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September 17, 2024
 

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STARTUPS

Japan Times
BUSINESS / Tech
Mar 12, 2020
Augmented reality startup Magic Leap to explore a sale
Magic Leap Inc., the startup that raised more than $2 billion to build an augmented reality device, is exploring options including a sale, according to people familiar with the matter.
Japan Times
JAPAN
Mar 10, 2020
In Fukushima, a 'village' aims to lure young people back to disaster-hit town
In a deserted part of Fukushima Prefecture dotted with vacant lots, a sleek modern building stands out. In a workshop inside, a woman with a ponytail wearing purple protective eyeglasses carefully melts a tiny glass tube into the shape of a plum blossom.
Japan Times
BUSINESS / Companies
Feb 18, 2020
Masayoshi Son's big real estate venture with Oyo runs into real problems in Japan
Last March, months before the meltdown at WeWork, Masayoshi Son worked through the prospects for another one of his favorite portfolio companies — a startup from India called Oyo.
Japan Times
BUSINESS / Companies
Feb 13, 2020
SoftBank's Masayoshi Son considers new type of fund for startup investing
SoftBank Group Corp. founder Masayoshi Son said he is considering a new type of fund for startup investing, showing his determination to keep cutting deals after missteps with WeWork and several other companies.
Japan Times
BUSINESS / Companies
Feb 4, 2020
AI startup digs up business opportunity in aging water pipes in Japan and elsewhere
When a fifth of the people living in the city of Wakayama faced a three-day water stoppage last month to fix a 60-year-old pipe network, they rushed to get ready, only to learn that the repairs could be made without a shutdown.
Japan Times
BUSINESS / Tech
Jan 5, 2020
Robot-maker ZMP targets tractors, taxis and carts for elderly
Robot-maker ZMP Inc. is aiming to launch the first commercial level 3 automated bus operation in Japan at an airport in 2020.
Japan Times
BUSINESS / Companies
Dec 9, 2019
SoftBank's new tech fund to fall shy of target, Telegraph reports
SoftBank Group Corp. has scaled back ambitions for its second Vision Fund after the failure of big bets, including WeWork, by its first fund rattled partners such as Saudi Arabia, according to the Sunday Telegraph.
Japan Times
JAPAN / Politics
Dec 7, 2019
Japanese government may offer companies 25% tax break on investment in startups
The government and ruling coalition plan to allow companies to deduct 25 percent of the amount they invest in startups from their taxable income, informed sources said Friday.
Japan Times
BUSINESS / Companies
Dec 6, 2019
Defying local skepticism and 'Tokyo first' mentality, Science Park thrives in rural Yamagata
When Keio University professor Masaru Tomita accepted an offer in 2000 to head a new science lab in the city of Tsuruoka, Yamagata Prefecture, his fellow researchers — shocked at what they evidently considered his relegation to the countryside — warned him that his career was done for.
Japan Times
BUSINESS
Dec 5, 2019
Japan considering tax breaks for firms that invest ¥10 million in startups
Government and ruling coalition officials are considering giving tax breaks to small and midsize companies that invest ¥10 million or more in startups, sources familiar with their discussions said Wednesday.
Japan Times
BUSINESS / Companies
Dec 2, 2019
SoftBank's startup bookkeeping draws scrutiny after WeWork fiasco
In early 2018, the founders of Chinese artificial intelligence startup SenseTime Group Ltd. flew to Tokyo to see billionaire investor Masayoshi Son. As they entered the offices, Chief Executive Officer Xu Li was hoping to persuade the head of SoftBank Group Corp. to invest $200 million in his three-year-old...
Japan Times
BUSINESS
Nov 29, 2019
Inspired by 3/11, Tokyo-based Looop advances to semifinals of Startup World Cup 2020
A startup that's friendly to both the environment and your wallet is two steps away from a $1 million prize.
Japan Times
BUSINESS
Nov 25, 2019
Japan wants foreign entrepreneurs, but what's missing?
For foreign entrepreneurs, Japan has never been the easiest place to launch a startup for a number of reasons, including its conservative corporate culture, restrictive visa requirements and daunting language barrier.
Japan Times
BUSINESS
Nov 21, 2019
SoftBank in talks with Japanese banks as it seeks loans to bail out WeWork
SoftBank Group Corp. is in talks with partner financial institutions including Mizuho Bank to secure loans totaling ¥200 billion to ¥300 billion to support The We Co., operator of the WeWork office-sharing business, sources with knowledge of the matter said Thursday.
Japan Times
BUSINESS / Tech
Nov 20, 2019
Google moves head office in Japan to Shibuya Stream building, launches campus for startups
Google Chief Executive Officer Sundar Pichai was in Tokyo on Tuesday to inaugurate the move of the company's Japanese head office to an expansive new complex in the Shibuya district.
Japan Times
BUSINESS / Tech
Nov 13, 2019
New York beats Tokyo to become world's top innovative city
New York took first place in a list of the world's most innovative cities on Tuesday, with the United States performing strongly for its embrace of smart technology and startups.
Japan's elderly population grows to record 36.25 million
The proportion of people aged 65 and over has risen since the 1950s and is expected to hit 34.8% by 2040, when the second baby boomers (born 1971-1974) will join that group.
'Shogun' becomes first non-English-language winner of best drama Emmy
Japanese actress Anna Sawai, winner of the outstanding lead actress in a drama series award for "Shogun," and Japanese actor Hiroyuki Sanada, winner of the outstanding lead actor in a drama series award for the show, pose in the press room during the 76th Emmy Awards in Los Angeles on Sunday.
Japan jumps to No. 2, from sixth place, in Best Countries index
Pedestrians cross an intersection in the Shibuya district of Tokyo. Japan has experienced a postpandemic travel boom, with tourists pouring back in after restrictions closed the country’s borders to travelers.
South Korea is facing deepfake porn crisis
Activists hold up symbolic eye masks during a protest against deepfake porn in Seoul on Aug. 30.
Second assassination attempt on Trump is latest jolt in chaotic campaign
U.S. Secret Service and Homeland Security agents check a former home of a Ryan Routh, a suspect in an alleged assassination attempt on former U.S. President Donald Trump, in Greensboro, North Carolina, on Sunday.
‘Shogun’ and the painstaking art of ‘getting it right’
Hiroyuki Sanada and the cast and crew of "Shogun" accept the award for best drama series at the 76th Primetime Emmy Awards in Los Angeles, California.
Japan’s schools battle to keep kids cool, with or without AC
Students sit under a misting system during recess at Hikarigaoka Haru no Kaze Elementary School in Nerima Ward, Tokyo, on Sept. 6.
Chris Broad's new bar puts cocktails first, YouTube second
A self-proclaimed lover of great cocktails, YouTuber Chris Broad says his new Shibuya watering hole is more a place to get yourself a solid drink than it is anything related to his social media career.
In LDP presidential poll, three kingmakers hold all the cards
Prime Minister Fumio Kishida speaks at the Liberal Democratic Party headquarters in Tokyo in January as former Prime Minister Yoshihide Suga (left) looks on.
How China’s dominance of solar and batteries is impacting Japan’s energy transition
Solar panels and wind turbines at a power plant in Hami in China's Xinjiang region. The U.S. and other countries have described China’s actions against Uyghurs in the Xinjiang region, a key cog in the cleantech supply chain, as a genocidal campaign aimed at erasing an entire culture.

Podcast

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

Longform

A store clerk tries to cool things down in front of their shop by spraying a hose.
Is extreme weather changing the way Japan shops?
By Alex K.T. Martin

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