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March 29, 2025
 

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Mizuho Financial Group is seeking to develop its business in Europe, the Middle East and Africa.
BUSINESS / Companies
Jul 3, 2024

Mizuho hires ex-OTPP executive Karen Frank as senior adviser for EMEA business

Her appointment will likely be announced in the coming days, sources said, asking not to be identified discussing confidential information.
The U.S. sushi market has grown to almost 1.6 times the size of the market in Japan, according to Sojitz.
BUSINESS
Jul 30, 2024

Japan's Sojitz buys U.S. sushi business in seafood expansion drive

Sojitz is aiming to boost annual net profit from seafood operations to ¥4 billion ($26 million) in the year to March 2027.
U.S. Vice President Kamala Harris hosts a roundtable discussion with Japanese business executives from companies in the semiconductor industry in Tokyo on Sept. 28, 2022. In a recent survey, some 43% of Japanese firms polled said they preferred a Harris presidency.
BUSINESS / Companies
Aug 15, 2024

Japan firms see Harris presidency as better for business than Trump

The results of a Reuters survey reflect respondents' concerns about protectionism and policy unpredictability.
Founded in 1879, Tokio Marine was Japan's first nonlife insurance company and it has since expanded into life insurance and now has a presence in 46 countries besides Japan.
BUSINESS
Oct 18, 2024

Tokio Marine pauses sale of Southeast Asia life insurance business, sources say

The delay appears to be due to the firm's dispute with a Malaysian partner.
Nomura Holdings CEO Kentaro Okuda. In addition to the financial penalties for market manipulation, Nomura is suffering a fresh blow to its reputation following various scandals over recent years including several data leaks.
BUSINESS / Companies
Oct 30, 2024

Trader's $10,000 spoofing profit haunts Nomura as the fallout widens

The firm’s problems are deepening as Nomura's rivals double down on efforts to poach clients.
The Bank of Japan's tankan quarterly survey for December is expected to show slightly weaker business sentiment among both major manufacturers and nonmanufacturers.
BUSINESS / Economy
Dec 11, 2024

BOJ quarterly survey likely to show weaker business sentiment in Japan

A slowdown in foreign economies, especially those of China and Europe, and the growing trend to spend less amid inflation, are seen weighing on sentiment.
Nippon Life Insurance Chairperson Yoshinobu Tsutsui is set to become the next head of the Japan Business Federation, or Keidanren, in May next year.
BUSINESS
Dec 17, 2024

Nippon Life chair to become head of Japan's main business lobby

Yoshinobu Tsutsui is set to be the first chairperson of the Japan Business Federation, or Keidanren, from the financial industry.
Chinese President Xi Jinping
BUSINESS / Economy
Feb 14, 2025

Xi to chair symposium attended by Jack Ma and other Chinese business leaders, sources say

Xi rarely chairs symposiums about the private sector, and the event underscores the numerous challenges currently facing China.
China's Premier Li Qiang (right) speaks with U.S, Commerce Secretary Gina Raimondo during their meeting at the Great Hall of the People in Beijing on Tuesday.
BUSINESS
Aug 30, 2023

U.S. commerce chief says business with China is key, but risky

The comments by Washington’s top trade promoter underscore that commerce has become one of the main strands of tension between the two powers.
Campaign leader Hiske Arts speaks during a meeting of climate group Fossielvrij Nederland in Amsterdam in August.
BUSINESS / Companies
Sep 13, 2023

Airlines face a storm over climate claims

A growing number of lawsuits, consumer complaints and rulings from advertising regulators are seeing to restrict airlines' sustainability claims.
BUSINESS
Oct 11, 2023

Panel raps Sompo Japan's resumption of business with Bigmotor

The report said the resumption of business was caused by concerns among Sompo Japan execs about possibly losing deals with Bigmotor to rivals.
Nomura's majority-owned joint venture in China has struggled to grow since its launch in 2019.
BUSINESS / Companies
Oct 26, 2023

Nomura reviews business plan for mainland China as losses rise

The move comes as a further blow to the top Japanese investment bank's global expansion strategy.
At stake in this year's spring negotiations between trade unions and large Japanese firms, analysts say, is whether wages will rise far enough to ignite the sustainable inflation that policymakers consider a prerequisite for ending negative interest rates.
BUSINESS
Jan 16, 2024

Japan's top business lobby calls for worker pay raises above inflation

The call sets the tone for annual wage talks that may pave the way for the Bank of Japan to exit its ultraeasy monetary policy.
The Bank of Japan headquarters in Tokyo
BUSINESS / Companies
Mar 19, 2024

Japanese business groups welcome BOJ's first rate hike in 17 years

"I think the BOJ has caught the indications that a virtuous cycle between wages and prices has started," Keidanren Chairman Masakazu Tokura said.
Business sentiment among large manufacturers in Japan in the April-June quarter improved for the first time in two quarters, but the mood among big service-sector firms worsened for the first time in four years, according to a Bank of Japan survey.
BUSINESS / Economy
Jul 1, 2024

Japan's shaky business mood and GDP downgrade cloud BOJ hike timing

A mixed economic outlook complicates the BOJ's decision on how soon to raise interest rates, analysts say.
Nomura Orient International Securities, Nomura Holdings' Shanghai-based joint venture brokerage, lost 184.5 million yuan ($26 million) in 2023, marking the fourth straight year of losses since its launch.
BUSINESS / Companies
Aug 9, 2024

Nomura’s former China business head leaves after years of losses

Sun Dongqing joined Shenzhen-based East Asia Qianhai Securities this month, according to registration records.
The Adani Group headquarters in Ahmedabad, India
BUSINESS / Companies
Nov 29, 2024

Japanese banks stick with Adani as Jefferies and Barclays review ties

Gautam Adani and others have been charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts.
DMM Bitcoin plans to hand over its customers' deposits to SBI VC Trade, a cryptocurrency exchange unit of SBI Holdings, around next March.
BUSINESS / Companies
Dec 2, 2024

Crypto exchange operator DMM Bitcoin to close business

About ¥48.2 billion's worth of customers' bitcoin deposits were stolen in May.
Jasper Cheung, head of Amazon Japan (second from the left), which will enter the "furusato nozei" hometown donation intermediary business.
BUSINESS / Companies
Dec 19, 2024

Amazon Japan to enter 'furusato nōzei' business

Amazon aims to differentiate its service from other sites by delivering gifts as quickly as one day after donations are made.
Private detective Marcus Lentz holds his camera as he poses for photos in his office in Hanau, western Germany, on Dec. 20.
BUSINESS
Dec 30, 2024

For German 'sick leave detective,' business is booming

Workers in Germany, on average, took 15.1 days of sick leave last year, up from 11.1 days in 2021.
A Panasonic Energy factory in the city of Kinokawa, Wakayama prefecture
BUSINESS / Companies
Jan 7, 2025

Panasonic Energy says cutting China supply for U.S. business a 'No.1 objective'

Incoming U.S. President Donald Trump's pledge to raise tariffs on imported Chinese goods has forced companies around the world to reassess their manufacturing processes.
The number of corporate bankruptcies with liabilities of ¥10 million or more in Japan last year marked the third consecutive year of increases as rising prices due to the yen's weakening and labor shortages caused business failures in a wide range of industries.
BUSINESS / Economy
Jan 14, 2025

Japan business failures top 10,000 in 2024, worst in 11 years

The annual figure marked the third consecutive year of increases as rising prices due to the yen's weakening and labor shortages caused business failures.
Keidanren Chairman Masakazu Tokura hailed Prime Minister Shigeru Ishiba's first meeting with U.S. President Donald Trump as successful.
BUSINESS / Companies
Feb 11, 2025

Japan's business community expresses relief after the Ishiba-Trump summit

Uncertainty about the future remains, however, as Trump mentioned his eagerness to eliminate the U.S. trade deficit with Japan.
The uncertain reaction to Xi Jinping’s display of warmth toward business made sense: China’s executives are eager for a reset after years in the cold but ever wary of meddling.
BUSINESS / Markets
Feb 24, 2025

Is Xi’s sudden embrace of business for real? China is left guessing

China's private sector has good reasons to worry that Beijing could meddle more in businesses in the name of supporting them.
Daiwa Securities has stationed "inheritance consultants" at its headquarters and all branch offices to advise clients on inheritance tax planning and the importance of having a will.
BUSINESS / Companies / FOCUS
Feb 25, 2025

Japan's traditional brokers shift focus to inheritance business

As the population ages, a growing number of individuals are concerned about end-of-life planning.
CocoDesk private work booths set up by Fujifilm Business Innovation and Tokyo Metro at a subway station in Tokyo
BUSINESS / Companies
Feb 20, 2024

Demand for private work booths grows in Japan

The increase in the use of private work booths reflects how working styles have become more diverse since the pandemic.
Tourists visit Wat Arun Ratchawararam Ratchawaramahawihan in Bangkok in January.
BUSINESS
Apr 8, 2024

Thailand leads push for six-nation visa to attract more tourists

The plan is meant to ensure seamless mobility for travelers among neighboring countries.
Sony Group Chairman Kenichiro Yoshida says the group wants to contribute to anime through creation.
BUSINESS / Companies
May 23, 2024

Sony Group to strengthen anime business

The group will consider establishing an organization to train foreign anime creators.
The Google campus in Mountain View, California, on May 2
BUSINESS / Companies
Oct 1, 2024

Epic Games accuses Samsung and Google of scheme to block app rivals

Epic says it will also raise its competition concerns with regulators in the EU
Keidanren Chairman Masakazu Tokura at a news conference in Sapporo on Oct 8.
BUSINESS
Oct 12, 2024

Japan's top business lobby proposes maximum use of nuclear energy

The proposal noted that Japan has been facing the toughest energy challenges since the oil crises in the 1970s and 1980s.
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
Massive quake kills at least 150 in Myanmar and Thailand
Medical workers treat a earthquake survivor on a bed in the compound of a hospital in Naypyitaw on Friday, after an earthquake in central Myanmar.
Student suicides in Japan hit all-time high
A volunteer handles an incoming call at the Tokyo Befrienders call center, a suicide hotline center in Japan's capital.
Tourist submarine sinks in Red Sea of Egypt, leaving 6 people dead
The interior of a Sindbad submarine vessel at sea off Hurghada, Egypt, in August 2024, in this still image obtained from video.
Yellow sand blankets cities across Japan
The Meteorological Agency forecast the yellow sand to move away from eastern Honshu by 6 p.m. on Wednesday. But it will continue to cover parts of western Honshu and Shikoku until Thursday morning, it said.
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Tokyo Series proves to be big business for MLB — and Japanese companies
An advertisement featuring Shohei Ohtani in Tokyo.
New SDF command will be key for contingency planning, Australian commander says
A Maritime Self-Defense Force SH-60K "Super Auk" from JS Shiranui prepares to land on HMAS Brisbane during Exercise Malabar 2023 while off the coast of New South Wales, Australia.
Japanese wages likely to rise more than 5% again this year
Wages are set for another big increase this year as annual negotiations secure generous agreements.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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