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November 30, 2024
 

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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.
Constitutional Democratic Party of Japan Secretary-General Katsuya Okada speaks to reporters on Saturday in the city of Aomori.
JAPAN / Politics
May 26, 2024

Constitutional Democratic Party executives cancel fundraiser parties amid criticism

The CDP submitted a bill to the Lower House that would ban lawmakers from having fundraiser parties starting January 2026.
Yasutomo Suzuki (second from right) celebrates in the city of Shizuoka on Sunday after being elected governor of Shizuoka Prefecture.
JAPAN / Politics
May 27, 2024

Opposition-backed Yasutomo Suzuki wins Shizuoka gubernatorial vote

Suzuki’s victory could pave the way for restarting the maglev train line project that had been delayed due to opposition from his predecessor.
Renho, who will run as an independent candidate in the Tokyo gubernatorial election, speaks during a news conference in the capital on Monday.
JAPAN / Politics
May 27, 2024

Renho to run in Tokyo gubernatorial election

The 56-year-old lawmaker from the Constitutional Democratic Party of Japan will face incumbent Gov. Yuriko Koike if the latter runs as well.
The Kabuto One commercial facility in Tokyo's Kabutocho district features a life-size golden figure of Eiichi Shibusawa, who is known as the father of Japanese capitalism.
JAPAN / Society
May 27, 2024

Mystery-solving event puts spotlight on renewal of Tokyo's Kabutocho

A mystery-solving event in Tokyo's Kabutocho district featuring Eiichi Shibusawa, known as the father of Japanese capitalism, is gaining in popularity.
Hakone in Kanagawa Prefecture will host one of three ryokan Hyatt is set to launch with Kyoto-based developer Kiraku in 2026.
BUSINESS / Companies
Jun 2, 2024

Hyatt doubles down on Japan with line of luxury ryokan

The first three locations are scheduled to start opening in 2026 in Kanagawa, Oita and Kagoshima prefectures.
North Korean leader Kim Jong Un attends a meeting of the country's Politburo at an undisclosed location on Friday.
ASIA PACIFIC
May 28, 2024

North Korea says its latest satellite launch exploded in flight

North Korea said its attempt to launch a new military reconnaissance satellite ended in failure on Monday when a newly developed rocket engine exploded in flight.
People gather to promote the same-sex marriage in Nagoya in May last year.
JAPAN / Society
May 28, 2024

Japanese city recognizes same-sex couple in rare step

Japan is the only Group of Seven nation that does not recognize same-sex unions, and local media said the move was unprecedented.
A worker installs a barrier to block the sight of Japan's Mount Fuji emerging from behind a convenience store to deter badly behaved tourists, in the town of Fujikawaguchiko, Yamanashi Prefecture on May 21.
JAPAN
May 28, 2024

Holes poked in Mount Fuji barrier near convenience store, town says

Although a security guard is there between 10 a.m. and 4 p.m., the small holes appear to have been created in the morning or evening when no one was watching.
The office of former Lower House lawmaker Mito Kakizawa in Tokyo's Koto Ward
JAPAN / Crime & Legal
May 28, 2024

Ex-lawmaker's former secretary fined for election law violation

Shu Goto, a former secretary of former Lower House lawmaker Mito Kakizawa, was fined over cash offers made to Koto Ward assembly members during a mayoral election last year.
The health ministry says it will conduct its first survey on how much foreign residents are paying in health insurance and pension premiums.
JAPAN / Society
May 28, 2024

Health ministry to collect data on insurance premium payments by foreign residents

The ministry currently has no data on how much foreign nationals are paying in terms of health insurance payments and pension premiums.
Foreign private credit funds are focusing on Japanese investors as they move more money into higher-paying assets.
BUSINESS / Companies
May 29, 2024

Private credit chases Japan’s trillions as inflation spurs shift

Private credit funds are betting that inflation will prompt investors to channel more money into riskier overseas investments.
With the recent focus on the yen and individual investing, the phrase "Mrs. Watanabe" — one of the most common pieces of jargon in Japanese financial circles — has seen a resurgence.
COMMENTARY / Japan
May 29, 2024

My search for the original 'Mrs. Watanabe'

Yen retail traders are back in the spotlight. But where did the phrase for the archetypal Japanese housewife investor come from?
An LDP panel's proposal on fiscal policy underscores how a weak yen and an exit from ultra-low interest rates are piling pressure on Japan to rein in its huge public debt.
BUSINESS
May 30, 2024

Japan must restore fiscal discipline to protect yen's value, LDP panel says

The views of the panel of Liberal Democratic Party lawmakers are shared by the powerful Finance Ministry, who oversees the state budget.
Trade no longer generates a surplus in Japan, reflecting a surge in the cost of energy imports and an increase in offshore production.
BUSINESS / Economy
May 30, 2024

Yen's relentless slide revives Japan's interest in structural reforms

The currency's persistent weakness has alerted policymakers to more fundamental drivers behind it, such as the nation's dwindling global competitiveness.
Magnetic paper train tickets have been in use in Japan since the late 1960s.
BUSINESS / Companies
May 30, 2024

Eastern Japan rail operators to introduce QR code tickets by March 2027

JR East and seven other railway operators will replace their decades-old magnetic ticketing system to improve efficiency and sustainability.
Ever since the Bank of Japan ended its negative rate policy, calls for the government to strengthen its fiscal discipline have been growing, with the country being haunted by public debt that is about twice the size of its gross domestic product.
BUSINESS / Economy / FOCUS
May 30, 2024

Two cheers for the end of free money in Japan

Corporations are better prepared for more expensive money than they were in the past, with strong balance sheets and a better understanding of risk.
A worker installs a barrier to block the sight of Mount Fuji in the town of Fujikawaguchiko, Yamanashi Prefecture, on May 21.
JAPAN
May 30, 2024

Town to replace Mount Fuji barrier after holes found: local media

The barrier was put up last week in a popular viewing spot in the town of Fujikawaguchiko.
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

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