-term decline by repeating Japan’s policy mistakes in handling its real estate and demographic crises.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Japan stands its ground after Trump letter delivers 25% U.S. tariff shock
U.S. President Donald Trump (left) and Commerce Secretary Howard Lutnick at Morristown Airport, New Jersey, on Sunday. Trump on Monday sent letters to 12 countries notifying them of new "reciprocal" tariff rates effective Aug. 1.
From the Abes to the Ohtanis: How siblings shape athletic development
Olympic judoka Uta Abe (second from left) and Hifumi Abe (second from right) with their brother Yuichiro (center) and their parents. “I’m always consciously trying to be a good older brother,” Yuichiro said.
Foreign nationals' presence in Japan emerges as key issue in Upper House poll
Prime Minister Shigeru Ishiba delivers a campaign speech next to a Liberal Democratic Party candidate for the Upper House (top center left) in Yokohama on Sunday.
Scams involving police impersonation surge
A video by the National Police Agency warns about fake scams.
Lawson to let visitors use larger parking lots as paid car campsites
A Lawson convenience store in Yachiyo, Chiba Prefecture. A new service from the company comes amid the rise in inbound tourists, making hotels and inns harder to book and more expensive.
The future is bright inside the visionary mind of architect Sou Fujimoto
The exhibition of Fujimoto’s architecture surveys his career to date, as well as looks ahead as shown in his proposal of a future floating city designed in collaboration with data scientist Hiroaki Miyata.

Podcast

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

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

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