Medical institutions across Japan are coming under increasing financial strain as rising prices for plastic and rubber—key materials in essential medical supplies—begin to weigh heavily on operations, prompting the government to release national oil reserves on March 26th in an effort to curb inflation and stabilize supply. (News On Japan)

Sony and Honda have decided to halt their jointly developed electric vehicle project, with their joint venture Sony Honda Mobility announcing on March 25th that it will cancel the development and launch of its new EV, the "AFEELA 1," as a reassessment of Honda’s EV strategy made it difficult to continue utilizing Honda’s technology and production support, ultimately leading to the conclusion that commercialization would be unfeasible. (News On Japan)

Seibu & Sogo announced that it will close its Seibu Shibuya store in September, bringing an end to the 58-year history of what was once a symbol of the district and marking the disappearance of traditional department stores from Shibuya. (News On Japan)

Italian furniture exports to Japan have grown steadily for over a decade, but this growth has not been driven by aggressive retail expansion. (News On Japan)

As the impact of the effective closure of the Strait of Hormuz spreads, the government announced it will begin releasing national oil reserves from 11 bases across the country starting March 26th, in a move aimed at minimizing disruption to economic activity. (News On Japan)

Japan’s nationwide consumer price index rose 1.6 percent in February from a year earlier, marking the first time in nearly four years that the rate has fallen below 2 percent, largely due to the abolition of a temporary gasoline tax rate and the impact of government subsidies. (News On Japan)

Rising tensions in the Middle East, triggered by an attack on liquefied natural gas facilities in Qatar, are not only driving up oil prices but also raising concerns over a potential helium shortage that could disrupt MRI diagnostics and strain hospital operations in Japan. (News On Japan)

As geopolitical tensions in the Middle East intensify, raising fears of potential disruptions to key oil shipping routes and production facilities, concerns over a prolonged crude oil supply shortage are deepening, with knock-on effects already emerging in Japan as businesses reliant on fuel—particularly heavy oil for industrial and commercial use—begin to face procurement difficulties, forcing some to suspend operations temporarily. (News On Japan)

Japan and the United States advanced economic discussions during their latest summit, agreeing on a new round of large-scale investment exceeding 11 trillion yen, though questions remain over whether the deal will ultimately serve Japan’s national interests. (News On Japan)

A nostalgic era of Japan’s once-ubiquitous feature phones is coming to a close, with 3G mobile communication services set to end at the end of March, prompting a final wave of device upgrades and intensifying competition among telecom carriers to secure remaining users. (News On Japan)

Japan’s largest labor union group UA Zensen announced that part-time workers secured a record-high average wage increase of 6.92% in this year’s spring labor negotiations as of today, marking the highest level ever recorded for this stage of the talks. (News On Japan)

The situation surrounding the Strait of Hormuz, a critical chokepoint for global energy transport, is growing increasingly complex, with U.S. President Donald Trump urging Japan to assist in securing the waterway while Iran signals it may allow passage depending on negotiations, and as prospects for a swift resolution fade, Japanese industries including automobiles, ethylene, and polyvinyl chloride resin have begun scaling back production. (News On Japan)