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November 23, 2024
 

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Natsuko Katsuki
Hiroyuki Okuzawa, chief operating officer of Daiichi Sankyo, during an interview in Tokyo on Friday
BUSINESS / Companies
Oct 11, 2024
Daiichi Sankyo eyes newer cancer drugs to stave off rivals
The Japanese drugmaker has emerged as a leader in ADC, a type of cancer therapy that targets cancerous cells while sparing the healthy ones.
The government made it mandatory for companies to disclose their gender pay gap in 2022, but disclosure alone isn’t enough to improve the situation, data suggests.
BUSINESS / Companies
Aug 29, 2024
Disclosure rules fail to narrow Japan’s yawning gender pay gap
There has been little progress toward equality, with the highest-paying firms showing some of the biggest disparities.
An employee pulls a trolley containing boxes of LD Ultra-Slim cigarettes ready for shipping at the Japan Tobacco cigarette plant in the town of Senta in Serbia. JT Group is buying U.S. discount cigarette-maker Vector Group.
BUSINESS / Companies
Aug 22, 2024
JT Group plans to buy U.S. cigarette-maker Vector for ¥348.6 billion
The move will address a loss of anticipated growth due to Russia's war in Ukraine, and will boost Japan Tobacco's U.S. market share from 2.3% to about 8%.
Even small and indirect sums from the Government Pension Investment Fund would help startups to get their businesses going.
BUSINESS / Companies
Jul 29, 2024
Japanese pension funds tiptoe into moonshot tech investments
More sources of funding would help the country’s on-again-off-again quest to monetize pioneering research.
Toyota's plan to buy back shares from major banks and insurers is part of a broader push to unwind strategic shareholdings with financial partners.
BUSINESS / Companies
Jul 23, 2024
Toyota to buy back stock worth $5.2 billion from banks and insurers
Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Tokio Marine Holdings and MS&AD Insurance Group Holdings are tendering shares at an 11% discount.
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.
Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group will sell their Toyota shareholdings over an extended period of time lasting a few years, sources said.
BUSINESS / Companies
Jun 7, 2024
Two of Japan's top banks to divest ¥1.3 trillion in Toyota shareholdings
Mitsubishi UFJ and Sumitomo Mitsui will sell in stages and take advantage of Toyota’s plan to buy back its own shares.
Tourists and locals stroll along Tokyo's Ginza shopping district where some roads are closed off for pedestrians due to the national holiday on April 29.
BUSINESS / Companies
May 15, 2024
Fortress’s Japan hotel unit doubles pay to fight labor shortage
MyStays Hotel Management is offering monthly salaries of ¥500,000 ($3,210) for new hires into its fast-track program.
Prime Minister Fumio Kishida addresses a meeting on AI strategy held at the Prime Minister's Office in December. Japan is beginning to draw global attention for its potential as an AI market.
BUSINESS / Companies
Apr 12, 2024
Google alums go big in Japan with months-old startup Sakana AI
Sakana is setting out to train low-cost generative AI models using small datasets, unveiling three AI models for Japanese speakers last month.
Shiseido is aiming to cut about 1,500 jobs in Japan through early retirement program.
BUSINESS / Companies
Mar 4, 2024
Outliers in Japanese stocks’ bull run under pressure to downsize
A rising number of blue-chip Japanese companies are cutting staff — a move that used to be seen as a last resort.
Keisuke Honda is joining an inflow of investment in Japan’s long-neglected startup scene.
BUSINESS
Jan 20, 2024
Retired soccer star Honda sets up $100 million Japan startup fund
In a country where celebrities shy away from speaking about their money or investments, the former AC Milan midfielder faces little competition from other sports stars.
Foreign tourists take pictures in Tokyo's Asakusa district in November.
BUSINESS
Dec 20, 2023
Japan’s post-pandemic tourists shift spending to crafts and jewelry
Average spending on traditional handicrafts per visitor was ¥13,338 ($92) in the July-September quarter, up 80% from the same period in 2019.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
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.

Podcast

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

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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