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Toyota Motor Corp. Chairman Akio Toyoda after a meeting in Beijing last month
BUSINESS / Companies
Apr 25, 2025

Toyota chairman proposes record buyout of its supplier at $42 billion valuation

The proposal values Toyota Industries, which makes looms for textiles as well as parts for Toyota’s cars, at a premium of 40% over its closing stock price on Friday.
U.S. President Donald Trump's foreign policy efforts, including negotiations with Ukraine, Iran and others face failure due to unrealistic expectations and an apparent failure to fully understand the complexities of the conflicts.
COMMENTARY / World
Apr 23, 2025

U.S. diplomacy confronts reality in Ukraine and Iran

Trump loyalists must recognize that his approach may well fail in ways that leave the world in immeasurably worse shape.
U.S. President Donald Trump holds a letter from Britain's King Charles as he meets with British Prime Minister Keir Starmer at the White House in Washington on Feb. 27.
WORLD / Politics
Apr 28, 2025

Trump's first 100 days: 'America First' president is overturning world order

Trump's second-term agenda has alienated friends and emboldened adversaries while raising questions about how far he is prepared to go.
A Honda vehicle is assembled at a plant in Lincoln, Alabama. Despite concerns about U.S. President Donald Trump's economic policies, around half of Japanese firms remain committed to the American market, according to a recent survey.
COMMENTARY / Japan / Geoeconomic Briefing
May 2, 2025

Japan Inc. cautiously optimistic despite rising uncertainty

Trump's economic policies and geopolitical risks are front of mind for many Japanese companies. But many remain committed to staying in the U.S. and China, says a recent survey.
Donald Trump’s trade war and the dollar’s volatility are prompting Asia’s wealthy to reassess where they park their money, with Hong Kong and Singapore competing for capital as the U.S. loses its appeal as a financial haven.
COMMENTARY / World
May 2, 2025

Trump’s trade war shakes dollar’s haven status and opens door for Asian financial hubs

Trump’s trade policies, even if substantially reversed, have sent a loud message to the Asian affluent classes.
Time Out Market Osaka, located in the basement of Grand Green Osaka's South Building, is the London-based media and hospitality business' first Asian edition of their food market.
LIFE / Food & Drink
May 4, 2025

More than a food court: Time Out Market curates Osaka’s best flavors

After whetting appetites in cities like New York and Dubai, Time Out Market, the food event of the eponymous magazine and media group, has opened its first Asian edition in Osaka.
U.S. Defense Secretary Pete Hegseth looks on as President Donald Trump delivers remarks at the White House in Washington on March 21.
WORLD / Politics
May 7, 2025

Hegseth's order to cancel Ukraine weapons caught White House off guard

The story of how the flights were canceled points to an at-times haphazard policymaking process within the Trump administration.
Dalton Investments is demanding Fuji Media Holdings change its board members, spin off its real estate business, unwind cross shareholdings and push through corporate governance reform.
BUSINESS / Companies
May 12, 2025

Dalton Investments seeks talks with Fuji Media to avoid proxy fight

The activist investor wants the Japanese broadcaster to change its board members and spin off its real estate business, among other things.
Canadian Prime Minister Mark Carney finishes a news conference in Ottawa on May 2. U.S. President Donald Trump's persistent desire to annex its northern neighbor continues despite Canada's rejection the notion.
COMMENTARY / Japan
May 12, 2025

Sorry, America. Canada’s just not that into you.

Canadian Prime Minister Mark Carney has been tactful but firm. Yet President Donald Trump can’t seem to take no for an answer.
Currently, Japanese nationals living abroad are required to receive residency certificates in person at overseas diplomatic missions even if applications are submitted online.
JAPAN
May 13, 2025

Japan to issue residency certificates online to nationals abroad

The Foreign Ministry said Monday that it will begin issuing residency certificates online to Japanese nationals living abroad through overseas diplomatic missions.
Nippon Life Insurance is diversifying its investments to enhance yields, although it’s a tricky time to invest with U.S. President Donald Trump’s trade war fueling global market volatility.
BUSINESS / Companies
May 14, 2025

Japan’s biggest insurer weighs riskier overseas CLO investments

Japan’s biggest life insurer is considering taking on a little more risk with its investments in collateralized loan obligations (CLOs), as it looks for ways to eke out better returns abroad.
Calling themselves "Cheer Re-Man's" — a mash-up of "cheerleading" and "salaryman" — the group is made up of alumni from the elite Waseda University's male cheerleading squad.
JAPAN
May 15, 2025

Japanese 'salarymen' inspire with cheerleading acrobatics

The young men are all about spreading cheer through their eye-popping acrobatic performances, volunteering their weekends to entertain crowds.
A vacant house in Wajima, Ishikawa Prefecture, which collapsed following the January 2024 earthquake, is left untouched on May 12 as its owner cannot be identified. The car's license plate has been blurred for privacy reasons.
JAPAN
May 19, 2025

Noto municipalities struggle with quake-damaged vacant houses

There are at least 47 damaged houses whose owners are unclear in Wajima, and at least 35 in the city of Nanao.
Toyota Industries' Nagakusa plant in Obu, Aichi Prefecture
BUSINESS / Companies
May 20, 2025

Toyota Industries to accept tender offer from Toyota Motor group

The trend comes amid rising pressure from the Tokyo Stock Exchange and activist shareholders to dismantle what are called parent-child listings.
Prime Minister Pham Minh Chinh (second from left), the businessman Dang Thanh Tam, (third from left), and Eric and Lara Trump (center) attend a groundbreaking ceremony for a new Trump hotel and golf course in the Hung Yen Province of Vietnam on May 21.
ASIA PACIFIC / Politics
May 26, 2025

Why Vietnam ignored its own laws to fast-track a Trump family golf complex

Hanoi faces intense pressure to strike a trade deal that would head off Trump’s threat of steep tariffs, which would hit about 30% of Vietnam’s exports.
A broker in the city of Osaka displays a sign for religious corporation deals.
JAPAN / Regional voices: Chubu
Jun 9, 2025

Religious corporation sales rising in Japan amid tax evasion concerns

There are increasing concerns that buyers may exploit the tax privileges granted to religious corporations.
Tokyo-listed Dai-ichi Life has been aggressively expanding beyond traditional life insurance in Japan and focusing on asset management as one of its growth areas.
BUSINESS
May 30, 2025

Dai-ichi Life to buy $1.1 billion M&G stake in partnership

Tokyo-listed Dai-ichi Life has been aggressively expanding beyond traditional life insurance in Japan and focusing on asset management as one of its growth areas.
After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
JAPAN / Society / Longform
Jun 2, 2025

How Japan's youth are slowly changing the country's work ethic

Labor shortages and shifting mindsets are driving younger Japanese workers to challenge the country’s traditional office culture.
A resident in Uchinada, Ishikawa Prefecture, points to a boundary of his property with his neighbor which shifted due to liquefaction following the massive earthquake that hit the Noto Peninsula in January 2024.
JAPAN
Jun 3, 2025

Noto quake liquefaction hampers land boundary redrawing

Liquefaction during the Noto quake caused a lateral flow of up to 3 meters along a prefectural road running north to south through Uchinada and Kahoku.
Toyota group companies could establish a new holding company to privatize Toyota Industries.
BUSINESS / Companies
Jun 3, 2025

Toyota Industries receives $33 billion buyout offer from group companies

The deal would be in line with government efforts to encourage big companies to unwind cross-held shares with subsidiaries and other businesses.
Akio Toyoda’s involvement in the $33 billion buyout of Toyota Industries signals a potential corporate comeback, and that’s a good thing despite criticism.
COMMENTARY / Japan
Jun 4, 2025

For Toyota, more Akio Toyoda would be a good thing

This opposition is nonsensical. Akio turned Toyota into the biggest automaker in the world during a period of intense industry change.
Toyota Industries' Nagakusa plant in Obu, Aichi Prefecture. Toyota group's tender offer to privatize Toyota Industries represents an 11.4% discount to its closing price before the plan was announced.
BUSINESS / Companies
Jun 5, 2025

Toyota Industries buyout hinges on squeezing minority investors

In order for the buyout to work, the ¥16,300 per share tender offer will need to attract enough minority shareholders to cross a 42% threshold.
The Tokyo Stock Exchange building in Tokyo. Stock traders are looking for signs of activist holdings in Japanese firms, with more than 80% of Tokyo-listed companies, whose fiscal year ends in March, expected to hold shareholder meetings in the last five days of June.
BUSINESS / Companies
Jun 6, 2025

Traders scouring annual meeting filings for traces of activist shareholdings

Multiple stocks jumped last week after activist investor Aya Nomura’s name appeared in annual general meeting letters, listed as a stakeholder.
Shareholders passed a motion to reappoint Chairman Akio Toyoda during Toyota Motor's general shareholders' meeting on Thursday.
BUSINESS / Companies
Jun 12, 2025

No mention of buyout as Toyota shareholders reappoint Chairman Akio Toyoda

Questions about the privatization of Toyota Industries and Toyoda’s role in it never came up, in stark contrast to earlier this week at Toyota Industries’ annual meeting.
A man ride his bike with an umbrella in downtown Los Angeles on Wednesday.
WORLD / Politics
Jun 12, 2025

Los Angeles residents reject Trump's claims of protest destruction

The U.S. president has insisted that without the extraordinary step of sending troops into the city over the weekend, "it would be burning to the ground right now."
People protest as a guest arrives to a private dinner with U.S. President Donald Trump and buyers of his cryptocurrency tokens at Trump National Golf Club in Sterling, Virginia, on May 22.
WORLD / Politics
Jun 14, 2025

Trump reports tens of millions in income from crypto ventures

The U.S. leader's first financial of his second term showed income from various assets, including Trump's properties in Florida.
Shibuya’s iconic scramble crossing has helped put the district on the map globally.
BUSINESS
Jun 18, 2025

Shibuya, Tokyo's coolest ward, offers startups a leg up in Japan

It's offering international entrepreneurs free space, a good address and a wide range of support services.
Auckland City's Adam Mitchell reacts during his team's match against Bayern Munich in Cincinnati, Ohio, on June 15.
SOCCER
Jun 20, 2025

Club World Cup is both blessing and curse for amateur club Auckland City

Auckland City lost 10-0 against European giant Bayern Munich at the Club World Cup.
Following domestic economic instability after the real estate market’s 2020 collapse, and global geopolitical uncertainty, wealthy Chinese have sought to establish bases in other countries, including Japan.
BUSINESS
Jun 26, 2025

Japan among most attractive Asian nations for uber-wealthy

The standard of living, health care, and safety and security make Japan attractive to wealthy Chinese expatriates, with Tokyo, Osaka, Kyoto and Kobe their main destinations.
China is preparing to counter the rising threat of U.S.-backed digital dollars by leveraging its powerful e-commerce firms and Hong Kong’s crypto-friendly financial system to promote stablecoins tied to local currencies.
COMMENTARY / World
Jun 30, 2025

China is more than ready for U.S. stablecoins

E-commerce prowess and Hong Kong’s financial chops can ward off the threat from digital dollars.

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan