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December 04, 2024
 

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Yoojung Lee
South Korean officials count ballots following a parliamentary election on April 10. President Yoon Suk-yeol’s conservative bloc is set for a major setback in a vote for a new parliament, exit polls showed, likely meaning he will be in a weak position for the remaining three years of his term and face political gridlock.
ASIA PACIFIC / Politics
Apr 18, 2024
Billionaire families lose hope for tax cut after Korean vote
South Korea’s regular maximum inheritance levy of as much as 50% is the second-highest among members of the OECD, after 55% in Japan.
Yasuhide Uno, Usen-Next Holdings CEO, has transformed his father’s company into Netflix’s biggest competitor in Japan.
BUSINESS / Companies
Nov 28, 2023
Reluctant CEO becomes billionaire at Netflix rival in Japan
Initially wanting nothing to do with his father's cable music company, Yasuhide Uno's faith in video streaming helped him rebuild it for a new era.
Japan Times
ASIA PACIFIC
Jul 6, 2023
International school worth close to $1 billion turns CEO into multimillionaire
Demand from Chinese students to attend SISB has soared, with the number enrolled more than doubling in March compared with a year earlier.
Japan Times
BUSINESS / Companies
Mar 16, 2022
SoftBank founder Masayoshi Son loses $25 billion in tech’s brutal winter
From China's tech crackdown to Russia's invasion of Ukraine, a litany of troubles has beset Son and his conglomerate.
Japan Times
BUSINESS / Tech
Oct 31, 2021
A $2 billion Japanese startup aims to fix polarized news via an algorithm
SmartNews, which uses an algorithm to provide what it says is an unbiased, nonpartisan mix of information, is one of Japan's most valuable startups.
Japan Times
BUSINESS
Aug 23, 2021
He built an $8.9 billion fortune. Then the controversies began.
Bom Kim became the poster child of a new kind of wealth generation in South Korea with Coupang Inc., but the firm is now facing criticism over working conditions.
Japan Times
BUSINESS
May 4, 2021
Samsung windfall gives richest South Korean woman $7 billion fortune
Hong Ra-hee boosted her fortune after receiving billions of dollars in stocks in the much-awaited transfer of her husband's assets.
Japan Times
BUSINESS / Companies
Mar 23, 2021
Japanese billionaire’s drab clothing firm becomes a sportswear sensation
Shares in Yoshio Tsuchiya's Workman Co. have more than quadrupled since the start of 2018.
Japan Times
BUSINESS / Tech
Feb 18, 2021
Automating boring tasks made these Japan startup founders rich
Their firms' shares have all more than doubled in the past year, leading to talk of a burgeoning tech scene that's very different from Silicon Valley.
Japan Times
BUSINESS
Dec 28, 2020
Billionaires of South Korea's beauty industry see fortunes reverse
Changes to women's daily routines amid the pandemic have halted the rising wealth of those who tapped the popularity of South Korean beauty brands in a deal-making frenzy.
Japan Times
CULTURE / Music
Oct 20, 2020
BTS fans have a new way to show their love: buying shares
In the music industry, fans are everything. But when it comes to K-pop, that adage holds more true than ever.
Japan Times
BUSINESS / Tech
Jun 11, 2020
Founder of software company who turned down SoftBank joins ranks of Japan’s billionaires
Masayoshi Son had offered to buy Shunji Sugaya's business idea for $2.8 million.
Japan Times
BUSINESS
Nov 8, 2019
Rich South Koreans seen handing kids millions to shield against estate taxes
Some are barely old enough to walk and talk, much less understand the stock market. But thanks to South Korea's tax laws, a growing number of children as young as 1 are sitting on shareholdings collectively worth millions of dollars.
Japan Times
BUSINESS
Aug 1, 2019
Asian business bloodlines on brink as lack of heirs pushes owners into arms of private equity
After 37 years in business, Shigeru Nagatomi handed over the keys in December last year. Nagatomi Pharmacy Corp., the Kyushu medical supplies shop bearing his family name, had grown to 23 dispensing pharmacies in Oita Prefecture .
Japan Times
BUSINESS
Dec 21, 2018
Asia's megarich took a $137 billion hit in the pocketbook in 2018
The world's fastest growing source of megawealth hit a speed bump this year.
Japan Times
BUSINESS / Companies
May 17, 2018
Bargain-hunting Chinese make Japanese retail king Bic Camera a billionaire
Japanese retail tycoon Ryuji Arai can thank a growing flock of Chinese spenders for his swelling fortune.
Japan’s 2024 buzzword of the year urges a reevaluation of past norms
Sadao Abe, who played the role of a time-traveling Showa Era teacher transported to present day in a popular TV drama, receives the 2024 buzzword of the year award for the word "futehodo," the nickname of the series.
Princess Aiko, only child of emperor, turns 23
Princess Aiko on Nov. 22 ahead of her 23rd birthday on Sunday at the Imperial Palace
Ishiba questioned on political reform, social issues and the economy
Prime Minister Shigeru Ishiba speaks in the Lower House in Tokyo on Monday.
Nearly 90% in Japan and China have negative views of other
Chinese people's sentiment toward Japan is believed to be impacted by their use of social media platforms such as Weibo and Douyin, as well as whether they have visited Japan.
Bear that attacked Akita supermarket employee captured
A brown bear in Hokkaido. In the city of Akita, a bear that attacked a supermarket employee over the weekend was captured in a box trap on Monday morning.
Can Japan's scientific community rebound from a Nobel nosedive?
The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Europe eyes 'boots on the ground' in Ukraine as possible peace deal option
A serviceman with the Ukrainian Army's 24th mechanized brigade fires a machine gun during an exercise, amid Russia's attack on Ukraine, in the country's Donetsk region on Friday.
Seven strangers and an algorithm: Can this new dinner app help you make friends?
Timeleft uses an algorithm to match its users with five or six strangers in an effort to prompt “human connection” over dinner at a restaurant. It determines the attendees with the help of a simple personality quiz available when you sign up for the service. 
Don’t worry, you can still use your Japan health insurance card — for now
A My Number card reader at a pediatric clinic in Tokyo. While the government will stop issuing new health insurance cards on Monday, most people will remain unaffected by the move in the short term as existing health insurance cards can still be used for another year.
The Geisha bean is the leading lady of Tokyo's coffee scene
Discovered in the 1930s, the Geisha coffee plant came to worldwide fame in the early 2000s and now represents some of the best coffee on the planet — Tokyo's top cafes included.

Podcast

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

Longform

The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Can Japan's scientific community rebound from a Nobel nosedive?
By Tomoko Otake

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