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November 24, 2024
 

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Visitors view a BYD Dolphin EV car at the 44th Bangkok International Motor Show in Bangkok in 2023.
BUSINESS / Companies
Mar 25, 2024

Chinese EV makers to take center stage at Bangkok motor show

The popularity of Chinese EVs in Thailand underscores the growing challenge Japanese auto giants face in a vehicle market they have long dominated.
California’s share of U.S. wine production, around 90% in the 1990s and 2000s, dropped below 80% for the first time on record in 2022.
COMMENTARY / World
Mar 27, 2024

Who will save the U.S. wine industry? Not California boomers.

California’s share of U.S. wine production, around 90% in the 1990s and 2000s, dropped below 80% for the first time on record in 2022.
Cans of Asahi Super Dry beer move on the production line inside an Asahi Breweries plant in Moriya, Ibaraki Prefecture, in April 2023.
BUSINESS / Companies
Apr 1, 2024

With U.S. push, Asahi aims to sate evolving tastes

The drink-maker is placing its “premium” offerings and low-alcohol and nonalcoholic beverages front and center in a bid to differentiate itself.
The assembly line at the Volkswagen factory in Zwickau, Germany, on March 14. The factory stopped producing gasoline-powered Golfs and switched to electric vehicles, illuminating the risks and opportunities for factory towns and cities.
BUSINESS / Tech
Apr 11, 2024

What happened when a German car factory went all electric?

The city of Zwickau, where more than 10,000 people work for Volkswagen and tens of thousands more for suppliers, seems to have avoided dire consequences.
One of the main hurdles to more widespread adoption of electric vehicles in Europe cited by industry experts is the difficulty in rolling out necessary infrastructure quickly and broadly.
BUSINESS / Companies
Apr 12, 2024

Bumpy ride for electric cars in Europe

Sales of plug-in "zero emission" vehicles have stalled in the region in recent months.
Nissan's net profit nearly doubled in the business year that ended in March, as demand rose at home as well as in North America, Europe and China.
BUSINESS / Companies
May 9, 2024

Nissan's annual net profit nearly doubles on-year

Net profit totaled ¥426.6 billion ($2.7 billion), up 92.3% on-year.
SoftBank Group CEO Masayoshi Son in 2019. Son is said to be selling off assets from the Vision Fund’s portfolio as he prepares for possible forays into AI and related hardware.
BUSINESS / Companies
May 10, 2024

SoftBank's Vision Fund lightens asset load as Son pivots to AI and chips

Son has moved on to new obsessions, inspired in part by the success of Arm — which has soared in value to around $106 billion since its market debut.
A tofu business summit is held in Nagoya in October.
JAPAN / Society
May 15, 2024

Tofu shops in Japan at crossroads amid rising costs

The number of tofu producers has been declining at an annual rate of 400 to 500 in recent years
Strong sales of Prius hybrids are delivering a cash boost for Toyota to invest in fully-electric cars.
BUSINESS / Companies
May 16, 2024

Hybrids delivering cash chest for Toyota and Honda’s EV ambitions

With the shift to battery-electric vehicles clearly taking much longer than anticipated, consumers are voting for hybrids with their wallets.
In addition to the supply shortages, the yen's depreciation is also blamed for the recent surge in orange juice prices in Japan, which relies almost entirely on imported orange juice.
BUSINESS / Companies
Jun 2, 2024

Orange juice crisis hits consumers in Japan

Supply shortages have forced many Japanese makers to suspend sales of orange juice products.
Bidet toilets are the norm in Japan, where more than 80% of homes have one. But their numbers are growing worldwide.
BUSINESS / Companies
Jun 2, 2024

Feeling flush: Japan's high-tech toilets go global

Sales are surging abroad and especially in the United States, led by A-list bidet fans such as Drake, the Kardashians and Alexandria Ocasio-Cortez.
Kenji Iikura (right), head chef at Akasaka Tantei, and manager Hibiki Kitazawa pose with Okinawan cuisine served at the restaurant in Tokyo.
JAPAN / Society / Regional Voices: Okinawa
Jun 17, 2024

How a Michelin-star Okinawan restaurant made a V-shaped recovery

A return to its roots — and Okinawan flavors — struck a chord with new and returning customers.
Chipmaker Nvidia’s stellar growth to become the world’s most valuable company masks growing skepticism about AI’s usefulness as a general purpose tool.
COMMENTARY / World
Jun 25, 2024

Nvidia’s explosive growth masks AI disillusionment

Businesses shouldn't believe tech companies' pitch that AI can solve all problems, everywhere, all at once. Figuring out its niche applications is the recipe for success.
Green tea has the largest share of Japan's soft drink market.
LIFE / Food & Drink
Jul 7, 2024

Major Japanese beverage-makers renewing green tea products

Green tea has the largest share of Japan's soft drink market.
Renesas Electronics CEO Hidetoshi Shibata
BUSINESS / Companies
Jul 3, 2024

Ex-banker behind chipmaker Renesas targets $100 billion value

Renesas’ push coincides with an aggressive campaign by Japan to turn the world’s fourth-largest economy into a chip powerhouse.
Shoppers inside the Nike House of Innovation store on Fifth Avenue in New York on Friday
BUSINESS / Companies
Jul 3, 2024

Nike plots $100 sneaker line as shares plunge in worst-ever drop

Nike shares slumped, ending the day down 19.98%, the biggest one-day percentage drop in the stock's history.
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
BUSINESS / Economy
Jul 15, 2024

China’s economic growth comes in worse than expected

Underwhelming data for the second quarter puts pressure on Chinese leader Xi Jinping to lift confidence at this week's twice-a-decade policy meeting.
An employee checks on items at a Komehyo store in Nagoya.
BUSINESS / Companies
Jul 16, 2024

Thrift store operator Komehyo pushing to expand business overseas

The company hopes to become the world's top retailer of secondhand luxury brand items by tripling its overseas sales in four years.
Nikon President Muneaki Tokunari in Tokyo on Wednesday
BUSINESS / Companies
Jul 17, 2024

Nikon fields ‘remarkable’ demand for older chip tools in China

Nikon is making a strong marketing push in China with its new argon-fluoride lithography machines, released earlier this year.
Sanyo Shokai sells custom-ordered T-shirts from Spanish clothing brand Ecoalf using digital printing technology.
BUSINESS / Companies
Jul 18, 2024

Digital printing of clothes drawing attention in Japan

The process allows for small-quantity production and caters to customers' tastes more precisely.
Nissan initially had an early-mover advantage when it launched the Leaf in 2010, the first electric vehicle by a major global manufacturer, but the company recently has been unable to leverage its EV edge.
BUSINESS / Companies
Jul 26, 2024

Nissan's global production cuts imperil CEO’s recovery plan

Nissan’s disappointing results only add to the challenges facing CEO Makoto Uchida.
Used cars are sold at high prices at a dealership in Nagoya as a surge in export demand has reduced supply on the domestic market.
BUSINESS / Companies / Regional voices: Chubu
Sep 2, 2024

Japanese businesses grapple with exchange rate swings

For the used car sector, the weaker yen has resulted in buyers being forced to pay higher prices due to increased export demand.
Shoppers outside an office building in Beijing in August. China's overall public spending — which includes local governments — is shrinking, not growing. It contracted about 2% in the first seven months of 2024.
BUSINESS / Economy
Sep 12, 2024

China’s attempt to boost demand is stifled by wall of austerity

While finance chiefs in Beijing are testing new ways to boost the economy by encouraging demand, their counterparts in the provinces are in full belt-tightening mode.
Toshiki Kawai, chief executive officer of Tokyo Electron
BUSINESS / Companies
Sep 27, 2024

Tokyo Electron prepares for India expansion as Modi lures chipmakers

India is amping up efforts to attract international electronics companies and chipmakers to set up facilities within its borders.
Volkswagen expects to deliver fewer vehicles this year than in 2023 — its fourth annual sales slump in five years.
BUSINESS / Companies
Sep 30, 2024

Volkswagen’s second profit warning exposes a carmaker in decline

The company expects to deliver fewer vehicles this year than in 2023.
JR Tokai officials send off the Nozomi No. 1 bullet train bound for Hakata, Fukuoka Prefecture, at Tokyo Station on Tuesday as the Tokaido Shinkansen marked the 60th anniversary of its services the same day.
JAPAN
Oct 1, 2024

Tokaido Shinkansen marks 60th anniversary

A commemorative ceremony was held by Central Japan Railway at Tokyo Station to send off the first train of the day.
Seven & I Holdings essentially unveiled a plan to split in two.
BUSINESS / Companies
Oct 11, 2024

Seven & I to split in two to fend off Couche-Tard takeover bid

The big question is if the move will be enough to win over any investors warming to Couche-Tard’s approach.
ASML shares slumped 16% on Tuesday after third-quarter figures were mistakenly released earlier than scheduled.
BUSINESS / Companies
Oct 16, 2024

ASML shares plunge as bookings miss signals chipmaker woes

Its 16% tumble — the biggest decline since 1998 — also triggered a broad downturn in chip-related stocks.
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
BUSINESS / Companies
Nov 5, 2024

Toyota to post first profit drop in 2 years as demand cools after big run

Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
Toyota posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run.
BUSINESS / Companies
Nov 6, 2024

Toyota keeps profit outlook despite weakness in Japan and China

The carmaker showed signs of recovery from domestic scandals in Japan and major recalls in the United States.
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

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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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