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November 23, 2024
 

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Japan Times
ASIA PACIFIC
Oct 18, 2022

Sanctioned Myanmar tycoons find shelter in Singapore, but for how long?

Most Asian countries, including Singapore, don't support the sanctions on Myanmar. Singapore Prime Minister Lee Hsien Loong has said they would only hurt the country's people.
Japan Times
BUSINESS / Tech
Aug 30, 2022

Secret data, tiny islands and a quest for treasure on the ocean floor

Mining firm The Metals Co. has worked hard to gain access to mineral-rich sea beds it says will help power the EV revolution, but its proposed operations worry environmentalists.
Japan Times
BUSINESS / Companies
Aug 25, 2022

Nidec’s COO to resign after being sidelined by founder Shigenobu Nagamori

The move underscores the Japanese company's struggles to put a succession plan for its aging founder in place.
Japan Times
BUSINESS / Tech
Aug 17, 2022

Big Tech helps Big Oil pump more, belying climate pledges

The tech giants began courting oil companies several years ago, eager for business from a lucrative but technologically backward industry.
Japan Times
BUSINESS / Companies / Regional Voices: Tohoku
Jul 25, 2022

After 10 years, 'Toyota-ism' takes root in Tohoku as force for reconstruction

Toyota Motor President Akio Toyoda has said, “There will be no recovery of Japan without the recovery of the Tohoku region.”
Female managers of Mitsui Sumitomo Insurance take part in a training session in Tokyo in October 2018.
BUSINESS
Nov 20, 2023

Listed firms in Japan work on fostering female managers

An increasing number of publicly traded Japanese companies are actively fostering female managers to assume leadership roles in the future.
Shareholders arrive to attend Toshiba's extraordinary shareholders meeting in Tokyo on Wednesday.
BUSINESS / Companies
Nov 22, 2023

Toshiba shareholders approve plan to go private next month

The decision will allow a consortium led by JIP to buy all of Toshiba's remaining shares, marking the end of its decadeslong history as a public firm.
Yasuhide Uno, Usen-Next Holdings CEO, has transformed his father’s company into Netflix’s biggest competitor in Japan.
BUSINESS / Companies
Nov 28, 2023

Reluctant CEO becomes billionaire at Netflix rival in Japan

Initially wanting nothing to do with his father's cable music company, Yasuhide Uno's faith in video streaming helped him rebuild it for a new era.
A Taiwan Semiconductor Manufacturing Co. semiconductor wafer. Osaka-based Fuso Chemical, which has gone into debt rather than raise prices, counts TSMC as one of its clients.
BUSINESS / Tech
Dec 4, 2023

Key maker of chip materials goes into debt rather than raise prices

Osaka-based Fuso Chemical is bearing the cost to help churn out bigger volumes of sophisticated chips without asking customers for more.
Since starting out as a venue for short, silly lip-syncing videos, TikTok has emerged as an incubator for consumer trends, with millions of people trying on clothes and reviewing products.
BUSINESS / Companies
Dec 13, 2023

TikTok Shop sees early success, taking aim at giant Amazon

In a sign of how seriously Amazon is taking TikTok, the company cut deals with Pinterest, Meta and Snapchat to let users shop without leaving those apps.
Toyota dealer Hiroshima Toyopet has installed air conditioners at all 30 of its maintenance facilities in Hiroshima Prefecture to ensure mechanics can work comfortably during the summer.
BUSINESS / Companies / Regional Voices: Hiroshima
Dec 25, 2023

Hiroshima car dealers seek ways to attract mechanics

Since many people use their cars as a daily means of transportation, it is essential to secure a stable pool of mechanics.
Daihatsu Motor President Soichiro Okudaira speaks at a news conference in Tokyo on Dec. 20. 
EDITORIALS
Dec 29, 2023

Daihatsu scandal is a warning for Japan Inc.

Investigations indicate that improprieties at Daihatsu stretch as far back as 1989, indicating a profound problem with the company’s culture.
U.S. Steel’s agreement to sell itself to the Japanese steel-maker has turned into a political football, with key politicians and opponents of the deal seizing on the union’s claims that U.S. Steel didn’t comply with the labor agreement.
BUSINESS / Companies
Jan 7, 2024

U.S. Steel denies breach of labor agreements in Nippon deal

The Pittsburgh-based manufacturer said it repeatedly reached out to the United Steelworkers during the company’s strategic review before the sale.
As Kura has grown, so has the hype, with diners sometimes enduring seven-hour waits to try its automated sushi-serving machines and dishes under plastic domes brought to the table on a revolving belt.
BUSINESS / Companies
Jan 13, 2024

Kura Sushi must live up to high hopes after wowing Wall Street

Kura shares have surged more than sixfold since their 2019 debut, climbing from an initial public offering price of $14 to $88.55.
Tesla CEO Elon Musk
BUSINESS / Companies
Jan 17, 2024

Musk's warning about Tesla stake raises governance questions

CEOs and directors are prohibited from taking any business opportunity for themselves that belongs to the firm.
Sony terminated merger plans with Zee on Monday after more than two years of negotiations, citing alleged breaches of the terms of their agreement.
BUSINESS / Companies
Jan 25, 2024

India's Zee asks Sony to honor merger obligations and approaches tribunal

Zee denies Sony's claims that it had breached the terms of their agreement, which the Japanese company cited as the reason it called off the deal.
Workers assemble electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, in September 2021.
BUSINESS / Tech
Jan 28, 2024

Riyadh's multi-billion EV dream risks crashing into reality

Riyadh has spent billions to try to turn itself into a hub for electric vehicles and overcome obstacles including a lack of infrastructure and talent.
Mitsui & Co. employees hold a meeting at its headquarters in Tokyo. The company introduced a stock-based compensation system in 2020.
BUSINESS / Companies
Jan 29, 2024

Growing number of Japan firms adopt stock-based worker compensation

The practice underscores the belief that fostering growth can be achieved through effective human capital management.
SoftBank CEO Masayoshi Son is a longtime investor in WeWork, sticking with the company throughout its many ups and downs.
BUSINESS / Companies
Feb 2, 2024

SoftBank swoops in to rescue WeWork Japan

The development comes just four months after the troubled coworking business — once valued at $47 billion — filed for bankruptcy in the U.S.
A man walks through panels at a solar power plant under construction in Aksu, in the Xinjiang Uyghur Autonomous Region of China, in 2012.
BUSINESS / Companies
Feb 6, 2024

Banned Chinese solar goods worth billions find route to U.S. via India

Amid a solar boom, India’s largest panel-maker has sent millions of panels to the U.S. made with parts from a Chinese firm denied entry to the U.S. market.
Masayoshi Son, chairman and chief executive officer of SoftBank Group. One of SoftBank's primary objectives will be to harvest returns from its huge portfolio rather than priming unprofitable startups for growth.
BUSINESS / Companies
Feb 14, 2024

SoftBank’s Vision Fund swaps splashy bets for ‘timid’ investing

As other tech investors have heaped money into new artificial intelligence firms, Vision Fund has stayed out of the fray.
Intuitive Machines CEO Steve Altemus holds a model of the Odysseus lunar lander to show its position on the side, during a news conference at Johnson Space Center in Houston on Friday.
WORLD / Science & Health
Feb 24, 2024

Moon lander tipped sideways on lunar surface but 'alive and well'

The moon lander dubbed Odysseus is is resting on its side a day after its touchdown as the first private spacecraft ever to reach the lunar surface.
A Boeing Co. 737 Max airplane on the production line at the company's manufacturing facility in Renton, Washington, in March 2019
BUSINESS / Companies
Feb 27, 2024

Boeing's safety culture slammed by FAA after 737 Max midair door loss

An expert report shows the work still to be done at Boeing despite efforts to overhaul its culture after fatal crashes in 2018 and 2019 killed 346 people.
Advantest’s stock price has climbed 44% this year already, hitting record highs.
BUSINESS / Companies
Feb 29, 2024

Japan’s Advantest taps American to become next CEO

Douglas Lefever will become chief executive officer as of April 1, in a rare example of a foreign citizen taking the helm of a major Japanese corporation.
Rescuers clear debris from a multistory building heavily damaged following a drone strike, in Odessa, Ukraine, on March 3.
BUSINESS / FOCUS
Mar 10, 2024

The $1 trillion race to rebuild Ukraine is slowly getting going

Firms are boosting their presence in Ukraine, in anticipation of the conflict's end — and the biggest investment opportunity since at least World War II.
A Zara clothing store in Brussels on November 2022. Inditex is an outlier among big clothing retailers in not publishing details of the factories from which it sources.
BUSINESS / Companies
Mar 12, 2024

Zara owner Inditex faces pressure from investors on supply chain disclosure

Regulators and investors want transparency from clothing retailers, to prove supply chains are free of forced labor and workers are paid decent wages.
An Alaska airlines Boeing 737 takes off from Los Angeles International Airport on March 6. Boeing unveiled that it handed over 27 airplanes to customers in February, lagging the 49 notched by Airbus.
BUSINESS
Mar 13, 2024

Boeing crisis derails airline growth plans as output stalls

Boeing’s crisis of confidence is spreading to the airlines that buy its jets, creating a massive bottleneck in an industry with limited choices.
A Boeing 737 Max aircraft at an airshow in Farnborough, England, in 2022. In early January, the door plug on an Alaska Air 737 Max 9 blew off shortly after takeoff from Portland, Oregon, prompting an explosive decompression.
BUSINESS / Companies
Mar 14, 2024

Boeing 737 Max probe still in dark over who caused door fail

The planemaker has said it’s unable to find the relevant records, and factory security footage that may have helped have been overwritten.
SpaceX's next-generation Starship spacecraft, atop its powerful Super Heavy rocket, lifts off on its third launch from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on Thursday.
BUSINESS / Companies
Mar 15, 2024

SpaceX rocket makes successful test flight but is lost in descent

SpaceX's prior attempts have ended in spectacular explosions — but the company says this is an acceptable cost in its rapid trial-and-error approach.
The Tokyo Garden Terrace Kioicho hotel and office complex in Tokyo's Chiyoda Ward
BUSINESS / Companies
Mar 22, 2024

Seibu may sell 36-story Tokyo office building for ¥300 billion, sources say

Japan's highest value property transaction is currently the ¥436 billion sale by the government in 2022 of its stake in another Tokyo office building.
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

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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