Business News On Japan
Updated: 5 min 4 sec ago
March 28, 2026 - 01:37
The yen weakened sharply, briefly falling past 160 to the dollar, as concerns grew that instability in the Middle East would persist and weigh on global markets. (News On Japan)
March 28, 2026 - 01:31
Electricity and gas bills across Japan are set to rise in April, as government subsidies introduced to ease the impact of rising prices come to an end. (News On Japan)
March 26, 2026 - 13:06
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)
March 25, 2026 - 17:37
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)
March 25, 2026 - 12:33
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)
March 25, 2026 - 12:30
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)
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