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October 05, 2025
 

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In a boon to Saudi Arabia's government, which is seeking to fund a massive economic transformation plan, Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday.
BUSINESS / Markets
Jun 3, 2024

Saudi Aramco’s $12 billion stock offer sells out in hours

The extent of foreign participation will be closely watched as an indicator of interest in Saudi Arabia's assets.
In a meeting with Nippon Ishin no Kai head Nobuyuki Baba (left) in Tokyo last Friday, Prime Minister Fumio Kishida had secured a formal endorsement of the Liberal Democratic Party's proposed revisions for the political funding law.
JAPAN / Politics
Jun 4, 2024

Fumble with Nippon Ishin over funding vote adds to Kishida's predicament

The calling off of Tuesday's vote on the Liberal Democratic Party's proposed revisions for the political funding law might shake his precarious standing in the party.
Naoki Okamura, chief executive officer of Astellas Pharma, speaks during an interview in Tokyo on Monday.
BUSINESS / Companies
Jun 11, 2024

Astellas seeks green light for eye drug Izervay in Europe and Japan

The drugmaker is in discussions with Japanese regulators about whether clinical trials for local patients are needed, Chief Executive Naoki Okamura said.
Debt rating firms have raised SoftBank Group’s grade as the Tokyo-based company’s earnings from investments begin to stabilize.
BUSINESS / Companies
Jun 13, 2024

SoftBank’s bond underwriting fee drops for first time in decade

The firm paid brokerages ¥1.10 per ¥100 to underwrite ¥550 billion of seven-year notes for individual investors, according to a company filing.
Japan's exports in May showed the largest year-on-year increase since November 2022, but persistent weakness in the yen is raising concerns about the potential for a resurgence in cost-push inflation.
BUSINESS / Economy
Jun 19, 2024

Japan’s exports grow most since 2022 on boost from weak yen

Exports increased 13.5% from a year ago in May, marking a sixth month of gains, the Finance Ministry reported.
Nissan's Leaf electric vehicle, equipped with autonomous driving technology, during a test ride in the Yokohama Minato Mirai area in Yokohama in May
BUSINESS / Companies
Jun 21, 2024

Japan focuses on smart cars as automakers fall behind U.S. and China

While driving assistance technology and map navigation features are installed in Japanese cars, they lack more advanced features.
Nissan's Hyper Force at the Beijing Auto Show in Beijing on May 3
BUSINESS / Companies
Jun 23, 2024

Nissan closes car plant in China

The closure on Friday came amid the rapid spread of electric vehicles in China, which has led to serious sales slumps for Japanese automakers.
Exports from New Zealand to the U.S. rose to a record $5.4 billion in the 12 months through May.
BUSINESS / Markets
Jun 24, 2024

U.S. usurps Australia as New Zealand’s No. 2 export market

Exports to the U.S. rose to a record 8.8 billion New Zealand dollars ($5.4 billion) in the 12 months through May.
A rare earths plant owned by Neo Performance Materials in Sillamae, Estonia
BUSINESS / FOCUS
Jun 27, 2024

In race to regain rare earth glory, Europe falls short on mineral goals

EU demand for rare earths is forecast to soar sixfold in the decade to 2030 and sevenfold by 2050.
Cameras and lenses are displayed at Fujifilm Holdings headquarters in Tokyo on June 7.
BUSINESS / Companies
Jun 28, 2024

Fujifilm once struggled to sell cameras. Now, it can't keep up with demand.

Fujifilm is struggling to meet demand for the X100 camera, prized by young 20-something social media users for its looks and high-end functions.
Boeing 737 MAX aircraft are assembled at the company’s plant in Renton, Washington, on June 25.
BUSINESS / Companies
Jul 9, 2024

Boeing in talks with U.S. Defense Department on impact of guilty plea

The plea in relation to two fatal crashes involving its planes in 2018 and 2019 potentially threatens the company's ability to secure lucrative government contracts.
The production plant of GCL Technology in Xuzhou, Jiangsu province, China, on July 2
BUSINESS / Economy
Jul 16, 2024

Xi Jinping’s great economic rewiring is cushioning China’s slowdown

Tech advances and a resulting export boom have helped to keep economic growth within reach of its targeted pace of around 5%.
A Maruti Suzuki India showroom in New Delhi. Suzuki hopes to grab 50% share of the Indian market by 2030, targeting 15% of its sales in India to be electric vehicles by that time.
BUSINESS / Companies
Jul 22, 2024

Suzuki sees India’s automobile market growing fivefold by 2047

Promising growth in the electric vehicles segment is putting the South Asian country's car market on track to reach 20 million units by 2047.
Harley-Davidson motorcycles on display in Tokyo. Japan's antitrust watchdog has raided the manufacturer's Japan unit for allegedly imposing excessive sales quotas on its dealers.
JAPAN
Jul 30, 2024

Harley-Davidson's Japan unit raided after quotas force dealers into hardship

The motorcycle manufacturer's unit in Tokyo is also suspected of having dealers buy Harley-Davidson models that they did not want.
Japan's industrial production in June fell 3.6% from the previous month, reflecting plant suspensions at vehicle-makers including Toyota due to faulty vehicle certifications.
BUSINESS / Economy
Jul 31, 2024

Japan’s industrial output falls, clouding recovery outlook

The production of cars and auto parts drove the reading lower as an ongoing probe involving carmakers such as Toyota continues to disrupt output.
Passengers enter Yurakucho station in Tokyo on Friday.
JAPAN
Aug 7, 2024

JR East to resume production of Suica cards as early as fall

Now that JR East has enough chips in stock, they are preparing to resume selling name-registered Suica cards.
The tradition of koromogae, which involves changing storage spaces for clothes according to the season, is becoming less common, largely due to the increasing adoption of Western-style closets that accommodate all clothing year-round.
BUSINESS
Aug 13, 2024

Mothball makers innovate amid shrinking market

The market has been diminishing as synthetic fibers, which are resistant to insect damage, have become widely used in clothing.
A monitor in Tokyo on Friday shows the Nikkei stock average rising more than 1,000 points from the previous day.
BUSINESS / Markets
Aug 16, 2024

Nikkei surges on back of strong U.S. economic data

The 225-issue Nikkei average added 3.64% to end the session at 38,062.67, a gain of 8.7% over the week.
Shoppers outside a Sephora store in Vancouver on Aug. 15
BUSINESS / Companies
Aug 22, 2024

LVMH’s Sephora cuts around 10% of staff in China as its woes deepen

While Sephora has expanded to some 300 stores since entering China in 2005, the country is increasingly difficult for higher-end retailers to navigate.
Factory activity in China contracted for a fourth straight month in August, with subindexes showing deepening deflationary pressures.
BUSINESS / Economy
Sep 2, 2024

China faces calls for stimulus as growth engines stall amid property woes

Factory activity contracted for a fourth month in August, with subindexes showing deflationary pressures and latest sales figures showing a worsening residential slump.
A Samsung high-bandwidth memory chip. South Korea is among a handful of semiconductor powerhouses that face a potential U.S. ban on exports to China of state-of-the-art chips, including high-bandwidth memory, used to train artificial intelligence.
BUSINESS / Tech
Sep 2, 2024

South Korea wants U.S. ‘carrots’ for embracing China chip curbs

South Korean trade minister says incentives ‘would help U.S. policy be embraced more easily.’
The U.S. has been pressuring Japan to impose additional restrictions on the ability of firms to sell advanced chipmaking tools to China, as part of a long-running campaign to curtail China’s semiconductor progress.
BUSINESS / Economy
Sep 2, 2024

China warns Japan of retaliation over potential new chip curbs

One major concern is that Beijing could cut off Japan’s access to critical minerals that are essential for automotive production.
The Jeep Avenger fully electric compact utility car debuted in Japan on Thursday.
BUSINESS / Companies
Sep 26, 2024

Jeep’s compact EV debuts in Japan as imported EVs take the lead

In Japan, gasoline and hybrid gas-electric cars remain the dominant powertrains of choice for local consumers.
Seven & I had been under pressure from activists and other investors for years to narrow its focus on its crown jewel: 7-Eleven and other convenience stores.
BUSINESS / Companies
Oct 10, 2024

Seven & I to embrace 7-Eleven name as it sheds noncore businesses

The plans accelerate restructuring efforts in the face of an unsolicited ¥7 trillion takeover proposal from Alimentation Couche-Tard.
Renault R4 E-Tech electric cars are displayed during the media day at the 2024 Paris Motor Show on Monday.
BUSINESS
Oct 15, 2024

China-Europe rivalry heats up at Paris car show as EV tariffs loom

Struggling European automakers need to prove they are still in the game, while Chinese rivals are aiming to get a foothold in a competitive market.
Components of a Huawei Technologies smartphone. Lawmakers in the U.S. are pushing to block Huawei suppliers from buying American chipmaking gear.
BUSINESS / Tech
Oct 17, 2024

Key lawmakers push to cut off Huawei suppliers from U.S. chip gear

The U.S. and its allies have broadly blocked sales of the most advanced chips and manufacturing gear to China.
An electric stock board at the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo on April 19
BUSINESS / Markets
Oct 21, 2024

Asian IPOs set for blockbuster week as ‘animal spirits’ return

Asian markets are seeing a return of "animal spirits," or changes in market behavior often driven by emotions.
The ASML headquarters in Veldhoven, Netherlands, on Thursday. Semiconductor equipment makers such as ASML have unusually long-range views of how their customers are feeling, and at the moment, they’re flashing a caution signal for everything other than artificial intelligence.
BUSINESS / Tech
Oct 21, 2024

ASML shows chasm in chip land: AI winners versus everyone else

The semiconductor equipment makers’ results sparked worries about the health of the chip industry, which is being hurt by weakness in non-AI businesses.
People from Thailand look at used smartphones in Tokyo's Akihabara district in October 2022.
BUSINESS / Markets
Oct 23, 2024

Japan's secondhand smartphone market booms as households struggle

Sales of used goods in Japan have grown rapidly as households struggle to make ends meet.
A McDonald's Quarter Pounder hamburger. The fast-food chain has pulled the Quarter Pounder from about one-fifth of its U.S. restaurants.
BUSINESS / Companies
Oct 25, 2024

Fast-food chains hold the onions after McDonald's E. coli outbreak

The U.S. Department of Agriculture said late on Wednesday that fresh onions were the likely source of the E. coli outbreak.
Takaichi poised to become Japan's first female PM after winning LDP poll
Sanae Takaichi, the newly elected leader of the ruling Liberal Democratic Party, holds a news conference after the LDP presidential election in Tokyo on Saturday.
A Japanese ski resort town is roiled by a debate over immigration
A Swedish snowboard instructor works at the Niseko ski resort area on Hokkaido, in Kutchan, in December 2022
Tokyo's newest stationery store sells 'a slower, more human rhythm'
Plotter's signature customizable leather binder is just one of many products contributing to the ongoing boom in the popularity of Japanese stationery.
Retro-wrapped trains mark 100th anniversary of Tokyo's Yamanote Line
Trains decorated to resemble the 103 (left) and 205 series of trains that formerly ran on the Yamanote Line, in Tokyo on Saturday.
One dead, one missing in Japan after bear attack
A bear warning sign. More and more wild bears have been spotted in Japan in recent years, even in residential areas, due to factors including a declining human population and climate change.
How a family-run landscaper turned the Osaka Expo green
The team at Ryokukou Garden consists primarily of a single family, including Toshiki Tanisaki (second from right), who led the company's efforts at the Osaka Expo, Chikako Tanisaki (fifth from right), who performs daily maintanence at the expo, and Takeshi Tanisaki (fourth from right), who added a nursery to the family farm more than 50 years ago.
Eat your balloons: The culinary theater of Grant Achatz comes to Tokyo
Avant-garde chef Grant Achatz and his team from Alinea are in Tokyo for a three-week residency.
Japan’s first foreign wine investor plants its roots in Hokkaido
Intrigued by Japanese wines, Burgundy winemaker Etienne de Montille decided to explore Hokkaido's wine scene, eventually setting up his outpost in Hakodate in 2017.
Tea ceremony experts see matcha boom as a big opportunity
Atsuko Mori, founder and director of Kyoto-based tea salon Camellia Tea Ceremony, prepares matcha during a tea ceremony in Kyoto.
The summer kabuki came roaring back
Kabuki has been trying for years to attract a new generation of fans. One way to do this has been to adapt manga and anime franchises, such as “Naruto,” for the stage. 

Podcast

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

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?
By Alex K.T. Martin

SUSTAINABLE JAPAN

We are pleased to announce the winners of the 6th annual Sustainable Japan Award.
We are pleased to announce the winners of the 6th annual Sustainable Japan Award.

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