The Nikkei Stock Average reversed early gains and closed 295.77 points, or 0.4%, lower at 62,417.88 on May 11 after surging more than 1,600 points earlier in the day, as selling spread across AI-related and semiconductor shares despite record highs in the U.S. Nasdaq and Philadelphia Semiconductor Index, while concerns over Middle East tensions and U.S. interest rate policy weighed on investor sentiment. (News On Japan)

Major sushi chain Sushiro will make its first entry into the United States this autumn, with plans to open its inaugural North American outlet near Times Square in New York. (News On Japan)

Japan’s so-called “national debt,” which includes government bonds, borrowings and other liabilities, reached 1,343.8426 trillion yen as of the end of March, marking a record high for the 10th consecutive year, the Finance Ministry announced. (News On Japan)

Toyota Motor has become the first Japanese company to surpass 50 trillion yen in annual revenue, although the automaker expects profits to decline this fiscal year due to the impact of Middle East tensions and U.S. tariff policies. (News On Japan)

A discount supermarket chain known for its ultra-low prices has raised the price of kaiware radish sprouts for the first time in 34 years, as worsening tensions in the Middle East continue to drive up oil-related costs and disrupt supplies of plastic products across Japan. (News On Japan)

Rising tensions in the Middle East are beginning to affect not only fuel and transportation costs, but also the prices of everyday foods ranging from cooking oil and fish to onions, with experts warning that the impact could continue for at least another year even if fighting comes to an end. (News On Japan)

Japan’s real wages in March rose for the third consecutive month, supported by continued growth in base salaries and a slowdown in inflation, according to data released by the Health, Labour and Welfare Ministry. (News On Japan)

Applications for Japan’s "Business Manager" residency status, which is granted to foreign entrepreneurs launching businesses in the country, have fallen by approximately 96% following the tightening of screening standards introduced in October last year. (News On Japan)

The Nikkei 225 surged sharply in Tokyo trading on May 7th, rising more than 3,300 points to close at 62,833.84 yen, marking both the largest gain in its history and the first time the index has finished in the 62,000 range, as buying orders spread rapidly from the opening bell following the Golden Week holidays and continued to build throughout the session. (News On Japan)

Nearly 1,500 businesses, including restaurants, have come under scrutiny as authorities move to address a growing issue in Ameyoko, one of Japan’s busiest shopping streets, where eateries have been expanding onto public roads without permits, prompting a crackdown by the Tokyo Metropolitan Police Department. (News On Japan)

The number of vacant homes across Japan has surpassed 9 million—roughly double the figure from 30 years ago—yet efforts to address the issue are being held back by increasingly complex inheritance cases that make resolution difficult. (News On Japan)

A proposal to eliminate Japan’s consumption tax on food for two years, long promoted by Prime Minister Sanae Takaichi, is facing complications, with a reduced 1% tax option now gaining traction within the government due to technical constraints that could delay full implementation. (News On Japan)

Sales of the "Dream Jumbo Lottery," offering a combined top prize of 500 million yen including adjacent number bonuses, began nationwide on May 1st. (News On Japan)

A tanker carrying Russian crude oil arrived off the coast of Imabari in Ehime Prefecture on the morning of May 4th, marking the first such import since the United States launched an attack on Iran and reflecting a government-led effort to diversify energy procurement sources. (News On Japan)

Japan intervened in currency markets in late April, spending an estimated 5–6 trillion yen to support the yen after a sharp slide toward the 160-per-dollar level triggered concern over rising import costs and market instability, marking one of the largest such actions in recent years as authorities moved to counter what they described as excessive volatility rather than any specific exchange rate target. (News On Japan)

Japan began a second round of releases from its national oil reserves on May 3rd, as the government moves to stabilize energy supplies following escalating tensions in the Middle East that have effectively shut down the Strait of Hormuz. (News On Japan)

Japan’s domestic automobile sales showed solid growth, with new car sales in April rising 9.6% from a year earlier to 314,816 units, according to data released on May 1st by industry groups including the Japan Automobile Dealers Association. (News On Japan)

A hotel in Choshi, Chiba Prefecture, known for offering one of Japan’s earliest sunrise views, has remained closed months after its sudden suspension of operations in late 2025, as an investigation reveals the operator behind the property acquired dozens of facilities nationwide, with at least 24 now shut or out of business, raising questions about a business model allegedly tied to visa acquisition for Chinese investors. (News On Japan)

Electricity and gas bills for usage in May will rise slightly in Japan, with the impact of tensions involving Iran expected to appear in utility charges from June onward. Larger increases could follow in subsequent months. (News On Japan)

The Bank of Japan decided to leave interest rates unchanged, opting against an additional rate hike for now, after its monetary policy meeting concluded earlier with a majority vote to maintain the policy rate at 0.75%, marking the third consecutive meeting at which rates were left unchanged. (News On Japan)