Toyota Motor will suspend production at 13 domestic factories on June 3rd as Typhoon No. 6 approaches Japan, with the company prioritizing the safety of employees and contractors as severe weather is expected to affect a wide area from western to eastern Japan. (News On Japan)

ENEOS Holdings, Japan's largest oil refiner, is accelerating its push overseas as it seeks to raise the share of revenue generated outside Japan from roughly 20% today to 50% in the future, according to President Tomohide Miyata, who outlined the company's growth strategy in an extended interview that was not fully aired on TV Tokyo's World Business Satellite (WBS). (News On Japan)

The Japan Housing Finance Agency announced on June 1st the interest rates that will apply in June for Flat 35, Japan’s long-term fixed-rate housing loan program. (News On Japan)

SoftBank Group announced on May 31st that it will build a data center in France dedicated to artificial intelligence (AI), with total investment potentially reaching approximately 14 trillion yen. (News On Japan)

Japan's restaurant industry is facing growing uncertainty after the government suspended the acceptance of new foreign workers under the Specified Skilled Worker visa program for the food service sector, a move that is affecting businesses, language schools, and students who had hoped to build careers in Japan. (News On Japan)

As soaring valuations in AI and semiconductor stocks prompt concerns about concentration risk, market analysts are increasingly pointing to energy shares as a potential alternative investment theme in an inflationary environment. (News On Japan)

Toyota Motor has decided to halt development of the LF-ZC, a next-generation electric vehicle planned under its Lexus luxury brand, according to sources familiar with the matter. (News On Japan)