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The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
May 20, 2024

Japan’s 10-year bond yield hits decade high amid BOJ policy bets

The yield on 10-year government debt rose to a level last seen when the then newly appointed Bank of Japan Gov. Haruhiko Kuroda was starting his radical monetary easing.
At the factory of 4R Energy Corp. in Namie, Fukushima Prefecture, a lithium-ion electric vehicle battery is disassembled to be reused. Batteries and EVs are among the strategic industries governments around the world aim to support through their industrial policies.
COMMENTARY / Japan / Geoeconomic Briefing
May 20, 2024

Grasping industrial policy in the age of economic security

A new era of industrial policies is structured around three P's: promoting strategic industries, protecting emerging technologies and partnering with like-minded countries.
A scene following an Israeli strike on Bureij refugee camp in the central Gaza Strip on April 22. Israel has carpet-bombed Gaza, obliterating neighborhoods and targeting hospitals, mosques, schools and camps for displaced people, according to a U.N. report.
COMMENTARY / Japan
May 20, 2024

Impunity in Gaza is a threat to the international order

Israel's disregard for human rights and international law in Gaza, and the lack of consequences for such actions, are eroding the liberal international order that Japan relies on.
Language support groups in Fukushima Prefecture are calling for the creation of a better environment for foreign children to learn Japanese.
JAPAN / Society / Regional Voices: Fukushima
May 27, 2024

With more foreign children, Fukushima struggles with language support

A number of children attending schools in the prefecture in fiscal 2023 were unable to fully understand Japanese.
A Bank of Japan survey on firms nationwide showed that many of them do not expect to be able to hire enough workers if they keep wage growth low, and see an economy where wages and inflation rise in tandem as more favorable.
BUSINESS / Companies
May 20, 2024

Japan's manufacturers want BOJ to keep yen stable, survey shows

The survey on roughly 2,500 firms underscores the importance they place on yen moves in assessing the impact of monetary policy.
Rui Machida in action for Japan against France at the Tokyo Games in Saitama in August 2021
BASKETBALL
May 21, 2024

Japanese basketball star Rui Machida fights for Olympic spot

With many rivals jockeying for a spot on the 12-member roster, her selection is far from certain.
Passengers onboard a self-driving vehicle in Eiheiji, Fukui Prefecture, last year
BUSINESS / Economy
May 21, 2024

Japan targets 30% share in next-generation cars

The 30% target was included in a new strategy released by the ministries for software development for next-generation vehicles with advanced digital technologies.
Taiwanese President Lai Ching-te (left) and Vice President Hsiao Bi-khim wave to a crowd following his swearing-in at the Presidential Office in Taipei on Monday.
ASIA PACIFIC / Politics / ANALYSIS
May 21, 2024

As new Taiwan leader takes office, a fragile status quo and power struggle at home await

New Taiwanese President Lai Ching-te has pledged to build on the legacy of his predecessor.
The modernization of Japan's defense strategy is not just about military capabilities, it is also about building consensus and fostering public understanding.
COMMENTARY / Japan
May 21, 2024

The winding road to Japan's defense modernization

The government's efforts to engage the public on defense issues are crucial for building consensus and ensuring the sustainability of defense reforms.
Japan Times
BUSINESS
May 21, 2024

Carlyle raises $2.8 billion for largest Japan buyout fund

It’s the largest Japan-focused buyout fund ever raised, according to Carlyle, and about 70% bigger than the previous one it pulled together in 2021.
Japan swung to a trade deficit of ¥462.5 billion in April due to higher crude oil prices and a weak yen.
BUSINESS / Economy
May 22, 2024

Japan trade deficit shows weak yen is weighing on economy

The trade balance in April registered a ¥462.5 billion deficit, flipping from a ¥387 billion surplus.
Some strategists have predicted that Japan’s 10-year sovereign yield will rise to 2% by the end of 2026.
BUSINESS / Markets
May 22, 2024

Japan yields have room to rise after 1% reached on BOJ bets

The focus turns now to how quickly the supereasy monetary policy will be dialed back and how much further yields may rise.
PRESS
May 24, 2024

『The Japan Times Destination Restaurants: Authentic Japan Selection 2021-2024』

株式会社ジャパンタイムズキューブは、⽇本⼈が選ぶ、世界の⼈々 のための、⽇本のレストランリスト『The Japan Times Destination Restaurants: Authentic Japan Selection 2021-2024』を制作・出版し、株式会社ジャパンタイムズ出版より発売します。
PRESS
May 28, 2024

The Japan Times Destination Restaurantsが 今年の受賞レストランを発表

株式会社ジャパンタイムズは第4回 The Japan Times Destination Restaurants の受賞レストランを発表しました。
Japan's real wages in fiscal 2023 were down for the second straight year, as steady wage growth failed to keep pace with inflation.
BUSINESS / Economy
May 23, 2024

Japan's fiscal 2023 real wages show sharpest drop in nine years

Real wages were down for the second straight year, as steady wage growth failed to keep pace with inflation.
Jera’s Hekinan thermal power station in Hekinan, Aichi Prefecture
BUSINESS
May 24, 2024

Jera warns of switching investment from Australia over lack of support

The lack of financial support for production of hydrogen and ammonia took some of the shine off Australia as a destination for Japanese investment.
Aliou Diack’s “Anastomosis” paintings were created at Yoshino Cedar House, Space Un’s residency in Yoshino, Nara Prefecture.
CULTURE / Art
May 24, 2024

Contemporary Afro-Japanese shows broaden Tokyo's art scene

Three ongoing exhibitions showcasing work by Theaster Gates, Aliou Diack and Serge Mouangue highlight commonality between Japanese, African American and African aesthetics.
Japan's core inflation slowed for a second straight month in April due to milder food inflation.
BUSINESS / Economy
May 24, 2024

Japan’s inflation cools as BOJ waits for wage gains to kick in

Consumer prices excluding those for fresh food rose 2.2% year on year in April, matching analysts’ estimates and marking a 25th month of staying above the BOJ's 2% target.
Japan's Hanako Utsumi is tackled by Fiji's Adi vani Buleki during a women's rugby sevens quarterfinal match at the HSBC Rugby Sevens Singapore tournament in Singapore on May 4.
MORE SPORTS / Rugby
May 24, 2024

Women's rugby in Japan braces for a boom

The club game is getting stronger as teams move toward a more professionalized model.
Yasuke, a historical Black samurai, will star in the newly announced Assassin's Creed Shadows — a choice that has riled some critics online.
LIFE / Digital
May 25, 2024

Gaming's latest culture war targets Yasuke, Japan's Black samurai

For a vocal minority of gamers, a Black protagonist of a game set in feudal Japan was a call to war.
Japanese government bond yields have risen this month on hawkish hints from Bank of Japan officials, crossing 1% for the first time since April 2012.
BUSINESS / Markets
May 24, 2024

Japan's 10-year bond yield tops 1% for first time in a dozen years

The 10-year Japanese government bond yield inched up 0.5 basis point to 1.005%, its highest since April 2012.
Takashi Miike (front left) is among the big-name directors slated to work with K2 Pictures, a new film production startup that aims to disrupt the Japanese film industry.
CULTURE / Film / Wide Angle
May 25, 2024

Can K2's goal of creating a better film industry in Japan win over skeptics?

While established auteurs such as Takashi Miike, Miwa Nishikawa and Hirokazu Kore-eda are slated to work with the startup, it still faces an uphill struggle.
Masanori Katayama, chairman of the Japan Automobile Manufacturers Association, said the association will work with the Japan Auto Parts Industries Association to address the problem of subcontractor bullying.
BUSINESS / Companies
May 24, 2024

Japan’s automakers vow to stop squeezing their suppliers

Member companies of the Japan Automobile Manufacturers Association have agreed to treat subcontractors more fairly when the latter pass on cost increases.
Japan's top currency diplomat, Masato Kanda, poses for a photograph during an interview at the Finance Ministry in Tokyo in  January 2022.
BUSINESS / Economy
May 25, 2024

Japan issues fresh warning on yen drops and signals readiness to intervene

The finance minister also said he was in frequent contact with overseas counterparts, particularly in the U.S., on issues including financial markets.
Liberal Democratic Party lawmaker Takashi Yamashita answers questions at a meeting of a Lower House special political reform committee Friday.
JAPAN / Politics
May 25, 2024

LDP and CDP at odds over fate of fundraising parties

While the ruling party stressed the importance of maintaining the events, the main opposition party called for an outright ban.
Tokyo Gov. Yuriko Koike attends a news conference at the Foreign Correspondents' Club of Japan in Tokyo in November 2020.
JAPAN / Politics
May 25, 2024

Tokyo Gov. Yuriko Koike plans to seek third term

Koike, who was reelected in 2020 as an independent, could make an announcement as early as Wednesday, sources close to the matter said.
Secretary-General Toshimitsu Mogi speaks during an event in Utsunomiya, Tochigi.
JAPAN / Politics
May 25, 2024

LDP considers requiring records on policy activity funds

The LDP is considering a plan to require political funds reports to record when so-called policy activity funds are used.
Self-Defense Forces soldiers walk past a Patriot Advanced Capability-3 (PAC-3) missile unit at the Defense Ministry in Tokyo in October 2017.
JAPAN / ANALYSIS
May 26, 2024

Evolving drone and missile threats prompting Tokyo to rethink air defense

The low cost of mass-producing tools for modern warfare is pushing the Defense Ministry to find ways to upgrade detection, tracking and interception capabilities.
A 2-megawatt solar farm in the city of Fukushima. “Megasolar” refers to farms with a minimum output of 1 MW of electricity — enough to power around 300 homes for a year.
ENVIRONMENT / Energy / OUR PLANET
May 26, 2024

‘Megasolar’ is a dirty word in Japan. Where do solar projects go from here?

Vocal campaigns are pushing back against projects as dangerous eyesores, but "dual-use" approaches and community engagement may offer a solution.
Bank of Japan Gov. Kazuo Ueda (center), Bank of Italy Gov. Fabio Panetta (left) and Italy's Minister of Economy and Finance Giancarlo Giorgetti at the Group of Seven finance chiefs and central bankers' meeting in Stresa on Friday.
BUSINESS / Economy
May 26, 2024

Bank of Japan refrains from warning against yield rise to 12-year high

The BOJ ended eight years of negative interest rates and other remnants of its radical monetary stimulus in March.

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