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November 22, 2024
 

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Shoko Oda
Tokyo Gas’ LNG terminal in Sodegaura, Chiba Prefecture
BUSINESS / Companies
Nov 20, 2024
Tokyo Gas shares jump most since 1987 after activist fund discloses major stake
Elliott Investment Management said it now owns more than 5% of Tokyo Gas and may make "important proposals” to the utility provider.
Hokkaido Electric Power's Tomari nuclear plant. The company says it will be able to meet a boom in consumption from planned data centers and a chipmaking plant provided it is allowed to restart its nuclear reactor.
JAPAN
Nov 18, 2024
Hokkaido Electric sees power demand surge with data center boom
Hokkaido boasts a cold climate, which reduces cooling costs, and potential for renewable energy, particularly offshore wind.
The Unit 2 reactor at Fukushima No.1 nuclear power plant in Fukushima Prefecture
JAPAN
Nov 7, 2024
Tepco removes nuclear fuel debris from Fukushima disaster site
Radioactive debris was removed from the Unit 2 reactor at the plant and was placed inside a sealed container for transportation.
Tohoku Electric Power workers restart the Unit 2 reactor of the Onagawa Nuclear Power Plant in Onagawa, Miyagi Prefecture, on Tuesday.
JAPAN
Oct 30, 2024
A lack of workers threatens Japan's nuclear power revival
The slow revival of nuclear power has dramatically worsened a skills crunch visible across the nation’s nuclear industry.
The Onagawa Nuclear Power Plant's No. 2 reactor was set to restart Tuesday after more than 13 years of suspension.
JAPAN
Oct 29, 2024
Japan restarts nuclear power plant closest to 2011 earthquake
Nuclear power used to account for around a quarter of Japan’s electricity mix prior to the disaster, but it was at just 6% as of March 2023.
Ubitus, which received funding from Nvidia earlier this year, joins a growing list of tech companies at the forefront of a global revival in nuclear power.
BUSINESS / Companies
Oct 18, 2024
Nvidia-backed firm eyes a data center near nuclear power in Japan
The Nvidia-backed company Ubitus joins a growing list of tech companies at the forefront of a global revival in nuclear power.
The Shimane nuclear power plant's No. 2 reactor is set to restart in early December.
JAPAN
Oct 15, 2024
Japanese utility to restart Shimane nuclear reactor in December
Shimane No. 2 was set to resume in August, but its operator pushed back the restart due to required safety upgrade work.
Jera's liquefied natural gas fired power plant inside the company's Anegasaki Thurmal Power Station in Ichihara, Japan.
BUSINESS / Companies
Oct 5, 2024
Japan firms unite to cut methane emissions from LNG supply
Twenty-two firms are joining an initiative that aims to leverage their buying power to curb methane emissions from liquefied natural gas supply chains.
It is estimated that the cleanup at the Fukushima No. 1 nuclear power plant will cost around ¥23 trillion ($157 billion).
JAPAN
Aug 19, 2024
Tepco to demonstrate removal of radioactive debris from Fukushima No. 1
About 880 metric tons of fuel debris remain in the three reactors that suffered a meltdown.
Sumitomo Corp. President Shingo Ueno speaks during an interview at the company's head office in Tokyo on Tuesday.
BUSINESS / Companies
Jul 1, 2024
Sumitomo looks to tap U.S. shale boom despite exiting production
The company will seek to boost sales of pipelines used in U.S. shale fields.
Seiji Izumisawa, president of Mitsubishi Heavy Industries, says the firm is almost finished designing its next-generation nuclear reactor.
BUSINESS / Companies
Jun 24, 2024
Mitsubishi Heavy moving closer to building new reactor in Japan
The firm can start building the facility once a site for it is established and some late-stage tests are completed.
Some overseas airlines scrapped plans to add or increase services to Japanese airports due to the uncertain jet fuel supply, trade minister Ken Saito acknowledged on Tuesday.
BUSINESS / Companies
Jun 11, 2024
Jet fuel crunch sees airlines servicing Japan demand more supply
Eneos Holdings has been fielding calls from carriers and is working with the government to ease the problem, a spokesperson said via phone.
Sumitomo headquarters in Tokyo on Tuesday
BUSINESS
May 2, 2024
Sumitomo to bolster shareholder returns in new midterm plan
Sumitomo will allocate ¥700 billion ($4.5 billion) of returns over the next three years, with a goal of total shareholder return ratio of 40%.
The weak yen impacts the airline industry multiple ways, as it boosts foreign currency revenue from international flights but negatively affects travelers from Japan.
BUSINESS / Companies
May 2, 2024
Japan firms reach pain threshold as yen keeps testing lows against the dollar
The currency's sustained decline makes planning difficult for all firms and can add costs across the whole supply chain.
Yukio Kani, chairman and global CEO of Jera
BUSINESS / Companies
Apr 15, 2024
Japan’s top power producer Jera considers IPO to fund green push
The Tokyo-based company plans to develop 20 gigawatts of renewable generation capacity by fiscal 2035.
Japan will need new nuclear power plants to meet its 2050 net zero goal.
BUSINESS
Apr 9, 2024
Japan needs new nuclear to hit green goals, power sector says
New reactors are needed to help reduce dependence on costly fossil fuel imports and to help boost economic competitiveness.
Mercuria Energy Group is gearing up to engage in physical power trading in Japan.
BUSINESS / Companies
Apr 5, 2024
Mercuria joins trader push into Japan’s spot electricity market
That follows moves by other European energy companies, including BP and Engie, to expand in one of the biggest power-consuming nations.
Japan’s power supply is expected to be sufficient for both the upcoming summer and winter, according to government forecasts.
BUSINESS / Economy
Apr 2, 2024
Japan forecasts sufficient power for upcoming summer and winter
Japan’s grid has proven fragile in the past, which has sometimes forced the government to ask households and businesses to conserve electricity.
U.S. President Joe Biden said Thursday that United States Steel should be domestically owned, coming out against Nippon Steel's plan to acquire the company as support from labor unions is becoming more significant for his re-election bid.
BUSINESS / Companies
Mar 15, 2024
Nippon Steel determined to complete U.S. Steel deal
The firm has promised no layoffs or plant closures until at least September 2026.
Vitol, the world's largest independent oil trader, is considering opening an office in Tokyo to trade electricity, sources said.
BUSINESS / Companies
Feb 16, 2024
Vitol considers entering Japan power market with Tokyo office
Japan's power market is attracting more overseas firms due to increased volatility amid shifts away from fossil fuels
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

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

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
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