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November 22, 2024
 

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Masae Yamanaka joins colleagues from Panasonic Connect to take part in the Tokyo Rainbow Pride parade in April.
BUSINESS / WOMEN AT WORK
Aug 3, 2023

How one woman's career in sales flourished across four companies

As she rose through sales in various companies, Masae Yamanaka stuck to her mother’s teachings: keep working, commit to actions.
Starbucks' stock has fallen for the past two weeks amid concern about "still-slow China data” and sales trends, according to one analyst.
BUSINESS / Companies
Dec 5, 2023

Starbucks heads for record losing streak as sales concerns mount

An 11-day stock slump has erased 10% of the coffee giant's market value, or nearly $12 billion.
Attendees play the Fate/Samurai Remnant video game on PlayStation 5 video game consoles at the Tokyo Game Show in September.
BUSINESS / Companies
Dec 21, 2023

Sony highlights PS5 momentum as hardware sales top 50 million

Sony is seeing strong momentum for its PlayStation 5 console, a senior games executive has said, with lifetime sales exceeding 50 million units and the company recording its best-ever Black Friday period sales for the device.
Toyota's annual global sales topped 10 million units in 2023 for the first time.
BUSINESS / Companies
Apr 26, 2024

Toyota sets records for output and sales as scandals fail to dent demand

Global sales increased 5% from a year earlier to 11.1 million units, new data shows, exceeding 10 million for the first time.
Daihatsu saw its sales fall by about 60% in January amid a scandal over fraudulent testing.
BUSINESS
Mar 1, 2024

Japan auto sales down almost 20% in February

The decline reflected the effects of certification test scandals, with new vehicle sales at Daihatsu down roughly 80% and those at Toyota down about 30%.
A screen tracks Nvidia's stock price movements as a trader works on the floor at the New York Stock Exchange on Oct. 23, 2023.
BUSINESS / Companies
Jun 24, 2024

Nvidia sales grow so fast that Wall Street can’t keep up

No one can figure out what the chipmaker’s revenues are actually going to be amid an artificial intelligence boom.
A Louis Vuitton store under construction in the Sanlitun area of Beijing on Oct. 12
BUSINESS / Companies
Oct 17, 2024

LVMH sales drop as Chinese demand for costly handbags cools

Organic revenue at its key fashion and leather goods unit fell 5% in the third quarter, its worst performance since the second quarter of 2020.
Toyota's global production jumped 11% in November to a record level, bouncing back from last year's supply chain disruptions and benefiting from robust demand both in Japan and overseas.
BUSINESS / Companies
Dec 27, 2023

Toyota saw record November sales on demand from U.S. and Europe

Global sales — including that of subsidiaries Hino and Daihatsu — rose 12% from a year earlier to 986,262 units.
Though Apple’s overall revenue of $81.8 billion came in just above Wall Street estimates last quarter, iPhone demand was weaker than predicted.
BUSINESS / Tech
Aug 4, 2023

Apple faces longest sales slowdown in decades as iPhone slumps

The company reported a revenue decline of 1.4% in the fiscal third quarter, hurt by an industrywide slump that has sapped demand.
Toyota said its group net profit in the fiscal year that ended in March nearly doubled from the previous year to hit a record high, due to robust sales of hybrid vehicles.
BUSINESS / Companies
May 8, 2024

Toyota posts record net profit on weak yen and strong hybrid sales

The carmaker saw a 31% jump in sales of hybrid vehicles, bringing the total to 3.7 million, while sales of purely electric cars were 116,500.
In the April-September period, Nintendo logged net profit of ¥108.7 billion ($710 million), down 60% from the same period a year earlier.
BUSINESS / Companies
Nov 5, 2024

Nintendo lowers sales forecast as first-half profits plunge

The video game giant now expects sales of ¥1.28 trillion, down from the previous estimate of ¥1.35 trillion, and also issued a less optimistic operating profit forecast.
Toyota's global sales and production for August hit record highs.
BUSINESS / Companies
Sep 29, 2023

Toyota's global sales and output hit record high in August

Global production rose 4% to a record 924,509 vehicles, including subsidiaries Daihatsu Motor and Hino Motors, the Japanese carmaker said Thursday.
Foreign tourists at a duty-free counter in a department store in Tokyo
BUSINESS
Jan 26, 2024

Duty-free sales at Japan department stores hit record high in 2023

The rise reflected the weak yen, as well as an increase in the number of foreign visitors to Japan.
Sony trimmed its revenue forecast after sales of its flagship PlayStation 5 in the December quarter came in roughly a million units lower than analysts’ estimates.
BUSINESS / Companies
Feb 15, 2024

Sony dives most in two years after cutting PS5 sales outlook

Shares fell as much as 8.4% in early Tokyo trading, the biggest intraday fall since February 2022.
Nissan Motor will launch 30 new models over the next three years, including 16 electrified models.
BUSINESS / Companies
Mar 25, 2024

Nissan to launch 30 new models by 2027 and boost global sales volumes

Nissan was a pioneer in EVs but the carmaker has been eclipsed by the likes of U.S. rival Tesla and Chinese leader BYD.
A gallery of cars at Nissan's headquarters in Yokohama. The carmaker revised downward its profit and sales forecasts for the fiscal year that ended in March.
BUSINESS / Companies
Apr 19, 2024

Nissan cuts sales and profit forecasts

The firm said the revision was made because of lower sales volumes and higher costs paid to suppliers, among other factors.
People try out the new iPhone 15 Pro in Shanghai in September 2023.
BUSINESS / Companies
May 2, 2024

Apple tapping AI to boost iPhone demand ahead of expected sales decline

Wall Street expects a slight decline in iPhone sales, and analysts estimate quarterly revenue to fall by the most since the winter of 2022.
Some 2,181 morning-after pills were sold at 145 pharmacies across the nation, with Tokyo and Kanagawa Prefecture recording over 200 sales each.
JAPAN / Science & Health
May 20, 2024

Morning-after pill buyers back prescription-free sales following trial

Some 27% of purchases were made on Saturdays and Sundays, when many clinics are closed.
Toyota's global sales, including those of subsidiaries Daihatsu and Hino, fell 4.5% last month from a year earlier to 835,788 vehicles.
BUSINESS
May 30, 2024

Toyota sales and output fall on Prius recall and dip in China

Global sales, including those of subsidiaries Daihatsu Motor and Hino Motors, fell 4.5% last month from a year earlier.
A truck transports new Tesla cars at its factory in Shanghai in May 2021.
BUSINESS / ANALYSIS
Jul 28, 2023

Global automakers scramble to reset China strategies as sales slow

Some German brands and General Motors are betting on new electric vehicles, while Toyota and others have shifted to cost-cutting mode.
China with its government subsidies has become a dominant player in the EV market, causing concern in Europe and the United States.
COMMENTARY / World
Sep 19, 2023

EV leadership means more than just sales figures

EV dominance matters because electric vehicles are the future.
Sony Group has raised its full-year outlook after its media divisions outperformed.
BUSINESS / Companies
Nov 9, 2023

Sony raises sales and profit outlook as media helps offset mobile

The adjustments suggest resilient consumer spending and a weaker yen are stabilizing the business.
Toyota's domestic sales for January fell for the first time in 13 months as a data-rigging scandal at its small-car unit Daihatsu led to a production halt of some Toyota brand cars the unit made.
BUSINESS / Companies
Feb 28, 2024

Toyota Group sales lose steam amid fallout from test data scandals

Domestic sales for January fell for the first time in 13 months while worldwide production fell 3.8%, the first global decline in 13 months.
Travelers in front of a Suntory duty-free shop at Kansai International Airport in December
BUSINESS
Jun 25, 2024

Duty-free sales at Japan's department stores tripled in May

Record sales were achieved with the help of a significant influx of Chinese tourists and the yen’s weakness.
Toyota's global sales declined 4.7% in the first half of this year compared to the same period the year before.
BUSINESS / Companies
Jul 30, 2024

Toyota first-half sales fell even as hybrids and EVs gained in U.S.

Toyota’s global output — including that of subsidiaries Daihatsu Motor and Hino Motors — dropped 9.8% versus the first six months of 2023 to about 5 million units.
Toyota Motor's global sales — including subsidiaries Daihatsu Motor and Hino Motors — rose 0.7% to 924,918 units in July.
BUSINESS
Aug 29, 2024

Toyota sales overcome U.S. woes for first growth in six months

Toyota Motor’s sales eked out growth for the first time in six months on strong demand in Europe and Japan.
Air conditioners are assembled at a unit of Daikin Industries at a plant in Shiga Prefecture in August 2017.
BUSINESS
Sep 1, 2024

Japan air conditioner sales booming amid scorching heat

Households are rushing to buy energy-saving products as replacements to curb soaring electricity bills. Demand in cold regions is also rising.
Portable power supply devices at a Bic Camera electronics store in Tokyo
JAPAN
Sep 8, 2024

Sales of portable power supply devices surge amid heightened disaster preparedness

Jackery, a U.S.-based major portable power supply solution firm, saw a sharp climb in sales in Japan after the possible Nankai Trough quake alert issued on Aug. 8.
Prime Minister Shigeru Ishiba during a debate session with other political party leaders at the Japan National Press Club in Tokyo on Saturday
BUSINESS
Oct 15, 2024

Japan’s sales tax likely to remain 10% as big parties avoid third rail

Prime Minister Shigeru Ishiba aims to fund social security programs without changing the current tax rate of 10%.
Nintendo reported ¥27.7 billion in net profit in the July-September quarter, down 69% year on year.
BUSINESS / Companies
Nov 6, 2024

Nintendo Switch sales drop as successor console looms

Despite the decline, sales continue to be robust in comparison to past Nintendo platforms in the same year, Nintendo said.
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.
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.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
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.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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

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