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Japan Times
BUSINESS
Jun 14, 2022

Amazon builds property empire, quietly buying land across the U.S.

Amazon plans to use much of the real estate for a new generation of towering fulfillment centers that can store a wide variety of products close to customers in populous areas.
Japan Times
BUSINESS
Apr 25, 2022

Elon Musk taking Twitter private in $44 billion deal

It is a seminal moment for the 16-year-old company, which emerged as one of the world's most influential public squares but now faces a string of challenges.
Japan Times
BUSINESS
Apr 12, 2022

Twitter grapples with an Elon Musk problem

Musk, Twitter's largest shareholder and one of its highest-profile users, could very well use the social media platform against itself and even buy enough shares to take over the company.
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.
Workers on a production line manufacturing false eyelashes at a workshop of Monsheery in Pingdu, China, in November
ASIA PACIFIC
Feb 4, 2024

How North Korean eyelashes arrive in the West as 'made in China'

North Korea exported 1,680 tons of false eyelashes, beards and wigs to China in 2023, worth around $167 million.
The United States Steel Clairton Coke Works in Clairton, Pennsylvania, in December
BUSINESS / Companies
Feb 4, 2024

American steel buyers hail Nippon deal that scares Washington

Both Democratic Senators from U.S. Steel’s home state of Pennsylvania want the deal killed, citing fears that union jobs would be impacted.
Like for other generative AI services, the algorithm behind Rufus is a closely held secret and Amazon declined to discuss how it operates.
BUSINESS / Companies
Feb 6, 2024

Who benefits when shoppers use Amazon's new AI tool?

The tool raises several questions, as Amazon has a history of steering customers toward products that most benefit the company.
The Japan Pavillion is seen at the Singapore Airshow on Wednesday.
BUSINESS / FOCUS
Feb 21, 2024

At top airshow, Japanese firms explore defense export opportunities

They are offering a diverse and sophisticated range of products following a revision of guidelines on defense equipment and technology transfer.
Lawyer Hiroshi Kawahito, who represents the bereaved family of a Takarazuka Revue member who died last year, speaks during a news conference in Tokyo on Tuesday.
JAPAN / Society
Feb 28, 2024

Takarazuka Revue admits power harassment against dead member

According to the lawyer, Takarazuka Revue has indicated its readiness to apologize.
Managing Director of Cornerstone Recruitment Japan Director Matt Nicholls says a good recruiter has tenacity, drive and can handle the ups and downs of the job.
COMMUNITY / Our Lives / 20 QUESTIONS
Mar 9, 2024

Matt Nicholls: ‘People like having control over their earning potential’

A seasoned recruiter tells us why he's spent the last decade doing business in Japan and what he's learned from growing and leading multinational firms.
A worker checks the carbon fiber at the composite production line at the Swancor factory in Nantou, Taiwan, in February.
ENVIRONMENT / Sustainability
Mar 9, 2024

Recycling wind turbine blades can solve the industry’s biggest problem

Swancor is one of several firms globally trying to develop products that mimic the physical properties of current blade material but can be recycled.
Earl Stewart, a Toyota dealer, says he was shocked when he first heard about Toyota’s strategy.
BUSINESS
Mar 13, 2024

Toyota’s hybrid-first strategy is delivering big profits

Toyota’s sales are booming, and the company is reporting huge profits.
Investors been pouring money into promising AI startups, eager to uncover the next big thing after ChatGPT.
BUSINESS / Companies
Mar 11, 2024

AI talent war heats up in Europe

The talent war means workers are increasingly well-placed to make demands of their prospective employers.
Nvidia's CEO Jensen Huang displays products onstage during the annual Nvidia GTC Artificial Intelligence Conference at SAP Center in San Jose, California, on Monday.
BUSINESS / Tech
Mar 19, 2024

Nvidia unveils 'superchip' successor to all-conquering AI processor

The new chip, multiple times faster at handling AI models, will be the basis of new computers being deployed by the world’s largest data center operators.
A worker helps assemble the fuselage of a BK117 helicopter at Kawasaki Heavy Industries’ Gifu plant in Kakamigahara, Gifu Prefecture.
JAPAN / Regional voices: Chubu
Apr 1, 2024

Kawasaki Heavy’s Gifu plant produces helicopters for disaster aid

The company's BK117 aircraft has been adopted by Gifu Prefecture and many other municipalities for disaster aid.
Kobayashi Pharmaceutical has announced a recall of its products.
JAPAN / Science & Health
Mar 27, 2024

Concerns mount after two deaths linked to Kobayashi Pharma supplement

A government probe is being conducted to establish whether the supplement, which contains beni kо̄ji red fermented rice, led to the deaths.
Kobayashi Pharmaceutical President Akihiro Kobayashi (second from left) and other executives apologize for the deaths and other health damage associated with its dietary supplements, in the city of Osaka on Friday.
JAPAN / Science & Health
Mar 29, 2024

Kobayashi Pharma says blue mold compound may be cause of health problems

The beni kо̄ji red yeast rice dietary supplements are now linked to five deaths and 114 hospitalizations.
Cans of Asahi Super Dry beer move on the production line inside an Asahi Breweries plant in Moriya, Ibaraki Prefecture, in April 2023.
BUSINESS / Companies
Apr 1, 2024

With U.S. push, Asahi aims to sate evolving tastes

The drink-maker is placing its “premium” offerings and low-alcohol and nonalcoholic beverages front and center in a bid to differentiate itself.
Transfers usually take place in March at the end of the Japanese business year, but each family's reasons for living apart are different.
COMMUNITY / Voices / FOREIGN AGENDA
Apr 8, 2024

When your job separates the family

Japan's “tanshin funin” system sees married company employees leaving their families behind when they are transferred to faraway posts.
Tesla Model 3 vehicles are seen for sale at a Tesla facility in Fremont, California, last May.
BUSINESS
Apr 6, 2024

Tesla scraps low-cost car plans amid fierce Chinese EV competition

The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said.
Hiroshima Kanon Senior High School in the city of Hiroshima opened a cafeteria serving authentic Italian cuisine in December last year after Hoyu, which had been entrusted with cafeteria operations, went bankrupt in September.
JAPAN / Society
Apr 10, 2024

Business stability screenings urged for school lunch operators

The directive followed the abrupt suspension of meal services at schools across the country by Hoyu, a cooking service company.
Rapidus' semiconductor foundry construction site in Hokkaido
BUSINESS / Companies
Apr 15, 2024

Chip plant wizard weathers Hokkaido’s bitter cold in latest test

Construction firm Kajima is plowing through a series of challenges to get a chipmaking factory built on time in snowy Hokkaido.
In Japan, there’s a huge gap between how companies value their real estate assets on their books against what those same properties would fetch if sold in the market.
BUSINESS / Companies
Apr 16, 2024

Hidden billions in Tokyo real estate lure activist hedge funds

Billions in value can be unlocked by pressuring companies to sell off holdings, a tactic that activist funds are now employing.
A liquefied natural gas tanker arrives at a Tokyo Gas LNG terminal in Yokohama. Despite a decline in domestic gas demand, Japanese companies are looking to maintain their stake in overseas LNG markets, especially in Asia.
COMMENTARY / Japan
Apr 29, 2024

The double standard of Japan’s energy companies abroad

In Japan, energy companies like Tokyo Gas are striving to cut emissions. But overseas, they're shoring up LNG markets, making for a very different picture.
A member of staff at Momuri responds to a request for assistance in submitting a resignation in Tokyo on April 18.
JAPAN / Society
May 8, 2024

Japan's workers turning to agencies that help them quit jobs

One firm that provides such a service saw the highest-ever number of requests following the long Golden Week holiday.
Toshiba announced on Thursday that it would cut up to 4,000 jobs as part of a restructuring plan.
BUSINESS / Companies
May 17, 2024

Toshiba takes advantage of private status to chart new course

The company has announced that it will cut up to 4,000 jobs as part of a restructuring.
A transport ministry probe into Japan Airlines on Friday targeted daily operations pertaining to flight operations and safety management at company facilities near Tokyo’s Haneda Airport, including JAL's safety promotion headquarters.
JAPAN
May 24, 2024

Emergency probe of Japan Airlines carried out following incidents

The on-site investigation comes after the wings of two JAL planes collided while the aircraft were on Haneda Airport’s parking apron.
Shareholder approval of the $56 billion pay package serves as both an endorsement of Elon Musk's tenure and an acknowledgment that investors do not want to risk Tesla's future.
BUSINESS / Tech
Jun 14, 2024

Tesla's Musk wins shareholder approval for $56 billion pay package

The approval does not, however, resolve a lawsuit on the pay package in a Delaware court.
Tokyo Electric Power Company Holdings' Kashiwazaki-Kariwa nuclear power station in Kashiwazaki, Niigata Prefecture, in November 2022. The plant was shuttered in the wake of the 2011 Fukushima disaster, and has sat idle since.
JAPAN
Jun 23, 2024

World’s largest nuclear plant sits idle while energy needs soar

The Kashiwazaki-Kariwa plant has the potential capacity to power more than 13 million households.
Families of those killed in Boeing 737 Max 8 plane crashes hold up pictures of their deceased loved ones as the planemaker's CEO Dave Calhoun testifies before a Senate Homeland Security and Governmental Affairs Committee Investigations Subcommittee hearing on the safety culture at Boeing, on Capitol Hill in Washington on June 18.
BUSINESS / Companies
Jun 24, 2024

U.S. prosecutors recommend DOJ criminally charge Boeing as deadline looms

They concluded the planemaker had violated a settlement related to two fatal crashes in 2018 and 2019 involving its 737 MAX jet, source say.

Longform

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