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July 16, 2024
 

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STARTUPS

The MP Materials rare earth open-pit mine in Mountain Pass, California, in January 2020. Western startups are focusing their attention on the process of refining rare earths — some of them pivoting from mining — that China has spent the past 30 years mastering.
BUSINESS / Companies
Dec 5, 2023
Western startups seek to break China's grip on rare earths refining
The companies are looking for faster, cleaner and cheaper ways to process the minerals that are critical for billions of electronic devices.
A coworking space at Tokyo Venture Capital Hub
BUSINESS / Companies
Dec 3, 2023
Tokyo’s new venture capital hub aims to boost ties among investors
Mori Building hopes that the large-scale hub for venture capital firms will ratchet up investment for startups and strengthen cooperation among investors.
Christian Sinding, chief executive officer of EQT, in Tokyo in September
BUSINESS / Companies
Nov 28, 2023
Private equity giant EQT buys stake in Japanese startup HRBrain
The purchase marks a rare attempt by a global private equity giant to boost returns through young enterprises in the Asian country.
Mitsubishi UFJ Financial Group is exploring more investments in mid- and late-stage tech startups, seeing room for expansion into a field that historically was shunned by relatively conservative giant lenders.
BUSINESS / Companies
Nov 22, 2023
Top Japanese bank builds startup fund as policy push lures lenders
Mars Growth Capital, co-run by Mitsubishi UFJ Financial Group, now has around 40 to 50 potential investment deals for its recently launched equity fund.
Sam Altman, chief executive of OpenAI
BUSINESS / Companies
Nov 22, 2023
OpenAI restores Sam Altman as CEO after his tumultuous ouster
In addition to Altman's return, the company agreed to partly reconstitute the board of directors that dismissed him.
Prime Minister Fumio Kishida and South Korean President Yoon Suk-yeol pose for a photo while wearing Stanford baseball caps with former U.S. Secretary of State Condoleezza Rice during a discussion on the sidelines of the Asia-Pacific Economic Cooperation summit, at Stanford University on Friday.
JAPAN / Politics
Nov 18, 2023
Japan and South Korea float idea of stronger ties through startups
Both leaders stressed the need to cooperate on climate change solutions and quantum computing at a panel discussion Friday.
Tokyo-based Luup controls more than 90% of the country’s shared e-scooter market in terms of ride mileage.
BUSINESS / Companies
Nov 13, 2023
E-scooter startup wins over Japanese regulators who confounded Uber
Tokyo-based Luup controls more than 90% of the country’s shared e-scooter market in terms of ride mileage, based on government-compiled data.
SoftBank Group Chairman and Chief Executive Officer Masayoshi Son. Son's trust in his own intuition may have made him unwilling to heed red flags and opposition from his advisers regarding investments in WeWork.
BUSINESS / Companies
Nov 8, 2023
WeWork saga cost Masayoshi Son $11.5 billion and his credibility
WeWork's bankruptcy filing caps a yearslong saga that revealed breathtaking flaws in the Japanese billionaire's investment style.
NTT plans to test driverless vehicle technology with Toyota and invest in a U.S. startup.
BUSINESS / Companies
Nov 7, 2023
NTT to test driverless tech with Toyota and invest in U.S. startup
NTT aims to start tests with autonomous buses and taxis as early as 2025 and invest about ¥10 billion ($66.91 million) in U.S. startup May Mobility.
A used KIA electric car is seen for sale outside the showroom of a used car dealer in Manchester, Britain
BUSINESS / Tech
Oct 23, 2023
The battery test race to work out what used EVs are really worth
There used to be no way to measure battery health. But that is changing as firms rush to scale up EV battery tests — some of which take just minutes.
The PayPay app now seeks to keep its pace of double-digit growth with help from other SoftBank portfolio companies.
BUSINESS / Tech
Oct 5, 2023
SoftBank’s PayPay app showcases Masayoshi Son’s clout in Japan
Seen to be next in SoftBank’s initial public offering pipeline, the startup now holds two-thirds’ share in QR-code payments in Japan.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo on Wednesday.
BUSINESS / Companies
Oct 4, 2023
SoftBank’s Son tells Japan: Adopt AI or get left behind again
Japan, which largely missed the initial wave of growth from the internet, can’t afford to lose another three decades, SoftBank founder Masayoshi Son said.
The Nasdaq market site in New York. Dozens of Japanese startups are preparing to list on the Nasdaq in the next few years.
BUSINESS / Markets
Oct 2, 2023
Nasdaq helps Japan startups escape risk-averse home market
An unprecedented number of entrepreneurs turn away from an aging, risk-averse home market.
Akinori Ishii, of startup Tsubame Industries Co., sits inside the cockpit of ARCHAX, a giant human-piloted robot developed by him and CEO Ryo Yoshida, in Yokohama on Sept. 27.
BUSINESS / Tech
Oct 2, 2023
Japan startup develops 'Gundam'-like robot with $3 million price tag
The 3.5-ton robot has two modes: the upright "robot mode" and a "vehicle mode" in which it can travel up to 10 kilometers per hour.
The Nvidia headquarters in Santa Clara, California
BUSINESS / Tech
Sep 28, 2023
AI chip crunch: Startups vie for Nvidia's vital component
Generative AI's lifeblood is a book-sized semiconductor known as the graphics processing unit (GPU) — built by one company, Nvidia.
MUFG Bank is aiming to foray into space by investing in startups.
BUSINESS / Companies
Sep 27, 2023
MUFG Bank among firms to lead $290 million Sierra Space fundraising
Sierra Space is among a handful of space industry players attempting to build a private space station.
A new tooth is seen in a ferret's mouth after it was administered a drug to stimulate the growth of tooth buds.
JAPAN / Science & Health
Sep 24, 2023
Japan pharma startup developing world-first drug to grow new teeth
Toregem Biopharma, funded by Kyoto University, is expected to begin clinical trials on healthy adults in around July 2024 to confirm the drug's safety.
The official U.S. Space Force flag is held during a presentation in the Oval Office of the White House in Washington in May 2020.
JAPAN / Politics
Sep 23, 2023
Japan startup unit to develop refueling satellite for U.S. Space Force
U.S. Space Force to develop a satellite capable of providing in-space refueling services to other satellites.
Iwaya's high-flying craft is equipped with a machine capable of sustaining those inside by maintaining a breathable atmosphere, through controlling components such as the cabin's oxygen and water vapor levels.
BUSINESS
Sep 14, 2023
Hokkaido startup aims for the stars with high-altitude balloon trips
Iwaya's balloon is expected to attain its final target of reaching a height of 25 kilometers by the end of this year.
Aillis CEO Sho Okiyama receives the first place award from Pegasus Tech Ventues founder and CEO Anis Uzzaman at the Startup World Cup Tokyo preliminary on Friday.
BUSINESS / Tech
Sep 12, 2023
Two Japanese startups to compete in Startup World Cup 2023 final
Smart homes and AI-assisted medical devices took top prizes, with the winners now set to attend the final competition in San Francisco.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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