Tag - nippon

 
 

NIPPON

A tax-free shop in Kyoto in April 2024. Last week, members of a Liberal Democratic Party study group drafted a proposal seeking to scrap the country's tax-free shopping system altogether.
JAPAN / Politics / FOCUS
Jun 5, 2025
Japan eyes tougher rules for foreign residents and tax hike for tourists
Ideas range from stricter driver's license tests for foreign nationals to increasing taxes on foreign visitors.
U.S. President Donald Trump at the U.S. Steel Corporation Irvin Works facility in West Mifflin, Pennsylvania, on Friday
BUSINESS / Companies
May 31, 2025
Trump to hike steel tariffs to 50% to aid Nippon-U.S. Steel
The U.S. president said the move would help protect American steelworkers during a visit to a United States Steel plant on Friday.
Nippon Steel said it would build a new electric arc furnace — which uses scrap metal as a raw material — at its Kyushu works, while expanding and restarting capacity at two other sites.
BUSINESS / Companies
May 30, 2025
Nippon Steel plans $6 billion investment in its Japanese mills
The spending in Japan comes at a critical juncture for the firm’s 17-month push to acquire U.S. Steel.
The ruling Liberal Democratic Party-Komeito coalition and Nippon Ishin no Kai have agreed to remove up to 110,000 redundant hospital beds across the country.
JAPAN / Politics
May 30, 2025
LDP, Komeito and Nippon Ishin agree to phase out redundant hospital beds
The removal of 110,000 unnecessary hospital beds is estimated to save around ¥1 trillion in medical costs.
Nippon Yusen, Japan's biggest shipper, believes there will probably not be another decline in bookings impacted by U.S. tariffs this year.
BUSINESS / Companies
May 30, 2025
Top Japan shipper sees orders recovering as trade tensions ease
Nippon Yusen saw a robust recovery in container shipping orders following an easing in tensions between the United States and some of its trading partners this month.
Nippon Steel’s pursuit of U.S. Steel may succeed thanks to a U.S. veto-wielding golden share, but the high costs, political concessions and strategic risks suggest the deal could end up being a costly misstep.
COMMENTARY / Japan
May 30, 2025
Stop the steel! Japan’s giving too much away in this deal.
Nippon Steel risks handcuffing itself giving Trump a golden share.
U.S. Steel Edgar Thompson Works in Pennsylvania
BUSINESS / Economy
May 29, 2025
Trump’s Nippon Steel bid support boosts Japan’s trade talk hopes
The apparent breakthrough raises the possibility that Japan could get some new traction in its bid to get tariffs on autos and other exports removed.
Nippon Steel headquarters in Tokyo. The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.
BUSINESS / Companies
May 28, 2025
Golden share fix proposed for knotty Nippon Steel-U.S. Steel deal
The plan would give the U.S. government a veto over certain company decisions.
Donald Trump’s approval of Nippon Steel’s U.S. Steel partnership signals a key step in U.S.-Japan economic and security cooperation amid rising competition with China.
COMMENTARY / Japan
May 27, 2025
Nippon Steel partnership go-ahead boosts U.S.-Japan cooperation
The move is a sharp departure from Trump’s earlier, politically motivated stance opposing foreign ownership of U.S. Steel.
Takahiro Mori, executive vice president of Japan's biggest steelmaker Nippon Steel, speaks about its strategy in its headquarters in Tokyo on Nov. 28, 2023.
BUSINESS / Companies / FOCUS
May 26, 2025
Garage meets and sleepless flights: How Nippon Steel's negotiator stuck at U.S. merger
With Biden's incoming successor Donald Trump also voicing opposition to the planned purchase, the outlook was bleak.
Fighters starter Hiromi Ito pitches against the Hawks in Fukuoka on April 29.
BASEBALL / Japanese Baseball / Sac Bunts
May 26, 2025
Fighters already showing last season's playoff run was no fluke
Nippon Ham manager Tsuyoshi Shinjo has dialed back his antics lately, and perhaps with good reason — because it looks like the players are ready to take center stage.
A United States Steel plant in River Rouge, Michigan. The guessing game continues as to what a "partnership" between Nippon Steel and U.S. Steel, as announced by U.S. President Donald Trump, actually entails.
BUSINESS / Companies
May 26, 2025
Even Nippon Steel is unsure about what a ‘partnership’ with U.S. Steel means
U.S. President Donald Trump's plan for the steelmakers has left the markets guessing and the participants keen to remain mum.
U.S. President Donald Trump says U.S. Steel will be "controlled by the United States, otherwise I wouldn’t make the deal” on what he called a "partnership" with Nippon Steel.
BUSINESS / Companies
May 26, 2025
Trump backing for Nippon Steel deal comes with big questions
The U.S. leader's unexpected announcement stopped short of explicitly endorsing Nippon Steel’s proposed takeover, instead asserting that U.S. Steel would "remain American.”
U.S. President Donald Trump points as he boards Air Force One en route to New Jersey, at Joint Base Andrews, Maryland, on Friday.
BUSINESS / Companies
May 24, 2025
Trump announces Nippon Steel-U.S. Steel ‘partnership’ deal
Media reports said the agreement signaled the approval of a takeover of the iconic American company by the Japanese steelmaker.
The Committee on Foreign Investment in the U.S. on Wednesday submitted a recommendation to President Donald Trump on Nippon Steel's fraught $14.9 billion bid for U.S. Steel, a person familiar with the matter said, without providing further detail on its contents.
BUSINESS / Companies
May 23, 2025
U.S. panel submits view on Nippon Steel-U.S. Steel deal to Trump
Trump will now have 15 days to decide the fate of the transaction, although the timeline could slip.
Yoshinobu Tsutsui (left), who is expected to become the new Keidanren chairman, speaks during a news conference in Tokyo on March 25, as the current chairman, Masakazu Tokura, looks on.
BUSINESS / FOCUS
May 23, 2025
Keidanren to install first leader from financial sector
The post of Keidanren chairman has traditionally been held by leaders from the manufacturing sector.
Nippon Ishin no Kai co-leader Seiji Maehara speaks to reporters in Tokyo on Friday.
JAPAN / Politics / FOCUS
May 21, 2025
Nippon Ishin grapples with poor governance ahead of Upper House election
Scandals, resignations and local election losses have left it far short of becoming Japan’s largest opposition force or a ruling party.
Nippon Steel Vice Chairman Takahiro Mori speaks during an interview in Tokyo on Monday.
BUSINESS / Companies
May 21, 2025
Nippon Steel says it is confident Trump's buyout concerns have been addressed
Wednesday is the deadline for the Committee on Foreign Investment in the United States to review Nippon Steel's acquisition plan again.
Police have arrested a senior official of Nippon Kakekomidera, a nonprofit organization that helps vulnerable people in Tokyo’s Kabukicho district, for cocaine possession.
JAPAN / Crime & Legal
May 20, 2025
Youth support group official arrested for cocaine possession
A senior official of a group that helps youth in Tokyo's red-light district was arrested along with a woman in her 20s who is believed to have sought help from the nonprofit.
The supercharged investment pledge, up from an initial $1.4 billion, was pitched as part of a last-ditch effort to win approval of the merger, which has drawn fire from both U.S. Presidents Donald Trump and Joe Biden.
BUSINESS / Companies
May 20, 2025
Nippon Steel eyes billions more in U.S. Steel investments if Trump green-lights deal
It is unclear if the billions in new investment will be enough to sway Trump, though two sources said his administration sought the increased investment.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’