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Dec 1, 2022

Efforts underway to revive local horse racing in Japan

Sales have been recovering, due in part to online sales of betting tickets, although until now local racecourses have not been financially strong enough to splurge on repairs to facilities.
Japan Times
BUSINESS / Companies
Nov 23, 2022

Mazda unveils ¥1.5 trillion EV spending plan and eyes investing in battery production

The carmaker also raised its sales target for electric vehicles to up to 40% of its total global sales by 2030.
Japan Times
JAPAN / Regional Voices: Tohoku
Nov 14, 2022

Tohoku fruit producers look to overseas markets for growth

With Aomori marketing its apples in India, and Yamagata pears breaking into East Asia, the products are seen as being key to increased exports.
Japan Times
BUSINESS
Jul 7, 2022

Tired of waiting for cars, Japan’s consumers turn to motorcycles

Sales of bikes with engines larger than 251cc rose 32% to 51,035 units in the first half of the year, according to the Japan Light Motor Vehicle and Motorcycle Association.
Japan Times
BUSINESS / Tech
Jul 4, 2022

How TikTok became a bestseller machine

#BookTok, where enthusiastic readers share reading recommendations, has gone from being a novelty to becoming an anchor in the publishing industry and a dominant driver of fiction sales.
Japan Times
BUSINESS / Companies
Nov 29, 2021

Nissan unveils ¥2 trillion long-term electric vehicle strategy

Nissan, on track to return to annual profit for the first time in three years, is seeking to use know-how it amassed as an early entrant into the EV market as a foundation for growth.
Japan Times
BUSINESS / Companies
Mar 16, 2021

New Sapporo brewery planned for U.S. in market expansion move

The Japanese beermaker hopes the move, which it aims to complete by the end of 2024, will also help it to cut costs.
Japan Times
BUSINESS
Oct 27, 2020

Sushi and canned coffee get unlikely boost from record-breaking ‘Demon Slayer’ movie

Promotional tie-ins with the hit film have boosted Kura Sushi and Dydo's sales.
Japan Times
BUSINESS / Companies
Dec 11, 2019

Japanese hybrids beating slump in China's car market

China's once-in-a-generation car slump is hobbling carmakers around the globe that placed their bets on what is the world's biggest auto market. But one group is weathering the slowdown unscathed: Japanese automakers.
Japan Times
JAPAN / Regional voices: Chubu
May 27, 2019

Behind the scenes of 24/7 service: The realities of 'owning' a Japanese convenience store

A familiar orange and green signboard glares in the pitch-dark, quiet street in a residential area. There, the owner of a 7-Eleven franchise store located in the suburbs of a small city in the Chubu region works the night shift every day by himself.
Japan Times
BUSINESS
May 14, 2019

As the world hands out subsidies, U.S. states start hitting drivers of electric cars with higher fees

The rest of the world is handing out subsidies and incentives to speed up adoption of electric cars. But in nearly half of U.S. states, driving a battery-powered car requires paying additional fees.
Japan Times
BUSINESS / Companies
Feb 11, 2019

The Ghosn effect? Nissan and Renault set to unveil first post-crisis results

What kind of financial blow has the widening scandal surrounding Carlos Ghosn delivered to Nissan Motor Co. and Renault SA? Investors are about to get a glimpse when closely watched earnings releases come out this week.
EDITORIALS
Jan 9, 2019

Chinese economy sets off alarms

Alarm bells in China should set off similar warnings in Asia and beyond.
Japan Times
COMMENTARY / World
Dec 2, 2018

Only American sedans are dead

The supremacy of Japanese cars has been 40-plus years in the making.
Japan Times
BUSINESS / INSIDER REPORT
Oct 16, 2018

Reflecting the nation's history, 'sōgō shōsha' are unique to Japan

The sōgō shōsha's organization and business model is unique to Japan. This is, for the most part, because they are a reflection of Japan's own unique economic development, first during the Meiji Restoration's period of rapid industrialization and commercialization aimed at building a strong military...
Japan Times
COMMENTARY / World
Sep 3, 2018

When electric vehicles' day comes, it will be suddenly

Californians will soon be presented with compelling, cost-competitive electric vehicles of many different types. Those factors will probably drive sales up significantly.
BUSINESS / Companies
Aug 1, 2018

Mazda posts lower quarterly profit as expenses bite

Mazda Motor Corp. on Wednesday posted a 17 percent drop in operating profit for the first quarter, as a rise in discounting on U.S. vehicles and costs to improve its dealership network in the country overshadowed an increase in sales.
BUSINESS
Jun 29, 2018

Businesses cash in as Japan follows World Cup kick by kick

Although the overall impact is difficult to measure, some predict that it has already increased consumption on a scale of billions of yen.
Japan Times
BUSINESS
Feb 21, 2018

Walmart's bruising battle with Amazon saps its 4Q results

Walmart is getting bruised in its battle with online leader Amazon.
JAPAN / Media / MEDIA MIX
Dec 2, 2017

Japan's plan to export arms is lacking ammo

When U.S. President Donald Trump was here last month, he said Japan should be buying more military hardware from America, and seemed to believe it would. Trump's penchant for talking off-the-cuff is well-known, but Japan's reluctance to address the matter forthrightly may have more to do with the fact...
Japan Times
ASIA PACIFIC / Politics
Sep 20, 2017

Trump administration prepares to ease export rules for U.S. guns

The Trump administration is preparing to make it easier for American gun makers to sell small arms, including assault rifles and ammunition, to foreign buyers, according to senior U.S. officials.
Japan Times
BUSINESS / YEN FOR LIVING
Sep 8, 2017

Japan's lottery rakes in declining revenues as younger generation gives jackpot chances a pass

Several weeks ago Mavis Wanczyk, a 53-year-old woman from Massachusetts, won $758 million in the Powerball lottery — the largest single winner jackpot in North American history. Wanczyk said at a news conference that she had already quit her job and plans to "hide in bed."
BUSINESS / Companies
Aug 30, 2017

Yasumitsu Shigeta rekindles markets' love for resurgent Hikari Tsushin

Before earnings disasters caused Hikari Tsushin Inc. shares to sink 99 percent in 2000, the firm's founder and chairman, Yasumitsu Shigeta, was once among the world's richest people. Almost two decades later some investors are looking again at the Japanese company, and recent market moves suggest they...
Japan Times
BUSINESS
Jan 16, 2017

China shoppers ended 2016 on spending spree but headwinds seen brewing

Chinese consumers flocked to malls, restaurants and cinemas ahead of the year's biggest holiday season, highlighting the consumption power transforming the economy.

Longform

An illustration features the Japanese signs for "ganbare" (good luck) and the Deaflympics, which will be held between Nov. 15 and 26.
A century of Deaf sport finds its moment in Tokyo