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April 06, 2025
 

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JAPANESE ECONOMY

The weighted average of wage hikes demanded by 2,939 member unions of the Japanese Trade Union Confederation, or Rengo, in this year's shuntō labor-management negotiations came to 6.09%, a Rengo survey showed Thursday.
BUSINESS
Mar 6, 2025
Japan pay hike demands top 6% for first time in 32 years
It is the first time in 32 years for the average wage hike request to exceed 6%, amid the soaring cost of living and labor shortages.
Rengo says its member unions have demanded an average wage increase of 6.09% this year, up from last year’s 5.85%.
BUSINESS / Economy
Mar 6, 2025
Japan’s biggest union group demands highest wage hike since 1993
Member unions of the Japanese Trade Union Confederation are seeking an average wage increase of 6.09% this year, up from last year’s 5.85%.
The yield on Japan’s 10-year note climbed 7 basis points to 1.5%, the highest since 2009.
BUSINESS / Economy
Mar 6, 2025
German bond rout goes global as yields surge in Japan
The yield on Japan’s 10-year note climbed 7 basis points to 1.5%, the highest since 2009.
Bank of Japan Deputy Gov. Shinichi Uchida
BUSINESS / Economy
Mar 5, 2025
BOJ’s deputy chief hints at more rate hikes, without rushing
The remarks come as BOJ watchers look for hints that the next upward move could come earlier than the view that projects the move will come in the summer.
Takeover bids in Japan are expected to reach a record this year amid growing pressure on companies to boost shareholder returns.
BUSINESS / Markets
Mar 4, 2025
Japan small-cap fund tops rivals with stocks few analysts cover
The NicheJungle Japanese Orphan Companies SDG Fund has exited positions in 20 companies at a profit, with half of these firms taken over since the fund's 2022 launch.
To achieve a stable supply chain and propel semiconductor innovation, Japan's government and chipmakers are increasingly building bridges with foreign firms.
COMMENTARY / Japan / Geoeconomic Briefing
Mar 3, 2025
Japan is no island when it comes to semiconductors. Rightly so.
To achieve a stable supply chain and propel semiconductor innovation, Japan's government and chipmakers are increasingly building bridges with foreign firms.
Kumamon, the official mascot of Kumamoto Prefecture, poses in front of a sign of Japan Advanced Semiconductor Manufacturing, a subsidiary of Taiwan Semiconductor Manufacturing Co., at TSMC's then new factory in Kikuyo, Kumamoto Prefecture, in February 2024.
COMMENTARY / Japan / Geoeconomic Briefing
Mar 3, 2025
In chip renaissance, Japan is learning from past mistakes
In the 1980s, Japan dominated semiconductor production. Fast-forward to today and the country is trying to recapture its past glory, this time with a more outward-looking strategy.
An electronic sign displays the benchmark Nikkei stock average on a street in Tokyo. The stock average has been range-bound between about 38,000 and 40,000 since hitting a new all-time high in July last year.
BUSINESS / Economy / FOCUS
Mar 3, 2025
Japanese stocks stalled at 1989 levels as investors weigh tariffs and rates
The 225-issue Nikkei stock average has been range-bound between about 38,000 and 40,000 since hitting a new all-time high in July 2024.
The higher cost of food is forcing Japanese consumers to scrimp and bargain hunt as their purchasing power drops.
BUSINESS / Economy
Mar 3, 2025
Japan’s consumers hunt for bargains as food inflation bites
The prices of staples such as rice, eggs and cabbage have all surged in the past 12 months.
Pedestrians commute through Shibuya Station in central Tokyo, an area that is almost never devoid of people.
JAPAN / Society / Longform
Mar 3, 2025
As the rest of Japan shrinks, Tokyo grows
Women and young people are leading a migratory wave that the government is struggling to halt.
Bank of Japan Gov. Kazuo Ueda speaks to the press in October in Tokyo. Ueda told parliament on Feb. 12 that the central bank is aware that food price increases are negatively affecting households.
BUSINESS / Economy
Feb 28, 2025
Odds of early rate rise increase as inflation becomes the fight in Japan
Hawkish signals sent by Bank of Japan officials over the past month or so point to such a possibility.
Prices of more than 2,300 food items, such as frozen food products, are expected to be raised in March.
BUSINESS
Feb 28, 2025
Prices of over 2,300 food items to be raised in Japan in March
The monthly figure is on course to top 2,000 for the first time since October 2024, and the cumulative number in 2025 will exceed 10,000.
An electronic board in Tokyo shows the 225-issue Nikkei average dropping over 1,000 points on Friday morning.
BUSINESS / Markets
Feb 28, 2025
Asian chip shares tumble on Nvidia earnings and tariff fears
A Bloomberg gauge of 25 Japanese chip-related stocks sank as much as 4.5%, the biggest intraday fall since September.
Consumer prices excluding fresh food in the capital rose 2.2% in February from a year earlier, the internal affairs ministry said Friday.
BUSINESS / Economy
Feb 28, 2025
Tokyo inflation slows slightly more than expected on subsidy impact
Consumer prices excluding fresh food in the capital rose 2.2% in February from a year earlier, according to the internal affairs ministry.
Japanese nominal wages rose at the fastest pace in nearly three decades according to data out this month, and GDP figures showed Japan’s economy outperformed forecasts.
BUSINESS / Economy
Feb 27, 2025
Yen traders raise focus on Japanese data as economy shifts gears
The news marks a mindset change since the Bank of Japan ended its negative-rates policy last March.
The government will oblige some companies, particularly those in high-emitting industries including steelmaking, to participate in an emissions trading system to be introduced in fiscal 2026.
ENVIRONMENT / Sustainability
Feb 26, 2025
Japan adopts bill obliging firms' participation in emissions trading
Companies that emit at least 100,000 metric tons of carbon dioxide a year will be required to participate in the country's carbon emissions trading system.
While Osaka’s 2025 World Expo may strengthen Japan’s global ties through diplomatic engagements, its success will depend on fostering long-term innovation, economic cooperation and international collaboration beyond visitor numbers.
COMMENTARY / Japan
Feb 25, 2025
Will Expo 2025 in Osaka be a success?
Osaka has hosted the Expo twice before, in 1970 and 1990, with the 1970 affair in particular occupying a special place in many local residents’ hearts.
Prices of fresh vegetables in January climbed 36% year on year, with prices of cabbage shooting up about three times.
BUSINESS
Feb 25, 2025
Vegetable prices continue surging in Japan
Prices of vegetables and rice have been soaring in Japan due to unfavorable weather and rising production costs.
A liquefied natural gas plant operated by Sakhalin Energy is seen at Prigorodnoye on the Pacific island of Sakhalin, Russia, in July 2021.
BUSINESS / Economy
Feb 24, 2025
Three years into Ukraine war, Japan struggles to ensure steady LNG supply
Fierce global competition for liquefied natural gas has led to spikes in electricity and gas bills, which heavily weigh on the finances of Japanese households.
Many Japanese companies like Toto have quietly shifted from consumer-facing products like toilets to specialized, high-value industries such as semiconductor materials, proving that Japan's innovation remains strong despite its lower global visibility.
COMMENTARY / Japan
Feb 21, 2025
Japan’s toilet jokes are on you. Innovation is flourishing.
One of the most surprising stories in corporate Japan in recent months has been the emergence of semiconductor materials as a significant profit driver at Toto.
3D printer used to construct train station building in Japan
A train station building (front) is assembled from parts printed using 3D printer technology, in Arida, Wakayama Prefecture, on Wednesday.
Nissan says it will not take new U.S. orders for Mexican-built Infiniti SUVs
A Nissan manufacturing complex in Aguascalientes, Mexico. Nissan says it will not take new orders from the United States for two Mexican-built Infiniti SUVs following new auto tariffs levied by the U.S.
Japan digs deep to address 'national crisis' caused by Trump tariffs
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office on April 1. He has said that Japan is facing a "national crisis" following the introduction of new tariffs by the United States.
Tokyo’s KK Line to close for decadelong overhaul as public greenway
People enjoy running and yoga on Tokyo Expressway’s KK Line, a 2-kilometer elevated expressway cutting through the capital’s commercial Ginza district, when it was opened as a pedestrian space in May last year.
Japan promises 'bold and speedy' response to Trump’s surprise 24% tariffs
U.S. President Donald Trump unveils new U.S. tariffs at the White House in Washington on Wednesday.
Tottori takes a bold leap forward in the arts
The city of Kurayoshi in Tottori Prefecture celebrated the opening of its public art museum with festivities such as a parade that drew 1,000 revelers.
Haruki Murakami TV adaptation revisits 30 years of watershed moments
Though Haruki Murakami's trademark whiff of offbeat existentialism is threaded throughout NHK's "After the Quake," the final episode — conceived as a sequel to the story "Super-Frog Saves Tokyo" — is the most stylized, featuring an anthropomorphic talking frog (voiced by Non) and his erstwhile associate Katagiri (Koichi Sato).
Nintendo to launch the Switch 2 on June 5
The controllers for the Switch 2 will attach to the console magnetically rather than sliding on rails as with the original device.
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

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