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November 24, 2024
 

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Masae Yamanaka joins colleagues from Panasonic Connect to take part in the Tokyo Rainbow Pride parade in April.
BUSINESS / WOMEN AT WORK
Aug 3, 2023

How one woman's career in sales flourished across four companies

As she rose through sales in various companies, Masae Yamanaka stuck to her mother’s teachings: keep working, commit to actions.
A Mazda MX-30 at a dealership in the city of Hiroshima. The MX-30 is the only electric vehicle model Mazda currently sells in Japan.
BUSINESS / Companies / Regional Voices: Hiroshima
Aug 28, 2023

Mazda accelerates EV shift in China, reshaping ties with suppliers

Mazda’s sales in China in the year from April 2022 halved from the previous year to 84,000 units due to a thin lineup of EVs.
The entrance lobby of Accor's Mercure Tokyo Hibiya, which recently opened in the capital
BUSINESS / Companies
Jan 2, 2024

Backed by tourism potential, hotels keen to cultivate Japanese market

Because Japan was slow to reopen its borders, there appears to be robust, pent-up demand to visit the country.
A consumer market in New Delhi on Dec. 12, 2023. Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
BUSINESS / Economy
Jan 2, 2024

India is chasing China’s economy. Something is holding it back.

While money is flying into India’s stock markets, long-term investment from overseas has been declining.
Tanaka takes part in a signing ceremony for the Japan-Uruguay Investment Agreement with Uruguay's Acting Minister of Foreign Affairs Luis Porto in 2015.
BUSINESS / WOMEN AT WORK
Jan 23, 2024

Why positivity is an asset in a career of PR and diplomacy

Keiko Tanaka went from an office at Nissan to the ambassador's residence in Uruguay.
Japan's service sector activity expanded in February, thanks to continued strong demand for inbound tourism.
BUSINESS / Economy
Mar 5, 2024

Japan's service activity grows on firm tourism

Inbound tourism is an important part of Japan's economy, with annual visitor spending exceeding ¥5 trillion for the first time last year.
Shintaro Tajima (left) and his son, Daisuke, pose in their forest in Hita, Oita Prefecture, in January. At their feet is wasabi growing in clusters.
BUSINESS / Companies / Regional Voices: Kyushu
Mar 18, 2024

Oita forestry firm signs carbon trade deal with Line operator

LY, which operates Line and Yahoo services, will purchase 1,500 tons of carbon credit per year from Tajima Forest for 10 years.
Geert Wilders, leader of the Dutch Freedom Party (PVV), speaks at an election night party in The Hague, Netherlands, on Nov. 22, 2023. The resounding victory of far-right ideologue illustrates the shift in public opinion in the Netherlands since 2022.
BUSINESS / Companies
Mar 27, 2024

Populism is scaring away big businesses in the Netherlands

Among the various firms uneasy with the current state of affairs in the Netherlands, tech companies are the most influential.
Hiroshima Kanon Senior High School in the city of Hiroshima opened a cafeteria serving authentic Italian cuisine in December last year after Hoyu, which had been entrusted with cafeteria operations, went bankrupt in September.
JAPAN / Society
Apr 10, 2024

Business stability screenings urged for school lunch operators

The directive followed the abrupt suspension of meal services at schools across the country by Hoyu, a cooking service company.
Average age of Japanese chief executives increased for 33 consecutive years to 60.5 last year.
BUSINESS
Apr 14, 2024

Japan biz leaders' average age rises for 33rd straight year

As of December last year, the average age of company leaders stood at 60.5 years old. In 1990, the average age was 54.
In Japan, there’s a huge gap between how companies value their real estate assets on their books against what those same properties would fetch if sold in the market.
BUSINESS / Companies
Apr 16, 2024

Hidden billions in Tokyo real estate lure activist hedge funds

Billions in value can be unlocked by pressuring companies to sell off holdings, a tactic that activist funds are now employing.
Ticket vending machines at a Tokyo Metro subway station. Tokyo Metro's network connects with nine of the 10 busiest stations in the capital.
BUSINESS / Companies
Oct 22, 2024

Tokyo Metro might be too much railroad for some investors

With over 80% of its operating profit coming from carrying passengers on trains, critics are concerned about its nonrailway business.
Seven & I Holdings' 46% stake in Seven Bank could raise around ¥30 billion by the end of the current fiscal year in February.
BUSINESS / Companies
Nov 6, 2024

Seven & I is said to plan reducing stake in banking unit to 38%

The retailer’s 46% stake in Seven Bank could raise around ¥30 billion by the end of the current fiscal year in February.
SoftBank CEO Masayoshi Son speaks at the SoftBank World 2023 corporate conference in Tokyo on Oct. 4.
BUSINESS / Tech
Dec 31, 2023

Will generative AI speed up Japan's digital transformation?

An initially cautious attitude has given way to wider acceptance in the public and private sectors, providing a boost to digitalization efforts.
A wafer is pictured at Semicon Taiwan in Taipei
BUSINESS / Companies
Dec 30, 2023

This startup shows it won't be easy to contain China's chip industry

The story of Seida illustrates the challenges the West faces in thwarting Chinese development of advanced microchip technology.
People walk past the Trump Building after a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York state for three years, in New York City on Friday.
WORLD / Politics
Feb 17, 2024

Trump keeps New York empire intact as judge rescinds asset-sale order

Former U.S. President Donald Trump was banned from doing business in New York for three years and ordered to pay $354 million for lying about his wealth.
A liquefied natural gas processing facility at the Sakhalin 2 project in Sakhalin, Russia. Japan has kept stakes in some energy projects in Russia as a matter of energy security.
BUSINESS
Feb 21, 2024

Japanese companies maintain suspended operations in Russia: survey

Japan has kept stakes in some energy projects as a matter of energy security.
Citigroup is betting that Japan’s bond market revival will gather steam after the Bank of Japan's rate hike.
BUSINESS / Markets
Apr 4, 2024

Citigroup sees ‘exciting market’ for Japan bonds after BOJ move

"Normalization has started, so we foresee a lot of activity going forward”
A worker at Sakai Seisakusyo prepares to transport metal rods at its factory in Kakamigahara, Gifu Prefecture, on July 8.
BUSINESS / Companies / FOCUS
Jul 16, 2024

Japan finds a 'stealth' cure for zombie businesses: Let them fail

The shift in thinking is a clear departure for a country that has typically sought to avoid bankruptcies and protect existing jobs at the cost of productivity.
The student lounge in the senior school building at the GEMS World Academy in Dubai
BUSINESS / Economy
Sep 16, 2024

Expats paying $33,000 school fees fuel rise of Dubai billionaire

Founded by Indian-born Sunny Varkey, GEMS Education caters to every price point, starting at as little as $3,900 a year.
For years, Seven & I has faced calls from investors to focus more on its convenience-store business.
BUSINESS
Oct 3, 2024

7-Eleven owner seeking to sell off part of stake in banking unit

The sale of part of its stake in Seven Bank would intend to show Seven & I Holdings is willing to focus more on its core 7-Eleven business.
Nomura Holdings Chief Executive Officer Kentaro Okuda
BUSINESS
Aug 2, 2023

Nomura shares tumble most in two years after profit miss

The stock dropped as much as 8.5% on Wednesday morning, the biggest daily decline since March 2021.
Umbrellas are displayed at Komiya Shoten, a company that has made handcrafted umbrellas for rain or shine for nearly a century, in Higashi-Nihombashi, Tokyo, on Aug. 3.
BUSINESS
Sep 21, 2023

Heat brings hope for handmade umbrella-maker in Tokyo

One of Tokyo's last handmade umbrella shops has weathered many storms and is now thriving, thanks to booming demand for parasols.
With the aim of bolstering its customer base, SBI Holdings introduced a commission-free service starting Saturday amid growing interest in investing thanks to government efforts to persuade people to shift household assets from cash and savings to investments.
BUSINESS / Markets
Oct 2, 2023

Zero-commission services intensify brokerage competition in Japan

SBI Holding's decision to scrap commission fees for domestic stock trading threatens to undercut the brokerage industry's profitability.
A Matsumotokiyoshi drugstore in Tokyo. Matsumotokiyoshi Holdings and Cocokara Fine integrated their operations in 2021.
BUSINESS / Companies / FOCUS
Oct 10, 2023

Japanese drugstores under pressure for realignment

One analyst has described realignment in the drugstore sector as "a natural course of development."
Executives were scrambling for seats for dinner with Xi or to be put on a waiting list, according to people familiar with the situation.
BUSINESS / Companies
Nov 15, 2023

Elon Musk among cadre of CEOs hoping to woo China’s Xi

CEO summit on the sidelines of APEC will coincide with the most challenging trade climate in a generation.
Sogo & Seibu labor union members strike in front of the flagship Seibu Ikebukuro store in Tokyo's Toshima Ward on Aug. 31.
BUSINESS / Companies
Dec 6, 2023

After troubled sale, prospects for Sogo & Seibu uncertain

Department store operator must develop a new template for survival under the management of an investment fund.
Sundar Pichai, Google's chief executive (right), arrives to testify at an antitrust case against Google in Washington on Oct. 30. A trio of antitrust cases on the docket threaten to reshape Google’s business and sap its profits.
BUSINESS / Companies
Dec 13, 2023

Google’s antitrust loss to Epic could preview its legal fate in 2024

The San Francisco case was the first test of how Google might fare in the antitrust gauntlet it faces in the United States — and the company was routed.
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.
Buildings in the business district in Singapore. The city state hosted regional headquarters for 4,200 multinational firms in 2023.
BUSINESS / Companies
Feb 22, 2024

Even China’s giants are picking Singapore over Hong Kong

The city state hosted regional headquarters for 4,200 multinational firms in 2023.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
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

The celebrated artist ‘updating’ the kimono
The celebrated artist ‘updating’ the kimono

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