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November 22, 2024
 

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Japan Times
WORLD / FOCUS
Feb 5, 2022

Inside Johnson & Johnson’s secret plan to cap litigation payouts to cancer victims

If J&J succeeds, some experts argue, it could provide a blueprint for corporate America on how to circumvent jury trials involving allegations of defective products or misconduct.
Dai-ichi Life Holdings has begun to include more alternative investments in its ¥33.9 trillion portfolio, and is also looking at increasing mergers and acquisitions.
BUSINESS
Apr 18, 2024

Shifting market spurs Dai-ichi to adjust ¥33.9 trillion portfolio

The firm is cutting its holdings of domestic equities, which are surging, to avoid too much exposure to the asset class.
Apple CEO Tim Cook attends the Wonderlust event at the company's headquarters in Cupertino, California, on Sept. 12, 2023.
BUSINESS / Companies
May 3, 2024

Apple unveils record $110 billion buyback as results beat low expectations

Apple's quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.
Spectators gather on South Padre Island to watch the planned launch of SpaceX's next-generation Starship spacecraft from the company's Boca Chica launchpad, near Brownsville, Texas, on March 14.
BUSINESS / Companies
May 14, 2024

Musk's SpaceX is quick to build in Texas, slow to pay its bills

Unpaid bills and finger-pointing among contractors have led many construction-industry businesses to file liens against SpaceX properties.
Natural gas burns on a domestic kitchen stove in London.
BUSINESS / Companies
May 14, 2024

As war stems Russian gas, Norway's Equinor gains outsized market impact

Norway now supplies 30% of Europe's gas, and roughly two-thirds of Norway's exports last year were sold by Equinor.
Employees place items into boxes and envelopes at an Amazon fulfillment center.
BUSINESS / Companies
May 16, 2024

Amazon workers say they struggle to afford food and rent

Amazon has long been criticized for its treatment of employees
Nvidia founder and CEO Jensen Huang delivers a keynote address on the latest innovations in AI, during a developers conference at the SAP Center in San Jose, California, on March 18. Nvidia on Wednesday issued a second-quarter revenue forecast of about $28 billion, topping the $26.8 billion predicted by analysts.
BUSINESS / Companies
May 23, 2024

Nvidia delivers on AI hype, igniting $140 billion stock rally

Its shares rose as much as 7.8% in extended trading on Wednesday, taking them above $1,000 for the first time.
Workers prepare boxes of oyster products for shipping at Suzuki Suisan in Saka, Hiroshima Prefecture. The company stopped offering free shipping services in March.
BUSINESS / Companies / Regional Voices: Hiroshima
Jun 3, 2024

Transportation firms grapple with new driver overtime cap

The overtime cap introduced in April has led to increased transportation costs and some logistical headaches as firms try to adjust.
Meta, the parent of Facebook, Instagram and WhatsApp, has seen threat actors rely on artificial intelligence to produce fake images, videos and text to try influencing users on its sites.
BUSINESS / Companies
May 30, 2024

Meta removes AI-generated influence campaigns from China and Israel

Social media companies such as Facebook, ByteDance’s TikTok and Elon Musk’s X have struggled with the influx of fake and misleading AI-generated content on their sites.
Greek-flagged bulk cargo vessel Sea Champion is docked to the port of Aden, Yemen to which it arrived after being attacked in the Red Sea in what appears to have been a mistaken missile strike by Houthi militia, in February.
ENVIRONMENT / Climate change
Jun 1, 2024

How Red Sea disruptions are driving up carbon emissions

A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, driving up emissions.
Nvidia made a big bet on graphics chips and the vision of its co-founder and Chief Executive Officer Jensen Huang that the industry would shift to what he calls "accelerated computing.” That bet paid off.
BUSINESS / Companies
Jun 19, 2024

Nvidia’s 591,078% rally to most valuable stock came in waves

First, it was video game consoles, and then came data centers, autonomous vehicles and cryptocurrency. Today, its chips are powering artificial intelligence.
The Kestrel I Suborbital Launch Vehicle, operated by AtSpace, sister company of Taiwanese rocket startup TiSpace, at an AtSpace facility in Queensland, Australia, on Tuesday
BUSINESS / Companies / ANALYSIS
Jul 25, 2024

Taiwanese rocket startup may bolster Japan's space hub ambitions

A planned launch has faced regulatory hurdles and delays amid questions over whether Japan should embrace overseas business as it works to grow its space industry.
Former Kobayashi Pharmaceutical President Akihiro Kobayashi (right) and Satoshi Yamane, the new president, bow in apology over health problems caused by its beni kōji products, during a news conference in the city of Osaka on Thursday.
JAPAN / Science & Health
Aug 8, 2024

Kobayashi Pharma to withdraw from beni kōji product segment

The firm said it would offer compensation to those who suffered health problems linked to their products and prevent a recurrence of the incident.
A drone view shows Trump National Golf Club in Jupiter, Florida, on Aug. 11.
WORLD / Politics
Aug 22, 2024

Trump earns big from Florida golf resorts as his other businesses flag

The health of Donald Trump’s golf business is a bright spot at a precarious moment for the Trump Organization.
Used cars are sold at high prices at a dealership in Nagoya as a surge in export demand has reduced supply on the domestic market.
BUSINESS / Companies / Regional voices: Chubu
Sep 2, 2024

Japanese businesses grapple with exchange rate swings

For the used car sector, the weaker yen has resulted in buyers being forced to pay higher prices due to increased export demand.
Cars are assembled at a Maruti Suzuki manufacturing plant in Manesar, India, in September 2023. Suzuki is one of the success stories for Japanese manufacturers trying to establish joint ventures in India, having become a household name in the country.
COMMENTARY / Japan
Aug 29, 2024

For Japanese companies in India, local staff are an invaluable resource

The roots of Japanese investment in India go far back, to 1958, when the latter became the first country to receive official development assistance from Japan.
The Tokyo Ballet’s 60th anniversary program includes Maurice Bejart’s famous shorts, such as “Bolero.”
CULTURE / Stage
Sep 13, 2024

The Tokyo Ballet marks year of rebirth with tributes to history and innovation

Long-time collaborator Bejart Ballet Lausanne brings masterworks to Japan for The Tokyo Ballet's 60th anniversary celebrations.
An online seminar held in late July by Norihiro Nishimura, a professor at Mie University’s Graduate School of Regional Innovation Studies, involved deep discussions that provided participants with direction in the fine-tuning of their research.
JAPAN / Society / Regional voices: Chubu
Sep 30, 2024

Chubu universities train corporate execs through graduate programs

The programs teach company presidents and executives how to look within their organizations — for issues, challenges and data — to grow their businesses.
Intel, once the world’s largest chipmaker, has become the target of takeover speculation since a rapid deterioration of its business this year.
BUSINESS / Tech
Sep 28, 2024

Arm is rebuffed by Intel after inquiring about buying product unit

Intel, once the world’s largest chipmaker, has become the target of takeover speculation since a rapid deterioration of its business this year.
Local activists and tech workers protest against Google and Amazon's Project Nimbus contract with the Israeli military and government, outside the Google Cloud Next Conference in San Francisco, California, on August 29, 2023.
WORLD
Oct 8, 2024

Decoding the role Big Tech plays in the war in Gaza

The Israel-Hamas war has spotlighted how artificial intelligence and machine learning can be used on the battlefield.
A building that houses a museum of penises and an H&M in Reykjavik, Iceland, has become the virtual home to some of the world’s worst perpetrators of identity theft, ransomware, disinformation, and other wrongdoing.
BUSINESS / Tech
Oct 14, 2024

Some of the web’s sketchiest sites share an address in Iceland

The street address of the Icelandic Phallological Museum is also the registered address for a company that allows people to shield their identities online.
Debt-laden companies in Japan are rapidly growing in number, in some measures even faster than in 1992 after the collapse of its asset price bubble.
BUSINESS / Companies
Oct 22, 2024

Zombie companies may finally succumb to bankruptcy on BOJ hikes

Bankruptcies topped 5,000 cases for the first time in a decade between April and September, a report by Tokyo Shoko Research showed earlier this month.
Apple CEO Tim Cook
BUSINESS / Companies
Oct 22, 2024

Apple CEO Tim Cook’s other job: Helping Nike turn things around

Cook has carved out a role as one of Nike’s closest outside advisers over the last 19 years and is the company’s lead independent director.
Unattended picket signs are piled up outside a Boeing facility in Seattle on Monday, after unionized workers voted to end their strike.
BUSINESS / Companies
Nov 6, 2024

Boeing CEO in battle to mend rifts after bitter strike ends

The strike exposed divides that run right through the company.
Nissan Motor slashed its earnings outlook earlier this month and said it would cut 9,000 jobs and a fifth of its manufacturing capacity.
BUSINESS / Companies
Nov 21, 2024

Hedge fund Effissimo stirs speculation with its stake in Nissan Motor

News of the investment sent Nissan’s shares soaring 13% on Nov. 12.
A man plays video games in Sao Paulo, Brazil, on Tuesday. As AI platforms advance at breakneck speeds, hundreds of thousands of jobs in the gaming sector become at risk of being replaced by the technology.
BUSINESS
Jul 26, 2023

AI is rewriting the rules of $200 billion games industry

One major Japanese studio believes that half of the company’s programmers and designers could become redundant within the next five years.
Pedestrians passing anti-tank obstacles in Odesa, Ukraine, on Thursday
WORLD
Jul 30, 2023

U.S. pressures Russia war smugglers after army’s run on chips

A chip ban is aimed at curbing Russia’s production of drones and precision missiles that rely on components that are largely manufactured in Taiwan.
The Vinfast booth at the 2022 New York International Auto Show in New York on April 14, 2022
BUSINESS / Companies
Aug 16, 2023

Vietnamese EV-maker Vinfast surges in U.S. trading debut

The company’s shares gained 255% on Tuesday in New York, giving it a market value above U.S. auto giants such as Ford Motor and General Motors.
The U.S. has 8,000 km of carbon dioxide pipelines, but will need at least 50,000 to hit climate goals, according to a carbon transport engineer at the U.S. Department of Energy.
ENVIRONMENT / Climate change
Aug 21, 2023

U.S. Midwest is ground zero in the fight over carbon capture

The U.S. wants to greatly expand carbon capture and storage infrastructure, including pipelines, but many projects face opposition in the Midwest.
Just 17.4% of small and midsize companies in Tokyo have developed business continuity plans to prepare for emergencies including natural disasters, according to a recent survey.
BUSINESS
Sep 3, 2023

Only 23% of Tokyo companies have business continuity plans, survey shows

Efforts to create such plans did not spread widely among companies although many had their operations disrupted due to the March 2011 quake and tsunami.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
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.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

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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