Tag - meti

 
 

METI

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.
While Tokyo has secured enough fuel to deal with expected surges in power demand as temperatures rise this summer, economy minister Ken Saito is urging people not to waste electricity.
JAPAN / Society
Jul 12, 2024
Japan on ‘high alert’ for summer power shortages, economy minister says
Thermal power facilities put on maintenance earlier this year are set to come online by end-July while earlier fixes are expected for other equipment failures.
A down jacket that uses recycled feathers. An Environment Ministry survey has shown that around 60% of newly supplied clothing in Japan is expected to be discarded without being reused.
JAPAN / Society
Jul 12, 2024
Japan aims to recycle 50,000 metric tons of discarded clothing
Large amounts of clothes are being thrown away as a result of massive production amid the spread of fast fashion.
Japan's excessive dependence on certain countries for chip imports is a risk to supply networks, government white paper has warned.
BUSINESS / Economy
Jul 9, 2024
Government white paper flags Japan's risks of import dependencies
The paper stressed the importance of import source diversification, to prevent excessive dependence that poses a risk to supply networks.
A wind farm in Koriyama, Fukushima Prefecture. For Japan's future energy roadmap to center on clean sources, the government should reform the institutions overseeing energy policy to avoid vested interests from slowing the transition down.
COMMENTARY / Japan
Jun 24, 2024
It’s time for Japan to set up a climate change agency
The government is currently reviewing Japan's Strategic Energy Plan. But who's shaping this key document for the future? It's mostly older men with vested interests.
Some major world economies want to finalize a plan ahead of this year's U.N. climate summit to halt new private sector funding for coal projects.
ENVIRONMENT / Climate change
Jun 8, 2024
Major world economies seek to halt new private sector coal financing
The biggest pushback on the OECD proposal to halt new private sector funding for coal projects has come from Japan, sources said.
Wind turbines stand next to solar panels at a solar plant in Awaji, Hyogo Prefecture. Japan's energy plan under a review is expected to call for raising the renewable energy sources in the power mix.
ENVIRONMENT / Energy
May 16, 2024
Japan begins review of basic energy plan amid spread of AI
Power demand could expand further if growth in the amount of information processed by advanced AI accelerates.
The Tokyo District Court on Monday sentenced a former industry ministry bureaucrat to 10 years in prison for drugging six women with sleeping pills and then raping or groping them in 2022.
JAPAN / Crime & Legal
May 13, 2024
Ex-METI bureaucrat given 10-year sentence for drugging and raping women
Dai Sato gave six women in Tokyo a beverage mixed with sleeping pills so that they wouldn't be able to resist his advances.
Counterfeit credit cards at the Osaka Prefectural Police Department in November
JAPAN / Crime & Legal
Apr 10, 2024
Illicit credit card use damage hits record high in Japan
The Ministry of Economy, Trade and Industry aims to strengthen measures to prevent such damage.
Mitsubishi Heavy Industries scrapped the development of its regional jet last year, after 15 years of effort.
BUSINESS / Economy
Mar 28, 2024
Japan really wants to build airplanes, $33 billion project shows
The Ministry of Economy, Trade and Industry is aiming to introduce a new aircraft by 2035.
Travel agents from Thailand make matcha tea in the town of Wazuka, Kyoto Prefecture, on Feb. 27, during a tourism promotion program organized by the Kansai Bureau of the Ministry of Economy, Trade and Industry.
JAPAN
Mar 20, 2024
Japan hoping wealthy Asians will visit rural areas near 2025 expo
While Japan sees the expo as a chance to attract foreign tourists, the event has yet to gain recognition.
Japan aims to have 10 gigawatts (GW) of offshore wind power projects by 2030 and up to 45 GW by 2040, to replace fossil fuels including coal and liquefied natural gas in its energy mix — for which floating offshore wind is essential.
BUSINESS / Markets
Mar 13, 2024
Japan to expand offshore wind development to exclusive economic zones
Global energy companies have been urging Japan to make investments more attractive, amid soaring costs and growing competition between suppliers.
TSMC's new factory in Kikuyo, Kumamoto Prefecture
BUSINESS / Companies
Mar 4, 2024
Japan in the midst of a semiconductor plant construction rush
The government set aside ¥4 trillion between fiscal 2021 and fiscal 2023 for subsidies for helping companies build semiconductor plants.
The government will extend subsidies worth as much as ¥242.9 billion for Kioxia and Western Digital to expand memory chip production in Mie and Iwate prefectures.
BUSINESS / Tech
Feb 6, 2024
Japan extends subsidies to downturn-hit Kioxia and Western Digital
The funding provides underpinning for the two companies, which have been hammered by a slump in the market for NAND flash chips.
Then-industry minister Yasutoshi Nishimura speaks at an exhibition in Tokyo on Dec. 13.
JAPAN / Politics
Dec 30, 2023
Nishimura questioned over funds scandal at biggest LDP faction
Nishimura is the sixth senior member of the faction to have been questioned by the special investigation team.
People take shelter in the Khreshchatyk metro station during an air strike alarm in Kyiv on Thursday amid the Russia invasion of Ukraine.
JAPAN
Dec 15, 2023
Japan expands sanctions over Russia's Ukraine invasion
Tokyo added to its sanctions list 57 organizations in Russia and six others in countries.
The Ministry of Economy, Trade and Industry has been meeting with Japanese buyers, as well as overseas suppliers, to urge the signing of more long-term LNG contracts.
BUSINESS / Companies
Nov 21, 2023
Japan urges LNG buyers to sign long-term deals for fuel security
The push is meant to insulate Japan from future supply shocks, as well as potentially harsher sanctions against Russian fuel exports.
Kiyoto Tsuji, a state minister for foreign affairs (center), and Kazuchika Iwata, a state minister of economy, trade and industry (right), talk to Ukrainian officials during their visit to Kyiv on Monday.
JAPAN / Politics
Nov 21, 2023
Japan state ministers visit Ukraine to examine recovery needs
The delegation included representatives from Japanese firms such as JFE Engineering and IHI, and agricultural machinery maker Kubota.
JERA's coal-fired power plant in Yokosuka, Kanagawa Prefecture, is under construction in 2021.
ENVIRONMENT / Energy / OUR PLANET
Oct 22, 2023
Japan sticks with climate solution that critics say is far from clean
The government hopes to use ammonia on a massive scale to reduce emissions from coal-fired power plants, but environmentalists remain skeptical.
Japan has doubled its target for the installation of electric vehicle charging outlets to 300,000 outlets by 2030.
BUSINESS / Economy
Oct 19, 2023
Industry ministry doubles target for EV charger installments
The aim is to accelerate installments so that Japan can achieve its target of having electrified vehicles account for 100% of its new car sales by 2035.

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