Tag - meti

 
 

METI

BUSINESS
Aug 5, 2022
Japan government asks Sakhalin-2 stakeholders to 'think positively' about new entity
State gas company Gazprom will receive just over 50% of the entity replacing Sakhalin Energy, the current operator.
BUSINESS
Jun 24, 2022
Japan to resume offshore wind power auctions after revising rules
The proposed changes would give a higher score to operators who submit earlier start dates and set a limit on bids that one consortium can win when multiple ocean areas are auctioned.
BUSINESS
Apr 22, 2022
Japan to auction 4.8 million barrels of national reserve oil on May 10
The government will make plans to release another 4.2 million barrels from state reserves as soon as possible, an industry ministry official said.
Japan Times
BUSINESS
Apr 22, 2022
China's interest in Shell's Russian gas stake adds impetus for Japan to stay
Exiting Russian LNG projects would force Japan to source replacement fuel from the already tight spot market, threatening to boost prices that are trading near record-high levels.
Japan Times
BUSINESS
Apr 15, 2022
Japan to release 6 million barrels of oil from private reserves as part of IEA-led action
Japan will release the petroleum by allowing local refiners to lower their mandatory stockpile level in private reserves by three days.
Japan Times
BUSINESS / Economy
Mar 31, 2022
Japan to take emergency steps to secure key materials amid Ukraine crisis
Seven key items will be subject to the steps, including oil, palladium and ferroalloy.
Japan Times
BUSINESS
Mar 30, 2022
Japanese power retailers exiting business as energy crunch worsens
In the last month, at least four companies halted power retail operations, as a surge in wholesale electricity prices makes it challenging to procure stable supply and turn a profit.
BUSINESS / EXPLAINER
Mar 3, 2022
Japan’s oil stockpiles come into spotlight following Russia's invasion of Ukraine
The IAE, of which Japan is a member, decided to release 60 million barrels of oil reserves as a step toward stabilizing global oil markets, which have been rattled by the war in Ukraine.
BUSINESS
Feb 9, 2022
Japan to send LNG to Europe amid Ukraine tensions
Following a request from the U.S., the government has said that it will offer surplus supplies to Europe.
Japan Times
JAPAN
Dec 5, 2021
Omicron throws a wrench in Osaka’s plan to promote 2025 expo in Dubai
Although Japan Day will still take place at the Dubai Expo on Dec. 11, key Japanese officials will be absent, hampering lobbying efforts for the 2025 event in Osaka.
Japan Times
BUSINESS / Economy
Nov 16, 2021
Japan sets goal of tripling domestic chip revenue by 2030
Officials set a goal of increasing domestic semiconductor firms' annual revenue to more than $114 billion by 2030.
Japan Times
BUSINESS / Economy
Sep 7, 2021
Japan steps up self-driving to revive rural areas and aid older population
The government has earmarked about u00a56 billion ($55 million) for developing autonomous-driving services this fiscal year.
Japan Times
BUSINESS
Sep 4, 2021
Tokyo ready to back Western Digital-Kioxia deal if key tech stays in Japan, sources say
The tie-up could give Japan greater leverage in geopolitical rivalries increasingly dominated by technology, including over shortages of chips.
Japan Times
BUSINESS / Companies / FOCUS
Aug 30, 2021
Western Digital pitch for new Kioxia deal faces familiar hurdles
Resistance from within Japan, China and Kioxia's own management are among the challenges ahead.
BUSINESS / Tech
Aug 12, 2021
Japan joins efforts to back women’s health tech businesses
The economy ministry has chosen 20 'femtech' firms for a combined subsidy of u00a5150 million to help them develop products and services that can help with issues such as menstruation.
Japan Times
BUSINESS / ANALYSIS
Jul 21, 2021
Japan sets 60% target for nonfossil fuel energy sources by fiscal 2030
Difficulties boosting nuclear power and increasing solar and off-shore wind mean the new energy plan's goals will be difficult to achieve, experts say.
Japan Times
BUSINESS / Companies
Jul 16, 2021
TSMC considering expansion in Japan and U.S. to meet sustained chip demand
The world's largest contract chipmaker and a major Apple Inc. supplier has said it is currently reviewing a plan to set up a specialty technology wafer fabrication plant in Japan.
BUSINESS / Companies / FOCUS
Jun 16, 2021
‘Deeply disturbing’ Toshiba report points to powerful figures
It's a rare public account of how Japan's bureaucrats allegedly coordinated with a private company to exert control over foreign shareholders.
Japan Times
BUSINESS / Companies
Jun 14, 2021
Toshiba to drop two board members as shareholders demand action
An advisory firm has recommended voting against five board members, including the dropped pair, after a probe found the firm colluded with the government to fix a key shareholder vote.
Japan Times
BUSINESS / Companies
Jun 13, 2021
Toshiba's No. 2 shareholder calls for resignation of board chair and three directors
The demand comes after an investigation found the company had colluded with the government to pressure foreign investors.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building