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March 28, 2025
 

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MANUFACTURING

An official from the Japan Council of Metalworkers' Unions writes on a board the results of this year's shuntō annual spring labor negotiations in March in Tokyo.
BUSINESS / Economy
Dec 3, 2024
JCM to demand pay-scale hike of ¥12,000 or more in 2025
The organization is aiming to ensure wage increases exceed the rate of inflation.
U.S. President-elect Donald Trump says he will "block" a planned takeover of U.S. Steel by Nippon Steel.
BUSINESS / Companies
Dec 3, 2024
Trump says will 'block' Nippon Steel from taking over U.S. Steel
Days after the U.S. election last month, Nippon Steel said it expected to close its takeover of the company before the end of the year.
Funai Electric Chairperson Yoshiaki Harada holds a news conference in Tokyo's Chuo Ward on Monday.
BUSINESS / Companies
Dec 3, 2024
Funai's chairman files for its court-led rehabilitation
The court decision came after one of the company's directors filed a "quasi-voluntary bankruptcy" petition in late October.
Sharp's plant in Sakai, Osaka Prefecture, that has ceased production of large liquid crystal display panels for television, a symbolic end to the company's signature business.
BUSINESS / Companies
Dec 1, 2024
Sharp marks end of era with halt to large LCD panel production
Now owned by a Taiwanese investor, Sharp has also scaled back production of small and medium-sized LCD panels used in smartphones and personal computers.
The industry ministry plans to provide aid of up to ¥70.5 billion to auto parts maker Denso and Fuji Electric for the joint production of power semiconductors.
BUSINESS / Companies
Nov 29, 2024
Denso and Fuji Electric to get government aid for power chips
Although Japanese companies have a large share of the global power semiconductor market, production volume per maker is smaller compared with European and U.S. peers.
Prime Minister Shigeru Ishiba's direct approach appears to mark a shift in the Japanese government's stance on the deal.
JAPAN / Politics
Nov 26, 2024
Ishiba urges Biden to approve Nippon-U.S. Steel deal, sources say
The prime minister sent a letter asking the U.S. president to avoid marring recent efforts to strengthen ties between the two countries.
Four House Republicans wrote to Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo on Friday, saying that recent developments related to the Committee on Foreign Investment in the United States (CFIUS) "have called into question the integrity of its decision-making process,” and demanding the preservation of records related to a potential sale of U.S. Steel to Japan's Nippon Steel.
BUSINESS / Companies
Nov 26, 2024
U.S. Steel review targeted by Republicans for potential probe
GOP lawmakers are calling on U.S. President Joe Biden’s administration to preserve documents related to the proposed sale to Japan's Nippon Steel.
Fujikura's headquarters in Tokyo's Koto Ward. The company's share price has surged by more than 400% this year.
BUSINESS / Companies
Nov 25, 2024
AI boom makes 139-year-old cable maker Japan’s hottest stock
Fujikura, which makes narrow wire cabling, is the best performer on the Nikkei stock index this year due to a boom in demand for data centers.
Nippon Steel has accused critics of the U.S. Steel deal of making inaccurate comments about the transaction.
BUSINESS / Companies
Nov 19, 2024
Nippon Steel claims union 'misinformation' in battle for U.S. Steel
Vice Chairman Takahiro Mori has reiterated commitments made by Nippon Steel, which include maintaining U.S. Steel’s blast furnace operations.
Leaders of over 70 universities and research institutions from Japan and India attended a forum in New Delhi in mid-October.
JAPAN
Nov 19, 2024
Japan's public and private sectors seek workers from India
The number of technical trainees and what are known as specified skilled workers coming from India to Japan has been on the rise in recent years.
A poster in the Tamil language advertises smartphone assembly roles outside a shop in Sriperumbudur, near Chennai, in India, on Oct. 28.
BUSINESS / Companies
Nov 18, 2024
Foxconn tells India recruiters: Nix marital status in iPhone job ads
The move follows an investigation published June 25 that found Foxconn excluded married women from jobs at its main India iPhone assembly plant.
Core machinery orders dropped 0.7% in September month-on-month, confounding economists' median estimates for a 1.9% rise and down for the second straight month.
BUSINESS / Economy
Nov 18, 2024
Japan's machinery orders see unexpected fall in September
The orders dropped 0.7% in September month-on-month, confounding economists' median estimates for a 1.9% rise.
Donald Trump remains mum on the deal just as a top Nippon Steel executive readies a trip to Pittsburgh to persuade rank-and-file union members and politicians to support the $14.1 billion acquisition of the iconic American company.
BUSINESS / Companies
Nov 16, 2024
Trump promised to kill U.S. Steel deal. Now what?
The president-elect remains mum on the deal just as a top Nippon Steel executive readies a trip to Pittsburgh to rally support for the sale.
Nippon Steel Vice President Takahiro Mori is set to visit United States next week to meet with union members in a bid to move forward a U.S. Steel takeover deal.
BUSINESS / Companies
Nov 14, 2024
Nippon Steel’s vice president to meet steelworkers in Pittsburgh next week
The move shows the Japanese company is making a push to persuade union members that its bid to take over U.S. Steel will be good for workers.
Nippon Steel Chairman and CEO Eiji Hashimoto told a local weekly that a lawsuit is possible if the company's proposed buyout of U.S. Steel gets blocked without proper procedures being followed.
BUSINESS / Companies
Nov 13, 2024
Nippon Steel does not rule out lawsuit if U.S. Steel deal nixed, CEO says
If the deal falls through without a legitimate reason or proper procedures, the Japanese steelmaker would consider suing the U.S. government, CEO Eiji Hashimoto says.
U.S. Steel's Clairton Coke Works facility in Clairton, Pennsylvania
BUSINESS / Companies
Nov 8, 2024
Nippon Steel seeks to close U.S. Steel deal before Trump is president
Before the Nov. 5 election, which handed him victory, Donald Trump promised to block the deal if reelected.
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.
The European Commission's executive vice president, Valdis Dombrovskis, and Chinese Vice Premier He Lifeng finish a joint news conference following the 10th China-EU High-Level Economic and Trade Dialogue in Beijing in September 2023.
COMMENTARY / World
Nov 6, 2024
It's not just U.S. trade hawks. Europe fears China, too.
As China’s economic policies take hold, Europe's economic concerns may be just beginning.
Seiji Izumisawa, the CEO of Mitsubishi Heavy Industries, said at a briefing that while currency fluctuations and inflation make the future unpredictable, strong order intakes are encouraging.
BUSINESS / Companies
Nov 5, 2024
Mitsubishi Heavy net income falls, but orders still solid
Shares in the company fell 2.5% Tuesday after it reported that net income for the June-September period failed to meet analysts’ average estimate.
Workers at a garment factory in Gazipur, Bangladesh, on April 16, 2023
BUSINESS / Tech
Nov 5, 2024
AI supports fashion's climate goals, but workers may be left behind
In Bangladesh, about 60% of apparel workers, or 2.7 million people, risk losing their jobs due to automation.
Yellow sand blankets cities across Japan
The Meteorological Agency forecast the yellow sand to move away from eastern Honshu by 6 p.m. on Wednesday. But it will continue to cover parts of western Honshu and Shikoku until Thursday morning, it said.
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
JR's 'futuristic' Takanawa Gateway complex set to open in Tokyo
The Gateway Park at Takanawa Gateway City on Tuesday
In the wake of several scandals, Fuji TV ‘emperor’ Hieda steps down
Hisashi Hieda, a 41-year veteran of Fuji TV’s board of directors and dubbed the broadcaster’s “emperor,” has stepped down.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Tokyo Series proves to be big business for MLB — and Japanese companies
An advertisement featuring Shohei Ohtani in Tokyo.
New SDF command will be key for contingency planning, Australian commander says
A Maritime Self-Defense Force SH-60K "Super Auk" from JS Shiranui prepares to land on HMAS Brisbane during Exercise Malabar 2023 while off the coast of New South Wales, Australia.
Japanese wages likely to rise more than 5% again this year
Wages are set for another big increase this year as annual negotiations secure generous agreements.

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