The Office of the United States Trade Representative (USTR) announced on June 2nd that it is considering imposing an additional 12.5% tariff on Japan, arguing that the country's measures to prevent the import of products made with forced labor are insufficient. (News On Japan)

As labor shortages deepen across Japan, more companies in Okinawa are turning to foreign workers not only to fill vacancies but also to build long-term careers, creating support systems that help employees settle into local communities and remain in the workforce. (News On Japan)

Quantum computing is attracting growing attention from investors as governments around the world increase support for the technology, raising expectations that it could become the next major investment theme after artificial intelligence. (News On Japan)

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)