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November 24, 2024
 

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JAPANESE

Thirty years after his death, Ayrton Senna remains a revered figure among motorsports fans in Japan.
MORE SPORTS / Auto Racing
May 1, 2024
30 years on, Japan's bond with Senna remains strong
During the driver's peak, Formula One grew to a point where the sport brought a second race to Japan in 1994.
A forest road in Nasu, Tochigi Prefecture, near the site where the burned bodies of a Tokyo couple were found last month
JAPAN / Crime & Legal
May 1, 2024
Two more suspects arrested over burned bodies found in Tochigi
Police suspect the two men, both 20, were involved in the torching of the bodies of a Tokyo businessman and his wife.
The root cause of yen weakness lies in the U.S., not Japan, with the currency falling to its weakest since around 1990.
COMMENTARY / Japan
May 1, 2024
Japan should leave its currency bazooka at home
The root cause of yen weakness lies in the U.S., not Japan. That makes the latter's options very limited.
An analysis of the Bank of Japan's accounts suggests an intervention of about ¥5.5 trillion took place on Monday to prop up the yen.
BUSINESS / Markets
May 1, 2024
BOJ accounts suggest Japan intervened to support yen
The Bank of Japan said its current account will probably fall ¥7.56 trillion — much bigger than the drop of about ¥2.1 trillion estimated.
The trial hearing of Masumi Hayashi, who denied killing four people and poisoning 63 at a festival by lacing a pot of curry with arsenic, was the focus of The Japan Times’ front page of May 14, 1999.
JAPAN / History / Japan Times Gone By
May 1, 2024
Japan Times 1999: Hayashi admits fraud, denies curry murders
The disturbing case of the Wakayama curry killer would continue for years, resulting in the eventual execution of the woman convicted of the crime.
Kirin Beverage will raise the suggested retail price of its 1.5-liter Gogo no Kocha tea product to ¥432 from ¥400.
JAPAN
Apr 30, 2024
Prices of 417 food items to go up in Japan in May
Although the figure fell for the fifth straight month, the rate of price increase averaged 31%, the highest since the monthly statistics began in 2022.
Japan's industrial production rose 3.8% in March from February, as demand picked up after two straight months of declines.
BUSINESS / Economy
Apr 30, 2024
Japan’s factory output records weakest quarter since pandemic
The yen’s plunge to a fresh 34-year low versus the dollar could spur a resurgence of cost-push inflation via higher costs for imports of food and energy.
Hikaru Sasaki enters the Metropolitan Police Department's Osaki police station in Tokyo's Shinagawa Ward on Monday after being arrested over suspected involvement in the torching of the two bodies found in Nasu, Tochigi Prefecture, earlier this month.
JAPAN / Crime & Legal
Apr 30, 2024
Another possible suspect emerges in case of torched Tochigi bodies
Police are investigating whether another figure gave orders to the man to dispose of the bodies.
Japan's government debt has grown to the equivalent of more than 250% of the nation’s economy, more than any of its peers.
BUSINESS / Economy
Apr 30, 2024
Japan’s debt dilemma may doom any FX intervention, Brooks says
The consequences have been a sharply weaker yen, which has lost more than a quarter of its value against the U.S. dollar since March 2022.
Japanese fashion designer Yumi Katsura (center) greets guests during the finale of the 2015 Yumi Katsura Grand Collection in Tokyo. Katsura has died at the age of 94.
LIFE / Style & Design
Apr 30, 2024
Yumi Katsura, a pioneer of Japan’s bridal fashion, dies at 94
Katsura developed a unique style combining Japan’s traditional techniques with French motifs throughout a career spanning over half a century.
Customers look at chocolate bars at Cacao Store, a specialist chocolate store, in Tokyo. Japan is a large market for high-value confectionery and it sources about 75% of its cocoa imports from Ghana.
BUSINESS / Markets
Apr 30, 2024
Chocoholics in Japan set for sticker shock after cocoa price surge
Crop declines in top suppliers Ivory Coast and Ghana leave buyers struggling for beans and prices more than doubling since the start of the year.
Japan's vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview at the Finance Ministry in Tokyo in January 2022.
BUSINESS / Markets
Apr 30, 2024
Japan forex authorities ready '24 hours,' top currency diplomat Kanda says
Masato Kanda again declined to comment on whether the Finance Ministry had intervened to prop up the yen a day earlier.
The processing plant and warehouse of Minamidani Yoshie Shoten in Wajima, Ishikawa Prefecture, are seen damaged due to cracks on the ground left behind by the New Year's Day earthquake.
JAPAN / Society
Apr 29, 2024
Wajima market's youngest stallholder taps crowdfunding to preserve heritage
A woman is looking to revive her family's fish sauce business and preserve the culinary heritage of her hometown in the wake of the Noto Peninsula quake.
Hikaru Sasaki enters the Metropolitan Police Department's Osaki police station in Tokyo's Shinagawa Ward on Monday after being arrested on suspicion of disposing of two bodies found in Nasu, Tochigi Prefecture, earlier this month.
JAPAN / Crime & Legal
Apr 29, 2024
Man, 28, arrested in Okinawa over burned bodies found in Tochigi
The man is an acquaintance of the construction worker who earlier turned himself to the police over his possible involvement in the case.
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
BUSINESS / Markets
Apr 29, 2024
Yen rebounds strongly after first slide past ¥160 since 1990
Japan's top currency official declined to comment on Monday, when asked if authorities in Tokyo had intervened in the currency market to prop up the yen.
The skyline of central Mumbai's financial district
JAPAN
Apr 28, 2024
India seen overtaking Japan in nominal GDP in 2025
Japan's economy is expected to fall to the fifth largest in the world. In February, GDP data showed that Japan was overtaken by Germany in 2023.
The combined market capitalization of shares listed on the Tokyo Stock Exchange's Prime section stood at roughly ¥970 trillion at the end of last month.
BUSINESS
Apr 28, 2024
TSE Prime's market cap nears ¥1 quadrillion two years after shake-up
The total market capitalization of the new top tier has grown some 40% while the number of companies fell 10%.
A bouquet of flowers and incense is seen Friday at the site where the bodies of Ryutaro Takarajima, and his wife, Sachiko, were dumped in Nasu, Tochigi Prefecture.
JAPAN / Crime & Legal
Apr 28, 2024
Suspect claims he received over ¥10 million for dumping bodies in Tochigi
Investigators remain cautious, however, since a large sum of money has not been found in the suspect's home or bank account.
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
JAPAN / Society / FOCUS
Apr 27, 2024
In Japan, regional revitalization fails to halt population decline
Efforts to revitalize rural areas through various incentives has yielded limited results as people continue to gravitate toward urban centers.
A monitor shows the yen's sharp decline to ¥158 to the dollar on Saturday morning in Tokyo.
BUSINESS / Markets
Apr 27, 2024
Yen drops beyond ¥157 per dollar as BOJ keeps key rate unchanged
Japan’s currency weakened as much as 1.4% on the day and touched a session low of ¥157.79 per dollar in afternoon trading in New York.
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

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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