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Takeshi Kimura, special adviser to the board for Nippon Life Insurance Co.
ESG CONSORTIUM
Aug 28, 2023

PRI’s global ESG investing talks in Tokyo to tackle ‘sense of crisis’

The leading global conference on responsible investment will be held in Tokyo for the first time this fall, focusing on what investors can do to make society sustainable at a time when many industries are struggling to meet their targets for combating climate change.
A concept model of the Global Combat Air Programme's fighter jet is displayed at the DSEI Japan defense show at Makuhari Messe in Chiba in March.
COMMENTARY / Japan / Geoeconomic Briefing
Aug 31, 2023

What the trilateral fighter jet program means for Japan

The program, also involving the U.K. and Italy, is the first such project with countries other than the U.S.
A growing array of media companies say they are blocking OpenAI's webpage-scanning tool.
BUSINESS / Tech
Aug 31, 2023

Fearing digital 'pillaging,' news outlets block OpenAI web bot

The New York Times, CNN, Australian broadcaster ABC and news agencies Reuters and Bloomberg have taken steps to thwart the GPTBot web crawler.
Manchester City's Erling Haaland (right) scored three goals during his team's over Fulham in Manchester, England, on Saturday.
SOCCER
Sep 3, 2023

Erling Haaland scores hat trick to power Manchester City

Manchester City's Erling Haaland has scored six goals in five games to start the Premier League season.
Panelists led by Kenya's President William Ruto (center) conduct a session during the Africa Climate Summit 2023 in Nairobi on Tuesday.
WORLD / Politics
Sep 6, 2023

'Unfair' global finance system in focus at Africa climate talks

The Nairobi summit hopes to boost investment in renewables, with the UAE pledging $4.5 billion to accelerate Africa's clean energy transition.
"Football Leaks" whistleblower Rui Pinto had been extradited to Portugal following his January 2019 arrest by Hungarian police in Budapest.
SOCCER
Sep 12, 2023

Portuguese court convicts 'Football Leaks' hacker

The biggest information leak in sports history sparked criminal investigations in Belgium, Britain, France, Spain and Switzerland.
Kioxia's Kitakami plant in Kitakami, Iwate Prefecture. Western Digital and Kioxia initially aimed to reach a decision on a merger in August, but discussions have dragged on as the companies tried to iron out details.
BUSINESS / Companies
Sep 20, 2023

Banks prepare ¥2 trillion funds for Kioxia-Western Digital merger

The moves towards a refinancing commitment would mark a step forward in the merger, which has faced months of delays.
Toshiba said the Japan Industrial Partners-led consortium had gained 78.65% of Toshiba’s outstanding shares through the bid, which began Aug. 8, paying ¥4,620 per share.
BUSINESS / Companies
Sep 21, 2023

Toshiba to go private after success of ¥2 trillion takeover bid

The Japan Industrial Partners-led consortium has gained 78.65% of outstanding shares, paying ¥4,620 per share.
British consumers have seen the price of a classic English breakfast — with ingredients like bacon, sausages, orange juice, baked beans and mushrooms — increase by almost 12%.
BUSINESS / Economy
Sep 21, 2023

Brits see cost of English breakfast soar amid food inflation

The total cost of a basket of goods needed to make the fry-up rose by 57 pence, almost 12%, to £36.15 in August.
Azerbaijan President Ilham Aliyev prior to a meeting in Brussels on May 14
WORLD / Politics
Oct 1, 2023

In taking Karabakh, Azerbaijan's president avenged his father

A confluence of factors had convinced Ilham Aliyev, 61, that the time was right to do something his father couldn't.
Kioxia Holdings has approached Japan Investment Corp. about making a capital infusion to support its merger with Western Digital and strengthen the combined company’s financial base, according to people familiar with the matter.
BUSINESS
Oct 20, 2023

Kioxia has approached JIC to back Western Digital deal: sources

Kioxia’s lenders are working toward submitting a commitment letter as soon as possible to help facilitate the agreement.
Kioxia and Western Digital have held merger talks since 2021 but the negotiations have often stalled over a series of issues.
BUSINESS / Companies
Oct 27, 2023

Western Digital and Kioxia call off merger talks, source says

South Korea's SK Hynix — a major Kioxia investor — has said it does not back the deal due to its impact on its investment asset value.
An assembly engineer works on a lithography system at chipmaker ASML in Veldhoven, Netherlands, on June 16.
COMMENTARY / Japan / Geoeconomic Briefing
Nov 2, 2023

How can the EU strengthen its strategic autonomy regarding chips?

The bloc has felt a sense of crisis over the fact that its growth strategy has been largely dependent on third countries.
Smoke rises from destroyed buildings in the Gaza Strip following Israeli airstrikes on Monday.
WORLD / Politics
Nov 2, 2023

U.S. and Israel weigh peacekeepers for Gaza after Hamas

The conversations have been impelled by a sense of urgency to come up with a plan for the future of Gaza now that a ground invasion has begun.
Motosaburo Saito at the headquarters of Oji Holdings, a building that won the Wood Design Award
ESG CONSORTIUM
Nov 6, 2023

Old-growth paper company Oji renews forests, products, vision

Oji Holdings, Japan’s leading paper manufacturer, is also its largest corporate forest owner. It studies and develops paper products and related materials and is committed to the maintenance of healthy forests. In a recent interview with The Japan Times, the general manager of Oji’s department on...
Group photo after an NTT smart city was certified Level 4
ESG CONSORTIUM
Nov 6, 2023

NTT sustainable smart city effort is developing tools for well-being

As envisioned in its new fundamental principle, “Innovating a sustainable future for people and planet,” the NTT group has been contributing its strength as Japan’s leading telecommunications company to the realization of new values and a sustainable society using the power of data and technology....
At KIPI, a 1.06 gigawatt coal-fired plant will power the $2 billion Adaro Minerals Indonesia aluminum smelter due to begin operating in 2025.
ENVIRONMENT / Climate change
Nov 24, 2023

A coal-powered industrial boom is testing Indonesia’s green goals

The reality to support a low-emission ambition lies years in the future
Yoshiaki Saito
ESG CONSORTIUM
Dec 4, 2023

How Nomura Research Institute cultivates local entrepreneurship

Creating a startup ecosystem is easier said than done, especially in rural areas.
JAPAN / Politics / ANALYSIS
Dec 14, 2023

Japan’s next-gen fighter project with U.K. and Italy hits milestone

The three countries agreed to establish an intergovernmental organization, divide up work share and set out the roles of each partner.
From left: Naho Sato, President Masamichi Idemitsu and Naoki Tajima
ESG CONSORTIUM
Dec 18, 2023

Mita Kosan develops real estate, community in central Tokyo area

Mita Kosan Co. Ltd., a real estate developer and leasing company, is housed in an office building right across the road from Keio University’s East Gate in the Mita district of Tokyo’s Minato Ward. The area has a uniquely mixed atmosphere: premium and academic, yet homey with a lot of small local...
In Toshiba, JIP takes on a sprawling company far bigger and more complex than any it acquired before.
BUSINESS / Companies / FOCUS
Dec 19, 2023

In buying Toshiba, JIP takes on corporate Japan's toughest job

While the fund has quietly built up a track record by carving out businesses from big manufacturers, Toshiba is more complex than any it acquired before.
Police officers examine a scene where South Korean actor Lee Sun-kyun was found dead at a park in Seoul on Wednesday.
ASIA PACIFIC / Society
Dec 29, 2023

In South Korea, an unrelenting stance on drugs batters suspected users

Treatment experts say that authorities focus too much on punishment rather than rehabilitation.
Yasuhiko Ushikubo
ESG CONSORTIUM
Jan 8, 2024

Mizuho aims to hasten renewable energy technology

With global attention being paid to increasing renewable energy to mitigate global warming, Japan should put its technological advancements in offshore wind farms, hydrogen power and carbon recycling to best use to enhance its global competitiveness, Mizuho Financial Group Inc. said in a recent report....
Makoto Miyauchi, CEO of B-Lot
ESG CONSORTIUM
Jan 8, 2024

Young B-Lot is on the realty A list for renovations plus innovations

It has been 15 years since the founding of B-Lot Co., a real estate investment, consulting and management company, and nine years since it was publicly listed. It is still a relative youngster in the industry, which is also polarized between giant players serving large enterprises and small ones targeting...
Wind turbines at an RWE wind farm off the coast of Great Yarmouth, England. RWE operates 3.3 gigawatts of offshore wind power in Europe.
BUSINESS / Companies
Jan 19, 2024

RWE plans further Japan offshore wind push after Niigata win

The German renewable energy company believes floating offshore projects will be the key to achieving the nation's goal of generating 45 GW of wind power by 2040.
The Tsukuba Geo Museum is a hands-on exhibition facility.
ESG CONSORTIUM
Jan 22, 2024

New geopark museum, cycle park showcase Tsukuba’s attractions

The Ibaraki city of Tsukuba in November launched a new facility, Mt. Tsukuba Gate Park, that focuses on promoting the charms of the Mt. Tsukuba Area Geopark and supporting Japan’s cycling culture. City officials stationed there explained what the facility offers and how they aim to nurture the civic...
Toshiba went private through a takeover bid after a series of battles with activist shareholders.
BUSINESS / Companies
Jan 21, 2024

Management buyouts by big companies on rise in Japan

The total value of management buyout deals exceeded ¥1.4 trillion in Japan in 2023 to hit a record high.
Nippon Steel's plant in Kamisu, Ibaraki Prefecture. The firm submitted a cash offer to acquire U.S. Steel for $55 a share on Dec. 16.
BUSINESS / Companies
Jan 25, 2024

Sweetened offer in final hours clinched U.S. steel deal for Nippon

Nippon Steel executives submitted a sweetened cash offer to acquire the Pittsburgh-based company for $55 (¥8,120) a share on Dec. 16.
A man is inoculated with a COVID-19 vaccine in New Hyde Park, New York, in September 2023.
WORLD / Science & Health
Jan 26, 2024

COVID and beyond: Labs unite to boost genomic surveillance globally

Teams at two facilities said they were worried governments and funders may pull back from such surveillance.
Double articulated track
ESG CONSORTIUM
Jan 29, 2024

Seino delivers greener logistics through open public collaboration

Seino Holdings Co. Ltd. has been in the logistics business for more than 90 years. Last June, the Gifu-based company expanded its continuing efforts to be environmentally friendly when it announced a long-term vision of “Team Green Logistics” based on a concept of an open public platform.

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan