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November 24, 2024
 

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Nissan sees its operating income plunging to just ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
BUSINESS / Companies
Nov 7, 2024

Nissan cuts outlook and announces restructuring with 9,000 job cuts

The firm sees its operating income plunging to ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
Security personnel guard the BYD booth at the Auto Shanghai show in April 2023.
BUSINESS / Companies
Aug 29, 2023

China's leading electric carmaker BYD triples half-year profit

This month the company became the first global manufacturer to pass the 5 million milestone in electric vehicle production.
An Apple store in the Huangpu district in Shanghai
BUSINESS / Tech
Sep 8, 2023

Apple grapples with turmoil in China days before iPhone 15 launch

The bans may just be part of a longstanding trend.
The Capcom booth at the Tokyo Game Show in Chiba last week
BUSINESS / Companies
Sep 25, 2023

Capcom sets sights on India's growing game market

Capcom targets selling more than 100 million copies of games a year.
U.S. President Joe Biden at an event in Tempe, Arizona, on Thursday
WORLD / Politics
Sep 29, 2023

Biden said he would stop drilling. Then reality hit.

The tug of war over one drilling lease in the Gulf of Mexico involving the president, Congress and the courts illustrates the limits of executive power.
Visitors walk down the main shopping street of Nanjing East Road, one of Shanghai's main commercial and tourist areas, on Sept. 30.
BUSINESS / Economy
Oct 17, 2023

China data likely to show fragile economy in need of support

Data due Wednesday will likely show gross domestic product expanded 4.5% in the July-to-September period from a year earlier.
When COVID-19 first emerged, companies across the health care industry raced to reconfigure themselves. That transformation is now unraveling.
BUSINESS / Companies
Oct 18, 2023

Life after COVID turns rocky for reshaped health care businesses

When the coronavirus first emerged, companies across the health care industry raced to reconfigure themselves. That transformation is now unraveling.
Group net profit at Tokyo Disney Resort operator Oriental Land doubled to a record ¥54.5 billion in the April-September period, boosted by the popularity of events marking Tokyo Disneyland's 40th anniversary and a steady rebound in foreign visitors.
BUSINESS / Companies
Nov 10, 2023

Many Japanese firms log higher April-September net profits

The normalization of economic activity from the COVID-19 crisis and the depreciation of the yen have boosted earnings.
Members of a freelancers group opposing Japan's new invoice system hand documents requesting its abolition to Finance Ministry officials in Tokyo on Nov. 13.
BUSINESS
Nov 22, 2023

Manga artists and taxi drivers hit as tax frustrations mount

About 4.6 million businesses that were previously exempt from paying sales tax have been impacted by a new invoice system.
Toyota posted record October global sales and production on strong demand for its cars in North America and Europe.
BUSINESS / Companies
Nov 29, 2023

Toyota's October global output hits record despite supplier issue

The world's largest automaker by sales said it produced 900,285 vehicles worldwide, up 16.7% from the same period a year earlier.
The Toshihiro Nikai-led LDP faction has been accused of insufficient reporting of its political funds.
JAPAN / Politics
Dec 3, 2023

Second LDP faction suspected of breaching political fund law

The allegation came after a similar practice at the faction previously led by the former Prime Minister Shinzo Abe came to light recently.
Dodgers owner Mark Walter puts a jersey on Shohei Ohtani during the superstar's introductory news conference on Thursday. The structure of Ohtani's contract could help the Dodgers get a full return on their investment in the two-way player.
BASEBALL / MLB
Dec 15, 2023

For the Dodgers, Ohtani's megadeal could end up being a bargain

The Dodgers have the makings of a juggernaut, and success on the field will allow the franchise to cash in on Ohtani’s transcendent marketability.
The Dodgers officially introduced two-way superstar Shohei Ohtani during a news conference on Thursday.
EDITORIALS
Dec 15, 2023

Another extraordinary milestone for Shohei Ohtani

Dodgers secure baseball phenom Shohei Ohtani with record-breaking $700 million contract.
Warriors guard Stephen Curry drives to the basket during a game against the Wizards on Tuesday.
BASKETBALL / NBA
Feb 28, 2024

Stephen Curry is battling the clock to win over sneaker fans

Curry, 35, is still a commanding presence in the NBA, but he has work to do when it comes to winning over "sneakerheads."
Yayoi Kusama during a media preview of her exhibition at the David Zwirner gallery in New York in November 2013.
CULTURE / Art
Apr 11, 2024

Yayoi Kusama was the world’s top-selling artist last year

Sales from Kusama’s auctioned works totaled $80.9 million in 2023, moving her up from the second-highest selling artist in 2022.
People ride past a JD.com advertisement promoting a Singles Day shopping festival in Beijing in 2023.
BUSINESS / Companies
May 13, 2024

China's e-commerce giants face a delicate balance

Chinese consumers are seeking discounts and lower-cost shopping following the pandemic.
Toyota President Koji Sato announces the company's earnings results in Tokyo on May 8.
BUSINESS / Companies
May 17, 2024

Japan firms brace for earnings slumps after marking record profits

Companies are concerned over the weak yen, global conflict and inflation hitting personal spending.
China’s real estate sector has fundamentally changed in that existing home sales will become the norm, as is the case with developed countries.
COMMENTARY / World
May 19, 2024

China’s housing mess finally comes for Xi’s own

China’s real estate sector has fundamentally changed, in that existing home sales will be the norm, as is the case with developed countries.
A Starbucks coffee shop in Beijing on May 22
BUSINESS
May 27, 2024

In China, Starbucks tries to avoid price war but gets dragged into discounting

A coffee price war in China has arisen amid persistent deflation, weak consumer sentiment, and stagnant wages.
Kawasaki's Yasuto Wakizaka (center) scores a goal during a game against Urawa last month. In the J. League's current season format, player performances tend to decline as Japan's scorching summer sets in.
SOCCER / J. League
Jun 16, 2024

Why the J. League chose to shift its calendar starting in 2026

Over the past 30 years, the environment for Japanese soccer has evolved significantly and the J. League hopes the schedule shift will grow the game.
Nvidia made a big bet on graphics chips and the vision of its co-founder and Chief Executive Officer Jensen Huang that the industry would shift to what he calls "accelerated computing.” That bet paid off.
BUSINESS / Companies
Jun 19, 2024

Nvidia’s 591,078% rally to most valuable stock came in waves

First, it was video game consoles, and then came data centers, autonomous vehicles and cryptocurrency. Today, its chips are powering artificial intelligence.
Adidas CEO Bjorn Gulden at Adi-Dassler-Sportplatz in Herzogenaurach, Germany, on June 10.
BUSINESS / Companies
Jun 25, 2024

Adidas CEO rides Samba craze to revive brand after Ye debacle

Adidas' stocks have more than doubled from when Bjorn Gulden was announced as the new boss 18 months ago.
Chinese EV-maker Nio’s Onvo L60 SUV is unveiled in Shanghai in May. As an EV powerhouse, China should share the fruits of its success with the rest of the world.
COMMENTARY / World
Jul 3, 2024

Easy solutions to EU-China tariff dispute

The EU should see the futility of tariffs on Chinese EVs, and China should not retaliate but instead share the fruits of its success in building up its auto sector.
Circulators on display at a Bic Camera store in Tokyo's Ikebukuro district on June 26
JAPAN / Society
Jul 5, 2024

Japan companies beat drum for heat-beating goods

Sales of air conditioners, fans, and circulators are rising with the mercury, as high electricity prices make energy-saving products increasingly popular.
Traditional boat parties on the Sumida River in Tokyo are popular for informal gatherings among professionals that deal in Japanese government bonds.
BUSINESS / Markets
Jul 9, 2024

Tokyo’s exclusive circle of government bond traders in demand amid policy shift

The world’s top hedge funds are shaking up the closed community that was, for a time, a sleepy backwater of global finance.
Attendees inspect a Lamborghini Revuelto high performance electrified vehicle on the opening day of the Geneva International Motor Show Qatar 2023, in Doha on Oct. 6, 2023.
BUSINESS / Tech
Jul 22, 2024

In the world of luxury cars, hybrids are the sexiest new thing

Engineers insist the technology is as much about getting more performance out of existing combustion engines as it is about going green.
Customers stand in line outside a Louis Vuitton store in Tokyo's Ginza district on July 19.
BUSINESS / Companies
Aug 2, 2024

Luxury brands count cost as shoppers from overseas enjoy weak yen discount

Goods sold in Japan by global luxury brands, ranging from designer sneakers to whisky, now tend to be cheaper in dollar terms than elsewhere.
The entrance gate of the SEG electronics market in Shenzhen, China, on June 27.
WORLD / Politics
Aug 5, 2024

With smugglers and front companies, China is skirting U.S. AI bans

The U.S. worries advanced semiconductors could help China develop superior weaponry, launch cyberattacks and make faster decisions on the battlefield.
Former Kobayashi Pharmaceutical President Akihiro Kobayashi, currently director in charge of compensation, speaks during a news conference in Osaka earlier this month.
BUSINESS / Companies
Aug 14, 2024

Chinese shoppers’ infatuation with Japanese brands wears thin

The backlash is reminiscent of last year’s outcry over the Fukushima wastewater release
The refrain from linking the ruble's fall to the events unfolding just 530 kilometers southwest of Moscow illustrates a push within Russia to prevent bad economic news from reaching the wider public.
BUSINESS / Economy
Aug 16, 2024

Silence reigns in Russia over linking ruble fall to Ukrainian attack

The ruble touched a 10-month low against the dollar and the lowest level against the yuan since June 24 in the Aug. 13 session.
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.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
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.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
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.
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

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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