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Updated: 18 min 19 sec ago

Market Watch: Nikkei Struggles with US Fiscal Policy

May 2, 2024 - 13:08
The Nikkei average stock price fell on May 1st due to concerns that the start of US rate cuts might be delayed. In the morning, the decline exceeded 300 yen at one point. (News On Japan)
Categories: Japan News

Sake Makers Run Out of Bottles

May 2, 2024 - 12:48
As demand for sake rebounds both domestically and internationally, a major shortage of sake bottles has prompted a leading food wholesaler to begin selling the beverage in cans instead of bottles. (News On Japan)
Categories: Japan News

Fully Cashless 'WHATAWON' Opens in Osaka

May 1, 2024 - 23:19
A large-scale commercial facility, boasting about 50 stores from shopping to lodging and operating entirely cashless, has opened in Kishiwada City, Osaka Prefecture. (News On Japan)
Categories: Japan News

Osaka May Day Rally Calls for Wage Increases

May 1, 2024 - 22:58
May 1st marks the celebration of the international labor movement known as May Day. In Osaka, a rally was held where attendees called for the extension of recent substantial wage increases to small and medium-sized enterprises (SMEs) as well. (News On Japan)
Categories: Japan News

Japan's Top Five Securities Firms See Significant Profit Increase

May 1, 2024 - 19:20
The earnings reports from Japan's five major securities firms are in, showing strong performances boosted by the rising stock market. (News On Japan)
Categories: Japan News

Vacant Homes in Japan Reach Record High of 9 Million

May 1, 2024 - 12:23
Japan's Ministry of Internal Affairs and Communications announced on April 30th that the number of vacant homes across the country has reached 9 million, setting a new record high. (News On Japan)
Categories: Japan News

Japan Suspected of Injecting 5 Trillion Yen into Forex Market

May 1, 2024 - 01:55
Market insiders estimate that the government and the Bank of Japan (BOJ) might have conducted a forex intervention scaled at 5 trillion yen. (News On Japan)
Categories: Japan News

From Part-Time to President: Young Woman Leads Curry Franchise

April 30, 2024 - 15:17
Starting May 1, a new president will take the helm at the company that franchises "Curry House CoCo Ichibanya" in Gunma and eight other prefectures. Remarkably, the appointee is a 22-year-old woman who currently works there as a part-time employee, making this a highly unusual promotion. (News On Japan)
Categories: Japan News

Survey Reveals Wage Gains Not Matching Inflation

April 29, 2024 - 23:38
A recent study by the Rengo Research Institute, which focuses on labor issues, has revealed that only a little over 6% of workers report their wage increases have exceeded the rate of inflation. (News On Japan)
Categories: Japan News

Record Profits Following Tokyo Disney's 40th Birthday

April 29, 2024 - 10:54
Oriental Land Co., operator of Tokyo Disney Resort, announced that it achieved record revenue and net profits for the fiscal year 2023. The company reported a revenue of 618.4 billion yen ($3.9 billion) and a net profit of 120.2 billion yen ($755 million), both the highest in its history. (News On Japan)
Categories: Japan News

Weak Yen Fails to Boost Stocks as Expected

April 29, 2024 - 10:49
On April 26, the Nikkei Average closed up 306 points at 37,934 yen, despite a rapidly weakening yen. Experts are noting a shift in the typical correlation between a weak yen and strong stock performance, suggesting that the previous dynamic may be weakening. (News On Japan)
Categories: Japan News

Konjac Farming Innovation Drives Revenue Growth

April 29, 2024 - 04:04
Twelve years after entering the global marketplace for konjac, known in Japan as konnyaku, Akiji Sawaura has seen his company's revenue increase by 2.5 times and employee numbers double. However, his journey was not without its challenges. (News On Japan)
Categories: Japan News

A Breakthrough in Aquaculture: Mackerel that Produce Tuna

April 29, 2024 - 03:51
Novelist Hitoshi Mayama explores a groundbreaking next-generation aquaculture technology at Tokyo University of Marine Science and Technology with Professor Goro Yoshizaki. This innovative method allows desired fish species to be bred by transplanting their reproductive stem cells into surrogate fish. (News On Japan)
Categories: Japan News

Japanese Yen Slides to 34-Year Low, Hits 158 Against the Dollar

April 27, 2024 - 06:01
In a significant movement in the foreign exchange markets, the Japanese yen has once again depreciated, crossing the 158 mark against the U.S. dollar. This level marks the weakest the yen has been in approximately 34 years, signaling ongoing economic pressures and potentially major shifts in Japan's financial landscape. (News On Japan)
Categories: Japan News

Japan's Cabinet Approves Bill to Curb Tech Giants' Market Dominance

April 27, 2024 - 05:51
Japan's Cabinet has approved a bill designed to regulate tech giants to ensure fair competition in the smartphone business. (NHK)
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12 Social Media Monitoring Tools That Are Transforming the Japanese Market

April 26, 2024 - 20:47
Social media monitoring has become an indispensable tool for businesses worldwide, providing insights into consumer behavior, market trends, and brand perception. (News On Japan)
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Tasaki Marks 70th Anniversary with Glamorous Pearl Jewelry Exhibition

April 26, 2024 - 20:26
Tasaki, the renowned pearl jewelry brand, celebrated its 70th anniversary by hosting the "TASAKI 70th Anniversary Exhibition: FLOATING SHELL." The event kicked off on April 25 with a glamorous opening ceremony attended by a slew of celebrities. (News On Japan)
Categories: Japan News

Bank of Japan Stays Course on Monetary Policy

April 26, 2024 - 19:59
The Bank of Japan says it will leave its monetary policy unchanged. The announcement comes at the end of the BOJ's two-day meeting on Friday. (NHK)
Categories: Japan News

Honda Plans New EV Factory in Canada

April 26, 2024 - 07:15
Honda has unveiled plans to construct a factory dedicated to electric vehicles (EVs) in Ontario, Canada, as part of its broader strategy to fully transition to EVs by 2040. (News On Japan)
Categories: Japan News

Plaintiffs File Lawsuit Against Facebook Japan Over Scam Ads

April 26, 2024 - 01:26
Four victims of imposter scams have sued the Japan unit of US IT giant Meta for damages, saying the operator of Facebook and Instagram has failed to verify the authenticity of social media ads. (NHK)
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