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April 21, 2025
 

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CORPORATE GOVERNANCE

Hisashi Hieda, a 41-year veteran of Fuji TV’s board of directors and dubbed the broadcaster’s “emperor,” has stepped down.
BUSINESS / Companies
Mar 27, 2025
In the wake of several scandals, Fuji TV ‘emperor’ Hieda steps down
Hieda, a 41-year veteran of Fuji TV’s board of directors, also plans to step down as chairman of the Fujisankei Communications Group, of which the broadcaster's parent is a part.
Hino Motors pleaded guilty on Wednesday over a multiyear emissions fraud scheme in the United States and must pay $1.6 billion in penalties.
BUSINESS / Companies
Mar 20, 2025
Toyota's Hino pleads guilty to U.S. emissions fraud and is fined $1.6 billion
Hino admitted that between 2010 and 2019, it used "illicit short-cuts" and submitted false applications for engine certification approvals.
Mitsubishi UFJ Financial Group has walked away from the banking industry’s largest climate alliance.
BUSINESS / Companies
Mar 20, 2025
MUFG leaves climate group as Japanese banks join Wall Street exits
MUFG follows Tokyo-based rivals Nomura Holdings and Sumitomo Mitsui Financial Group in leaving the Net-Zero Banking Alliance.
Alex Miller, CEO of Alimentation Couche-Tard, speaks during a news conference in Tokyo last week.
BUSINESS / Companies
Mar 20, 2025
Couche-Tard seeks to reassure investors on Seven & I approach
The parent company of the Circle K chain has been pursuing Seven & I for months, bidding almost $50 billion for it, but has been rebuffed.
The Japanese postal mark displayed on a Japan Post post box in Tokyo
JAPAN
Mar 18, 2025
Number of Japan Post clients affected by misuse of information rises to 10 million
"We deeply apologize for causing anxiety and worry," Japan Post Holdings Managing Executive Officer Miho Ichiki told a news conference.
The administration of U.S. President Donald Trump's attack on DEI is making waves at international companies in Europe, Asia and beyond — but quietly, many businesses are standing firm on diversity initiatives.
BUSINESS / Companies / FOCUS
Mar 18, 2025
Trump has companies in Europe and Asia walking a DEI tightrope
Outside of the United States, many businesses are quietly standing firm on diversity initiatives.
Idled blast furnaces at U.S. Steel's Granite City Works in Granite City, Illinois, in July 2017
BUSINESS / Companies
Mar 15, 2025
U.S. Steel activist investor boosts holding in turnaround push
The move comes as hope for the deal that drew massive attention during the 2024 American presidential election has shown little progress.
Dentsu's headquarters in Tokyo
BUSINESS
Mar 14, 2025
Watchdog finds Dentsu and other Japanese firms reluctant to accept price hikes
Dentsu, Nippon Express and Kohnan Shoji have kept their transaction prices with their partners unchanged without consultation despite rising raw materials costs.
The Nikkei stock average on the Tokyo Stock Exchange on Tuesday. Many firms on the TSE have price-to-book ratios of less than 1, lowering the perceived quality of the exchange, which should consider taking steps to increase valuations and trading volume.
COMMENTARY / Japan
Mar 14, 2025
Tokyo Stock Exchange must weed out underperforming firms
Tokyo wants to become Asia's top financial hub, but faces big obstacles. Among them, the presence of too many companies with low profitability and growth prospects.
Alimentation Couche-Tard founder and executive chairman Alain Bouchard (left) and President Alex Miller hold a news conference in Tokyo on Thursday.
BUSINESS / Companies
Mar 13, 2025
Alimentation Couche-Tard ramps up campaign to take over Seven & I
The Canadian convenience store giant and owner of Circle-K has sought to combat skepticism surrounding the deal, most recently with a news conference in Tokyo.
Nomura Holdings is withdrawing from the Net-Zero Banking Alliance.
BUSINESS / Companies
Mar 13, 2025
Nomura exits bank climate group, joining Wall Street exodus
Nomura said it will stick to its target set four years ago, to deploy $125 billion of sustainable financing through March 2026.
Makoto Uchida, CEO of Nissan, will step down from the post at the end of this month.
BUSINESS / Companies
Mar 11, 2025
Nissan CEO Makoto Uchida to step down
Current Chief Planning Officer Ivan Espinosa will be assuming the role starting in April in a bid to turn around the struggling Yokohama-based automaker.
Seven & I Holdings says it has agreed to jointly explore store sell-offs with Alimentation Couche-Tard to address antitrust concerns ahead of a potential merger.
BUSINESS / Companies
Mar 10, 2025
Shareholder pushes Seven & I to engage with Couche-Tard
The operator of 7-Eleven stores says that it is doing so, and has rebuffed Artisan Partners Asset Management’s assertions of conflicts of interest within the board.
Seven & I named Stephen Hayes Dacus as its first foreign chief executive on Thursday.
BUSINESS / Companies
Mar 6, 2025
Seven & I announces measures to fend off Couche-Tard takeover
The announcements are the latest twist in a saga that began last year when Seven & I rebuffed a takeover offer from Canada's Alimentation Couche-Tard.
Seth Fischer, chief investment officer of Oasis Management, speaks during an interview in Tokyo on Tuesday.
BUSINESS
Mar 6, 2025
Oasis says investors back its proposed board changes at Kao
Oasis, which holds a 5.2% stake in Kao, has presented five candidates to become outside directors of the company.
Toyota’s announcement to hand out perks to its shareholders comes as some Japanese firms begin reintroducing perks to attract retail investors.
BUSINESS / Companies
Mar 4, 2025
Toyota to hand out shareholder perks to entice retail investors
Some Japanese firms have begun reintroducing perks to attract retail investors, a practice that has drawn criticism from some global funds.
Seven & I has spent months fending off Couche-Tard’s takeover bid with complex maneuvers, but instead of chasing defensive strategies, it should focus on strengthening its core convenience-store business, which still has untapped potential.
COMMENTARY / Japan
Mar 4, 2025
7-Eleven’s time-wasting isn’t so convenient
Retail is a fast-moving industry — and months spent fending off Couche-Tard means less focus on strategy.
Seven & I Holdings CEO Ryuichi Isaka is stepping down from his position, the Nikkei newspaper has reported.
BUSINESS / Companies
Mar 3, 2025
7-Eleven owner to appoint first foreign CEO, report says
The owner's plan to take the company private to avoid being taken over by Couche-Tard collapsed last week, piling pressure on it to reconsider the $47 billion takeover proposal.
Bic Camera paid ¥557 million less than originally agreed to 51 contract makers of its private-label products including home appliances between July 2023 and August 2024, according to the Fair Trade Commission.
BUSINESS
Mar 2, 2025
Japan FTC urges Bic Camera to pay subcontractors in full
Bic Camera is believed to have begun underpaying subcontractors in 2020, when it began selling items under its own name.
The rapid collapse of the plan to take Seven & I private reflects how personal egos and domestic competitiveness ultimately outweighed the nationalistic desire to fend off Canada’s Alimentation Couche-Tard, whose pursuit of the Japanese retailer emerged last August.
BUSINESS / Companies
Mar 2, 2025
Seven & I and Nissan deal fallout leaves Japan companies vulnerable
The collapse of the deals means the companies are potentially even more vulnerable to foreign takeovers.
Japan tariff negotiator rules out quick U.S. deal despite push by Trump
Ryosei Akazawa, Japan's top tariff negotiator with the U.S., speaks to reporters upon his arrival at Tokyo's Haneda Airport on Friday, a day after talks in Washington.
Magnitude 5.0 earthquake jolts Nagano
A map showing the location of an earthquake that hit Nagano Prefecture on Friday evening, with the numbers indicating the seismic intensity on the shindo scale to 7.
Japan mulls reviewing car safety rules to strike deal with Trump
Ryosei Akazawa, Japan's Economic Revitalization Minister and top tariff negotiator with the U.S., speaks to the press upon his arrival at Haneda Airport in Tokyo on Friday.
Shohei Ohtani announces birth of daughter
Shohei Ohtani and his wife Mamiko Tanaka attend a Lakers game in Los Angeles on Dec. 8, 2024.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Nothing sells like Shohei Ohtani, MLB’s marketing megastar
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
Tokyo stock picker advises Trump-proofing portfolios with Godzilla creator Toho
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
LDP and CDP lawmaker groups propose 0% consumption tax on food
A vegetable stand displays prices at a supermarket in Tokyo in 2023. Some lawmakers are proposing lowering the consumption tax on food to 0%, which is expected to result in a loss of up to ¥5 trillion in tax revenue annually.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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