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JAPANESE

A bouquet of flowers and incense is seen Friday at the site where the bodies of Ryutaro Takarajima, and his wife, Sachiko, were dumped in Nasu, Tochigi Prefecture.
JAPAN / Crime & Legal
Apr 27, 2024
Suspect claims he received over ¥10 million for dumping bodies in Tochigi
Investigators remain cautious, however, since a large sum of money has not been found in the suspect's home or bank account.
A monitor shows the yen's sharp decline to  ¥158 to the dollar on Saturday morning in Tokyo.
BUSINESS / Markets
Apr 27, 2024
Yen drops beyond ¥157 per dollar as BOJ keeps key rate unchanged
Japan’s currency weakened as much as 1.4% on the day and touched a session low of ¥157.79 per dollar in afternoon trading in New York.
A woman walks past the Bank of Japan headquarters in central Tokyo on Friday.
BUSINESS
Apr 26, 2024
BOJ leaves policy unchanged despite yen’s continued weakness
Investors and market observers had been watching for whether the bank would send more hawkish signals to prop up the Japanese currency.
Core inflation in Japan's capital slowed much more than expected in April, falling below the central bank's 2% target.
BUSINESS / Economy
Apr 26, 2024
Tokyo inflation slows sharply as education subsidy cuts outlays
A plunge in costs for public and private high schools shaved around half a percentage point from the overall figure, the internal affairs ministry said.
Police have arrested a Nigerian man on suspicion of smuggling stimulant drugs from Britain and tricking his romance scam victim into picking it up.
JAPAN / Crime & Legal
Apr 26, 2024
Nigerian nabbed in Japan for drug smuggling through romance scam
Police say similar cases of romance scam victims being tricked into helping smuggle illegal drugs continue to occur.
Four scam victims in Japan have sued Meta over fake online investment ads posted on Facebook that use images of celebrities.
JAPAN / Crime & Legal
Apr 25, 2024
Meta sued in Japan over celebrity investment scams
Social media online hoaxes in Japan led to ¥27.8 billion in losses last year, according to the National Police Agency.
The National Police Agency in Tokyo. Under an NPA plan, the minimum amount of state benefits paid to bereaved families of crime victims will be raised from ¥3.2 million to ¥10.6 million.
JAPAN
Apr 25, 2024
Japan to increase benefits for crime victims' families
The National Police Agency aims to carry out the revision in June after seeking public comments.
The parking lot of a convenience store in Tokyo's Shinagawa Ward where Ryoken Hirayama, a 25-year-old construction worker, told police he had lent his car to two acquaintances to handle the matter involving the couple on the instructions of a certain individual.
JAPAN / Crime & Legal
Apr 25, 2024
New details emerge over two burned bodies found in Tochigi
Police say that Sachiko and Ryutaro Takarajima may have been assaulted at a house in Tokyo hours before their deaths.
Japan's stock market attention is shifting to whether domestic market-oriented firms can bring some bullishness back to the market.
BUSINESS / Markets
Apr 25, 2024
Revival in Japanese stock market hinges on domestic demand taking hold
Attention has shifted to whether domestic market-oriented laggards may be able to bring some bullishness back to the market.
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
BUSINESS / Markets
Apr 25, 2024
Yen inches closer to intervention point as BOJ meeting starts
For the first time in over 30 years, the yen weakened beyond ¥155 per dollar, sending traders on the alert for possible intervention.
The plaintiff in the case against Mizuho Bank had sought about ¥33 million in damages, including wages he should have received.
JAPAN / Crime & Legal
Apr 24, 2024
Mizuho ordered to pay ¥3.3 million to ex-employee over labor dispute
The bank had — citing problematic behavior — told him to stay home at reduced pay without any work for five years.
The yen’s slide has pushed up import bills in Japan, keeping domestic consumer spending tepid, with analysts saying any gains in real wages may evaporate if the yen depreciates further.
BUSINESS / Economy
Apr 24, 2024
Investors loved weak yen boosting shares until it went too far
Concern is growing that the currency is becoming a liability for Japan’s economy and stocks.
An electronic board in Tokyo showing the yen-dollar rate on Wednesday
BUSINESS / Markets
Apr 24, 2024
Japan ‘very close’ to yen intervention, former top currency official says
Market reaction to U.S. data could encourage Japanese authorities to act about the yen, according to Mitsuhiro Furusawa.
Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok on the sidelines of IMF and G20 meetings in Washington last week.
BUSINESS / Markets
Apr 23, 2024
Tokyo issues strong warning on yen intervention as currency dips further
Comments by Finance Minister Shunichi Suzuki came after the dollar rose to ¥154.85, its strongest levels against the Japanese currency since 1990.
Hirotada Ototake interacts with voters during a campaign stop in Tokyo's Koto Ward on Sunday.
JAPAN / Crime & Legal
Apr 23, 2024
Man arrested over assault of Tokyo by-election campaign staffer
The suspect allegedly pushed a male staff member of candidate Hirotada Ototake, resulting in minor injuries.
Bank of Japan Gov. Kazuo Ueda hasn’t ruled out responding to exchange rates with a policy move if the impact on prices is seen to be "non-negligible.”
BUSINESS / Economy
Apr 23, 2024
BOJ to hold rates with focus on hawkish signals to buoy yen
Gov. Kazuo Ueda and his fellow board members are set to keep the short-term rate around 0% to 0.1% at the end of their two-day policy meeting.
About 60% of small and mid-sized companies plan to raise wages in fiscal 2024, a government survey shows.
BUSINESS / Economy
Apr 23, 2024
70% of Japan companies to raise pay-scales in FY 2024
Survey results showed that about 40% of firms were struggling with labor shortages even after raising wages.
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
JAPAN / Crime & Legal
Apr 22, 2024
'Sugar Baby Riri' gets nine-year prison term over romance scam
The 25-year-old swindled three men out of ¥159 million, which she spent on a Kabukicho host she fell in love with.
Ryoken Hirayama, a construction worker arrested in connection with the discovery of the two charred bodies in Tochigi Prefecture, leaves a Tokyo police station on Monday. He has been handed over to prosecutors.
JAPAN / Crime & Legal
Apr 22, 2024
Man held over charred bodies found in Tochigi says he didn't know victims
Police are investigating further following a disclosure by the man that he had acted on a request from an unnamed person.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores