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Yuki Furukawa
Sony trimmed its revenue forecast after sales of its flagship PlayStation 5 in the December quarter came in roughly a million units lower than analysts’ estimates.
BUSINESS / Companies
Feb 15, 2024
Sony dives most in two years after cutting PS5 sales outlook
Shares fell as much as 8.4% in early Tokyo trading, the biggest intraday fall since February 2022.
Tetsuro Higashi, the chairman of Rapidus, speaks during an interview in Tokyo in February last year.
BUSINESS / Tech
Feb 10, 2024
Japan earmarks ¥45 billion to fire up chip research at home
The funds are part of a major national push to catch up in semiconductor manufacturing.
Nintendo has raised its forecast for Switch console sales and its overall operating profit for the year ending in March.
BUSINESS / Companies
Feb 6, 2024
Nintendo raises sales and profit forecasts after strong holiday earnings
The Kyoto-based firm's shares are at an all-time high this year, with expectations for a next-generation Switch also playing into the lofty valuation.
Fujitsu apologized for its role in the wrongful conviction of more than 900 subpostmasters in the U.K. who used its accounting software.
BUSINESS / Companies
Feb 1, 2024
Fujitsu promises better quality control after U.K. scandal
The Tokyo-based technology company is the subject of an inquiry into a glitch in its Horizon accounting software used by the U.K. Post Office.
Resonac CEO Hidehito Takahashi says the company may buy a stake in chip materials maker JSR.
BUSINESS / Companies
Jan 15, 2024
CEO who drove $7 billion deal is eyeing Japan chip linchpin JSR
Resonac's Hidehito Takahashi believes Japan's chip materials sector needs to consolidate to stay competitive against overseas rivals.
Soichiro Watanabe, Panasonic's chief technology officer for EV batteries, says production of a revamped version of the firm's 2170 cells will begin at its manufacturing plant in Nevada as early as this year.
BUSINESS / Companies
Jan 15, 2024
Panasonic to make upgraded electric car battery as early as 2024
Production of a revamped version of the company's 2170 cells will begin at its manufacturing plant in Nevada sometime during 2024 or 2025.
Takahito Tokita, chief executive officer at Fujitsu, speaks during an interview at the company's headquarters in Tokyo on Wednesday.
BUSINESS / Companies
Dec 22, 2023
Fujitsu speeds aircon deal as it aims for ¥700 billion boost from AI
The urgency to close the deal rises amid growing geopolitical and economic uncertainty.
Kokusai Electric CEO Fumiyuki Kanai foresees sustained investment in China and plans to increase staff there.
BUSINESS / Companies
Dec 18, 2023
Japan’s Kokusai aims to build on 66% rally as China demand booms
The producer of chip fabrication equipment will enlarge its Chinese footprint to tap the growing market, according to CEO Fumiyuki Kanai.
Mena Kato, Microsoft's new director of Japan partnerships for Xbox, during an interview in Tokyo on Nov. 29
BUSINESS / Companies
Dec 13, 2023
Microsoft taps PlayStation veteran to champion Xbox in Japan
Mena Kato is counting on her dealmaking skills, Microsoft’s global reach and local connections to make the Xbox a relevant player.
A Taiwan Semiconductor Manufacturing Co. semiconductor wafer. Osaka-based Fuso Chemical, which has gone into debt rather than raise prices, counts TSMC as one of its clients.
BUSINESS / Tech
Dec 4, 2023
Key maker of chip materials goes into debt rather than raise prices
Osaka-based Fuso Chemical is bearing the cost to help churn out bigger volumes of sophisticated chips without asking customers for more.
An Omron X-ray scanner VT-X750 at the company’s Ayabe Factory in Kyoto
BUSINESS / Companies
Nov 21, 2023
X-rays are becoming an essential health check-up in chipmaking
Omron, a Japanese provider of health care equipment and factory automation, is setting its sights on the lucrative chipmaking gear market to fuel future growth.
Nintendo reported operating profit of ¥94.5 billion and revenue of ¥334.9 billion in the September quarter, both beating analyst expectations.
BUSINESS / Companies
Nov 8, 2023
Nintendo lifts annual profit forecasts
The Kyoto-based entertainment company said it now expects operating income of ¥500 billion ($3.3 billion), up from ¥450 billion previously.
Fujio Mitarai, chief executive officer of Canon, during an interview in Tokyo on Oct. 30
BUSINESS / Companies
Nov 6, 2023
Canon’s chipmaking technology promises advanced chips for less
The Tokyo-based firm’s new nano-imprint technology could open doors for smaller semiconductor manufacturers.
An electronic stock board in Tokyo. Kokusai Electric is set to go public on the Tokyo Stock Exchange on Wednesday.
BUSINESS / Markets
Oct 24, 2023
KKR poised for Kokusai payoff with largest Japan IPO since 2018
The American private equity firm acquired the business from Hitachi Kokusai Electric through a tender offer in 2018.
The PayPay app now seeks to keep its pace of double-digit growth with help from other SoftBank portfolio companies.
BUSINESS / Tech
Oct 5, 2023
SoftBank’s PayPay app showcases Masayoshi Son’s clout in Japan
Seen to be next in SoftBank’s initial public offering pipeline, the startup now holds two-thirds’ share in QR-code payments in Japan.
Rapidus CEO Atsuyoshi Koike says his ambition is to realize a "Hokkaido Valley" that can compete against Silicon Valley in size.
BUSINESS / Companies
Sep 12, 2023
Japan's Rapidus aims to create a chipmaking 'Hokkaido Valley'
The startup, backed with billions of dollars in taxpayer funds, is plotting a course to mass-produce 2-nanometer logic chips by 2027.
Eiko Higuchi at her microphone production station at Sony Taiyo
BUSINESS / Companies
Aug 25, 2023
A tiny factory is handcrafting mics for Justin Bieber and Dr. Dre
Sony Taiyo, a Sony Group subsidiary, is designed to give people with disabilities a fair chance in the workplace.
Akira Amari, Japan's chip czar, has said that funding around one-third of the cost of a chip plant is the norm, and the 50% funding for Japan's first TSMC chip plant was unusually high.
BUSINESS
Aug 3, 2023
Chip minister hints Japan to fund one-third of second TSMC plant
The subsidies will be part of Japan’s efforts to revive its domestic chipmaking industry, a sector viewed as crucial for growth and economic security.
Attendees gather in front of a stage at the Capcom booth during the Tokyo Game Show in Chiba in 2018.
BUSINESS / Companies
Jul 26, 2023
Game publisher Capcom sees 1,200% gain over decade
The company’s shares are up by a third this year, outpacing the broader Tokyo market and capping off a remarkable 1,200% surge over the past decade.
Japan Times
BUSINESS
Jul 5, 2023
Taiwan’s PSMC to team up with SBI to build foundry in Japan
SBI will help raise funds for the venture, which plans to begin with 40-nanometer and 55nm automotive and industrial chips and produce more advanced 28nm chips in the medium to long term.

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