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November 30, 2024
 

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South Korean President Yoon Suk-yeol speaks during an interview at the Presidential Office in Seoul on Feb. 4. Yoon has been working to cheer domestic retail investors, who have been heavy sellers of Seoul shares.
BUSINESS / ANALYSIS
Feb 23, 2024

Seoul hopes Japan stock playbook can narrow 'Korea discount'

Reforms floated last month by South Korean President Yoon Suk-yeol may not continue to boost the Seoul bourse, analysts say.
The International Monetary Fund headquarters in Washington. The IMF sees downside risks in the Japanese economy, which unexpectedly slipped into a recession at the end of last year.
BUSINESS / Economy
Feb 23, 2024

IMF sees downside risks for Japan in 2024

Japan unexpectedly slipped into a recession at the end of last year, losing its title as the world's third-biggest economy to Germany.
A man pours water into a plastic tank at an evacuation shelter in the city of Suzu, Ishikawa Prefecture, on Feb. 1.
JAPAN / Society / FOCUS
Feb 23, 2024

Noto quake highlights aging water systems in depopulating areas

Nearly 22,000 homes in Ishikawa Prefecture are still without water, and the shortage has sparked debate on how to maintain services in depopulating areas.
The Nikkei 225 on Thursday broke through a record high set just before the country's asset bubble catastrophically burst in the early 1990s.
COMMENTARY / Japan
Feb 23, 2024

Congratulations Nikkei, now don’t screw it up

Those skeptical of the current boom argue that this is nothing more than a another instance of a once-in-a-decade cycle.
Vocalist Adam Lambert (center) and original Queen members Brian May and Roger Taylor hit Nagoya, Osaka, Sapporo and Tokyo for the final leg of their marathon Rhapsody Tour.
CULTURE
Feb 24, 2024

Queen wraps marathon Rhapsody Tour in Japan

The final leg of the global tour hit four Japanese cities, providing fans with an appropriately grandiose send-off from the rockers on Valentine's Day.
Taiwan Semiconductor Manufacturing Corp.'s first Japan factory, in Kikuyo, Kumamoto Prefecture, will be operated by JASM, a subsidiary of TSMC.
BUSINESS / Tech
Feb 24, 2024

Chip giant TSMC shifts away from hot spot Taiwan with Japan plant

The chipmaker's new plant in Kumamoto will boost the resilience of global supplies of the crucial hardware, founder Morris Chang told an opening ceremony.
When Fighters interpreter Shinju Sakuma set her mind on becoming a language liaison in sports, she picked a sport she enjoyed watching and an employer who thinks outside the box.
BASEBALL / Japanese Baseball
Feb 26, 2024

Rookie female interpreter provides voice for foreign baseball stars in Japan

Shinju Sakuma, who will graduate from Rikkyo University in Tokyo this spring, is believed to be the first female interpreter in NPB history.
A new future initiative aimed at training foreign workers is part of a broader strategy to address pressing labor shortages in Japan.
BUSINESS
Mar 3, 2024

Japan eyes training foreign workers amid labor shortages

The proposed training system will supersede the current foreign technical internship system.
Light trails left by moving traffic in the Yeouido financial district of Seoul
BUSINESS / Markets
Feb 26, 2024

South Korea unveils corporate value-boosting plan to replicate Japan

The plan to push companies to improve management and corporate governance has disappointed due to a lack of enforcement and concrete details.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway
BUSINESS / Companies
Feb 26, 2024

Warren Buffett endorses Japan trading firms in letter, boosting shares

Buffett’s letter to stakeholders said that the five trading companies have reduced the number of their outstanding shares at "attractive” prices.
A screen in Tokyo shows the level of the 225-issue Nikkei stock average after it posted an all-time closing high on Monday.
BUSINESS / Markets
Feb 26, 2024

Japan’s Nikkei index sets record high for second consecutive day

The Topix was also up 0.49%, closing at 2,673.62.
In principle, political ethics committee meetings are not open to either the media or other lawmakers. But the committee can open them to both at its discretion.
JAPAN / Politics
Feb 27, 2024

What to know about the ethics committee probing the LDP funds scandal

When the committee convenes later this week, at least five senior ruling party officials are expected to testify on what they knew about the scandal.
Close-up of a silicon wafer. The Japanese government is funding a range of projects from research to advanced chip manufacturing, making an ambitious $67 billion bid to reclaim a central role in the semiconductor industry.
BUSINESS / Tech
Feb 27, 2024

Apple and Tesla veterans aim to help Japan design AI chips

The aim is to provide customers with an alternative to the semiconductor leaders Nvidia and Arm.
A Honda CR-V e:FCEV on display at H2 & FC Expo in Tokyo on Wednesday
BUSINESS / Companies
Feb 28, 2024

Honda to sell plug-in hydrogen vehicle in North America, Japan

Japan's second-largest carmaker hopes to ease drivers’ anxiety over finding hydrogen stations by adding electric recharging capabilities.
Nissan is planning an autonomous vehicle ride-share service for Japan with a 2027 launch date to address a lack of taxi drivers due to the nation’s aging population.
BUSINESS / Companies
Feb 28, 2024

Nissan plans 2027 driverless ride-share service for aging Japan

Nissan will trial the service in Yokohama's Minato Mirai area, with 20 vehicles equipped with a safety monitor in each driver’s seat.
In many cases, the return gift that shows your appreciation should be worth half of what was originally given to you.
LIFE / Language / BILINGUAL
Mar 1, 2024

Japan's return-a-gift culture isn't just for White Day

If you received a gift on Valentine's Day, White Day is your chance to return the kindness. Learn the verbs for giving with grace.
Masato Kanda, vice finance minister for international affairs (right), and Bank of Japan Gov. Kazuo Ueda (center) attend a G20 meeting of finance ministers and central bankers in Sao Paulo on Wednesday.
BUSINESS / Markets
Feb 29, 2024

Japan issues fresh warning against excessive yen moves

The warning by Masato Kanda, Japan's vice finance minister for international affairs, likely reflects Tokyo's desire to prevent further falls in the yen.
Japan's factory output in January fell at the fastest pace since May 2020 due to a drop in automobile-related production.
BUSINESS / Economy
Feb 29, 2024

Japan factory output falls at the fastest pace in nearly four years

A production downturn in motor vehicles is also adding to concerns about the fragility of an economy that slipped into recession late last year.
Japan Airlines has kicked off an unmanned drone service to deliver goods and medical supplies in the remote town of Setouchi.
BUSINESS / Companies
Feb 29, 2024

Japan Airlines starts drone service in remote areas for disasters

The carrier is working with local authorities in the town of Setouchi, a tiny inlet in Okayama Prefecture that's home to 8,000 residents.
Japan's unemployment rate fell to 2.4% in January from 2.5% in the previous month, with economists suggesting that the current recession is making firms hesitant to increase job postings.
BUSINESS / Economy
Mar 1, 2024

Japan’s tight labor market to keep upward pressure on wages

The unemployment rate fell to 2.4% from a revised 2.5% a month earlier, the internal affairs ministry reported Friday.
Prime Minister Fumio Kishida said the government would draw up a political policy package for the next three years or so for system reforms allowing the country's competitiveness and birthrate to improve by 2030.
BUSINESS / Economy
Mar 1, 2024

Japan may have lowest per capita GDP among major economies in 2060

The government estimate is likely to materialize if the country's productivity growth remains low as in recent years and the population continues to fall.
The Cabinet has agreed to new national security legislation on sensitive government- and private-sector information that lawmakers should pass.
EDITORIALS
Mar 1, 2024

Protecting information is the key to national security

In recent years, however, that landscape has shifted and new fields are now considered essential to a country’s security and prosperity.
Shohei Ohtani's announcement not only broke hearts but also broke the internet, with terms related to his marriage dominating the trending terms on social media.
JAPAN / Society / First person
Mar 1, 2024

Ohtani is taken. It’s enough to make you cry.

It’s official, and it's over: Shohei Ohtani has left the future husband market and, in the blink of an eye, leveled a field of fairy-tale dreams.
Former economy minister Yasutoshi Nishimura, who served as the Abe faction’s secretary-general for 10 months until August 2022, said the practice of returning portions of the income collected through fundraising parties to individual lawmakers was solely handled by the faction chairman and an administrative secretary.
JAPAN / Politics
Mar 1, 2024

As ethics hearing unfolds, Diet falls into chaos over budget approval

The CDP sought to censure budget committee leader Itsunori Onodera over his decision to push through a final vote, and argued for more extensive debate.
Business is booming for Japan's top airlines as the weak yen spurs the arrival of more foreign visitors, while local demand for international trips and domestic routes remains high.
BUSINESS
Mar 1, 2024

Japan’s top airlines to hire 3,700 workers in the next year

Business for the airlines is booming as the weak yen spurs the arrival of more foreign visitors.
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%.
Currency dealers work in front of an electronic board showing the Korean Composite Stock Price Index (KOSPI) at a dealing room of a bank in Seoul. Officials in South Korea are taking a cue from Japan, where a push for corporate reforms has been one of the key drivers for a world-beating equity rally.
BUSINESS / Economy / FOCUS
Mar 2, 2024

South Korea faces long road in unlocking corporate value like Japan

As global investors scrutinize South Korea’s plans, they note a key hurdle — the prevalence of family-controlled businesses, or chaebols.
Rina Gonoi, a former Self-Defense Forces member who accused colleagues of sexually assaulting her during her time in the military, speaks during an interview in Yokohama last December.
JAPAN / Society
Mar 2, 2024

Japanese ex-soldier wins U.S. award for fight against sexual harassment

The U.S. will honor former Self-Defense Forces soldier Rina Gonoi with the International Women of Courage Award.
Solar panels on display at PV Expo in Tokyo on Wednesday. Japan's "transition bonds" will cover cutting-edge solar cells, as well as more controversial projects.
ENVIRONMENT / Energy / OUR PLANET
Mar 3, 2024

Japan wants cash for its green transition. But what are investors actually backing?

"Transition bonds" are intended to fund a wide variety of net-zero projects, but it's not clear all of them will actually help with decarbonization.
The Japanese parliament building in Tokyo
JAPAN / Politics
Mar 3, 2024

Opposition again demands 32 Upper House members face ethics panel

Junichi Ishii, LDP parliamentary affairs chief in the Upper House, says the LDP intends to decide in early March on the plan to hold ethics panel hearings.
Japan researchers develop a simple way to spot signs of Alzheimer's disease
In 2022, the number of elderly people with dementia in Japan reached 4.43 million, according to data from the health ministry.
Japan to overhaul tax exemption system for foreign visitors
The Ginza shopping district in Tokyo in August
Two dead after fire at Upper House lawmaker Kuniko Inoguchi’s apartment
A fire broke out on the sixth floor of an apartment building where Upper House lawmaker Kuniko Inoguchi resides on Wednesday in Tokyo's Bunkyo Ward.
Real-life ‘Tokyo Swindlers’ ordered to pay ¥1 billion in damages
High-rise buildings in Tokyo. Through faking documents and passports a criminal group conspired to pose as the owner of a real-estate plot and buildings in Tokyo's Shinagawa Ward in 2017, defrauding Sekisui House of ¥5.5 billion.
Real estate worth ¥25 trillion puts Japan companies in spotlight
Elliott Investment Management's stake in Tokyo Gas is centered around getting the utility to sell off its real estate holdings, including Shinjuku Park Tower, which houses the Park Hyatt Hotel Tokyo.
Hiroshi Kurosaki looks beyond Japan for heart-wrenching drama
Hiroshi Kurosaki’s Netflix series “Beyond Goodbye” centers on a woman (Kasumi Arimura, left) who discovers her dead lover’s heart saved the life of a quiet pianist (Kentaro Sakaguchi).
Japan researchers develop a simple way to spot signs of Alzheimer's disease
In 2022, the number of elderly people with dementia in Japan reached 4.43 million, according to data from the health ministry.
‘What Divides Us’ producer honors grandfather’s Hiroshima reportage
“What Divides Us" producer Cannon Hersey says his grandfather, who wrote about the aftermath of nuclear destruction in Hiroshima, never spoke about what he had seen while working with Japanese minister Kiyoshi Tanimoto to preserve the stories of survivors.
DPP’s Tamaki leverages new position with energy proposal
DPP leader Yuichiro Tamaki in Tokyo on Tuesday
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat
By Greg Dvorak

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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