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December 01, 2024
 

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BUSINESS

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Companies
Economy
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Tech
An outdated lineup, elevated spending on sales incentives and a lack of hybrids in North America has led Nissan to slash jobs and production.
BUSINESS / Companies
Nissan CFO set to step down as carmaker faces raft of challenges
The change follows an announcement last month that the company will eliminate 9,000 jobs and cut a fifth of its manufacturing capacity.
BUSINESS / Companies
Four Nippon TV affiliates to integrate management in April
The aim of the merger is to stabilize their business base and address the increasingly tough business environment resulting from media diversification.
BUSINESS / Companies
Shiseido profit outlook squeezed by China downturn, president says
Shiseido joins other luxury brands that have been hurt by slowing growth, increased competition and weaker consumer confidence in China.
In an interview in Tokyo with the BBC that was published on Thursday, Fast Retailing CEO Tadashi Yanai said the company does not source cotton from China's Xinjiang region.
BUSINESS / Companies
Nov 29, 2024
Uniqlo criticized in China after CEO says retailer does not use Xinjiang cotton
Tadashi Yanai, the CEO of Uniqlo owner Fast Retailing, said it does not source cotton from the region, which has faced allegations of forced labor.
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.
Mitsubishi UFJ Financial Group took a 15% stake in WealthNavi earlier this year.
BUSINESS / Companies
Nov 29, 2024
MUFG considering bid for Japanese robo-adviser WealthNavi
By Taiga Uranaka
MUFG took a 15% stake in WealthNavi earlier this year
The Adani Group headquarters in Ahmedabad, India
BUSINESS / Companies
Nov 29, 2024
Japanese banks stick with Adani as Jefferies and Barclays review ties
By Preeti Singh, Saikat Das, Suvashree Ghosh and Katherine Doherty
Gautam Adani and others have been charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts.
Unitika President Shuji Ueno attends a news conference in Osaka on Thursday.
BUSINESS / Companies
Nov 29, 2024
Unitika announces withdrawal from textile business
Its textile division has been struggling in recent years due to intensifying competition with Chinese and other rivals.
SoftBank is unhappy that Moody's continues to issue ratings on the company.
BUSINESS / Companies
Nov 28, 2024
SoftBank blasts Moody’s for unsolicited ratings
By Elizabeth Beattie
It says it is considering legal action against the agency, which has continued to publish unsolicited ratings of the company over the past several years.
Toyota's global sales, including that of subsidiaries Daihatsu Motor and Hino Motors, rose 0.4% in October compared with last year, the first uptick in three months.
BUSINESS / Companies
Nov 28, 2024
Toyota’s sales and output plateau on downturn in Japan and China
The world’s biggest carmaker has seen sales and output fall throughout the year as Japanese carmakers struggle to compete in China.

Japan to overhaul tax exemption system for foreign visitors
The Ginza shopping district in Tokyo in August
Japan researchers develop a simple way to spot signs of Alzheimer's disease
In 2022, the number of elderly people with dementia in Japan reached 4.43 million, according to data from the health ministry.
Tokyo police arrest six Chinese nationals over yami baito scheme
Tokyo police have arrested six Chinese nationals on suspicion of unlawful confinement and attempted extortion involving a 23-year-old exchange student who had become involved in a financial dispute over a yami baito, or a “dark” part-time job.
Japan's wealthy fail to declare ¥65.5 billion in income
Wealthy people in Japan failed to declare a total of ¥65.5 billion in taxable income in the year through June, down 33.2% from the year before, a National Tax Agency report showed Friday.
Kumiko Shichijo: ‘Living abroad helped me appreciate Japanese etiquette’
Kumiko Shichijo provides tips on Japanese etiquette and manners on Instagram and says videos on gift-giving and hand towels have done particularly well.
Ishiba sticks to the basics in second policy speech
Prime Minister Shigeru Ishiba delivers his policy speech at the Lower House of parliament in Tokyo on Friday.
Hiroshi Kurosaki looks beyond Japan for heart-wrenching drama
Hiroshi Kurosaki’s Netflix series “Beyond Goodbye” centers on a woman (Kasumi Arimura, left) who discovers her dead lover’s heart saved the life of a quiet pianist (Kentaro Sakaguchi).
Japan researchers develop a simple way to spot signs of Alzheimer's disease
In 2022, the number of elderly people with dementia in Japan reached 4.43 million, according to data from the health ministry.
‘What Divides Us’ producer honors grandfather’s Hiroshima reportage
“What Divides Us" producer Cannon Hersey says his grandfather, who wrote about the aftermath of nuclear destruction in Hiroshima, never spoke about what he had seen while working with Japanese minister Kiyoshi Tanimoto to preserve the stories of survivors.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.

Podcast

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

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat
By Greg Dvorak

SUSTAINABLE JAPAN

The celebrated artist ‘updating’ the kimono
The celebrated artist ‘updating’ the kimono

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