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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.
Executives were scrambling for seats for dinner with Xi or to be put on a waiting list, according to people familiar with the situation.
BUSINESS / Companies
Nov 15, 2023

Elon Musk among cadre of CEOs hoping to woo China’s Xi

CEO summit on the sidelines of APEC will coincide with the most challenging trade climate in a generation.
Warren Buffett’s Berkshire Hathaway sold yen bonds at lower costs in its second Japan deal of the year as speculation mounts that the billionaire investor may put more money into the nation’s share market.
BUSINESS / Markets
Nov 17, 2023

Berkshire sells yen debt amid talk it’s eyeing more Japan stocks

Berkshire is one of the largest overseas issuers of yen debt, and 32 out of its past 40 bond deals have been in the Japanese currency.
Eom Dong-hwan, South Korea's minister for its defense acquisition program and administration, speaks at a ceremony marking Poland's receiving of its first delivery of South Korean K2 Black Panther tanks and K9 self-propelled howitzers in Gdynia, Poland, in December 2022.
COMMENTARY / World
Nov 19, 2023

South Korea’s defense ambitions can be met by tech

Decades of facing down North Korea has forced Seoul to slowly build its own arms-producing capabilities instead of relying heavily on the U.S.
An official shot for this year’s lineup for NHK’s annual “Kohaku Uta Gassen.”
PODCAST / deep dive
Nov 22, 2023

Things get warmer with Xi; Johnny’s get the cold shoulder

While Japan and China look to ease tensions, NHK makes things tense with a Johnny’s-less “Kohaku” announcement.
Billionaire Elon Musk, owner of the X social media platform, pauses during an event with British Prime Minister Rishi Sunak in London on Nov. 2.
BUSINESS / Tech
Nov 25, 2023

X may lose up to $75 million in revenue as advertisers pull out

Scores of brands have pulled their ads after owner Elon Musk’s endorsement of an antisemitic conspiracy theory.
A view inside of Sai Life Sciences' manufacturing facility in Bindar, Karnataka, India, in September.
BUSINESS / Companies
Nov 27, 2023

Indian drugmakers benefit from Big Pharma interest beyond China

Rising tensions with China have prompted more Western governments to recommend that firms "de-risk" supply chains from exposure to the Asian superpower.
Honda will invest ¥500 billion in its electric motorcycle business by 2030.
BUSINESS / Companies
Nov 30, 2023

Honda to invest $3.4 billion in electric motorcycles by 2030

The company plans to introduce 30 new electric motorcycle models worldwide by the same year.
Buyouts by management and controlling parties have surged this year in Japan, with the total value now set to pass ¥1 trillion.
COMMENTARY / Japan
Dec 3, 2023

Being a listed company in Japan is losing its luster

Japan's corporate landscape is shifting as companies opt for management buyouts.
Big Japanese banks are now training a generation of professional front-line staff who have little experience with rising interest rates.
BUSINESS
Dec 5, 2023

Staff at Japan's banks scramble to adjust to rising interest rates

Many younger employees have no expertise in dealing with the vagaries of a traditional inflationary environment.
Sogo & Seibu labor union members strike in front of the flagship Seibu Ikebukuro store in Tokyo's Toshima Ward on Aug. 31.
BUSINESS / Companies
Dec 6, 2023

After troubled sale, prospects for Sogo & Seibu uncertain

Department store operator must develop a new template for survival under the management of an investment fund.
A field study by elementary school students takes place in the Izawa River basin in Shiso, Hyogo Prefecture.
LIFE / Travel
Dec 24, 2023

Unveiling Shiso, a hidden gem of nature and coexistence

With 90% of its area covered by forest, the Hyogo city boasts picturesque streams and a bounty of access points to refreshing natural spring water.
An Israeli Merkava tank on Thursday
WORLD / Politics
Dec 9, 2023

White House presses Congress to OK tank shells for Israel

The request is being made even as concerns grow about the use of U.S. weapons in a war that has killed thousands of civilians.
A wheat farm outside Scott City, Kansas
BUSINESS
Dec 10, 2023

U.S. raises wheat-export forecast with China buying most in decade

American shipments of the soft red winter wheat variety will rise to the biggest in a decade, reflecting "several large recent export sales” to China.
FACTEV shows that a Nissan Leaf electric car driven in Hokkaido will get between 106 kilometers and 212 kilometers per charge in its first year.
BUSINESS / Companies
Dec 12, 2023

Using big data to speed up Japan’s slow electric car transition

Gaming company DeNA has developed an EV simulation tool that can assess the lifespan and cruising range per charge of battery cars over time.
Incoming Chief Cabinet Secretary Yoshimasa Hayashi arrives at the Prime Minister's Office in Tokyo on Thursday.
JAPAN / Politics
Dec 14, 2023

Kishida axes Abe faction members from government over funds scandal

In replacing nearly a dozen ministers and officials, the prime minister is attempting to contain the worst crisis of his administration so far.
Fujifilm has added the Instax Pal, a new palm-sized model, to its Instax instant camera lineup known as Cheki in Japan.
BUSINESS / Companies
Dec 15, 2023

Japanese camera-makers focusing on Gen-Z

Offerings tout unique features to appeal to those wanting something beyond smartphone photography.
Toyota dealer Hiroshima Toyopet has installed air conditioners at all 30 of its maintenance facilities in Hiroshima Prefecture to ensure mechanics can work comfortably during the summer.
BUSINESS / Companies / Regional Voices: Hiroshima
Dec 25, 2023

Hiroshima car dealers seek ways to attract mechanics

Since many people use their cars as a daily means of transportation, it is essential to secure a stable pool of mechanics.
Prime Minister Fumio Kishida during a news conference at the Prime Minister's Office in Tokyo on Wednesday
JAPAN / Politics
Dec 15, 2023

Kishida's approval rate falls into dangerous territory amid scandal

The rate is the worst figure for a prime minister from the Liberal Democratic Party in more than a decade.
From left: Masashi Matsuyama, vice president of Nissan and president of Nissan (China) Investment, Takao Asami, senior vice president of Nissan, and Rika Kiritake, vice president of Nissan, hold a news conference at Tsinghua University in Beijing on Sunday.
BUSINESS / Companies
Dec 17, 2023

Nissan to export China-developed EVs to global markets

The firm is considering exporting internal combustion engine vehicles and upcoming electric cars manufactured and developed in China to overseas markets
Apple Watch Ultra 2 devices displayed in Los Angeles. Apple said on Dec. 18 it will stop selling some of its smartwatch models in the United States while it fights a patent battle over technology for detecting blood oxygen levels.
BUSINESS / Companies
Dec 19, 2023

Apple plans rescue for $17 billion watch biz in face of U.S. ban

If the ban holds, Apple is working on a range of legal and technical options.
A pint is poured inside the Grapes public house in Limehouse, south London, on Dec. 14. Pubs have served Roman soldiers, knights and poets, and have been a gathering place for communities to enjoy a brew beside a crackling fire for centuries.
BUSINESS / Economy
Dec 20, 2023

Last orders? British pubs hit by rising costs and changing tastes

High inflation, energy bills and business rates are cutting into increasingly stretched earnings, as many find other ways to spend time and money.
The Chinese national emblem and flags at the Great Hall of the People in Beijing on Oct. 18.
ASIA PACIFIC / Politics
Dec 21, 2023

China’s move to clip local borrowing puts growth engine at risk

A revamp of the intergovernment debt structure could diminish the fiscal discretion of local leaders and weaken their drive to enact new policies.
Police officers stand guard outside the Liberal Democratic Party headquarters in Tokyo on Dec. 14. The ruling party is currently trying to contain a funding scandal that threatens the future of the Kishida administration. 
COMMENTARY / Japan
Dec 20, 2023

'Strategic Communication' is a missing link in Japan's crisis management

From gaffes to governance, lessons in "strategic communications" for Japanese politicians.
Shoppers at a market in Kyiv on Tuesday
WORLD / Politics
Dec 21, 2023

With Ukraine’s aid in doubt, companies say they’re the Plan B

Ukrainian companies making products are ensuring their survival while contributing to the war effort.
Inspectors analyze saliva collected with test kits at SalivaTech.
JAPAN / Science & Health / Regional Voices: Tohoku
Jan 8, 2024

Tohoku startup offers way to detect cancer early using saliva

SalivaTech's SalivaChecker is a test kit that provides high-precision analysis of around 10 types of salivary metabolites.
A meeting is held at the Liberal Democratic Party's headquarters in Tokyo on Friday to officially replace two of the party's executives.
JAPAN / Politics
Dec 22, 2023

In search for top officials, Kishida constrained by funds scandal

The limited number of viable candidates not suspected of misconduct means new appointees look more likely to be stopgap replacements.
Prime Minister Fumio Kishida speaks during a policy meeting on Friday.
JAPAN
Dec 22, 2023

Japan cuts spending for first time in 12 years in fiscal 2024 budget

The budget for the coming fiscal year that starts in April is estimated at ¥112.07 trillion, down 2% from the current year's initial amount.
A drugstore in Tokyo in October
BUSINESS
Dec 23, 2023

Fund that got in before Buffett now likes Japan drugstores

A top fund manager says there’s opportunity to profit from consolidation in the sector.
The U.S. head office of TikTok in Culver City, California
COMMENTARY / World
Dec 24, 2023

Whoever designed TikTok Shop should get coal for Christmas

With TikTok Shop's debut holiday season, is sees a mixed bag of success and struggles.

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat