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FACTEV shows that a Nissan Leaf electric car driven in Hokkaido will get between 106 kilometers and 212 kilometers per charge in its first year.
BUSINESS / Companies
Dec 12, 2023

Using big data to speed up Japan’s slow electric car transition

Gaming company DeNA has developed an EV simulation tool that can assess the lifespan and cruising range per charge of battery cars over time.
Japan’s producer price index rose 0.3% in November from a year earlier.
BUSINESS / Economy
Dec 12, 2023

Japan’s input inflation eases further to slowest pace since 2021

The persistent slowdown in the index this year is in line with the BOJ’s view that price pressures are cooling.
A Hyundai Ioniq 5 electric vehicle charges at Chaevi Stay Charging Station in Seoul on Oct. 18
BUSINESS / Companies
Dec 12, 2023

South Korean auto-battery firms cautious on challenging China rivals

Feeding their worries is slowing growth in electric vehicle sales, price competition and the potential for changes in United States subsidies.
Japanese civil engineering group Infroneer said it would buy Japan Wind Development from Bain Capital for about $1.4 billion.
BUSINESS / Companies
Dec 12, 2023

Japan's Infroneer to buy Japan Wind Development from Bain Capital

The $1.4 billion acquisition will expand the Japanese civil engineering group's renewable energy business.
Mena Kato, Microsoft's new director of Japan partnerships for Xbox, during an interview in Tokyo on Nov. 29
BUSINESS / Companies
Dec 13, 2023

Microsoft taps PlayStation veteran to champion Xbox in Japan

Mena Kato is counting on her dealmaking skills, Microsoft’s global reach and local connections to make the Xbox a relevant player.
Since starting out as a venue for short, silly lip-syncing videos, TikTok has emerged as an incubator for consumer trends, with millions of people trying on clothes and reviewing products.
BUSINESS / Companies
Dec 13, 2023

TikTok Shop sees early success, taking aim at giant Amazon

In a sign of how seriously Amazon is taking TikTok, the company cut deals with Pinterest, Meta and Snapchat to let users shop without leaving those apps.
BUSINESS / Economy
Dec 14, 2023

Japan's ruling coalition OKs tax reforms amid public skepticism

The schedule for planned tax hikes to boost defense spending was once again not made clear.
Toyota dealer Hiroshima Toyopet has installed air conditioners at all 30 of its maintenance facilities in Hiroshima Prefecture to ensure mechanics can work comfortably during the summer.
BUSINESS / Companies / Regional Voices: Hiroshima
Dec 25, 2023

Hiroshima car dealers seek ways to attract mechanics

Since many people use their cars as a daily means of transportation, it is essential to secure a stable pool of mechanics.
Mitsubishi UFJ Trust and Banking is set to buy Australian data manager Link Administration Holdings for 1.11 billion Australian dollars.
BUSINESS / Companies
Dec 18, 2023

MUFG to buy Australia’s Link in ¥106 billion deal

The unit of Japan’s largest bank, Mitsubishi UFJ Financial Group, will pay AU$2.10 per share, a 23.5% premium to Friday’s closing stock price.
X owner Elon Musk
BUSINESS / Tech
Dec 19, 2023

EU targets Musk's X in first illegal content probe

The probe will focus on countering the dissemination of illegal content and the effectiveness of measures taken to combat information manipulation.
Apple Watch Ultra 2 devices displayed in Los Angeles. Apple said on Dec. 18 it will stop selling some of its smartwatch models in the United States while it fights a patent battle over technology for detecting blood oxygen levels.
BUSINESS / Companies
Dec 19, 2023

Apple plans rescue for $17 billion watch biz in face of U.S. ban

If the ban holds, Apple is working on a range of legal and technical options.
Koo Yeon-kyung, the eldest daughter of LG's former chairperson Koo Bon-moo, at her home in Seoul on Oct. 3. The death of Koo Bon-moo in 2018 without a will sparked a power struggle within the Koo family and LG over the inheritance of his estimated $1.5 billion fortune — including his 11% stake in the company.
BUSINESS / Companies
Dec 19, 2023

Family split at LG tests corporate succession in South Korea

Wife and daughters of late chairman accuse adopted son and other executives of deception to steal their inheritance to bolster his claim to the company.
An office of Tokio Marine & Nichido Fire Insurance in Tokyo in 2016.
BUSINESS / Companies
Dec 19, 2023

FTC inspects nonlife insurers over alleged joint contract cartel

The on-site probes follow reports the firms prearranged premiums for joint insurance contracts with corporate and public entities.
Bank of Japan Gov. Kazuo Ueda attends a news conference after a policy meeting at BOJ headquarters in Tokyo on Tuesday.
BUSINESS / Economy
Dec 19, 2023

BOJ holds off from policy normalization moves amid growing pressure

BOJ Gov. Kazuo Ueda’s comment during a parliamentary session on Dec. 7 increased expectations that the bank might send some signals of a policy change.
Daihatsu said Wednesday that it will suspend shipments of all vehicle models made in Japan and abroad due to an unfolding scandal over misconduct in its crash tests.
BUSINESS / Companies
Dec 20, 2023

Toyota's Daihatsu to halt shipments as safety scandal widens

The results of an investigation suggest the scope of safety concerns, first disclosed in April, is now far greater than previously thought.
The Shimbashi area of Tokyo's Minato Ward is crowded with office workers on Friday.
BUSINESS
Dec 20, 2023

Pubs in Japan thriving again as year-end parties return

On Friday night, many drinking places in the Shimbashi district of Tokyo's Minato Ward were packed with customers.
Fishermen land scallops at Nemuro Port in Nemuro, Hokkaido, in April 2022.
BUSINESS
Dec 20, 2023

Japan to test scallop processing in Mexico

Under the plan scallops will be processed in Ensenada in the Mexican state of Baja California, about 100 kilometers from the border with the U.S.
BUSINESS / Companies
Dec 21, 2023

Daihatsu offices raided after scandal halts all car shipments

The raid followed revelations that the carmaker and supplier had manipulated the results of various collision safety tests dating as far back as 1989.
Japan's industry ministry said it would provide Samsung subsidies worth up to ¥20 billion as it looks to support the revitalization of domestic chip manufacturing.
BUSINESS / Companies
Dec 21, 2023

Samsung to set up chip packaging research facility in Japan

Samsung's investment comes at a time of easing tensions between South Korea and Japan.
A drugstore in Tokyo in October
BUSINESS
Dec 23, 2023

Fund that got in before Buffett now likes Japan drugstores

A top fund manager says there’s opportunity to profit from consolidation in the sector.
An Aladdin X staff member plays Suika Game on its home projector in Tokyo on Friday. Suika Game was originally developed for the company's line of home projectors.
BUSINESS / Tech
Dec 25, 2023

Suika Game: How a Japanese home projector app became a viral hit

The puzzle game has ranked No. 1 in Nintendo Switch software downloads, topping titles such as Super Mario Bros. Wonder.
Business service prices for hotels rose 51.8% in November compared with the previous year, on the back of a surge in inbound tourism following the lifting of pandemic controls and domestic demand for travel.
BUSINESS / Economy
Dec 26, 2023

Japan's service price growth holds steady, maintaining 30-year high

Prices for services rising at the fastest pace since April 1992 will likely fuel speculation that the Bank of Japan may normalize policy in coming months.
BUSINESS / Companies
Dec 28, 2023

Daihatsu to compensate lower-tier suppliers for halted production

Production was stopped at all of the company's factories in Japan this week.
Salesforce headquarters in San Francisco.
BUSINESS / Tech
Dec 29, 2023

Software companies finally had to care about profit in 2023

The pressure was acute for money-losing companies.
Bank of Japan Gov. Kazuo Ueda gives a news conference after a policy meeting at BOJ headquarters in Tokyo on Dec. 19.
BUSINESS / Economy
Dec 31, 2023

BOJ likely to finally seek normalization 2024

A turn in Japan's economic tide is in view as the Bank of Japan signals readiness to wind down its aggressive monetary stimulus.
The Alumy website, which offers a service for companies that want to connect with individuals who have quit their jobs
BUSINESS / Companies
Dec 31, 2023

More Japanese companies move to rehire former employees

Previously, it had been widely believed that quitting a job means completely severing the relationship with the employer.
The most expensive tuna sold at this year's first auction displayed outside Toyosu Market in Tokyo on Friday
BUSINESS
Jan 5, 2024

Tokyo’s top tuna for the new year sells for ¥114.2 million

The tuna weighed 238 kilograms and was sold Friday to seafood wholesaler Yamayuki and sushi chain operator Onodera Group.
The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024

Xi Jinping’s solution for China’s economy risks triggering new trade war

Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
Sony plans to file the termination notice before a Jan. 20 extended deadline for closing the deal with Zee.
BUSINESS / Companies
Jan 9, 2024

Sony plans to call off $10 billion merger with India’s Zee

The plan to cancel the deal is due to a standoff over whether Zee CEO Punit Goenka would lead the merged entity amid a regulatory probe.
The Pilbara Minerals Pilgangoora lithium project in Port Hedland, Western Australia
COMMENTARY / World
Jan 9, 2024

Lithium’s promised land looks more like the old country

Two decades ago, Australia mined less than a fifth of the world’s lithium. In 2021, it dug more than every other country put together.

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A mushroom cloud from the atomic bombing on Hiroshima taken from a U.S. military aircraft on Aug. 6, 1945. Copying the photo without permission is prohibited.
80 years on, a Japanese American hibakusha recalls the day the bomb dropped