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METI

Japan wants renewable energy to account for around 40% to 50% of its electricity mix by fiscal year 2040 with nuclear power taking up another 20%, according to a new energy plan released Tuesday.
BUSINESS / Economy
Dec 17, 2024
Japan aims to expand nuclear power in break from Fukushima era
The nation set out a proposed new energy strategy which urges both nuclear and renewables to be utilized to maintain growth and help curb emissions.
The Kashiwazaki-Kariwa nuclear power plant in Niigata Prefecture. A government cost estimate shows that nuclear power is likely to be the cheapest baseload electricity source in Japan in 2040.
BUSINESS / Economy
Dec 16, 2024
Japan sees nuclear as cheapest baseload power source in 2040
A previous study published in 2021 saw LNG-fired power plants as the cheapest power source in 2030.
A liquefied natural gas plant operated by Sakhalin Energy in Sakhalin, Russia. Japan, the world's second biggest LNG buyer, depends on Russia for 9% of its LNG.
BUSINESS / Companies / ANALYSIS
Dec 12, 2024
Rival supplies and depleting fields give Japan an exit from Russian gas
Japan, the world's second-biggest liquefied natural gas buyer, depends on Russia for 9% of its LNG.
The government is preparing to set Japan’s new Nationally Determined Contribution, an emissions reduction commitment made by members of the United Nations climate framework's Paris Agreement.
ENVIRONMENT / Climate change / OUR PLANET
Dec 10, 2024
As Japan nears new climate goal, criticism of policy process ramps up
Critics say the process is not intended to facilitate genuine debate, and that those who support the energy status quo are overrepresented on policy panels.
Prime Minister Shigeru Ishiba arrives to deliver a policy address during a Lower House session in Tokyo on Friday.
BUSINESS / Tech
Nov 29, 2024
Japan earmarks extra ¥1.5 trillion for chips and AI this year
Japan is fighting to keep up in a global spending spree on cutting-edge tech led by China and the U.S.
A thermal power plant in Takasago, Hyogo Prefecture. Policymakers suggest setting a target of cutting emissions by 60% by 2035.
JAPAN
Nov 26, 2024
Japanese panel suggests 60% emissions reduction target for 2035
Japan already has a goal to reduce 2013-level emissions by 46% by 2030.
A Toshiba film-based perovskite photovoltaic module on display at the Toshiba Energy Systems & Solutions booth at Smart Grid Expo in Tokyo on Feb. 28
JAPAN / Science & Health
Nov 26, 2024
Japan considers promoting the use of perovskite solar cells for energy
The plan is part of work to expand the use of renewable energy sources by supporting the introduction of next-generation technologies.
Masahide Endo, chief consultant at Daiwa Institute of Research noted that Alimentation Couche-Tard's bid for Seven & I Holdings had spawned a sense of crisis in other industries over sudden takeover proposals.
BUSINESS / Economy
Nov 18, 2024
Japanese companies increasingly targeted in foreign M&A bids
The total value of inbound acquisitions from overseas is up about 3.7 times year on year.
Japan will urge automakers to make all new passenger cars biofuel-compatible by the early 2030s, with an action plan from the industry ministry expected next summer.
BUSINESS / Economy
Nov 12, 2024
Japan to aim for all new cars to be biofuel-compatible in 2030s
The ministry will adopt an action plan around next summer and also plans to support the necessary renovation of gas stations.
Solar panels installed along the coastline of Minamisoma, Fukushima Prefecture. Due to the relative ease of starting solar power generation, mega solar power plants have been installed rapidly across the country.
JAPAN
Nov 11, 2024
Japan to mandate solar panel recycling when lifespan ends
The number of panels reaching the end of their lifespans is projected to start rising sharply in the mid-2030s.
Equinor's bid underscores the focus some wind players are putting on Japan even as they scale back elsewhere.
BUSINESS / Companies
Oct 22, 2024
Norway's Equinor tries again for a Japan offshore wind lease, sources say
A latecomer to offshore wind, Japan wants to build up to 45 gigawatts of capacity by 2040, which would make it a top-five offshore wind market.
The industry ministry plans to set up a liaison committee of officials from relevant government agencies to discuss support measures for brick-and-mortar bookstores.
BUSINESS
Oct 6, 2024
Ministry reports issues facing bookstores
The ministry will set up by year-end a liaison committee of officials from relevant government agencies to fully launch discussions on support measures for bookstores.
Newly appointed industry minister Yoji Muto says there is no change to a government plan to safely restart nuclear power plants.
JAPAN
Oct 3, 2024
Japan to keep nuclear and boost renewables, new industry minister says
Yoji Muto says securing energy will be "the most important part of Japan's growth."
The government is considering financial support for liquefied natural gas operators to secure storage tanks in Japan and abroad.
ENVIRONMENT / Energy
Sep 12, 2024
Japan considers company support measures for long-term LNG contracts
Possible measures included financial support for securing storage tank and a new program to assist LNG buyers committing to long-term contracts.
A mock-up of Toyota's next-generation Li-ion batteries for battery electric vehicles
BUSINESS / Companies
Sep 6, 2024
Japan to provide new subsidies for domestic EV battery output
Handing out more subsidies will help expand the country's production capacity for storage batteries by around 50%.
The government-affiliated National Institute of Advanced Industrial Science and Technology will establish a domestic research and development base and plans to receive technical cooperation from Intel.
BUSINESS / Tech
Sep 4, 2024
Japan research body AIST to create chipmaking R&D base
It will be the first Japanese research institute to introduce extreme ultraviolet lithography equipment, crucial for making chips' circuit line widths narrower.
Tetsuro Higashi, the chairman of Rapidus, at the company's headquarters in Tokyo in February 2023
BUSINESS
Aug 31, 2024
Japanese government considering investment in Rapidus
The government apparently hopes the move will help spur private-sector investments in and loans to Rapidus by increasing the company's credibility.
Launched in 2012 in collaboration with the Tokyo Stock Exchange, the Nadeshiko Brand recognition aims to spotlight companies that not only prioritize gender diversity but also maintain solid financial performance.
BUSINESS / Companies
Aug 26, 2024
METI to expand Nadeshiko Brand criteria for women-friendly listed firms
Companies that offer support for women’s health in a bid to foster corporate awareness and encourage long-term career development for women will be eligible.
Masanobu Sakamoto (left), head of the National Federation of Fisheries Cooperative Associations, meets with industry minister Ken Saito (right) in Tokyo on Friday.
JAPAN / Society
Aug 23, 2024
Head of fishery group expresses industry's concern over import bans
Such bans by other countries in response to the release of treated water from the Fukushima nuclear plant leave the sector uncertain about its future, he says.
A worker at Sakai Seisakusyo prepares to transport metal rods at its factory in Kakamigahara, Gifu Prefecture, on July 8.
BUSINESS / Companies / FOCUS
Jul 16, 2024
Japan finds a 'stealth' cure for zombie businesses: Let them fail
The shift in thinking is a clear departure for a country that has typically sought to avoid bankruptcies and protect existing jobs at the cost of productivity.

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition