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February 04, 2025
 

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Kanoko Matsuyama
The U.S. Food and Drug Administration's approval of novel breast cancer treatment by Daiichi Sankyo and AstraZeneca led Daiichi Sankyo's shares to post the largest intraday gain since August on Monday.
BUSINESS / Companies
Jan 20, 2025
Daiichi Sankyo rises most in five months on cancer drug approval
Datroway, developed with AstraZeneca, has been approved for patients with advanced breast tumors.
Seven & I Holdings reported Thursday that its operating profit was ¥128.4 billion during the three months to the end of November, compared with ¥169 billion a year earlier.
BUSINESS / Companies
Jan 9, 2025
Seven & I profit drops despite recovery in convenience stores
Operating profit was ¥128.4 billion during the three months to the end of November, compared with ¥169 billion a year earlier.
Uniqlo owner Fast Retailing reported strong growth in revenue and operating profit for the three months through November on robust demand in Japan, North America and Europe.
BUSINESS / Companies
Jan 9, 2025
Uniqlo owner reports strong growth in Japan and Western markets
Operating profit rose 7% to ¥157.6 billion for the three months ended November from a year earlier, with sales increasing to ¥895.2 billion.
Seven & I Holdings CEO Ryuichi Isaka
BUSINESS / Companies
Feb 7, 2024
Japan’s convenience stores can span the globe, 7-Eleven CEO says
Ryuichi Isaka believes Seven-Eleven Japan’s know-how in making cheap, high-quality food will drive growth overseas.
Uniqlo's Round Mini Shoulder Bag on sale at a store in London
BUSINESS / Companies
Jan 16, 2024
Uniqlo sues Chinese fast-fashion rival Shein to defend hit bag
Fast Retailing joins rival Hennes & Mauritz in suing Shein for copyright infringement in Hong Kong where litigation has been underway since 2021.
The government plans to raise the retirement age of drivers of privately owned cabs to 80, from 75 currently, as rural areas in particular suffer from an acute shortage of transportation for the elderly.
BUSINESS / Economy
Dec 4, 2023
Expanding labor shortage pushes Japan to find new ways to fill jobs
Companies have been forced to come up with new ways to find labor and keep their operations running smoothly, sometimes with novel ideas.
Alex Zhavoronkov, founder and chairman of Insilico Medicine, poses at his research facility in Suzhou, China, on Oct. 31.
WORLD / Science & Health
Nov 14, 2023
Race for first drug discovered by AI nears key milestone
Insilico Medicine's AI-developed drug for idiopathic pulmonary fibrosis is in midstage trials in the U.S. and China.
A Shiseido booth at the third China International Consumer Products Expo, in Haikou, Hainan province, in April
BUSINESS
Nov 10, 2023
Shiseido slashes profit forecast on Fukushima water release
Cosmetic products were at the center of a viral campaign that spread unproven safety allegations on Chinese social media platforms.
BUSINESS / Companies
Oct 6, 2023
Uniqlo owner scouts for more Indian partners after 60% sales jump
The Japanese apparel giant is currently working with over 20 sewing factories and mills in India.
Shiseido products on display at a Nykaa Luxe store in Mumbai, India, in November
BUSINESS / Companies
Sep 15, 2023
Shiseido bets on India growth with first launch in a decade
Japan’s largest cosmetic firm has partnered with Indian retailer Shoppers Stop’s Global SS Beauty Brands and will open 14 stores in New Delhi and Mumbai.
Welcia Holdings, Japan’s largest drugstore chain, is one of the first Japanese companies to respond to China easing its ban on group tours to a raft of countries last week.
BUSINESS
Aug 18, 2023
Japan drugstore chain boosts duty-free counters on China bets
The company plans to offer duty-free services at 1,000 stores, up from about 260 currently, and it expects tourists to travel beyond Japan’s major cities.
Hiroshi Mikitani, co-chief executive officer of Rakuten Medical, speaks at the American Society of Clinical Oncology's meeting in Yokohama on Thursday.
BUSINESS
Aug 7, 2023
Rakuten’s Mikitani spends a fifth of his time on biotech startup
Rakuten Medical, based in San Diego, employs about 200 people and specializes in a therapy that uses light and immunotherapy drugs to fight cancer.
Japan Times
BUSINESS / Companies
Jul 11, 2023
Eisai appoints CEO’s son to lead global Alzheimer drug program
Eisai's former global Alzheimer drug program officer, who led the push for U.S. approval of breakthrough medicine Leqembi, will retire at the end of the month.
Japan Times
BUSINESS / Companies
Jun 7, 2023
AstraZeneca’s Japan partner to go solo on future cancer drugs
Daiichi Sankyo is expanding its sales and development staff overseas, aiming to boost production capacity so that it can handle its cancer drugs business entirely on its own.
Japan Times
BUSINESS / Companies
Apr 27, 2023
Beer brewer Kirin strikes $1.2 billion deal for Australia’s Blackmores vitamins
Kirin Holdings has agreed to buy Australian vitamin-maker Blackmores for 1.88 billion Australian dollars ($1.24 billion, ¥165.9 billion) in cash, as part of a push by the Japanese brewer into health products to reduce its reliance on beer.
Japan Times
BUSINESS / Companies
Apr 20, 2023
Ajinomoto may build new factory for crucial film used in electronic chips
The company may invest more than its planned ¥25 billion if necessary, and will make a decision on any new factory within a few years, its CEO has said.
Japan Times
BUSINESS
Apr 10, 2023
Japan Inc. sells record short bonds amid BOJ tightening bets
Issuance of yen corporate notes due in five years or less reached an unprecedented ¥7.4 trillion ($56 billion) in the fiscal year that ended March 31.
Japan Times
BUSINESS
Apr 7, 2023
Seven-Eleven’s owner says new committee to review spinoffs and IPOs
The committee of outside board members will recommend changes and execute them, the eight independent directors said in a statement.
Japan Times
BUSINESS / Companies
Mar 13, 2023
Masatoshi Ito, founder of Japanese retailer Ito-Yokado, dies at 98
The company Ito founded was the predecessor to Seven & I Holdings, operator of more than 83,000 7-Elevens dotting the globe, with about a fourth of them in Japan.
Japan Times
BUSINESS
Mar 4, 2023
Japanese pharmaceutical firm Takeda lowers price of dengue shot in Brazil and Indonesia
The cost for Qdenga in Indonesia will be about one-third its European price, far lower than many other innovative vaccines, Takeda CEO Christophe Weber said in an interview.
Residents near Japan sinkhole urged to evacuate
Rescuers on Thursday continue to try and free a truck driver after his vehicle plunged into a sinkhole in Yashio, Saitama Prefecture, earlier in the week.
Crashed U.S. Army Black Hawk unit was responsible for doomsday readiness
A U.S. Coast Guard vessel attempts to retrieve the remains of a U.S. Army Black Hawk helicopter on Friday after it crashed into the Potomac River near Ronald Reagan Washington National Airport earlier in the week.
Job-hopping Japanese workers push salaries higher
Japanese workers are increasingly job-hopping from one full-time position to another.
LDP conservatives frustrated by Ishiba's diplomacy with China
Prime Minister Shigeru Ishiba attends a Lower House plenary session last week.
Japan’s ‘children’s cafeterias’ are booming — but is that a good thing?
Eme-Ima Kitchen is one of over 10,000 kodomo shokudō in Japan. A term first used in 2012 to describe makeshift eateries offering free or cheap meals to disadvantaged kids, it now refers to a diverse range of individuals, groups and organizations working to provide not only food but a sense of belonging to both children and adults.
Job-hopping Japanese workers push salaries higher
Japanese workers are increasingly job-hopping from one full-time position to another.
At the new Ginza Sony Park, listening is an art form
In addition to the commercial benefits from Ginza Sony Park's music-centered exhibition — such as promoting Sony's artists and products — there is a real effort to put music in focus.
Home away from home: My first time at a Tet festival in Japan
Billed as a “cultural bridge that connects Japan and Vietnam,” Tet Viet Saitama drew tens of thousands of attendees from across the Kanto region.
First official survey set to change backcountry Hokkaido skiing
The first official government survey of Hokkaido backcountry skiing could spell changes for trails in the northern prefecture.
Fuji TV’s go-big PR strategy wins grudging praise globally
Fuji TV executives take questions during a news conference on Monday in Tokyo in which some participants became unruly.

Podcast

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

Longform

Eme-Ima Kitchen is one of over 10,000 kodomo shokudō in Japan. A term first used in 2012 to describe makeshift eateries offering free or cheap meals to disadvantaged kids, it now refers to a diverse range of individuals, groups and organizations working to provide not only food but a sense of belonging to both children and adults.
Japan’s ‘children’s cafeterias’ are booming — but is that a good thing?
By Alex K.T. Martin

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