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April 30, 2025
 

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Nobuhiro Torii, executive vice president of Suntory Holdings, who will be promoted to president, speaks during a news conference in Tokyo on Thursday.
BUSINESS / Companies
Dec 13, 2024

Suntory Holdings names executive vice president as next boss

Nobuhiro Torii, 58, will be the first president from the firm's founding family since Nobutada Saji, 79, who served in the post from 2001 to 2014.
Mitsubishi Electric CEO Kei Uruma
BUSINESS / Companies
Dec 13, 2024

Mitsubishi Electric explores forming power chip alliances in Japan

A sense of urgency is growing in the power chip industry as Japanese companies fall further behind German market leader Infineon Technologies.
Investors' expectations for corporate governance reform triggered by the Tokyo Stock Exchange’s campaign have been a major driver of the rally in Japanese stocks over the last two years, but the market’s historic crash in early August has changed the dynamics.
BUSINESS / Markets
Dec 13, 2024

Cheap valuations are out as investors like new metric for Japan stocks

Investors are now trying to identify companies that have strong fundamentals but have a lot to gain by improving capital allocation, one portfolio manager said.
"Agent" technology goes further than chatbots, not just performing parlor tricks and spitting out plausible responses to queries but actually doing the kinds of repetitive tasks that today are handled by millions of humans.
BUSINESS / Tech
Dec 14, 2024

Big Tech's new AI obsession: 'Agents' that do your work for you

OpenAI CEO Sam Altman calls agents "the next giant breakthrough," while Salesforce CEO Marc Benioff says the shift "is really the rise of digital labor.”
Thimphu TechPark building in Thimphu, Bhutan, on Oct. 17
BUSINESS / Tech
Dec 16, 2024

Secret to AI profitability is hiring a lot more doctorates

Nagging questions persist about whether AI will actually prove useful enough for businesses around the world to pay up for it.
Mannequins are displayed inside a lingerie showroom at WeMet Industrial Park in the Guanyun county of Lianyungang, Jiangsu province, China, on Nov. 26.
BUSINESS / Economy
Dec 16, 2024

China's 'erotic clothing' capital braces for e-commerce crackdown

The development of the lingerie industry in eastern Guanyun county in China has exploded partly due to a U.S. tariff exemption likely to soon be curtailed or scrapped.
Jon Walsh, an urban farmer and the owner of Business Grow, has been teaching the residents of Tokyo how to grow their own food for over a decade.
ENVIRONMENT / Sustainability
Dec 31, 2024

Great things can grow in small places

This is a sponsored story, created and edited exclusively by Tokyo Metropolitan Government’s Tokyo Updates website.
People walk toward a beach in Miyakojima, Okinawa Prefecture.
BUSINESS / Companies
Dec 18, 2024

Blackstone buys Ritz-Carlton Okinawa as Japan tourism booms

The transaction will include the Kanehide Kise Beach Palace and money to be spent on renovations, sources say.
Current Sapporo Holdings President Masaki Oga (left) and the next President Hiroshi Tokimatsu, currently executive group managing officer, shake hands on Wednesday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Dec 19, 2024

Hiroshi Tokimatsu named next president of Sapporo Holdings

Tokimatsu, 62, will also become president of Sapporo Breweries.
The headquarters building for Sony in central Tokyo
BUSINESS
Dec 19, 2024

Sony buys 10% of Elden Ring owner for $320 million

The new deal will see Sony pay ¥50 billion ($320 million) for 12 million new Kadokawa shares, making it the company's biggest shareholder.
A limited edition of PlayStation 5 (PS5) Pro video game console
BUSINESS / Companies
Dec 20, 2024

Sony’s record climb makes investors more bullish on gaming boom

Sony Group’s long-awaited rise to record highs has emboldened bullish investors and analysts, who see gains extending into 2025 on a robust outlook for video games.
Toshiba's Corporate Senior Executive Vice President Koji Ikeya speaks during an interview in Tokyo on Monday.
BUSINESS / Companies
Dec 20, 2024

A year after going private, structural reforms bearing fruit for Toshiba

Before going private last December, Toshiba had long struggled to deal with activist investors, from whom the company accepted investments to stabilize its finances.
Hiroshi Shimizu (left), president of Nippon Life Insurance, and Satoshi Asahi, vice president and future president, shake hands after a news conference Wednesday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Dec 23, 2024

Nippon Life’s $12 billion acquisition spree is just beginning

Having committed to pouring billions into a pair of global insurers, the firm is now turning to asset managers, as it seeks to diversify business at home and abroad.
The Tokyo Stock Exchange Growth Market 250 Index is down about 11% so far this year and set for its fourth yearly loss.
BUSINESS / Markets
Dec 24, 2024

Japan startups set for longest rout on record as rate hike looms

A rate hike by the Bank of Japan would make it more expensive for new companies to finance research and development.
A customer uses a bank card at a contactless payment terminal on a stall at the Bauveau Market in Paris on Feb. 15, 2023.
BUSINESS / Tech
Dec 30, 2024

Drama-prone fintechs face mixed regulatory environment in 2025

The incoming U.S. administration has made financial deregulation a policy priority for the next four years while European policymakers continue to take a cautious approach.
The path forward for the Nippon Steel-U.S. Steel deal is unclear. The companies could sue the U.S. government, another buyer could swoop in for U.S. Steel, or Republicans who favor the deal could urge U.S. President-elect Donald Trump to find a way to approve it.
BUSINESS / Companies / FOCUS
Jan 4, 2025

What's next for the Nippon Steel-U.S. Steel deal?

The companies could sue the U.S. government, another buyer could swoop in, or those who favor the deal could urge Trump to find a way to approve it.
TikTok has discovered that their TikTok Live feature has facilitated money laundering, allowed users to sell drugs and fund terrorism, according to a new lawsuit, which also accuses the social media company's livestream feature of exploiting and "grooming” minors to perform sexual content.
BUSINESS / Tech
Jan 6, 2025

TikTok’s live video feature ‘groomed’ minors, Utah AG claims

Tiktok has emphasized its commitment to enforcing its policies and said it shut down more than 45 million streams last year.
TDK CEO Noboru Saito said the Tokyo-based company plans to start mass production of its third-generation silicon-anode cells from late summer.
BUSINESS / Companies
Jan 6, 2025

iPhone supplier TDK rolls out new batteries to keep pace with AI

From late summer, the Tokyo-based company plans to start mass production of its silicon-anode cells, which carry more energy than conventional ones.
Signage at the TikTok offices in Singapore, on Aug. 4, 2023
BUSINESS / Tech
Jan 7, 2025

TikTok ban thrusts Apple and Google into U.S.-China geopolitical fray

TikTok creators are posting videos promoting ways to get around a looming shutdown of the app in the U.S., which could spell trouble for companies required to enforce the ban.
Staff from Aomori Bank and Michinoku Bank, along with family members, participate in the Aomori Nebuta Festival in August 2023, with a large float sponsored by Procrea Holdings behind them.
BUSINESS / Companies / Regional Voices: Tohoku
Jan 20, 2025

Rival regional Aomori banks merge to survive amid population decline

Aomori Bank and Michinoku Bank, which had long been rivals, merged this month to form Aomori Michinoku Bank.
A Muji store at Kansai International Airport in Osaka
BUSINESS / Companies
Jan 11, 2025

Owner of Muji stores looks to build clean power plants

Ryohin Keikaku will look to build clean power plants in an effort to meet its emissions targets.
The U.S. Supreme Court justices on Friday expressed skepticism about a challenge from TikTok and its Chinese parent company ByteDance.
BUSINESS / Tech
Jan 13, 2025

What happens after the TikTok ban?

TikTok's future in the U.S. is uncertain as the Supreme Court weighs security concerns, with a potential ban or forced sale looming on Jan. 19. Here's how it could play out.
Most of the grant funding for U.S. President Joe Biden's ambitious Chips and Science Act has been awarded, and the initiative has spurred more than $400 billion in planned company investments. But much of the job remains unfinished — and broader upheaval in the chip industry will only add to the challenges.
BUSINESS / Tech / FOCUS
Jan 18, 2025

Biden’s chips team hands off $52 billion program to a skeptical Trump

Before the election, Donald Trump described the Chips Act as "so bad” and suggested tariffs would be a better solution.
U.S. President-elect Donald Trump’s potential role in any plan to save TikTok remains both intriguing and complicated. The ban is set to take effect just one day before his inauguration, and while it has been reported that President Joe Biden won’t enforce the ban on day one, the decision on what to do long-term will become Trump’s problem almost immediately.
BUSINESS / Tech / FOCUS
Jan 18, 2025

TikTok’s fate rests on Trump after U.S. Supreme Court upholds law

U.S. President -elect Donald Trump’s potential role in any plan to save TikTok remains both intriguing and complicated.
Mizuho Bank is the first to have stopped accepting new safe deposit box customers among the country's three megabanks.
BUSINESS / Companies
Jan 19, 2025

Mizuho stops accepting new safe deposit box applications

The major Japanese bank took the step at all outlets around the country.
Economists, legal experts and business leaders concur that incoming U.S. President Donald Trump's pledge to implement fresh tariffs — whether directly aimed at Japan or not — could hurt the country's export-reliant machinery and automobiles industries while shattering the global economy.
BUSINESS / Economy / ANALYSIS
Jan 20, 2025

Japanese firms weigh fallout from Trump tariff pledges

Additional tariffs — whether directly aimed at Japan or not — could hurt its export-reliant machinery and automobiles industries while shattering the global economy.
A trailer transports Nissan’s NV200 Venette minivans in Yokosuka, Kanagawa Prefecture.
BUSINESS / Companies
Jan 21, 2025

Nissan to end production of compact van as Honda rescue looms

Manufacturing unit Nissan Shatai hasn’t made any decisions on job cuts, a Nissan spokesperson said.
A message welcoming users back and thanking U.S. President-elect Donald Trump on the TikTok app
BUSINESS / Companies
Jan 22, 2025

A beauty industry hooked on TikTok braces for an uncertain future

Last year, TikTok was one of the top 10 largest beauty e-commerce platforms in the U.S.
Mizuho's CEO Masahiro Kihara said on Wednesday that domestic corporate banking, asset and wealth management, as well as global and corporate and investment banking, would all contribute to growth.
BUSINESS / Companies
Jan 23, 2025

Mizuho head sees profit reaching ¥1 trillion in three to four years

Mizuho previously projected record annual net income of ¥820 billion for the current fiscal year, meaning the increase would require an uplift of more than 20%.
Shipping containers at an industrial port in the Keihin Industrial Zone in Kawasaki. Japanese businesses see a larger role for Japan if global trade breaks down and multilateral trade institutions become less effective without U.S. participation.
BUSINESS / Economy
Jan 23, 2025

Japan contemplates global free-trade leadership as U.S. goes protectionist

Tokyo could find opportunity in the turmoil while avoiding direct confrontation with Washington.
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.
Japan worries Trump tariffs will push countries toward China
Liberal Democratic Party Policy Chief Itsunori Onodera (center) speaks at a think tank event Monday in Washington.
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

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

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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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