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November 23, 2024
 

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Once one of the country’s biggest employers, Toshiba has been trying to cut costs in its sprawling operations and focus on its infrastructure and digital technology operations.
BUSINESS / Companies
Apr 18, 2024

Toshiba considers cutting thousands of jobs in Japan

The electronics and machinery maker plans to focus resources on its infrastructure and digital operations.
The start of the 2023 edition of the Mount Fuji 100
MORE SPORTS
Apr 23, 2024

Iconic Mount Fuji 100 enters new era with World Trail Majors

The race — perhaps now more than ever — is a bucket list event for countless runners around the world.
A vacant lot on the site of the former Tsukiji fish market where a group of companies plans to develop a commercial and residential complex in the coming years
BUSINESS
May 1, 2024

Developer hopes to tap Tsukiji's 'rich history' to create a new Tokyo hot spot

Mitsui Fudosan, tasked with renovating the former site of the famous Tsukiji fish market, hopes to build the vacant lot into a new trendy hub.
Pollen from cedar tree forests in Nagano Prefecture. The government faces an uphill battle in reducing cedar trees amid a labor shortage in the forestry industry.
JAPAN / Science & Health
May 2, 2024

Japan's pollen countermeasures face challenges amid slow cedar logging

A persistent labor shortage and tepid demand for timber stand in the way of the government's aim of reducing the trees responsible for hay fever.
Shinichiro Kashima
ESG CONSORTIUM
May 22, 2024

Nippon Life engages to encourage green transition

Engaging with high-emitting companies to spur transformation of their business rather than divesting from them is becoming increasingly important to combat climate change, said an executive officer of Japan’s biggest insurance company. “Thinking about society as a whole, it is important that we asset...
Takashi Miike (front left) is among the big-name directors slated to work with K2 Pictures, a new film production startup that aims to disrupt the Japanese film industry.
CULTURE / Film / Wide Angle
May 25, 2024

Can K2's goal of creating a better film industry in Japan win over skeptics?

While established auteurs such as Takashi Miike, Miwa Nishikawa and Hirokazu Kore-eda are slated to work with the startup, it still faces an uphill struggle.
Tottori Gov. Shinji Hirai (left) with Shinsuke Nakajima, executive chef at the Hotel New Otani Tokyo
ESG CONSORTIUM
Jun 5, 2024

Tottori wagyu and wine paired at New Otani Tokyo fair

The Tottori Wagyu Fair is taking place at six restaurants in the Hotel New Otani Tokyo until July 15. The event has been hosted by the hotel every year since 2018, and this year is offering a new way of enjoying the premium wagyu together with wine from Tottori Prefecture.
Kali Adem port, north of Jakarta, is flooded due to rising sea levels and land subsidence. Climate change has a dire impact on the lives and livelihoods of coastal communities, therefore exacerbating maritime security challenges.
COMMENTARY / World
Jun 12, 2024

Climate change threatens security in the Indo-Pacific

Leaders need to recognize that climate change is a maritime security challenge due to its impact on coastal regions, which exacerbates old problems and creates new ones.
Toshiba Vice President Koji Ikeya says the company will aim to boost profitability by investing about ¥50 billion in fiscal 2026.
BUSINESS
Jun 13, 2024

Toshiba to double investments in power and defense business

The Japanese electronics and machinery maker will aim to boost profitability by investing about ¥50 billion in fiscal 2026.
Digital crime in Sweden has doubled since 2021 and become a growing risk for the Nordic economy.
BUSINESS / Tech
Jun 22, 2024

Ditching paper money makes Sweden a haven for digital criminals

Digital crime in Sweden has doubled since 2021 and become a growing risk for the Nordic economy.
Canada Day is held on July 1 to mark Canada’s founding in 1867. This year, the country celebrates its 157th anniversary among resounding successes and tough challenges at home and abroad.
COMMENTARY / World
Jul 1, 2024

Canada at 157: Lots to celebrate, but also to rethink

At 157, Canada is stable and prosperous, but cracks are starting to form. Its citizens think politicians are out of touch and the country holds little sway abroad.
Bain Capital partner Masashi Suekane during an interview last month
BUSINESS / Markets
Jul 5, 2024

Bain Capital to invest ¥5 trillion in Japan over five years

Bain Capital plans to increase its workforce in Japan and has established a team to help firms make effective use of their real estate with low profitability.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe hold a joint news conference in Tokyo on Thursday.
BUSINESS / Companies
Aug 1, 2024

Honda and Nissan to tighten ties on software, batteries and EV knowhow

Honda and Nissan sales fell about 40% and 27%, respectively, in June alone in China following the shutdown of some of their local plants.
A nature experience program at the Global Mizuiku Summit in Vietnam.
ESG CONSORTIUM
Aug 12, 2024

Suntory nurtures water, forests and future generations

Just like Suntory Holdings says in its corporate philosophy, “To inspire the brilliance of life, by creating rich experiences for people, in harmony with nature,” the company contributes to the enrichment of people’s lives beyond merely selling food and beverages globally. Although responsive to...
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
JAPAN / Politics
Aug 13, 2024

Economic security is about strengthening and sustaining growth, former minister says

The nascent concept goes beyond more regulations and restrictions, says Japan's first economic security minister, Takayuki Kobayashi.
As if moving isn't stressful enough, Japan requires a host of paperwork to accompany your switch to a new apartment — a process that may get a little simpler in the near future.
LIFE / Lifestyle
Aug 16, 2024

Online banking consortium to slash the busywork of moving in Japan

The free service is expected to launch in February 2025, with even more functions available online by 2026.
Alimentation Couche-Tard’s proposed acquisition of Seven & I Holdings, if successful, would be an extremely rare case of a foreign company's buyout of a major Japanese firm.
BUSINESS / Companies
Aug 20, 2024

Seven & I buyout would be a watershed moment for Japan takeovers

Until now, an attempt to acquire such a well-known Japanese business at such scale would have been dismissed as audacious and unlikely.
British hard rock outfit Bring Me the Horizon delivered a dramatic set that featured a surprise appearance from local metal-meets-idol group Babymetal.
CULTURE / Music
Aug 23, 2024

Summer Sonic: The heat doesn’t matter when the lineup works

Where would you see a bill with Maneskin, Gen Hoshino, Christina Aguilera and Bring Me the Horizon in the prime slots? At a sold-out music festival, that’s where.
NFL Commissioner Roger Goodell at a news conference in January 2020
MORE SPORTS / Football
Aug 28, 2024

NFL allows private equity firms to invest in teams

The owners of the National Football League have decided to allow some private equity firms to buy up to a 10% stake in a team, the NFL said on Tuesday.
Kioxia has scrapped its plan for an initial public offering in October, sources have said.
BUSINESS / Companies
Sep 24, 2024

Chipmaker Kioxia scraps IPO planned for October after market sell-off

Shares in peers Samsung Electronics, SK Hynix and Micron Technology are currently around a third lower than recent highs.
Kioxia Holdings was reportedly planning an initial public offering in October valuing it at $10 billion.
BUSINESS / Companies
Sep 25, 2024

Kioxia reportedly pulls IPO as AI winter looms

The IPO delay comes as the chip business globally faces a number of challenges related to possible overcapacity in some products.
Newly elected Sri Lankan President Anura Kumara Dissanayake addresses the nation in Colombo on Wednesday.
ASIA PACIFIC / Politics
Sep 27, 2024

Sri Lanka’s leftist leader faces tough test to alter IMF deal

The new president took office with a mandate to bring relief to citizens, but the hard part is getting the lenders to play along.
DAZN, the sports-streaming group backed by billionaire Len Blavatnik, may soon sell a stake to Saudi Arabia's Public Investment Fund, according to insiders.
BUSINESS / Companies
Oct 8, 2024

Saudi Arabia's PIF considering minority stake in sports streamer DAZN

Deal could increase Saudi fund's influence in European football, as DAZN is a partner for Italy's Serie A, Spain's LaLiga, Germany's Bundesliga and France's Ligue 1.
Kioxia has undergone years of upheaval and the attempt to list the company is closely watched as a test case for buyout firms in Japan where more companies are selling non-core assets or going private.
BUSINESS / Companies
Oct 14, 2024

Bain sought $10 billion valuation for Japan's Kioxia, but investors only wanted to pay half

The valuation gap complicates the buyout firm's effort to exit its six-year-old investment in Kioxia.
Equinor's bid underscores the focus some wind players are putting on Japan even as they scale back elsewhere.
BUSINESS / Companies
Oct 22, 2024

Norway's Equinor tries again for a Japan offshore wind lease, sources say

A latecomer to offshore wind, Japan wants to build up to 45 gigawatts of capacity by 2040, which would make it a top-five offshore wind market.
Kioxia, formerly Toshiba Memory, had planned to begin production at the fab last year but has delayed that to autumn 2025.
BUSINESS / Tech
Nov 5, 2024

Kioxia sees flash memory demand almost tripling by 2028

The chipmaker, which was hammered by a downturn in the market for memory chips, is readying a major capacity expansion at its new fab.
Republican presidential nominee and former U.S. President Donald Trump points to supporters as he holds hands with his wife, Melania, before claiming victory in the 2024 U.S. presidential election during a rally at the Palm Beach County Convention Center in West Palm Beach, Florida, on Wednesday.
WORLD / Politics
Nov 7, 2024

Trump defeats Harris, returning U.S. to era of uncertainty

Kamala Harris congratulated her rival on a win expected to have a dramatic impact on the United States' relationships with allies like Japan and rivals like China.
Rail trucks loaded with rocks containing uranium ore wait for transportation. Russia controls almost half the world’s capacity to separate the uranium isotopes needed for nuclear reactors
WORLD / Politics
Nov 17, 2024

Russia takes aim at U.S. nuclear power by throttling uranium

Moscow controls almost half the world’s capacity to separate the uranium isotopes needed in reactors.
Chipmaker Kioxia, formerly Toshiba Memory, is reportedly targeting a December IPO.
BUSINESS / Markets
Nov 21, 2024

Chipmaker Kioxia to receive market listing approval, sources say

Bain-backed Kioxia will have a market value of about ¥750 billion ($4.84 billion) based on the indicative price for its initial public offering.
Messages from so-called Active Clubs surged on Telegram over the past month.
WORLD / Society
Nov 22, 2024

Extremists on Telegram pose as fight clubs, raising alarms in U.S.

The loosely organized network in the U.S. and Canada consist of men who say in online forums they’re working to stop the elimination of the white race.
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.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
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.”
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

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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